Trust profile
Securities Trust of Scotland aims to achieve rising income and long-term capital growth through investing in global equities.
We pay quarterly dividends to provide investors with a regular income.
The manager typically runs a focused equity portfolio of 40-60 stocks that is unconstrained by country or sector restrictions.
Securities Trust of Scotland pays a low basic annual management fee of 0.3% of net assets per annum, supported by a performance fee arrangement that aligns the manager’s interests directly with those of shareholders.
The company has the authority to repurchase shares at any time, thereby enhancing the net asset value per share for existing shareholders. If the average discount exceeds 7.5% in the 12 weeks prior to the financial year-end, a redemption opportunity is triggered.
Securities Trust of Scotland is overseen by an experienced independent board. By engaging with and listening to shareholders, the board ensures that the company continues to offer a distinctive investment proposition that is relevant to investors’ needs.