European Assets Trust completes redomicile to the UK – European Assets Trust’s (EAT) has completed the move of its legal domicile from the Netherlands to the UK. There will not be any difference in the investment policy or dividend policy and the investment team will not change.
EAT believes there are benefits to migrating to the United Kingdom and they include:
- A simplified corporate structure. Since, EAT will be a UK resident investment trust it will be widely understood in the market
- One jurisdiction for current and future regulations
- A reduction on the ongoing charges rates
- Also the possibility of being a part of the FTSE UK Index Series
About the fund
EAT invests in quoted small and medium-sized companies in Europe ex-UK, with industrials, consumer goods & services and financials making up about three quarters of the fund’s exposure. The trust aims to deliver a dividend yield of 6%.
EAT: European Assets Trust completes redomicile to the UK