Portfolio Update as at 30 April 2020

EP GLOBAL OPPORTUNITIES TRUST PLC
PORTFOLIO HOLDINGS AS AT 30 APRIL 2020

Rank	Company	Sector	Country	% of Net Assets

1	Tesco	Consumer Staples	United Kingdom		3.6
2	Sanofi	Health Care	France		3.5
3	Verizon Communications	Communication Services	United States		3.3
4	Sony	Consumer Discretionary	Japan		3.2
5	Samsung SDI	Information Technology	South Korea		3.2
6	AstraZeneca	Health Care	United Kingdom		3.1
7	Roche *	Health Care	Switzerland		3.0
8	Astellas Pharma	Health Care	Japan		2.7
9	Shanghai Fosun Pharmaceutical H	Health Care	China		2.7
10	Vodafone	Communication Services	United Kingdom		2.7
11	Fresenius Medical Care	Health Care	Germany		2.6
12	Singapore Telecommunications	Communication Services	Singapore		2.6
13	Novartis	Health Care	Switzerland		2.6
14	China Mobile	Communication Services	China		2.6
15	Orange	Communication Services	France		2.4
16	Sumitomo Mitsui Trust	Financials	Japan		2.3
17	Comsys	Industrials	Japan		2.3
18	Edinburgh Partners Emerging Opportunities Fund	Financials	Other		2.3
19	East Japan Railway	Industrials	Japan		2.3
20	Nokia	Information Technology	Finland		2.1
21	ING	Financials	Netherlands		2.1
22	Bayer	Health Care	Germany		2.1
23	Panasonic	Consumer Discretionary	Japan		2.1
24	Japan Tobacco	Consumer Staples	Japan		2.1
25	Samsung Electronics	Information Technology	South Korea		2.0
26	Total	Energy	France		1.9
27	Swire Pacific A	Real Estate	Hong Kong		1.8
28	BP	Energy	United Kingdom		1.7
29	ENI	Energy	Italy		1.7
30	Telefonica	Communication Services	Spain		1.7
31	Antofagasta	Materials	United Kingdom		1.5
32	CK Hutchison	Industrials	Hong Kong		1.5
33	Commerzbank	Financials	Germany		1.5
34	BBVA	Financials	Spain		1.3
35	Royal Dutch Shell A	Energy	Netherlands		0.5
36	Daiwa House Industry	Real Estate	Japan		0.4
37	Tokyo Broadcasting System	Communication Services	Japan		0.4

	Total equity investments			81.4
	Cash and other net assets			18.6

	Net assets			100.0


	* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

30 April 2020	% of Net Assets

Europe ex UK	29.0
Japan	17.9
Asia Pacific ex Japan	16.4
United Kingdom	12.6
Americas	3.3
Other	2.3
Cash and other net assets	18.6
	100.0

SECTOR DISTRIBUTION

30 April 2020	% of Net Assets
Health Care	22.3
Communication Services	15.7
Financials	9.6
Information Technology	7.3
Industrials	6.1
Energy	5.8
Consumer Staples	5.6
Consumer Discretionary	5.3
Real Estate	2.3
Materials	1.5
Cash and other net assets	18.6
	100.0