Portfolio Holdings as at 28 February 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 28 FEBRUARY 2017

Rank	Company	Sector	Country	% of  Net Assets
1	PostNL	Industrials	Netherlands	4.7
2	Novartis	Health Care	Switzerland	3.8
3	Sanofi	Health Care	France	3.5
4	Bayer	Basic Materials	Germany	3.4
5	Roche*	Health Care	Switzerland	3.4
6	Total	Oil & Gas	France	3.4
7	Telefonica	Telecommunications	Spain	3.3
8	Royal Dutch Shell A	Oil & Gas	Netherlands	3.3
9	BNP Paribas	Financials	France	3.3
10	ENI	Oil & Gas	Italy	3.1
11	Ubisoft Entertainment	Consumer Goods	France	3.0
12	Airbus	Industrials	France	2.9
13	DNB	Financials	Norway	2.9
14	BBVA	Financials	Spain	2.8
15	Ryanair	Consumer Services	Ireland	2.8
16	Petroleum Geo-Services	Oil & Gas	Norway	2.8
17	DIA	Consumer Services	Spain	2.8
18	Nokia	Technology	Finland	2.7
19	ING	Financials	Netherlands	2.6
20	Siemens	Industrials	Germany	2.6
21	Adecco	Industrials	Switzerland	2.6
22	Delta Lloyd	Financials	Netherlands	2.5
23	Leoni	Industrials	Germany	2.5
24	E.ON	Utilities	Germany	2.5
25	BB Biotech	Health Care	Switzerland	2.5
26	Stora Enso	Basic Materials	Finland	2.4
27	Outotec	Industrials	Finland	2.4
28	Danske Bank	Financials	Denmark	2.3
29	Michelin	Consumer Goods	France	2.3
30	Telecom Italia	Telecommunications	Italy	2.3
31	Commerzbank	Financials	Germany	2.3
32	Rocket Internet	Financials	Germany	2.1
33	Gemalto	Technology	Netherlands	2.1
34	Ahold Delhaize	Consumer Services	Netherlands	2.0
35	SKF	Industrials	Sweden	2.0
36	Ipsos	Consumer Services	France	1.9
37	TDC	Telecommunications	Denmark	1.8
38	Piaggio	Consumer Goods	Italy	1.3
	Total equity investments			102.9
	Cash and other net liabilities			(2.9)
	Net assets			100.0
	* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

28 February 2017	% of Net Assets
France	20.3
Netherlands	17.2
Germany	15.4
Switzerland	12.3
Spain	8.9
Finland	7.5
Italy	6.7
Norway	5.7
Denmark	4.1
Ireland	2.8
Sweden	2.0
Cash and other net liabilities	(2.9)
	100.0

SECTOR DISTRIBUTION

28 February 2017	% of Net Assets
Financials	20.8
Industrials	19.7
Health Care	13.2
Oil & Gas	12.6
Consumer Services	9.5
Telecommunications	7.4
Consumer Goods	6.6
Basic Materials	5.8
Technology	4.8
Utilities	2.5
Cash and other net liabilities	(2.9)
	100.0

As at 28 February 2017, the net assets of the Company were £387,145,000.

15 March 2017
 

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

Beaufort House
51 New North Road
Exeter
EX4 4EP