1. Baillie Gifford UK Growth Trust

    Baillie Gifford UK Growth Trust

  2. Overview

    The Trust aims to maximise capital growth over the long-term from investment primarily in shares of listed UK equities which have the potential to deliver a total return in excess of the FTSE All-Share Index.

    The portfolio is a high conviction, concentrated selection of our best ideas in the UK with a bias to mid and smaller cap growth companies, where we intuitively believe the growth spot for UK equities to be.

    Performance & Portfolio

    Periodic Performance

    All figures to 29/02/2024

    1 Year

    3 Years

    5 Years

    10 Years

    Share Price -2.8%-23.2%1.4%6.0%
    NAV -1.9%-8.6%10.5%20.9%
    Index* 0.6%25.2%27.7%63.0%

    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 All-Share (GBP) TR. 
    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 31 December each year

    31/12/2018
    31/12/2019

    31/12/2019
    31/12/2020

    31/12/2020
    31/12/2021

    31/12/2021
    31/12/2022

    31/12/2022
    31/12/2023

    Share Price 28.7%12.7%8.2%-29.9%2.3%
    NAV 25.3%4.6%12.1%-22.0%4.2%
    Index* 19.2%-9.8%18.3%0.3%7.9%

    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 All-Share (GBP) TR. 
    Performance source: Morningstar and relevant underlying index provider, total return. 
    Please bear in mind that past performance is not a guide to future performance.

    Performance - 29/02/2024

    Performance figures appear in GBP. Baillie Gifford took over the management of the Trust in July 2018.
    The value of your investment may go down as well as up, and you may not get back the amount you invested.
    Benchmark data is limited to a 5 year period from the current date.
    The graph has been rebased to 100.
    Baillie Gifford took over the management of the Trust in July 2018.
    Please bear in mind that past performance is not a guide to future performance.

    29/02/2024

    Relative to FTSE All-Share Index, total return. Source: Baillie Gifford & Co, FTSE.

    Holdings - 29/02/2024

    Fund %
    1 Auto Trader 5.3%
    2 Experian 5.2%
    3 Games Workshop 4.7%
    4 Ashtead 4.6%
    5 Volution Group 4.3%
    6 Wise 4.2%
    7 Howden Joinery 4.0%
    8 Renishaw 3.7%
    9 4imprint 3.6%
    10 Kainos 3.4%
    Total 42.9%

    Meet the Managers

    Iain McCombie

    Iain is the head of our UK Equity Team and lead manager of the UK Core Strategy. He is also the joint manager on our flagship Managed Strategy, which he has been involved in since 2000, and became a partner of the firm in 2005. Since joining Baillie Gifford in 1994, Iain has spent time on the US Equities Team. Iain graduated with a MA in Accountancy from the University of Aberdeen and subsequently qualified as a Chartered Accountant.

    Milena Mileva

    Milena joined Baillie Gifford in 2009 and is an Investment Manager in the UK Equity Team. She became a partner in 2022. She graduated BA in Social & Political Science from the University of Cambridge in 2007 and MPhil in Politics from the University of Oxford in 2009.

    Documents

    You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available).

    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.

    Investment Intelligence

    Sustainability-related Disclosures

    Disclaimers

    FTSE Disclaimer

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