Montanaro Uk Smaller Cos Investment Trust plc (MTU) ORD GBP0.02
Sell:105.00p
Buy:105.50p
0
Change:
0.50p
(0.48%)
0.50p
(0.48%)
FTSE All Share:0.32%
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
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Sell:105.00p
Buy:105.50p
Change:
0.50p
(0.48%)
0.50p
(0.48%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Sell:105.00p
Buy:105.50p
Change:
0.50p
(0.48%)
0.50p
(0.48%)
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Objective
The Company seeks to achieve its objective and to manage risk by investing in a diversified portfolio of quoted UK small companies. At the time of initial investment, a potential investee company must be profitable and no bigger than the largest constituent of the NSCI, which represents the smallest 10% of the UK Stock Market by value. At the start of 2023 this was any company below £1.62 billion in size. The Manager focuses on the smaller end of this Index.
| Security | Weight |
|---|---|
| 4imprint Group plc Ord 38 6/13p Shares | 5.05% |
| Big Yellow Group Ordinary 10p | 4.84% |
| Games Workshop Group Ordinary 5p | 4.57% |
| Clarkson plc Ordinary 25p | 4.56% |
| Marshalls Plc Ord 25p Shares | 4.38% |
| DiscoverIE Group plc Ordinary 5p Shares | 4.31% |
| Greggs Plc Ord 2p | 4.25% |
| Cranswick plc Ordinary 10p | 3.73% |
| XPS Pensions Group Plc GBP0.0005 | 3.68% |
| Porvair plc 2p Ordinary Shares | 3.54% |
| Sector | Weight |
|---|---|
| Technology | 25.48% |
| Industrials | 21.26% |
| Consumer Defensive | 12.71% |
| Consumer Cyclical | 9.48% |
| Real Estate | 8.08% |
| Communication Services | 7.36% |
| Basic Materials | 4.38% |
| Financial Services | 2.93% |
| Healthcare | 1.68% |
| Country | Weight |
|---|---|
| United Kingdom | 90.87% |
| Singapore | 2.48% |
Fee Structure
Manager receives a management fee of 0.5% p.a. of GA and no performance fee.The Management Agreement is terminated by the Manager on giving 12 months notice.
Dividend Policy
The Company’s investment objective is to generate capital growth and this remains unchanged despite the dividend policy introduced in July 2018. Dividends are now paid each quarter equivalent to 1% of the Company’s NAV on the last business day of the preceding financial quarter, being the end of March, June, September and December.
ASSET SPLIT
Trust Manager
Charles Montanaro
Manager Bio
Charles Montanaro graduated with an honours degree in Anthropology from Durham University in 1976. He spent four years in industry before joining Merrill Lynch in 1980 as a private client broker in London. He joined Dean Witter Reynolds in 1984 and Drexel Burnham Lambert in 1987 as a Senior Vice President, where, in both cases, he was their top institutional broker in the UK, joining the high-yield bond department in 1989. In 1990, Charles joined MMG Patricof (now Apax Partners) as a Director of investment banking working with UK smaller companies.
In August 1991, he founded Montanaro to specialise in analysing and investing in quoted European smaller companies on behalf of leading institutions. He has since launched and managed several funds totalling over â¬1 billion and established a strong track record. In addition, he has served on the Boards of two public smaller companies. He was appointed a Director of the Montanaro European Smaller Companies plc on 12 January 2012.
Board Of Directors
Arthur CoppleChairman, Yuuichiro Nakajima, Annette Powley, Catriona Hoare
Data policy - All information should be used for indicative purposes only. You should
independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete,
and accepts no responsibility for how it may be used.
Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.