European Fund

An investment in companies across Europe

European Fund at a glance

Risk level Progressive
What are the different risk levels?
Minimum investment: Lump sum from £1,000
Regular savings plan from £50 per month
What is the regular savings plan?
Up front fee: 5% of your investment
Currencies available:
  • Sterling
  • Euro
  • US dollar
Fund switching: Fee-free switching to any fund offered by Lloyds TSB Offshore Fund Managers Limited

Latest fund prices and yields

Use the online enquiry form if you have a question.

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How does the European Fund work?

The European Fund lets you invest in European businesses without having to open accounts in other countries. It invests in companies based in European countries outside the UK and aims to deliver long-term capital growth.

You can invest anything from £1,000, or as little as £50 per month with our regular savings plan.

You can check your investment value online at any time with our online portfolio service, or request a paper statement.

Whenever you want to access your money, just sell some or all of your shares in the Fund – there are no penalty fees.

We have a dedicated call centre where you can speak directly to a fund representative.

What will I be investing in?

Equities: the European Fund buys shares in European companies that the Investment Manager thinks are undervalued, without giving any preference to particular countries or sectors.

Read our guide to the different types of investment.

How long should I plan to invest for?

You should plan to invest for the medium or long term, with money that you won't need to use in the next 5 years.

A short-term investment in equities has a very high level of risk, as markets are volatile. All equity investments carry less risk over the longer term.

Use the online enquiry form if you have a question.

Start application for this fund

What's the level of risk?

Progressive: For the investor looking to achieve real long-term capital growth/income. There is an increased risk of loss to capital. Income and growth may fluctuate and you may get back less than you invested.

Read our guide to the different risk levels.

Use the online enquiry form if you have a question.

Start application for this fund

Who is the European Fund for?

Choose the European Fund if you're looking for:

  • a simple way to invest in European companies: for example, if you think European shares will perform well in the next 5 to 10 years.
  • long-term capital growth: you're planning to invest for 5 years or more and you don't need a quick return or a regular income from your investment.
  • a strategy that involves some risk: you are prepared to accept the possibility that your investment will fall in value in the short term.

Who is the European Fund not for?

The European Fund is not the right choice you if:

  • you need a regular income from your investment: if you need a regular, predictable income – for example, to supplement a pension – take a look at our income funds.
  • you want to protect your capital: the European Fund invests in equities, which means it doesn't offer complete protection for your capital. Choose a lower-risk fund from our Savings and Investments Finder.

Use the online enquiry form if you have a question.

Start application for this fund

More information

Find out more about the Fund portfolio: Lloyds TSB Offshore Funds Limited European Fund Factsheet (PDF)

Download the key Fund features: Lloyds TSB Offshore Funds Limited Key Features Document (PDF)

Read the full terms and conditions: Lloyds TSB Offshore Funds Limited Prospectus (PDF)

Download the interim report and unaudited financial statements: Lloyds TSB Offshore Funds Limited Interim Report and Accounts (PDF)

Download the annual report and audited financial statements: Lloyds TSB Offshore Funds Limited Annual Report and Accounts (PDF)

Use the online enquiry form if you have a question.

Start application for this fund

It should be remembered that the value of shares and the income from them can go down as well as up and cannot be guaranteed. An investment in a currency other than the shareholder's own base currency or in a fund that invests in securities denominated in currencies other than its base currency will be subject to the movements of foreign exchange rates, which may cause an additional favourable or unfavourable change in value. Consequently, investors may, on selling their shares, receive an amount greater or less than their original investment.

Need help?

For information about our investments, please contact us.

From within the UK, call:
0800 055 6358

From outside the UK, call:
+44 (0) 1624 641825

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