This is Baillie Gifford's Monks Investment Trust monthly factsheet. Over the past year, its share price rose 15.4%, lagging the global stock market (FTSE World Index up 24.2%). The fund doesn't give a near-term market view but sticks to a patient, long-term strategy holding about 100+ global growth stocks for ~5 years. Top holdings include TSMC (world's largest chipmaker, 5.6% of portfolio), NVIDIA (AI chip leader, 4.8%), and ByteDance (TikTok parent, 1.6%)—all seen as long-term growth bets.
Monks Investment Trust PLC’s report as of August 31, 2026 indicates that the trust targets long-term capital growth, prioritizing it over income, through an actively managed global growth equity portfolio (average holding period of approximately 5 years). The core view is that investments are not co
Monthly data was not provided for this period, but for the 12 months ended August 31, 2026, the share price returned 15.4% and the NAV returned 13.3%, both lagging the FTSE World Index's 24.2%. On a cumulative basis (5 years), the share price returned 14.1% and the NAV returned 21.2%, significantly trailing the benchmark's 80.7%.
| Metric | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Share Price | 15.4% | 69.3% | 14.1% | 236.3% |
| NAV | 13.3% | 56.0% | 21.2% | 214.1% |
| FTSE World Index | 24.2% | 68.9% | 80.7% | 247.9% |
Discrete annual performance (as of June 30):
| Metric | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|
| Share Price | -32.1% | 6.8% | 19.6% | 9.7% | 25.7% |
| NAV | -26.8% | 9.1% | 17.9% | 9.2% | 19.4% |
| Index | -2.8% | 13.5% | 21.1% | 7.8% | 30.2% |
This section does not provide attribution of contributions/detractions at the individual stock level.
This section does not include commentary on specific holdings.
[Not explicitly stated] This section does not contain the manager's views on market outlook, sectors, or themes. The report only states the investment strategy: pursuing long-term capital growth over income; employing a patient, benchmark-unconstrained active management approach, holding approximately 100+ global growth stocks with an average holding period of about 5 years. Net Exposure/Leverage/Long-Short Ratio: Net leverage of 8%, annual turnover of 34%, active share of 78%.
This section does not disclose position changes. The report only provides static holdings data as of August 31, 2026: