Montanaro UK Smaller Companies - Annual Overview from QuotedData
26th June 2023
Riders on the storm
After a tough year for investment strategies focused on quality and growth of all kinds, Montanaro UK Smaller Companies (MTU) may finally be seeing the light at the end of the tunnel, thanks to the possible plateauing of interest rates.
Manager Charles Montanaro remains focused on picking high-quality stocks with long-term growth potential, sticking with the approach despite the headwinds of early 2022. In fact, the selloff in UK small caps has meant that MTU has become even more attractive on a fundamental basis, with many of its holdings trading on attractive valuation multiples, despite demonstrating the same growth potential.
MTU's share price discount to net asset value (NAV) has widened recently, and its shares are currently trading on a 9.4% discount. Its combination of increasingly attractive valuations, a wide discount by recent standards, and a possible rebound in performance makes the current environment a potentially attractive entry point for investors looking to tap into a compelling growth strategy.
Full Research:
https://quoteddata.com/research/montanaro-uk-smaller-companies-riders-storm-qd/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.
NB: Marten & Co was paid to produce this note on Montanaro UK Smaller Companies Investment Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.
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