The Fund has been managed by Olly Russ since launch in December 2005 (the FP Argonaut European Income Fund merged with the Liontrust European Income Fund in July 2016) and aims to provide a high level of income along with some capital growth through holding a portfolio of mainly European companies.
• Past performance is not a guide to future performance. • Do remember that the value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested. • Investment in Funds managed by the European Income Team involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. • The Funds' expenses are charged to capital. This has the effect of increasing dividends while constraining capital appreciation.
• The information and opinions provided should not be construed as advice for investment in any product or security mentioned. • Always research your own investments and consult with a regulated investment adviser before investing.
Source: Financial Express. Total return, bid-to-bid. The FP Argonaut European Income Fund was launched on 15.12.05 and merged with the Liontrust European Income Fund on 08.07.16. The performance record of the Liontrust European Income Fund starts on 15.12.05, with Olly Russ managing the Fund since this date. Citywire information is proprietary and confidential to Citywire Financial Publishers Ltd ('Citywire'), may not be copied and Citywire excludes any liability arising out of its use.
Key fund information
IA sectorIA Europe Excluding UK
BenchmarkMSCI Europe ex UK
Number of holdings48
Fund size, number of holdings and active share data is as at previous month end. Historic yield and performance data is as at previous working day.
Historic yield: Reflects distributions declared over the past 12 months as a percentage of the mid-market unit price. It does not include any preliminary charge and investors may be subject to tax on their distributions.
Active Share: The percentage of a portfolio invested differently to its benchmark. A 100% active share is a portfolio with no weightings in the benchmark, a 0% active share is a portfolio identical to the benchmark.