Trustnet Magazine Issue 13 December 2015 | Page 14
SCOTTISH MORTGAGE INVESTMENT TRUST
SCOTTISH MORTGAGE WAS ORIGINALLY
LAUNCHED TO PROVIDE LOANS TO
RUBBER GROWERS IN MALAYSIA IN THE
EARLY 20TH CENTURY.
PICKING STOCKS WITH
PRECISION.
Scottish Mortgage Investment Trust plays a ‘long game’ with a focused list of around 70 stocks.
Our aim is to meticulously seek out truly innovative organisations (the obvious and the unexpected) and
stick with them over the long-term. We believe this strategy gives us a strong competitive advantage in
identifying companies with real potential for significant sales growth – often as a result of their intelligent
deployment of transformational technology.
But don’t just take our word for it. Over the last five years Scottish Mortgage, managed by Baillie Gifford,
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.
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
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. Scottish Mortgage Investment Trust PLC is available through the Baillie Gifford Investment Trust Share Plan and the Investment Trust ISA,
which are managed by Baillie Gifford Savings Management Limited (BGSM). BGSM is an affiliate of Baillie Gifford & Co Limited, which is the manager
and secretary of Scottish Mortgage Investment Trust PLC.