Following the return of Charles Montanaro as manager in 2016, Montanaro UK Smaller Companies Trust (MTU) has rebuilt its long-term record of outperformance of its benchmark over the last three and a half years. A strong uplift in net asset value (NAV) during the second half of 2019 (helped by some clarity on Brexit) has improved the trust’s standing against its competitors. Versus its peers, MTU ranked second outof 11 funds in our peer group during the second half of 2019 in terms of its NAV total return.
Montanaro U.K. Smaller Companies Investment Trust is a closed-end investment trust company. Co. invests in small quoted companies listed on the London Stock Exchange or traded on Alternative Investment Market.
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