Yes but they were killing it before all the sh*t hit the fan. Theyāve had consistency for a long long time.
The term was used in context of the longer timeline. If I just meant the last 3 months, Iād have said SMT were nuking it from orbit. 
Scottish Mortgage Trust - wow! Theyāve probably one of the healthiest charts Iāve seen during this whole pandemic. (Itās not surprise Iām not with them, Iām always a step behind 
) Iāve seen them mentioned before but as I felt kind of settled in my ETF funds I moved onto something else. Perhaps I shouldnāt have.
Question (not financial advice*) just purely asking.
Would one hold SMT is place of another ETF or alongside?
Iām not stuck with any (well ETFās) I have, so always open so improve my portfolio.
I hold two AIM stocks and thatās enough for me and my nerves 
both of them drive me a bit crazy.
Thanks all, super useful info as always.
FTSE 100 suddenly makes me think 
dinosaur. I think Iāll always look at it like my Dino stock.
I donāt know why they donāt take a leaf out of S&P 500ās approach (not now but eventually) to make it a little fresh and modern? Iām just a novice talking out loud. Surely it needs shaking up.
Perhaps the UK maybe late to the party (like I always am) and be more prominent in the future. It just feels like weāre being left behind.
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Thatās completely up to you. I reckon youāll get contrasting views of this as a strategy and also itāll be dependent on what the markets are doing and what assets the IT holds.
With Index trackers the holdings are pretty self-explanatory; with Investment Trusts the holdings are usually a Google away.
Personally Iād take a combination. Perhaps one or two of each (IT + ETF) but making sure the spread of asset coverage isnāt too overlapping.
I love SMT as it covers instruments we donāt have access to via 212 and also privately traded firms.
Yes, but is that because weāve gave you that impression? Go dig out the FTSE 250 list and review the companies there - what do you think of them? Are we off-base?
Just giving you a steer because I donāt want you going into any decisions based on our opinions. 
It all depends on personal preference/views.
I have invested in BT, Rightmove, IAG and National Grid, and will probably invest more if it goes down more. Also intend to invest in Vodafone, United Utilities, Tesco, AB Foods and SSE.
They arenāt all on the FTSE 100, but they are all listed on the LSE main market.
I must admit I donāt look at the ETF company list too often, I did when I decided upon the ETFās and route I wanted to go but not since so happy to see in the FTSE 100
Might be small % but technically Iām already invested with them. So in hindsight I feel less dinosaur and more strong and stable like an oak tree! They feel safe. (Well less risky than others)
That works for me though. Iāll always stay invested in the UK and more than likely in these two ETFās as I like them and what they hold but hopefully UK can just get more involved in future growth.
Thatās okay, Iāve rarely jumped into anything too quickly with my money. Iām a Yorkshire lass after all! 
we like our shrapnel too much!
I often re-read threads and opinions and info for quite some time after 
I think the FTSE 250 offers a much broader range (I really like that diversification) rather than FTSE100 which is banks, pharmaceutical, oils etc a seemingly more solid foundation.
@EquityInvestor Iām interested in trip advisor, rightmove and adding more in revolution bars - Iām not even contemplating them right now as Iām convinced come winter the market is going to change dramatically. If it doesnāt then Iāll move on without these in my portfolio.
Waiting for right move to drop to 400 ish 
Thanks all
So helpful, so much knowledge out there!!
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Isnāt the OCF for SMT 0.36%?
I checked their website before investingā¦
Please see it on the link below:
https://www.bailliegifford.com/en/uk/individual-investors/funds/scottish-mortgage-investment-trust/
Can anyone confirm?
Also, if you are interested in seeing all the holdings of the SMT, they are there. When I last checked a couple of day ago it also included the weighting for each of them, but I cannot seem to get it to display the weightings (%) anymore.
One thing to consider about companies in the FTSE 100, like dinosaurs, they get replaced and refreshed! You may or may not know that the FTSE 100 was reshuffled with easyJet, Carnival, Centrica and Megitt being demoted into the FTSE 250. What I am trying to say is that FTSE 100 is not static and while at the moment they are dominated by oil producers, financial, utilities etc which may give you the impression of dinosaurs, in the future they could be dominated by different exciting sectors based on market capitalisation.
Also the reason people suggested investment in the S&P 500 is that the US makes up around 40 -50% of the worldās stockmarket (let me know if I am wrong in that). So it makes sense to have some of your money in the S&P.
Finally as a counterpoint to other people posting on here. While SMT and IT companies are at the moment doing very well and seem to be popular, I was old enough to remember the Dot.com crash in 2001. When everyone else got excited by Internet companies and valuations were sky high before crashing down again. It could happen again with alot of these companies having sky high valuations. Although things may be different this time. But I do not have a crystal ball to see in the future. No one does which is why I have balanced out the companies that I have bought in the IT sector with ādinosaurā shares for piece of mind.
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I assume youāll be old enough to also know that this had nothing to do with sky high valuations and more to do with none of these companies knowing how to generate any revenues.
