WORLDWIDE EUROPEAN HIGH YIELD BOND FUNDWORLDWIDE EUROPEAN HIGH YIELD BOND FUND
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 & PortfolioSelect currencyCumulative Performance 31/01/2021
Rebased to 100 at the start date of this chart.
B Acc EUR share class launched on 19 February 2019.Unfortunately we were unable to load the chart. Please try again later.
Top Ten Holdings - 31/01/2021
Fund % 1 Netflix 3.2% 2 Telecom Italia 3.0% 3 Virgin Media Holdings Inc. 2.9% 4 SPCM 2.7% 5 Unicredit 2.7% 6 OCI 2.4% 7 B&M European Value Retail S.A. 2.4% 8 Marks and Spencer Group 2.4% 9 Dometic Group AB (publ) 2.3% 10 CPI Property Group S.A. 2.2% Total 26.2% Fund % 1 Netflix 3.2% 2 Telecom Italia 3.0% 3 Virgin Media Holdings Inc. 2.9% 4 SPCM 2.7% 5 Unicredit 2.7% 6 OCI 2.4% 7 B&M European Value Retail S.A. 2.4% 8 Marks and Spencer Group 2.4% 9 Dometic Group AB (publ) 2.3% 10 CPI Property Group S.A. 2.2% Total 26.2%Geographic Analysis of Total Assets 31/01/2021As 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.Unfortunately we were unable to load the chart. Please try again later.
Innovation: Why it’s Crucial for Sustainability.
Lee Qian, Investment Manager in Baillie Gifford’s Positive Change Strategy, tells us why we should harness innovation and economic growth to create a more prosperous, sustainable and inclusive world.November 2020
This webinar, moderated by Mark Urquhart, head of our Long Term Global Growth Team, includes an update from the STOPCOVID team based at Edinburgh University. STOPCOVID is a global initiative to harness and progress medical science across sectors to improve treatments and end the pandemic. We hear from Kev Dhaliwal, Professor of Molecular Imaging and Healthcare Technology and Honorary Consultant in Respiratory Medicine.November 2020
The S in ESG.
The complexity of assessing societal impact shouldn’t deter investors from looking at a company from every angle, argues Marianne Harper Gow.September 2020
Actual Income - Enviva.
It’s not always easy to discern how green a company actually is. A detailed governance and sustainability review helps determine what the issues are, and whether they impact on the investment case. Wood pellet producer Enviva is a case in point.September 2020
Scale as a Service.
Companies become more efficient as they grow. In the past, that involved big capital outlays and was bad news for challengers. However, as Gary Robinson explains, entrepreneurs can now rent the essential tools from cloud platforms, enabling them to compete more easily.September 2020
Asking the right questions.
Integrating ESG into company research requires rigour, nuance and a long-term perspective says Marianne Harper Gow.July 2020
Actual Income - Expectation Management.
Client focus on governance and sustainability (or G&S) factors has never been greater and is only accelerating with time – and rightly so. We believe our early decision to integrate G&S into our investment process has enhanced our ability to source dependable income streams, precisely because we take a broad and complete view of what makes companies succeed over the long term.July 2020
Actual Income - Darling Ingredients.
What does the White House’s china crockery have in common with Mercedes car seats, animal feed and biodiesel? The answer is both simple and incredibly complex – and probably not one for a dinner party chat. They are all products made possible by the bloody-minded genius of Texas-based Darling Ingredients, whose ability to turn unwanted remains into a diverse array of useful products is unsurpassed.May 2020
Actual Income - CO-OP.
Appearances can be deceptive. Not least in the credit markets, where companies tainted by problems can end up producing attractive buying opportunities as they start to return to health. Co-op is just one example.April 2020
How to Invest in Equities and Stay Sane.
The best investment advice doesn’t grow old. When former Baillie Gifford Partner Edward Hocknell wrote ‘How to Invest in Equities and Stay Sane’ back in 2012, ‘global pandemic’ was just one on a list of scenarios for business continuity managers and civil servants to plan for.
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 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.
How to Invest
You can invest in a range of our funds via a number of fund platforms and supermarkets. Certain share classes are available for investment via a number of platforms. Please see the links opposite.
Baillie Gifford does not sponsor, maintain or have any control over the content of any other websites.
Therefore, we are not responsible for the adequacy or accuracy of any of the information you may view, nor do we undertake to ensure successful transmission to any linked website.
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.
Key Investor Information Documents
MIFID II Ex-Ante Disclosures
Quarterly Investor Updates
BAILLIE GIFFORD INVESTMENT MANAGEMENT (EUROPE) LIMITED: REGISTERED OFFICE
Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (No. C182354). Registered office: 4/5 School House Lane East, Dublin 2, D02 N279. Registered in Ireland (No. 625892).COMPLAINTS CONTACT DETAILS
In the first instance, clients should contact their normal Client Contact with any concerns. Alternatively, or for those clients who do not have a direct client contact assigned, complaints can be emailed to Baillie Gifford’s Compliance Department at: [email protected]. A summary document which contains details on Baillie Gifford’s complaints management policy is available upon request. All material complaints are recorded in an in-house incident management system and are escalated to, and dealt with by, members of staff of suitable seniority, independent of the area from which the matter arose.