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.
Global Discovery aims to outperform (after deduction of costs) the S&P Global Small Cap 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.
Meet the ManagersDouglas Brodie - Manager
Douglas joined Baillie Gifford in 2001 and is Head of the Global Discovery Team. Douglas became a Partner in 2015 and is a CFA Charterholder. He graduated BSc in Molecular Biology & Biochemistry from the University of Durham in 1997 and attained a DPhil in Molecular Immunology from the University of Oxford in 2001.Svetlana Viteva - Deputy Manager
Svetlana joined Baillie Gifford in 2012 and is an Investment Manager in the Global Discovery Team. She is a CFA Charterholder. Svetlana is also a Deputy Manager of our global small cap investment trust, Edinburgh Worldwide Investment Trust. She graduated BA in Economics and BA in Business Administration from the American University in Bulgaria in 2008, MSc in Investment Analysis in 2009 and PhD in Accounting and Finance in 2012, both from the University of Stirling.Luke Ward - Deputy Manager
Luke joined Baillie Gifford in 2012 and is an Investment Manager in the Global Discovery Team. He is a Deputy Manager of our Global small cap investment trust, Edinburgh Worldwide Investment Trust. Luke graduated MEng (Hons) in Mechanical Engineering from the University of Edinburgh in 2012.
Actual investors think in decades.
Launch Date 01 May 2011 Benchmark S&P Global Small Cap Index + 2% The Investment Association Sector Global 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 99%** FundCalibre Rated Fund Morningstar Analyst Rating Download
Small is fleet footed. We invest in immature companies because they are more nimble when it comes to exploiting change.
Investment Choice and Charges
Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge B Inc GB0006059223 0605922 £1,000 no minimum 0.79% 0% B Acc GB0006059330 0605933 £1,000 no minimum 0.78% 0%
* Interim figures as at 31/10/2019
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.