ARKG anyone? 
…
3 Likes
Don’t know @eden, sorry.
Really ! I never knew this. Great news. I need more health exposure. Just can’t find it anywhere lol
1 Like
Will we see this available as an option here on the platform?
It’s an OEIC, so no.
1 Like
This one was added on T212 recently: HanEtf, HAN-GINS Indxx Healthcare Innovation UCITS ETF
Does anyone have any thoughts?
Baillie Gifford thread; not HANetf thread…
2 Likes
The HANetfs look interesting but I’m yet to dedicate some proper time to looking into them fully, eg. How long they’ve been going, historic performance, etc.
Don’t appear in the best performing etfs of the year list so I presumed they were fairly new…
1 Like
I had shortlisted Worldwide Healthcare as a potential fund for health exposure but the fee is vv steep. Gonna look at this instead.
Question for the hive mind. Say all the stocks being held by Scottish Mortgage Investment Trust rise 10% one day. Would it be correct to say that we should see a 10% rise in Scottish to reflect this. If not, what are the fees or reasons for this not happening?
I know there is a management fee for a start. Is this taken out daily, weekly, monthly, yearly or otherwise from the stock growth?
I think it would still depend on the weight of their holdings. it won’t be a perfect 10% across the board and it would have the most effect in their largest and most expensive positions. but here are the noted fee’s for the trust:
Why BGCG?
Instead of PHI?
PHI is more diversified in countries and had better performance.
They’re also currently issuing new stock of PHI, it’s not a bad shout though I hadn’t personally looked at this one until this morning.
PHI is another cracker, definitely.
What we need to remember is BGCG, up until the name change, was in fact a more divisified Trust in terms of geography, and it’s performance was much poorer. It’s only been a month or so under the new focus, and they only just published the complete holdings last month so that first month has all been about reallocation and portfolio building.
BG are hugely bullish on China. So much so that they opened their first non-UK office in Shanghai this year, only their fourth office overall I believe. They believe China will be the world’s biggest economy in the next 5-10 years.
We won’t see a true performance comparison, or even if their China thesis proves strong, til this time next year.
For me, I believe in the thesis - why wouldn’t I? They’re knocking it out the park everywhere when it comes to growth - and I’m also taking the opportunity to get in at the ground level.
5 Likes
Basically what he said 
Why that? It only for institutional investors?
OEICs aren’t exchange-traded, like ITs are.
2 Likes
You can compare the historical performance of BGCG and PHI, they have a lot in common: (in 31/August/2020)
BGCG
https://www.trustnet.com/factsheets/t/il49/baillie-gifford-china-growth-trust-plc
PHI
https://www.trustnet.com/factsheets/t/be06/pacific-horizon-investment-trust-plc
So now they change the BGCG investment policy, investing in BGCG is an act of faith, with new managers (16/09/2020) and investment strategies, the past performance will be less relevant now.
A benefit of doubt to BGCG is that one of it new managers, is the PHI Deputy Manager, Roderick Snell, that is promoted to Co-Manager of BGCG. But so far PHI Primary Manager has more than 6 years track record being the boss in managing an IT, and the new Co-manager of BGCG still has to prove itself.
1 Like
A note of caution, China has a lot of political risk. With Trump leaving, the US external policy against China could publicly deescalate but Biden and US administration will continue to be antagonist towards China but in less direct and in the media, because China is the challenging economic power. The US antagonism against China isn’t a Trump phenomenon, it’s a growing trend in US for some years.
Also EU is also resisting the Chinese influence in the region, e.g. not allowing the Chinese buying certain strategic or technological companies.
Of course, we could have some China exposition as way of profiting and hedging the investment in the more developed and mature economies.
PS: In some developing countries, like China and Asian countries, the political powers could limit the foreign investment, implement capital controls (entry and exit), the currency risk is also a big factor to consider.
1 Like
Slightly off-topic but what do people think about Allianz Technology Trust as another trust to add to my Baillie Gifford only (so far) pie? It seems to have had a decent 10 year performance too? Any views?