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The European Smaller Companies Trust plc (ESCT) ORD GBP0.015625

Sell:177.40p Buy:178.00p 0 Change: 0.40p (0.23%)
FTSE 250:0.27%
Market closed Prices as at close on 11 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:177.40p
Buy:178.00p
Change: 0.40p (0.23%)
Market closed Prices as at close on 11 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:177.40p
Buy:178.00p
Change: 0.40p (0.23%)
Market closed Prices as at close on 11 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
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 capital growth by investing in smaller and medium sized companies which are quoted, domiciled, listed or have operations in Europe (ex UK).
Sector Weight
Industrials 35.17%
Technology 18.01%
Financial Services 13.99%
Consumer Cyclical 13.62%
Communication Services 6.94%
Basic Materials 5.88%
Healthcare 4.98%
Real Estate 4.17%
Energy 3.86%
Consumer Defensive 3.21%
Country Weight
Germany 21.41%
France 14.16%
Sweden 12.16%
Netherlands 11.92%
Switzerland 9.12%
Spain 6.39%
Italy 6.02%
Belgium 5.64%
Denmark 4.36%
Greece 4.27%

Fee Structure

Management fee is 0.55% of net assets up to GBP 800m and 0.45% thereafter. The Performance fee is calculated as 15% of the outperformance above the benchmark. The Agreement is terminable on six months notice.

Dividend Policy

The company intends to make dividend payment semi-annually.

ASSET SPLIT

Total number of holdings: 134.

Trust Manager

Ollie Beckett

Manager Bio

Ollie Beckett is a Portfolio Manager of European equities at Janus Henderson Investors responsible for the European Focus and International Small Cap Equity strategies. Ollie first joined Henderson as an assistant portfolio manager for European equities upon the firm’s merger with AMP Asset Management in 1998 and was named fund manager in 1999. He moved to the Global Technology Team in 2000. He left Henderson in 2003 to pursue other interests before returning to his current role with the firm in 2005.

Board Of Directors

Christopher CaseyChairman, James Williams, Simona Heidempergher, Ann Grevelius, Daniel Burgess

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.

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'.