Investment Trusts

Baillie Gifford China Growth Trust plc

BGCG:LSE

Baillie Gifford China Growth Trust plc

Actions
  • Price (GBX)292.00
  • Today's Change-3.00 / -1.02%
  • Shares traded96.99k
  • 1 Year change+7.75%
  • Beta0.7272
Data delayed at least 20 minutes, as of Mar 05 2026 16:35 GMT.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

Baillie Gifford China Growth Trust plc is a United Kingdom-based investment trust. The Company’s investment objective is to produce long term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies. The Company invests in Chinese companies that are listed, quoted, or traded on any market, or unlisted. Its portfolio comprises between 40 and 80 listed and unlisted securities. The Company invests up to 20% of its assets in companies not listed on the public market. It invests up to 10%, in the aggregate, of gross asset value at the time of acquisition in other listed closed-ended investment funds. It has investments in various sectors, including consumer discretionary, communication services, industrials, information technology, healthcare, consumer staples, financials, materials, utilities, real estate and net liquid assets. Its alternative investment fund manager (AIFM) is Baillie Gifford & Co Limited.

  • Revenue in GBP (TTM)52.56m
  • Net income in GBP50.20m
  • Incorporated1907
  • Employees0.00
More ▼

Profile

Management group(s)Baillie Gifford & Co Limited.
AIC sectorChina / Greater China
ISINGB0003656021
Launch date24 Jan 1907
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Trust aims to produce long term capital growth by investing in an actively managed portfolio of Chinese companies. Up to a maximum of 20% of assets may be invested in companies not listed on a public market (measured at time of purchase). We invest on a long-term (5 year) perspective, and have a strong preference for growth. We are looking for significant upside in each stock that we invest in. The process is driven by rigorous, fundamental, bottom-up analysis undertaken by our dedicated emerging markets team, with input from our China office. The fund managers draw on this analysis, as well as insights gleaned from discussion with all of Baillie Gifford’s global investors, to produce a portfolio that typically holds 40–80 stocks.

Managed by

Sophie Earnshaw, Linda Lin

Management & contract fees

The annual management fee of (i) 0.75 % of NAV on the first GBP 50m ; plus (ii) 0.65 % of NAV between GBP50m and GBP250m; plus (iii) 0.55% of NAV in excess of GBP250m. This is calculated and payable on a quarterly basis. The Investment Management Agreement can be terminated on three months notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Symphony International Holdings Ltd43.64m53.32m157.57m--2.950.4676--3.610.13880.13880.11350.87680.1378--1,714.35--16.84-1.7617.18-1.8083.9181.91122.20-15.20----0.0286--295.47128.24155.5514.45----
Liontrust Asset Management PLC151.89m12.66m158.37m214.0012.741.456.751.040.20020.20022.411.750.4934--1.00709,780.404.116.349.0214.8692.1193.898.3313.51----0.0075152.15-14.208.47578.404.7927.7516.89
Unicorn AIM VCT plc1.53m-3.01m158.45m0.00--0.8197--103.56-0.0222-0.02220.00750.90280.0077--0.5252---1.51-0.5716-1.53-0.576-143.46-16.33-196.86-35.56----0.00---71.31-50.69-581.92----0.00
Brown Advisory US Smaller Companies PLC-7.49m-9.33m158.64m0.00--0.9484-----0.7914-0.7914-0.649914.76-0.0427-------5.314.18-5.344.20--86.58--79.55----0.000.00-174.66---247.15------
Gresham House Income & Growth 2 Vct PLC8.64m3.75m159.96m0.0021.480.9118--18.510.0230.0230.03350.54290.0535--28.16--2.32--2.33--50.51--43.36------0.00--------------
Baillie Gifford China Growth Trust PLC52.56m50.20m166.47m0.003.440.9914--3.170.84870.84870.88952.950.3326--135.64--31.76-7.1133.59-7.3297.05--95.50------0.0446--152.8925.25148.5830.24---21.00
Rockwood Strategic PLC13.76m11.07m166.79m0.0012.061.07--12.120.24780.24780.34292.800.1225--48.11--9.8519.599.9820.1987.1586.9380.4177.05----0.002.89330.14--370.54------
ProVen VCT plc12.30m8.03m167.62m0.0020.690.9338--13.620.02830.02830.04330.62650.071--24.83--4.632.954.652.9671.8461.1165.2751.88----0.00204.84-44.62---69.86------
Albion Crown VCT PLC1.77m-1.95m167.75m0.00--0.8565--94.83-0.0038-0.00380.00390.32810.013--11.02---1.444.05-1.464.11-46.3572.28-110.0160.78----0.00153.84-58.6210.15-189.88-----2.77
UIL Ltd62.39m55.48m172.29m0.003.160.8413--2.760.60210.60210.67442.260.2457--98.49--21.84-3.3424.16-4.0390.65--88.92------0.238--273.04--183.55----0.3155
Impax Asset Management Group Plc140.56m20.29m175.82m298.008.771.576.911.250.15790.15791.090.88170.834--4.04471,671.2012.0422.2215.8330.35----14.4424.19----0.047577.23-18.179.94-44.368.1221.456.89
British Smaller Companies VCT2 PLC9.95m4.80m177.65m0.0031.380.9354--17.860.01640.01640.03340.55060.0575--10.19--2.787.582.787.7061.8972.1148.2967.58--9.620.0099.10-39.911.27-60.99-10.46---3.04
Oryx International Growth Fund Ltd18.52m14.74m177.80m0.0012.060.68--9.601.051.051.3218.680.0722--130.10--5.749.665.809.7283.4788.8079.6085.17----0.000.00-106.03---122.13------
Augmentum Fintech PLC-6.34m-11.91m181.50m14.00--0.643-----0.0709-0.0709-0.03761.69-0.0219-----453,142.80-4.116.31-4.136.41--97.37--79.70----0.00090.00-149.30---210.31------
Foresight Enterprise VCT PLC6.73m1.37m181.76m0.0098.110.9074--26.990.00480.00480.0230.51570.0401--1.66--0.8139--0.8199--31.63--20.29------0.00--22.75--25.93------
Data as of Mar 05 2026. Currency figures normalised to Baillie Gifford China Growth Trust plc's reporting currency: UK Pound GBX

Institutional shareholders

50.91%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 03 Nov 202511.37m19.82%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 02 Jan 20264.54m7.92%
Allspring Global Investments LLCas of 02 Jan 20263.43m5.97%
Lazard Asset Management LLCas of 02 Jan 20262.47m4.31%
Hargreaves Lansdown Fund Managers Ltd.as of 02 Jan 20262.01m3.51%
Rathbones Investment Management Ltd.as of 02 Jan 20261.98m3.45%
Wesleyan Assurance Societyas of 02 Jan 20261.41m2.45%
Barnett & Co., Inc.as of 02 Jan 2026772.00k1.35%
BlackRock Investment Management (UK) Ltd.as of 02 Jan 2026655.00k1.14%
Rathbones Asset Management Ltd.as of 31 Mar 2025564.75k0.98%
More ▼
Data from 30 Sep 2025 - 30 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.