Baillie Gifford China Growth Trust (LSE: BGCG)

Currency in GBP

Last close As at 06/02/2023

GBP3.25

11.00 (3.50%)

Market capitalisation

GBP202m

The 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. Previously the trust aimed for capital and income growth from a diversified portfolio of investments in the Asia Pacific region. Baillie Gifford took over management of the trust from Witan Investment Services on 16 September 2020.

Equity Analyst

Victoria Chernykh

Victoria Chernykh

Director, Investment Trusts

Key Management

  • James Hart

    Investment Director

  • Susan Platts-Martin

    Chairman

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 17.7 45.8 (6.4)
Relative 11.4 32.5 (7.4)
52 week high/low 355.0p/208.5p

Overview

Baillie Gifford China Growth Trust (BGCG) invests in China, aiming to capture current trendsetters and spot future potential market leaders, for a long-term time horizon (typically over five years). Despite negative newsflow about China over the last year and a half and the recent political changes, interpreted by the world investment community as the prevalence of ideology over economic principles, the investment manager, Baillie Gifford (BG), believes that the investment case stands firm. A greater focus on self-sufficiency, productivity and innovation in China should support domestic opportunities in certain key sectors, including renewable energy, software and technology. The new phase of development may reward patient investors who see the big picture of Chinese growth.

Thematics

Investment Companies

Vietnamese equities: Due a comeback?

Consumer

IPO apocalypse

TMT

ESG, moving beyond the box tick

Investment Companies

The case for US capital markets

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free