ESCT The European Smaller Companies Trust PLC

The European Smaller Companies Trust PLC seeks capital growth by investing in smaller and medium sized companies which are quoted, domiciled, listed or have operations in Europe (excluding the UK). The Trust Invests mainly in Western Europe typically more than 120 companies with an average market cap of around £1bn and rarely above £3bn. The trust leverages Janus Henderson’s European equity expertise to find quality growth companies.

The incorporation date was 10^th July 1990.

The fund manager is Ollie Beckett. He joined the asset management industry in 1995 and has been with Janus Henderson since 1998. Ollie has managed the trust since 2011.

The trust's investment benchmark is the Euromoney Smaller European Companies.

The Association of Investment Companies (AIC) classifies trusts into sectors as a way of grouping companies with common characteristics. The classifications are based on a combination of the trust's regional or industry focus, and its investment objective. The European Smaller Companies Trust is classified within the ‘European Smaller Companies' sector.

As of 30th September 2021, the trust had total assets of over £883M under management.^[1]

Updated quarterly.

^[1] Source: Janus Henderson, TR European Growth Trust plc Fact Sheet, 30th September 2021.

Proposed dividend payment date(s): April and November.

The trust has received an overall rating of ★★★★ by Morningstar. ^[1]

^[1] Source: Morningstar

The management fee is 0.60% pa on first £500m of net assets and 0.50% pa in excess thereof.

View the The European Smaller Companies Trust's ESG policy here.

For general insight into the Trust please see the latest Edison commissioned research: 2020 research note.

This research gives general insight into the background of the Investment Trust, and the investment strategy with which it is run. In addition to this it outlines the Trust’s objectives and provides updates from the Fund Manager, as well as recent performance data.