Trustnet Magazine 58 January 2020 | Page 26

Your portfolio 26 / 27 BAILLIE SCOTTISH GIFFORD MORTGAGE EUROPEAN INVESTMENT GROWTH TRUST TRUST THE BAILLIE GIFFORD EUROPEAN GROWTH TRUST WAS FORMERLY THE EUROPEAN INVESTMENT TRUST PERFORMANCE OF PORTFOLIOS VS INDEX SINCE LAUNCH A NEW ROUTE INTO EUROPE. MSCI AC World NEST Higher Risk NEST 2040 Retirement (177.50%) (147.07%) (114.32%) 200% The Baillie Gifford European Growth Trust brings our wealth of experience in European investing to the investment trust sector. 175% 150% Our European managers look for exceptional growth companies. They want to identify the big winners across the continent. Investments will be high quality businesses, possibly founder-managed, with strong competitive positions and credible prospects for long-term earnings growth. 125% 100% 75% Please remember that changing stock market conditions will affect the value of the investment in the trust and any income from it. Investors may not get back the amount invested. 50% 25% Are you looking for growth potential across Europe? call 0800 917 2112 or visit us at www.bgeuropeangrowth.com 0% p1 Your call may be recorded for training or monitoring purposes. Issued and approved by Baillie Gifford & Co Limited, whose registered address is at Calton Square, 1 Greenside Row, Edinburgh, EH1 3AN, United Kingdom. Baillie Gifford & Co Limited is the authorised Alternative Investment Fund Manager and Company Secretary of the Company. Baillie Gifford & Co Limited is authorised and regulated by the Financial Conduct Authority (FCA). The investment trusts managed by Baillie Gifford & Co Limited are listed UK companies and are not authorised and regulated by the Financial Conduct Authority. -25% Long-term investment partners A Key Information Document is available by contacting us. Investment in funds with a heavy majority exposed to the stock market specific share or company that you typically changes from around the age want to invest in, you’ll probably have of 55. However, with more pension to set up your own personal pension savers becoming drawdown investors arrangement to accommodate this,” in retirement, and gains in longevity Tait adds. “But this is a high-risk meaning we are living longer, you strategy. Take care to ensure the are likely to have another 30 years of investment is legitimate.” your life left at this point in which to Long points out that savers don’t increase the value of your portfolio. need to turn their back on the default “As people get closer to retirement, option entirely. they often want to protect the funds “Keeping some money invested in the they have saved and have a tendency default as a core fund, and using some to move into more cautious options,” more adventurous options around the says Tait. “This strategy may deliver edges, can tilt your pension towards lower overall returns, but is less likely what you’re after,” he says. to fall significantly in value.” Source: FE Analytics trustnet.com