Baillie Gifford US Growth Trust

Baillie Gifford US Growth Trust (lse: USA) is a large British investment trust dedicated to investments in United States-based companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1] It is managed by Edinburgh-based investment manager Baillie Gifford[2] and the Chairman is Tom Burnet.[3]

History

The company was established in 2018.[4] The managers were authorised to have up to 50% of the portfolio invested in unlisted companies, a higher proportion than some other investment trusts.[5]

In December 2025, the US hedge fund, Saba Capital Management, blocked a proposed merger between Baillie Gifford US Growth Trust and Edinburgh Worldwide Investment Trust.[6]

References

  1. FTSE UK Index Series Quarterly Review September 2020 FTSE Russell, 2 September 2020, retrieved 2 September 2020^
  2. Baillie Gifford To Move HQ To £350m Haymarket Block Scottish Financial Review, 28 July 2020, retrieved 11 April 2021^
  3. Audrey Baxter and Tom Burnet join board of BMO Private Equity Trust Scottish Financial News, 5 June 2020, retrieved 2 September 2020^
  4. Baillie Gifford to launch a US growth trust Investors Chronicle, 15 February 2018^
  5. Baillie Gifford doubles down on private companies Trust.net, 8 February 2022, retrieved 15 January 2024^
  6. Activist investor Saba blocks Baillie Gifford trust merger The Herald, 3 December 2025, retrieved 3 December 2025^