SCOTTISH MORTGAGE INVESTMENT TRUST
SCOTTISH MORTGAGE WAS
ORIGINALLY LAUNCHED TO
PROVIDE LOANS TO RUBBER
GROWERS IN MALAYSIA IN THE
EARLY 20TH CENTURY.
PENSION
MITON UNDERVALUED ASSETS
This fund’s limited size, strong management team and focus on small caps could
make it ideal for investors in the growth stage of their pension
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.
trustnetdirect.com
PERFORMANCE OF FUND, SECTOR
AND INDEX IN 2015
20%
FP - Miton Undervalued Assets (20%)
IA UK All Companies (0.28%)
15%
FTSE All Share (-2.86%)
10%
50%
0%
-5%
Sep
-1.0%
Aug
Scottish Mortgage
MANAGER: George Godber &
Georgina Hamilton
FUND SIZE: £70.6m
LAUNCHED: 13/08/2008
OCF: 0.87%
Jul
2014-2015
swiftly to £380m, but the Miton
Undervalued Assets portfolio
remains a nimbler £70m. This is
attractive for investors who want to
drip-feed their money in, as most
small cap funds tend to have a size
con