Portfolio Holdings as at 31 August 2018

EP GLOBAL OPPORTUNITIES TRUST PLC
PORTFOLIO HOLDINGS AS AT 31 AUGUST 2018

Rank	Company	Sector	Country	% of Net Assets

1	Roche *	Health Care	Switzerland		3.9
2	Verizon	Telecommunications	United States		3.5
3	AstraZeneca	Health Care	United Kingdom		3.2
4	Tesco	Consumer Services	United Kingdom		3.2
5	ENI	Oil & Gas	Italy		2.9
6	Sumitomo Mitsui Financial	Financials	Japan		2.7
7	China Mobile	Telecommunications	China		2.6
8	Alps Electric	Industrials	Japan		2.6
9	Novartis	Health Care	Switzerland		2.6
10	Royal Dutch Shell A	Oil & Gas	Netherlands		2.5
11	Total	Oil & Gas	France		2.5
12	Mitsubishi	Industrials	Japan		2.5
13	Bangkok Bank **	Financials	Thailand		2.5
14	Apache	Oil & Gas	United States		2.5
15	Panasonic	Consumer Goods	Japan		2.5
16	ING	Financials	Netherlands		2.5
17	Sumitomo Mitsui Trust	Financials	Japan		2.4
18	Nokia	Technology	Finland		2.4
19	DNB	Financials	Norway		2.4
20	Swire Pacific A	Industrials	Hong Kong		2.4
21	Singapore Telecommunications	Telecommunications	Singapore		2.4
22	Ahold Delhaize	Consumer Services	Netherlands		2.3
23	Sanofi	Health Care	France		2.3
24	BP	Oil & Gas	United Kingdom		2.3
25	Synchrony Financial	Financials	United States		2.3
26	Edinburgh Partners Emerging Opportunities Fund	Financials	Other		2.2
27	Cirrus Logic	Technology	United States		2.2
28	East Japan Railway	Consumer Services	Japan		2.2
29	Commerzbank	Financials	Germany		2.2
30	Halliburton	Oil & Gas	United States		2.0
31	Celgene	Health Care	United States		2.0
32	Bank Mandiri	Financials	Indonesia		2.0
33	Japan Tobacco	Consumer Goods	Japan		1.9
34	Vodafone	Telecommunications	United Kingdom		1.9
35	Galaxy Entertainment	Consumer Services	Hong Kong		1.8
36	CK Hutchison	Industrials	Hong Kong		1.8
37	PostNL	Industrials	Netherlands		1.8
38	Shanghai Fosun Pharmaceutical H	Health Care	China		1.7
39	Nomura	Financials	Japan		1.7
40	Bayer	Health Care	Germany		1.6
41	Telefonica	Telecommunications	Spain		1.5
42	Goodbaby International	Consumer Goods	China		1.0

	Total equity investments			97.4
	Cash and other net assets			2.6

	Net assets			100.0

	* The investment is in non-voting shares **The investment is in non-voting depositary receipts

GEOGRAPHICAL DISTRIBUTION

31 August 2018	% of Net Assets
Europe	33.4
Japan	18.5
Asia Pacific	18.2
United States	14.5
United Kingdom	10.6
Other	2.2
Cash and other net assets	2.6
	100.0

SECTOR DISTRIBUTION

31 August 2018	% of Net Assets
Financials	22.9
Health Care	17.3
Oil & Gas	14.7
Telecommunications	11.9
Industrials	11.1
Consumer Services	9.5
Consumer Goods	5.4
Technology	4.6
Cash and other net assets	2.6
	100.0