Portfolio & performance

Our holdings

For a full list of investments, click here.

Top 25 holdings as at 31 December 2020

Company Industry Country £'M
Newmont Materials US 41.5
Barrick Gold Materials Canada 35.0
Newcrest Mining Materials Australia 33.0
Pfizer Health Care US 21.8
Japan Tobacco Consumer Staples Japan 21.7
BT Communication Services UK 18.4
Kirin Consumer Staples Japan 17.3
United Utilities Utilities UK 15.7
Roche Health Care Switzerland 15.5
Tesco Consumer Staples UK 15.1
Gilead Sciences Health Care US 14.4
KT & G Consumer Staples South Korea 14.0
GlaxoSmithKline Health Care UK 13.7
Sanofi Health Care France 13.4
Severn Trent Utilities UK 12.7
Duke Energy Utilities US 12.7
Verizon Communications Communication Services US 12.3
Telstra Communication Services Australia 11.3
Deutsche Telekom Communication Services Germany 11.3
Bristol-Myers Squibb Health Care US 10.9
Total Energy France 10.7
China Mobile Communication Services China 10.7
Altria Consumer Staples US 9.9
Chevron Energy US 9.9
Carrefour Consumer Staples France 9.7