A comparison of Baillie Gifford UK Growth Trust (BGUK) against its peers suggest that it is the most growth-orientated fund in the group, and so it has likely faced particularly strong headwinds during the last 18 months, as investors have favoured value and defensive stocks.
Despite these challenges, BGUK has provided an NAV total return of 4.9% over the last year (peer group average of 3.3%) and its managers say that, at an operational level, its companies continue to perform well. The manage ....
27 Sep 2023
Baillie Gifford UK Growth Trust – A recipe for a rerating?
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Baillie Gifford UK Growth Trust – A recipe for a rerating?
Baillie Gifford UK Growth Trust PLC GBP (BGUK:LON) | 202 -2 (-0.5%) | Mkt Cap: 234.2m
- Published:
27 Sep 2023 -
Author:
James Carthew | Matthew Read -
Pages:
31 -
A comparison of Baillie Gifford UK Growth Trust (BGUK) against its peers suggest that it is the most growth-orientated fund in the group, and so it has likely faced particularly strong headwinds during the last 18 months, as investors have favoured value and defensive stocks.
Despite these challenges, BGUK has provided an NAV total return of 4.9% over the last year (peer group average of 3.3%) and its managers say that, at an operational level, its companies continue to perform well. The manage ....