Scottish Mortgage Investment Trust - Time Line

Time Line

  • 1909 - Launch of Straits Mortgage & Trust Limited
  • 1913 - Name change to Scottish Mortgage & Trust Company Limited
  • 1914-18 - First World War
  • 1929 - Wall Street Crash
  • 1933 - Scottish Mortgage cuts dividend - the only time in its history
  • 1939-45 - Second World War
  • 1957 - Macmillan tells Britons they have "never had it so good" - reflects post-war economic and stock market boom
  • 1965 - Finance Act - major tax changes
  • 1969 - Scottish Mortgage merges with two other trusts: Second Scottish Mortgage & Scottish Capital
  • 1973-4 - Oil shock and stock market crash
  • 1975 - Start of a 25-year bull run in equities
  • 2000 - Long bull market ends with bursting of technology bubble
  • 2002 - Name change to Scottish Mortgage Investment Trust PLC
  • 2003-7 - Market rally led by emerging markets and commodities
  • 2008 - Scottish Mortgage annual dividend per share reaches record high of 10.3 pence. Severe stock market falls as banking and credit crisis takes place
  • 2009 - Scottish Mortgage's 100th AGM held in June in Edinburgh.
  • 2010 - Tom Slater appointed Deputy Manager of Scottish Mortgage Investment Trust PLC

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