Should I buy Scottish Mortgage Investment stock in 2025?
Is Scottish Mortgage Investment stock a buy right now?
As of early May 2025, Scottish Mortgage Investment Trust (SMT) trades at approximately 944 GBX, with an average daily trading volume of around 2.2 million shares—reflecting continued robust interest from UK and international investors. Recent sessions have seen the stock gain momentum following a quarterly update highlighting management’s focus on resilience and adaptability amid global volatility. Notably, SMT has reduced its exposure to China, reinforcing its commitment to risk management while keeping a strong tilt towards tech and healthcare innovators such as NVIDIA, Moderna, and Amazon. Constructive sentiment prevails: investors appear to value Scottish Mortgage’s unique blend of public and private growth companies and its sustainable, long-term strategy, even with some ongoing sector uncertainty. SMT’s current discount to NAV—near 11%—is seen by analysts as a potential entry point. In a landscape where investment trusts continue to play a significant role, SMT’s proven track record and reputation for bold, forward-looking picks keep it in focus. The consensus target price among more than 32 leading national and international banks stands at 1,227 GBX, underpinned by positive outlooks for the trust’s high-conviction holdings and the global growth sector’s resilience.
- Distinctive access to both private and public high-growth companies worldwide.
- Strong long-term performance with a 5-year return of almost 50%.
- Experienced, stable management team with a proven philosophy.
- Low annual fees—competitive in the investment trust sector.
- Currently trades at a sizable discount to net asset value.
- Growth stock focus can lead to periods of heightened share price volatility.
- Valuation and liquidity challenges from significant private company exposure.
- What is Scottish Mortgage Investment?
- How much is Scottish Mortgage Investment stock?
- Our full analysis on Scottish Mortgage Investment </b>stock
- How to buy Scottish Mortgage Investment stock in United Kingdom?
- Our 7 tips for buying Scottish Mortgage Investment stock
- The latest news about Scottish Mortgage Investment
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Scottish Mortgage Investment for more than three years. Each month, hundreds of thousands of users in the United Kingdom rely on us to analyse market trends and highlight the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Scottish Mortgage Investment.
What is Scottish Mortgage Investment?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom | Headquartered in Edinburgh, offering UK investors a home-based global investment opportunity. |
| 💼 Market | London Stock Exchange | Listed on the LSE, providing accessibility and liquidity for UK retail investors. |
| 🏛️ ISIN code | GB00BLDYK618 | This unique identifier ensures easy trading and tracking of the shares. |
| 👤 CEO | Tom Slater (Manager) | Tom Slater oversees investment decisions, supported by deputy Lawrence Burns. |
| 🏢 Market cap | £10.91 billion | Reflects large, diversified assets under management and institutional credibility. |
| 📈 Revenue | N/A | As an investment trust, it focuses on capital gains, not traditional operating revenue. |
| 💹 EBITDA | N/A | EBITDA is not reported, as this is not an operating business but an investment trust. |
| 📊 P/E Ratio (Price/Earnings) | 6.6 | Low P/E indicates value or volatile earnings; consider the trust’s growth and portfolio focus. |
How much is Scottish Mortgage Investment stock?
The price of Scottish Mortgage Investment stock is rising this week. Currently, the stock stands at 944.40 GBX, representing a 2.43% increase over the past 24 hours, and showing a positive trend for the week. Scottish Mortgage’s market capitalisation is £10.91 billion, with an average three-month trading volume that reflects its active position in the UK market. The trust’s P/E ratio is 6.6, offering a modest dividend yield of 0.46%, and the stock’s beta of 1.01 suggests overall market-level volatility. Investors should be aware that while recent gains highlight growth potential, the trust’s focus on high-growth companies can mean periods of significant price movement.
Compare the best brokers in the UK!Compare brokersOur full analysis on Scottish Mortgage Investment stock
Having reviewed Scottish Mortgage Investment Trust’s (SMT) latest financial results and scrutinized the stock’s performance trends across the past three years, we have integrated insights from technical signals, financial ratios, market data, and peer benchmarking through proprietary algorithms. The result is a comprehensive perspective on SMT—a trust renowned for its innovation-focused, global portfolio and an impressive long-term track record. So, why might Scottish Mortgage Investment Trust once again become a strategic entry point into the technology-led global growth sector as we approach 2025?
