HENDERSON EUROPEAN TRUST PLC ORD GBP0.05
Symbol: HET
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 12th Jun 2020 to 12th Jun 202138.26%
- 12th Jun 2021 to 12th Jun 2022-12.80%
- 12th Jun 2022 to 12th Jun 202316.77%
- 12th Jun 2023 to 12th Jun 202424.56%
- 12th Jun 2024 to 12th Jun 20254.45%
Key Information
| Benchmark | FTSE World Europe ex UK |
| Sector | IT Europe |
| Gearing | 102% |
| Ex-Dividend Date | 29 May 2025 |
| Dividend Pay Date | 27 Jun 2025 |
| Total Dividends - Year to Date | 2.7 |
| Dividend Yield (%) | 1.3846 |
Net Asset Value (Nav)
| Latest actual NAV | 209.90 |
| Latest actual NAV date | 9/06/2025 |
| NAV frequency | Daily |
| Premium/Discount | -7.58% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.80% |
| Performance Fee | No |
| AMC | 0.65% |
|
Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.80% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
Henderson European Trust plc, formerly Henderson European Focus Trust plc, is a United Kingdom-based closed-end investment company. The Company’s investment objective seeks to maximize total return from a portfolio of stocks predominantly listed in Europe (excluding the United Kingdom). The Company invests in a concentrated portfolio of 35 to 45 stocks predominantly listed in Europe (excluding the United Kingdom). The portfolio has a bias towards large cap companies but may, within limits, invest in small or mid-cap companies or companies listed outside of Europe. The Company's geographical focus includes France, Germany, Netherlands, Finland, United Kingdom, Belgium, Denmark, Switzerland, Sweden, Italy and Spain. The Company also invests in a range of sectors, including industrials, technology, health care, consumer discretionary, financials, consumer staples, basic materials and energy. Its alternative investment fund manager is Janus Henderson Fund Management UK Limited.
Financial Summary
BRIEF: For the fiscal year ended 30 September 2024, Henderson European Trust PLC revenues decreased 26% to £59.2M. Net income decreased 27% to £55.3M. Revenues reflect Revaluation gains on investments decrease of 94% to £1.7M. Net income also reflects Directors fees and taxable benefits increase of 18% to £196K (expense), Administration Expenses increase of 4% to £226K (expense), Fees payable to the Companys auditor - f increase of 13% to £59K (expense).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 3.18% | 4.23% | 10.93% | 4.45% | 51.92% | 83.15% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
794,968 bytes PDF Document; last updated 30 Apr 2025
103,804 bytes PDF Document; last updated 30 Oct 2024
4,040,474 bytes PDF Document; last updated 30 Sep 2024
433,027 bytes PDF Document; last updated 31 Mar 2024
778,163 bytes PDF Document; last updated 20 May 2024
Management Team
Tom O'Hara Jamie Ross
Tom O'Hara
has managed this fund for 5 years and 5 months.
Tom O’Hara is a Portfolio Manager at Janus Henderson Investors, a position he has held since 2020. He co-manages the Concentrated Pan Europe Equity, the Continental Europe Equity, Pan Europe Equity, and Concentrated Continental Europe Equity strategies. Before joining the firm as a research analyst in 2018, Tom was an equity research analyst specializing in metals and mining with Exane BNP Paribas from 2016. He held similar mining and steel sector positions with Redburn (Europe) Limited from 2013 and with Citigroup Global Markets from 2010. Before Citigroup, Tom was a metals analyst with Metal Bulletin Research from 2008. He began his career in 2006 in the treasury of Northern Rock plc. Tom received his BA degree (Hons) in economics from Newcastle University. He has 16 years of financial industry experience.
Manager Cumulative Performance v Peer Group
Jamie Ross
has managed this fund for 11 months.
Jamie Ross is a Portfolio Manager of European equities at Janus Henderson Investors, a position he has held since 2016. He was appointed as a joint Portfolio Manager for a European investment trust in 2018 and became sole manager in 2019. Prior to this, he was a portfolio manager on the UK Equities Team, where he co-managed a UK equities pooled fund. Before that, he was an assistant portfolio manager on the Pan European Equities Team. He started his career with Henderson in 2007. Jamie graduated with a BA degree (Hons) in economics from Durham University. He holds the Chartered Financial Analyst designation and has 15 years of financial industry experience.
Manager Cumulative Performance v Peer Group
Other investment trusts managed by
Jamie
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| The Bnkrs IT Ord | Co | Jun 2024 |
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
30/09/2024 |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 59.24 | 79.72 | -43.74 | 73.02 | 20.72 | 15.45 |
| Gross profit | 55.75 | 76.79 | -46.24 | 70.52 | 18.38 | 13.14 |
| Operating Profit/Loss | 55.15 | 76.22 | -46.72 | 70.02 | 17.94 | 12.66 |
| Profit Before Tax | 55.15 | 76.22 | -46.72 | 70.02 | 17.94 | 12.66 |
| Profit After Tax | 55.30 | 75.29 | -47.43 | 69.18 | 17.33 | 11.91 |
| Equity Holders of Parent Company | 55.30 | 75.29 | -47.43 | 69.18 | 17.33 | 11.91 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
30/09/2024 |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 691.50 | 384.25 | 320.29 | 382.21 | 309.88 | 312.88 |
| Total Current Assets | 17.15 | 27.60 | 28.63 | 3.34 | 40.24 | 13.45 |
| Total Assets | 708.64 | 411.85 | 348.92 | 385.55 | 350.13 | 326.33 |
| Total Liabilities | 45.11 | 32.85 | 34.50 | 14.81 | 41.96 | 27.32 |
| Total Net Assets | 663.53 | 379.00 | 314.42 | 370.74 | 308.17 | 299.01 |
| Shareholders Funds | 663.53 | 379.00 | 314.42 | 370.74 | 308.17 | 299.01 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 663.53 | 379.00 | 314.42 | 370.74 | 308.17 | 299.01 |