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Scottish Mortgage Trust (SMT)

#6

NAME: SCOTTISH MORTGAGE TRUST

STOCK MARKET TICKER: (SMT)

BUSINESS: GLOBAL CAPITAL GROWTH

WHAT I PAID AND WHEN: £11.64 PER SHARE IN MARCH, 2026

DIVIDEND YIELD: 0.3%

ANNUAL DIVIDEND GROWTH: 6%

LAUNCH DATE: MARCH, 1909

TOTAL ASSETS: £18.2 BILLION

Even the best shares go through periods of bad performance which can provide good buying opportunities. That’s what happened when stock market setbacks gave me a second chance to get onboard a brilliant investment trust I really should have bought into a decade ago. But it was a bitter-sweet moment because this also involved selling out of another fund I had intended to hold forever.

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