Trustnet Magazine 66 October 2020 | Page 40

[ BAILLIE GIFFORD ] product , characterised by Baillie Gifford ’ s long-term time horizon , our focus on identifying companies with substantial growth potential , and our experience investing in China and in attractive unlisted equities . We believe this is a compelling proposition for investors seeking access to what we believe is the most exciting , yet under-owned , market of the coming decades : China .
This article does not constitute , and is not subject to the protections afforded to , independent research . Baillie Gifford and its staff may have dealt in the investments concerned . The views expressed are not statements of fact and should not be considered as advice or a recommendation to buy , sell or hold a particular investment .
The trust ’ s exposure to a single market and currency may increase risk . The trust invests in overseas securities . Changes in the rates of exchange may also cause the value of your investment ( and any income it may pay ) to go down or up . The trust ’ s risk could be increased by its investment in unlisted investments . These assets may be more difficult to buy or sell , so changes in their prices may be greater . The trust invests in emerging markets where difficulties in dealing , settlement and custody could arise , resulting in a negative impact on the value of your investment . The trust can borrow money to make further investments ( sometimes known as “ gearing ” or “ leverage ”). The risk is that when this money is repaid by the trust , the value of the investments may not be enough to cover the borrowing and interest costs , and the trust will make a loss . If the Trust ’ s investments fall in value , any invested borrowings will increase the amount of this loss .
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 . The Baillie Gifford China Growth Trust is listed on the London Stock Exchange and is not authorised or regulated by the Financial Conduct Authority . A Key Information Document is available by visiting www . bailliegifford . com
All information is sourced from Baillie Gifford & Co Limited and is current unless otherwise stated . This is a financial promotion from Baillie Gifford & Co Limited . trustnet . com