The Fund’s ten largest investments in its portfolio as at 31 December 2020 comprised holdings in the following:
| In alphabetical order: | |
|---|---|
| Alphabet Inc | Microsoft Corp |
| Aon PLC | Mowi ASA |
| Apple Inc | Novartis AG |
| Coca-Cola Co | Orsted A/S |
| Merck & Co Inc | Unilever NV |