Overview
Baillie Gifford UK Growth Trust : BGUK (formerly Baillie Gifford UK Growth Fund and, before that, Schroder UK Growth : SDU) has a principal investment objective that is to maximise capital growth over the long-term from investment primarily in shares of listed UK equities which have the potential to deliver a total return in excess of the FTSE All-Share Index.
The Trust’s portfolio is constructed without any reference to the index and will not replicate it. The majority of the portfolio will be held in listed UK equities and may, if appropriate, include convertible securities and equity related derivatives. The yield on the Trust’s investments is of secondary importance.
Visit the company’s website – click here
Fundamentals
Price
Research History
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07 Aug 2024 37 min read
Baillie Gifford UK Growth Trust – Light at the end of the tunnel?
Light at the end of the tunnel? As we explore in the performance section on pages 13 to 22, Baillie Gifford UK Growth Trust (BGUK), the most-growth focused fund its peer group (see page 22), has suffered from poor relative performance in recent years, but with interest rates falling, this has the potential to turn […]
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37 min read
Baillie Gifford UK Growth Trust – Light at the end of the tunnel
Light at the end of the tunnel As we discuss in the performance section on pages 12 to 21, Baillie Gifford UK Growth Trust (BGUK) has had a challenging three years, but with interest rates falling, this heavily growth-focused trust could be set for a significant period of outperformance. This could trigger a substantial narrowing […]
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37 min read
Baillie Gifford UK Growth Trust – Light at the end of the tunnel
Light at the end of the tunnel As we discuss in the performance section on pages 14 to 23, Baillie Gifford UK Growth Trust (BGUK) has had a challenging three years, but with interest rates falling, this heavily growth-focused trust could be set for a significant period of outperformance (an environment of higher interest rates […]
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26 Sep 2023 32 min read
Baillie Gifford UK Growth Trust – A recipe for a rerating?
Baillie Gifford UK Growth Trust Investment companies | Annual Overview | 26 September 2023 A recipe for a rerating? A comparison of Baillie Gifford UK Growth Trust (BGUK) against its peers suggest that it is the most growth-orientated fund in the group, and so it has likely faced particularly strong headwinds during the last 18 […]
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32 min read
Baillie Gifford UK Growth Trust – A recipe for a rerating
Baillie Gifford UK Growth Trust Investment companies | Annual Overview | 26 September 2023 A recipe for a rerating As the fund with most growth-orientated investment style amongst its peers (see page 21), Baillie Gifford UK Growth Trust (BGUK) has faced particularly strong headwinds during the last 18 months, as investors have either sought sanctuary […]
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31 min read
Baillie Gifford UK Growth Trust – A recipe for a rerating
Baillie Gifford UK Growth Trust Investment companies | Annual Overview | 26 September 2023 A recipe for a rerating As the most growth-orientated fund amongst its peers, Baillie Gifford UK Growth Trust (BGUK) has faced particularly strong headwinds during the last 18 months, as investors have either sought sanctuary in value and defensive stocks, or […]
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14 Sep 2023 9 min read
QuotedData’s Investment Companies Roundup – September 2023
September 2023 Monthly roundup | Investment companies Kindly sponsored by abrdn Winners and losers in August 2023 Share price total returns for investment companies were generally poor over August, with the best performing sector, Debt – Structured Finance, returning just 2.1%, with only a few sectors managing to eke out a positive total return. Funds […]
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02 Jun 2023 1 min read
Interview with Iain McCombie from Baillie Gifford UK Growth
In this week’s show, Matthew Read spoke to Iain McCombie from Baillie Gifford UK Growth. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us on [email protected]. Additionally, if you […]
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07 Dec 2022 64 min read
QuotedData’s Economic and Political Monthly Roundup December 2022
Economic and Political Monthly Roundup Investment companies | Monthly | December 2022 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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13 Oct 2022 14 min read
QuotedData’s Investment Companies Quarterly Review – Third Quarter 2022
Third quarter of 2022 Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Piling on the misery In the face of rising inflation, exacerbated by the war in Ukraine, central bankers have condemned for their relative inaction. However, in the third quarter of 2022, they stepped up a gear. Last month’s economic and political roundup […]
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15 Sep 2022 27 min read
Baillie Gifford UK Growth – Patience will be rewarded
