RCS - MonEuroSmllCosTst - Annual Overview from QuotedData
02/08/2023 12:45
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230802:nRSB0981Ia&default-theme=true RNS Number : 0981I Montanaro European Smaller C.TstPLC 02 August 2023 Montanaro European Smaller Companies - Annual overview from QuotedData 2(nd) August 2023 No Continental Drift Despite the headwinds it has faced - chief among them higher interest rates - Montanaro European Smaller Companies (MTE) remains committed to investing in high-quality, high-growth companies. MTE's manager, George Cooke, has been unflinching in his approach, making little change to MTE's portfolio other than increasing its concentration by trimming lower-conviction holdings. Over the long term, MTE's track record demonstrates the opportunities that small cap investing can present, aided by factors such as poor research coverage, with MTE continuing to be one of the best performing European small cap strategies available to investors. Yet despite this, the trust trades on a wide discount, currently 12.7%, as MTE has been swept up in the wider style-selloff, rather than being judged on its own merits. This may represent an attractive opportunity for long term investors. Full Research: https://quoteddata.com/research/montanaro-european-smaller-companies-continental-drift-qd/ (https://quoteddata.com/research/montanaro-european-smaller-companies-continental-drift-qd/) This research is also available free on our website www.quoteddata.com (http://www.quoteddata.com) where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required. NB: Marten & Co was paid to produce this note on Montanaro European Smaller Companies Investment Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority. QUOTEDDATA 50 Gresham Street | London EC2V 7AY Tel: +44 (0) 20 3691 9430 www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com (mailto:research@quoteddata.com) | www.martenandco.com (http://www.martenandco.com) This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRAUPUPCRUPWGGP