It wasn’t only the British stock market that felt the force of the heavy investor sell-off towards the end of last year. Exchanges across Europe, from France to Germany to Spain, suffered amid the gloom, in their case compounded by fears of an economic slowdown across the European Union and the imminent end of a fiscal stimulus programme by the bloc’s central bank.
None of this did any favours for the Jupiter European Opportunities Trust, shares of which had hit a peak of 895p at the end of August last year before the sell-off began and then lost close to a fifth of their value.
The trust was launched in November 2000 and its main brief is to try to generate capital growth by investing