Montanaro European Smaller Companies Fund USD Inc

Register to Unlock Ratings
Performance History31/07/2022
Growth of 1,000 (GBP) Advanced Graph
Montanaro European Smaller Companies Fund USD Inc
Fund-7.928.316.121.3-24.6
+/-Cat10.08.1-3.43.0-5.2
+/-B’mrk7.04.25.65.2-8.7
 
Key Stats
NAV
10/08/2022
 USD 3.70
Day Change 2.39%
Morningstar Category™ Europe Small-Cap Equity
ISIN IE00B1FZRQ18
Fund Size (Mil)
10/08/2022
 EUR 447.35
Share Class Size (Mil)
10/08/2022
 EUR 0.42
Max Initial Charge -
Ongoing Charge
01/01/2022
  1.59%
Morningstar Research
Analyst Report

Montanaro European Smaller Companies follows a long-established process and is supported by a dedicated analyst team. The style has faced headwinds of late, following a number of years in vogue, but we back the manager’s stock-picking skills, and...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: Montanaro European Smaller Companies Fund USD Inc
The investment objective of the Fund is to outperform its Benchmark. The Fund shall invest primarily in Small Cap companies quoted in the European Union, the United Kingdom, Iceland, Norway and Switzerland whose market capitalisation shall not exceed that of the largest unadjusted market capitalisation of any of the constituents of the Benchmark at the time of initial investment. No unquoted investments are permitted.
Returns
Trailing Returns (GBP)10/08/2022
YTD-24.66
3 Years Annualised4.37
5 Years Annualised5.49
10 Years Annualised9.22
12 Month Yield 0.00
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
George Cooke
01/07/2018
Inception Date
13/02/2001
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe Small Cap PR EURMSCI Europe Small Cap NR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNo
OtherNot Specific
Portfolio Profile for  Montanaro European Smaller Companies Fund USD Inc31/07/2022
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.260.0097.26
Bond0.000.000.00
Property0.000.000.00
Cash2.740.002.74
Other0.000.000.00
Top 5 Regions%
Europe - ex Euro35.24
Eurozone33.78
United Kingdom29.06
Asia - Developed1.15
United States0.77
Top 5 Sectors%
Technology21.33
Industrials19.24
Healthcare18.12
Consumer Cyclical11.35
Basic Materials8.43
Top 5 HoldingsSector%
Sartorius Stedim Biotech SAHealthcareHealthcare4.28
IMCD NVBasic MaterialsBasic Materials4.11
MTU Aero Engines AGIndustrialsIndustrials2.90
4imprint Group PLCCommunication ServicesCommunication Services2.51
VZ Holding AGFinancial ServicesFinancial Services2.46
Montanaro European Smaller Companies Fund USD Inc

Related

* This share class has performance data calculated prior to the inception date, 2001-02-13. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)