The European Investment Trust Plc - Trade dispute weighing on investor sentiment

Edison Investment Research - Investment Companies - European Investment Trust (The): 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 - including industrials and other cyclicals - are looking attractively valued. EUT'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.

ISIN: GB0003295010

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