Patience will be rewarded Baillie Gifford UK Growth Trust (BGUK) has seen a marked fall in its NAV during the last 12 months at a time when inflation expectations have risen, bringing with them interest rate rises and, quite possibly, a recession. The derating of many growth stocks has been severe and BGUK’s managers say […]
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28 min read
Baillie Gifford UK Growth – Patience will be rewarded
Patience will be rewarded Baillie Gifford UK Growth Trust (BGUK) has seen a marked fall in its net asset value (NAV) during the last 12 months as inflation expectations have risen, bringing with them interest rate rises and, in all likelihood, a recession. The selling-off of many ‘growth’ stocks has been severe and, BGUK’s managers […]
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28 min read
Baillie Gifford UK Growth – Patience will be rewarded
Patience will be rewarded Baillie Gifford UK Growth Trust (BGUK) has seen a marked fall in its NAV during the last 12 months as inflation expectations have risen, bringing with them interest rate rises and, in all likelihood, a recession. The derating of many growth stocks has been severe and BGUK’s managers say that selling […]
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19 Nov 2021 1 min read
Interview with Iain McCombie – Baillie Gifford UK
In this week’s show, James Carthew talked to Iain McCombie from Baillie Gifford UK If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us. Additionally, if you would prefer […]
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18 Aug 2021 26 min read
Baillie Gifford UK Growth – Looking way beyond the now
Looking way beyond the now It is now just over three years since Baillie Gifford, an investment management house famed for its growth-focused investment strategies, took over the management of Baillie Gifford UK Growth Trust (BGUK). This move has paid off, with absolute and relative performance versus its peers (in the AIC’s UK All Companies […]
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26 min read
Baillie Gifford UK Growth – Looking way beyond the now
Looking way beyond the now It is now just over three years since Baillie Gifford, a house famed for its growth investment strategies, took over the management of Baillie Gifford UK Growth Trust (BGUK). This move appears to have paid off with absolute and relative performance versus peers improving dramatically, while a marked discount was, […]
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26 min read
Baillie Gifford UK Growth – Looking way beyond the now
Looking way beyond the now It is now just over three years since Baillie Gifford, a house famed for its growth investment strategies, took over the management of Baillie Gifford UK Growth Trust (BGUK). This move has paid off with absolute and relative performance versus peers improving dramatically, while a marked discount was, until recently, […]
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12 Jun 2020 1 min read
QuotedData’s weekly roundup 12 June 2020
James Carthew’s weekly news roundup show for Friday, 12 June, covers Syncona’s results and the impact that the fall in Autolus’ share price has had on that fund, the possibility of brighter days for Cuban property company CEIBA, and the chance that Edinburgh Investment Trust will cut its dividend. It also includes an interview with Milena […]
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06 Dec 2019 5 min read
QuotedData’s economic roundup – December 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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07 Oct 2019 5 min read
QuotedData’s investment companies roundup – October 2019
Investment Companies Roundup Kindly sponsored by Baillie Gifford New research Over September, we published notes on India Capital Growth, Jupiter Emerging & Frontier, International Biotechnology Trust, JPMorgan Russian Securities, Civitas Social Housing, Montanaro European Smaller Companies and JLEN Environmental Assets. We also launched a monthly real estate roundup, beginning with reviews of August and September. In […]
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05 Jul 2019 6 min read
QuotedData’s economic roundup – July 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
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11 May 2018 1 min read
QuotedData’s investment companies roundup – May 2018
QuotedData investment companies roundup – May 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2018. Kindly sponsored by Baillie Gifford. India Capital Growth has experience a rebound in performance in the past month, as […]
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18 Apr 2018 1 min read
QuotedData’s investment companies roundup – April 2018
QuotedData investment companies roundup – April 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of March 2018. Kindly sponsored by Baillie Gifford. Stock markets have suffered their first meaningful fall for nearly two years. At the quarter end, […]
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10 Jan 2018 1 min read
QuotedData’s economic round up – January 2018
QuotedData’s economic round up – January 2018 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
News
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09 May 2025 4 min read
Is now the time to go bargain hunting, and where might we look?
