Please ensure Javascript is enabled for purposes of website accessibility Henderson European Trust plc - Janus Henderson Investors
For financial professionals in the UK

HET Henderson European Trust plc

HET aims to invest in global champions listed in Europe, with the goal of maximising total return. The fund managers seek out pioneering companies that are leaders in their field.

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ISIN
GB00BLSNGB01

Share price
188.50p
As of 04/07/2024

Estimated NAV
206.98p
As of 04/07/2024

Discount / Premium
-8.93%
As of 04/07/2024

Yield
2.31%
As of 04/07/2024

Overview

INVESTMENT OBJECTIVE

The Company aims to maximise total return from a portfolio of stocks predominantly listed in Europe (excluding the UK).

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Potential investors must read the latest annual report and where relevant, the key information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS COMPANY

  • Prioritises value when allocating funds and is uninhibited by index weightings
  • The team looks for inflexion points whereby a company or sector is set for a period of growth
  • The portfolio can hold companies of any size but has a strong bias towards large cap
  • View Henderson European Focus Trust ESG approach here
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Past performance does not predict future returns. 
 

RATINGS AND AWARDS


Henderson European Focus Trust plc has won the ‘European Equity – Active’ category for 2023 in AJ Bell’s Investment Awards.
Find out more about the methodology behind the award here.

Source: AJ Bell voting, 22/09/2023
Past performance does not predict future returns.


Henderson European Focus Trust plc has been awarded the Kepler Growth Rating for 2024.
Find out more about the methodology behind the award here.

Source: Morningstar, Kepler calculations, 01/01/2023 - 31/12/2023
Past performance does not predict future returns.

This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. Performance records are detailed on the specific KID, fees and charges may vary and further information can be found in the company’s prospectus and KID which must be reviewed before investing.

LATEST INSIGHTS

Knowledge Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.

View more Henderson European Focus Trust insights

ANNOUNCEMENTS

View the latest announcements for this Company:

London Stock Exchange

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

Tom O'Hara

Tom O'Hara

Portfolio Manager

Industry since 2006. Joined Firm in 2018.

James Ross, CFA

James Ross, CFA

Portfolio Manager

Industry since 2007. Joined Firm in 2007.

Performance

Marketing Communication. Past performance does not predict future returns. The value of an investment and the income from it may go down as well as up and you may lose the amount originally invested. Potential investors must read the latest annual report and where relevant, the key information document before investing.
Discrete Performance (%)
As of 30/06/2024
Net Asset Value Price
 
Quarter End
As of 30/06/2024 		2023/2024 2022/2023 2021/2022 2020/2021 2019/2020
Net Asset Value 19.08 20.18 -10.72 28.04 3.44
Price 20.76 25.58 -16.61 34.58 0.82
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
The Price and Net Asset Value are total returns.

Source: © 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not predict future returns.
Cumulative Performance (%)
As of 30/06/2024
NAV (Net) Price (Net)
 
As of 30/06/2024 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) -1.53 0.44 7.61 19.08 27.77 69.23 167.19
Price (Net) -1.36 3.84 9.65 20.76 26.46 71.58 143.70
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
© Morningstar 2024. All rights reserved. The Price and Net Asset Value (NAV) are total returns. Source: Morningstar. Past performance does not predict future returns.

Portfolio

Top Holdings (As of 30/06/2024)
% of Fund
Novo Nordisk 6.79
ASML 6.68
SAP 4.01
TotalEnergies 3.59
Schneider Electric 3.41
LVMH Moet Hennessy Louis Vuitton 3.15
Nestlé 3.12
Siemens 3.04
Shell 2.84
adidas 2.81
View full holdings
Sector Allocation % of Fund % of Fund As of 30/06/2024
Country/Geographic Exposures % of Fund % of Fund As of June 30, 2024

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
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  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • If a Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio that is diversified across more countries.
  • The Company may have a particularly concentrated portfolio (low number of holdings) relative to its investment universe - an adverse event impacting only a small number of holdings can create significant volatility or losses for the Company.
  • Where the Company invests in assets that are denominated in currencies other than the base currency, the currency exchange rate movements may cause the value of investments to fall as well as rise.
  • This Company is suitable to be used as one component of several within a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested in this Company.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
  • The Company could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Company.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The return on your investment is directly related to the prevailing market price of the Company's shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the Company. As a result, losses (or gains) may be higher or lower than those of the Company's assets.
  • The Company may use gearing (borrowing to invest) as part of its investment strategy. If the Company utilises its ability to gear, the profits and losses incurred by the Company can be greater than those of a Company that does not use gearing.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 5p each can be recommended by IFAs to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.
  • The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.
  • The Company underwent a 10 for 1 stock split on 7 February 2022; comparative NAV, share price and dividend figures have, where possible, been adjusted to reflect this, but historic dividends and earnings per share up to 7 February 2022 may reflect the previous position, unless otherwise stated.
  • Some documents are available in alternative formats. Click here for information on how to request them.