Top holdings
40.28%Per cent of portfolio in top holdings
| Holding | % of portfolio |
|---|---|
| Lloyds Banking Group PLC | 6.41% |
| GSK PLC | 5.63% |
| Rio Tinto PLC Ordinary Shares | 4.44% |
| British American Tobacco PLC | 3.98% |
| Barclays PLC | 3.94% |
| Shell PLC | 3.93% |
| DCC PLC | 3.13% |
| BP PLC | 3.01% |
| National Grid PLC | 2.95% |
| Reckitt Benckiser Group PLC | 2.86% |
As of Dec 31 2025. Top holdings excludes cash and cash equivalents.
Sector weighting
| Sector | % of portfolio |
|---|---|
| Financial Services | 23.93% |
| Consumer Cyclical | 15.55% |
| Consumer Defensive | 13.62% |
| Energy | 13.51% |
| Industrials | 12.48% |
| Real Estate | 8.66% |
| Basic Materials | 7.90% |
| Healthcare | 7.72% |
| Utilities | 5.54% |
| Communications Equipment | 1.34% |
As of Dec 31 2025.
Regional holdings
| Holding | % of portfolio |
|---|---|
| UK | 100.49% |
| France | 3.94% |
| Spain | 1.86% |
| Germany | 1.79% |
| USA | 1.46% |
| Netherlands | 0.09% |
As of Dec 31 2025.
