Title: IO14 PRIIP KID URL Source: https://doc.morningstar.com/document/bcc0393fa52dd117f7a8f0c0c2c36215.msdoc/?clientid=ajbell&key=805803a4ca9fc338 Markdown Content: KEY INFORMATION DOCUMENT # Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. # Product # European Assets Trust PLC ISIN: GB00BHJVQ590 This Key Information Document (KID) is issued and approved by Columbia Threadneedle Investment Business Limited. Authorised and regulated in the UK by the Financial Conduct Authority. Date of Production: 06/06/2025 # What is this product? This product is a closed-end Investment Company incorporated in England and listed on the London Stock Exchange. The Company's investment objective is to achieve growth of capital through investing in equities (ordinary shares in companies listed on a stock market) of small and medium-sized companies in Europe, excluding the United Kingdom. These are defined as those with a market capitalisation below or equal to that of the largest company in the MSCI Europe Ex UK SMID Cap Index. The Company will not invest more than 20 per cent of its total assets in any one company and does not take legal or management control of any company in which it invests. As part of an active investment strategy the Company does not restrict its investments to any specific industrial or geographical sector; a diversified geographical spread is maintained. The Company does not seek to create a portfolio to take advantage of anticipated currency fluctuations. The Company has the ability to undertake stock lending activities but does not anticipate doing so. The Company has the powers under its Articles to borrow an amount up to 20 per cent of its securities portfolio. The Company has a high distribution policy: barring unforeseen circumstances, it will pay an annual dividend equivalent to 6 per cent of the net asset value of the Company at the end of the preceding year. The dividend is funded from a combination of current year net profits and historic other reserves. The Company has a simple capital structure, being financed exclusively by the issue of ordinary shares. # ! # What are the risks and what could I get in return? The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets. # 1 2 3 4 5 6 7 Lower risk Higher risk The risk indicator assumes you invest in the Company for five years. The actual risk can vary significantly if you sell your shares at an early stage and you may get back less than you invested. You may not be able to sell your shares easily or you may have to sell at a price that significantly impacts on how much you get back. You will incur costs in buying and selling your shares. We have classified this product as 4, which is a medium risk class. This rates the potential losses from future performance at a medium level. In periods when market conditions are poor, the value of your investment may fall and may impact the amount you get back in the long term. Be aware of currency risk: The Company’s assets are denominated in Euros or other continental European currencies. The majority of its shares are traded in Sterling on the London Stock Exchange. The returns to UK-based shareholders are therefore subject to the fluctuations in the relative strength of Sterling against its European counterparts. The value of your investment can go down as well as up. You may lose some or all of your investment. The Company does not provide any protection from future market conditions and regulatory changes. There can be no assurances that the objective of the company will be achieved or that dividend distributions will continue to be made. The use of gearing can enhance returns to investors in a rising market, but if the market falls the losses may be greater. Page 1 of 3Investment performance information The main factors likely to affect future returns are the European economic outlook which will be a key driver for corporate earnings and interest rates which will influence stock valuations. Aside from these and other macro-drivers, stock selection will be the main driver of returns. Asset allocation between markets and sectors on the investment portfolio will also contribute to the future returns. Gearing will also make a difference given the Company's policy to use this strategically. An appropriate comparator benchmark for reviewing performance is the MSCI Europe Ex UK SMID Cap Index. However, as the investment trust is actively managed, it is not constrained by this benchmark and has significant freedom to invest in a portfolio that is materially different to the benchmark’s own composition. As such the performance and volatility of the investment trust will vary significantly to that of the benchmark. What could affect my return positively? The conditions that would be conducive to the investment trust generating positive returns would be a positive outlook for the European economy, lower interest rates and political stability. Good stock selection and asset allocation, as well as the impact of gearing can also impact returns positively. What