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European Assets Trust

LN: EAT

£440.7m market cap

267.39p last close

EAT is an investment company incorporated in the Netherlands and listed on the LSE and Euronext. It
targets capital growth through investment in quoted small- and medium-sized companies in Europe (ex-UK),
taking the HSBC Europe (ex-UK) Smaller Companies Index as benchmark. A high distribution policy has
been adopted; dividends have been paid from a combination of income and capital.

Investment summary

European Assets Trust (EAT) aims to achieve capital growth over the long term through investing in small- and medium-sized companies listed in Europe (ex-UK). Over the past 10 years to end-June 2019, the trust has delivered an annualised NAV total return of 15.1%. EAT also has an attractive 5.6% dividend yield, significantly higher than its peers, reflecting the board’s high distribution policy. The trust completed its legal migration to the UK from the Netherlands in March 2019; previously dual-listed in London and Amsterdam, EAT is now solely traded on the London Stock Exchange (LSE) and is a constituent of the FTSE SmallCap and FTSE All-Share indices.

Share price graph
Price performance
%
1m
3m
12m
Actual (1.2) (5.9) 1.9
Relative* (7.3) (7.4) (2.1)
52-week high/low 293.5p/262.5p
*% relative to local index
Key management
Sam Cosh Fund manager

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