Global equity markets have been grappling with a wave of challenges in recent months, leaving investors navigating a landscape marked by uncertainty and contradiction. From the disruptive flare of Trump’s so-called “Liberation Day” tariffs – briefly lighting a match under global trade tensions before a swift retreat – to elevated concerns over inflation (will interest […]
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28 Apr 2025 3 min read
QuotedData’s morning briefing 28 April 2025 – FSV, TRIG, JEDT, BOOK, UKW, VOF, BGUK, BSRT
In QuotedData’s morning briefing 28 April 2025: [QD comment MR: We have repeatedly commented how there is significant value in the UK market and particularly in funds such as BGUK that also have a strong growth bias. It is interesting to see large institutional players, such as City of London, taking advantage of this.] We […]
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21 Mar 2025 5 min read
Backing the best of British
Britain has many good quality, growing companies, but investors have been ignoring them as they fixate on the dominant US mega caps. That’s left valuations close to low points and trusts focused on this area trading on wider than normal discounts. Baillie Gifford UK Growth Trust (BGUK) is a good example of this. As with […]
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10 Feb 2025 3 min read
QuotedData’s morning briefing 10 February 2025 – BSRT, BGUK, SVM, BHMG/BHMU, CLDN, KPC, LABS
In QuotedData’s morning briefing 10 February 2025: Baker Steel Resources Trust (BSRT) has published a portfolio update and its NAV as at 31 January 2025 (89.1p per share), a decrease of 0.6% from the last published NAV at 31 December 2024, largely due to falls in the share prices of Tungsten West Plc and Metals […]
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05 Sep 2024 1 min read
QuotedData’s morning briefing 5 September 2024 – BPCR, INPP, FP, HGT, BGUK, BCPT
In QuotedData’s morning briefing 5 September 2024: BioPharma Credit (BPCR) says it provided $132.925m of funding to Collegium Pharmaceutical to help fund its acquisition of Ironshore Therapeutics. BioPharma Credit already had exposure to Collegium through a $160.4m term loan. BioPharma Credit’s loans are part of a $645.8m senior secured loan funding package that was put […]
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14 Jun 2024 11 min read
Baillie Gifford UK Growth board recommends continuation
Baillie Gifford UK Growth Trust (BGUK) has announced its annual results for the year ended 30 April 2024 during which BGUK provided NAV and share price total returns of 0.6% and 0.5% respectively, which it says compares to 7.5% for its benchmark FTSE All-Share Index total return. BGUK’s chair, Carolan Dobson, says that when the […]
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15 Mar 2024 4 min read
QD view – Does the UK market need more than the best of British?
The story of the UK equity market over the last decade has few uplifting moments. It has lost 25% of its companies[1], retail investors have pulled out more than £50bn, it has fallen off the radar of many international investors and even domestic companies are seeking to list elsewhere. It has also been a terrible […]
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10 Oct 2023 1 min read
QuotedData’s Investment Trust Forum 2023
Welcome to the videos from the Investment Trust Forum 2023. The conference was for investment analysts, research committees and portfolio managers from all the major asset management groups, banks, stockbrokers, wealth managers and IFA networks and offered presentations and panel discussions on a range of topics. We were pleased to have panel sponsorship from Witan […]
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16 Jun 2023 6 min read
Baillie Gifford UK Growth Trust sees growth headwind lessen
Baillie Gifford UK Growth Trust (BGUK) has released its annual results for the year to 30 April 2023, during which BGUK provided an NAV total return of 1.1%, which the trust says compares to a 6.0% total return for the All-Share. During the period, BGUK’s share price total return was -1.3%, reflecting a small widening […]
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28 Apr 2023 4 min read
QD view – Finding courage in uncertain times
Fortune favours the brave, or so they say, and, as it turns out, so do the markets. One of the most important factors in investing is simply being first to bat, as by the time your turn comes, the game could be already over. Putting aside the metaphors, there is a distinct possibility that we […]
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10 Jun 2022 7 min read
Baillie Gifford UK Growth – patience will be rewarded in the long term
Baillie Gifford UK Growth (BGUK) has announced its annual results for the year ended 30 April 2022. During the year, BGUK provided NAV and share price total returns of -16.0% and -27.9% respectively, both significantly underperforming its All-Share benchmark, which it says returned +8.7% during the period. BGUK’s chairman, Carolan Dobson, says that the portfolio’s […]
