Edinburgh Worldwide Investment Trust
Edinburgh Worldwide is the often overlooked younger sibling of Monks and Scottish Mortgage, the two big investment trusts in the Baillie Gifford stable. It was launched 20 years ago and has a market value of £350 million, so ranks as a comparative upstart compared with the £1.6 billion Monks, set up in 1929, or the £6 billion Scottish Mortgage, which began life in 1909.
Yet its performance puts it right up there with its larger and better-known stablemates. In the five years to January 2018, it produced a thumping return of 163.1 per cent, putting it fourth of the 24 funds in the global investment trust sector, just behind Scottish Mortgage, in third place, and just in front of Monks, in