(Source: Scottish Mortgage Investment Trust plc) Chairman's statement I am pleased to say that the Scottish Mortgage portfolio has continued to produce good long term returns for shareholders. The past financial year, taken in isolation, has not been as strong as recent years, either in terms of the NAV performance or our own share price, but I hope that my earlier statements have been consistent in warning that not every year can be expected to produce the stellar results that we have been fortunate to see in the past. I would stress once again that such flat periods are to be expected and are consistent with the approach taken for Scottish Mortgage. Indeed, I would go so far as to suggest...
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