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SCOTTISH
THE
MORTGAGE
MONKS INVESTMENT
INVESTMENT
TRUST
TRUST
MONKS HAS OVER £1.9BN
IN NET ASSETS UNDER
MANAGEMENT, WHILE ITS
ONGOING CHARGE IS A
MODEST 0.50%*.
THE MAINSTAY OF
YOUR PORTFOLIO.
Monks Investment Trust, we believe, could be a core investment for anyone seeking long term growth.
It is managed according to Baillie Giff ord’s £39bn Global Alpha strategy. As a result, Monks takes a highly
active approach to investment and its portfolio looks nothing like the index. The managers group their
holdings into four diff erent growth categories. This allows for excellent diversifi cation and off ers the chance
to unearth some of the more interesting companies listed on global stock markets. Over the last fi ve years
the Monks Investment Trust has delivered a total return of 143.7% compared to 112.7% for the sector**.
Standardised past performance to 30 June**
2015 2016 2017 2018 2019
Monks Investment Trust 10.4% 3.2% 59.9% 22.1% 9.5%
AIC Global Sector Average 15.4% 5.6% 39.1% 20.6% 4.6%
Past performance is not a guide to future returns.
Please remember that changing stock market conditions and currency exchange rates
will aff ect the value of the investment in the fund and any income from it. Investors may
not get back the amount invested. If in doubt, please seek fi nancial advice.
If you’re pursuing growth why not get on board?
Call 0800 917 2112 or visit www.monksinvestmenttrust.co.uk
A Key Information Document is available by contacting us.
Long-term investment partners
*Ongoing charges as at 30.04.19 calculated in accordance with AIC recommendations. Excludes transaction costs, costs of borrowing money to invest
and the ongoing costs of any underlying investment funds within the Trust’s portfolio. Details of these costs can be found in the Key Information
Document. **Source: Morningstar, share price, total return as at 30.06.19. All other data as at 30.06.19. Your call may be recorded for training or
monitoring purposes. Issued and approved by Baillie Gifford & Co Limited, whose registered address is at Calton Square, 1 Greenside Row, Edinburgh,
EH1 3AN, United Kingdom. Baillie Gifford & Co Limited is the authorised Alternative Investment Fund Manager and Company Secretary of the Company. Baillie Gifford
& Co Limited is authorised and regulated by the Financial Conduct Authority (FCA). The investment trusts managed by Baillie Gifford & Co Limited are listed UK
companies and are not authorised and regulated by the Financial Conduct Authority.
even be benefiting from percentage
fees that are below cost,” he says.
“Financial planning, intermediation
and ongoing portfolio management
all carry costs that are largely
independent of size (except for
liabilities associated with the
advice), yet the ‘value’ they
provide to the client is largely
a function of size. The latter
is the reason value-based fees
dominate.”
Fowler says lower costs are not
the only benefit to investors of flat-
fee advice – another problem with
percentage-based models arises
through the differing agendas of the
adviser and the client. For example,
he says it is in the interests of their
business to hoard money when
individuals may prefer to spend or gift.
Rebecca Aldridge, managing
director of Balance: Wealth Planning,
says set fees also allow financial
“Financial planning,
intermediation and ongoing
portfolio management all
carry costs that are largely
independent of size”
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