Portfolio
Scottish Mortgage provides you with access to a high-conviction, global portfolio made up of public and private growth companies. We are benchmark agnostic, meaning the managers can select the companies they have the highest conviction in, and so we provide shareholders exposure to a diverse range of sectors and industries.
Performance
At Scottish Mortgage, we aim to maximise total returns for shareholders over the long term, typically five years or more.
When holding companies over such a period, volatility is inevitable. So while the size of returns we aim to deliver may be attractive, the path to achieving them may not. That's why we ask shareholders to be aware of time horizons when choosing to invest.
Below you’ll find the share price and NAV performance compared to that of its benchmark, the FTSE All World Index TR.
The value of your investment may go down as well as up, and you may not get back the amount you invested. Please bear in mind that past performance does not predict future returns.
Shareprice, NAV and Benchmark
This graph shows the performance of our share price and net asset value (NAV) alongside the Trust’s benchmark which is the FTSE All-World Index.
As at 31 May 2026
Source: Morningstar, FTSE.
Performance figures appear in GBP. Benchmark data is limited to a 5 year period from the current date.
The graph has been rebased to 100.
Discount/Premium at Fair
If the current share price is above the net asset value (NAV), the Trust is said to be trading at a premium, i.e. it costs more to buy the shares than the underlying investments are worth. When the share price is below the NAV, this is known as trading at a discount. This chart tracks what % of the NAV the share price has been trading at.
As at 31 May 2026
Source: Morningstar. Premium/Discount of share price to NAV at fair.
If the graph shows negative figures this means that the share price is lower than the NAV at fair – this is known as trading at a Discount.
If the graph shows positive figures this means that the share price is higher than the NAV at fair - this is known as trading at a Premium.
Periodic/Discrete Performance
Periodic performance shows the cumulative performance over a total time period. Discrete performance shows the gain or loss of the Trust's price over a defined time period as a percentage.
All figures to 31/05/2026
Important information
Please remember that all investment strategies have the potential for profit and loss and your or your clients’ capital may be at risk.
The information on this Website is issued by Baillie Gifford Asia (Hong Kong) Limited
柏基亞洲(香港)有限公司 (the “Company”) which is licensed by the Securities and Futures Commission of Hong Kong (the “SFC”) under the Securities and Futures Ordinance (“SFO”) for Type 1 (Dealing in Securities) regulated activity with CE Number BGB803. It allows the Company to market and distribute the Baillie Gifford’s range of collective investment schemes and closed-ended funds such as investment trusts to Professional Investors (as defined by the SFO) in Hong Kong.
The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the SFO or any conduct of business rules which we are bound to comply with. The information on this website has not been reviewed by the SFC. These Terms and any non-contractual obligations arising from or connected with them shall be governed by, and these Terms shall be construed in accordance with, the laws of Hong Kong.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation or offer to buy, sell or hold a particular investment. You can read details of our Legal and Important Information here. Please remember that all investment strategies have the potential for profit and loss and your or your clients’ capital may be at risk.
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Baillie Gifford Asia (Hong Kong) Limited 柏基亞洲(香港)有限公司 is incorporated in Hong Kong. The Company’s principal place of business is Suites 2713-2715 Two International Finance Centre, 8 Finance Street, Central, Hong Kong . Baillie Gifford Asia (Hong Kong) Limited 柏基亞洲(香港)有限公司 is a wholly owned subsidiary of Baillie Gifford Overseas Limited, which is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited and Baillie Gifford & Co are authorised and regulated in the UK by the Financial Conduct Authority.
