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Stifel: Baillie Gifford US Growth must 'be careful not to get carried away' with SpaceX
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investmentweek.co.ukSpaceX represents the largest holding of the trust, at 7.6% of the portfolio, an investment that has led to a «strong recent run» for the vehicle in past months, according to Stifel analysts William Crighton, Iain Scouller and Sachin Saggar. The trust is now trading on a premium of 3.8%, according to data from the Association of Investment Companies, a rarity in the investment trust sector that has been dominated by discounts in recent years. This premium was driven by a rise in the net asset value of its assets, with SpaceX spearheading the uptick. Baillie Gifford withdraws fro...
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