Portfolio Update

Premier Energy and Water Trust PLC announce that at close of business on 31 August 2017 its twenty largest investments were as follows:           

Company	% of total net assets
Beijing Enterprises Holdings	5.9%
SSE PLC	5.5%
China Everbright Intl.	5.1%
Cia de Saneamento do Para	5.0%
Huaneng Renewables	4.9%
Avangrid	4.8%
First Trust MLP and Energy Income Fund	4.7%
Edison International	4.2%
OPG Power Ventures	4.0%
Pennon Group	3.8%
Saeta Yield	2.9%
Cia Paranaense Energia ADR	2.7%
Enbridge	2.6%
Keppel Infrastructure Trust	2.6%
Transgaz	2.6%
Iberdrola	2.4%
Qatar Electricity & Water Co.	2.4%
Nextera Energy	2.4%
NRG Yield A & C Ords	2.1%
Mytrah Energy	2.0%

At close of business on 31 August 2017 the total net assets of Premier Energy and Water Trust PLC amounted to £58.3 million. The sector breakdown and geographical allocation were as follows:

Sector Breakdown	% of total net assets
Electricity	27.0%
Multi Utilities	23.0%
Renewable Energy	17.2%
Water & Waste	15.7%
Gas	12.5%
Toll roads	1.7%
Telecoms infrastructure	0.7%
Cash/Net Current Assets	2.2%
	100.0%

Geographical Allocation	% of total net assets
North America	24.5%
China	17.8%
Latin America	11.8%
United Kingdom	9.9%
Global	7.9%
India	5.9%
Europe (excluding UK)	7.4%
Eastern Europe	4.2%
Asia (excluding China)	6.0%
Middle East	2.4%
Cash/Net Current Assets	2.2%
	100.0%