Edison Investment Research - Baillie Gifford European Growth Trust (EUITF) The European Investment Trust - Trade dispute weighing on investor sentiment

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Edison Investment Research

Mel Jenner

The European Investment Trust - Trade dispute weighing on investor sentiment

The European Investment Trust (EUT) is managed by Craig Armour at Edinburgh Partners (EP, which is now a wholly owned subsidiary of Franklin Templeton Investments). He aims to generate attractive investment returns from a diversified portfolio of continental European equities, employing a disciplined, valuation-based stock selection strategy. The manager believes investor sentiment has become too negative, on the back of slowing global growth in response to the US/China trade dispute. He says that as a result, many sectors of the European stock market â€“ including industrials and other cyclicals â€“ are looking attractively valued. EUTâ€™s board has a progressive dividend policy and the trust currently offers a yield of 3.5%, which is the highest for a non-income-focused fund within the AIC Europe sector.

07/01/2019 10 EN

Underlying

Baillie Gifford European Growth Trust

European Investment Trust is an investment trust company. Co. invests in a portfolio of Continental European securities. Edinburgh Partners Limited is the Investment Manager of Co. Edinburgh Partners AIFM Limited is the Alternative Investment Fund Manager.

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GB0003295010 United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Mel Jenner

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The European Investment Trust - Trade dispute weighing on investor sentiment

The European Investment Trust - Review of management arrangements

European Investment Trust (The) - Managing risk in a transition period

Datatec - FY24 underlying EPS more than doubles y-o-y

Pan American Silver - La Arena divestment

SenSen Networks - Time to scale

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