PR Newswire
London, January 8
CAPITAL GEARING TRUST P.L.C. (the 'Company')
LEI: 213800T2PJTPVF1UGW53
Quarterly Portfolio Update
Capital Gearing Trust P.l.c. announces that, as at 5 January 2018, it held the
following investments in other listed closed-ended investment funds, which do
not have a stated investment policy to invest no more than 15% of their total
assets in other listed closed-ended investment funds:
| Name | Percentage of portfolio |
| Residential Secure Income | 1.81% |
| Utilico Finance Ltd Zero Div Pref 2018 | 0.72% |
| BH Global | 0.54% |
| Utilico Finance Ltd Zero Div Pref 2020 | 0.48% |
| Ecofin Global Utilities and Infrastructure | 0.44% |
| Ranger Direct Lending Zero Div Pref 2021 | 0.42% |
| Hadrian's Wall Secured Investments | 0.30% |
| BBGI SICAV SA | 0.08% |
| Hansa Trust 'A' (Non-Voting) | 0.06% |
| Total | 4.85% |
Capital Gearing Trust P.l.c. also announces that, as at 5 January 2018, the ten
largest investments were as follows:
| Name | Percentage of portfolio |
| UK Treasury 0.125% 2019 | 7.60% |
| USA Treasury 2.0% Index-Linked 2026 | 4.21% |
| USA Treasury 0.25% Index-Linked 2025 | 3.75% |
| Vanguard FTSE Japan UCITS ETF | 3.05% |
| Vonovia | 2.83% |
| North Atlantic Smaller Companies | 2.68% |
| USA Treasury 2.375% Index-Linked 2025 | 2.44% |
| Sweden Treasury 0.25% Index-Linked 2022 | 2.00% |
| UK Treasury 2.5% Index-Linked 2020 | 1.85% |
| Deutsche Wohnen | 1.83% |
| Total | 32.24% |
There were no additional investments with a value greater than 5% of the
Company's portfolio.
It should be noted that the above percentages are calculated using 'bid'
prices.
Enquiries:
Steven Cowie, Company Secretary
Email: company.secretary@capitalgearingtrust.com
