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Baillie Gifford

Capital at risk

UK OEIC

Global Alpha Paris-Aligned Fund

Share class

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Overview

Fund objective

The Global Alpha Paris-Aligned Fund aims to outperform (after deduction of costs) the MSCI ACWI Index, as stated in sterling, over rolling five-year periods, and aims to have a carbon footprint that is lower than that of the MSCI ACWI EU Paris Aligned Requirements Index.

The manager believes this is an appropriate target given the investment policy of the Fund and the approach taken by the manager when investing. In addition, the manager believes an appropriate performance comparison for this Fund is the Investment Association Global Sector.

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.

Investment proposition

The Fund invests in an actively managed portfolio of stocks from around the world with the intention of delivering significantly higher total returns than the MSCI ACWI Index. The fund's three dedicated investment managers draw on a combination of their own investment ideas and those of our various investment teams to produce a portfolio that typically holds 70-120 stocks. The Fund applies a four-stage screening process to negotiate the pathway to net zero. This includes both quantitative and qualitative screens. The Fund applies revenue based screens relating to companies involved in the exploration, mining, extraction and distribution of fossil fuels and those involved in high greenhouse gas-emitting electricity generation. A stock that fails any of these screens is excluded. Note that total revenue limits apply. For more information, please refer to the prospectus. Secondly, we apply a qualitative assessment framework to the remaining companies that assesses each company's transition role and its emissions reduction goals and performance. This can result in further exclusions and limits to position size. The third stage involves managing the strategy in order to align the portfolio with the goal of net zero GHG emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 °C (“net zero”). Portfolio companies accounting for 90 per cent of 'Climate Material' holdings by weight will demonstrate robust strategic alignment with appropriate 1.5 °C/net zero pathways by 2030. All portfolio companies will be aligned by 2040. The last stage is our ongoing active management of the portfolio to ensure it delivers on its guideline of maintaining a carbon footprint that is lower than that of the EU Paris Aligned benchmark.

Strategy behind the fund

Global Alpha Paris Aligned
Climate-conscious investing in exceptional growth companies worldwide, using investment floor insights to find diverse opportunities.

The capabilities behind this strategy

Core growth
Global equities

Share price and charges

Share class

B, Acc

Price

113.90p

% change

-0.78%

Yield

0.1%

Ex-dividend (XD)

N

Ongoing charges*

0.59%

Initial charge

0.0%

Minimum investment

£100,000

Minimum top up

£1,000

Key documents

Monthly factsheetQuarterly reportProspectusAnnual reportInterim reportValue Assessment

Our OEIC prices are generated on a daily basis by Baillie Gifford & Co. All OEICs operate on a forward dealing basis.

The yield shown above is a historic yield which reflects distributions declared over the past twelve months as a percentage of the mid-market price, as at the date shown. Where a share class has been in issue for less than a full financial year a forecast yield has been provided. The yield does not include any preliminary charge and investors may be subject to tax on distributions.

* The Ongoing Charge Figure (OCF) may vary from year to year and will exclude the costs of buying and selling assets for the Fund. The OCF is at the latest annual or interim period. 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. Where the share class has been launched during the financial period and / or expenses during the period are not representative, an estimate of expenses may have been used instead. 

This limit does not apply to those investing via a platform for which the relevant limit set by the platform will apply.

Key documents

Monthly factsheetQuarterly reportProspectusAnnual reportInterim reportValue Assessment

Sustainability label

Sustainable investment labels help investors find products that have a specific sustainability goal. This product does not have a UK sustainable investment label. This product promotes environmental and/or social characteristics but does not meet the requirements to adopt a label. More details can be found in the product’s SDR Sustainability-related Disclosure Document found within the documents section of the website.

