The Fund’s ten largest investments in its portfolio as at 30 June 2019 comprised holdings in the following:
| In alphabetical order: | |
|---|---|
| Airbus SE | Johnson & Johnson |
| Alphabet Inc | Microsoft Corp |
| Aon PLC | Novartis AG |
| Apple Inc | RELX PLC |
| AstraZeneca PLC | Unilever NV |