Investment Trusts

Montanaro UK Smaller Companies Trust

MTU:LSE

Montanaro UK Smaller Companies Trust

  • Price (GBX)105.00
  • Today's Change0.00 / 0.00%
  • Shares traded154.06k
  • 1 Year change-0.47%
  • Beta1.3110
Data delayed at least 20 minutes, as of Feb 06 2026 16:35 GMT.
More ▼

Profile data is unavailable for this security.

About the company

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended investment trust. The Company’s investment objective is capital appreciation through investing in smaller quoted companies listed on the London Stock Exchange (LSE) or traded on the Alternative Investment Market (AIM) and to outperform its benchmark, the Numis Smaller Companies Index (excluding investment companies) (NSCI). The Company seeks to achieve its objective and to manage risk by investing in a diversified portfolio of quoted United Kingdom small companies. The Company's investment portfolio includes investments in various sectors, such as technology, telecommunications, health care, financials, real estate, consumer discretionary, consumer staples, industrials, basic materials, energy and utilities. The Company’s investment manager/ alternative investment fund manager is Montanaro Asset Management Limited.

  • Revenue in GBP (TTM)-9.75m
  • Net income in GBP-11.97m
  • Incorporated1994
  • Employees0.00
More ▼

Profile

Management group(s)Montanaro Asset Management Limited
AIC sectorUK Smaller Companies
ISINGB00BZ1H9L86
Launch date16 Mar 1995
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

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.

Managed by

Charles Montanaro, Guido Dacie-Lombardo

Management & contract fees

The Board is pleased to announce that, effective from 31 December 2024, the investment management fee of 0.50% per annum will be calculated based on net assets rather than gross assets. The Management Agreement may be terminated by the Manager upon giving 12 months' notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
abrdn European Logistics Income PLC36.00m7.21m109.55m0.00109.55m0.00
JZ Capital Partners Limited-491.59k-4.86m110.30m0.00110.30m0.00
Baker Steel Resources Trust Ltd26.74m24.89m111.05m0.00111.05m0.00
Record Plc39.70m7.89m111.47m96.00111.47m96.00
Artemis UK Future Leaders PLC-20.85m-22.91m112.63m0.00112.63m0.00
Hargreave Hale AIM VCT PLC2.86m-517.00k114.81m0.00114.81m0.00
Mercia Asset Management PLC34.22m3.36m117.21m143.00117.21m143.00
GCP Asset Backed Income Fund Ltd-6.62m-9.55m117.24m0.00117.24m0.00
Montanaro UK Smllr Cmpns nvstmnt Trst PL-9.75m-11.97m122.28m0.00122.28m0.00
Ramsdens Holdings PLC116.80m11.89m127.00m836.00127.00m836.00
Lindsell Train Investment Trust PLC-5.92m-7.56m127.20m0.00127.20m0.00
Shires Income plc20.11m17.97m127.30m0.00127.30m0.00
Northern 3 VCT PLC10.53m7.47m132.27m0.00132.27m0.00
Blackrock American Income Trust PLC12.28m10.95m134.26m0.00134.26m0.00
CQS Natural Rsrcs Grwth Inc PLC10.20m5.73m135.01m0.00135.01m0.00
Northern Venture Trust plc11.42m8.08m136.27m0.00136.27m0.00
Data as of Feb 06 2026. Currency figures normalised to Montanaro UK Smaller Companies Trust's reporting currency: UK Pound GBX

Institutional shareholders

73.30%Per cent of shares held by top holders
HolderShares% Held
Hargreaves Lansdown Asset Management Ltd.as of 31 Mar 202515.23m13.08%
Derbyshire County Council Pension Fundas of 31 Mar 202512.00m10.30%
Montanaro Asset Management Ltd.as of 23 Jan 202611.74m10.08%
AJ Bell Securities Ltd.as of 31 Mar 20259.12m7.83%
Raymond James Wealth Management Ltd. (Investment Management)as of 01 Apr 20258.38m7.20%
West Yorkshire Pension Fundas of 17 Nov 20258.24m7.08%
Border to Coast Pensions Partnership Ltd.as of 17 Jul 20247.61m6.53%
Rathbones Investment Management Ltd.as of 31 Mar 20256.44m5.53%
Hargreaves Lansdown Fund Managers Ltd.as of 01 Oct 20254.69m4.03%
Jupiter Asset Management Ltd.as of 01 Oct 20251.90m1.63%
More ▼
Data from 31 Mar 2025 - 22 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on InvestorsChronicle.co.uk is subject to the Investors Chronicle Terms & Condition
All content on InvestorsChronicle.co.uk is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by IC and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via Investors Chronicle is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. Investors Chronicle is not responsible for any use of content by you outside its scope as stated in the Investors Chronicle Terms & Condition.