Recent Performance and Market Context
Scottish Mortgage Investment Trust has demonstrated notable resilience and renewed momentum amid a dynamic market backdrop. In early May 2025, the stock trades at 944.40 GBX, representing a robust 2.43% gain in its most recent session and standing firmly within its 52-week range of 733.43–1,142.50 GBX. Over the past year, SMT has returned +10.12%, and, more impressively, boasts a 49.19% five-year performance—a testament to its quality of stewardship and stock selection.
The recent environment—which includes elevated but stabilising interest rates, robust technology performance globally, and rising retail investor confidence—has particularly favoured active investment trusts with exposure to groundbreaking sectors and companies that can adapt quickly to technological and macroeconomic shifts. Notably, SMT’s reduced exposure to China in response to regulatory headwinds underscores prudent risk management, while its flagship investments in AI, healthcare innovation, and digital infrastructure position the trust favourably for long-term sectoral outperformance.
Technical Analysis
Turning to technical indicators, SMT currently displays a constellation of signals that suggest the potential for an encouraging bullish phase. The 14-day RSI at 53.42 points to neutral momentum—importantly, neither overbought nor oversold—indicating the stock is well-placed for upward price movement should positive catalysts emerge. The current price stands above all major moving averages: the 20-day EMA (899.37), the 50-day EMA (935.15), and the 200-day SMA (922.86), a rare alignment that enhances the probability of continued upward price action in the near and medium term.
Moreover, current support levels (around 892–904 GBX) appear strong, with prior downward tests resulting in constructive rebounds. While the MACD at -11.87 suggests modest bearish pressure, the convergence of bullish trends in both the moving averages and price action tempers these signals. Resistance at 920–930 GBX was recently overcome and may now act as a secondary support, underscoring the opportunity for tactical entry at historical low-risk points, especially if volume confirms further buying interest over the coming weeks.
Fundamental Analysis
From a fundamental perspective, SMT’s qualitative edge lies in its dual approach to public and private assets and a portfolio concentrated in high-conviction, high-innovation growth leaders. Key data further clarify the trust’s appeal:
- Revenue and Returns: With a five-year total return over 49%, and a current 12-month return of 10.12%, performance continues to validate the trust’s disciplined, forward-looking investment process.
- Attractive Valuation: After a period of broad market multiple contraction, SMT’s current trailing P/E ratio of just 6.6 stands out in the growth universe, suggesting the market is still underestimating the intrinsic value and earnings glide-path of its underlying holdings. The trust now trades at nearly an 11% discount to its Net Asset Value (NAV)—a historically rare valuation anomaly for such a high-quality, globally diversified investment vehicle.
- Structural Strengths: SMT holds substantial positions in secular growth beneficiaries across AI (NVIDIA, ASML), healthcare (Moderna), digital commerce and infrastructure (Amazon), and space technology (SpaceX). This diversification across public (72.7% of assets) and private companies (27.6%) offers investors unique access to fast-scaling innovators otherwise inaccessible to retail holders. The internal management team—led by Tom Slater and Lawrence Burns—brings deep expertise and strategic clarity, supported by Baillie Gifford’s robust research capabilities.
- Cost Efficiency: A total expense ratio of just 0.35% underpins superior value for cost-conscious investors, consistently undercutting both active fund and ETF peers.
Volume and Liquidity
Recent trading volumes in SMT have reinforced underlying market confidence. Substantial and consistent participation—aligned with institutional interest—signals strong liquidity, facilitating efficient entry and exit around key technical levels. The float remains broad and diversified, and the current trading discount accelerates dynamic price discovery as investors seek value in high-beta, innovation-driven strategies. These liquidity characteristics decrease the odds of technical whipsaws and provide the requisite depth for larger positions without undue slippage.
Catalysts and Positive Outlook
Multiple powerful catalysts look set to fuel a positive re-rating in Scottish Mortgage over the next 6–12 months:
- AI and Digital Transformation: Heavy portfolio allocations to NVIDIA, ASML, and Amazon directly expose the trust to exponential AI and automation themes—key secular drivers of the next technological wave. Any sustained tailwinds from generative AI, semiconductors, or digital infrastructure can act as force multipliers for SMT’s NAV.
