Portfolio Holding as at 31 December 2020

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 DECEMBER 2020

Rank	Company	Sector	Country	% of Net Assets

	Equity investments
1	Samsung Electronics	Information Technology	South Korea		3.3
2	Taiwan Semiconductor ADR	Information Technology	Taiwan		3.1
3	Tesco	Consumer Staples	United Kingdom		3.1
4	Orange	Communication Services	France		2.9
5	Vodafone	Communication Services	United Kingdom		2.8
6	Murata Manufacturing	Information Technology	Japan		2.7
7	Unilever	Consumer Staples	United Kingdom		2.6
8	Antofagasta	Materials	United Kingdom		2.5
9	Panasonic	Consumer Discretionary	Japan		2.5
10	Shanghai Fosun Pharmaceutical H	Health Care	China		2.5
11	Samsung SDI	Information Technology	South Korea		2.4
12	Novartis	Health Care	Switzerland		2.4
13	Sony	Consumer Discretionary	Japan		2.4
14	Commerzbank	Financials	Germany		2.3
15	Astellas Pharma	Health Care	Japan		2.3
16	Verizon Communications	Communication Services	United States		2.2
17	Sumitomo Mitsui Trust	Financials	Japan		2.2
18	Roche *	Health Care	Switzerland		2.2
19	ING	Financials	Netherlands		2.1
20	Sanofi	Health Care	France		2.1
21	AstraZeneca	Health Care	United Kingdom		2.1
22	Daiwa House Industry	Real Estate	Japan		2.1
23	Singapore Telecommunications	Communication Services	Singapore		2.1
24	Total	Energy	France		2.1
25	Nokia	Information Technology	Finland		2.0
26	Japan Tobacco	Consumer Staples	Japan		2.0
27	Credicorp	Financials	Peru		2.0
28	BMW	Consumer Discretionary	Germany		1.9
29	Fresenius Medical Care	Health Care	Germany		1.8
30	China Mobile	Communication Services	China		1.6
31	ENI	Energy	Italy		1.6
32	Comsys	Industrials	Japan		1.0
33	Raito Kogyo	Industrials	Japan		0.8
34	Ship Healthcare	Health Care	Japan		0.8
35	Mirait	Industrials	Japan		0.7
36	Kyowa Exeo	Industrials	Japan		0.7
37	TBS	Communication Services	Japan		0.7
38	Totetsu Kogyo	Industrials	Japan		0.7
39	Meitec	Industrials	Japan		0.7
	Total equity investments			78.0

	Fixed income investments
1	US Treasury Inflation Protected Security 0.125% 15 July 2030			4.5
2	US Treasury Inflation Protected Security 0.25% 15 February 2050			4.5
	Total fixed income investments			9.0

	Cash and other net assets			13.0
	Net assets			100.0

* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

31 December 2020	% of Net Assets

Europe ex UK	23.5
Japan	22.1
Asia Pacific ex Japan	15.0
United Kingdom	13.1
Americas	4.2
Fixed Income	9.1
Cash and other net assets	13.0
	100.0

SECTOR DISTRIBUTION

31 December 2020	% of Net Assets

Health Care	16.2
Information Technology	13.6
Communication Services	12.3
Financials	8.6
Consumer Staples	7.6
Consumer Discretionary	6.8
Industrials	4.5
Energy	3.7
Materials	2.5
Real Estate	2.1
Fixed Income	9.1
Cash and other net assets	13.0
	100.0