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
Simple truths about starting an ISA
Investing Articles
Here’s how I’m using my ISAs to target retirement riches
Investing Articles
£10,000 invested in Scottish Mortgage shares 3 years ago is now worth…
Investing Articles
Where is the next Nvidia stock right now?
Investing Articles
How investors can target £1,000 of monthly passive income
Investing Articles
£5 a day invested in cheap shares could create a passive income worth £20,000
Investing Articles
5 reasons buying shares in an investment trust can be a good idea
Investing Articles
2 top FTSE 100 stocks to consider for the artificial intelligence (AI) revolution
Investing Articles
Rome wasn’t built in a day, and neither is £51k a year in passive income!
Investing Articles
Scottish Mortgage is a passive income superstar! Who knew?
Investing Articles
Here’s how I use a SIPP so my daughter can retire at 51 with £8m
