Fidelity European Trust PLC continues to retain its place as one of just 16 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 Europe is no exception. 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 

  

Feb 2020 -  Feb 2021 

Feb 2021 -  Feb 2022 

Feb 2022 -  Feb 2023 

Feb 2023 -  Feb 2024 

Feb 2024 - Feb 2025 

Net Asset Value 

11.3% 

15.7% 

14.4% 

13.7% 

7.3% 

Share Price 

13.9% 

15.9% 

14.6% 

11.9% 

9.6% 

FTSE World Europe ex-UK Total Return Index 

14.4% 

8.9% 

10.0% 

10.7% 

10.5% 

Past performance is not a reliable indicator of future returns. 
Source: Morningstar as at 28.02.2025, bid-bid, net income reinvested. 
©2025 Morningstar Inc. All rights reserved. The FTSE World Europe ex-UK Total Return Index is a comparative index of the investment trust. 

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News & Insights - European Values PLC

Annual Results 2024

Final Results for the year ended 31 December 2024


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