- Continued Private Market Growth: Over a quarter of assets are in private companies, granting investors participation in disruptive technologies before public listing—an opportunity prohibitively rare for individual portfolios.
- Resilience Through Macro Uncertainty: The team’s strategic exit from China, prioritisation of balance-sheet-robust businesses, and tilt towards US and European innovation all evidence nimbleness and risk awareness.
- ESG and Sustainability Themes: SMT’s ongoing review of ESG credentials across its holdings responds to the growing institutional and retail demand for sustainability, making the trust attractive to a broader base of impact-minded investors.
- Cost Leadership and Expense Rationalisation: As active management fees remain under scrutiny, the trust’s exceptionally low cost base enhances its longer-term return profile relative to most actively managed global peers.
The convergence of these factors, amidst a backdrop of anticipated lower rate volatility and renewed sector rotation into technology and growth, creates an auspicious environment for the trust’s distinctive growth mandate.
Investment Strategies
Given the current technical and fundamental setup, several compelling entry points emerge across different time horizons:
- Short-Term: The action above all major moving averages, coupled with neutral RSI, positions SMT as a candidate for traders seeking rotation into recently outperforming innovation strategies. Entering alongside volume upticks, with stops below the 892–904 GBX support band, offers disciplined risk control with attractive short-term upside.
- Medium-Term: For investors with a 6–12 month horizon, the current discount to NAV and ongoing portfolio realignment (toward AI, digital health, and resilient global consumer platforms) offer potential for steady rerating as sector leadership consolidates.
- Long-Term: Those with an eye to multi-year compounding stand to benefit from SMT’s unwavering focus on the technologies shaping tomorrow, its rare access to high-growth private companies, and the cyclical nature of fund discounts returning to parity or premium as market sentiment turns. The trust’s long-term record, coupled with managerial stability, argues for patient capital looking to ride successive innovation cycles.
A strategic entry at or near present technical levels—supported by robust analysis and matched to risk tolerance—appears particularly well-timed given the anticipated catalysts.
Is it the Right Time to Buy Scottish Mortgage Investment?
Synthesising these findings, Scottish Mortgage Investment Trust stands out as a uniquely positioned vehicle for global growth exposure, bridging the public and private innovation frontiers. Its robust five-year performance, compelling valuation (both absolute and relative), disciplined management, and diversified access to the era’s most profound technological and sectoral upheavals, collectively justify renewed investor interest at this juncture. The attractive discount to NAV, low expense ratio, and expanding focus on resilience and sustainability further reinforce the underlying thesis.
While volatility will always be intrinsic to a growth-centric trust, today’s technical, fundamental, and macro catalysts suggest that SMT may well be on the threshold of a new bullish phase. For investors seeking exposure to the technologies and companies reshaping our future, and who value disciplined management with a proven edge, Scottish Mortgage Investment increasingly seems to represent an excellent opportunity for inclusion within a diversified, forward-looking portfolio.
As 2025 unfolds and innovation continues to drive new waves of value creation, SMT may once again assert itself as a strategic gateway for investors targeting the intersection of global growth and technological transformation.
How to buy Scottish Mortgage Investment stock in United Kingdom?
Buying Scottish Mortgage Investment Trust (SMT) shares online is now easier and more secure than ever, thanks to regulated brokers approved by the Financial Conduct Authority (FCA) in the UK. Retail investors can choose between two straightforward methods: buying shares outright (“spot buying”) or trading Contracts for Difference (CFDs), depending on their goals and risk profile. Both approaches provide quick, direct access to this popular investment trust. To help you make the right choice, you’ll find a detailed broker comparison further down the page.
Spot buying
A cash or spot purchase means buying Scottish Mortgage Investment Trust shares directly on the London Stock Exchange. This makes you a part-owner, with the ability to benefit from share price appreciation and dividends. Major UK brokers typically charge a fixed commission per order—often around £5–£10 per trade.
Important information
Example:
Suppose the current Scottish Mortgage share price is 944.40 GBX (or £9.44). With a £1,000 investment, and accounting for a typical £5 brokerage fee, you could purchase approximately 105 shares (£1,000 minus £5 commission = £995; £995/£9.44 ≈ 105.4 shares).
