European growth fund | Funds | Liontrust Asset Management PLC
Liontrust - Cashflow Solution

European Growth Fund

James Inglis-Jones & Samantha Gleave

The Fund

The Fund has been managed since launch in November 2006 by James Inglis-Jones, with Samantha Gleave becoming co-manager in 2012. The Fund invests in companies listed in Europe excluding the UK, focuses on companies with strong cash flows and has an equally weighted and concentrated portfolio.

Download literature

The Cashflow Solution team

Liontrust Cashflow Solution team
James Inglis-Jones & Samantha Gleave

James Inglis-Jones and Samantha Gleave have over 40 years of combined experience and first worked together in 1998. James has previously managed money at Fleming Investment Management, JP Morgan Fleming and Polar Capital while Samantha formerly worked at Sutherlands Limited, Fleming Investment Management, Credit Suisse First Boston and Bank of America Merrill Lynch.

Read more

The Cashflow Solution Process

The process is based on the belief the most important determinant of shareholder returns is company cash flows. The fund managers invest in companies that generate strong cash returns from their capital, appear cheap on those cash flows and are run by managers committed to an intelligent use of capital.

Read more

Fragile market outlook no obstacle to investment conviction

James Inglis-Jones

The Cashflow Solution team has recently completed its annual forensic analysis of European companies’ reports and accounts, identifying ‘fragile market conditions’. With the European Central Bank... Read more

Awards and ratings

Money Observer Fund Awards - Best Europe Fund - Liontrust European Growth
Liontrust European Growth Fund
Money Observer Fund Awards 2017 - Best Europe Fund
Investment Week Fund Manager of the Year Awards 2017 - Liontrust European Growth Fund
Liontrust European Growth Fund
IW Fund Manager of the Year Awards 2017 - Europe
FE Crown Rated - 5
Liontrust European Growth Fund
FE Crown Rating: 5
Rayner Spencer Mills - R Rated Fund
Liontrust European Growth Fund
Rayner Spencer Mills rated

Latest fund update

European Growth Fund

Read the latest update for the Liontrust European Growth Fund.



Read more

Citywire - Fund Manager rated A
James Inglis-Jones
Citywire Manager rating: A
Citywire - Fund Manager rated A
Samantha Gleave
Citywire Manager rating: A
Morningstar Sustainability rated 5
Liontrust European Growth Fund
Morningstar Sustainability Rating: 5
Square Mile Rated A - Liontrust
Liontrust European Growth Fund
Square Mile rating: A

Performance

Discrete performance

30-06-2017 -
30-06-2018
30-06-2016 -
30-06-2017
30-06-2015 -
30-06-2016
30-06-2014 -
30-06-2015
30-06-2013 -
30-06-2014
Liontrust European Growth 5.02% 29.34% 18.89% -1.44% 14.22%
IA Europe Excluding UK 3.11% 29.15% 4.46% 4.15% 13.91%
MSCI Europe ex UK 2.74% 21.57% -9.63% 10.43% 24.23%
Liontrust European Growth
IA Europe Excluding UK
MSCI Europe ex UK
Cumulative performance

To previous working day 6 months 1 year 3 year 5 year 10 year Since launch
Liontrust European Growth 9.60% 9.00% 63.69% 75.34% 182.11% 182.75%
IA Europe Excluding UK 4.80% 3.37% 46.69% 55.83% 127.26% 111.18%
MSCI Europe ex UK 3.57% 2.42% 21.13% 42.78% 68.82% 40.57%
To previous working day
Liontrust European Growth
IA Europe Excluding UK
MSCI Europe ex UK

Key Risks

Past performance is not a guide to future performance. Do remember that the value of an investment and the income generated from them can fall as well as rise and is not guaranteed, therefore, you may not get back the amount originally invested and potentially risk total loss of capital. Investment in Funds managed by the Cashflow Solution team involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The Liontrust European Growth Fund holds a concentrated portfolio of stocks, if the price of one of these stocks should move significantly, this may have a notable effect on the value of the respective portfolio. The Liontrust Global Income Fund's expenses are charged to capital. This has the effect of increasing dividends while constraining capital appreciation.


Disclaimer

The information and opinions provided should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Always research your own investments and (if you are not a professional or a financial adviser) consult suitability with a regulated financial adviser before investing.


Source: Financial Express, total return, bid-to-bid. 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.


© 2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.  Past performance is no guarantee of future results.

Explore in detail

For more information (including prices) and to explore all of the Fund's share classes in more detail please visit our interactive fund centre.

Go

Key fund information

  • Launch date15/11/2006
  • IA sectorIA Europe Excluding UK
  • BenchmarkMSCI Europe ex UK
  • Fund size£167,214,800.00
  • Number of holdings36
  • Active Share91.21%
  • Historic yield1.14%

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.

Back to top