CAPITAL GEARING TRUST P.L.C CAPITAL GEARING TRUST P.L.C. (the 'Company')
LEI: 213800T2PJTPVF1UGW53
Quarterly Portfolio Update
Capital Gearing Trust P.l.c. announces that, as at 31 December 2022, 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 net assets |
| GCP Infrastructure Investments | 0.71% |
| Residential Secure Income | 0.41% |
| Pershing Square Holdings | 0.36% |
| AVI Global Trust | 0.33% |
| UIL Zero Div Pref 2024 | 0.07% |
| Total | 1.88% |
Capital Gearing Trust P.l.c. also announces that, as at 31 December 2022, the ten
largest investments were as follows:
| Name | Percentage of net assets |
| UK Treasury 0.125% Index-Linked 2024 | 9.61% |
| iShares MSCI Japan ESG Screened ETF | 3.43% |
| UK Treasury 0.125% Index-Linked 2029 | 3.36% |
| US Treasury 0.625% Index-Linked 2043 | 2.83% |
| SPDR MSCI Europe Energy ETF | 2.36% |
| US Treasury 0.75% Index-Linked 2045 | 1.87% |
| UK Treasury 0.125% Index-Linked 2026 | 1.75% |
| Lyxor Stoxx Europe 600 Basic Resources ETF | 1.52% |
| US Treasury 0.375% Index-Linked 2044 | 1.49% |
| UK Treasury 2.5% Index-Linked 2024 | 1.47% |
| Total | 29.69% |
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:
Juniper Partners Limited, Company Secretary
Email: company.secretary@capitalgearingtrust.com
