Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.
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 TRUST
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
What is Henderson European Focus Trust's investment objective?
The Henderson European Focus Trust aims to maximise total return (a combination of income and capital growth) from a focused portfolio of listed stocks, mainly in Continental Europe. The team looks for inflexion points whereby a company or sector is set for a period of growth and prioritises value when allocating funds and is uninhibited by index weightings. The portfolio can hold companies of any size but has a strong bias towards large capacity.
When was Henderson European Focus Trust incorporated?
The incorporation date was 20th January 1947.
Who is the fund manager of Henderson European Focus Trust?
The fund managers are John Bennett, Director of European Equities and Tom O’Hara. John joined the asset management industry in 1987 and has been with Janus Henderson since 2011. John has managed the trust since 2010. Tom joined the asset management industry in 2006 and has been with Janus Henderson since 2018. Tom has managed the trust since 2020.
What is Henderson European Focus Trust's benchmark?
The trust's investment benchmark is the FTSE World Europe ex UK. The trust’s Net Asset Value has outperformed the benchmark over one, five and 10 years.
 Source: Janus Henderson, Henderson European Focus Trust plc Fact Sheet, 30th September 2020.
What is Henderson European Focus Trust's sector?
The Association of Investment Companies (AIC) classifies trusts into sectors as a way of grouping companies with common characteristics. The classifications are based on a combination of the trust's regional or industry focus, and its investment objective. The Henderson European Focus Trust is classified within the ‘AIC Europe’ sector.
How big is Henderson European Focus Trust?
As at 30th September 2020, the trust had total assets of over £309M under management.
 Source: Janus Henderson, Henderson European Focus Trust Fact Sheet, 30th September 2020
When does Henderson European Focus Trust make dividend payments?
Proposed dividend payment date(s): February, and June.
Has Henderson European Focus Trust been independently rated by a third party?
The trust has received an overall rating of ★★★★ by Morningstar. The trust's analyst rating is Silver.
What is the annual management fee of Henderson European Focus Trust?
The management fee is 0.65% for net assets up to £300m. 0.55% for net assets above £300m.
John Bennett, Director of European Equities, explains the potential turning point in markets that could propel European equities to compete with the long-running and seemingly invincible US bull market.
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 is not a guide to future performance.
Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
If a trust's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio diversified across more countries.
The trust may have a particularly concentrated portfolio (low number of holdings) relative to its investment universe and an adverse event impacting only a small number of holdings can create significant volatility or losses for the trust.
Where the trust invests in assets which are denominated in currencies other than the base currency then currency exchange rate movements may cause the value of investments to fall as well as rise.
This trust is suitable to be used as one component in several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this trust.
Active management techniques that have worked well in normal market conditions could prove ineffective or detrimental at other times.
The trust could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the trust.
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 trust’s shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the trust. As a result losses (or gains) may be higher or lower than those of the trust’s assets.
The trust may use gearing as part of its investment strategy. If the trust utilises its ability to gear, the profits and losses incured by the trust can be greater than those of a trust that does not use gearing.
The Company confirms that it currently conducts its affairs so that its ordinary shares of 50p 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.