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
2 undervalued FTSE 100 shares I’d consider buying now
Investing Articles
3 no-brainer growth shares to buy in March?
Investing Articles
Scottish Mortgage shares: a once-in-a-decade opportunity to get rich?
Investing Articles
Should I buy Scottish Mortgage shares at £7?
Investing Articles
Down 28%! Could Scottish Mortgage shares turn around in 2023?
Investing Articles
I’m buying this FTSE 100 stock to invest in artificial intelligence!
Investing Articles
Will the Scottish Mortgage share price recover in 2023?
Investing Articles
If I’d invested £5,000 in Scottish Mortgage shares 10 years ago, here’s how much I’d have now!
Investing Articles
Here’s why I’m avoiding Scottish Mortgage shares
Investing Articles
Down 27%, are Scottish Mortgage shares a bargain?
Investing Articles
2 hated FTSE 100 shares I’ve been buying in February