Portfolio Breakdown

Top 10 holdings (%)

Gold Bullion Securities3.9
Vodafone Group1.7
UK Mortgages Limited1.6
Real Estate Credit Investments1.5
SRLEV 9.000% 15/04/20411.4
OMRON Corporation1.2
BNP Paribas 7.625%1.2
L&G 10% 23/07/41 10.000% 23/07/20411.2
Evraz1.2
Mitsubishi Gas Chemical1.2
Top 10 holdings
Remaining holdings

As at 30 November 2020.

Asset allocation (%)

US equities24.2
Overseas corporate bonds15.7
UK corporate bonds13.2
Europe ex UK equities12.7
UK equities9.5
Japan equities9.4
Overseas government bonds5.0
Commodities3.9
Property1.6
Asia ex Japan equities1.3
Emerging market equities0.5
Cash3.0
As at 30 November 2020.