Baillie Gifford US Growth Trust plc is a United Kingdom-based investment company. The Company’s investment objective is to produce long-term capital growth. The Company invests predominantly in equities of companies, which are incorporated or domiciled, or which conduct a significant portion of their business, in the United States. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 holdings companies or funds, typically with 30 to 50 or more listed security holdings. The Company invests in various sectors, including communication services, consumer discretionary, consumer staples, financials, healthcare, industrials, information technology, materials, real estate and net liquid assets. Its alternative investment fund manager is Baillie Gifford & Co Limited.