Investment Trusts

Baillie Gifford European Growth Trust Plc

BGEU:LSE

Baillie Gifford European Growth Trust Plc

  • Price (GBX)97.90
  • Today's Change2.00 / 2.09%
  • Shares traded23.56k
  • 1 Year change4.15%
  • Beta0.9978
Data delayed at least 20 minutes, as of Jul 01 2024 08:01 BST.
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Profile data is unavailable for this security.

About the company

Baillie Gifford European Growth Trust plc is a United Kingdom-based investment company. The Company's investment objective is to achieve capital growth over the long term from a diversified portfolio of European securities, irrespective of where they are listed. The Company is invested in a diversified portfolio of between 30 to 60 European companies. The Company may not invest more than 10% of its total assets in any one individual stock at the time of investment. No more than 10% of the total assets of the Company may be invested in other listed investment companies (including investment trusts) except in those that have stated that they will invest no more than 15% of their total assets in other listed investment companies. In this case, the limit is 15%. The Company's investment sectors include utilities, real estate, materials, consumer discretionary, information technology, industrials, and others. The Company’s alternative investment fund manager is Baillie Gifford & Co Limited.

  • Revenue in GBP (TTM)28.58m
  • Net income in GBP25.14m
  • Incorporated1972
  • Employees0.00
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Profile

Management group(s)Baillie Gifford & Co Limited.
AIC sectorEurope
ISINGB00BMC7T380
Launch date28 Jun 1972
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To achieve attractive investment returns over the long term from a diversified portfolio of European securities.

Managed by

Stephen Paice, Chris Davies

Management & contract fees

As set out in the heads of terms signed by the Company and Baillie Gifford, Baillie Gifford will be paid an annual management fee of 0.55% p.a. of the lower of the Company's market capitalisation and the Company's net asset value (which shall include income), in either case up to GBP 500m; and 0.5%p.a. of the amount of the lower of the Company's market capitalisation or net asset value above GBP 500m. The Investment Management Agreement is terminable on not less than three months' notice or on shorter notice in certain circumstances.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
CT Private Equity Trust PLC24.80m7.62m304.60m0.00304.60m0.00
VH Global Sustainable Enrgy Opprtnts PLC61.84m55.34m305.63m0.00305.63m0.00
Jpmorgan Asia Growth & Income PLC-1.58m-5.83m309.27m0.00309.27m0.00
Fintel PLC64.90m7.10m318.89m494.00318.89m494.00
Brooks Macdonald Group plc128.48m6.58m320.78m509.00320.78m509.00
Biotech Growth Trust PLC79.73m74.60m325.91m0.00325.91m0.00
Sherborne Investors (Guernsey) C Ltd46.86m43.91m331.80m0.00331.80m0.00
Invesco Bond Income Plus Ltd36.48m31.82m332.90m0.00332.90m0.00
Scottish Oriental Smaller Co's Trust PLC53.44m40.62m335.01m0.00335.01m0.00
Baillie Gifford Shin Nippon PLC-75.99m-81.91m338.02m0.00338.02m0.00
Baillie Gifford European Growth Trst PLC28.58m25.14m340.71m0.00340.71m0.00
abrdn Asian Income Fund Limited16.30m8.74m342.13m0.00342.13m0.00
Abrdn UK Smlr Cmpn Grth Trst PLC2.30m-3.53m363.13m0.00363.13m0.00
Pensionbee Group PLC23.82m-10.57m372.00m202.00372.00m202.00
Pantheon Infrastructure PLC56.46m49.59m382.99m0.00382.99m0.00
North American Income Trust PLC-1.56m-9.17m394.22m0.00394.22m0.00
Data as of Jul 01 2024. Currency figures normalised to Baillie Gifford European Growth Trust Plc's reporting currency: UK Pound GBX

Institutional shareholders

49.02%Per cent of shares held by top holders
HolderShares% Held
Allspring Global Investments LLCas of 08 May 202447.37m13.34%
1607 Capital Partners LLCas of 15 Mar 202442.40m11.94%
City of London Investment Management Co. Ltd.as of 15 May 202435.56m10.01%
Investec Wealth & Investment Ltd.as of 30 Sep 202318.43m5.19%
Charles Stanley & Co. Ltd. (Investment Management)as of 30 Sep 202317.97m5.06%
BlackRock Investment Management (UK) Ltd.as of 31 May 20244.36m1.23%
Hirtle, Callaghan & Co. LLCas of 31 Mar 20243.00m0.84%
Vanguard Global Advisers LLCas of 30 Apr 20242.11m0.60%
Valu-Trac Investment Management Ltd.as of 31 May 20241.70m0.48%
Legal & General Investment Management Ltd.as of 28 Mar 20241.20m0.34%
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Data from 31 Jul 2023 - 31 May 2024Source: FactSet Research Systems Inc.
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