Portfolio & performance

Our holdings

For a full list of investments, click here.

Top 25 holdings as at 31 October 2020

Company Industry Country £'M
Newmont Materials US 49.5
Barrick Gold Materials Canada 47.0
Newcrest Mining Materials Australia 35.9
Pfizer Health Care US 22.3
Japan Tobacco Consumer Staples Japan 21.2
Roche Health Care Switzerland 21.0
United Utilities Utilities UK 17.5
Severn Trent Utilities UK 16.0
Duke Energy Utilities US 16.0
Gilead Sciences Health Care US 15.2
BT Communication Services UK 14.1
Kirin Consumer Staples Japan 13.9
KT & G Consumer Staples South Korea 13.8
Tesco Consumer Staples UK 13.4
Sanofi Health Care France 13.3
GlaxoSmithKline Health Care UK 13.2
Verizon Communications Communication Services US 12.6
China Mobile Communication Services China 12.0
PepsiCo Consumer Staples US 11.4
Gold Fields Materials South Africa 11.2
Bristol-Myers Squibb Health Care US 10.8
Deutsche Telekom Communication Services Germany 10.0
Target Consumer Discretionary US 9.9
Telstra Communication Services Australia 9.8
Carrefour Consumer Staples France 9.3