Trustnet Magazine Issue 11 October 2015 | Page 26

SCOTTISH MORTGAGE INVESTMENT TRUST IN THE BACK SCOTTISH MORTGAGE WAS ORIGINALLY LAUNCHED TO PROVIDE LOANS TO RUBBER GROWERS IN MALAYSIA IN THE EARLY 20TH CENTURY. Time just makes it tastier. Scottish Mortgage Investment Trust believes in investment not speculation. We painstakingly identify those companies that we believe will deliver long-term growth and then we stick with them through thick and thin, providing our investment case remains valid. In fact we like to think of ourselves as ‘owners not renters’, which is why we don’t get side-tracked by short-term share price movements. We give ourselves time to add value by being patient investors in an impatient world. But don’t just take our word for it. Over the last five years Scottish Mortgage has delivered a total return of 104.4%* compared to 48.4%* for the index. And Scottish Mortgage is low-cost with an ongoing charges figure of just 0.48%.† Standardised past performance to 30 September each year*: 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 Scottish Mortgage -1.0% 14.2% 35.9% 27.6% 4.2% FTSE All-World Index -4.8% 17.3% 18.2% 11.8% 0.6% Past performance is not a guide to future returns. Scottish Mortgage Investment Trust is managed by Baillie Gifford and is available through our Share Plan and ISA. It is also available through a range of investment platforms. Please remember that changing stock market conditions and currency exchange rates will affect the value of your investment in the fund and any income from it. You may not get back the amount invested. For a free-thinking investment approach call 0800 917 2112 or visit www.scottishmortgageit.com Baillie Gifford – long-term investment partners *Source: Morningstar, share price, total return as at 30.09.15. †Ongoing charges as at 31.03.15. Your call may be recorded for training or monitoring purposes. Baillie Gifford Savings Management Limited (BGSM) is the manager of the Baillie Gifford Investment Trust Share Plan and the Investment Trust ISA. BGSM is an affiliate of Baillie Gifford & Co Limited, which is the manager and secretary of Scottish Mortgage Investment Trust PLC. Your personal data is held and used by BGSM in accordance with data protection legislation. We may use your information to send you information about Baillie Gifford products, funds or special offers and to contact you for business research purposes. We will only disclose your information to other companies within the Baillie Gifford group and to agents appointed by us for these purposes. You can withdraw your consent to receiving further marketing communications from us and to being contacted for business research purposes at any time. You also have the right to review and amend your data at any time. SHORT CHANGED? New proposals will rem ݙH^