Scottish Mortgage: Movements on 113-year-old trust are buying opportunity

Lacklustre recent performance

Kathleen Gallagher
clock • 4 min read

The largest investment trust on the London Stock Exchange is Baillie Gifford’s flagship Scottish Mortgage trust.

If longevity is important to investors, then this 113-year-old trust has a lot going for it. However, its recent performance has been lacklustre, throwing it into the spotlight for all the wrong reasons. Still, analysts believe investors interested in exposure to long-term growth companies should be eyeing recent movements as a potential buying opportunity, albeit with a warning.  The £16.8bn trust started life by offering mortgages secured against rubber plantations in 1909 and, safe to say, it has evolved significantly since, surviving two world wars, multiple market cycles and changin...

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