For individual investors in the UK

HEFT Henderson European Focus Trust plc

A focused investment trust of between 35 and 45 companies from Europe with an emphasis on maximising total returns

ISIN
GB00BLSNGB01

Share price
158.00p
As of 26/09/2023

Estimated NAV
176.45p
As of 26/09/2023

Discount / Premium
-10.45%
As of 26/09/2023

Yield
2.75%
As of 26/09/2023

Overview

INVESTMENT OBJECTIVE

The Company seeks to maximise total return (a combination of income and capital growth) from a portfolio of stocks listed in Europe.

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Potential investors must read the latest annual report and where relevant, the key investor information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS COMPANY

  • Prioritises value when allocating funds and is uninhibited by index weightings
  • The team looks for inflexion points whereby a company or sector is set for a period of growth
  • The portfolio can hold companies of any size but has a strong bias towards large cap
  • View Henderson European Focus Trust ESG approach here
Past performance does not predict future returns. 
 

RATINGS AND AWARDS

Henderson European Focus Trust plc has been awarded the Kepler Growth Rating for 2023.
Find out more about the methodology behind the award here.

Source: Morningstar, Kepler calculations, 01/01/2022 - 31/12/2022
Past performance does not predict future returns.

This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. Performance records are detailed on the specific KID, fees and charges may vary and further information can be found in the company’s prospectus and KID which must be reviewed before investing.

LATEST INSIGHTS

Knowledge Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.

ANNOUNCEMENTS

View the latest announcements for this Company:

London Stock Exchange

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

Tom O'Hara

Portfolio Manager

Industry since 2006. Joined Firm in 2018.

John Bennett

Director of European Equities | Portfolio Manager

Industry since 1987. Joined Firm in 2011.

Performance

Past performance does not predict future returns.
Discrete Performance (%)
As of 30/06/2023
Net Asset Value Price
 
Quarter End
As of 30/06/2023
2022/2023 2021/2022 2020/2021 2019/2020 2018/2019
Net Asset Value 20.18 -10.72 28.04 3.44 5.06
Price 25.58 -16.61 34.58 0.82 6.63
Cumulative Performance (%)
As of 31/08/2023
NAV (Net) Price (Net)
 
As of 31/08/2023 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) -1.63 6.11 11.13 18.12 36.87 46.27 171.72
Price (Net) -1.21 6.74 13.99 22.49 41.31 46.42 156.35
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
01-Jun-23 27-Jun-23 1.30
05-Jan-23 06-Feb-23 3.65
01-Jun-22 27-Jun-22 1.20
06-Jan-22 04-Feb-22 2.35
03-Jun-21 25-Jun-21 0.96
07-Jan-21 05-Feb-21 2.17
04-Jun-20 26-Jun-20 0.96
09-Jan-20 07-Feb-20 2.17
06-Jun-19 28-Jun-19 0.96
09-Jan-19 08-Feb-19 2.15
31-May-18 29-Jun-18 0.95
04-Jan-18 02-Feb-18 2.19

Portfolio

Top Holdings (As of 31/08/2023)
% of Fund
Novo Nordisk 6.09
UPM-Kymmene 5.65
United Kingdom Gilt 0.125% 2024 4.86
Cie de Saint-Gobain 4.05
TotalEnergies 3.78
ASR Nederland 3.60
LVMH Moet Hennessy Louis Vuitton 3.52
Airbus 3.50
Safran 3.34
adidas 3.15
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/08/2023)
Country/Geographic Exposures % OF FUND % OF FUND (As of August 31, 2023)

Documents

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • If a Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio that is diversified across more countries.
  • The Company may have a particularly concentrated portfolio (low number of holdings) relative to its investment universe - an adverse event impacting only a small number of holdings can create significant volatility or losses for the Company.
  • Where the Company invests in assets that are denominated in currencies other than the base currency, the currency exchange rate movements may cause the value of investments to fall as well as rise.
  • This Company is suitable to be used as one component of several within a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested in this Company.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
  • The Company could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Company.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The return on your investment is directly related to the prevailing market price of the Company's shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the Company. As a result, losses (or gains) may be higher or lower than those of the Company's assets.
  • The Company may use gearing (borrowing to invest) as part of its investment strategy. If the Company utilises its ability to gear, the profits and losses incurred by the Company can be greater than those of a Company that does not use gearing.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 5p each can be recommended by IFAs to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.
  • The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.
  • The Company underwent a 10 for 1 stock split on 7 February 2022; comparative NAV, share price and dividend figures have, where possible, been adjusted to reflect this, but historic dividends and earnings per share up to 7 February 2022 may reflect the previous position, unless otherwise stated.
  • Some documents are available in alternative formats. Click here for information on how to request them.