Growth company headwinds weighed on Montanaro European Smaller Companies

The Montanaro European Smaller Companies Trust (MTE) reported its annual results for the 12 months ending 31 March 2024. MTE reported a NAV total return of 4.9%, slightly underperforming its benchmark, the MSCI Europe (ex-UK) Small Cap Index, which returned 5.9%. MTE’s share price total return was 4.3%. The board highlights the longer-term track record … Continue reading Growth company headwinds weighed on Montanaro European Smaller Companies