The European Smaller Companies Trust PLC (ESCT)

Category Europe ex-UK Small/Mid-Cap Equity
star-filledstar-filledstar-filledstar-filled
This investment trust can be held in an Investment ISA, SIPP and Investment Account
Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.
Sell

204.50p

Buy

206.00p

arrow-down-1.50p (-0.73%)

Discount/Premium

-11.36%

Estimated NAV

231.272p

Prices updated at 02 Apr 2026, 16:47 BST
| Prices minimum 15 mins delay
|
Prices in GBX
Investment objective
The Company seeks capital growth by investing in smaller and medium sized companies which are quoted, domiciled, listed or have operations in Europe (ex UK).
FTSE All-Share
arrow-up0.59%
LSE
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 28/02/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Top 10 holdings

1
IG Group Holdings PLC
Sector
-
Country
United Kingdom
% of assets
2.26297
2
TKH Group NV NLDR
Sector
-
Country
Netherlands
% of assets
1.97106
3
Elmos Semiconductor SE
Sector
-
Country
Germany
% of assets
1.95655
4
Stroeer SE & Co KGaA
Sector
-
Country
Germany
% of assets
1.89333
5
Flatexdegiro SE
Sector
-
Country
Germany
% of assets
1.87338
6
Van Lanschot Kempen NV NLDR
Sector
-
Country
Netherlands
% of assets
1.82949
7
Gaztransport et technigaz SA
Sector
-
Country
France
% of assets
1.63483
8
Karnov Group AB
Sector
-
Country
Sweden
% of assets
1.59314
9
Ringkjoebing Landbobank AS Bearer and/or registered Shs
Sector
-
Country
Denmark
% of assets
1.58745
10
Alzchem Group AG Akt. nach Kapitalherabsetzung
Sector
-
Country
Germany
% of assets
1.55494
Assets in top 10 holdings %

18.16%

Total no. of equity holdings

123.00

Total no. of bond holdings

-

Stock sectors

The European Smaller Companies Trust PLC
Europe ex-UK Small/Mid-Cap Equity

35.25%

Basic materials

6.62%
-

Con cyclical

15.96%
-

Financial svs

9.26%
-

Real estate

3.41%
-

55.41%

Comm services

6.77%
-

Energy

3.34%
-

Industrials

26.82%
-

Technology

18.48%
-

9.34%

Con defensive

-
-

Healthcare

9.34%
-

Utilities

-
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2026 Morningstar. All rights reserved.