SECURITIES TRUST OF SCOTLAND (NEW) RED ORD GBP0.01

Symbol: STS

Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.

Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 3rd Aug 2016 to 3rd Aug 201715.83%
  • 3rd Aug 2017 to 3rd Aug 20186.89%
  • 3rd Aug 2018 to 3rd Aug 201915.76%
  • 3rd Aug 2019 to 3rd Aug 20200.48%
  • 3rd Aug 2020 to 3rd Aug 202117.25%

Key Information

Benchmark N/A
Sector IT Global Equity Income
Gearing 110%
Ex-Dividend Date 20 May 2021
Dividend Pay Date 2 Jul 2021
Total Dividends - Year to Date5.7
Dividend Yield (%)2.6887

Net Asset Value (Nav)

Latest actual NAV 217.11
Latest actual NAV date 30/07/2021
NAV frequency Daily
Premium/Discount -2.35%

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.54%
Performance Fee No
AMC %
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here .
0.35%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.54%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Company

Business Summary

Securities Trust of Scotland plc is a closed-end investment trust. The investment objective of the Company is to achieve rising income and long-term capital growth through investment in a balanced portfolio constructed from global equities. The Company invests predominantly in global equities. The majority of the portfolio is invested in large capitalization companies and companies with market capitalizations. The Company invests approximately 15% of its gross assets in limited investment companies (including the United Kingdom listed investment trusts). It invests over 10% of the total portfolio in collective investment schemes, of which no holding can exceed 10% of the value of the collective investment scheme. Its investment portfolio includes financials, industrials, consumer goods, healthcare, consumer services, telecommunications, oil and gas, utilities, basic materials and technology. The Company's investment manager is Martin Currie Investment Management Limited.

Financial Summary

BRIEF: For the fiscal year ended 31 March 2021, SecuritiesTrust of Scotland plc revenues increased from -£11.9M to£51M. Net income totaled £48.1M vs. loss of £15.1M.Revenues reflect G/L on Trading Invest./Account Incomeincrease from -£20.6M to £40.8M, Net currency(losses)/gains increase from £78K to £1M, Overseas -equities increase of 9% to £6.6M. Net Income reflects OtherExpense decrease of 25% to £123K (expense).

Performance

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      -0.47% 4.21% 9.19% 17.25% 36.38% 68.86%

      Important Information
      Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

      The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.

      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      724,407 bytes PDF Document; last updated 30 Jun 2021
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      73,866 bytes PDF Document; last updated 10 Dec 2020
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      2,803,694 bytes PDF Document; last updated 31 Mar 2021
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      585,555 bytes PDF Document; last updated 30 Sep 2020

      Management Team

      James Harries Tomasz Boniek

      James Harries has managed this fund for 8 months.

      James Harries James is the Senior Fund Manager responsible for Troy’s Global Income Strategy. He has 23 years’ investment experience, and has managed global equity portfolios since 2002. Joining Troy in 2016 to establish the Troy Global Income Fund, James was previously a Fund Manager at Newton Investment Management where he established and managed the Newton Global Income Fund. He was also the alternate manager on the Newton Real Return Fund. Under James’s management, the Newton Global Income fund grew to c. £4.5bn in AUM and was first in its sector over 10 years. James graduated from Bristol University with a BSc in Politics, before completing his Masters in Finance at the London Business School. He holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Tomasz Boniek has managed this fund for 8 months.

      Tomasz Boniek Tomasz is Assistant Fund Manager of the Troy Global Income Fund and has responsibility for the analysis of global companies and their selection for Troy’s portfolios. He joined Troy in 2017 from Susa Fund Management, a European equity fund. He previously worked as an Associate at Bain Capital Credit. Tomasz graduated in European Economics from the University of Rome, before completing his Masters in Economics at Bocconi University, and his MBA at London Business School.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/03/2021

      31/03/2020

      31/03/2019

      31/03/2018

      31/03/2017

      31/03/2016

      Total Revenue 50.95 -11.86 23.16 0.92 45.45 -0.55
      Gross profit 49.68 -13.60 21.47 -0.80 43.83 -1.73
      Operating Profit/Loss 48.69 -14.19 20.86 -1.42 43.23 -2.37
      Profit Before Tax 48.69 -14.19 20.86 -1.42 43.23 -2.37
      Profit After Tax 48.07 -15.05 20.19 -2.11 42.59 -3.10
      Equity Holders of Parent Company 48.07 -15.05 20.19 -2.11 42.59 -3.10
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/03/2021

      31/03/2020

      31/03/2019

      31/03/2018

      31/03/2017

      31/03/2016

      Total Non-Current Assets 221.77 189.67 212.68 206.67 219.81 179.90
      Total Current Assets 2.03 8.51 5.96 7.77 5.70 2.21
      Total Assets 223.80 198.18 218.64 214.44 225.51 182.12
      Total Liabilities 16.12 27.71 27.20 NIL 26.05 17.63
      Total Net Assets 207.68 170.47 191.44 NIL 199.46 164.49
      Shareholders Funds 207.68 170.47 191.44 187.78 199.46 164.49
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 207.68 170.47 191.44 NIL 199.46 164.49

      Investment involves risk. You may get back less than invested.