Fidelity European Trust PLC continues to retain its place as one of just 18 investment trusts on AJ Bell’s Select List. The investment specialists at what is one of the UK’s leading investment platforms analyse the investment trust market, looking at factors including price, performance and size to create their list of preferred investment trusts. Fidelity China Special Situations PLC and Fidelity Special Values also feature in the shortlist.
Below, you can view a short video of a conversation that co-portfolio manager Marcel Stötzel had with the team at AJ Bell, in which he provides an overview of the trust and investment approach.

Why consider investing in Fidelity European Trust PLC?

It is an uncertain time for the world and particularly for Europe. It is however vitally important for investors not to be blown off course. Good companies are still good companies and finding them remains the ‘secret sauce’ of any effective investment strategy.

We will remain focused on the companies in which we have invested and, in particular, on their ability to continue to grow their dividends. As always, we will ask ourselves if that rate of dividend growth is already discounted in the share price.

We continue to seek new opportunities to add to the portfolio at the right price and remain confident in those names we currently hold. This approach has historically served the portfolio well - including through the recent volatility of the last few months - and we see no reason to change course.

This interview with Marcel Stötzel is produced, recorded and distributed by Shares magazine which is published by AJ Bell Media, a part of AJ Bell.

Past performance
  Jan 2019 -  Jan 2020 Jan 2020 -  Jan 2021 Jan 2021 -  Jan 2022 Jan 2022 -  Jan 2023 Jan 2023 - Jan 2024
Net Asset Value 19.1% 8.0% 18.1% 9.9% 11.2%
Share Price 22.8% 11.3% 18.6% 7.8% 9.8%
FTSE World Europe ex-UK Total Return Index 15.0% 7.9% 13.8% 4.7% 8.8%
Past performance is not a reliable indicator of future returns.
Source: Morningstar as at 31.01.2024, bid-bid, net income reinvested.
©2024 Morningstar Inc. All rights reserved. The FTSE World Europe ex-UK Total Return Index is a comparative index of the investment trust.
Asset allocator 100 club winner 2023, Kepler income and growth rating

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