Portfolio Holdings as at 31 March 2017

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 MARCH 2017

Rank	Company	Sector	Country	% of  Net Assets
1	Royal Dutch Shell A	Oil & Gas	Netherlands	3.8
2	Panasonic	Consumer Goods	Japan	3.4
3	Novartis	Health Care	Switzerland	3.3
4	AstraZeneca	Health Care	United Kingdom	3.0
5	Galaxy Entertainment	Consumer Services	Hong Kong	2.9
6	Bank Mandiri	Financials	Indonesia	2.8
7	Roche *	Health Care	Switzerland	2.7
8	Ubisoft Entertainment	Consumer Goods	France	2.7
9	BNP Paribas	Financials	France	2.6
10	PostNL	Industrials	Netherlands	2.6
11	Sumitomo Mitsui Trust	Financials	Japan	2.6
12	BP	Oil & Gas	United Kingdom	2.6
13	Sanofi	Health Care	France	2.5
14	Sumitomo Mitsui Financial	Financials	Japan	2.5
15	Commerzbank	Financials	Germany	2.5
16	HSBC	Financials	United Kingdom	2.5
17	Bangkok Bank **	Financials	Thailand	2.4
18	Japan Tobacco	Consumer Goods	Japan	2.4
19	PerkinElmer	Industrials	United States	2.4
20	Nomura	Financials	Japan	2.4
21	Celgene	Health Care	United States	2.3
22	Mitsubishi	Industrials	Japan	2.3
23	Takashimaya	Consumer Services	Japan	2.2
24	Edinburgh Partners Emerging Opportunities Fund	Financials	Other	2.2
25	Synchrony Financial	Financials	United States	2.2
26	Apache	Oil & Gas	United States	2.2
27	East Japan Railway	Consumer Services	Japan	2.1
28	Telefonica	Telecommunications	Spain	2.1
29	Alphabet A&C ***	Technology	United States	2.1
30	Bayer	Basic Materials	Germany	2.1
31	Baidu Inc	Technology	China	2.0
32	Credicorp	Financials	Peru	2.0
33	Nokia	Technology	Finland	2.0
34	Total	Oil & Gas	France	2.0
35	CK Hutchison	Industrials	Hong Kong	2.0
36	Swire Pacific A	Industrials	Hong Kong	1.9
37	Tesco	Consumer Services	United Kingdom	1.9
38	SK Hynix	Technology	South Korea	1.9
39	Whirlpool	Consumer Goods	United States	1.7
40	Edinburgh Partners	Financials - unlisted	United Kingdom	0.7
	Total equity investments			94.5
	Cash and other net assets			5.5
	Net assets			100.0
	* The investment is in non-voting shares
	** The investment is in non-voting depositary receipts
	*** The investment has restricted voting rights

GEOGRAPHICAL DISTRIBUTION

31 March 2017	% of Net Assets
Europe	30.9
Japan	19.9
Asia Pacific	15.9
United States	12.9
United Kingdom	10.7
Other	2.2
Latin America	2.0
Cash and other net assets	5.5
	100.0

SECTOR DISTRIBUTION 

31 March 2017	% of Net Assets
Financials	27.4
Health Care	13.8
Industrials	11.2
Oil & Gas	10.6
Consumer Goods	10.2
Consumer Services	9.1
Technology	8.0
Telecommunications	2.1
Basic Materials	2.1
Cash and other net assets	5.5
	100.0

As at 31 March 2017, the net assets of the Company were £147,618,000.

18 April 2017

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

27-31 Melville Street
Edinburgh
EH3 7JF