Update note from QuotedData
Montanaro European Smaller C.TstPLC
28 July 2026
Montanaro European Smaller Companies - Update note from QuotedData
28 July 2026
Ready for a growth revival
Montanaro European Smaller Companies (MTE) is a growth-focused European smaller companies fund. It has faced strong headwinds in recent years as value investing has been more popular in Europe and elsewhere. Earlier this year, performance was hurt by a sell-off in software shares as investors weighed the potential impact of agentic artificial intelligence. More recently, MTE's performance has recovered, for reasons set out in this note, and the manager remains optimistic.
Steps announced by the board last year have had early success in supporting shareholder value. The second 5% tender offer has just completed, and the trust's share price discount to net asset value (NAV) has traded in single figures for over a year, in line with MTE's discount policy.
Full Research:
https://quoteddata.com/research/montanaro-european-smaller-companies-ready-for-a-growth-revival-qd/
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