The European Investment Trust Plc - Portfolio Holdings as at 31 December 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 DECEMBER 2017

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands		4.3
2	Royal Dutch Shell *	Oil & Gas	Netherlands		3.4
3	Novartis	Health Care	Switzerland		3.4
4	Bayer	Health Care	Germany		3.2
5	Leoni	Industrials	Germany		3.1
6	BBVA	Financials	Spain		3.1
7	Total	Oil & Gas	France		3.0
8	ENI	Oil & Gas	Italy		3.0
9	Commerzbank	Financials	Germany		3.0
10	Roche **	Health Care	Switzerland		2.9
11	Sanofi	Health Care	France		2.9
12	BB Biotech	Health Care	Switzerland		2.9
13	ING	Financials	Netherlands		2.8
14	BNP Paribas	Financials	France		2.8
15	Telefonica	Telecommunications	Spain		2.7
16	Nordea Bank	Financials	Sweden		2.7
17	Deutsche Post	Industrials	Germany		2.5
18	TDC	Telecommunications	Denmark		2.5
19	Ontex	Consumer Goods	Belgium		2.4
20	Ahold Delhaize	Consumer Services	Netherlands		2.4
21	Michelin	Consumer Goods	France		2.4
22	Outotec	Industrials	Finland		2.4
23	Rocket Internet	Financials	Germany		2.3
24	E.ON	Utilities	Germany		2.3
25	DNB	Financials	Norway		2.3
26	Ipsos	Consumer Services	France		2.3
27	Nokia	Technology	Finland		2.3
28	Telecom Italia	Telecommunications	Italy		2.3
29	Ryanair	Consumer Services	Ireland		2.2
30	Adecco	Industrials	Switzerland		2.2
31	Danske Bank	Financials	Denmark		2.2
32	Airbus	Industrials	France		2.2
33	Ubisoft Entertainment	Consumer Goods	France		2.1
34	DIA	Consumer Services	Spain		2.1
35	Mediobanca	Financials	Italy		2.1
36	Cyfrowy Polsat	Consumer Services	Poland		2.1
37	Petroleum Geo-Services	Oil & Gas	Norway		2.0
38	Siemens	Industrials	Germany		1.7
39	Gemalto	Technology	Netherlands		0.2
	Total equity investments			98.7
	Cash and other net assets			1.3
	Net assets			100.0
	* The investment is in A shares ** The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

31 December  2017	% of Net Assets
Germany	18.1
France	17.7
Netherlands	13.1
Switzerland	11.4
Spain	7.9
Italy	7.4
Finland	4.7
Denmark	4.7
Norway	4.3
Sweden	2.7
Belgium	2.4
Ireland	2.2
Poland	2.1
Cash and other net assets	1.3
	100.0

SECTOR DISTRIBUTION

31 December  2017	% of Net Assets
Financials	23.3
Industrials	18.4
Health Care	15.3
Oil & Gas	11.4
Consumer Services	11.1
Telecommunications	7.5
Consumer Goods	6.9
Technology	2.5
Utilities	2.3
Cash and other net assets	1.3
	100.0

As at 31 December 2017, the net assets of the Company were £435,743,000.

16 January 2018

LEI: 213800QNN9EHZ4SC1R12

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

Beaufort House
51 New North Road
Exeter
EX4 4EP

Copyright y 15 PR Newswire