Montanaro UK Smaller Companies Investment Trust PLC ("MUSCIT") was launched in March 1995 and is listed on the London Stock Exchange.
Initial investments may be made in UK companies with a market capitalisation lower than the largest constituent of the Hoare Govett Smaller Companies Index ("the HGSC") which represents the smallest 10% by value of the UK stock market. Investments may be held if they rise above the HGSC.
The investment policy remains to focus on the "smaller" end of the quoted UK small companies market. The benchmark is the FTSE SmallCap (excluding investment companies) Index ("SmallCap").
The investment objective is capital growth.
MUSCIT is an investment Company as defined under Section 833 of the Companies Act 2006. It is registered in England and Wales under company number 3004101.
The company is managed by www.montanaro.co.uk