Baillie Gifford International Concentrated Growth ETF (BGCG)

The Baillie Gifford International Concentrated Growth ETF (BGCG) is an actively managed equity fund from Baillie Gifford, the Edinburgh-based investment partnership known for its long-term growth investing approach.

The fund invests in a concentrated portfolio of growth companies based outside the United States, drawing on both developed and emerging markets. Baillie Gifford's managers look for businesses with large addressable markets, distinctive competitive advantages and strong cultures that they believe can grow substantially over five years or more.

Because the portfolio holds a relatively small number of stocks chosen without regard to index weights, its composition and performance can differ markedly from broad international benchmarks. Positions are typically held for long periods, reflecting the firm's patient investment style.