PORTFOLIO HOLDINGS AS AT 31 DECEMBER 2016

Rank

Company

Sector

Country

% of Net Assets

1

PostNL

Industrials

Netherlands

4.6

2

Royal Dutch Shell A

Oil & Gas

Netherlands

4.0

3

Total

Oil & Gas

France

3.7

4

BNP Paribas

Financials

France

3.5

5

Novartis

Health Care

Switzerland

3.5

6

ENI

Oil & Gas

Italy

3.5

7

Petroleum Geo-Services

Oil & Gas

Norway

3.4

8

Sanofi

Health Care

France

3.3

9

Bayer

Basic Materials

Germany

3.2

10

Roche*

Health Care

Switzerland

3.2

11

Stora Enso

Basic Materials

Finland

3.1

12

Adecco

Industrials

Switzerland

3.1

13

DNB

Financials

Norway

3.0

14

Telefonica

Telecommunications

Spain

3.0

15

BBVA

Financials

Spain

2.9

16

Ubisoft Entertainment

Consumer Goods

France

2.9

17

Ryanair

Consumer Services

Ireland

2.8

18

ING

Financials

Netherlands

2.7

19

Airbus

Industrials

France

2.6

20

Michelin

Consumer Goods

France

2.6

21

Nokia

Technology

Finland

2.6

22

Delta Lloyd

Financials

Netherlands

2.5

23

Telecom Italia

Telecommunications

Italy

2.5

24

Leoni

Industrials

Germany

2.5

25

DIA

Consumer Services

Spain

2.4

26

Siemens

Industrials

Germany

2.4

27

Rocket Internet

Financials

Germany

2.3

28

BB Biotech

Health Care

Switzerland

2.3

29

Commerzbank

Financials

Germany

2.3

30

E.ON

Utilities

Germany

2.3

31

Outotec

Industrials

Finland

2.2

32

SKF

Industrials

Sweden

2.1

33

Danske Bank

Financials

Denmark

2.1

34

Gemalto

Technology

Netherlands

2.0

35

Ipsos

Consumer Services

France

1.9

36

TDC

Telecommunications

Denmark

1.8

37

Piaggio

Consumer Goods

Italy

1.4

Total equity investments

102.2

Cash and other net liabilities

(2.2)

Net assets

100.0

* The investment is in non-voting shares

31 December 2016

% of Net Assets

France

20.5

Netherlands

15.8

Germany

15.0

Switzerland

12.1

Spain

8.3

Finland

7.9

Italy

7.4

Norway

6.4

Denmark

3.9

Ireland

2.8

Sweden

2.1

Cash and other net liabilities

(2.2)

100.0

SECTOR DISTRIBUTION

31 December 2016

% of Net Assets

Financials

21.3

Industrials

19.5

Oil & Gas

14.6

Health Care

12.3

Telecommunications

7.3

Consumer Services

7.1

Consumer Goods

6.9

Basic Materials

6.3

Technology

4.6

Utilities

2.3

Cash and other net liabilities

(2.2)

100.0

As at 31 December 2016, the net assets of the Company were £389,277,000.

16 January 2017

ENQUIRIES:

Kenneth Greig

Edinburgh Partners AIFM Limited Tel: 0131 270 3800

The Company's registered office address is: Beaufort House

51 New North Road Exeter

EX4 4EP

The European Investment Trust plc published this content on 16 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2017 10:50:05 UTC.

Original documenthttps://www.edinburghpartners.com/wp-content/uploads/2015/09/EUT-Monthly-Portfolio-Update-as-at-31-December-2016-announced-16-01-17.pdf

Public permalinkhttp://www.publicnow.com/view/135C1CC360F8FF22F28C74D4A6DF20ABC45A306A