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3 min read
QuotedData’s morning briefing 10 June 2022
In QuotedData’s morning briefing 10 June 2022: Tufton Oceanic Assets (SHIP) has announced that it has agreed to acquire a product tanker for US$31.5m with completion expected in early July. The Product Tanker, Marvelous, is being acquired at approximately 90% of its depreciated replacement cost. SHIP says that, initially, the vessel will be employed in […]
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26 Nov 2021 2 min read
QuotedData’s morning briefing 26 November 2021
In QuotedData’s morning briefing 26 November 2021: Baillie Gifford UK (BGUK) has published its interim results for the six months ended 31 October 2021. During the [period, BGUK provided an NAV total return of 2.8% and a share ;price total return of 5.6%. It says that, in comparison, the All-Share provided a total return of […]
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09 Jun 2021 5 min read
Baillie Gifford UK Growth shares soar on UK recovery
Baillie Gifford UK Growth (BGUK) has published results covering the year to the end of April 2021. The NAV total return of 37.7% was significantly ahead of the 25.9% registered by the All-Share index. The share price total return for the same period was 53.7%, as UK equities returned to favour. Performance was led by Farfetch, Ashtead, […]
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12 Jun 2020 2 min read
Baillie Gifford UK Growth makes up ground
Baillie Gifford UK Growth makes up ground – Baillie Gifford UK Growth has published results covering the year to the end of April 2020. The trust returned -12.5% over the period in NAV terms. However, this was much better than the All-Share Index, which lost 16.7%. The 4.2% outperformance erases the 2% underperformance in the previous […]
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20 Dec 2019 1 min read
QuotedData’s other news 20 December 2019
In QuotedData’s other news 20 December 2019 Polar Capital Global Healthcare reported a -1.2% total return on NAV for the year ended 30 September 2019, behind the MSCI ACWI Health Care Index which returned 3.1%. The return to shareholders was -1.3%. The dividend has been upped to 2.1p from 2p. The biggest drags on performance were healthcare […]
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28 Nov 2019 1 min read
QuotedData’s other news 28 November 2019
In QuotedData’s other news 28 November 2019 Tritax EuroBox is to spend €30m extending its Barcelona warehouse by 88,000 sqm. Building starts in 2021 for completion in 2023. The warehouse is let entirely to Mango (the fashion retailer) and was already by far the largest asset in EBOX’s portfolio. This is a big bet on one […]
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01 Jul 2019 1 min read
QuotedData’s other news 1 July 2019
In QuotedData’s other news 1 July 2019 Symphony International (SIHL) announced that it has, through a wholly-owned subsidiary, invested in Creative Technology Solutions. The company provides customized IT solutions to the education sector in the United Arab Emirates and increasingly in other countries in the Gulf Cooperation Council region. This represents SIHL’s first investment into the Gulf. […]
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1 min read
Baillie Gifford UK Growth needs more time
Baillie Gifford UK Growth needs more time – Baillie Gifford UK Growth has published results covering the year to the end of April 2019. For the first two months of that period, the portfolio was managed by Schroders and it managed to underperform the All-Share Index by 2.0%. Over the subsequent 10 months, under Baillie Gifford, […]
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11 Jun 2019 1 min read
QuotedData’s other news 11 June 2019
In QuotedData’s other news 11 June 2019: Shaftesbury says it has now been served with legal proceedings issued by companies controlled by Mr Samuel Tak Lee. The proceedings concern allegations and claims relating to the December 2017 placing of shares by Shaftesbury. They seek to challenge both the rationale for the placing and the way in which […]
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13 Apr 2018 1 min read
New Fund Manager for Schroder UK Growth
New Fund Manager for Schroder UK Growth – The Board of Schroder UK Growth Fund (SDU) announced that it has terminated Schroder Unit Trusts Limited as its AIFM and has appoint Baillie Gifford & Co Limited as the company’s new manager, company secretary and administrator. The board says that the Company’s long-term investment performance is considerably […]
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12 Dec 2017 1 min read
Baillie Gifford-favourite Alnylam completes key US filing
