Over the last 2 years, this investment trust has doubled the FTSE 100 index’s return

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The FTSE 100 index has risen by around 18% in the past 24 months. Add in the dividends, the total return rises above 20%.

That’s a solid showing from the blue-chip index, especially considering all the economic and tariff uncertainty over this period.

However, one FTSE 100 investment trust has doubled that, delivering a share price return of roughly 55% since June 2023. The name in question is Scottish Mortgage Investment Trust (LSE: SMT).

However, it has been far from plain sailing for this growth-focused trust in recent years. Indeed, despite this strong two-year showing, the Scottish Mortgage share price remains 35% off a peak reached in late 2021.

Here are three core reasons why I think the stock is worth considering right now.

Double-digit discount

One quirk of investment trusts is that they can trade at a discount to their underlying net asset value (NAV). In…

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