SCOTTISH MORTGAGE INVESTMENT TRUST
SCOTTISH MORTGAGE WAS ORIGINALLY LAUNCHED TO PROVIDE LOANS TO RUBBER GROWERS IN MALAYSIA IN THE EARLY 20TH CENTURY .
WHILE OTHERS STICK TO THE INDICES , WE ARE FREE TO CHOOSE .
Scottish Mortgage Investment Trust has its own way of doing things . So it ’ s hardly surprising that the Trust ’ s portfolio looks nothing like the index . After all , we are active rather than passive investors and we firmly believe that the index is an illustration of ‘ past glories ’ rather than future prospects . In fact , our abiding principle has always been to invest in tomorrow ’ s companies today .
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 92.2 %* compared to 60.5 %* for the index . And Scottish Mortgage is low-cost with an ongoing charges figure of just 0.45 %. † Standardised past performance to 30 June each year *:
2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 Scottish Mortgage -11.0 % 26.9 % 28.9 % 25.8 % 4.9 % FTSE All-World Index -4.0 % 21.4 % 9.6 % 10.2 % 14.0 %
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
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* Source : Morningstar , share price , total return as at 30.06.16 . † Ongoing charges as at 31.03.16 . 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 .