US and Mag 7 underweight weighs on Scottish American’s returns
Scottish American (SAIN) has published results covering the 12 months ended 31 December 2024. It was not a good year for the trust, with an NAV total return of 6.1% significantly lagging the market’s return of 19.8%. A widening discount made the share price total return even worse, ending the year at -4.2%. The company … Continue reading US and Mag 7 underweight weighs on Scottish American’s returns
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