Scottish Mortgage Investment Trust plc (SMT) Ordinary Shares 5p

Scottish Mortgage Investment Trust PLC is a United Kingdom-based investment trust. The Company’s investment objective is to maximize total return from a portfolio of long-term investments chosen on a global basis, enabling the Company to provide capital and dividend growth. The Company invests in listed and private company securities and makes other investments to achieve its investment objective to maximize total return from a portfolio of long-term investments. It invests in various sectors, including consumer discretionary, technology, healthcare, industrials, financials, consumer staples, basic materials and energy. The Company invests in various geographical segments, including North America, Europe, Asia, South America, Africa and the Middle East. The Company’s Alternative Investment Fund Manager (AIFM) is Baillie Gifford & Co Limited.

The objective is to maximise total return from a portfolio of long term investments chosen on a global basis enabling the Company to provide capital and dividend growth.

• Ongoing charge0.31%
• Annual management charge -
• Performance feeNo

The annual management fee is 0.30% p.a. on the first GBP 4bn of TA less current liabilities under management, and 0.25% p.a. thereafter. The Investment Management Agreement is terminable on not less than six months notice.