1. Overview

    Baillie Gifford European Growth Trust aims to achieve capital growth over the long term from a diversified portfolio of European securities.

    Performance & Portfolio

    Periodic Performance

    All figures to 31/08/2021

    1 Year

    3 Years

    5 Years

    10 Years

    Share Price 41.0%93.4%162.5%320.8%
    NAV 38.7%72.5%125.6%243.2%
    Index* 27.7%35.2%72.9%178.6%

    Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
    NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.
    *FTSE Europe ex UK Index. 
    Performance source: Morningstar and relevant underlying index provider, total return. 
    Please bear in mind that past performance is not a guide to future performance.


    Discrete Performance

    Annual Performance to 30 June each year

    30/06/2016
    30/06/2017

    30/06/2017
    30/06/2018

    30/06/2018
    30/06/2019

    30/06/2019
    30/06/2020

    30/06/2020
    30/06/2021

    Share Price 51.7%-0.9%-5.1%30.7%46.1%
    NAV 36.2%1.9%-4.2%20.7%40.8%
    Index* 28.7%3.0%8.6%0.2%23.0%

    Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
    NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.
    *FTSE Europe ex UK Index. 
    Performance source: Morningstar and relevant underlying index provider, total return. 
    Please bear in mind that past performance is not a guide to future performance.

    Holdings - 31/07/2021

    Fund %
    1 IMCD 5.0%
    2 Zalando 4.7%
    3 Prosus 4.2%
    4 Adyen 4.1%
    5 Ryanair 3.6%
    6 Atlas Copco 3.4%
    7 adidas 3.2%
    8 ASML 3.0%
    9 Northvolt 2.8%
    10 Avanza Bank 2.8%
    Total 36.8%

    Meet the Managers

    Stephen Paice

    Stephen is Head of the European Equity Team. He is a co-manager of the Baillie Gifford European Fund and also a member of the Global Stewardship Portfolio Construction Group. He joined Baillie Gifford in 2005 and spent time in the US, UK Smaller Companies and Japanese Equities Teams. Stephen graduated BSc in Financial Mathematics in 2005.

    Moritz Sitte

    Moritz joined Baillie Gifford in September 2010 and is an Investment Manager in the European Equity Team. He is a co-manager of the Baillie Gifford European Fund. He graduated BSc in Business Administration from the University of Regensburg, Germany in 2009 where he took part in the Honours Elite Degree Programme. Moritz then went on to complete an MSc in Finance and Investment from the University of Edinburgh in 2010.

    Chris Davies

    Chris joined Baillie Gifford in 2012 and is an Investment Manager in the Europe Team. He graduated BA (Hons) in Music from the University of Oxford in 2009 and went on to gain an MMus in Music Performance from the Royal Welsh School of Music and Drama in 2010 and an MSc in Music, Mind and Brain from Goldsmiths College in 2011.

    Documents

    You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available). Please note that, due to current government restrictions, we have a limited number of staff in our office. As a result, if posting instructions to us, there may be a delay in processing these due to these current restrictions.

    To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.

    Disclaimers

    FTSE Disclaimer

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