Associated equity: Baillie Gifford China Growth Trust
Baillie Gifford China Growth Trust’s investment objective is to produce long-term capital growth by investing predominantly in shares of Chinese companies. Performance is measured against the MSCI China All Shares Index. Baillie Gifford took over management of the trust from Witan Investment Services on 16 September 2020. Previously the trust aimed for capital and income growth from a diversified portfolio of investments in the Asia-Pacific region.
Baillie Gifford China Growth Trust — 1 video in collection
Edison recently published a note on Baillie Gifford China Growth Trust. This trust focuses on innovative, growing Chinese companies with exposure to the massive opportunities generated by China’s vast market, its positive long-term economic outlook and its transition to a more diversified, innovation-led growth model. Performance has lagged the declining market over recent years, despite the strong operational performance of most of the trust’s portfolio holdings. But its managers are cautiously optimistic, and they have been taking advantage of low valuations to enhance exposure to China’s best high-growth companies across a range of industries, including those with exposure to renewable energy, advanced semiconductors, industrial automation and other cutting-edge technologies. The trust’s shares are trading at a substantial discount to NAV, suggesting now may be a good time to gain exposure to the exciting growth opportunities available in the Chinese market.