European Opportunities Trust PLC
The Trust invests in securities of European companies that offer good prospects for capital growth, taking into account economic trends and business development.
The European Opportunities Trust PLC is a closed-ended investment vehicle, whose shares are listed on the London Stock Exchange.
We seek to identify ‘special’ companies, structural winners, who can withstand competitors and regulatory environment, to grow through the cycles and flourish in a variety of economic circumstances.
Alexander Darwall has been the lead-manager of the European Opportunities Trust PLC, since its incorporation in November 2000.
He has been using a consistent approach to the investment of the company’s portfolio throughout its life, in the belief that a thorough analysis and understanding of companies is the best way to identify long-term superior growth prospects.
How to Invest
There are a number of ways to invest in the European Opportunities Trust PLC. Please see listed below a full list of options:
We recommend that you discuss any financial decisions with a financial adviser, particularly if you are unsure whether an investment is suitable, as Devon is unable to provide investment advice. A financial adviser can provide advice on and facilitate investment into the company. Consider using unbiased.co.uk or thefps.org to find a financial adviser near to you.
An investment in an investment trust can also be executed through an execution-only platform. A transaction charge and other charges are payable to the platform for the provision of this service. A selection of platforms are shown below:
Alliance Trust Savings
Bestinvest / Tilney
Charles Stanley Direct
Halifax Share Dealing
The Company currently conducts its affairs, and intends to continue to conduct its affairs, so that the Company’s ordinary shares can be recommended by Independent Financial Advisers to ordinary retail investors in accordance with the FCA’s rules in relation to non-mainstream pooled investment products (NMPI).The Company’s ordinary shares are excluded from the FCA’s restrictions which apply to non-mainstream pooled investment products because they are shares in an investment trust.
The following data is supplied by Morningstar.
Literature and Links
Fact Sheet as at 28 Febuary 2023
Holdings, country, market capitalisation & sector weightings as at 28 February 2023
Latest Regulatory News Service announcements to the London Stock Exchange
Commentary – 28 February 2023
Commentary – 31 January 2023
Commentary – 31 December 2022
Commentary – 30 November 2022
Commentary – 31 October 2022
Commentary – 30 September 2022
Commentary – 31 August 2022
Commentary – 31 July 2022
Commentary – 30 June 2022
Commentary – 31 May 2022
Commentary – 30 April 2022
Commentary – 31 March 2022
Commentary – 28 February 2022
Commentary – 31 January 2022
Commentary – 31 December 2021
Commentary – 30 November 2021
Commentary – 31 October 2021
Commentary – 30 September 2021
Commentary – 31 August 2021
Commentary – 31 July 2021
Commentary – 30 June 2021
Commentary – 31 May 2021
Commentary – 30 April 2021
Commentary – 31 March 2021
Commentary – 28 February 2021
Commentary – 31 January 2021
Commentary – 31 December 2020
Annual Report for year ended 31 May 2022
Annual Report for year ended 31 May 2021
Annual Report for year ended 31 May 2020
Annual Report for year ended 31 May 2019
Annual Report for year ended 31 May 2018
Interim Report for 6 months to 30 November 2022
Interim Report for 6 months to 30 November 2021
Interim Report for 6 months to 30 November 2020
Interim Report for 6 months to 30 November 2019
“European Equities – Positioned for positive news and growth” – Edison – 7 March 2023
“European Opportunities Trust – Concentrated exposure to leading European companies” – Tillit Invest – 1 February 2023
“QD view – Investing in Europe at a time of recession” – Quoted Data – 2 December 2022
“A sustainable growth portfolio for more uncertain times…” – Kepler | Trust Intelligence – 16 November 2022
“217. Making money from an economy in structural decline” – FundCalibre podcast – October 2022
ShareSoc Webinar with European Opportunities Trust PLC – 5 October 2022
“European Opportunities Trust — Consistent, resilient trust returning to form” – Edison – 17 August 2022
“Vantage: High-conviction investing with Alexander Darwall – Edison interview with Neil Shah – April 2022
These links are provided for your convenience and Devon accepts no responsibility for the content of such websites.
Association of Investment Companies
Fidelity Funds Network
The London Stock Exchange
Dividend Reinvestment Plan
Shareholders may elect for the company’s registrar, Link Asset Services, to reinvest dividends automatically on their behalf. Click here for further details.
Dividend Reinvestment Plan Terms and Conditions are available upon request via the Link Shareholder Helpline on 0371 664 0381* (Overseas +44 (0) 371 664 0381*), by email to firstname.lastname@example.org or through www.signalshares.com**.
*Calls to this number are charged at the standard geographical rate and will vary by provider. Calls outside of the United Kingdom will be charged at the applicable international rate. Lines are open from 09.00 – 17.30 Monday to Friday. 3rd party calls may be recorded.
**Signal shares also allows you to manage your shareholding online. If you are a direct investor you can view your shareholding, change the way the registrar communicates with you or the way you receive your dividends, and buy and sell shares. If you haven’t used this service before, all you need to do is enter the name of the company and register your account. You’ll need your Investaor code (IVC) printed on your share certificate in order to register.
When making an investment in an investment trust you are buying shares in a company that is listed on a stock exchange. The price of the shares will be determined by supply and demand. Consequently, the share price of an investment trust may be higher or lower than the underlying net asset value of the investments in its portfolio and there can be no certainty that there will be liquidity in the shares.
Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested.
European Opportunities Trust PLC can borrow money and use it to invest, also known as ‘gearing’ or ‘leveraging’. The risk with gearing is that when the borrowed money has to be repaid the value of the Trust’s investments may not be enough to repay it and any interest and the Trust will make a loss. If the value of the Trust’s investments falls, any invested borrowings will increase the value of this loss. Investors may get back nothing at all if the fall in value is sufficiently large. The company invests in a small number of holdings and as such carries more risk than companies which invest across a larger number of holdings. The company invests mainly in shares and it is likely to experience fluctuations in price which are larger than companies that invest only in bonds and/or cash.
Before making an investment decision, please read the PRIIPS Key Information Document which is available from Devon on request. Past performance is no guide to the future. Company examples are for illustrative purposes only and are not a recommendation to buy or sell.