Montanaro European Smaller Companies Trust Plc (MTE)

Category Europe ex-UK Small/Mid-Cap Equity
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This investment trust can be held in an Investment ISA, SIPP and Investment Account
Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.
Sell

164.00p

Buy

165.00p

arrow-down-4.00p (-2.38%)

Discount/Premium

-7.26%

Estimated NAV

176.844p

Prices updated at 23 May 2025, 16:41 BST
| Prices minimum 15 mins delay
|
Prices in GBX
Investment objective
To achieve capital growth by investing principally in Continental European quoted smaller companies.
FTSE All-Share
arrow-down-0.27%
LSE
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/04/2025

Asset allocation

Created with Highcharts 7.2.295.79% Stocks- Bonds4.21% Cash- Other- Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.22.042.0444.9644.965353United StatesEurozoneEurope - ex Euro

Market classification (%)

Created with Highcharts 7.2.2100100EmergingDeveloped

Top 10 holdings

Security nameSectorCountry% of assets
1Kitron ASA-Norway4.69
2VZ Holding AG-Switzerland4.42
3ATOSS Software SE-Germany4.30
4CTS Eventim AG & Co. KGaA-Germany4.23
5Plejd AB-Sweden3.85
6Belimo Holding AG-Switzerland3.74
7MTU Aero Engines AG-Germany3.72
8Reply SpA-Italy3.40
9Brunello Cucinelli SpA-Italy2.82
10IMCD NV-Netherlands2.69
Assets in top 10 holdings %

37.86%

Total no. of equity holdings

48.00

Total no. of bond holdings

-

Stock sectors

Montanaro European Smaller Companies Trust Plc
Europe ex-UK Small/Mid-Cap Equity

28.79%

Basic materials

5.92%
-

Con cyclical

10.48%
-

Financial svs

8.75%
-

Real estate

3.64%
-

53.94%

Comm services

4.42%
-

Energy

-
-

Industrials

19.49%
-

Technology

30.03%
-

17.27%

Con defensive

2.28%
-

Healthcare

14.99%
-

Utilities

-
-


Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


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