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Scottish Mortgage Investment Trust (SMT) has done modestly well in the last two years as many portfolio companies have bounced back. After bottoming at 600p in May 2023, the stock ended the week at 880p as some of its constituent companies published relatively strong earnings. However, SMT has continued to underperform the other popular technology funds in the market today. For example, it has risen by 15% this year, while the Invesco QQQ and SPDR Technology ETF (XLK) have jumped by over 24%. Scottish Mortgage is a unique tech fundScottish Mortgage is one of the biggest technology funds in the…

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