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
3 global investment trusts for maximum diversity in a Stocks and Shares ISA
Investing Articles
My Scottish Mortgage shares just paid me £14.88. It’s another step towards making a million
Top Stocks
3 UK shares Fools would buy ahead of the Magnificent Seven
Investing Articles
2 reasons why Scottish Mortgage shares could keep rising in the second half of 2024
Investing Articles
How to invest £500 a month in an ISA and aim for a passive income worth £70,000
Investing Articles
Here’s how I’d use a £20,000 Stocks and Shares ISA to aim for £1 million
Investing Articles
If a market correction is on the way, these FTSE 100 growth stocks are on my buy list
Investing Articles
Here’s how Fundsmith Equity and Scottish Mortgage shares performed in the first half of 2024
Investing Articles
Here’s why I’m buying more Scottish Mortgage shares this month!
Investing Articles
Here’s why I think the Scottish Mortgage share price can climb higher
Investing Articles
10 stocks that Fools have been buying!
