PR Newswire
London, January 6
CAPITAL GEARING TRUST P.L.C. (the 'Company')
Quarterly Portfolio Update
Capital Gearing Trust P.l.c. announces that, as at 5 January 2017, 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 |
| Highbridge Multi-Strategy | 1.05% |
| Utilico Finance Ltd Zero Div Pref 2018 | 1.00% |
| Phoenix Spree Deutschland | 0.69% |
| Utilico Finance Ltd Zero Div Pref 2020 | 0.63% |
| Ecofin Global Utilities and Infrastructure | 0.63% |
| DW Catalyst Fund | 0.59% |
| Alliance Trust | 0.41% |
| BH Global | 0.40% |
| Miton Worldwide Growth Investment Trust | 0.30% |
| Ranger Direct Lending | 0.30% |
| Henderson Alternative Strategies Trust | 0.27% |
| Hansa Trust 'A' (Non-Voting) | 0.08% |
| LMS Capital | 0.03% |
| Dexion Absolute EUR | 0.01% |
| Dexion Absolute USD | 0.01% |
| Total | 6.40% |
Capital Gearing Trust P.l.c. also announces that, as at 5 January 2017, the ten
largest investments were as follows:
| Name | Percentage of portfolio |
| UK Treasury 0.125% Index-Linked 2019 | 5.58% |
| UK Treasury 1.25% Index-Linked 2017 | 4.59% |
| North Atlantic Smaller Companies | 3.51% |
| USA Treasury 2.0% Index-Linked 2026 | 2.88% |
| UK Treasury 0.125% Index-Linked 2024 | 2.73% |
| USA Treasury 0.625% Index-Linked 2021 | 2.21% |
| M&G High Income Investment Trust | 2.16% |
| NB Private Equity ZDP | 2.13% |
| UK Treasury Bill 2017 | 2.01% |
| USA Treasury 1.75% Index-Linked 2028 | 1.93% |
| Total | 29.73% |
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