Tech of today is completely unlike tech of dotcom era. Tech creates serious revenues and the potential for revenue growth. Itās a totally different era, like comparing apples with oranges.
The FTSE has been a dog index for 15 years.
Itās about 58% iirc at the moment.
How does an ETF charge you? Does it take a cut of your dividend? Does it have a larger spread buy/sell? I donāt get them. I mean I understand they are a mixture of shares or commodities traded by a managed fund. But how does it work?
You could Google this 
They take a cut from the fund regularly, it ends up being such a small amount that you donāt notice.
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In a nutshell ETF fees come out of the price of the ETF on a daily basis. You never see it, but itās done like that.
They are so low though, it might as well just be free in the grand scheme of things.
One hourly price move could be the difference of a years worth of fees.
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It could be true what you said as my memory is not that great But my overwhelming I mpression was alot of hype with newspaper coverage of people setting up a website then being bought out by companies for millions based on potential earnings/profit/market share.
But I agree that this may be different as the environment has changed with the Internet maturing and almost being seen as a āutilityā
However I still think some IT sector companies are being overvalued, driven more by sentiment than reasoning. With some not make a profit yet. An example at the top of my head is Mercadolibre.
So I still stand by my assertion to @CeeGee that although I have invested in the IT sector, I have also invested in the FTSE 100 shares even though it is perceived by @CeeGee as a ādinosaurā
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MercadoLibre is profitable unfortunately has been severely hit with the devaluation of the Argentinian and Venezuelan currency.
It also generated 2.3bn in revenue last year, nearly 100% growth over 2018. Launched a payment system Mercado Pago, look at itās usage growth:
It has the potential to make serious money and is close to realising that.
This is no dotcom bubble fad.
Itās great that they get shuffled about and thereās some movement otherwise I wouldnāt be keen at all. I heard about Tate and Lyle entered too?
I did change my ādinosaurā quote and called the FTSE 100 rather an old oak tree. Steady and strong. Rather than extinct As itās most definitely not. In fact itās been pay day today and Iāve invested more with FTSE 100 and 250. 100% part of my portfolio.
I defiantly agree with the balancing out, perhaps overall I think itās a shame itās such a dominated market with the UK not being forefront.
I do believe weāve good things to offer but it feels thereās bigger fish to fry over the water. Again Iām just a newbie figuring things out.
Iāll stick by FTSE 100 and 250 regardless and hope exciting timeās are ahead.
its 100% staying within my portfolio, not making up 100% that would be crazy
No longer a no offence was intended. I now refer to it as strong and steady like an old oak tree.
Itās purely personal interpretation. I retract the extinct comparison.
Iām invested with them and have bought more today. I stick by them (albeit much lower % than US/emerging and Japan)
My original post was on where people could see it heading as alongside my other ETFās itās been in the red for quite some timeā¦was just trying to see if thereās a reason for it
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Actually I saw your post changing it to an oak tree. I probably got too obsessed with the dinosaur icon 
.
Anyway in regards to the reason for the poor performance of the FTSE, in my opinion it is to do with the confidence of the economy and the Government. Starting with Brexit when the country voted Leave, people could see what the economic issues would be in regards to leaving the EU. But hoping that the Government would see that as well and try to negotiate the best deal they can.
But it is almost half way through the end of 2020 there still does not seem to be any firm agreement about a trade deal with the EU. Other people may disagree on this.
Compounding this is the unknown economic impact of the pandemic in the UK. With job losses announced by major companies and the end of furlough in October, we may see more job losses at the end of the year.
All this uncertainty has an effect on the UK stockmarket and perception. As you said before comparisons with other stock markets may give the impression of it being a dinosaur or a strong oak tree .
However even though it is in the red I am still investing small amounts as I believe it will come good again. The FTSE still have alot of great companies in it and I am using this weakness to top up on these shares.
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I think thatās a great depiction of whatās probably happened to it at the moment. Thank you
I wasnāt ever worried itās just that I wanted to try and understand how all the others seem to be doing āokayā (though in saying that Japan ETF had a big slide today ) and FTSE 100 wasnāt. Makes much more sense now.
I bet youāll never look at the FTSE 100 the same way again now 
haha apologies for that.
Have a lovely weekend
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Late to the party 
FTSE 250 performs (a bit) better than FTSE 100 since its inception on 09/2014ā¦ BUTā¦
All the moves from some US companies can make it change in a not so near futureā¦ but so far even German DAX has performed better than FTSE 250. 
Every ETF that I own is in the red except the Global Aggregate Bond.
I watched a few videos saying bonds were sort of a no go (money unshackled? Although donāt watch their vids too much now as they annoy me at bit!) at the moment favouring using that extra cash on companies that were hit hard (buy them low) by the pandemic.
Iām sort of glad I didnāt listen too much as with a second wave around the corner (I believe) holding a bond is surely pretty safe? Along side the ETFās (And other bits) that Iām sure will rally after a shocking week.
Does anyone agree this is a good and wise move? Bonds?