Scottish American : SAIN (formerly SCAM) will invest mainly in equity markets, but other investments may be held from time to time including bonds, property and other asset classes. There are no pre-defined maximum or minimum exposure levels for asset classes, sectors or regions.
The Board caution that Scottish American’s performance in any one year is likely to differ from that of its benchmark index, sometimes by a significant amount. In order to achieve real growth in the dividend, the focus of the portfolio is on listed equities. The equity portfolio consists of shares listed both in the UK and in overseas markets. The portfolio is diversified across a range of holdings with little regard paid to the weighting of individual companies in the composite benchmark index.