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European Smaller Companies trust increases share price by 19.5%

Summary by Portfolio Adviser
The European Smaller Companies trust increased its net asset value by 12% and share price by 19.5% in the financial year to 30 June 2024, outperforming the sector. Despite the company’s leap in share price, the trust continues to trade at a 10.8% discount, according to the Association of Investment Companies. Yet the European Smaller Companies trust has outperformed its sector and benchmark on a one, three, five, and 10-year basis. In the past …
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