Portfolio update
Monthly Portfolio Update Capital Gearing Trust plc announces that as at 31 March 2008 it had
the following investments in other listed closed-ended investment
funds, which do not have a stated investment policy to invest no more
than 15% of their total assets in other listed closed-ended
investment funds:
Name Percentage of portfolio Utilico Finance LTD Zero Div Pref 31.10.2012 2.44%
London & St Lawrence Investment
Company 1.28%
Advance Developing Markets Trust 0.75%
Utilico Finance LTD Zero Div Pref 2016 0.60%
Eclectic Investment Trust 0.32% Total 5.39%
Capital Gearing Trust plc also announces that as at 31 March 2008 the
ten largest investments were as follows:
Name Percentage of portfolio Sweden ( Kingdom of ) 3.5% Bonds 01/12/28 6.50%
Switzerland (Govt of) 2% Bonds 2014 5.39%
France (Govt of ) 5.5% OAT 25/04/29 4.52%
Switzerland (Govt of ) 3.0% Bonds 2018 4.32%
Treasury 2.5% Index Linked 2013 4.28%
Germany ( Fed Rep ) 4.75% Bunds 04/07/28 4.16%
Life Offices Opportunities Trust 4.06%
Canada ( Govt. of ) 4% Index-Linked 01/12/31 2.99%
Germany ( Fed Rep ) 4.0% Bunds 04/04/09 2.71%
Utilico Finance LTD Zero Div Pref 31.10.2012 2.44% Total 41.37%
There were no additional investments with a value greater than 5% of
the Company's portfolio.
It should be noted that the above percentages are calculated using
'bid prices'.
Enquiries
Keith Hawkins, TMF Corporate Secretarial Services Limited
Email: company.secretary@capitalgearingtrust.com Date: 1 April 2008 - ---END OF MESSAGE---
|