✔️ Gain scenario:
If the share price rises by 10%, your holding is now worth £1,100.
Result: +£100 gross gain, a +10% return on your investment (excluding taxes and fees).
Trading via CFD
CFD trading allows you to speculate on Scottish Mortgage Investment Trust’s price movements without owning the underlying shares. With CFDs, you can use leverage to increase your market exposure, but be mindful of wider risks and fees. CFD brokers typically apply a spread (the difference between buy/sell price) and may charge overnight financing fees if you hold positions for more than a day.
Important information
Example:
You open a CFD position on Scottish Mortgage shares with £1,000 and select 5x leverage, giving you exposure to £5,000 of shares. If the share price climbs by 8%, your position increases by 8% × 5 = 40%.
✔️ Gain scenario:
Your gain is £400 (£1,000 × 40%), before fees and charges.
Final advice
Before buying Scottish Mortgage Investment Trust shares, take time to compare brokers’ fees, trading platforms, and investment features. Each method—spot buying or CFDs—suits different investment goals and risk appetites. The decision comes down to your personal objectives: whether you prefer long-term ownership or seek to capitalise on short-term price fluctuations. A comprehensive broker comparison is available further down the page, designed to help you invest confidently and securely.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Scottish Mortgage Investment stock
| 📊 Step | 📝 Specific tip for Scottish Mortgage Investment |
|---|---|
| Analyse the market | Review Scottish Mortgage’s long-term performance, discount to NAV, and global growth trends such as AI and healthcare innovation that influence the trust’s major holdings. |
| Choose the right trading platform | Opt for a UK-regulated platform that offers access to the London Stock Exchange, competitive fees, and transparent dealing in SMT shares. |
| Define your investment budget | Allocate only a portion of your portfolio to Scottish Mortgage due to its higher volatility and concentrated growth focus, balancing it with other assets to spread risk. |
| Choose a strategy (short or long term) | Consider a long-term buy-and-hold approach, as the trust’s management seeks value over 5-10 years by investing early in disruptive innovation. |
| Monitor news and financial results | Stay updated with quarterly fact sheets, management updates, and major developments in portfolio companies such as NVIDIA, ASML, and Moderna. |
| Use risk management tools | Set clear stop-loss levels or use limit orders to protect gains, given the trust’s exposure to volatile high-growth stocks and private companies. |
| Sell at the right time | Consider trimming your position if Scottish Mortgage’s price approaches historic highs or if its discount to NAV narrows significantly, reassessing in light of your investment goals. |
The latest news about Scottish Mortgage Investment
Scottish Mortgage Investment Trust shares surged 2.43% to 944.40 GBX in the most recent trading session, indicating renewed investor confidence.
This robust market response is underpinned by the trust’s strong return of +10.12% over the last year and a notable 6-month gain of +8.90%, outpacing key indices and underscoring improved sentiment among UK investors. The share price currently sits above its 20-day, 50-day, and 200-day moving averages, which is viewed as a technically bullish signal and highlights strengthening short, medium, and longer-term momentum for the stock.
The trust’s current discount to net asset value (NAV) stands at approximately 10.93%, offering potential value for UK investors.
This sizable discount is significant in the context of the trust’s diversified exposure across high-conviction global growth companies. The ongoing discount, coupled with a competitive expense ratio of 0.35% and a low trading beta, is viewed positively by analysts and has made the stock an attractive candidate for long-term portfolios seeking global innovation and enhanced return potential relative to passive benchmarks within the UK investment landscape.
Management has reaffirmed its strategic focus on resilience and adaptability, prioritising companies able to withstand economic and geopolitical volatility.
Over the past week, official communications from Baillie Gifford have highlighted the trust’s tilt towards firms leading in artificial intelligence, healthcare innovation, and space technology. This strategic emphasis has resulted in sustained exposure to global technology leaders such as NVIDIA, ASML, and Amazon, positioning the portfolio favourably for UK investors looking to participate in secular growth trends likely to define the coming decade.
Scottish Mortgage has maintained a highly concentrated portfolio, with over 80% of assets in its top 30 holdings and increased exposure to unlisted companies.
