Scottish Mortgage Investment Trust appoints Numis Securities Limited as Joint Corporate Broker

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Following a tender process, the Board of Directors of Scottish Mortgage Investment Trust (LON:SMT) has today announced it has appointed Numis Securities Limited as joint Corporate Broker to the Company with immediate effect. Numis will work alongside Scottish Mortgage’s existing Corporate Broker, Jefferies International Limited. Fiona McBain, Chair of Scottish Mortgage Investment Trust, says: “The scale of Scottish Mortgage Investment …

Scottish Mortgage investment trust plc

Scottish Mortgage Investment Trust PLC raises further borrowings of £188 million

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Scottish Mortgage Investment Trust (LON:SMT) today announced that it has raised a further c£188 million in long-term, fixed rate, senior, unsecured private placement notes, denominated in a mixture of Sterling and Euros. This transaction has provided the Company with further long-term financing at very attractive rates. These new notes are part of Scottish Mortgage’s existing gearing facilities. The Board remains …

Scottish Mortgage Investment Trust Opportunities available today are compelling

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Scottish Mortgage Investment Trust (LON:SMT) announced its unaudited Interim Financial Report for the six months to 30 September 2019 which was approved by the Board on 7 November 2019. Interim Management Report We are determined long term growth investors. We continue to believe that the opportunities available today are compelling. We have not become pessimists. But none of this resolute …

Scottish Mortgage investment trust plc

Scottish Mortgage Investment Trust PLC Long term progress remains impressive

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Scottish Mortgage Investment Trust PLC (LON:SMT), today announced final results for the year to 31 March 2019. NAV (borrowings at fair value) * 14.6% NAV (borrowings at book value) * 14.4% Share Price* 16.5% Benchmark† 10.7% Source: Refinitiv / Baillie Gifford. All figures are total return*. See disclaimer at the end of this announcement. *      Alternative Performance Measure – see Glossary of Terms and Alternative …

Scottish Mortgage Investment Trust have continued to deliver good long term returns for shareholders

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Scottish Mortgage Investment Trust (LON:SMT), today announced the unaudited Interim Financial Report for the six months to 30 September 2018 which was approved by the Board on 1 November 2018.

Interim management report

Investment Approach

The Managers have not changed their investment approach. If a company, public or private, has the potential to grow substantially over the next 5 to 10 years, then it is a good place to start looking for long term value creation for shareholders. Over this timeframe and beyond, equity investment returns are primarily driven by just a very few, extraordinary companies. There is a real asymmetry to the possible returns from investing in such businesses, as the potential upside is significantly larger than the possible risk to the capital invested. The Managers are focused on trying to find and own these outliers on behalf of Scottish Mortgage’s shareholders.

The discipline to focus on your c