About ESMSX
The Invesco EQV European Small Company Fund Class R6 is an open-end mutual fund that seeks long-term capital growth by investing primarily in small-capitalization companies across the European region, including both developed and emerging markets. The fund applies a disciplined investment process focused on identifying high-quality growth companies that offer an attractive combination of earnings growth, quality, and valuation characteristics—known as the EQV (Earnings, Quality, Valuation) approach. This strategy leads to a diversified portfolio, typically comprising around 57–60 holdings, with top exposures in sectors such as IT consulting, industrial machinery, investment banking, and application software. The fund’s geographic allocation emphasizes countries like the United Kingdom, France, Italy, and Germany, providing broad access to Europe’s smaller entrepreneurial firms. Employing both fundamental and quantitative analysis with a bottom-up stock selection process, the fund aims to differentiate itself from its benchmark, the MSCI Europe Small Cap Net Return Index. Managed by an experienced team since 2000, the fund is designed for investors seeking diversified access to Europe’s small-cap equity universe with a focus on quality and growth characteristics.
Fund Family Invesco
Category World Small/Mid Stock
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ESMSX
Index MSCI Europe Small Cap NR USD
ESMSX had a total return of 23.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.95%.
