Portfolio

Asset class
Equities
88.7%
Cash
11.3%
Less borrowings
-
Source: Martin Currie Investment Management Ltd. As at 31 July 2010



Equity allocation
United Kingdom
51.8%
North America
18.6%
Private Equity
11.1%
Developed Europe ex UK
8.7%
Pacific ex Japan
7.6%
Japan
2.2%
Source: Martin Currie Investment Management Ltd. As at 31 July 2010



Manager's commentary

To read Tom Walker's commentary, view the trust's monthly update.


Top ten holdings
F&C Private Equity
9.6%
HSBC
7.8%
BP
5.8%
GlaxoSmithKline
5.1%
British American Tobacco 
3.7%
Rio Tinto
3.2%
BHP Billiton
3.0%
Xstrata
3.0%
BG Group
2.7%
Tesco
2.5%
Number of countries
14
Number of holdings
52
Source: Martin Currie Investment Management Ltd. As at 31 July 2010