Baillie Gifford European Growth Trust : BGEU

Baillie Gifford European Growth Trust (formerly European Investment Trust : EUT)  aims to achieve capital growth over the long term from a diversified portfolio of European securities.

The trust’s portfolio is constructed without any reference to the index and will not replicate it. The majority of the portfolio will be held in listed European equities however, up to 10% of total assets, as measured at the time of initial investment, can be invested in unlisted investments. The portfolio is managed for capital growth and any dividends paid to shareholders will be the minimum permissible to maintain investment trust status and be by way of a single annual payment.

QuotedData’s James Carthew wrote an article at the time Baillie Gifford werre awarded the management contract which can be accessed here

The website can be found here.