Top investments

Holdings over 1% of net assets at 30 September 2018 were as follows:

NamePoolGeographyBusinessValue £mNet assets %
Seven Investment ManagementUnquotedUKInvestment management121.16.0
CobeholdUnquotedBelgiumInvestment company105.45.3
Choice Care GroupUnquotedUKCare homes provider99.45.0
Cooke OpticsUnquotedUKCine lens manufacturer92.64.6
Buzz BingoUnquotedUKBingo operator89.14.4
Liberation GroupUnquotedJerseyPubs and restaurants81.54.1
Aberdeen US PE fundsFundsUSFunds of funds74.83.7
Arlington AVM Ranger fundFundsUSQuoted market fund52.12.6
NTAsset fundsFundsAsiaQuoted market funds43.42.2
MicrosoftQuotedUSInfrastructure technology41.82.1
Spirax SarcoQuotedUKSteam engineering40.92.0
AG BarrQuotedUKSoft drinks39.72.0
OracleQuotedUSInfrastructure technology34.11.7
Polar CapitalQuotedUKFund manager33.71.7
Thermo Fisher ScientificQuotedUSBiotechnology development31.61.6
Becton DickinsonQuotedUSMedical technology31.61.6
Asia Alternatives fundsFundsAsiaFunds of funds31.31.6
British American TobaccoQuoted/IncomeUKTobacco31.21.5
Jardine MathesonQuotedSingaporeIndustrial engineering30.41.5
JF Lehman fundsFundsUSPrivate equity funds28.01.4
Philip MorrisQuoted/IncomeUSTobacco27.81.4
Axiom Asia fundsFundsAsiaFunds of funds27.71.4
PVAM Perlus Microcap fundFundsUSQuoted market fund26.21.3
Charter CommunicationsQuotedUSCable telecommunications25.71.3
Capital Today China Growth fundFundsChinaPrivate equity fund25.51.3
Overlook Partners fundFundsAsiaQuoted market fund24.31.2
Sports Information ServicesUnquotedUKBroadcasting services23.31.2
NestléQuotedSwitzerlandPackaged foods21.71.1
Hill & SmithQuotedUKInfrastructure products21.51.1
WatscoQuotedUSClimate control systems21.41.1
Other investments508.725.4
Total pool investments1,887.594.4
Non-pool investments28.31.4
Cash and other items84.04.2
Net assets1,999.8100.0

1. Geography is based on the country of listing, country of domicile for unlisted investments and underlying regional analysis for funds.

2. Choice Care Group was sold on 23 October 2018