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 aims to achieve a superior total return from a portfolio of high quality European (excluding the UK) investments.
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
Very experienced management team with a deep understanding of developed European markets
High conviction rate means the team avoids holdings of less than 1% of the portfolio
Provides a diversifier to UK- or US-biased equity portfolios
Henderson EuroTrust aims to achieve a superior total return from a portfolio of high quality European (excluding the UK) investments.
When was Henderson EuroTrust incorporated?
The incorporation date was 28th May 1992.
Who is the fund manager of Henderson EuroTrust?
The fund manager is Jamie Ross. He joined the asset management industry with Janus Henderson in 2007. Jamie has managed the trust since 2018.
What is Henderson EuroTrust's benchmark?
The trust's investment benchmark is the FTSE World Europe ex UK, which comprises Large and Mid-cap stocks providing coverage of the Developed and Advanced Emerging markets in Europe excluding UK. The index is derived from the FTSE Global Equity Index Series (GEIS), which covers 98% of the world’s investable market capitalisation.
The trust’s relative Net Asset Value has outperformed the benchmark over one, three, five and 10 years.
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. Henderson EuroTrust plc is classified within the 'Europe' sector.
How big is Henderson EuroTrust?
As of 31st December 2020, the Trust had total assets of over £345M under management.
When does Henderson EuroTrust make dividend payments?
Proposed dividend payment date(s): April and November.
Has Henderson EuroTrust been independently rated by a third party?
The trust has received an overall rating of ★★★★★ by Morningstar.
What is the annual management fee of Henderson EuroTrust?
The management fee is 0.65% pa for net assets up to £300m and 0.55% pa for net assets above £300m.
Where can I find additional research on Henderson EuroTrust?
For general insight into the Trust please see the latest Kepler commissioned research: 2020 research note.
This research gives general insight into the background of the Investment Trust, and the investment strategy with which it is run. In addition to this it outlines the Trust’s objectives and provides updates from the Fund Manager, as well as recent performance data.
Jamie Ross, Fund Manager for Henderson EuroTrust, delivers his monthly commentary on how the Trust performed in February, portfolio activity and his thoughts on wider economic and political developments.
Jamie Ross, Fund Manager for Henderson EuroTrust, delivers his monthly commentary on how the Trust performed in January, portfolio activity and his thoughts on wider economic and political developments.
Jamie Ross, Fund Manager for Henderson EuroTrust, delivers his monthly commentary on how the Trust performed in December, portfolio activity and his thoughts on wider economic and political developments.
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 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.