The future.
Be there first.
Invest in progress.

Our Purpose

At Scottish Mortgage, our purpose is simple. Maximise total returns over the long term. To do that, we aim to own the world’s most exceptional public and private growth companies. And we utilise our investment trust structure to limit fees so that shareholders keep more of any returns generated. Explore this website to discover what we mean by ‘Invest in Progress’, how we find and support the companies shaping the future, and how you can be a part of it. A good place to start is our Philosophy page.

The Invest in Progress Podcast

What better way to learn about the companies we hold than by hearing from the founders themselves?

Listen to our podcast Invest in Progress, in which our managers welcome the leaders of some of the world’s most exciting growth companies.

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Insights

Video

Manager Insights: Tom Slater

In uncertain times, companies that display resilience and capital efficiency will be rewarded.

Article

Why Technical Leaders Have an Advantage

How the expertise of leaders at Meta, Shopify, Roblox and Spotify's expertise helps them put AI to use.

Video

Q1 Portfolio Update

Observations on recent volatility, a deep dive into two key long-term growth trends, and latest transactions.  

Webinar

Private Companies: Primary Capital is Purposeful Capital

Why owning public and private companies in one fund is a unique proposition.

Share price

Source: Morningstar. Share prices are shown at closing mid price. NAVs are estimated.
*Ongoing charges as at 31 March 2024. Calculated in accordance with AIC recommendations. Details of these costs can be found in the Key Information Document.

Key information

AGM & Registrar

AGM

Next held on 3 July 2025 at the National Galleries of Scotland, The Mound, Edinburgh EH2 2EL.

Registrar

Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol, BS99 6ZY.

AIC Investment Sector

Global

Launch Date

1909

Assets

Past performance is not a guide to future performance.

**Relative to FTSE All-World Index. Source: Baillie Gifford & Co, FTSE.

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Managed by BG

Investment trusts are UK public companies and are not authorised and regulated by the Financial Conduct Authority. You may not get back the amount invested and please bear in mind that past performance is not a guide to future performance.