Portfolio Holdings as at 30 September 2019

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 SEPTEMBER 2019

Rank	Company	Sector	Country	% of Net Assets

1	Roche *	Health Care	Switzerland		3.6
2	Vodafone	Communication Services	United Kingdom		3.3
3	Novartis	Health Care	Switzerland		3.1
4	AstraZeneca	Health Care	United Kingdom		3.0
5	Verizon	Communication Services	United States		3.0
6	Sanofi	Health Care	France		2.9
7	Orange	Communication Services	France		2.7
8	Tesco	Consumer Staples	United Kingdom		2.7
9	Royal Dutch Shell A	Energy	Netherlands		2.6
10	East Japan Railway	Industrials	Japan		2.6
11	Singapore Telecommunications	Communication Services	Singapore		2.6
12	Sony	Consumer Discretionary	Japan		2.5
13	Sumitomo Mitsui Trust	Financials	Japan		2.5
14	Sumitomo Mitsui Financial	Financials	Japan		2.5
15	Total	Energy	France		2.4
16	Edinburgh Partners Emerging Opportunities Fund	Financials	Other		2.4
17	BP	Energy	United Kingdom		2.4
18	Galaxy Entertainment	Consumer Discretionary	Hong Kong		2.4
19	ING	Financials	Netherlands		2.3
20	ENI	Energy	Italy		2.3
21	China Mobile	Communication Services	China		2.3
22	Nokia	Information Technology	Finland		2.3
23	Swire Pacific A	Real Estate	Hong Kong		2.3
24	BNP Paribas	Financials	France		2.2
25	Bangkok Bank **	Financials	Thailand		2.2
26	Apache	Energy	United States		2.1
27	Comsys	Industrials	Japan		2.0
28	Astellas Pharma	Health Care	Japan		2.0
29	Commerzbank	Financials	Germany		2.0
30	Bayer	Health Care	Germany		1.9
31	Telefonica	Communication Services	Spain		1.9
32	Samsung SDI	Information Technology	South Korea		1.9
33	Panasonic	Consumer Discretionary	Japan		1.9
34	Fresenius Medical Care	Health Care	Germany		1.9
35	BBVA	Financials	Spain		1.9
36	Japan Tobacco	Consumer Staples	Japan		1.8
37	Shanghai Fosun Pharmaceutical H	Health Care	China		1.7
38	CK Hutchison	Industrials	Hong Kong		1.6
39	Kirin	Consumer Staples	Japan		0.7
40	Rohm	Information Technology	Japan		0.5

	Total equity investments			90.9
	Cash and other net assets			9.1

	Net assets			100.0


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

GEOGRAPHICAL DISTRIBUTION

30 September 2019	% of Net Assets

Europe	36.1
Japan	19.0
Asia Pacific	16.9
United Kingdom	11.4
United States	5.2
Other	2.4
Cash and other net assets	9.1
	100.0

SECTOR DISTRIBUTION

30 September 2019	% of Net Assets
Health Care	20.1
Financials	18.0
Communication Services	15.9
Energy	11.9
Consumer Discretionary	6.8
Industrials	6.2
Consumer Staples	5.2
Information Technology	4.7
Real Estate	2.3
Cash and other net assets	9.1
	100.0