Scottish Mortgage is one of the largest, most successful investment trusts and has stood out recently for being one of the big early investors in SpaceX, long before its IPO.
The managers of the trust also went heavily into big tech stocks like Nvidia and Taiwan Semiconductor earlier than most, and have been heavily rewarded by the AI boom over the past three years. In the past year to the end of July, it’s up around 23 per cent, compared to around 20 per cent for an All World tracker index.
