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 stocks that are untouchable in my Stocks and Shares ISA
Investing Articles
3 of the best investment trusts to buy now
Investing Articles
Scottish Mortgage shares being sold short? I’m buying for the long run!
Investing Articles
Can Scottish Mortgage Investment Trust make the biggest comeback of 2023?
Investing Articles
Could Scottish Mortgage shares reach £10 this year?
Investing Articles
2 FTSE 100 shares topping my buy list right now!
Investing Articles
If I’d invested £1k in Scottish Mortgage shares one year ago, here’s how much I’d have now
Investing Articles
Best British growth shares to buy for January
Investing Articles
3 investments trusts I’d buy and hold for 10 years
Investing Articles
My 3 best stocks to buy in 2023
Investing Articles
The 2 investment trusts I own as we start 2023
