Fidelity European Trust Investment Overview

Fidelity European Trust is a UK-based investment trust that focuses on investing in European equities. It's been around since 1988.

The trust has a long history of investing in European companies, with a current portfolio of over 150 holdings. These holdings span various sectors, including industrials, consumer goods, and financials.

Fidelity European Trust is managed by a team of experienced investment professionals who have a deep understanding of the European market. Their investment approach is focused on long-term growth, with a goal of outperforming the benchmark index.

The trust has a total net asset value (NAV) of over £1.5 billion, making it a significant player in the UK investment trust market.

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The Fidelity European Trust has had a strong year, with its NAV total return coming in at +17.5% for the year ended 31 December 2023.

The trust's current discount sits at 7%, which is a relatively modest premium given the strong performance of the portfolio.

The Fidelity European Trust has a diversified portfolio, with holdings in a range of countries, including France, Switzerland, Germany, and the Netherlands.

Here are some of the top holdings in the trust, by weight:

The trust's country allocation is also worth noting, with the largest exposures being to France (31.62%), Switzerland (20.98%), and Germany (12.06%).

Fidelity European Trust is a UK-based investment trust that focuses on investing in European companies. It was established in 1988.

The trust's objective is to provide long-term capital growth and income from its investments in European equities. Fidelity Management & Research (FMR) is the trust's investment manager.

FMR has a proven track record of managing investment portfolios, with over 70 years of experience. The trust's investment approach is focused on identifying high-quality companies with strong growth potential.

The trust's portfolio is actively managed, with FMR's experienced investment team selecting stocks based on their growth potential, financial health, and management quality.

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The estimated Net Asset Value (NAV) of Fidelity European Trust is 427.45, which is the same as the latest actual NAV as of 18 February 2025.

The 12-month average premium/discount is -6.29%, indicating that the fund has been trading at a slight discount to its NAV over the past year.

The fund's NAV is calculated daily, and its holdings are distributed across various countries in Europe, with France being the largest contributor at 31.62% of the total weight.

The Net Asset Value (NAV) is a crucial metric in understanding the financial health of an investment. It represents the total value of an investment's assets minus its liabilities.

The estimated NAV is often used as a benchmark, but it's essential to look at the latest actual NAV, which provides a more accurate picture of the investment's value. In the example, the latest actual NAV is 427.45, with a date of 18 February 2025.

The premium/discount is another vital aspect of NAV. A negative premium/discount indicates that the investment is trading at a discount to its NAV, while a positive value suggests it's trading at a premium. In the example, the 12m average premium/discount is -6.29%, indicating a long-term discount.

Here's a breakdown of the NAV frequency and its impact on the investment:

The NAV can be broken down into its constituent parts, such as the holdings in the investment. For example, the Novo Nordisk DKK0.1 B holding accounts for 6.42% of the investment's weight.

Dividends are a crucial aspect of a company's financial data. They can give you an idea of the company's financial health and stability.

The record date for dividend payments can be found in the company's financial reports. For example, the record date for the latest dividend payment is 20/09/2024.

The ex-dividend date is another important date to note. This is the date after which you won't receive the dividend payment, even if you buy the shares before the payment date. The ex-dividend date for the latest dividend payment is 19/09/2024.

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The payment date is the date when the dividend payment is actually made. For the latest dividend payment, this date is 25/10/2024.

The amount of the dividend payment can also give you an idea of the company's financial health. For example, the latest dividend payment is 3.60p per share, which is lower than the previous payment of 4.99p per share.

Here is a summary of the dividend payment dates and amounts: