AIC recognises Scottish Oriental as an “ISA millionaire” investment trust
Once again, the Scottish Oriental Smaller Companies Trust has been recognised by the Association of Investment Companies (AIC) as an “ISA millionaire” investment trust.
The AIC’s research identifies the investment trusts which would have made investors more than £1million if they had allocated their full annual ISA allowance to the same trust each year since 1999
The AIC found that investing the full ISA allowance annually in Scottish Oriental from 1999 to 2025 (a total of £346,560), and reinvesting the dividends, would have resulted in a total ISA investment value of £1,652,465 as of 31 January 2026.*.
Annabel Brodie-Smith, Communications Director of the AIC, said: “Over the long term, investment trusts have delivered strong performance for investors. Their closed-ended structure means they can take a long-term view, because they don’t have to sell assets when investors sell their shares. This makes them particularly suitable for hard-to-sell assets like smaller companies and unquoted companies – both of which feature strongly among the ISA millionaire trus
“I’d emphasise that past performance is no guarantee of future returns, and it’s vital to spread your risk when investing. A diversified portfolio that meets your needs is the best way to succeed over the long term. If investors are in doubt about which trust is right for them, it’s important to speak to a financial adviser.”
Source: AIC, 25 February 2026 https://www.theaic.co.uk/aic/news/press-releases/which-investment-trusts-would-have-made-you-an-isa-millionaire
Risk factors
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Net Asset Value (NAV) performance is not the same as share price performance and shareholders may realise returns that are lower or higher than NAV performance.
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References to "we" or "us" are references to First Sentier Group. In the UK, issued by First Sentier Investors (UK) Funds Limited which is authorised and regulated by the Financial Conduct Authority (registration number 143359). Registered office Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB number 2294743.
Scottish Oriental Smaller Companies Trust plc ("Company") is an investment trust, incorporated in Scotland with registered number SC0156108, whose shares have been admitted to the Official List of the London Stock Exchange plc. The Company is an alternative investment fund and has appointed First Sentier Investors (UK) Funds Limited as the alternative investment fund manager for the Company. Further information is available from Client Services, First Sentier Group, Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB or by telephoning 0800 587 4141 between 9am and 5pm Monday to Friday or by visiting www.scottishoriental.com. Telephone calls with First Sentier Group may be recorded.
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