Baillie Gifford-favourite Alnylam completes key US filing US biotech star and Baillie Gifford stock pick Alnylam Pharmaceuticals has completed its US regulatory application for patisiran, a treatment of adults with hereditary transthyretin-mediated amyloidosis (hATTR amyloidosis), putting the so-called RNA interference or “gene-silencing” therapeutic on track for approval in mid 2018. Patisiran may become Alnylam’s first […]
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07 Jul 2017 3 min read
Schroder UK Growth underperforms strongly rising market
Schroder UK Growth Fund (SDU) has released it annual results for the year ended 30 April 2017. During the period, the company provided an NAV total return of 17.5% and a share price total return of 13.9%, both underperforming its benchmark, the All-Share Index, which the company says provided a total return of 20.1%. The manager […]
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08 Jul 2016 3 min read
IT exposure benefits Schroder UK Growth
Schroder UK Growth’s results for the year ended 30 April 2016 show that the Company’s NAV returned -4.4%, while the share price returned -4.9%. This compares with an equivalent return of -5.7% by the FTSE All-Share Index over the same period. The Directors have declared a second interim dividend of 2.60p per share, making a total […]
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24 Dec 2015 3 min read
Schroder UK Growth mildly outperforms benchmark
Schroder UK Growth Fund has announced its interim results for the six-months ended 31 October 2015. During the period, the Company’s NAV produced a total return of -5.3%, marginally outperforming its benchmark, the FTSE All-Share Index, which provided a total return of -5.7%. The share price produced a total return of -5.7%. The company has […]
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02 Jul 2015 1 min read
Schroder UK Growth fails to make up ground in second half
Schroder UK Growth has published results for the year ended 30 April 2015. The fund lagged the FTSE All-Share index by some margin over this period, returning 1.9% on net assets and negative 3.1% on share price (the discount widened to 8.4%) as compared to positive 7.5% for the benchmark. the dividend for the year […]
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24 Apr 2015 2 min read
JPMorgan Elect says every pool delivered in H1
JPMorgan Elect interims for the six months ended 28 February 2015 are out. The Managed Growth pool beat its bench mark by 3.2% over the period. The pool generated a return on net assets of 9.7% while their 50:50 FTSE All-Share : FTSE All-World ex UK benchmark returned 6.5%. They declared two quarterly dividends totalling 3.9p […]
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29 Dec 2014 1 min read
Schroder UK Growth transition complete
For the six month period to 31 October 2014, Schroder UK Growth’s NAV saw a total return of -6.3%, while the share price returned -8.8% and the discount widened from 5.2% at the beginning of the period to 7.8% at 31 October 2014. These performance figures compare poorly with an equivalent return of -1.6% by the […]
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30 Oct 2014 1 min read
Schroder UK Growth sticks with Schroders
SDU : Schroder UK Growth sticks with Schroders The Board of Schroder UK Growth has been mulling who should be managing the fund post the departure of Julie Dean from Schroders (she has just turned up at Sanditon) and has decided to retain Schroders as the manager. The day-today manager of the fund will be […]
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08 Sep 2014 1 min read
Schroder UK Growth loses manager
SDU : Schroder UK Growth loses manager Schroder UK Growth has announced that Julie Dean is leaving Schroders. The Board has held discussions with Schroders and has resolved that Schroders’ Business Cycle Investment team should continue to run the fund for the moment. However the Board has also said that it “will consult with its […]
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30 Dec 2013 1 min read
Schroder UK Growth : SDU – interim results
SDU’s interims for the six months ended 31 October 2013 show an almost 10% outperformance of its NAV over its benchmark and a narrowing of its discount leading to further outperformance ion share price terms. Over the period the NAV returned 17.0%, the benchmark 7.7% and the share price 23.9%. These were the first results since […]
Upcoming Events
Videos
In The Press
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04 May 2025 1 min read
The investment hotlist to get your portfolio soaring as the storm abates
Rosie Murray-West, Mail on Sunday, 4 May 2025: INVESTORS have been on a hair-raising rollercoaster ride thanks to US President Donald Trump’s tariff wars and strains on the economy at home.. The ride is certainly not over yet.. But it can’t last for ever. At some point there will be enough clarity for markets to […]
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29 May 2024 1 min read
Will ‘activist investors’ turn these trusts around?
