1. Overseas Fund

    Overseas Fund

  2. Overview

    We make active long-term investments in growing companies located in countries in developed and emerging markets. We seek to invest in businesses that exhibit sustained above-average growth and superior profit margins.

    Investment Proposition

    The Fund aims to represent the best international growth investments from across Baillie Gifford’s research teams. The Fund is constructed on a bottom-up basis and aims to invest in companies that enjoy sustainable competitive advantages in their industries and which we believe will grow faster than the market average over time. We aim to take a genuinely long-term investment perspective with the resolve to ignore short-term market distractions. Baillie Gifford’s culture and stable partnership structure is fundamental in allowing this philosophy to flourish.

    Holdings 8/31/2023

    SEDOL ISIN Company Country Holding Asset Price Currency Asset Type Market Value (CAD) Fund %
    1 5843329 DE0007165631 Sartorius Group Germany 9,676 377.40 EUR Equity 5362371.76 2.93
    2 6916781 SG1M31001969 United Overseas Bank Singapore 187,027 28.44 SGD Equity 5328697.40 2.91
    3 B929F46 NL0010273215 ASML Netherlands 5,948 607.90 EUR Equity 5309605.65 2.90
    4 2113382 US8740391003 TSMC Taiwan 39,584 93.57 USD Equity 5011157.55 2.74
    5 B4TX8S1 HK0000069689 AIA Hong Kong 388,600 71.20 HKD Equity 4773660.67 2.61
    6 B1Y1SQ7 PTJMT0AE0001 Jeronimo Martins Portugal 132,983 23.50 EUR Equity 4589053.83 2.51
    7 6763965 JP3162600005 SMC Japan 6,900 70600.00 JPY Equity 4527087.70 2.47
    8 BVYVFW2 GB00BVYVFW23 Auto Trader United Kingdom 416,087 6.06 GBP Equity 4325691.03 2.36
    9 B23X1H3 US58733R1023 MercadoLibre Brazil 2,246 1372.36 USD Equity 4170225.63 2.28
    10 6805265 JP3351600006 Shiseido Japan 74,200 5916.00 JPY Equity 4079408.41 2.23
    Total 25.95%
    Sector Analysis of Total Assets - 6/30/2023

    Fund %

    • 1 Consumer Discretionary 21.18
    • 2 Industrials 19.54
    • 3 Financials 14.50
    • 4 Consumer Staples 13.36
    • 5 Information Technology 11.64
    • 6 Health Care 10.52
    • 7 Communication Services 6.28
    • 8 Materials 1.02
    • 9 Energy 0.43
    • 10 Cash 1.52
    • Total 100.00

    Total may not sum due to rounding

    Regional Analysis of Total Assets - 6/30/2023

    Fund %

    • 1 Europe (ex UK) 40.97
    • 2 Developed Asia Pacific 31.47
    • 3 UK 14.57
    • 4 Emerging Markets 11.46
    • 5 Cash 1.52
    • Total 100.00

    Total may not sum due to rounding

    ASSET CLASS ANALYSIS 6/30/2023

    Fund %

    • 1 Listed Equities 60.80
    • 2 Cash and Equivalents 1.52
    • 3 Unclassified 37.68
    • Total 100.00

    It should not be assumed that recommendations/transactions made in the future will be profitable or will equal performance of the securities mentioned. The composition of the Fund's holdings is subject to change. Percentages are based on securities at market value. Internal classifications are used for any graphs represented above.

    There is no guarantee that the investment objective of the Fund will be achieved. Stocks fluctuate in price and the value of your investment in the Fund may go down. This means that you could lose money on your investment in the Fund or the Fund may not perform as well as other possible investments. 

    TAX & DISTRIBUTIONS

    The Fund intends to pay dividends to its unitholders at least annually. Distributions will be automatically reinvested in additional units of the Fund or, if a unitholder requests, paid directly to unitholder.

    The distribution date for the Fund shall be the last Valuation Date in each taxation year or such other frequency as may be determined by the Manager. The distribution dates will appear on this page alongside the rates once they become available. For more information on the Funds distributions please see the Offering Memorandum.

    The below table shows the makeup of the most recent distributions paid.

    Fund Name

    Income Dividends

    Capital Gain

    Total Per Share

    Ex. Date

    Pay Date

    Status

    Overseas Fund Series Z 0.18719 0.00000 0.18719 12/30/2022 12/30/2022 Final
    Overseas Fund Series F 0.18443 0.00000 0.18443 12/30/2022 12/30/2022 Final

    Source: CIBC Mellon and Baillie Gifford & Co.

    Index Disclaimer

    Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

    Important Information

    The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Baillie Gifford does not currently have any funds that offer securities under a simplified prospectus for general offer or sale within Canada. No securities regulatory authority in Canada has reviewed or in any way passed upon this website or the merits of any investment available, and any representation to the contrary is an offence.

    Persons resident or domiciled in Canada should consult with their professional advisers as to whether they require any governmental or other consents in order to enable them to trade.

    You can read details of our Legal and Important Information here.

    Trade Matching Statement
    This Trade-Matching Statement is being provided in accordance with National Instrument 24-101 -"Institutional Trade Matching and Settlement" and Companion Policy 24-101 CP (the "National
    Instrument"). It applies to all trades that are subject to the National Instrument. View the whole statement.