Baillie Gifford adjusts management fees on US Growth Trust

Came into effect 1 September

Baillie Gifford has reduced the annual management fee on its US Growth Trust, which now exceeds £1bn in assets.

From 1 September 2021, an annual management fee of 0.70% will apply on the first £100m of net assets, 0.55% on the next £900m of net assets and 0.50% for net assets in excess of £1bn. The US Growth...