Scottish Mortgage Investment Trust is one of the oldest and largest investment trusts listed on the London Stock Exchange.  Since its launch as The Straits Mortgage and Trust Company Ltd in 1909 the trust has been managed by Baillie Gifford, the Edinburgh based investment manager.  Baillie Gifford is one of the UK’s largest independently owned investment management firms with £69bn* of funds under management and has been managing investment trusts since 1909.

Scottish Mortgage invests on a global basis and looks to reward its investors by searching out strong companies which offer above average returns to their shareholders.  The trust holds net assets of over £1.6bn*.

Scottish Mortgage Investment Trust PLC is listed on the stock market.  As a result, the value of the shares can be affected by changing stock market conditions and by currency exchange rates.  The value of an investment and any income from it can fall as well as rise, and investors may not get back the amount they invested.

Scottish Mortgage is proud to sponsor the Scottish Mortgage Investment Trust Book Awards and you can find out more information about Scottish Mortgage on Baillie Gifford’s website at   www.bailliegifford.com

Baillie Gifford is a major sponsor of various literary festivals throughout the UK such as the Cheltenham Literature Festival and Henley Literary Festival.  More details of this sponsorship can be found at www.bgtrustonline.com.   Trust Online is the online version of Baillie Gifford’s Trust magazine and contains topical articles, news and views on investment trusts.

*as at 31 December 2011