This factsheet covers Baillie Gifford UK Growth, a UK equity trust. The manager says they don't try to copy the index, so short-term ups and downs are normal. Top holdings include Softcat (IT services), Games Workshop (tabletop games), and Moonpig Group (online greeting cards). The trust uses 9% leverage (borrowed money) and trades at a 9.2% discount to its net asset value. It's for investors who can hold for at least 5 years.
Baillie Gifford UK Growth Trust’s report as of August 31, 2026 shows that the trust aims to achieve total returns exceeding the FTSE All-Share Index by investing in UK-listed equities (35-65 companies), with the ability to allocate up to 10% of assets to private companies. As of the reporting date,
Monthly data was not disclosed separately, but cumulative performance year-to-date (as of August 31, 2026): Share price +16.1%, NAV +14.8%, both trailing the FTSE All-Share Index's +21.3%.
| Metric | 1 Year | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|
| Share Price | 16.1% | 55.0% | 3.2% | 81.9% |
| NAV | 14.8% | 45.3% | 11.4% | 71.9% |
| Benchmark (FTSE All-Share Index) | 21.3% | 59.7% | 69.8% | 126.3% |
Key Data: Total assets £289.55m, total borrowings £24.35m, ongoing charges ratio 0.71% (temporarily reduced from 0.5% to 0.4% until April 30, 2029), dividend yield 2.5%, gross leverage 9%, net leverage 6%, active share 88%, annual turnover 21%. Share price 227.00p, NAV 250.08p, discount 9.2%.
This section does not provide monthly attribution data, only listing the top ten holdings and sector allocation. The top ten holdings account for 39.3% of total assets, with the top three being Softcat (4.9%), Games Workshop (4.6%), and Moonpig Group (4.5%). The highest sector weights are in Software & Computer Services (approximately 15-20%), Investment Banking & Brokerage Services, and Retailers.
This section does not provide commentary on specific holdings.
[Neutral/Index-Agnostic Stance] The manager explicitly states that the portfolio does not seek to track or replicate the benchmark; sector weights are a result of stock selection rather than a target, making deviations from the benchmark inevitable. The report offers no clues on changes in position structure such as net exposure, leverage, or long/short ratios.
This section does not disclose any position changes. The trust allocates 10% of assets to private companies, top ten holdings concentration is 39.3%, and an annual turnover rate of 21% indicates relatively stable holdings.