Top Rated European Trusts at a Discount

Two highly rated trusts from Jupiter and Henderson are now trading at a discount as European equity investors worry about recession, Brexit and Italy

David Brenchley 5 February, 2019 | 1:51PM

Italian flag, recession, Europe, European Union, eurozone, investment trusts

In 2018, picking out investment trusts that looked potentially cheap, having slipped to wider-than-usual discounts, was not hard. Emerging markets accounted for the lion’s share through the first part of the year, before Asia picked up the baton as the months went on.

After a broad-based market correction in the final three months of the year, 2019 has started much more sanguinely. Many markets have recovered their poise amid renewed hope a trade deal between the US and China can be agreed and an increasingly dovish US Federal Reserve.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Fidelity European Values Ord253.74 GBX0.49
Henderson European Focus Trust Ord1,180.91 GBX0.50
Jupiter European Opportunities Ord759.09 GBX0.01
Montanaro European Smaller Ord1,219.55 GBX3.35

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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