LSE:SMT (Scottish Mortgage Investment Trust PLC)
About SMT
Scottish Mortgage Investment Trust Plc is a low-cost investment trust based in the United Kingdom. The management team are focused on finding high-growth opportunities on a global basis, as well as providing a steady stream of dividends. In exchange for its services, the trust charges a 0.32% annualised management fee.
Its portfolio contains numerous publicly traded stocks as well as fixed income and convertible securities. However, the firm also invests within the private sector, enabling its shareholders to access a market typically reserved for only financial institutions.
The group is managed by Baillie Gifford, an independent investment management firm founded in 1908. In 2022 it's top ten holdings represent 42.7% of the overall portfolio. These positions include, Moderna, ASML Holdings, Tesla, Tencent Holdings, Illumina, Meituan, NIO, Alibaba Group, Kering, and Amazon.
Frequently Asked Questions
-
Investing in an investment trust is a popular strategy for many investors who lack the knowledge or time to perform stock market research. Scottish Mortgage Investment Trust has gained particular popularity for its low-cost high-growth style of investing.
With a heavy focus on growth stocks, the SMT share price has been quite volatile. This lack of stock price stability, makes these shares unsuitable for investors with low risk tolerances.
Scottish Mortgage Investment Trust PLC (LSE: SMT) Latest News
Investing Articles
Can the Scottish Mortgage share price bounce back in 2024?
Investing Articles
This FTSE 100 fund just loaded up on Meta stock! Should I invest too?
Investing Articles
Best British shares to consider buying in January
Investing Articles
Is now the time for me to snap up Scottish Mortgage shares?
Investing Articles
If I could buy only 3 FTSE 100 shares for 2024, it would be these
Investing Articles
3 world-class investment trusts to consider in 2024
Dividend Shares
3 ‘Dividend Hero’ investment trusts to consider for 2024
Investing Articles
If I’d put £10k in Scottish Mortgage shares 5 years ago, I’d have this much now
Investing Articles
Best British shares for investors to consider buying for 2024
Investing Articles
Could the Scottish Mortgage share price hit £10 in 2024?
Growth Shares
Could Scottish Mortgage shares double next year just like 2020?
