Baillie Gifford US Growth (USA) is under threat from Saba Capital once again. Ahead of the annual general meeting on 23 October when the activist hedge fund will for a third time attempt to replace the investment trust’s board, shareholders have two opportunities to learn why they should oppose the takeover of their unique fund.

The first of these is on Friday when Gary Robinson, USA co-manager at Baillie Gifford, will appear on QuotedData’s “In The Hot Seat” show to demonstrate why the portfolio, combining the best private and public US growth companies such as Nvidia, Meta, SpaceX and Anthropic, would be at risk if Saba was to seize control through its three board nominees. As always, the fund manager will answer your questions after his presentation.

Register here to watch our one-hour “Hot Seat” show at 11am.

On Monday, QuotedData’s Head of News, Gavin Lumsden, will be in Edinburgh to host a 45-minute webinar starting at 2pm at which USA chair Tom Burnet and senior independent director Sue Inglis will spell out why the trust needs all shareholders to vote against Saba’s resolutions.

Saba holds a 29% stake but with other hedge funds thought to be supportive, probably controls a third of the shares. That means a huge turnout is needed from the retail investors and wealth managers who each hold about a third of the equity. Burnet and Inglis will explain how and when shareholders can vote and will also answer questions from the live audience.

Register here for the US Growth Trust shareholder webinar.