ObjectiveThe value of investments and any income from them may go down as well as up and you or your client may not get back the amount originally invested.
The Fund aims to outperform (after deduction of costs) the S&P 500 Index, as stated in Sterling, by at least 1.5% per annum over rolling five-year periods. There is no guarantee that this objective will be achieved over any time period and actual investment returns may differ from this objective, particularly over shorter time periods. The manager believes this is an appropriate benchmark given the investment policy of the Fund and the approach taken by the manager when investing.
Meet the ManagersTom Slater
Tom graduated BSc in Computer Science with Mathematics from the University of Edinburgh in 2000. He joined Baillie Gifford the same year and worked in the Developed Asia and UK Equity Teams before joining the Long Term Global Growth Team at the start of 2009. Tom became a Partner in the firm in 2012. Tom was appointed Joint Manager of Scottish Mortgage Investment Trust in January 2015 having served as Deputy Manager for the previous five years. In 2015 Tom was appointed Head of the US Equities Team and is a decision maker on Long Term Global Growth portfolios. Tom’s investment interest is focused on high growth companies both in listed equity markets and as an investor in private companies.Gary Robinson
Gary is an investment manager in the US Equities Team. He graduated MBiochem in Biochemistry from the University of Oxford in 2003 and joined Baillie Gifford the same year. He spent time working on our Japanese, UK and European Equity teams before moving to the US Equities Team in 2008. Gary is a generalist investor but retains a special interest in the healthcare sector dating back to his undergraduate degree. Gary is also a portfolio manager for our Global Stewardship strategy.Helen Xiong
Helen graduated BSc (Hons) in Economics from Warwick University in 2007 and an MPhil in Economics from the University of Cambridge the following year. She joined Baillie Gifford in 2008 and has spent time working on our Developed Asia, UK, North America, Emerging Markets, and Global equity teams prior to becoming an investment manager in the US Equities Team. Before coming to live and work in the UK, Helen has lived in China, South Africa, and Norway.Kirsty Gibson
Kirsty is an Investment Manager in the US Equities Team. She graduated MA (Hons) in Economics from the University of Edinburgh in 2011 and MSc in Carbon Management also from the University of Edinburgh in 2012, before joining Baillie Gifford in the same year. Kirsty began her career on the US Equities Team, before moving on to spend several years in small and large cap global equities departments, before returning to the US Equities Team. In addition to her role in the US Equities Team, Kirsty is also a decision maker on our Positive Change strategy and a member of the Portfolio Construction Group.
Actual investors imagine 'what if?'
Not 'what is'.
Launch Date 31 July 1997 Benchmark S&P 500 Index + 1.5% The Investment Association Sector North America XD Date Last day of April each year Distribution Last day of June each year Pricing Valuation point 10am daily, swinging single price Active Share 91%** Rayner Spencer Mills Research Rated Fund* Download
We will always look at investments in a global context, not through a North American lens.
Investment Choice and Charges
Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge B Inc GB0006061856 0606185 £1,000 no minimum 0.52% 0% B Acc GB0006061963 0606196 £1,000 no minimum 0.52% 0%
* Interim figures as at 31/10/2018
A further explanation of all the charges and costs relating to this Fund can be found in the Enhanced Disclosure of Fund Charges and Costs document.