What We Do

Why invest in Financials?

Together, financial companies form one of the largest investment sectors in the world.

More than just banks, they include insurance companies (including non-life insurers, reinsurers and life assurers), asset managers and stock exchanges, and, more recently, technology-based providers such as online payment companies and challenger banks.

That breadth provides investors with a vast array of choice and the ability to tap into the high growth potential of the likes of FinTech companies or income in the form of dividends.

How the companies operate – and in turn how they perform from an investment point of view – can differ markedly from region to region, again creating opportunities.

Why the Polar Capital Global Financials Trust (PCFT)?

PCFT aims to select the best investment opportunities from the world of financials. The investment team scours the globe and actively invests in developed regions such as the US as well as emerging economies and Asia. With a relatively low exposure to UK companies, the Trust could be a complementary holding to existing UK financial stocks.

Investing in a specialist sector such as financials requires an expert eye. The five-strong team at Polar Capital invests solely in financials and has done for many years. The culture at the firm is collegiate and, as such, the managers are able to draw on the expertise of the wider investment teams at Polar Capital, which includes a dedicated Global Insurance team.

The Trust aims to deliver capital growth and income through dividends. A feature of an investment trust is the ability to store income to facilitate dividend payments during times when its underlying companies are unable to do so. One example of this is during the COVID-19 pandemic when many financial companies did not pay a dividend, but PCFT maintained its own income payment.

Financials are the prime beneficiary of the shift out of a low inflation and interest rate environment. The improved outlook for normalised profitability has not been reflected in valuations and as the largest constituent of value indices it also provides diversification from growth sectors that have benefited from ultra-low interest rates over the past decade.

Meet the Team

The investment team has a huge amount of experience, with long-term industry track records and an abundance of niche sector knowledge.

Our Heritage

Find out more about the history of the trust.

Explore the Trust

Get the latest share price, positioning and performance.

Important Information:This announcement constitutes a financial promotion pursuant to section 21 of the Financial Services and Markets Act 2000 and has been prepared and issued by Polar Capital LLP ("Polar Capital"). Polar Capital is a limited liability partnership with registered number OC314700, which is authorised and regulated by the UK Financial Conduct Authority ("FCA") and is registered as an investment advisor with the US Securities & Exchange Commission ("SEC"). A list of members is open to inspection at the registered office, 16 Palace Street, London, SW1E 5JD.

This announcement does not constitute, or form part of, any offer or invitation to sell or purchase, or any solicitation of any offer to purchase or subscribe for, any shares in the Company in any jurisdiction nor shall it, or any part of it, or the fact of its distribution, form the basis of or be relied on in connection with or act as any inducement to enter into, any contract therefore. It is for information purposes only and is not designed to contain information material to an investor’s decision to invest in the Company. Polar Capital is not rendering legal or accounting advice through this announcement; viewers should contact their legal and accounting professionals for such information. All opinions and estimates in this announcement constitute the best judgement of Polar Capital as of the date hereof, but are subject to change without notice, and do not necessarily represent the views of Polar Capital. Potential investors should be aware that any investment in the Company is speculative, involves a high degree of risk, and could result in the loss of all or substantially all their investment. Results can be positively or negatively affected by market conditions beyond the control of the Company or any other person. This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. This announcement has not been approved by any competent regulatory or supervisory authority.