Interesting the likes of SMT and SAIN have quite different considerations/purposes. What has you looking at SAIN along with the others? Just for some reliable dividend?
Diversification mainly, the holdings are varied and I liked the fact that it also holds property, that looking back at their purchase and value figures has massively grown in value since purchase. One of their properties is also in my home town, so thought that was interesting.
When you look at the length of time they have managed to grow their dividend and the fact it’s been grown through wars, dot come bubble, financial crash and even recently through covid, it also stood out as a solid dividend play for the long term.
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Sorry guys, being really lazy here. What’s the dividend for SAIN?
3p per share next dividend.
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Current yield is 2.7%. It’s recently been 3p per share, paid out quarterly.
Nothing outrageous, but check out the historical dividend growth chart on the website… it shows growth from 1937!
Thanks for sharing I was curious. I quite link how they managed their trusts but SAIN isn’t one I’ve considered quite at the moment for a bit of diversification
For those of us that invest in Baillie Gifford Positive Change, it now looks like it’s coming to Investment Trust format.
Presuming they apply the same strategy?
Ticker = LSE:KIT (not sure if this will change)
Objective = To provide shareholders with long-term growth of capital, mainly from UK investments
Current Top 10 Holdings;
Barrick Gold - Canadian Listed (5.4%)
British American Tobacco (3.7%)
Newmont - US Listed (3.7%)
Barclays (3.7%)
SSE (3.6%)
Tesco (3.6%)
Agnico Eagle Mines - Canadian Listed (3.4%)
JD Sports Fashion (3.1%)
Next (3.0%)
BP (3.0%)
BG Positive Change Fund Top 10 Holdings;
Tesla Inc (8.6%)
M3 (6.9%)
TSMC (5.9%)
ASML (4.9%)
MercadoLibre (4.6%)
Kingspan Group (4.5%)
Illumina (3.9%)
Dexcom (3.7%)
Teladoc (3.5%)
Moderna (3.4%)
It’ll be interesting to see if BG give it a complete overhaul, but unless Keystone change the objective of the Trust (which they may well do), I’m not sure this will be a complete emulation of BG’s existing Positive Change fund.
I’m sure Tesla will be involved to some extent though! 
From what I’ve read it will be run by BG, marry the Positive Change Investment approach (with an additional advantage of investing in unlisted companies ) and will change its name to Keystone Positive Change.
Tobacco looks out of place in q proposed positive change portfolio 
Yeah there must be an overhaul, but to what extent remains to be seen. Keystone might have to revise their objective away from a UK-focus to facilitate BG’s approach.
With a ticker like KIT, you would expect it to hold some stocks loosely related to knight rider
Or Jon Snow…
Likely ditching the UK focus.
Yesterday I’ve sold my small position in Tesla as I’ve decided to exclusively invest in BG funds. I’m planning the same for Amazon and Alibaba, but need to wait a little more, so I can take some profits. Currently the FX is killing my profits.
I wouldn’t have Tesla in my ISA but would perhaps in the Invest. just due to the price volatility and not wanting to mess with my ISA funds and allocation limit. still not really sold on funds yet for myself, I have some SMT just to see how far it’ll go.
You’ll still be exposed the FX though, but just won’t directly see it?
That was not my point. My point was not to “double-invest” on the same holdings as the SMT, USA and EWI.
I’m double on the FX front as I’m using EUR.