1. Overview

    The Worldwide Japanese Fund aims to maximise total return principally through investment in equity securities which are listed, traded or dealt on Regulated Markets in Japan. The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.

    Performance & Portfolio

    Data is not currently available for this share class.

    Top Ten Holdings - 31/12/2022

    Fund %
    1 SoftBank Group 4.7%
    2 Keyence 4.7%
    3 Sony 4.4%
    4 SBI Holdings 3.4%
    5 Recruit Holdings 3.2%
    6 Sumitomo Mitsui Trust 3.2%
    7 Murata Manufacturing 3.1%
    8 Unicharm 2.9%
    9 Kubota 2.8%
    10 MS&AD Insurance 2.7%
    Total 35.3%
    Sector Exposure 31/12/2022

    Fund %

    • 1 Manufacturing 55.78
    • 2 Transport And Communications 11.67
    • 3 Finance & Insurance 11.40
    • 4 Services 10.95
    • 5 Commerce 9.10
    • 6 Real Estate 0.93
    • 7 Cash 0.17
    • Total 100.00


    Donald Farquharson

    Donald heads the Japanese Equities Team. Donald is the co-manager for the Japan Growth strategy (and related Growth strategy segregated accounts) which he has run since its inception on 31 December 2009. He is also a member of the International Alpha Portfolio Construction Group (PCG). Donald has over 25 years’ investment experience dedicated almost entirely to Japanese equities: He spent 20 years working for Schroders as a Japanese specialist and latterly Head of the Pan Pacific equity team and manager of the Schroder Japan Growth Fund plc. Between 1991 and 1995, he headed Schroders’ research team in Tokyo. He graduated with MA (Hons) in Arabic Studies from the University of St Andrews in 1987 and is a CFA Charterholder. Donald joined Baillie Gifford in 2008 and became a Partner in 2017.

    How to Invest

    You can invest in a range of our funds via a number of fund platforms and supermarkets. Certain share classes are available for investment via a number of platforms. Please see the links opposite.

    Baillie Gifford does not sponsor, maintain or have any control over the content of any other websites.

    Therefore, we are not responsible for the adequacy or accuracy of any of the information you may view, nor do we undertake to ensure successful transmission to any linked website.

    How to Invest


    You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available).

    To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.

    Philosophy and Process Documents

    Quarterly Investor Updates

    PRIIPs Key Information Document

    PRIIPs Performance Disclosures


    Investment markets can go down as well as up and market conditions can change rapidly. The value of an investment in the Fund, and any income from it, can fall as well as rise and investors may not get back the amount invested.

    The specific risks associated with the Fund include:


    Custody of assets involves a risk of loss if a custodian becomes insolvent or breaches duties of care.

    Single Country

    The Fund’s exposure to a single market and currency may increase share price movements.

    Foreign Currency

    The Fund has exposure to a foreign currency and changes in the rate of exchange will cause the value of any investment, and income from it, to fall as well as rise and you may not get back the amount invested.


    The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.

    Further Details

    Further details of the risks associated with investing in the Fund can be found in the Key Investor Information Document (KIID), or the Prospectus. Copies of both the KIID and Prospectus are available at bailliegifford.com.