The Montanaro European Smaller Companies Fund was launched on 8 December 2000 and is listed on the Irish Stock Exchange.
Structured as an open-ended investment company, it is a “UCITS” Fund authorised by the Central Bank of Ireland. It is administered by State Street International (Ireland) Limited and audited by Ernst & Young. It is approved in Ireland, France, Finland, Netherlands, Norway, Sweden, Switzerland and the UK; additionally the EUR and EUR Accumulation classes of the Montanaro European Smaller Companies Fund are registered for sale in Germany and Austria. The EUR Accumulation Class of the Montanaro European Smaller Companies Fund is registered for sale in Belgium. The EUR Institutional Distribution Class is registered for sale in Finland, France, Ireland, Netherlands, Norway, Sweden and the UK. The EUR Institutional Accumulation Class is registered for sale in Ireland, Netherlands and the UK. The SEK Accumulation Class is registered for sale in Ireland, Norway, Sweden and the UK.
The European Fund invests primarily in quoted European (including UK) companies with a market capitalisation below €3 billion. The investment objective is to outperform its benchmark, the Morgan Stanley Europe Small Companies Index.
Since launch the Fund is among the top performing fund within its peer group. It is Platinum rated by Standard & Poor's.
Shares in the European Fund are traded daily through the Administrator at Net Asset Value.