Fund facts

As at: 30 April 2026

Fund launch date

15 April 2021

Fund size

£249.92m

The Investment Association sector

Global

Comparative Index

MSCI ACWI Index

Active share

79%**

Annual turnover

32%

Guideline number of holdings

70-120

Current number of holdings

83

Style

Active Growth

XD Date

Last day of July and January each year

Distribution

Last day of September and March each year

Pricing

Valuation point 10am daily, swinging single price

Fund settlement cycle

Trade date plus two business days (T+2)

**Relative to MSCI ACWI Index. Source: Baillie Gifford & Co, MSCI.

 

Meet the managers

Risk Warnings

Risk Introduction

Investment markets can go down as well as up and market conditions can change rapidly. The value of an investment in the Fund, and any income from it, can fall as well as rise and investors may not get back the amount invested. The specific risks associated with the Fund include:

Custody

Custody of assets, particularly in emerging markets, involves a risk of loss if a custodian becomes insolvent or breaches duties of care.

Emerging Markets

The Fund invests in emerging markets where difficulties in trading could arise, resulting in a negative impact on the value of your investment.

Foreign Currency

The Fund has exposure to foreign currencies and changes in the rates of exchange will cause the value of any investment, and income from it, to fall as well as rise and you may not get back the amount invested.

Volatility

The Fund's share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.

Environmental, Social and Governance

The Fund employs carbon screens which means it cannot invest in certain companies. The universe of available investments will be more limited than other funds that do not apply such criteria/ exclusions, therefore the Fund may have different returns than a fund which has no such restrictions.

Further Information

Further details of the risks associated with investing in the Fund can be found in the Key Investor Information Document or the Prospectus, copies of which are available at bailliegifford.com.

Index disclaimer

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Important information

Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients and is authorised and regulated by the UK Financial Conduct Authority. Baillie Gifford Overseas Limited is not licensed under the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and does not carry insurance pursuant to the Advice Law.

Baillie Gifford Overseas Limited markets and distributes Baillie Gifford’s range of collective investment schemes to Qualified Clients and Qualified Investors in Israel, as listed in the First Addendum to the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and in the First Addendum to the Israel Securities Law, 5728-1968 (the “Securities Law”). Detailed disclosure of the collective investment schemes can be found within this website and in the relevant scheme prospectus.

Baillie Gifford Overseas Limited does not provide investment advice. If you are in any doubt about whether an investment is suitable, you should seek independent advice.

No action has been or will be taken in Israel that would permit a public offering or distribution of the Funds mentioned in this website to the public in Israel. This website and the Funds mentioned herein have not been approved by the Israeli Securities Authority (the “ISA”). In addition, the Funds mentioned in this website are not regulated under the provisions of Israel’s Joint Investment Trusts law, 5754-1994 (the “Joint Investment Trusts Law”). This website and the Funds mentioned herein will only be distributed to Israeli residents in reliance on an exemption from any advice or marketing restrictions [in a manner that will not constitute “an offer to the public” under sections 15 and 15a of]/[in reliance on an exemption from the prospectus requirements under] the Israel Securities Law, 5728-1968 (the “Securities Law”) or the Joint Investment Trusts Law, and any guidelines, pronouncements or rulings issued from time to time by the ISA as applicable.

Contact us

Still have a question?  Please get in touch with us.

View our contact information

Fund performance

Periodic performance

As at: 30 April 2026

1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
Class B-Acc
10.3%
-1.1%
-6.4%
19.5%
10.5%
1.6%
Index*
7.0%
4.7%
4.4%
29.3%
17.2%
11.6%
Sector Average**
6.7%
2.8%
2.7%
23.3%
12.2%
7.4%
Sector Ranking
64/588
503/585
532/580
363/571
314/500
401/439

Figures for 3 years and Since Inception are shown as the annualised rate of return. This is the average yearly return over the specified period.

 

Annual discrete performance

As at: 31 March 2026

31/03/2021 –
31/03/2022
31/03/2022 –
31/03/2023
31/03/2023 –
31/03/2024
31/03/2024 –
31/03/2025
31/03/2025 –
31/03/2026
Class B-Acc
n/a
-8.4%
17.6%
-1.8%
5.6%
Index*
n/a
-0.9%
21.2%
5.3%
18.0%
Sector Average**
n/a
-2.7%
16.7%
-0.3%
13.4%

Past performance is not a guide to future returns. The value of your investment may go down as well as up, and you may not get back the amount you invested.

