Re: Prov Financial Not to sure of the total charges per year here with the 15% performance charge.
Prov Financial Caught by profit warning at PF ( 7.5% of fund) on last factsheet..Thank god I only buy trusts now and stopped stock picking some time ago. Hopefully Alex Darwall has got a handle on this and can top up on the cheap - also Woody and Barnet got caught.
A very good zoom actually .... especially when considering what other European funds have been doing post -ref, andpost- euro issues .....SAGE
Re: Lost its way good to see JEO finding its feet again, as it invariably does over time. On a bit of a tear last few months.
NEW ARTICLE: Europe: basket case or buying opportunity? "For the contrarian investor who follows the sage advice of Sir John Templeton that the time to buy is at the point of "maximum pessimism", Europe ticks all the boxes.It sounds risky and paradoxical, but in terms of valuations Europe trumps other ..."[link]
Re: Lost its way I wonder if Darwall's step back has discouraged holders. However, the timing does not really fit that as a reason. The discount has increased to around 10% over the past two sessions. Brexit should affect the whole market not just JEO.Interesting times!
Re: Lost its way in fact I just read on the FT that Darwall is financially assisting the exit campaign FWIW
Re: Lost its way hi there, I don't know specifically why its holdings are down this year. But, this fund often goes through periods like this - look at the performance 2 or 3 years ago for example it was last out of 8 Euro ITs - yet it always bounces back and is 1st out of 8 over 5 years. Reason being, it just holds the same bunch of just a few stocks, and doesn't follow the market.It has worried me before but I've always held on, and glad I did so.God knows what effect a Brexit would cause though!
Lost its way Anyone any idea why this previous high flyer appears to have lost its way?