Trustnet Magazine 71 March 2021 | Page 17

[ BAILLIE GIFFORD ]

“ Technology will become even more important in all our lives , and is particularly impactful in emerging markets , where it makes basic services more accessible ”

save or borrow money or to pay for their kids ’ education . It ’ s extremely exciting and impactful .” A more unusual impact investment is in the Dutch business ASML , whose hardware , software and services help to create critical components used in smartphones and consumer electronics . “ Connectivity equals both productivity and inclusivity ,” says Fox . “ ASML is one of the most important tech businesses you ’ ve never heard of .”
“ Hand-in-hand ” And in the healthcare category , Dexcom makes sensors that can provide continuous glucosemonitoring for some of the world ’ s 476m diabetes sufferers . Based in San Diego , California , it provides a far more convenient , less invasive and consistent record of a patient ’ s glucose levels . “ A continuous reading is really important in managing the condition ,” according to Fox . Diabetes is a chronic condition that leads to long-term health complications and costs the US healthcare system alone an estimated $ 327bn every year . “ Dexcom ’ s products improve patients ’ quality of life and reduce the number of complications and hypo or hyperglycemic events . It ’ s a great illustration of how our
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