Source: FE, Revolution, MSCI. Total return net of charges, in sterling.

Share class returns calculated using 10am prices, while the Index is calculated close-to-close.

Share class inception date 15 April 2021

*MSCI ACWI Index.

**IA Global Sector.

Important information

Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients and is authorised and regulated by the UK Financial Conduct Authority. Baillie Gifford Overseas Limited is not licensed under the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and does not carry insurance pursuant to the Advice Law.

Baillie Gifford Overseas Limited markets and distributes Baillie Gifford’s range of collective investment schemes to Qualified Clients and Qualified Investors in Israel, as listed in the First Addendum to the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and in the First Addendum to the Israel Securities Law, 5728-1968 (the “Securities Law”). Detailed disclosure of the collective investment schemes can be found within this website and in the relevant scheme prospectus.

Baillie Gifford Overseas Limited does not provide investment advice. If you are in any doubt about whether an investment is suitable, you should seek independent advice.

No action has been or will be taken in Israel that would permit a public offering or distribution of the Funds mentioned in this website to the public in Israel. This website and the Funds mentioned herein have not been approved by the Israeli Securities Authority (the “ISA”). In addition, the Funds mentioned in this website are not regulated under the provisions of Israel’s Joint Investment Trusts law, 5754-1994 (the “Joint Investment Trusts Law”). This website and the Funds mentioned herein will only be distributed to Israeli residents in reliance on an exemption from any advice or marketing restrictions [in a manner that will not constitute “an offer to the public” under sections 15 and 15a of]/[in reliance on an exemption from the prospectus requirements under] the Israel Securities Law, 5728-1968 (the “Securities Law”) or the Joint Investment Trusts Law, and any guidelines, pronouncements or rulings issued from time to time by the ISA as applicable.

Contact us

Still have a question?  Please get in touch with us.

View our contact information

Fund portfolio holdings

The list of top 10 holdings that this fund invests in.

As at: 30 April 2026

#Holding% of total assets
1NVIDIA5.9%
2TSMC5.6%
3Alphabet4.2%
4Amazon.com3.8%
5Microsoft3.4%
6Meta Platforms2.8%
7Samsung Electronics2.4%
8CATL2.3%
9Tencent2.3%
10Royalty Pharma2.3%
Full portfolio spreadsheet

Sector

As at: 30 April 2026

#
Sector
Fund %
Index % *
Difference %
1
Information Technology
28.2
28.7
-0.5
2
Financials
14.7
16.4
-1.7
3
Consumer Discretionary
14.5
9.3
5.2
4
Communication Services
11.8
8.8
3.0
5
Industrials
11.1
11.3
-0.2
6
Health Care
9.7
8.1
1.6
7
Materials
4.1
3.8
0.3
8
Consumer Staples
3.7
5.1
-1.4
9
Real Estate
1.6
1.7
-0.2
10
Cash
0.7
0.0
0.7
Total
100.0
93.1

Top 10 geographical locations

As at: 30 April 2026

#
Top 10 locations
Fund %
Index % *
Difference %
1
United States
59.1
63.4
-4.3
2
Taiwan
6.1
2.9
3.2
3
China
6.1
2.7
3.4
4
Japan
5.0
5.0
0.0
5
Brazil
3.6
0.6
3.0
6
South Korea
2.4
2.2
0.2
7
Canada
2.4
3.1
-0.7
8
Sweden
2.1
0.8
1.3
9
Ireland
2.0
0.1
1.9
10
UK
1.7
3.2
-1.5
Total
90.7
84.0

Region

As at: 30 April 2026

#
Region
Fund %
Index % *
Difference %
1
North America
61.5
66.5
-5.0
2
Emerging Markets
20.8
11.8
9.1
3
Europe (ex UK)
9.4
11.2
-1.8
4
Developed Asia Pacific
5.8
7.3
-1.5
5
UK
1.7
3.2
-1.5
6
Cash
0.7
0.0
0.7
Total
100.0
100.0

As well as cash in the bank, this balance includes unsettled cash flows arising from both shareholder flows and outstanding trades. Therefore, a negative balance may arise from timing differences between shareholder flows and security trading, and does not necessarily represent a bank overdraft.

