Page 1 of 2 | Morningstar Factsheets | All data as at 05 Feb 2015 unless stated otherwise Jupiter European Opportunities Trust PLC Morningstar Peer Group Classification Europe JEO Total Return Performance (GBP) over 5 years (or since inception) Investment Objective To achieve capital growth through investments in European securities. Valuation statistics (NAVs estimated1) GBX 05 Feb 2015 Price 499.00 Fair Cum NAV 489.95 Fair Ex NAV 492.88 Par Cum NAV 489.95 Par Ex NAV 492.94 Fair Cum Discount +1.69 Fair Ex Discount +1.09 Par Cum Discount +1.69 Par Ex Discount +1.23 Peer Group Discount -2.87 0.72 Z-Statistic2 12 m High 501.35 Low 382.50 494.44 402.23 +3.62 -5.68 Last Actual NAVs (GBX) as at 04 Feb 2015 Fair Cum NAV 490.55 Fair Ex NAV 493.48 Par Cum NAV 490.55 Par Ex NAV 493.48 Key Data Domicile Launch Date Financial Year-end Exchange Next AGM NAV Frequency Dividend Frequency Total Assets (GBP) Net Assets (GBP) Shares Outstanding Gross Gearing3 Net Gearing4 Average Daily Shares Traded (1yr) Average Daily Value Traded (1yr) Total Expense Ratio5 (2014) Market Capitalisation (GBP) Net Dividend Yield6 UK 22 Nov 2000 31 May London (LSE) Nov 2015 Daily Annual 516.3m 466.9m 94,717,681 111 109 0.109m 0.785m 1.06% 472.6m 0.70% Performance (Total Return %)8 GBP 1 month 3 months Price +7.31 +14.32 NAV +6.06 +12.87 Peer Group (Price) +6.56 +8.95 Peer Group (NAV) +6.43 +9.00 Benchmark +6.53 +5.48 6 months +19.91 +16.02 +14.05 +11.03 +5.38 1 year +17.81 +16.25 +13.13 +10.86 +7.78 YTD +7.49 +6.03 +5.20 +5.72 +4.86 3 years +100.34 +75.66 +70.68 +54.52 +35.24 5 years +187.35 +150.13 +94.05 +76.92 +53.20 Peer Group: Morningstar IT Europe P Morningstar Benchmark: MSCI AC EUROPE Fund distributions reinvested on ex-dividend date8 Dividend Yields over 5 years (or since inception) Dividend Policy The fund intends to pay annual dividends Year-on-Year Dividend Growth % (financial year 31 May) 2015 0.00 2014 0.00 2013 89.19 2012 - 2011 - Distributions (GBP) over 5 years (or since inception) Dividend Growth % (annualised on current financial year)7 1 year 0.00 2 years 0.00 3 years 23.68 4 years 0.00 5 years 0.00 Directors Hugh M. Priestley (Chairman), Philip E.F. Best, Alexander F.C. Darwall, Andrew Sutch, John D.A. Wallinger Fund Manager: Alexander F.C. Darwall (22 Nov 2000) Jupiter Asset Management 1 Grosvenor Place, London, UK, SW1X 7JJ Telephone: +44 (0)20 7412 0703 Website: www.jupiteram.com/JEO Stockbroker: Cenkos Securities Plc Management Fee Summary Management fee calculated quarterly at 0.1875% of Total Assets. Performance fee equals 15% of the amount by which the NAV exceeds the total return on the Benchmark Index. Agreement terminable on one years notice. Latest Dividend History (GBp) Type Income Income Income Dividend Declared Date 3.500 02 Sep 14 3.500 15 Aug 13 1.850 24 Jul 12 Ex Div Date 10 Sep 14 21 Aug 13 05 Sep 12 Record Date 12 Sep 14 23 Aug 13 07 Sep 12 Payment Date 10 Oct 14 27 Sep 13 28 Sep 12 Financial Year 2014 2013 2012 Initial Public Offering 82,939,723 Ordinary shares at 1.00 GBP on 22 Nov 2000 raising 82.9m gross and 81.1m net of expenses The factbook pages are compiled by Morningstar and have no regard to the particular needs of any specific recipient. All price information is indicative only. Nothing herein is to be construed as a solicitation or an offer to buy or sell any financial products. The factbook pages are prepared by Morningstar and based on information obtained from sources believed to be reliable but are not guaranteed as being accurate, nor are they a complete statement of these securities. Morningstar accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or part of these factbook pages. Page 2 of 2 | Morningstar Factsheets | All data as at 05 Feb 2015 unless stated otherwise Jupiter European Opportunities Trust PLC JEO Risk & Return9 Discrete Monthly Price & NAV Total Return % (GBP) Sector Breakdown (%) Discrete Yearly Price & NAV Total Return % (GBP) Geographic Breakdown (%) Risk & Correlation Alpha (NAV) 11 Beta (NAV)12 R-squared (NAV)13 Sharpe (NAV)14 Price Volatility15 NAV Volatility15 Benchmark Volatility15 Peer Group Price Volatility15 Peer Group NAV Volatility15 3 months 0.13 0.70 0.58 3.53 14 13 15 11 13 6 months 0.08 0.78 0.65 2.14 16 13 14 13 14 1 year 0.84 0.86 0.68 1.41 14 13 13 11 12 3 years 0.94 0.83 0.69 1.66 15 14 16 12 14 5 years 0.88 0.95 0.80 1.16 18 19 21 16 18 Additional Performance (Total Return%8) GBX Largest Holdings (% Portfolio10) as at 31 Dec 2014 Provident