For individual investors in the UK

HNE Henderson EuroTrust plc

Seeking growth, quality and consistency from a selection of 35 to 55 European companies (ex UK) and an emphasis on total return

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ISIN
GB00BP6QR382

Share price
134.00p
As of 28/09/2023

Estimated NAV
155.61p
As of 28/09/2023

Discount / Premium
-13.89%
As of 28/09/2023

Yield
2.84%
As of 28/09/2023

Overview

INVESTMENT OBJECTIVE

The Company aims to achieve a superior total return from a portfolio of European (excluding the UK) investments where the quality of the business is deemed to be high or significantly improving.

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.

Henderson EuroTrust plc

2:30pm on Wednesday 15 November 2023, 201 Bishopsgate, London.

For shareholders unable to travel or attend in person, please register for the live broadcast below.

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ABOUT THIS COMPANY

  • Very experienced management team with a deep understanding of developed European markets
  • Provides a diversifier to UK- or US-biased equity portfolios
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Past performance does not predict future returns. 
 

RATINGS AND AWARDS

Henderson EuroTrust plc has been awarded the Kepler Growth and Income 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.

View more Henderson EuroTrust insights

ANNOUNCEMENTS

View the latest announcements for this Company:

London Stock Exchange

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

James Ross, CFA

James Ross, CFA

Portfolio Manager

Industry since 2007. Joined Firm in 2007.

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 21.78 -18.52 20.31 13.86 8.01
Price 23.99 -23.32 24.24 10.45 7.55
© Morningstar 2023. All rights reserved. The Price and Net Asset Value are total returns. YTD returns are calendar year.
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
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) -0.98 2.82 11.33 18.80 18.65 41.79 164.03
Price (Net) -1.08 2.99 11.28 21.96 15.14 37.85 138.82
© Morningstar 2023. All rights reserved. The Price and Net Asset Value total returns.
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
19-Oct-23 22-Nov-23 3.00
06-Apr-23 28-Apr-23 0.80
20-Oct-22 23-Nov-22 3.00
07-Apr-22 22-Apr-22 0.80
21-Oct-21 24-Nov-21 1.70
08-Apr-21 23-Apr-21 0.80
22-Oct-20 25-Nov-20 1.70
09-Apr-20 24-Apr-20 0.80
17-Oct-19 20-Nov-19 2.30
11-Apr-19 26-Apr-19 0.80
18-Oct-18 21-Nov-18 2.25
12-Apr-18 27-Apr-18 0.80

Portfolio

Top Holdings (As of 31/08/2023)
% of Fund
Novo Nordisk 6.82
TotalEnergies 5.18
Nestlé 5.05
Roche 4.31
Sanofi 4.20
ASML 3.46
LVMH Moet Hennessy Louis Vuitton 3.20
SAP 2.95
Safran 2.82
Airbus 2.78
View full holdings
References made to individual securities do not constitute a recommendation to buy, sell or hold any security, investment strategy or market sector, and should not be assumed to be profitable. Janus Henderson Investors, its affiliated advisor, or its employees, may have a position in the securities mentioned.
Sector Allocation % OF FUND % OF FUND (As of 31/08/2023)
Country/Geographic Exposures % OF FUND % OF FUND (As of August 31, 2023)

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Henderson EuroTrust plc: Full-Year Results 2023
28 Sep 2023
Investment Insights

Henderson EuroTrust plc: Full-Year Results 2023

Source: Morningstar as at 30/06/2023. All performance, cumulative growth and annual growth data is sourced from Morningstar. Past performance does not predict future returns. Disclaimers References made to individual securities do not constitute a recommendation to buy, sell or hold any security, investment strategy or market sector, and should not be assumed to be profitable.

2 min read

Henderson EuroTrust – Finding quality companies for an uncertain environment
30 May 2023
Investment Insights

Henderson EuroTrust – Finding quality companies for an uncertain environment

Quality matters, goes the adage, and like most traditional expressions it captures an essential truth in life. It is also the unofficial motto of Henderson EuroTrust managed by Portfolio Manager, Jamie Ross.

6 min read

Henderson EuroTrust plc: Half-Year Results
24 Mar 2023
Investment Insights

Henderson EuroTrust plc: Half-Year Results

Portfolio Manager, Jamie Ross and Chairman Nicola Ralston discuss the half-year results for Henderson EuroTrust, including the key drivers of performance, changes made to the portfolio and the outlook for European equities over the coming months.

12 min read

  • ​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 0.5p 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 22 November 2021; comparative NAV, share price and dividend figures have, where possible, been adjusted to reflect this, but historic dividends and earnings per share up to 22 November 2021 may reflect the previous position, unless otherwise stated.
  • Some documents are available in alternative formats. Click here for information on how to request them.