Scottish Mortgage Investment Trust Equivalent

poto

Good evening everybody, 
Is anyone aware of an OEIC/UT equivalent of the Scottish Mortgage IT?  If not, a close "cousin" maybe?
As always, thank you.

quirkydeptless

The Company's alternative investment fund manager (AIFM) is Baillie Gifford & Co Limited, so maybe they have one

Username999

poto said:

Good evening everybody, 
Is anyone aware of an OEIC/UT equivalent of the Scottish Mortgage IT?  If not, a close "cousin" maybe?
As always, thank you.

I'm curious why you want an "OEIC/UT".
What's wrong with SMT?

poto

@quirkydeptless, I already checked with Baillie and they do no seem to have it, hence my asking the forum for help. @Username999 , I drip feed monthly and IT are not cheap with my  brokers, hence the search for OEIC.
Thanks for your answers.

Prism

Baillie Gifford long term global global growth is a close match but without the private equties
https://www.bailliegifford.com/en/uk/individual-investors/funds/long-term-global-growth-fund/

Alexland

Is it worth changing platform to one that meets your investment strategy? II, AJ Bell and Halifax Share Dealing can be attractive for regular investing in exchange traded assets.

Thrugelmir

A sizable portion of SMT's holdings are in unquoted stocks. OEIC's are not the vehicles to hold such investments. Valuation and liquidity being two of the reasons. 
How much do you drip feed a month? 
Which broker do you use? 

poto

@Thrugelmir, overall I invest 1000£ per month, currently across 7 funds. I am with Charles Stanley Direct, who charges 11.50 per deal on shares. On the one hand I am considering already switching to a flat fee broker (looking at Interactive Investor), on the other hand I am a bit reluctant to go through a lengthy process (4/6 weeks) in these volatile times.  

Thrugelmir

For IT's. X-O are a flat £5.95 per trade. 
Personally I'd double up and purchase in minimum £2k trades. 

Linton

poto said:

@Thrugelmir, overall I invest 1000£ per month, currently across 7 funds. I am with Charles Stanley Direct, who charges 11.50 per deal on shares. On the one hand I am considering already switching to a flat fee broker (looking at Interactive Investor), on the other hand I am a bit reluctant to go through a lengthy process (4/6 weeks) in these volatile times.  

Are you investing in one different fund each month or trying to cover all 7? Obviously the former is the way to do it. 

With II you get a free trade each month so they could be the cheapest. If you transfer in cash it should not take 4-6 weeks.

poto

I thought that  cost-pound averaging would be more "effective" if consistently buying every month all the 7 funds rather than twice a year each fund....
Transferring in cash will be quicker, but I will be out of the market for a little while, which is a position I do not want to be in right now.
II should be cheaper as they have now free regular investing