Classification of Investments

Classification of Investments

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

Asset allocation at 31 January 2020

Share of Total Assets %

Banks

22.0

Materials

10.3

Other Financials

10.0

Industrials

8.6

Energy

   7.8

Consumer Discretionary

7.3

Health Care

6.8

Consumer Staples

6.8

Real Estate

4.3

Communication Services

3.4

Insurance

3.3

Utilities

2.8

Information Technology

0.7

Total investment portfolio

94.1

Cash

4.9

Other assets

1.0

Total assets

100.0