[Request] The Schiehallion Fund Limited (MNTN)

Hi,

Request for MNTN - Schiehallion Fund Limited shares.

Type C and type Ordinary.

Thanks

Upvoting’

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London Stock Exchange - THE SCHIEHALLION FUND LIMITED

The Schiehallion Fund Limited seeks to generate capital growth for investors through long-term minority investments in later-stage private businesses that Baillie Gifford considers to have transformational growth potential and to have the potential to become publicly traded.

References:
www.bailliegifford.com/…
www.trustnet.com/…

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Upvoting! Let’s get this

Yes please - want this one!

Look at this performance… :eyes:

Their current portfolio includes Space X, Byte Dance and Stripe

They are trading at 40% their NAV (1.80c vs 2.91c) mainly due to some of their holdings have had spectacularly successful IPOs.

*I hold on IG

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Let’s get this some more votes!

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5 Likes

Voted. It would be great to have access to MNTN or MNTC. Hopefully, a mechanism for including USD-denominated LSE listings is in the works. :crossed_fingers:

Upvoting - would be a great addition.

https://community.freetrade.io/t/i-shares-electric-vehicle-etf-ecar/59073/5

In line with @bitflip’s statement that LSE-listed ETFs, which are traded in USD, are available on Freetrade, could adding MNTN now be revisited as that seemed to be the initial sticking point? Or, perhaps there are further investment trust-related complications?

There seems to be a fair amount of votes for this one. Pretty please @Viktor? :pleading_face: :crossed_fingers:

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As far as I can tell, Freetrade doesn’t yet offer any investment trusts traded on the London Stock Exchange’s Specialist Fund Segment other than those like OCI which are also on the main market.

It may be that FT has chosen to preclude SFS ITs as they are admittedly less appropriate for retail investors. Perhaps an exception be made for MNTN? It has a marketcap of more than £600m and the volume’s not too shabby at about 18,000. I have a sizeable holding which I’d love to move across.

Scopely (games developer) which currently makes up around 10% of the MNTN fund, has agreed to be sold for $4.9B. Scopely was last valued at its previous fund raising round at $3.3B.