Montanaro European Smaller Companies Trust Plc operates in the Investment offices sector. Montanaro European Smaller Companies Trust plc is an investment company. The Company's objective is to achieve capital growth by investing principally in European quoted smaller companies. The benchmark of the Company is the MSCI Europe SmallCap Index. The Company invests principally in quoted smaller companies within the European Union, Iceland, Norway and Switzerland (but is not restricted from investing in smaller companies quoted on other European stock exchanges). In addition, the Company may also invest in companies listed on non-European stock exchanges and European securities such as global depositary receipts, listed on other international stock exchanges. As of March 31, 2011, the Company's portfolio consisted of 46 companies, of which the ten holdings represented 30.3%. The 10 sectors include energy, materials, industrials, consumer discretionary, consumer staples, health care, financials, information technology, telecommunication services and utilities. In our complete report available for purchase the company is compared to: Henderson Fledgling Trust PLC, SR Europe Investment Trust Plc and F&C Private Equity Trust PLC.