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 Worldwide Long Term Global Growth Fund aims to provide strong returns over the long term by investing primarily in a concentrated, unconstrained global equity portfolio.
Meet the ManagersJames Anderson
James graduated BA in History from Oxford University and after postgraduate study in Italy and Canada he gained an MA in International Affairs in 1982. He is a Trustee of the Johns Hopkins University. He joined Baillie Gifford in 1983 and became a Partner in 1987. He headed our European Equity Team until 2003 when he co-founded our Long Term Global Growth strategy. He has Chaired the EAFE Alpha Portfolio Group since its inception in 2003, has been the Manager and then Joint Manager of Scottish Mortgage Investment Trust since 2000, and is a co-manager of the International Concentrated Growth strategy. He has also served as a member of the Advisory Board of the government sponsored Kay Review and as Chair of the subsequent industry working group that set up the UK Investor Forum. James is a member of the Firm’s Strategic Leadership Group.Mark Urquhart
Mark graduated BA in Philosophy, Politics and Economics from Oxford University in 1992. He spent a year at Harvard as a Kennedy Scholar in 1993 before completing a PhD in Politics at the University of Edinburgh in 1996. Mark joined Baillie Gifford in 1996 and was an Investment Manager in the Japanese Equities Team, until he co-founded the Long Term Global Growth strategy in 2003. Mark became a Partner in 2004.Tom 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.John MacDougall
John joined Baillie Gifford in 2000 after graduating MA in Ancient and Modern History from Oxford University. After a year in the North American department John joined the Japanese team where, from 2007 onwards, he managed the Shin Nippon Investment Trust which invests in high growth, small and medium sized companies. In 2011, John moved to the Global Discovery team which focuses on identifying rapidly growing, innovation led, smaller businesses from around the world. During this period he had a particular focus on unearthing new investment opportunities in Emerging Markets, and Asia in particular. In late 2015 John joined the Long Term Global Growth Team. John became a Partner in the firm in 2016.
Fund FactsAll figures to 30/06/2019
Style Long-term, bottom-up focus on stocks with very high growth rates Launch Date 10 August 2016 Size €152.3m Stocks (guideline range) 30-60 Current Number of Stocks 32 Benchmark Unconstrained Annual Turnover 11% Asia Asset Management - Best of the Best Awards - Global Equities** European Funds Trophy 2019 - Best European Asset Management Company (26 to 40 rated funds category)
Actual Investors see people’s aspirations.
Not assets under management.
Investment Choice and Charges
Share Class ISIN SEDOL Ongoing Charges* Initial Charge Currency NAV Per Share % Change A-Acc USD IE00BD1DSB51 BD1DSB5 1.60% 0% USD 10.16 -0.58% B-Acc EUR IE00BYX4R502 BYX4R50 0.72% 0% EUR 16.59 -0.17% B-Acc USD IE00BYQG5606 BYQG560 0.72% 0% USD 16.68 -0.58% C-Acc JPY IE00BD5GZ312 BD5GZ31 0.10% 0% JPY 1045.05 -0.23% F-Acc USD IE00BF2B2T85 BF2B2T8 0.41% 0% USD 13.17 -0.58% F-Acc GBP IE00BG4PVW16 BG4PVW1 0.41% 0% GBP 11.41 -0.40%
Class B shares are for standard direct investment. Multiple currency and currency hedged share classes may also be available.
A share class (Retrocession share class at 1.5% management fee) and C share class (management fee agreed directly with the investment manager) are also available on most funds.
Class F shares are only available under the terms set out in the relevant section of the Prospectus. Please speak to your sales contact for further details.
* Annual figures as at 30/09/18
A further explanation of all the charges and costs relating to this Fund can be found in the Disclosure of Fund Charges and Costs document on the Daily Prices table.
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