Portfolio Holdings as at 31 March 2020

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 MARCH 2020

Rank	Company	Sector		Country	% of  Net Assets
1	Tesco	Consumer Staples		United Kingdom		3.6
2	Sanofi	Health Care		France		3.3
3	Verizon Communications	Communication Services		United States		3.2
4	Sony	Consumer Discretionary		Japan		3.1
5	Roche *	Health Care		Switzerland		2.9
6	Vodafone	Communication Services		United Kingdom		2.8
7	AstraZeneca	Health Care		United Kingdom		2.8
8	Samsung SDI	Information Technology		South Korea		2.8
9	Astellas Pharma	Health Care		Japan		2.7
10	Novartis	Health Care		Switzerland		2.6
11	Orange	Communication Services		France		2.5
12	China Mobile	Communication Services		China		2.5
13	East Japan Railway	Industrials		Japan		2.5
14	Singapore Telecommunications	Communication Services		Singapore		2.5
15	Shanghai Fosun Pharmaceutical H	Health Care		China		2.5
16	Sumitomo Mitsui Trust	Financials		Japan		2.4
17	Fresenius Medical Care	Health Care		Germany		2.3
18	Edinburgh Partners Emerging Opportunities Fund	Financials		Other		2.3
19	Comsys	Industrials		Japan		2.2
20	Total	Energy		France		2.2
21	Panasonic	Consumer Discretionary		Japan		2.2
22	Japan Tobacco	Consumer Staples		Japan		2.1
23	Nokia	Information Technology		Finland		1.9
24	Bayer	Health Care		Germany		1.9
25	BP	Energy		United Kingdom		1.9
26	Swire Pacific A	Real Estate		Hong Kong		1.9
27	ENI	Energy		Italy		1.9
28	Telefonica	Communication Services		Spain		1.7
29	Commerzbank	Financials		Germany		1.5
30	CK Hutchison	Industrials		Hong Kong		1.4
31	BNP Paribas	Financials		France		1.4
32	ING	Financials		Netherlands		1.4
33	BBVA	Financials		Spain		1.4
34	Royal Dutch Shell A	Energy		Netherlands		1.1
35	Antofagasta	Materials		United Kingdom		0.8
36	Daiwa House Industry	Real Estate		Japan		0.5
37	Tokyo Broadcasting System	Communication Services		Japan		0.4
	Total equity investments				79.1
	Cash and other net assets				20.9
	Net assets				100.0
	* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

31 March 2020	% of Net Assets
Europe ex UK	30.2
Japan	18.0
Asia Pacific ex Japan	13.5
UK	12.0
Americas	3.2
Other	2.3
Cash and other net assets	20.9
	100.0

SECTOR DISTRIBUTION 

31 March 2020	% of Net Assets
Health Care	21.1
Communication Services	15.7
Financials	10.4
Energy	7.0
Industrials	6.1
Consumer Staples	5.7
Consumer Discretionary	5.2
Information Technology	4.7
Real Estate	2.3
Materials	0.8
Cash and other net assets	20.9
	100.0

Totals may not add due to rounding

As at 31 March 2020, the net assets of the Company were £111,746,000.

17 April 2020

Legal Entity Identifier: 2138005T5CT5ITZ7ZX58

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:
27-31 Melville Street
Edinburgh
EH3 7JF