God it’s frustrating! I’m Hoping it balances over time.
I was reading on here that someone hedges against the FX to cover the losses, it definitely sounds like something I’d monumentally screw up 
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Hi. Would you know, Is this available for investors to invest in? Or something private for BG?
I can’t see it on HL platform so maybe it’s not for private investors.
Thanks for sharing this info, I’ve heard about it but never knew the full details
It’s on AJ Bell’s platform. Not sure… interested though.
Will check Interactive Investor.
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Any reason for the recent drop in Pacific Horizon?
Diluting Share has always been the case with a good growth stock. Just look at the recent example with Tesla 5 bil stock offer. Similarly, to NIO.
But if it is a good stock and they are doing it for a good cause, there will be a dip but it is just a matter of time before they are bouncing back.
It is entirely different if they offer additional share to pay dividend, to pay their greedy executives’ bonus, etc especially rewarding for poor performance.,
It’s slightly different though as an individual company would issue stock to raise capital.
Contrary to the above a fund will issue stock to reach the NAV again opposed to raising capital.
BGCG is slowly approaching its NAV.
I’ll be back in tomorrow 
Based on yesterday’s price from https://www.bailliegifford.com/en/uk/individual-investors/funds/baillie-gifford-china-growth-trust/ it still is at a premium of 14.3% though.
Yes it is, as I’ve said … it’s slowly descending. 
The moment it will reach the NAV’s vicinity, I”ll add it. 
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Why would you add it at the moment? It looks like the performance of Scottish Mortgage are far better year on year so far? Maybe I have missed something?
Everyone has there own personal reasons, my reason is to diversify and have greater exposure to China and Asia
Although I appreciate SMTs China exposure is made up of around 20%. This 20% will predominantly be Ten Cent and Alibaba.
That being said, BCGC is also heavily weighted towards Alibaba and Ten Cent. Depending on your view this may not be a bad thing either.
I’m also an SMT holder for the record👌
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Exactly for the same reasons as @Jobloggs stated.
This is my current Pie and I’ll add BGCG the moment it reaches its NAV or at leass.
- Scottish Mortgage Investment Trust (SMT) 40 %
- Baillie Gifford US Growth Trust (USA) 30 %
- Edinburgh Worldwide Investment Trust (EWI) 30 %
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Do you use this as your only “pie” or do you have other ones too?
This is my only Pie, yes. I also hold 15 other companies, but actively investing only in the Baillie Gifford Pie.
I looked into BG’s Graph once and noticed a sharp drop in 2018 but couldn’t find the reason why it happened.
Did it have a stock split at that time as that is the only explanation.
Is the that 212 chart you’re talking about?
Can’t recall what fund it was I saw something similar but I looked at the same chart on Trading View and the large movement wasn’t there. Thought it must be a glitch in the 212 chart but not sure if we’re talking about the same Trust.
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You are probably right.
I was confused at the huge dip and tried to look into it and found nothing.
It did put me off initially though.