The Week

TIME JUST MAKES IT TASTIER.

SCOTTISH MORTGAGE WAS ORIGINALLY LAUNCHED TO PROVIDE LOANS TO RUBBER GROWERS IN MALAYSIA IN THE EARLY 20TH CENTURY.

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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. 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 191.3%* compared to 103.4%* for the index. And Scottish Mortgage is low-cost with an ongoing charges figure of just 0.45%.† 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.

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