TR European Growth Trust (TRG) is looking to attract a broader investor audience through a range of changes announced after a recent strategic review. The board hopes the change of name (due in January 2022) to The European Smaller Companies Trust will make TRG’s investment focus more explicit, while an eight-for-one share split (due on 13 December) should boost liquidity and help attract smaller regular savers on retail platforms. A reduction in the base management fee (already in place) will b ....
03 Dec 2021
TR European Growth Trust - Making changes but keeping successful approach
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TR European Growth Trust - Making changes but keeping successful approach
European Smaller Companies Trust PLC (ESCT:LON) | 167 -2 (-0.7%) | Mkt Cap: 667.4m
- Published:
03 Dec 2021 -
Author:
Sarah Godfrey -
Pages:
14
TR European Growth Trust (TRG) is looking to attract a broader investor audience through a range of changes announced after a recent strategic review. The board hopes the change of name (due in January 2022) to The European Smaller Companies Trust will make TRG’s investment focus more explicit, while an eight-for-one share split (due on 13 December) should boost liquidity and help attract smaller regular savers on retail platforms. A reduction in the base management fee (already in place) will b ....