Looking to add to my exposure to China, currently have alibaba - once we have Tencent access then I’m not sure I’ll need to look at BGCG. Have you compared it to I share large cap? Is there much difference out of interest
Agree with both. SMT is a performance machine. A must own for the best global coverage you can get.
I feel a weighted split between SMT, USA & BGCG is all you really need in terms of full global coverage of the cream of growth companies. Yes you are putting all your trust in Baillie Gifford. But after spending a few hours reading their website and whole company ethos, I’m comfortable letting them manage my money, over myself trying to pick stocks.
I have to remind myself I’m in this for the next 15 years. I think they’ll better perform over me lol
Of course I’ll have a few of my own stocks on the side, but those trusts are the best for a reason
I think if they were all fractional and on 212. I’d probably do the same split…if not at least compare the Baillie Gifford pie to mine after a year probs transfer everything to the BG pie
It’s amazing how many quality unlisted companies SMT have - stripe, ANT etc
The same with all their trusts to be fair.
One thing they are big on is getting into companies early on.
Their biggest to date is Tesla. I think until recently they were the largest investor in Tesla. But unfortunately had to trim their stake due to regulations.
Next will be Ant. This will send SMT Sky high.
I do not know yet, but I’m sure they’ll get ANT into BGCG too. No brainier.
All their growth trusts have this mandate of investing in unlisted companies.
It’s why their trusts really do outperform.
I agree totally, that’s exactly my plan but have Edinburgh Worldwide (EWI) included also and am amazed it’s not on T212, despite months of multiple people asking. If we could have that and Manchester & London (MNL) then I would move ISA to T212.
Agree with you re: confidence in BG picking my stocks, happy for them to manage my entire portfolio
I started off investing by buying my own individual stocks. Buying bits and pieces here, selling there. Trying out a few different pie configurations. Micromanaging everything. Same as everybody else.
After researching SMT I just sold everything and put it into SMT. They basically invest in the same things I do. Techy stuff. And they’re 100,000 times more skilled at picking stocks than I am. So my retirement portfolio literally has just one stonk lol. SMT.
Yes it’s risky doing this. Apparently I’m supposed to have bonds that return 0.0000001% per year or some all world ETF or something. Whatever boomer… YOLO BABY
It goes against everything we know, but I actually think your retirement pie will do quite will and will almost certainly outperform the market over time.
I wonder how many other investors on here have sold a large amount of their individual stonks and just plowed them into an ETF like yourself .
SMT, INRG, BATG, WCLD and ESPO are currently some of the best performing in my portfolio at the moment (excluding NIO, NVTA & TSLA)
Before I go and google every single one of those, has anybody done this already? Anything interesting in there? Like the Chinese version of SpaceX or something.
Also would this be a high risk buy? America can just wipe out Chinese companies with a couple of sanctions. Also Chinese companies can just evaporate into a cloud of corruption at any time. Or are these solid companies with low risk? (… like Huawaiei 2 years ago or Luckin Coffee at the start of the year!)
I have zero concerns with them having all my money.
Yes the funds are all Baillies but they themselves are so well diversified. Even being tech led, but not tech overweight. A great spread over sectors.