| Gold Bullion Securities | 7.0 |
| UK Treasury 3.750% 07/09/2021 | 6.4 |
| UK Treasury 1.000% 22/04/2024 | 5.5 |
| US Treasury 1.500% 30/11/2024 | 5.0 |
| iShares £ Corp Bond 0-5yr ETF | 4.4 |
| US Treasury 4.500% 15/05/2038 | 2.0 |
| TwentyFour Monument Bond Fund | 1.4 |
| US Treasury 3.000% 15/08/2048 | 1.2 |
| Federative Rep of Brazil 4.625% 13/01/2028 | 0.9 |
| Microsoft | 0.8 |
| Top 10 holdings | ||
| Remaining holdings |
As at 31 May 2020.
| UK corporate bonds | 25.7 | |
| US equity | 13.0 | |
| Overseas government bonds | 12.6 | |
| UK government bonds | 11.8 | |
| Europe ex UK equity | 9.3 | |
| Overseas corporate bonds | 7.1 | |
| Commodities | 7.0 | |
| Japan equity | 2.4 | |
| UK equity | 1.2 | |
| Property | 0.4 | |
| Cash | 9.5 |