EUROPEAN OPPORTUNITIES TRUST PLC ORD GBP0.01

Symbol: JEO

This security went ex-dividend on 22/10/2020. Pay date is 27/11/2020

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Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 29th Oct 2015 to 29th Oct 2016-0.38%
  • 29th Oct 2016 to 29th Oct 201730.23%
  • 29th Oct 2017 to 29th Oct 20185.20%
  • 29th Oct 2018 to 29th Oct 20193.43%
  • 29th Oct 2019 to 29th Oct 2020-11.95%

Key Information

Benchmark MSCI Europe
Sector IT Europe
Gearing 108%
Ex-Dividend Date 22 Oct 2020
Dividend Pay Date 27 Nov 2020
Total Dividends - Year to Date3.5
Dividend Yield (%)0.5224

Net Asset Value (Nav)

Latest actual NAV 749.49
Latest actual NAV date 27/10/2020
NAV frequency Daily
Premium/Discount -10.79%

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.
1.1161%
Performance Fee 0% Performance fee abolished on 14/11/2019.
AMC 0.90%
Our Platform Charge
We charge a platform fee starting at 0.35% for the first £250,000 of assets. Out charges for assets above £250,000 are shown on our rates and charges sheet
0.35%

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

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

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 fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.1161%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

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 applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
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
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
What you might get back at with charges applied

What you might get back at with charges applied

These 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

European Opportunities Trust PLC, formerly Jupiter European Opportunities Trust PLC, is a United Kingdom-based investment trust, which is engaged in portfolio investment. The Company's objective is to invest in securities of European companies and in geographical sectors or areas, which offer prospects for capital growth. Its portfolio spans across a range of locations, including Denmark, the United Kingdom, Spain, Sweden, Germany, Finland, Belgium and France. The Company invests in various sectors, including basic materials, industrials, consumer goods, health care, consumer services, telecommunications, financial and information technology. The Company's fund manager is Devon Equity Management Limited, and its alternative investment manager is Fundrock Management Company.

Financial Summary

BRIEF: For the fiscal year ended 31 May 2020, EuropeanOpportunities Trust PLC revenues decreased 83% to £12.7M.Net income decreased 98% to £1.1M. Revenues reflectRealized G/L on Investments Securities decrease from £56.6Mto -£3.3M, Dividends from Overseas Companies decrease of14% to £9.3M, Other exchange loss decrease from -£6K to-£315K. Net income also reflects Administrative Expenseincrease from £308K to £730K (expense).

Performance

  • Chart Options

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      0.20% -3.53% -7.63% -11.95% -4.20% 24.29%

      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

      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.

      Fund Provider Factsheet
      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.
      FUND PROVIDER FACTSHEET
      281,455 bytes PDF Document; last updated 30 Sep 2020
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      129,972 bytes PDF Document; last updated 14 Jul 2020
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      566,146 bytes PDF Document; last updated 31 May 2020
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      753,495 bytes PDF Document; last updated 30 Nov 2019

      Management Team

      Alexander Darwall has managed this fund for 19 years and 11 months.

      Alexander Darwall Alexander Darwall is the Chief Investment Officer of Devon Equity Management Limited, which he founded in 2019. He was formerly head of strategy for European equities at Jupiter Asset Management, where he worked from 1995 to November 2019. He has been the lead portfolio manager to European Opportunities Trust PLC since its launch in November 2000. Before joining Jupiter, Alexander trained as an investment analyst with de Zoete & Bevan (BZW) before moving in 1987 to Enskilda Securities in Paris, where he became head of French equity research. He joined Goldman Sachs in London in 1992, where he worked as a French equity analyst. Alexander has a degree in History from Cambridge University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/05/2020

      31/05/2019

      31/05/2018

      31/05/2017

      31/05/2016

      31/05/2015

      Total Revenue 12.72 72.84 104.27 195.02 21.15 113.36
      Gross profit 3.13 57.53 83.80 188.04 10.14 96.24
      Operating Profit/Loss 2.02 56.55 82.85 187.40 9.46 95.41
      Profit Before Tax 2.02 56.55 82.85 187.40 9.46 95.41
      Profit After Tax 1.08 55.63 81.49 187.22 9.01 94.76
      Equity Holders of Parent Company 1.08 55.63 81.49 187.22 9.01 94.76
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/05/2020

      31/05/2019

      31/05/2018

      31/05/2017

      31/05/2016

      31/05/2015

      Total Non-Current Assets 913.33 993.25 926.76 852.76 707.40 600.85
      Total Current Assets 29.55 21.91 21.68 62.62 10.37 8.77
      Total Assets 942.88 1,015.16 948.44 915.39 717.77 609.62
      Total Liabilities 19.96 87.67 75.24 120.37 103.85 51.24
      Total Net Assets 922.92 927.48 873.20 795.01 613.92 558.39
      Shareholders Funds 922.92 927.48 873.20 795.01 613.92 558.39
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 922.92 927.48 873.20 795.01 613.92 558.39

      Investment involves risk. You may get back less than invested.