STOCKPLAN

SIT's STOCKPLAN is a simple, flexible, low cost investment trust savings scheme which enables you to buy stock in The Scottish Investment Trust PLC (SIT) easily. It gives you access to a professionally managed portfolio of global equities, without the worry and effort of having to decide which companies to invest in yourself and without paying for the services of a stockbroker.

Any equity investment must be viewed as a long term proposition (say, ten years plus). Given this time frame, STOCKPLAN provides investors with an excellent combination of features and potential benefits.

STOCKPLAN's key benefits:

• There is no initial or annual management charge.   As with all stocks and shares, there is compulsory government stamp duty on purchases and a different buying and selling price applies. 
• Minimum investments can be made from as little as £25 per month or £250 in a lump sum
• Investment may be stopped and restarted as you wish
• Withdrawals may be made at any time, for a charge of just £10 + VAT. 
• There is no minimum term
• Investors receive two statements per year, so tracking your investment is easy
• You are investing in a diversified and professionally managed fund which holds a portfolio of global equities, spreading the risk of stockmarket investment and increasing the opportunities for reward.
• You can make regular monthly investment into SIT more easily and economically with STOCKPLAN than if you invested directly.
• Investing regularly helps you avoid the potential volatility of the stockmarket by smoothing out the stock price peaks and troughs and saves you having to guess the best time to invest.  If the stock price rises, you will benefit from the money you have already invested. If the price falls your monthly contribution buys more stock as prices are lower.

SIT Savings Ltd, a wholly owned subsidiary of The Scottish Investment Trust PLC, is the plan manager of STOCKPLAN and is authorised and regulated by the Financial Services Authority.