Top holdings
27.78%Per cent of portfolio in top holdings
| Holding | % of portfolio |
|---|---|
| ASML Holding NV | 4.35% |
| Novartis AG Registered Shares | 3.86% |
| Roche Holding AG | 3.81% |
| Nestle SA | 2.90% |
| Siemens AG | 2.61% |
| Allianz SE | 2.60% |
| JPMorgan European Discovery Ord | 2.56% |
| UniCredit SpA | 2.56% |
| Banco Santander SA | 2.53% |
As of Dec 31 2025. Top holdings excludes cash and cash equivalents.
Sector weighting
| Sector | % of portfolio |
|---|---|
| Financial Services | 25.19% |
| Industrials | 22.49% |
| Healthcare | 14.48% |
| Consumer Cyclical | 9.83% |
| Technology | 9.44% |
| Consumer Defensive | 7.09% |
| Utilities | 5.40% |
| Communications Equipment | 5.05% |
| Basic Materials | 4.18% |
| Other | 3.74% |
As of Dec 31 2025.
Regional holdings
| Holding | % of portfolio |
|---|---|
| Germany | 21.73% |
| France | 19.66% |
| Switzerland | 18.17% |
| Netherlands | 11.63% |
| Italy | 9.49% |
| Spain | 6.07% |
| Sweden | 4.65% |
| Other | 15.51% |
As of Dec 31 2025.
