Overview
Baillie Gifford European Growth Trust aims to achieve capital growth over the long term from a diversified portfolio of European securities.
Performance & Portfolio
Periodic Performance
All figures to 31/10/2024 1 Year
3 Years
5 Years
10 Years
Share Price 14.5% -41.3% 11.2% 46.5% NAV 15.8% -33.5% 19.9% 57.7% Index* 16.6% 12.0% 43.5% 130.1% 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 Europe ex UK Index.
Performance source: Morningstar and relevant underlying index provider, total return.
Please bear in mind that past performance is not a guide to future returns.
Discrete Performance
Annual Performance to 30 September each year 30/09/2019
30/09/202030/09/2020
30/09/202130/09/2021
30/09/202230/09/2022
30/09/202330/09/2023
30/09/2024Share Price 54.2% 25.2% -47.7% 8.6% 9.3% NAV 37.5% 23.9% -40.4% 8.3% 12.2% Index* -0.3% 23.0% -15.3% 20.5% 15.3% 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 Europe ex UK Index.
Performance source: Morningstar and relevant underlying index provider, total return.
Please bear in mind that past performance is not a guide to future returns.
Active share 31/10/2024Relative to FTSE All-Share Index, total return. Source: Baillie Gifford & Co, FTSE.
Holdings - 31/10/2024
Fund % 1 DSV 5.9% 2 Prosus 5.8% 3 Topicus.com 5.0% 4 Ryanair 4.5% 5 Schibsted 4.3% 6 Adyen 3.9% 7 Allegro.eu 3.4% 8 ASML 3.3% 9 Nexans 3.2% 10 Reply 3.2% Total 42.5% Geographic analysis of total assets 31/10/2024Fund %
- 1 Netherlands 24.81
- 2 Sweden 18.49
- 3 Denmark 12.07
- 4 Ireland 7.62
- 5 France 7.54
- 6 Italy 7.50
- 7 Germany 6.22
- 8 Norway 4.78
- 9 Poland 4.30
- 10 Switzerland 4.18
- 11 Fixed Interest 0.51
- 12 Net Liquid Assets 1.17
- Total 99.18
The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. All holdings information is unaudited.
Source Baillie Gifford & Co.
Please note that totals may not sum due to rounding.
Insights
View all Insights.Meet the Managers
Stephen Paice
Stephen is head of the European Equity Team. He joined Baillie Gifford in 2005, and became a partner of the firm in 2024. Stephen has been involved in running the European portion of the Global Core Strategy and Managed Strategy since 2019, as well as a member of the International All Cap Portfolio Construction Group. Prior to joining the team he spent time in the US, UK Smaller Companies and Japanese equities teams. Stephen graduated with a BSc (Hons) in Financial Mathematics in 2005.
Chris Davies
Chris is an investment manager in the European Equity Team and has been a member of the International Alpha Portfolio Construction Group since 2021. He joined Baillie Gifford in 2012. He graduated BA (Hons) in Music from the University of Oxford in 2009, MMus in Music Performance from the Royal Welsh School of Music and Drama in 2010 and MSc in Music, Mind and Brain from Goldsmiths College in 2011.
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.
Annual reports
Corporate governance
Factsheets
Interim reports
Investor disclosure document
Portfolio valuation
Portfolio voting disclosure
RNS announcements
Sustainability-related disclosures and climate reports
PRIIPs key information document
Disclaimers
FTSE Disclaimer
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2024. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®" and “Russell®” are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Important Information
Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.
The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.
The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.
This website is informative only and the information provided should not be considered as investment advice or a recommendation to buy, sell or hold a particular investment. You can read details of our Legal and Important Information here.
