1. Objective

    The Multi Asset Income Fund aims to produce monthly income, whilst seeking to maintain the value of that income and of capital in line with inflation (UK CPI) over five-year periods. The Fund has no benchmark. However, you may wish to assess performance of both income and capital against inflation (UK CPI) over five-year periods.

    The 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.
  2. quote-icon
    Long-term income, not short-term yield.
  3. Meet the Managers

    James Dow
    James Dow

    James was appointed Co-Head of the Global Income Growth Team and Co-Manager of The Scottish American Investment Company PLC (SAINTS) in 2017. He joined Baillie Gifford in 2004 on the Graduate Scheme and became an Investment Manager in our US Equities team. Previously, James spent three years working at The Scotsman newspaper, where he was the Economics Editor. He is a CFA Charterholder, graduated MA (Hons) in Economics-Philosophy from the University of St Andrews in 2000 and MSc in Development Studies from the London School of Economics in 2001.

    Steven Hay
    Steven Hay

    Steven joined Baillie Gifford in 2004 and is Head of the Income Research Team. Prior to joining Baillie Gifford, Steven was a Fixed Income Investment Manager with Scottish Widows. His experience includes seven years undertaking analysis and research for the Bank of England’s Monetary Policy Committee, and involvement in managing the UK’s foreign exchange reserves. Steven graduated BAcc (Hons) in Economics and Accountancy from the University of Glasgow in 1992 and MSc in Economics from the University of Warwick in 1993.

    Felix Amoako, investment manager, Multi Asset Growth Fund
    Felix Amoako

    Felix joined Baillie Gifford in 2011 and is an Investment Manager in the Multi Asset Team. He is a CFA Charterholder. Felix graduated BComm in Accounting from University of Cape Coast, Ghana in 2008 and MSc in Investment Analysis from the University of Stirling in 2010.

    Nicoleta Dumitru

    Nicoleta joined Baillie Gifford in 2013 and is an Investment Manager in the Multi Asset Team. In 2018, she joined the Multi Asset Income Portfolio Construction Group (PCG). Nicoleta graduated BSc (Hons) in Management and Marketing from the University of Manchester in 2013.  

  4. Key Information

    Launch Date 31 August 2018
    The Investment Association Sector Flexible Investment
    XD Date Last day of each month
    Distribution Second last business day of each month
    Pricing Valuation point 10am daily, swinging single price
    Dynamic Planner Risk Profile Dynamic Planner Profiled - 5 Download
    Defaqto Risk Rating Download

    Please bear in mind that past performance is not a guide to future performance.

    The value of your investment may go down as well as up, and you may not get back the amount invested.

  5. Actual investors think in decades.

    Not quarters.
    Find out more
  6. Investment Choice and Charges

    Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge
    B Inc GB00BFXY2857 BFXY285 £1,000 no minimum 0.60% 0%
    B Acc GB00BFXY2964 BFXY296 £1,000 no minimum 0.60% 0%

    * Estimated figures as at 30/06/2019

    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.