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 stocks I want to buy for the artificial intelligence (AI) revolution
Investing Articles
I bought 294 Scottish Mortgage shares in May and 270 in August. Here’s what they’re worth now
Top Stocks
4 FTSE shares Fools think will lead the next bull market charge
Investing Articles
I’d stop staring at the Nvidia share price and buy this FTSE 100 stock instead
Investing Articles
3 ways to invest in booming artificial intelligence (AI) growth stocks
Growth Shares
3 top UK AI stocks to buy for the artificial intelligence boom
Investing Articles
8 shares that Fools have been buying!
Investing Articles
Why buying FTSE 100 shares could be a one-way ticket to building wealth
Investing Articles
Is the Scottish Mortgage share price too cheap to ignore?
Investing Articles
How I’d turn £10 a day into £50k passive income
Investing Articles
Is now an opportunity to shop for FTSE shares?
