1. Baillie Gifford US Growth Trust

  2. Overview

    The Baillie Gifford US Growth Trust plc seeks to invest predominantly in listed and unlisted US companies which the Company believes have the potential to grow substantially faster than the average company, and to hold onto them for long periods of time, in order to produce long-term capital growth.

    Baillie Gifford believes that exceptional growth companies are the major drivers of market wealth creation.

    Performance & Portfolio

    Periodic Performance

    All figures to 31/10/2024

    1 Year

    3 Years

    5 Years

    Since Inception

    Share Price 57.9%-35.5%67.6%115.9%
    NAV 33.6%-31.6%88.4%142.5%
    Index* 30.3%38.4%104.9%171.3%

    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.
    *S&P 500 Index (GBP) TR. 
    Performance source: Morningstar and relevant underlying index provider, total return.
    Please bear in mind that past performance is not a guide to future performance.


    Discrete Performance

    Annual Performance to 30 September each year

    30/09/2019
    30/09/2020

    30/09/2020
    30/09/2021

    30/09/2021
    30/09/2022

    30/09/2022
    30/09/2023

    30/09/2023
    30/09/2024

    Share Price 101.5%20.9%-44.7%-15.5%35.4%
    NAV 91.9%33.4%-39.0%-5.3%18.7%
    Index* 9.8%24.7%2.1%11.2%24.1%

    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.
    *S&P 500 Index (GBP) TR. 
    Performance source: Morningstar and relevant underlying index provider, total return.
    Please bear in mind that past performance is not a guide to future performance.

    Performance - 31/10/2024

    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.
    Benchmark data is limited to a 5 year period from the current date.
    The graph has been rebased to 100.
    Please bear in mind that past performance is not a guide to future performance.

    Holdings - 31/10/2024

    Fund %
    1 Space Exploration Technologies 7.6%
    2 The Trade Desk 5.7%
    3 NVIDIA 5.0%
    4 Amazon.com 4.9%
    5 Stripe 4.6%
    6 Meta Platforms 4.0%
    7 Shopify 3.7%
    8 Netflix 3.6%
    9 DoorDash 3.3%
    10 Tesla Inc 3.1%
    Total 45.5%
    Sector Analysis of Total Assets - 31/10/2024

    Fund %

    • 1 Information Technology 29.58
    • 2 Consumer Discretionary 20.32
    • 3 Communication Services 17.09
    • 4 Industrials 12.21
    • 5 Health Care 10.31
    • 6 Financials 5.45
    • 7 Real Estate 1.78
    • 8 Materials 1.18
    • 9 Consumer Staples 1.00
    • 10 Net Liquid Assets 1.08
    • Total 100.00

    As the Fund invests in overseas securities, changes in the rates of exchange may also cause the value of your investment (and any income it may pay) to go down or up.
    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 add due to rounding.

    Meet the Managers

    Gary Robinson

    Gary is an investment manager in the US Equity Growth Team. He joined Baillie Gifford in 2003 and became a partner in 2019. He worked on our Japanese, UK and European Equity teams before joining the US Equity Growth Team in 2008. Gary is a generalist investor but retains a special interest in the healthcare sector, dating back to his undergraduate degree. He graduated MBiochem in Biochemistry from Oxford University in 2003.

    Kirsty Gibson

    Kirsty joined Baillie Gifford in 2012 and is an investment manager in the US Equity Growth Team. She has been involved in running the North American portfolio of the Managed Fund and Global Core Fund since 2021. Prior to joining the US Equity Growth Team, Kirsty also spent several years in the small and large-cap global equities departments. She graduated MA (Hons) in Economics in 2011 and MSc in Carbon Management in 2012, both from the University of Edinburgh.

    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.

    Investment intelligence

    Investor disclosure document

    Sustainability-related disclosures and climate reports

    PRIIPs key information document

    Disclaimers

    S&P Dow Jones Disclaimer

    The S&P 500 and S&P Global SmallCap (index) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Baillie Gifford &Co.  Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Baillie Gifford & Co.  Baillie Gifford & Co product(s) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of The S&P 500 and S&P Global SmallCap (index).