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Scottish Mortgage interview: correction

We have made two amendments to last week's interview with fund manager Tom Slater

The interview with Tom Slater, fund manager of Scottish Mortgage Investment Trust in last week's issue (18 September 2015) was amended on the website on 18 September.

The first change is relating to the percentage of unlisted companies Scottish Mortgage which we originally said was 10 per cent. The current level of invested in unlisted is less than 5 per cent but there is scope for the Trust to invest up to 10 per cent in unlisteds.

The second change relates to the original mention of Lending Club as an unlisted holding. Lending Club is in fact listed. We have substituted this with another unlisted company held by Scottish Mortgage, Flipkart.

We apologise for the mistakes.