Title picture for the Scottish Morgage Investment Trust
James Anderson

James Anderson - Trust Manager

"Scottish Mortgage is a low cost investment trust that aims to maximise total returns from a focused and actively managed portfolio of equities. It invests globally, looking for strong businesses with above-average returns. You can invest in the trust directly, or through our Share Plan, ISA, and the Children's Savings Plan."

Annual Report & Accounts

Download the latest Scottish Mortgage Interactive Annual Report.

Access the March 2009 Scottish Mortgage interactive Annual Report & Accounts here. 





 

Monthly Factsheet


Scottish Mortgage monthly factsheet

Download the latest Scottish Mortgage monthly factsheet.



 

Key Facts

Trust ObjectiveScottish Mortgage is a low cost investment trust that aims to maximise total returns from a focused and actively managed portfolio of equities. It invests globally, looking for strong businesses with above-average returns.
AIC Investment Sector

Investment trusts are grouped by the Association of Investment Companies (AIC) into sectors. The classification of each is based on a combination of the regional or industries focus of the portfolio combined with the trust's investment objectives.

 

The AIC Investment Sector for this trust is Global Growth. The objective of Investment Trust Companies in this sector is to produce a total return to shareholders from capital and some dividend income, they also have less than 80% of their assets in any one geographical area.

Trust ManagerJames graduated BA in Modern History from Oxford University and after postgraduate study in Italy and Canada he gained a MA in International Affairs in 1982.  He joined Baillie Gifford in 1983, becoming a Partner in 1987.  James headed our European Investment Team until July 2003 when he became Deputy CIO and Head of our Global Equities Investment Team.  James is a member of the Investment Policy Committee and became Chief Investment Officer in 2006.

Trust Prices

 

Share Price 400p
NAV per share at Fair440.22p
NAV per share at Par453.71p
Discount at Fair9.14%
Discount at Par11.84%
Source : Fundamental Data Ltd, closing mid share price, estimated NAV.
Total assets* £1,590,940,435
Shareholders' funds £1,293,471,998
*before deductions of borrowings

Please bear in mind that past performance is not a guide to future performance. The value of your investment may go down as well as up and you may not get back the amount you invested. Also, as the Trust invests in overseas securities changes in the rates of exchange may also cause the value of your investment (and any income it may pay) to go down or up.

Scottish Mortgage is registered in Scotland. Registered number: 7058. Registered office: Calton Square, 1 Greenside Row, Edinburgh, EH1 3AN.

The Company is an investment company within the meaning of section 833 of the Companies Act 2006.