1. Overview

    The Worldwide European High Yield Bond Fund aims to produce a combination of income and capital growth. The Fund will invest predominantly in sub-investment grade bonds and will be actively managed. Bonds are primarily of European currency, hedged to the client’s base currency.

    Performance & Portfolio

    Data is not currently available for this share class.

    Top Ten Holdings - 30/06/2021

    Fund %
    1 Virgin Media Holdings Inc. 3.1%
    2 SPCM 2.6%
    3 Unicredit 2.6%
    4 Marks and Spencer Group 2.4%
    5 OCI 2.4%
    6 Burford Capital 2.3%
    7 Dometic Group AB (publ) 2.3%
    8 CPI Property Group S.A. 2.2%
    9 LeasePlan Corporation N.V. 2.2%
    10 Coop Wholesale Society 2.1%
    Total 24.3%
    Geographic Analysis of Total Assets 30/06/2021

    Fund %

    • 1 Europe 48.93
    • 2 United Kingdom 25.52
    • 3 North America 15.31
    • 4 Emerging Markets 8.27
    • 5 Cash, Futures and Forwards 1.96
    • Total 100.0

    As the Fund invests in overseas securities, changes in the rates of exchange may cause the value of your investment (and any income it may pay) to go down or up.
    The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. All holdings information is unaudited. Source Baillie Gifford & Co.
    Please note that totals may not add due to rounding.

    Managers

    Robert Baltzer

    Robert joined Baillie Gifford in 2001 and is Head of the High Yield Team, and co-manager of the European High Yield and Global Credit strategies. He is a CFA Charterholder and graduated MMath from the University of Durham in 2001.

    Lucy Isles

    Lucy joined Baillie Gifford in 2012 and is co-manager of the High Yield Bond Fund. Lucy graduated MA (Hons) in International Relations and Modern History from the University of St Andrews in 2011.

    Documents

    You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available). Please note that, due to current government restrictions, we have a limited number of staff in our office. As a result, if posting instructions to us, there may be a delay in processing these due to these current restrictions.

    To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.