by Dave Baxter, Investors’ Chronicle, May 29, 2024: When Elliott Investment Management cut its stake in Scottish Mortgage (SMT) below 5 per cent earlier this month, it’s likely to have prompted a sigh of relief from the trust’s board.. The case for activists Activists are not always a helpful presence for other shareholders given that […]
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31 Jul 2023 1 min read
Experts say tide is turning on UK shares – now the world’s cheapest
By ROSIE MURRAY-WEST, Mail on Sunday, 30 July 2023: Investors in British companies have had a tough time this year. They have endured a rollercoaster ride of stomach-lurching rises and falls if they invested in the FTSE 100 list of the UK’s 100 largest companies – and all they would have to show for it […]
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22 Jun 2023 2 min read
Home Truths
James Carthew for Portfolio Adviser, 21 June 2023: For many years, there was a tendency among UK-based investment managers and financial advisers to overweight domestic stocks within client portfolios. As a result, we saw a proliferation of investment companies with a narrow focus on UK-listed businesses. Today, 54 investment companies have a listed UK equity […]
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13 Mar 2023 1 min read
Should you be concerned about your investment trust’s debt as interest rates rise? Why gearing can be a blessing and a curse for investors
By MIKE SHEEN FOR THIS IS MONEY, 10 March 2023: The rising cost of borrowing could leave some buyers of investment trusts nursing heavy losses and a sharp fall in income. Investment trusts’ use of borrowing – known as gearing – is designed to supercharge returns and income when a vehicle’s strategy pays off, but […]
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11 Oct 2022 1 min read
Bargain Hunter: 12 investment trusts near biggest discount in five years
by Kyle Caldwell, interactive investor, 11th October 2022: Investment trust discounts have widened notably since the beginning of the year, rising from 1.5% to 15.7% for the average discount, according to analyst Winterflood. The bear market that’s played out this year in response to high levels of inflation, increases in interest rates and geopolitical tensions, […]
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03 Oct 2022 1 min read
The UK trusts trading on the widest discounts relative to their recent history
By Tom Aylott, Reporter, Trustnet, 30 September 2022: Those holding UK trusts over the past decade could have seen a sizable return on their investment, with the IT UK Equity Income and IT UK All Companies sectors up 83.8% and 69.5% respectively, according to data from QuotedData. But it is the trusts in the IT […]
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20 Apr 2022 1 min read
Only a ‘handful’ of managers to join race for unlisted assets in trusts
Kathleen Gallagher, Investment Week, 12 April 2022: Since 2018, ten trusts gained approval to expand unquoted exposure, with one more due to vote on a proposal shortly. All these trusts are run by just two asset managers, Baillie Gifford and Fidelity International, and experts think there will only be a “handful” of more firms likely […]
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17 Feb 2022 1 min read
All change at the top
Does a change of manager help with investment trust performance? Kathleen Gallagher, Investment Week, 3 February 2022: Boards of investment trusts continue to utilise their powers to change investment manager, a benefit of the investment trust structure. However, have these changes borne fruit? Three years is, by most analyst and investor standards, the timeframe when […]
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19 Oct 2020 1 min read
Trusts could be the star of your portfolio
Trusts could be the star of your portfolio: Cash in by backing Sage of Omaha Warren Buffett and The Beatles By ANNE ASHWORTH FOR THE DAILY MAIL PUBLISHED: 21:50, 16 October 2020 | UPDATED: 08:48, 17 October 2020 A number of investment trusts have come to the market in recent weeks. These include the successful launch of Home, which will […]