could affect my return negatively? The conditions that would be conducive to the investment trust generating lower returns or losses would be a deterioration in the outlook for the European economy, higher interest rates and negative geopolitical events. Poor stock selection and asset allocation, as well as the impact of gearing can also impact returns negatively. If the investment trust is sold under severely adverse market conditions, you may increase the risk of receiving back significantly less than you invested. # What happens if the Company is unable to pay out? The Company's shares are listed on the London Stock Exchange. Should the Company be liquidated, the amount you receive for your holding will be based on the value of assets available for distribution after all other liabilities, but before shareholders, have been paid. Shareholders in this company do not have the right to make a claim to the Financial Services Compensation Scheme in the event that the Company is unable to pay out. # What are the costs? Costs incurred in the running of the Company are disclosed within the Company’s latest Annual Report and, in accordance with the Association of Investment Companies guidance, are disclosed monthly within the Company Factsheet as an Ongoing Charge. The latest published Ongoing Charge for the Company (expressed as a percentage of average net assets) was 1.04%. For the avoidance of doubt this charge does not represent an additional cost to you in acquiring shares in the Company, it represents the operating costs borne by the Company that are reflected within the Company’s Net Asset Value and ultimately in the Share Price you pay in acquiring the Company’s shares. Depending on how you acquire or dispose of shares in the Company, you may be charged additional costs, these may include broker commission, platform fees, advisory fees and/or stamp duty. Details of any additional costs, together with the impact that all costs will have on your investment over time, will be provided by your chosen platform or adviser. This disclosure has been prepared with reference to the FCA’s statement on 19 September 2024 that Investment Trusts are no longer required to follow the historical cost disclosures under the PRIIPs Regulation. It therefore does not seek to comply with the requirements of the UK PRIIPS Regulation in all respects.’ Page 2 of 3How long should I hold it and can I take money out early? Recommended holding period: 5 years European Assets Trust PLC has an unlimited life. The Company’s objective is designed for investment over longer periods. You should be prepared to invest over at least five years. You may, however, sell your shares at any time without penalty through a broker, private investor, plan administrator or adviser. The price at which you sell your shares will be determined at arms’ length based on trading prices at the time on the London Stock Exchange and will not necessarily be equal to the net asset value per share of European Assets Trust PLC. The share price is updated regularly on the website www.europeanassets.co.uk # How can I complain? CT Plans: If you have concerns about this product or service and have purchased it through a CT Plan, you can contact us by writing to Investor Relations Manager, Columbia Threadneedle Investment Business Limited, PO Box 11114, Chelmsford, Essex, CM99 2DG, via email at investor.relations@columbiathreadneedle.com, or by phone: 0345 601 3313 (9am - 5pm weekdays). Direct Shareholders: If you have concerns about this product and have purchased it through another provider, then please contact the Company Secretary by writing to them at European Assets Trust PLC, Cannon Place, 78 Cannon Street, London, EC4N 6AG, UK or by phone 020 7628 8000. Should you have a complaint about any transaction through your broker, plan administrator or adviser, you should contact that person or organisation directly. As a shareholder of European Assets Trust PLC, you do not have a right to complain to the Financial Ombudsman Service (FOS) in the UK about the management of this company. # Other relevant information You may obtain further information about European Assets Trust PLC from the website www.europeanassets.co.uk including this document; the last five years’ annual and interim reports; the Investor Disclosure Document; and the latest share price. Alternatively, you may write to the Company Secretary, European Assets Trust PLC, Cannon Place, 78 Cannon Street, London, EC4N 6AG, UK. The shares of European Assets Trust PLC are excluded from the UK Financial Conduct Authority’s (FCA) restrictions, which apply to non-mainstream pooled investments as the Company’s portfolio is wholly made up of shares and public securities which are not themselves issued by other investment funds. The Company conducts its affairs so that its shares can be recommended by financial advisers to ordinary retail investors in accordance with the FCA rules relating to non-mainstream investment products and intends to continue to do so. Page 3 of 3