Classification of Investments

Classification of Investments

(Based on Global Industry Classification Standard ("GICS") codes) 

Asset allocation at 30 November 2018

Share of Total Assets %

Banks

28.4

Materials

10.0

Energy

9.9

Consumer Staples

9.4

Other Financials

   7.9

Industrials

7.2

Health Care

4.9

Insurance

4.2

Consumer Discretionary

3.3

Real Estate

3.2

Communication Services

3.1

Utilities

2.9

Information Technology

0.3

Total investment portfolio

94.7

Cash

3.6

Other assets

1.7

Total assets

100.0