Scottish Mortgage Investment Trust plc


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About Scottish Mortgage Investment Trust plc

Scottish Mortgage carries on business as an Investment Trust. The investment objective is to maximise total return, whilst also generating real dividend growth, from a focused and actively managed global portfolio. The equity portfolio is relatively concentrated and investments are chosen on their long term merits rather than with reference to geographical asset allocation or the composition of an index. The Company aims to achieve greater return that the FTSE All World Index (in sterling terms) over a five year rolling period.

30.21%
Scottish Mortgage Ord 3 year Return
Manager : Baillie Gifford

Fund Objective

Scottish Mortgage carries on business as an Investment Trust. The investment objective is to maximise total return, whilst also generating real dividend growth, from a focused and actively managed global portfolio. The equity portfolio is relatively concentrated and investments are chosen on their long term merits rather than with reference to geographical asset allocation or the composition of an index. The Company aims to achieve greater return that the FTSE All World Index (in sterling terms) over a five year rolling period.

Fund Manager

Tom Slater

Since: 2009-08-01

Biography:Tom graduated BSc in Computer Science with Mathematics from the University of Edinburgh in 2000. He joined Baillie Gifford the same year and worked in the Developed Asia and UK Equity Teams before joining the Long Term Global Growth Team at the start of 2009. Tom became a Partner in the firm in 2012. Tom was appointed Joint Manager of Scottish Mortgage Investment Trust in January 2015 having served as Deputy Manager for the previous five years. In 2015 Tom was appointed Head of the North American Equities Team and is a decision maker on Long Term Global Growth portfolios. Tom’s investment interest is focused on high growth companies both in listed equity markets and as an investor in private companies.

Fund Manager

James Anderson

Since: 2000-04-01

Biography:James graduated BA in History from Oxford University and after postgraduate study in Italy and Canada he gained an MA in International Affairs in 1982. He is a Trustee of the Johns Hopkins University. He joined Baillie Gifford in 1983 and became a Partner in 1987. He headed our European Equity team until 2003 when he founded our Long Term Global Growth strategy. He has Chaired the EAFE Alpha Portfolio Group since its inception in 2003 and has been the Manager and then Joint Manager of Scottish Mortgage Investment Trust since 2000. In 2015 James became the Chair of our newly formed Equity Improvement Group. He has also served as a member of the Advisory Board of the government sponsored Kay Review and as Chair of the subsequent industry working group that set up the UK Investor Forum.

Quick Stats

City Code (Symbol) SMT Legal Structure Closed Ended Investment Company Fund Currency GBP
ISIN Code GB00BLDYK618 Fund Size 7,684.855M Price Date 2018-09-18
Sector Global Valor Code 24560635 Pricing Freq DAY
Bid Price 530.50 Mid Price 530.50 Offer Price 530.50
Benchmark - Yield 0.58 % Launch Date 1909-01-01
Domicile United Kingdom Type Income ISA NO

Purchase & Other Information

Ongoing Charges 0.37 % at 2018-03-31
Complaint Reporting Fund Status , UCITS IV Compliant,
Dividend Dates -
For Sale In China , Cash/Cash Equivalent , France , Germany , India , Italy , Netherlands , Spain , Sweden , UK , USA ,

Top Holdings As At July 31, 2018

Rank Name % Weighting
1 Amazon.com Inc 10.20 %
2 Baidu, Inc 3.80 %
3 Tencent 6.00 %
4 Illumina, Inc. 7.70 %
5 Inditex 3.30 %
6 Kering 3.40 %
7 Tesla Motors, Inc. 4.90 %
8 Alibaba Group Holding Ltd ADR 6.60 %
9 ASML Holding NV 2.90 %
10 Netflix, Inc. 2.90 %

Asset Weightings As At July 31, 2018

Rank Name % Weighting
1 Cash Alternatives 1.00 %
2 Equity - Listed 99.00 %

Sector Weightings As At July 31, 2018

Rank Name % Weighting
1 General Equity 99.00 %
2 Net Current Assets 1.00 %

Dividend Calendar

Type Dividend Ex-Dividend Date Financial Year
Income 1.68 2018-06-07 2018
Income 1.39 2017-11-16 2018
Income 1.61 2017-06-08 2017
Income 1.39 2016-11-17 2017
Income 1.58 2016-06-09 2016
Price: 530.50p

52wk high/low: 568.30/407.60

NAV:  514.5649
Current Yield:  0.58 %
Sector: Global

Location(s): China, Cash/Cash Equivalent, France, Germany, India, Italy, Netherlands, Spain, Sweden, UK, USA
3.46%

Baillie Gifford Diversified Growth Fund A Accumulation ( N/A)

