Portfolio & performance

Our holdings

For full lists of investments quarterly, click here.

Top 25 holdings as at 30 September 2019

Company Industry Country £'M
Newcrest Mining Materials Australia 43.1
Tesco Consumer Staples UK 36.4
Target Consumer Discretionary US 35.4
GlaxoSmithKline Health Care UK 33.6
Barrick Gold Materials Canada 32.0
Newmont Goldcorp Materials US 31.3
Royal Dutch Shell Energy UK 24.2
Pfizer Health Care US 23.6
PepsiCo Consumer Staples US 21.9
Roche Health Care Switzerland 20.0
East Japan Railway Industrials Japan 19.3
Japan Tobacco Consumer Staples Japan 18.2
Exxon Mobil Energy US 18.1
ING Financials Netherlands 18.1
Kirin Consumer Staples Japan 17.2
China Mobile Communication Services China 17.2
United Utilities Utilities UK 16.7
Gap Consumer Discretionary US 16.5
BT Communication Services UK 16.3
Chevron Energy US 15.4
Total Energy France 14.3
Verizon Communications Communication Services US 14.0
Marks & Spencer Consumer Discretionary UK 13.7
Telstra Communication Services Australia 12.9
BNP Paribas Financials France 12.7