The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. Source Baillie Gifford & Co.

Totals may not add due to rounding.

*MSCI ACWI Index.

Quarterly transactions

Transactions for the three-month period ending 31 March 2026

New purchases

  • Chugai Pharmaceutical
  • Credicorp
  • Dino Polska
  • Freeport-Mcmoran Copper
  • Midea Group 'A'
  • Philip Morris
  • Poste Italiane SPA
  • SEB Bank
  • Tencent
  • United Overseas Bank

Complete sales

  • AJ Gallagher & Co
  • ASM International NV
  • Block Inc
  • Coupang
  • Epam Systems Inc
  • Floor & Decor Holdings
  • FTAI Aviation
  • Li Auto 'H'
  • PDD Holdings Inc
  • Prosus N.V.
  • Rakuten
  • S&P Global Inc
  • Salesforce.com
  • The Trade Desk
  • Walt Disney

Additions

  • Adyen NV
  • B3 S.A.
  • Brunswick Corp
  • Cosmos Pharmaceutical
  • Samsara
  • Samsung Electronics
  • Shopify 'A'

Reductions

  • Amazon.com
  • Elevance Health Inc
  • Microsoft

Important information

Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients and is authorised and regulated by the UK Financial Conduct Authority. Baillie Gifford Overseas Limited is not licensed under the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and does not carry insurance pursuant to the Advice Law.

Baillie Gifford Overseas Limited markets and distributes Baillie Gifford’s range of collective investment schemes to Qualified Clients and Qualified Investors in Israel, as listed in the First Addendum to the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and in the First Addendum to the Israel Securities Law, 5728-1968 (the “Securities Law”). Detailed disclosure of the collective investment schemes can be found within this website and in the relevant scheme prospectus.

Baillie Gifford Overseas Limited does not provide investment advice. If you are in any doubt about whether an investment is suitable, you should seek independent advice.

No action has been or will be taken in Israel that would permit a public offering or distribution of the Funds mentioned in this website to the public in Israel. This website and the Funds mentioned herein have not been approved by the Israeli Securities Authority (the “ISA”). In addition, the Funds mentioned in this website are not regulated under the provisions of Israel’s Joint Investment Trusts law, 5754-1994 (the “Joint Investment Trusts Law”). This website and the Funds mentioned herein will only be distributed to Israeli residents in reliance on an exemption from any advice or marketing restrictions [in a manner that will not constitute “an offer to the public” under sections 15 and 15a of]/[in reliance on an exemption from the prospectus requirements under] the Israel Securities Law, 5728-1968 (the “Securities Law”) or the Joint Investment Trusts Law, and any guidelines, pronouncements or rulings issued from time to time by the ISA as applicable.

Contact us

Still have a question?  Please get in touch with us.

View our contact information

Insights

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  1. The big squeeze: bottlenecks as advantage

    When demand outstrips supply, companies that sit astride the pinch point can gain an enduring edge.
    May 2026
    Podcast35 minutes
  2. Network server with blue interconnected cables and illustrated lines expanding from it.

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    April 2026
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  3. Global Alpha Q1 investor letter

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    April 2026
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  4. Global Alpha Q1 update

    Investment manager Malcolm MacColl reflects on recent performance, portfolio changes and market developments.
    April 2026
    Video6 minutes
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    February 2026
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  11. What’s your flavour of choice?