 
Category - GBP Flexible Allocation

Category Benchmark - Not benchmarked
 
Viewed 4 Times This Week
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7.57%

Baillie Gifford Emerging Markets Bond Fund B Income ( N/A)

 
Category - Global Emerging Markets Bond - Local Currency

Category Benchmark - J.P Morgan GBI-EM Global Diversified Index
 
Viewed 2 Times This Week
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19.85%

Baillie Gifford Emerging Markets Growth Fund B Accumulation ( N/A)

 
Category - Global Emerging Markets Equity

Category Benchmark - MSCI Emerging Markets Index
 
Viewed 2 Times This Week
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20.03%

Baillie Gifford Emerging Markets Leading Companies Fund A Accumulation ( N/A)

 
Category - Global Emerging Markets Equity

Category Benchmark - MSCI Emerging Markets Index
 
Viewed 1 Times This Week
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19.02%

Baillie Gifford European Fund B Income ( N/A)

 
Category - Europe ex-UK Large-Cap Equity

Category Benchmark - MSCI Europe ex UK Index
 
Viewed 3 Times This Week
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21.16%

Baillie Gifford Global Alpha Growth Fund B Accumulation ( N/A)

 
Category - Global Large-Cap Growth Equity

Category Benchmark - MSCI AC World Index
 
Viewed 3 Times This Week
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25.52%

Baillie Gifford Global Discovery Fund B Income ( N/A)

 
Category - Global Small-Cap Equity

Category Benchmark - S&P Global Small Cap Index
 
Viewed 3 Times This Week
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16.81%

Baillie Gifford Global Income Growth Fund B Income ( N/A)

 
Category - Global Equity Income

Category Benchmark - FTSE All World Index
 
Viewed 3 Times This Week
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6.47%

Baillie Gifford High Yield Bond Fund B Income ( N/A)

 
Category - GBP High Yield Bond

Category Benchmark - Merrill Lynch European Currency High Yield Constrained Index
 
Viewed 2 Times This Week
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22%

Baillie Gifford International Fund B Accumulation ( N/A)

 
Category - Global Large-Cap Growth Equity

Category Benchmark - MSCI AC World ex UK Index
 
Viewed 2 Times This Week
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27.99%

Baillie Gifford Japan Trust PLC ( BGFD)

 
Category - Japan Large-Cap Equity

 
Viewed 2 Times This Week
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23.42%

Baillie Gifford Japanese B Acc ( N/A)

 
Category - Japan Large-Cap Equity

Category Benchmark - TOPIX
 
Viewed 2 Times This Week
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32.84%

Baillie Gifford Japanese Smaller Companies B Inc ( N/A)

 
Category - Japan Small/Mid-Cap Equity

Category Benchmark - MSCI Japan Small Cap Index
 
Viewed 2 Times This Week
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15.1%

Baillie Gifford Managed Fund B Acc ( N/A)

 
Category - GBP Moderately Adventurous Allocation

Category Benchmark - Mean of the Investment Association Mixed 40%-85% Shares Sector
 
Viewed 3 Times This Week
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20.23%

Baillie Gifford Pacific B Inc ( N/A)

 
Category - Asia ex Japan Equity

Category Benchmark - MSCI AC Asia ex Japan Index
 
Viewed 2 Times This Week
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37.64%

Baillie Gifford Shin Nippon ( BGS)

 
Category - Japan Small/Mid-Cap Equity

 
Viewed 2 Times This Week
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15.97%

Baillie Gifford UK Equity Alpha Fund Class B Acc ( N/A)

 
Category - UK Flex-Cap Equity

Category Benchmark - FTSE All-Share Index
 
Viewed 2 Times This Week
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31.85%

Edinburgh Worldwide Investment Trust Plc ( EWI)

 
Category - Global Small-Cap Equity

 
Viewed 1 Times This Week
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28.29%

Monks Investment Trust ( MNKS)

 
Category - Global Large-Cap Growth Equity

 
Viewed 0 Times This Week
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19.12%

Scottish American Investment Company Plc ( SCAM)

 
Category - GBP Adventurous Allocation

 
Viewed 3 Times This Week
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30.21%

Scottish Mortgage Investment Trust plc ( SMT)

 
Category - Global Large-Cap Growth Equity

 
Viewed 1 Times This Week
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33.34%

Baillie Gifford American Fund B Income ( N/A)

 
Category - US Large-Cap Growth Equity

Category Benchmark - S&P 500 Index
 
Viewed 1 Times This Week
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5.44%

Baillie Gifford Strategic Bond Fund A Accumulation ( N/A)

 
Category - Global Flexible Bond - GBP Hedged

 
Viewed 1 Times This Week
SEE FUND DETAILS