We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

European Assets Trust plc (EAT) GBP0.10

Sell:83.40p Buy:84.80p 0 Change: No change
Market closed Prices as at close on 15 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:83.40p
Buy:84.80p
Change: No change
Market closed Prices as at close on 15 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:83.40p
Buy:84.80p
Change: No change
Market closed Prices as at close on 15 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To achieve growth of capital through investment in quoted small and medium-sized companies in Europe, excluding the United Kingdom.
Sector Weight
Industrials 29.29%
Consumer Cyclical 19.84%
Financial Services 15.28%
Technology 14.18%
Healthcare 8.07%
Consumer Defensive 6.53%
Communication Services 5.89%
Basic Materials 5.70%
Real Estate 1.03%
Energy 0.88%
Country Weight
Sweden 16.63%
Switzerland 12.81%
Ireland 11.71%
Italy 11.62%
Germany 11.41%
France 10.20%
Norway 7.08%
Netherlands 6.84%
Spain 6.60%
Denmark 5.21%

Fee Structure

Management fee is charged at a rate of 0.75% p.a. of NAV up to EUR 300m and 0.55% p.a. of NAV exceeding EUR 300m. Contract terminable on 6 months notice.

Dividend Policy

The Board has stated that barring unforeseen circumstances it will pay an annual dividend equivalent to 6% of the NAV. The dividend is funded from a combination of accumulate capital gains and income but the dividend may fluctuate.The Company pays dividend quarterly.The first interim dividend of 1.45 pence per share was paid in January 2023 with further dividends payable in April, July, and October.

ASSET SPLIT

Total number of holdings: 66.

Trust Manager

Mine Tezgul

Manager Bio

Mine Tezgul is a portfolio manager in the European equities team. She manages the European smaller companies strategy and jointly manages the pan European small cap opportunities strategy. Mine joined the company in 2018 as an equity analyst and became a portfolio manager in 2019 and head of small cap European equities in 2022. Before joining the company, Mine was as an equity analyst focusing on developed market equities at Lansdowne Partners, SAC Global Investors and Highbridge Capital Management. She started her career in 2005 with Citigroup as a financial analyst in investment banking. She holds a BA in Economics with General Honours from the University of Chicago and an MBA with Distinction from INSEAD.

Board Of Directors

Andrew PatersonChairman, Kate Cornish-Bowden, Martin Breuer, Kevin Troup, Pui Yuen

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.