Portfolio & performance

Our holdings

For a full list of investments, click here.

Top 25 holdings as at 31 March 2020

Company Industry Country £'M
Newmont Materials US 37.1
Barrick Gold Materials Canada 33.6
Newcrest Mining Materials Australia 25.7
Roche Health Care Switzerland 22.2
Japan Tobacco Consumer Staples Japan 21.7
Pfizer Health Care US 21.3
Gilead Sciences Health Care US 20.4
United Utilities Utilities UK 18.3
BT Communication Services UK 16.4
Kirin Consumer Staples Japan 15.9
Pepsico Consumer Staples US 15.6
GlaxoSmithKline Health Care UK 15.4
China Mobile Communication Services China 15.3
East Japan Railway Industrials Japan 15.3
Severn Trent Utilities UK 15.0
Tesco Consumer Staples UK 14.9
Duke Energy Utilities US 14.7
Sanofi Health Care France 13.5
KT & G Consumer Staples South Korea 12.4
Verizon Communications Communication Services US 12.4
Bristol-Myers Squibb Health Care US 10.8
Total Energy France 10.6
Altria Consumer Staples US 10.3
Telstra Communication Services Australia 10.2
Carrefour Consumer Staples France 9.9