Financial Wirecard Reed Elsevier NV Novo-Nordisk Syngenta AG Novozymes Experian Group Ltd Fresenius SE & Co KGaA Inmarsat Johnson Matthey Total Capital Structure Number of Shares 94,717,681 Loan CCY GBP EUR 9.2% 9.1% 7.7% 7.6% 6.6% 6.2% 5.8% 5.4% 4.3% 4.3% 66.1% Share Type Ord 1p £m 12.0 37.4 Redemption Period 2015 2014 2013 2012 2011 2010 Since FTSE 2009 Low (13 Mar 09) Since Sub-Prime (20 Nov 07) Since FTSE 2007 Peak (13 Oct 07) Price +7.49 +7.47 +23.87 +53.83 -11.36 +42.24 +426.83 +149.75 +124.82 NAV Peer Price +6.03 +5.20 +9.07 +6.06 +26.26 +28.83 +30.80 +29.84 -8.81 -11.63 +36.38 +6.49 +328.68 +187.31 +144.33 +62.43 +117.61 +49.86 Peer NAV Benchmark +5.72 +4.86 +2.88 -0.92 +26.80 +22.08 +22.46 +14.90 -12.83 -10.56 +11.02 +8.37 +157.96 +130.54 +54.81 +32.89 +44.50 +26.18 Wind-up Provisions/Buy Back Policy Shares repurchased may be held in treasury. The Company has the authority to repurchase up to 14.99% of the issued share capital. A rolling continuation vote will be put to shareholders at the AGM in 2017, and every third AGM thereafter. At the last AGM the special resolution to give notice of General Meetings at not less than 14 clear days notice was approved. Coupon 1.244% 1.283% Net Dividend Yield – This is calculated by dividing the current financial years dividends (this will include prospective dividends) by the current price. Dividend Growth – The annualised percentage growth in dividends. Based upon the current financial year, including any future estimates or forecasts. Performance – Calculated using start and end period Share Prices or NAV Dividends are reinvested on the ex-dividend date at the prevailing Share Price or NAV. Risk & Return – 1 Year ex income par NAV total return performance against 1 Year NAV volatility. Please see notes 8 and 15 for performance and volatility definitions respectively. 2 10 Portfolio – In order to calculate the portfolio value we deduct any holdings in cash only (Note that Fixed Interest is not included). 11 Alpha – The difference between the fund’s average excess total return and the benchmark’s average excess total return. 3 12 Beta – The sensitivity of the fund to broad market movements. A Beta of 0.5 would imply the fund will move by half as much as the index. 4 13 R-squared – A measure of correlation between the fund and index. A value of 0.8 means that 80% of the fund’s NAV changes can be explained by changes in the index. 14 Sharpe – A risk-adjusted return measure, calculated by dividing the fund’s average monthly excess total return over the risk-free rate by the standard deviation of those returns. 5 The figure shown is the annualized Sharpe Ratio. 15 Volatility – The annualized standard deviation of the logged daily returns, adjusting for distributions from capital. The factbook pages are compiled by Morningstar and have no regard to the particular needs of any specific recipient. All price information is indicative only. Nothing herein is to be construed as a solicitation or an offer to buy or sell any financial products. The factbook pages are prepared by Morningstar and based on information obtained from sources believed to be reliable but are not guaranteed as being accurate, nor are they a complete statement of these securities. Morningstar accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or part of these factbook pages. 1 NAV Estimation - Fair value of debt refers to the market price of the debt if it is traded or, if it is not traded, an estimation of its value calculated using points over gilt methodology. Cum Income NAVs include net revenue in the financial year to date. All estimates are fully diluted for the effects of warrants, convertibles or treasury shares. NAV estimations are created and maintained by Morningstar. For more detailed methodology document please contact [email protected] Z-Statistic 1y – Shows whether the fund’s current discount is significantly higher or lower than the average over the past year, calculated as (Current Discount – Mean) / Std Dev Gross Gearing – The ratio of estimated gross Assets to the Net Assets, expressed as a percentage Net Gearing – The ratio of estimated Gross Assets minus cash and fixed interest to the Net Assets, expressed as a percentage. Cash and fixed interest represents not-equity exposure. Total Expense Ratio – (Total Expenses – Performance Fees – Cost of Leverage – Tax – Restructuring Costs) / Average Net Assets 6 7 8 9
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