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Contact details

ManagerGroupLogo
12 Charlotte Square, Edinburgh, EH2 4DJ
0131 270 3801 (Fax Number)
0131 270 3800 (Main Number)

enquiries@edpam.com

Fund managers

* Dale Robertson»01-Feb-2010 to Present
Peter Jarvis»01-Aug-2007 to 31-Jan-2010
Davina Curling»01-Jan-2005 to 31-Jul-2007
Stephen White»01-Jan-1986 to 31-Dec-2004


Investment objectives

The ojective of the fund is to achieve long-term capital growth through investment in Continental Europe securities.

Key Information

Fund vs sector

  1y 3y
Position 7 / 8 8 / 8
Quartile 4 4

Fund ratings

FE Crown Rating: 2 FE
Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 15.84 20.90
Alpha -28.83 -7.39
Beta 1.65 1.18
Sharpe 2.15 0.33
InfoRatio -0.97 -0.67
R2 0.88 0.88
Quartiles:   1  2   3  4   help with ratios
vs. Europe»

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+33.6 +29.8 -4.2 -20.5 +22.3 +33.9 -44.9
  NAV +32.3+26.5-2.4-16.8 +14.9+29.7-40.5
  Europe +41.6+46.7+33.1-15.0+21.9+25.9-27.9
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf THE EUROPEAN INVESTMENT TRUST PLC UNIT 600.75 (p) 17-Jun-2013 -14.27 699.85 692.31
13-Jun-2013
100 2.00 2.00
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
THE EUROPEAN INVESTMENT TRUST PLC UNIT LONDON 25 42,069,000 252.41 n/a n/a company announcements
Share identifiers: TIDM: EUT; SEDOL: 0329501; ISIN: GB0003295010
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Launched1972
Gross assets£294.4m / $462.6m
Sector Europe
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly
Annual accountsannual (Click to order)
Last report / accounts29-May-2013
Last AGM17-Jan-2012
Next AGMJanuary 2013
EGMn/a
Stockbroker(s)n/a
Management contractThe Committee will, on an annual basis, review the performance of FCM in providing company secretarial, accounting, administration and support services to the Company and''the fee paid to FCM for the services that it provides under the management contract, together with the terms of such contract. Investment performance is reviewed by the Board.
Borrowing limitn/a
Continuation / Wind-up provisionThe Fund has the authority to purchase its own shares in the market up to a maximum of 14.99% of the issued share capital. The fund has an unlimited life.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Europe Ex UK Equity Mixed Europe
Largest holdings, 31-May-2013
Holding (%) Rank Prev Holding (%) Rank Prev
GERRESHEIMER GROUP3.401(2)SAFRAN S.A.2.906(9)
MEDIASET ESPANA COMMUNICACION, S.A.3.302(1)ZIGGO NV2.907(6)
WIRE CARD AG3.203(5)INDRA SISTEMAS S.A2.808(7)
KABEL DEUTSCHLAND HLDG AG3.104(4)INTESA SANPAOLO SPA2.809(10)
RYANAIR HLDGS2.905(-)DANSKE BANK A/S2.8010(8)
 Total30.10 
Regional weightings, 31-May-2013
Region (%) Rank Prev  
Germany 19.80 1 (1) 19.80% Germany
France 16.60 2 (2) 16.60% France
Italy 11.90 3 (3) 11.90% Italy
Spain 10.90 4 (4) 10.90% Spain
Netherlands 9.90 5 (5) 9.90% Netherlands
Cash & Others 5.20 6 (10) 5.20% Cash & Others
Denmark 5.20 7 (8) 5.20% Denmark
Switzerland 4.80 8 (6) 4.80% Switzerland
Ireland 4.80 9 (7) 4.80% Ireland
Belgium 4.40 10 (9) 4.40% Belgium
Sweden 2.40 11 (11) 2.40% Sweden
Norway 2.30 12 (12) 2.30% Norway
Russia 1.80 13 (13) 1.80% Russia
Total100.00 
Sector weightings, 31-May-2013
Sector (%) Rank Prev  
Industrial Goods & Services 23.30 1 (1) 23.30% Industrial Goods & Services
Banks 12.70 2 (2) 12.70% Banks
Media 11.00 3 (3) 11.00% Media
Retail 7.40 4 (5) 7.40% Retail
Telecommunications 7.30 5 (4) 7.30% Telecommunications
Oil & Gas 6.30 6 (6) 6.30% Oil & Gas
Health Care 5.80 7 (7) 5.80% Health Care
Others 5.50 8 (11) 5.50% Others
Technology 4.70 9 (8) 4.70% Technology
Automobiles & Parts 4.60 10 (10) 4.60% Automobiles & Parts
Food, Beverages and Tobacco 4.40 11 (9) 4.40% Food, Beverages and Tobacco
Travel & Leisure 2.90 12 (12) 2.90% Travel & Leisure
Household Goods 2.40 13 (13) 2.40% Household Goods
Financial Services 1.70 14 (14) 1.70% Financial Services
Total100.00 


All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

 
 
 
 
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Asset allocation

German Equities, 19.80%
19.8000% ofGerman Equities
French Equities, 16.60%
16.6000% ofFrench Equities
Italian Equities, 11.90%
11.9000% ofItalian Equities
Spanish Equities, 10.90%
10.9000% ofSpanish Equities
Dutch Equities, 9.90%
9.9000% ofDutch Equities
International Equities, 5.20%
5.2000% ofInternational Equities
Danish Equities, 5.20%
5.2000% ofDanish Equities
Irish Equities, 4.80%
4.8000% ofIrish Equities
Swiss Equities, 4.80%
4.8000% ofSwiss Equities
Belgian Equities, 4.40%
4.4000% ofBelgian Equities
Swedish Equities, 2.40%
2.4000% ofSwedish Equities
Norwegian Equities, 2.30%
2.3000% ofNorwegian Equities
Russian Equities, 1.80%
1.8000% ofRussian Equities

Sector analysis

Charting

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