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Overview
ESG
Performance​
Investment Process​
Key Facts​
Fees & Charges​
Holdings
Literature​

CT (Lux) European Select 8EP EUR

Equity
SICAV
|
ISIN: LU1868840353

    This is a marketing communication. Please refer to the prospectus of the UCITS and to the KIID / KID before making any final investment decisions. 



    Asset Class
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    Equity
    Region of Investment
    Europe
    Domicile
    LU
    Share Class Currency
    EUR
    Price (NAV)
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    (as at 06 May 2025)
    €15.9262
    Price Change
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    (as at 06 May 2025)
    -0.55%Change down
    Fund Size
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    (as at 30 Apr 2025)
    €1.45bn
    SFDR Category
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    8

    Key Documents

    • Annual Report and Accounts, English Download Button
    • Interim Report and Accounts, English Download Button
    • KIID, English Download Button
    • Professional Investor Factsheet (Gross), English Download Button
    • Professional Investor Factsheet (Net), English Download Button
    • Prospectus, English Download Button
    • Private Investor Factsheet, English Download Button

    Overview

    Fund objective and policy

    The Fund aims to increase the value of your investment over the long term. The Fund invests at least two-thirds of its assets in shares of companies with growth prospects in Europe, excluding the UK, or companies that have significant operations there. The Fund’s “select” investment approach means it will typically hold a small number of investments compared with other funds. The Fund may use derivatives (complex instruments) for hedging purposes and may also invest in asset classes and instruments different from those stated above. The Fund is actively managed in reference to the FTSE World Europe ex UK Index. The index is broadly representative of the companies in which the Fund invests, and provides a suitable target benchmark against which Fund performance will be measured and evaluated over time. The index is not designed to specifically consider environmental or social characteristics. The fund manager has discretion to select investments with weightings different to the index, and that are not in the index, and the Fund may display significant divergence from the index. The Fund promotes environmental and social characteristics by integrating a range of responsible investment measures into the investment process, and ensures that the companies it invests in follow good governance practices. The Fund aims to compare favourably against the index over rolling 12-month periods when assessed using the Columbia Threadneedle ESG (environmental, social and governance) Materiality Rating model, which indicates how much exposure a company has to material ESG risks and opportunities. At least 50% of the Fund is invested in companies that have a strong rating. The Fund also commits to investing at least 20% of its assets in sustainable investments. The Fund excludes companies that derive certain levels of revenue from industries such as, but not limited to, coal and tobacco. It also excludes companies that have direct involvement in nuclear or controversial weapons, and companies determined to have breached international standards and principles. The fund manager engages with companies to encourage improvement of their ESG practices. Columbia Threadneedle Investments is a signatory to the Net Zero Asset Managers Initiative and has committed to an ambition to reach net zero emissions by 2050 or sooner for a range of assets, including the Fund. The fund manager uses its proactive engagement with companies to assist with progressing this and may disinvest from those not meeting the minimum standards. Further information about the environmental or social characteristics promoted by the Fund is available in the SFDR RTS Annex of the Prospectus available at www.columbiathreadneedle.com. The Fund is considered to fall within the scope of Article 8 of SFDR.

    Fund Managers

    Benjamin Moore
    Portfolio Manager

    Environmental, Social and Governance Introduction

    At Columbia Threadneedle Investments we incorporate financially material ESG factors in our research and decision-making with the objective of delivering stronger, long term risk-adjusted returns. Different funds may put more emphasis on ESG factors and some may have specific ESG objectives. The classifications, disclosures and policies below are provided to inform your investment decisions.

    SFDR Category
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    8

    Sustainability-related disclosures

    • RI Fund Summary, English Download Button
    • SFDR Periodic Disclosure (PD), English Download Button
    • SFDR Pre-Contractual Disclosure (PCD), English Download Button
    • Statement on principal adverse impacts of investment decisions on sustainability factors, English Download Button
    • Sustainable Finance Disclosure Regulation - Article 10, English Download Button
    • Task Force on Climate-Related Financial Disclosures (TCFD) – Product Level Report, English Download Button

    Performance

    Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The return of your investment may change as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation.

    Significant Events

    Fund Changes

    For detailed information on Fund Changes please see "Significant Events - Threadneedle (Lux) Funds" PDF available on www.columbiathreadneedle.com/en/changes//

    Key Risks

    • The value of investments can fall as well as rise and investors might not get back the sum originally invested.
    • Where investments are in assets that are denominated in multiple currencies, or currencies other than your own, changes in exchange rates may affect the value of the investments.
    • The Fund has a concentrated portfolio (holds a limited number of investments and/or has a restricted investment universe) and if one or more of these investments declines or is otherwise affected, it may have a pronounced effect on the Fund’s value.
    • The Fund may invest in derivatives (complex instruments linked to the rise and fall of the value of other assets) with the aim of reducing risk or minimising the cost of transactions. Such derivative transactions may benefit or negatively affect the performance of the Fund. The Manager does not intend that such use of derivatives will affect the overall risk profile of the Fund.
    • An investment style bias can impact a Fund’s performance relative to its benchmark in a positive or negative way. No investment style performs well in all market conditions. When one style is in favour another may be out of favour. Such conditions may persist for short or long periods. A Fund exhibits a growth style bias relative to its benchmark if the majority of the Fund invests in companies with above average growth rates, or good growth potential (based on indicators such as earnings and sales growth) relative to its benchmark. However, there is no guarantee that such companies will continue to show such characteristics in the future. A Fund’s investment style may also change over time.
    • The Fund applies a range of measures as part of its consideration of ESG factors, including the exclusion of investments involved in certain industries and/or activities. This reduces the investable universe, and may impact the performance of the Fund positively or negatively relative to a benchmark or other funds without such restrictions.
    • The fund typically carries a risk of high volatility due to its portfolio composition or the portfolio management techniques used. This means that the fund’s value is likely to fall and rise more frequently and this could be more pronounced than with other funds.
    • The risks currently identified as applying to the Fund are set out in the "Risk Factors" section of the prospectus.

