9th Aug 2022 17:55
Baillie Gifford US Growth Trust PLC - invests in listed and private US companies and is managed by Edinburgh-based Baillie Gifford - Net asset value total return minus 35% for financial year to May 31, lagging S&P 500 index's total return of 12%. Net asset value per share stands at 191.44 pence at end of May, down from 296.21p a year before. "It has been a difficult year. We are in a period of heightened geopolitical and economic uncertainty and the short-term outlook is unclear...What we remain focused on is trying to identify and own the exceptional growth companies in America," it says.
Current stock price: 184.40 pence, down 3.0% in London on Tuesday
12-month change: down 46%
By Lucy Heming; [email protected]
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