Trustnet Magazine 93 March 2023 | Page 21

Important Information
bailliegifford . com / podcasts
Important Information
Investments with exposure to overseas securities can be affected by changing stock market conditions and currency rates . Shin Nippon ’ s exposure to a single market and currency could increase risk . Investing in smaller , immature companies is generally considered higher risk as changes in their share prices may be greater and the shares may be harder to sell . Smaller , immature companies may do less well in periods of unfavourable economic conditions .
The views expressed in this recording should not be considered as advice or a recommendation to buy , sell or hold a particular investment . The article contains information and opinion on investments that does not constitute independent investment research , and is therefore not subject to the protections afforded to independent research .
Some of the views expressed are not necessarily those of Baillie Gifford . Investment markets and conditions can change rapidly , therefore the views expressed should not be taken as statements of fact nor should reliance be placed on them when making investment decisions
Baillie Gifford & Co and Baillie Gifford & Co Limited are authorised and regulated by the Financial Conduct Authority ( FCA ). The investment trusts managed by Baillie Gifford & Co Limited are listed on the London Stock Exchange and are not authorised or regulated by the Financial Conduct Authority . Baillie Gifford & Co Limited is an Authorised Corporate Director of OEICs . A Key Information Document is available by visiting bailliegifford . com
Issue 93 - March 2023 / 21 /