    Three investment managers debate growth strategies from tech disruption to steady compounders
    December 2025
    Video75 minutes

  12. Global Alpha Research Agenda 2025

    From AI to emerging consumers, we focus on the growth areas and companies capitalising on opportunities.
    November 2025
    ArticleLong read

  13. Global Alpha insights: our reliable growth engine

    Not flashy, just dependable. Why compounders remain the engine of durable long-term returns.
    November 2025
    Article3 minutes

  14. Amazon: Stock Story

    Jon Henry gives three key reasons why tech giant Amazon remains a special investment.
    November 2025
    Video4 minutes

  15. Adyen: Stock Story

    Beatrice Faleri explores Adyen, the one-platform engine for unified commerce.
    November 2025
    Video4 minutes

  16. TSMC: Stock Story

    Qian Zhang unwraps TSMC, the company powering modern life.
    November 2025
    Video3 minutes

  17. Global Alpha insights: the grid for growth

    AI’s massive electricity needs create compelling investment opportunities.
    October 2025
    Article3 minutes

  18. Global Alpha Q3 update

    Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.
    October 2025
    Video6 minutes

  19. Global Alpha Q3 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    October 2025
    Article

  20. Global Alpha insights: the future of finance

    Coinbase is reshaping finance by uniting digital assets, stablecoins and trust.
    September 2025
    Article3 minutes

  21. Salesforce: putting AI agents to work

    Agentforce’s promise of handling customer service 24/7, faster and at a lower cost.
    September 2025
    Article

  22. Global Alpha insights: onsemi

    How the chip maker reinvented itself from ugly duckling to industry leader.
    August 2025
    Article3 minutes

  23. Global Alpha Q2 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    July 2025
    Article12 minutes

  24. Global Alpha Q2 update

    Investment manager Helen Xiong reflects on recent performance, portfolio changes and market developments.
    July 2025
    Video6 minutes

  25. Uncommon understanding

    Global Alpha’s investment managers reveal how they spot what others don’t see.
    June 2025
    Article10 minutes

  26. Global Alpha: an enduring focus in a changing world

    Explore 20 years of Global Alpha in our anthology of articles covering the past, present and future.
    June 2025
    External linkLong read

  27. Global Alpha insights: infrastructure

    Why companies like Martin Marietta are set to benefit from increased spending on infrastructure.
    May 2025
    Article4 minutes

  28. Global Alpha: introducing Michael Taylor

    Investment manager Michael Taylor joins Global Alpha as a decision-maker. We explore his background, strengths, and vision for the portfolio’s future opportunities.
    May 2025
    Video8 minutes

  29. Global Alpha insights: turbulent times

    How can we participate in long-term progress without it being undone by every policy turn?
    April 2025
    Article5 minutes

  30. Alnylam: Stock Story

    Richie Vernon explores the revolutionary drugs transforming patient lives.
    April 2025
    Video3 minutes

  31. Global Alpha Q1 update

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Video9 minutes

  32. Global Alpha Q1 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Article12 minutes

  33. Global Alpha insights: a time to trade?

    Explore how we're evolving the portfolio as the investment environment enters a period of rapid change.
    March 2025
    Article5 minutes

  34. Cloudflare: Stock Story

    Ben James highlights how one cybersecurity approach is redefining digital infrastructure.
    March 2025
    Video4 minutes

  35. Nexans: Stock Story

    Lucy Haddow examines the sub-sea cable manufacturer crucial for the offshore wind and energy transition.
    March 2025
    Video3 minutes

  36. Atlas Copco: Stock Story

    Ben Drury explores how a culture of innovation and decentralisation drives success in industrial technology.
    March 2025
    Video3 minutes

  37. Moutai: Stock Story

    Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.
    March 2025
    Video3 minutes
  38. Illustration of delivery cyclist with oversized leg muscles and passport stamps on his clothes

    DoorDash: delivering the goods

    How DoorDash’s ambitions extend far beyond restaurant deliveries.
    March 2025
    Article7 minutes

  39. Global Alpha Insights: investing in resilience beyond political cycles

    Why the Global Alpha Team believes elections don't impact stock market returns.
    January 2025
    Article3 minutes

  40. Global Alpha Q4 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    January 2025
    Article11 minutes
  41. A shepherd dog popping his head up from a sheep flock. Disguise, uniqueness and/or lost in the crowd concept

    Global Alpha insights: Rakuten and the 'Dog Shogun'

    Richie Vernon, investment specialist, explains why the Global Alpha Team has a different perspective on Rakuten's future market growth.
    October 2024
    Article4 minutes

