Portfolio Update

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 NOVEMBER 2020

Rank	Company	Sector	Country	% of Net Assets

	Equity investments
1	Samsung Electronics	Information Technology	South Korea		3.6
2	Taiwan Semiconductor ADR	Information Technology	Taiwan		3.5
3	Tesco	Consumer Staples	United Kingdom		3.0
4	Vodafone	Communication Services	United Kingdom		2.9
5	Antofagasta	Materials	United Kingdom		2.7
6	Murata Manufacturing	Information Technology	Japan		2.7
7	Edinburgh Partners Emerging Opportunities Fund	Financials	Other		2.7
8	Panasonic	Consumer Discretionary	Japan		2.6
9	Novartis	Health Care	Switzerland		2.4
10	Verizon Communications	Communication Services	United States		2.4
11	Orange	Communication Services	France		2.3
12	ING	Financials	Netherlands		2.3
13	Sanofi	Health Care	France		2.3
14	Commerzbank	Financials	Germany		2.3
15	Shanghai Fosun Pharmaceutical H	Health Care	China		2.3
16	AstraZeneca	Health Care	United Kingdom		2.3
17	Sony	Consumer Discretionary	Japan		2.3
18	Daiwa House Industry	Real Estate	Japan		2.2
19	Nokia	Information Technology	Finland		2.2
20	Singapore Telecommunications	Communication Services	Singapore		2.2
21	Astellas Pharma	Health Care	Japan		2.2
22	Sumitomo Mitsui Trust	Financials	Japan		2.2
23	Roche *	Health Care	Switzerland		2.1
24	Total	Energy	France		2.1
25	Samsung SDI	Information Technology	South Korea		2.1
26	Japan Tobacco	Consumer Staples	Japan		2.1
27	BMW	Consumer Discretionary	Germany		2.0
28	Credicorp	Financials	Peru		1.9
29	Fresenius Medical Care	Health Care	Germany		1.9
30	Unilever	Consumer Staples	United Kingdom		1.8
31	China Mobile	Communication Services	China		1.8
32	ENI	Energy	Italy		1.6
33	Comsys	Industrials	Japan		1.0
34	Raito Kogyo	Industrials	Japan		0.7
35	TBS	Communication Services	Japan		0.7
36	Ship Healthcare	Health Care	Japan		0.7
37	Totetsu Kogyo	Industrials	Japan		0.7
38	Kyowa Exeo	Industrials	Japan		0.7
39	Mirait	Industrials	Japan		0.7
40	Meitec	Industrials	Japan		0.6
	Total equity investments			80.8

	Fixed income investments
1	US Treasury Inflation Protected Security 0.125% 15 July 2030			4.6
2	US Treasury Inflation Protected Security 0.25% 15 February 2050			4.6
	Total fixed income investments			9.2

	Cash and other net assets			10.0
	Net assets			100.0

GEOGRAPHICAL DISTRIBUTION

30 November 2020	% of Net Assets

Europe ex UK	23.6
Japan	21.9
Asia Pacific ex Japan	15.4
United Kingdom	12.8
Americas	4.3
Other	2.7
Fixed Income	9.3
Cash and other net assets	10.0
	100.0

SECTOR DISTRIBUTION

30 November 2020	% of Net Assets

Health Care	16.2
Information Technology	14.1
Communication Services	12.3
Financials	11.4
Consumer Discretionary	6.9
Consumer Staples	6.9
Industrials	4.3
Energy	3.7
Materials	2.7
Real Estate	2.2
Fixed Income	9.3
Cash and other net assets	10.0
	100.0