Transcript
Speaker: It is an urgent call for the shareholders of Bailey Gifford US Growth Trust, ticker USA, to cast their votes ahead of the company's AGM on the 23rd of October, 2026.
Speaker: USA provides exposure to exceptional US growth businesses across both public and private markets, including SpaceX, Anthropic and Stripe. The Trust has outperformed the S&P 500 index over the long term and in the 12 months to 30th September 2026 delivered an NAV total return of 32.4% versus for the index.
Speaker: Saba Capital, which holds around 30% of USA's voting rights, has proposed three directors for election at the upcoming AGM, offering shareholders a cash exit at or near NAV.
Speaker: USA's board strongly opposes their appointment, questioning the nominee's independence and the implications for the Trust's longer-term strategy.
