Trustnet Magazine Issue 44 October 2018 | Page 14

SCOTTISH BAILLIE MORTGAGE GIFFORD INVESTMENT UK GROWTH TRUST FUND Your portfolio 12 / 13 Holly Black looks at some of the most obscure areas of the market you can access via ETFs Weird and wonderful M THE BAILLIE GIFFORD UK GROWTH FUND WAS FORMERLY THE SCHRODER UK GROWTH FUND KEEPING WATCH FOR HIGH GROWTH UK COMPANIES. The Baillie Gifford UK Growth Fund PLC is an investment trust which brings our long-term growth philosophy home to the UK. As high conviction active managers we are looking for fi rms with sustainable competitive positions and strong corporate cultures. Companies that we believe can deliver superior earnings growth over many years. This is a best ideas portfolio investing in what we consider to be the most exciting businesses listed on the domestic stock market. Please remember that changing stock market conditions will affect the value of the investment in the fund and any income from it. Investors may not get back the amount invested. If in doubt, please seek fi nancial advice. If you’re looking for growth from a fl agship UK fund, call 0800 917 2112 or visit us at www.bgukgrowthfund.com A Key Information Document is available by contacting us. Long-term investment partners 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. any investors think of exchange-traded funds as a cheap and easy method of tracking a chosen stockmarket. But ETFs are a fast-evolving part of the investment landscape, moving into an ever- growing number of areas based on investor demand. Adam Laird, head of ETF strategy at Lyxor, says that previously if you had a conviction in a particular trend, you would need to carry out your own research and select individual stocks. “There were a few thematic funds, but the choice was limited,” he adds. “But as more data has become available, ETFs are able to build an index targeting a specific sector or trend and that has allowed the launch of some quite specific investments at low cost.” trustnet.com