Baillie Gifford  

Baillie Gifford cuts fee on top performing trust

“There is a long road ahead for all of us, as the global economy recovers from Covid-19. But we believe SAINTS has the right portfolio to march down it with confidence.”

The Scottish American Investment Company is among the absolute best performers in the AIC Global Equity Income sector, returning 85 per cent in share price terms over the past five years compared to the sector’s average of 48 per cent.

Over a three-year period, it is the absolute best performer in the sector, while it ranks second over a three-month, six-month, one-year and five-year period.

It is currently trading at a discount of 1.2 per cent.

imogen.tew@ft.com

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