Top investments

Holdings over 1% of net assets at 31 March 2017 were as follows:

NamePoolGeographyBusinessValue £m Net assets %
CobeholdUnquotedBelgiumInvestment company130.66.9
Gala BingoUnquotedUKBingo operator104.25.5
Seven Investment ManagementUnquotedUKInvestment management81.34.3
Liberation GroupUnquotedJerseyPubs and restaurants74.43.9
The Sloane ClubUnquotedUKResidential club61.43.2
Choice Care GroupUnquotedUKCare homes provider54.62.9
AG BarrQuotedUKSoft drinks47.42.5
British American TobaccoQuoted/IncomeUKTobacco47.32.5
NTAsset fundsFundsAsiaQuoted market funds42.32.2
Aberdeen US PE fundsFundsUSFunds of funds41.82.2
Arlington AVM Ranger fundFundsUSQuoted market fund39.12.1
Macquarie Asia New Stars fundFundsAsiaQuoted market fund38.22.0
FlowserveQuotedUSIndustrial engineering37.62.0
Bristow GroupQuotedUSHelicopter services36.21.9
MicrosoftQuotedUSInfrastructure technology35.41.9
Capital Today China Growth fundFundsChinaPrivate equity fund34.41.8
Jardine MathesonQuotedSingaporeIndustrial engineering32.51.7
OracleQuotedUSInfrastructure technology30.81.6
PVAM Perlus Microcap fundFundsUSQuoted market fund30.41.6
Spirax SarcoQuotedUKSteam engineering30.01.6
Philip MorrisQuoted/IncomeUSTobacco29.51.5
Polar CapitalQuotedUKFund manager25.51.3
Hill & SmithQuotedUKInfrastructure products25.21.3
JF Lehman fundsFundsUSPrivate equity funds25.11.3
Becton DickinsonQuotedUSMedical technology22.11.2
Asia Alternatives fundsFundsAsiaFunds of funds20.81.1
NestléQuotedSwitzerlandPackaged foods20.81.1
Sports Information ServicesUnquotedUKBroadcasting services20.01.1
Thermo Fisher ScientificQuotedUSBiotechnology development19.91.0
Overlook Partners fundFundsAsiaQuoted market fund19.11.0
Other investments398.021.0
Total pool investments 1,655.987.2
Non-pool investments32.71.7
Cash and other items210.211.1
Net assets 1,898.8100.0