Baillie Gifford carbon world . Tesla remains a large holding and the trust also invests in Chinese EV maker NIO . Further along the supply chain , it invests in Swedish battery developer Northvolt . In the US , it owns ChargePoint , the world ’ s largest network of EV charging stations , and Redwood Materials , which hopes to build recycling infrastructure for batteries . The most exciting theme for Burns , however , is the application of computing power to the field of biology . The opportunity set is large and varied , he said , but perhaps more importantly , the potential impact on people is profound .
“[ It ’ s ] Moderna ’ s ability to address HIV , Zika , even cancer . It ’ s Ginkgo Bioworks ’ ability to potentially give us biodegradable plastic ,” he said . “ Grail has a blood test that detects about 50 types of cancer very early on . That cancer test could save my life or that of someone close to me in the future , and that , to me , makes it very meaningful .” From EVs to biology – and to whatever comes next – the aim of the Scottish Mortgage fund managers is to remain ahead of the curve with . And while the themes will shift again and again , that strategy will remain unchanged .
This article contains information on investments which does not constitute independent research . Accordingly , it is not subject to the protections afforded to independent research and Baillie Gifford and its staff may have dealt in the investments concerned . 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 . Scottish Mortgage Investment Trust PLC ( Scottish Mortgage ) is listed on the London Stock Exchange and is not authorised or regulated by the FCA . 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 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 has a significant investment in private companies . The Trust ’ s risk could be increased as these assets may be more difficult to sell , so changes in their prices may be greater . A key information document is available
here .
Issue 83 - April 2022 / 23 /