Top Ten Holdings as at 31/12/19

1. Microsoft 7.2%
2. American Express 5.5%
3. Roche Holdings 5.2%
4. Alphabet 5.0%
5. Novartis 5.0%
6. PayPal 4.9%
7. Medtronic 4.6%
8. Unilever 4.1%
9. Experian 4.1%
10. Becton Dickinson 4.0%

Source: Troy Asset Management Limited

NAV per Share Performance 12/08/11 to 31/12/19

Share Performance

Source: Lipper

Past performance is not a guide to the future. The value of the shares and the income from them can go down as well as up and you may not get back the full amount originally invested. Please refer to the Prospectus and Key Investment Information Document (KIID) for further information on the Fund’s risks.

Sector Allocation as at 31/12/19

Sector Allocation

Geographical Allocation as at 31/12/19

Geographical Allocation

Source: Troy Asset Management Limited

Currency Exposure as at 31/12/19

Euro 4.20%
Pound Sterling 17.00%
Swiss Franc 15.00%
U.S Dollar 63.80%

Source: Troy Asset Management Limited