Morningstar downgrades Scottish Mortgage as Stifel says to take profits

Rating slips to 'Silver'

David Brenchley
clock • 3 min read

Morningstar has downgraded Scottish Mortgage investment trust from a 'Gold' to a 'Silver' rating amid an overhaul of its ratings framework, while broker Stifel has told investors to "lock in gains" from the Baillie Gifford flagship fund.

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