March 2025 update - BGJSC - Baillie Giff Smaller Japanese
Hi Oak Bloke, Thanks for your posts which I recently discovered. Great Stuff.
Am interested why you choose this fund and not the investment trust version though? The Shin Nippon trust is on a discount to NAV so may be better value?
Hi Harris,
Great question. The trust and the fund are 98.5% identical with some nuances on relative holdings. Same team run both too.
You’re right that there’s a discount with BGS. The contrast is the Fund has no stamp duty, no spread, lower charges.
I liked the Fund’s top 10 more than the BGS top 10 too.
OB
Hi Oak Bloke, Thanks for your posts which I recently discovered. Great Stuff.
Am interested why you choose this fund and not the investment trust version though? The Shin Nippon trust is on a discount to NAV so may be better value?
Hi Harris,
Great question. The trust and the fund are 98.5% identical with some nuances on relative holdings. Same team run both too.
You’re right that there’s a discount with BGS. The contrast is the Fund has no stamp duty, no spread, lower charges.
I liked the Fund’s top 10 more than the BGS top 10 too.
OB