Hamish Maxwell, investment specialist on Scottish Mortgage Investment Trust, offers listeners a comprehensive look into the current state of the global markets. The discussion highlights the trust's core strategies for navigating volatility and adapting portfolios for resilience. Hamish shares insights into sector rotations, geopolitical impacts, and emerging market opportunities that are critical for investors looking to invest over the long term. 

What’s covered in this episode: 

• What defines an ‘exceptional growth company’?
• Why a long-term time horizon is key
• What “edge” does Scottish Mortgage have on the market? 
• The importance of human behaviour
• How can investors find value in AI? 
• The three phases of AI investment
• Nvidia’s growth story, today and tomorrow
• Diversification within the AI sector
• The role of private companies in the portfolio
• Does the IPO market look healthy?
• How the trust is positioned to “invest in progress”

More about the fund: Oddly enough, Scottish Mortgage Investment Trust has no particular focus on Scottish investments and nothing to do with mortgages. Its name stems from its long history, which dates to 1909. These days, the trust typically holds between 50 and 100 companies worldwide, united by their strong growth prospects. The managers have a patient buy-and-hold approach and aim to maximise total returns – i.e. both income and capital growth – for shareholders over the long term. This fund typically has low turnover.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.