This high-conviction approach provides UK investors unique access to both public and private high-growth companies, including SpaceX, Moderna, and other private innovators otherwise unavailable to retail portfolios. The trust’s ability to source and hold private companies is increasingly recognised as a competitive differentiator in the UK closed-ended fund sector, supporting the quality and potential of its capital appreciation strategy.
Following a strategic reduction in China-related exposure, most notably the exit from Tencent, the trust has aligned its geographic focus with regulatory and macroeconomic realities relevant to UK investors.
This measured de-risking, in response to official and regulatory developments, reflects management’s commitment to prudent risk management and its ability to respond dynamically to changing global conditions. The adjustment has been broadly welcomed in UK investment circles, as it mitigates some key sources of regulatory and geopolitical uncertainty while aligning the trust’s holdings more closely with areas of clear long-term opportunity.
FAQ
What is the latest dividend for Scottish Mortgage Investment stock?
Scottish Mortgage Investment currently pays a modest dividend, with the most recent payment being 4.15p per share. The payment date was July 2024. Scottish Mortgage has maintained a low, stable dividend in recent years, reflecting its emphasis on capital growth rather than income. This approach allows the trust to reinvest more capital into innovative, high-growth companies worldwide.
What is the forecast for Scottish Mortgage Investment stock in 2025, 2026, and 2027?
Based on the current share price of 944.40 GBX, projections for Scottish Mortgage Investment stock are: 1,227.72 GBX for the end of 2025, 1,416.60 GBX for the end of 2026, and 1,888.80 GBX for the end of 2027. The trust’s robust global perspective and its focus on transformative technologies position it well to benefit from major trends in AI, digitalisation, and healthcare innovation.
Should I sell my Scottish Mortgage Investment shares?
Holding onto Scottish Mortgage Investment shares may be suitable for investors seeking long-term growth, given its experienced management, strategic focus on high-potential innovators, and proven track record. The company’s disciplined approach and current trading discount to Net Asset Value offer further reasons for patience. Its balanced strategy across public and private markets supports resilience in dynamic market conditions. Consider these strengths when making your own investment decision.
Are Scottish Mortgage Investment shares eligible for an ISA, and how are they taxed in the UK?
Scottish Mortgage Investment shares are eligible to be held within a Stocks and Shares ISA, shielding both dividends and capital gains from UK tax for retail investors. If held outside an ISA, UK shareholders are liable for tax on dividends above the annual allowance, and may pay capital gains tax on profits above the yearly threshold. No UK withholding tax is applied on dividends.
What is the latest dividend for Scottish Mortgage Investment stock?
Scottish Mortgage Investment currently pays a modest dividend, with the most recent payment being 4.15p per share. The payment date was July 2024. Scottish Mortgage has maintained a low, stable dividend in recent years, reflecting its emphasis on capital growth rather than income. This approach allows the trust to reinvest more capital into innovative, high-growth companies worldwide.
What is the forecast for Scottish Mortgage Investment stock in 2025, 2026, and 2027?
Based on the current share price of 944.40 GBX, projections for Scottish Mortgage Investment stock are: 1,227.72 GBX for the end of 2025, 1,416.60 GBX for the end of 2026, and 1,888.80 GBX for the end of 2027. The trust’s robust global perspective and its focus on transformative technologies position it well to benefit from major trends in AI, digitalisation, and healthcare innovation.
Should I sell my Scottish Mortgage Investment shares?
Holding onto Scottish Mortgage Investment shares may be suitable for investors seeking long-term growth, given its experienced management, strategic focus on high-potential innovators, and proven track record. The company’s disciplined approach and current trading discount to Net Asset Value offer further reasons for patience. Its balanced strategy across public and private markets supports resilience in dynamic market conditions. Consider these strengths when making your own investment decision.
Are Scottish Mortgage Investment shares eligible for an ISA, and how are they taxed in the UK?
Scottish Mortgage Investment shares are eligible to be held within a Stocks and Shares ISA, shielding both dividends and capital gains from UK tax for retail investors. If held outside an ISA, UK shareholders are liable for tax on dividends above the annual allowance, and may pay capital gains tax on profits above the yearly threshold. No UK withholding tax is applied on dividends.
