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 stated objective is in no way guaranteed.
The Global Alpha Growth Fund aims to outperform (after deduction of costs) the MSCI ACWI Index, as stated in Sterling, by at least 2% 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. In addition, the manager believes an appropriate performance comparison for this Fund is the Investment Association Global Sector.
Meet the ManagersCharles Plowden
Since the inception of Global Alpha in 2005, Mr. Plowden has been one of the three portfolio managers for the strategy. After becoming a Partner in 1988, he became Joint Senior Partner with overall responsibility for the investment departments in 2006. Mr. Plowden is also Chair of the Strategic Leadership Group. He joined Baillie Gifford in 1983 and was a portfolio manager in the UK Equity Team for over 20 years notably developing Baillie Gifford’s specialist UK capabilities, and was latterly head of the team. Charles graduated BA in Modern History from the University of Oxford in 1983.
Mr. Plowden is expected to retire from the Manager and cease to serve as Portfolio Manager for the Fund effective on or about April 30, 2021.Malcolm MacColl
Malcolm is an Investment Manager in the Global Alpha Team, having been involved with Global Alpha since the product’s inception in 2005. He became a Partner of the firm in 2011. Malcolm joined Baillie Gifford in 1999 and has spent time working in the UK Small Cap and North American Teams. He is a member of the UK Society of Investment Professionals. Malcolm graduated MA in Economics and History in 1998 and MLitt in Economics, Politics and Management in 1999, both from the University of St Andrews.Spencer Adair
Spencer joined Baillie Gifford in 2000 and is an Investment Manager in the Global Alpha Team. He became a Partner in 2013 and has also spent time working in the Fixed Income, Japanese, European and UK Equity Teams. Spencer graduated BSc in Medicine from the University of St Andrews in 1997, followed by two years of clinical training in Edinburgh.
Actual investors help shape the new world.
Not shore up the old one.
Launch Date 8 March 2010 Benchmark MSCI ACWI Index + 2% The Investment Association Sector Global XD Date 31 July and 31 January Distribution 30 September and 31 March Pricing Valuation point 10am daily, swinging single price Active Share 85%** The Adviser Centre Recommended Fund* Download Square Mile Recommended Fund* Download Morningstar Analyst Rating Download
Our Global Alpha investment managers draw on the broad capabilities of our 100 research analysts and insights of the Baillie Gifford investment teams.
Investment Choice and Charges
Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge B Inc GB00B3PPZ729 B3PPZ72 £1,000 no minimum 0.59% 0% B Acc GB00B61DJ021 B61DJ02 £1,000 no minimum 0.59% 0%
* Annual figures as at 31/01/2020
The ongoing charges figure is estimated due to a reduction in the annual management fee. The ongoing charges figure may vary from year to year and will exclude the costs of buying or selling assets for the Fund (unless these assets are shares of another fund).
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.