Scottish Mortgage Investment Trust Plc Koers - Andeel 1IZ1 BOERSE MUENCHEN - MarketScreener (2024)

FAQs

What has happened to Scottish Mortgage Investment Trust? ›

Like many other investment trusts, shares in Scottish Mortgage had fallen well below their net asset value (NAV), but in March the Board announced a buyback programme of at least a billion pounds over two years.

Baillie Gifford is an investment management firm that is privately and wholly owned by its partners.

Savers can invest either a one of deposit or make monthly instalments into the ISA and use the money to invest in the SMT fund. You can access Scottish Mortgage Trust via a range of platforms including Hargreaves Lansdown, Interactive Investor, AJ Bell and Fidelity.

Since its peak in November 2021, the price is down 50pc as soaring interest rates battered the fast-growing, largely technology-focused stocks that make up its portfolio.

The annual management fee is 0.30% p.a. on the first GBP 4bn of TA less current liabilities under management, and 0.25% p.a. thereafter.

Home - The Scottish Investment Trust PLC. The Combination of assets of Scottish Investment Trust (SIT) with JPMorgan Global Growth and Income (JGGI) was effected on 31 August 2022.

Our philosophy. Our purpose is simple. Maximise total returns over the long term. To do that, we aim to own the world's most exceptional public and private growth companies.

Because valuing these holdings is subjective (there is no share price), their valuations are less reliable than those of the trust's quoted holdings, and investors may compensate for this by making the shares trade at a discount.

What is the difference between a trust and an investment trust? ›

Unlike unit trusts, investment trusts are allowed to borrow money to invest in more assets on behalf of their shareholders. This is known as 'gearing'. The money raised from gearing is used to increase the size of the trust's investments.

The Scottish Investment Trust is an independently managed investment trust company which was formed in 1887 to provide investors with an efficient way to invest in companies around the world.

Over 10 years Scottish Mortgage remains the best performer in its sector, returning over 355pc to shareholders, well ahead of the 222pc advance in the MSCI World index. Fund managers Tom Slater and Lawrence Burns told investors this week the buyback plan did not signal that they had run out of investment ideas.

two dividends to be paid in respect of each financial year. An interim dividend is paid at the end of November/early December and a final dividend is paid in early July.

With diversification away from Malayan rubber came a change of name, reflecting the trust's sturdy Edinburgh base, but a cause of confusion ever since. In 1913 the company became The Scottish Mortgage and Trust Company Limited.

Scottish Mortgage Investment Trust is still suitable for long-term investors, experts say. The trust remains a good choice for long-term investors with an appetite for risk despite recent turmoil.

The main competitors of Scottish Mortgage include 3i Group (III), Legal & General Group (LGEN), Pershing Square (PSH), Schroders (SDR), Intermediate Capital Group (ICP), Schroders (SDRC), Hargreaves Lansdown (HL), F&C Investment Trust (FCIT), M&G (MNG), and Polar Capital Technology Trust (PCT).

One I like the look of is Scottish Mortgage Investment Trust (LSE: SMT). Nvidia makes up one of the 99 companies it owns.