Baillie Gifford US Growth Trust

Thank you for your support.

On 3 February Shareholders decisively voted against all the Requisitioned Resolutions.

Tom Burnet, Chair of the Company commented:

"Faced with the threat to their investment posed by Saba's self-serving and destructive proposals, shareholders have mobilised and acted decisively to protect their investment. The result is unambiguous and conclusive.

We would like to thank shareholders for their support at this important moment for the Company. We are delighted, in particular, by the number of retail shareholders who have voted and played a key role in this positive outcome and encourage them to continue to make their voices heard.

Thanks to our patient strategy of investing in exceptional US growth companies, public and private, the Company has achieved its objective of delivering above average long-term returns for our shareholders. Since IPO in March 2018, the Company has been one of the best-performing funds globally when measured against all US equity open-ended funds and ETFs.

Following the decisive result at the Requisitioned General Meeting, we look forward to executing our strategy in a supportive macro environment and continuing to engage with all our shareholders."

To read the results in full please click the link below:

RNS

Baillie Gifford US Growth Trust - Result of Requisitioned General Meeting

In the news

Citywire

Baillie Gifford US Growth and Keystone Positive Change see off Saba

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Two more ‘Miserable Seven’ trusts vote to reject Saba threat

This is Money (Daily Mail)

Saba takeover rejected by Baillie Gifford US Growth and Keystone Positive Change investors

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Baillie Gifford US Growth trust boasts positive results ahead of imminent Saba vote

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Baillie Gifford urges shareholders to vote against Saba

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Baillie Gifford’s Robinson: We outperformed Saba in all timeframes except three years

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Proxy advisers continue to side against Saba ahead of further general meetings

QuotedData

Shareholders must get out and vote against Saba’s self-serving and destructive proposals for Baillie Gifford US Growth.

Fidelity

7 investment trusts face crunch votes: what it means for investors.

Money Week

Saba Investments - why it sees an opportunity in UK investment trusts.

Investment Week

Baillie Gifford trusts slams Saba for wanting to make 'self-serving and destructive changes'

Killik and Co (YouTube)

Listen to Sue Inglis, a Senior Independent Director of the Baillie Gifford US Growth Trust.

Citywire

Quilter Cheviot to vote against Saba’s ‘self-serving’ trust plans.

Financial Times

Investment trusts hit back against activist Boaz Weinstein

This is Money

Baillie Gifford US Growth slams Saba's 'self-serving' coup plot

Citywire

Baillie Gifford trusts hit back against ‘destructive’ and ‘self-serving’ Saba

The Times

Evelyn Partners to vote against Saba in investment trust battle

The Times

Saba offers investors leap in the dark

Investment Week

Proxy advisers continue to side against Saba ahead of further general meetings