Portfolio Holdings as at 31 December 2016

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 DECEMBER 2016

Rank	Company	Sector	Country	% of  Net Assets
1	Royal Dutch Shell A	Oil & Gas	Netherlands	4.2
2	Novartis	Health Care	Switzerland	3.4
3	Panasonic	Consumer Goods	Japan	3.2
4	Nomura	Financials	Japan	3.1
5	Galaxy Entertainment	Consumer Services	Hong Kong	3.0
6	BP	Oil & Gas	United Kingdom	2.9
7	PostNL	Industrials	Netherlands	2.9
8	Bank Mandiri	Financials	Indonesia	2.9
9	AstraZeneca	Health Care	United Kingdom	2.8
10	Sumitomo Mitsui Trust	Financials	Japan	2.8
11	Sumitomo Mitsui Financial	Financials	Japan	2.8
12	Apache	Oil & Gas	United States	2.8
13	Mitsubishi	Industrials	Japan	2.7
14	BNP Paribas	Financials	France	2.6
15	HSBC	Financials	United Kingdom	2.5
16	Roche*	Health Care	Switzerland	2.5
17	Japan Tobacco	Consumer Goods	Japan	2.5
18	Commerzbank	Financials	Germany	2.5
19	NTT	Telecommunications	Japan	2.4
20	Synchrony Financial	Financials	United States	2.4
21	Sanofi	Health Care	France	2.4
22	Ubisoft Entertainment	Consumer Goods	France	2.4
23	Harman	Consumer Goods	United States	2.3
24	PerkinElmer	Industrials	United States	2.2
25	East Japan Railway	Consumer Services	Japan	2.2
26	Celegene	Health Care	United States	2.2
27	Takashimaya	Consumer Services	Japan	2.2
28	Tesco	Consumer Services	United Kingdom	2.1
29	Bangkok Bank**	Financials	Thailand	2.1
30	Alphabet A&C***	Technology	United States	2.1
31	Edinburgh Partners Emerging Opportunities Fund	Financials	Other	2.1
32	Bayer	Basic Materials	Germany	1.9
33	SK Hynix	Technology	South Korea	1.9
34	Toyota	Consumer Goods	Japan	1.9
35	CK Hutchison	Industrials	Hong Kong	1.9
36	Whirlpool	Consumer Goods	United States	1.9
37	Swire Pacific A	Industrials	Hong Kong	1.9
38	Nokia	Technology	Finland	1.9
39	Telefonica	Telecommunications	Spain	1.8
40	Edinburgh Partners	Financials - unlisted	United Kingdom	0.7
	Total equity investments			97.0
	Cash and other net assets			3.0
	Net assets			100.0
	* The investment is in non-voting shares
	** The investment is in non-voting depositary receipts
	*** The investment has restricted voting rights

GEOGRAPHICAL DISTRIBUTION

31 December 2016	% of Net Assets
Europe	28.5
Japan	25.8
United States	15.9
Asia Pacific	13.7
United Kingdom	11.0
Other	2.1
Cash and other net assets	3.0
	100.0

SECTOR DISTRIBUTION 

31 December 2016	% of Net Assets
Financials	26.5
Consumer Goods	14.2
Health Care	13.3
Industrials	11.6
Oil & Gas	9.9
Consumer Services	9.5
Technology	5.9
Telecommunications	4.2
Basic Materials	1.9
Cash and other net assets	3.0
	100.0

As at 31 December 2016, the net assets of the Company were £143,759,000.

16 January 2017

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

27-31 Melville Street
Edinburgh
EH3 7JF