Portfolio

             As at latest 30th September 2025

Asset Class

% Allocation

Listed Equities

           90.7%

Cash (net of accruals)

              9.3%

Total

         100.0%

 

Region

% Allocation

North America

              59.3%

Sweden

                7.2%

Australia

                8.8%

China

                6.7%

Taiwan

                4.6%

United Kingdom

                4.1%

Cash (net of Accruals)

                9.3%

Total

           100.0%

 

 

Industry Sub-Group

% Allocation

Applications Software

                 6.2%

Auto-Cars/Light Trucks

                 3.0%

Cellular Telecoms

                 4.3%

Commercial Serv-Finance

                 4.1%

Data & Systems Security

              10.3%

E-Commerce/Products

                 12.7%

Enterprise Software/Services

              7.4%

Entertainment Software

                 3.8%

Internet Application Software

                 3.4%

Internet Media & Services

              8.2%

Medical Products

                 2.7%

Semiconductor Industry

              19.3%

Web Portals/Internet Service Providers

                 5.3%

Cash

                 9.3%

Total

            100.0%

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