Pacific Horizon Investment Trust PLC is a closed-ended equity fund launched and managed by Baillie Gifford & Co Ltd, with co-management by Baillie Gifford & Co. It invests in public equity markets across the Asia Pacific region (excluding Japan) and the Indian Sub-continent, focusing on growth stocks of companies of all market capitalizations that can grow earnings and cash flows faster than average. The fund is actively managed and benchmarks its performance against the MSCI All Country Far East ex Japan Index in sterling terms. Formerly known as Baillie Gifford Pacific Horizon Investment Trust, it was formed on February 1, 1989 and is domiciled in the United Kingdom.