Baillie Gifford China Growth Trust (BGCG): Chin...

Edison Investment Research Limited Edison Investment Research Limited: Baillie Gifford China Growth Trust (BGCG): China - we are only at the beginning 16-Oct-2020 / 09:05 GMT/BST London, UK, 15 October 2020 Baillie Gifford China Growth Trust (BGCG): China - we are only at the beginning The handover of Witan Pacific (WPC) to Baillie Gifford (BG) on 16 September 2020, following the board's decision and favourable shareholders' vote, marks the trust's transition to the new asset manager. BG won the mandate with its proposal to transform the Asia Pacific growth and income trust into a pure China equity growth strategy. The manager considers that 'still misunderstood and underinvested' China (a c 2.5% allocation in 2019 global portfolios) is the key global growth market of the 21st century, and that global investors who miss out on the present China opportunity run the major risk of being left behind. Following the announcement of BG taking over the trust on 22 July 2020, BGCG re-rated into positive territory and currently trades at a 4.8% premium to NAV. Click here to view the full report. All reports published by Edison are available to download free of charge from its website www.edisongroup.com About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting. Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. For more information please contact Edison: Victoria Chernykh [phone] Sarah Godfrey   [phone] [e-mail] Learn more at www.edisongroup.com and connect with Edison on:  LinkedIn  https://www.linkedin.com/company/edison-group- Twitter   www.twitter.com/Edison_Inv_Res YouTube  www.youtube.com/edisonitv Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

End of Announcement - EQS News Service

1141329 16-Oct-2020