    Investment Process

    The fund invests mainly in Continental European equities and typically holds between 45 and 65 positions. The fund focuses on our highest-conviction ideas, and the portfolio manager can take significant stock and sector positions.

    Research is carried out by our European team across a wide range of stocks including mid-sized and smaller companies, although the prime focus for this fund is on larger companies. Access to company management is an important part of our research process and we have over 1000 contacts with management per annum. We use this research to select companies which can generate and sustain high returns on capital via successful business models. This usually means that the companies have competitive advantages which boost pricing power and we use Professor Michael Porter’s framework, “Porter’s Five Forces”, to assess this. The market assumes that these competitive advantages will fade over time; we seek companies which can resist this tendency and are therefore undervalued.

    We are not constrained by mechanistic limits on sector and country weightings, barring those which are required under applicable regulations.

    Key Facts

    Fees & Charges

    Full Portfolio Holdings

    Fund holdings are as of the date given, as at global close (not official NAV time), are subject to change at any time and are not recommendations to buy or sell a security. All holdings are shown as a percentage of total market value in fund base currency and include accrued (earned but not yet received) income from underlying investments within (or part of) the fund's holding in the issuer. For information on this fund's full portfolio of investments, please consult the fund's annual and semi-annual reports by clicking the links available on this website.

    Literature

    Regulatory Documents

    • Annual Report and Accounts, English Download Button
    • Extraordinary General Meeting Notice, English Download Button
    • Fund reporting Fund Status, English Download Button
    • Instrument of Incorporation, English Download Button
    • Interim Report and Accounts, English Download Button
    • KIID, English Download Button
    • Prospectus, English Download Button
    • Prospectus appendix - Dilution Adjustment Rates, English Download Button

    Fund Literature

    • Fund Profiles, English Download Button
    • Monthly Commentary, English Download Button
    • Professional Investor Factsheet (Gross), English Download Button
    • Professional Investor Factsheet (Net), English Download Button
    • Quarterly Commentary, English Download Button
    • Private Investor Factsheet, English Download Button
    • RI Fund Summary, English Download Button
    • SFDR Periodic Disclosure (PD), English Download Button
    • SFDR Pre-Contractual Disclosure (PCD), English Download Button
    • Statement on principal adverse impacts of investment decisions on sustainability factors, English Download Button
    • Sustainable Finance Disclosure Regulation - Article 10, English Download Button
    • Task Force on Climate-Related Financial Disclosures (TCFD) – Product Level Report, English Download Button
    Download All

    Fund Managers

    Benjamin Moore
    Portfolio Manager

    Benjamin Moore is a portfolio manager in the European equities team and manages the European select strategy. Benjamin joined the European equities team in 2015 as an analyst for small European companies. In this role, he was also deputy portfolio manager of the European smaller companies strategy. Benjamin spent six years with Goldman Sachs, where he worked as an equity analyst within the European mid cap team. Benjamin holds an MA in History of Art from Cambridge University and studied Music at the University of the Arts, Berlin. He holds the CFA designation.

    Important Information

    Your capital is at risk. Columbia Threadneedle (Lux) I is a Luxembourg domiciled investment company with variable capital ("SICAV"), managed by Threadneedle Management Luxembourg S.A.. This material should not be considered as an offer, solicitation, advice or an investment recommendation. This communication is valid at the date of publication and may be subject to change without notice. Information from external sources is considered reliable but there is no guarantee as to its accuracy or completeness. The SICAV´s current Prospectus, the Key Investor Information Document (KIID)/ Key Information Document (KID) and the summary of investor rights are available in English and/ or in local languages (where applicable) from the Management Company Threadneedle Management Luxembourg S.A., International Financial Data Services (Luxembourg) S.A., your financial advisor and/or on our website www.columbiathreadneedle.com. Threadneedle Management Luxembourg S.A. may decide to terminate the arrangements made for the marketing of the SICAV. Issued by Threadneedle Asset Management Limited. Registered in England and Wales, No. 573204. Registered Office: 78 Cannon Street, London EC4N 6AG, United Kingdom. Authorised and regulated in the UK by the Financial Conduct Authority.

    Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2025. FTSE Russell is a trading name of certain of the LSE Group companies. FTSE®, Russell®, FTSE Russell®, MTS®, FTSE4Good®, ICB®, Mergent®, The Yield Book® are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.