  42. Why growth investors can’t ignore China

    China’s electric car, battery and other advanced manufacturers are on the rise.
    October 2024
    Podcast26 minutes

  43. Global Alpha insights: unlocking the magic of Disney

    Why the Global Alpha Team believes there is a magical journey ahead for Disney.
    September 2024
    Article4 minutes
  44. Investment specialist Ben James

    Our best ideas in the US

    Ben James explains why DoorDash, The Trade Desk and CoStar stand out as growth stocks in the US.
    September 2024
    Video3 minutes

  45. Eric Beinhocker: evolutionary economist

    How successful companies harness the power of adaptation.
    September 2024
    Article7 minutes
  46. Illustrated flat lay, with a large Moutai bottle taking centre stage, larger than the other things around it. Other things include ice cream, old style jars and different types of Moutai bottles.

    Kweichow Moutai: spirit of China

    The fiery spirit that’s a profitable symbol of Chinese culture and luxury.
    September 2024
    Article7 minutes
  47. Illustration of semiconductors making up a DNA strand with products floating in background.

    Beyond NVIDIA: investing in semiconductors

    Why some of the leading computer chip makers and companies enabling them have room to grow.
    September 2024
    Article6 minutes

  48. China: the new shoots of growth

    Why advanced manufacturing and social context are key to investing in tomorrow’s Chinese giants.
    September 2024
    Article5 minutes

  49. The US building bonanza

    America’s infrastructure upgrade plan vastly exceeds its spending on rebuilding post-war Europe.
    March 2024
    Article4 minutes

  50. Global Alpha Research Agenda

    From AI to infrastructure – Global Alpha homes in on the growth areas and companies best placed to exploit opportunities.
    March 2024
    Article8 minutes

  51. Global Alpha: back to growth

    The managers tell a London Investment Forum about new sources of opportunity and optimism.
    March 2024
    Article6 minutes

  52. How Microsoft got its mojo back

    By shifting the focus from Windows and embracing AI, the firm has revitalised its fortunes.
    November 2023
    Article

  53. Global Alpha: manager update

    The managers discuss the market environment, portfolio positioning and current opportunities.
    October 2023
    Video60 minutes

  54. Global Alpha

    Investment manager, Helen Xiong, discusses Global Alpha.
    October 2023
    Video3 minutes

  55. Global Alpha Research Agenda 2023

    How can we invest in quality companies with the potential to generate sustainable returns in a changing market?
    January 2023
    Article

Important information

Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients and is authorised and regulated by the UK Financial Conduct Authority. Baillie Gifford Overseas Limited is not licensed under the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and does not carry insurance pursuant to the Advice Law.

Baillie Gifford Overseas Limited markets and distributes Baillie Gifford’s range of collective investment schemes to Qualified Clients and Qualified Investors in Israel, as listed in the First Addendum to the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and in the First Addendum to the Israel Securities Law, 5728-1968 (the “Securities Law”). Detailed disclosure of the collective investment schemes can be found within this website and in the relevant scheme prospectus.

Baillie Gifford Overseas Limited does not provide investment advice. If you are in any doubt about whether an investment is suitable, you should seek independent advice.

No action has been or will be taken in Israel that would permit a public offering or distribution of the Funds mentioned in this website to the public in Israel. This website and the Funds mentioned herein have not been approved by the Israeli Securities Authority (the “ISA”). In addition, the Funds mentioned in this website are not regulated under the provisions of Israel’s Joint Investment Trusts law, 5754-1994 (the “Joint Investment Trusts Law”). This website and the Funds mentioned herein will only be distributed to Israeli residents in reliance on an exemption from any advice or marketing restrictions [in a manner that will not constitute “an offer to the public” under sections 15 and 15a of]/[in reliance on an exemption from the prospectus requirements under] the Israel Securities Law, 5728-1968 (the “Securities Law”) or the Joint Investment Trusts Law, and any guidelines, pronouncements or rulings issued from time to time by the ISA as applicable.

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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.

Contact us

Still have a question?  Please get in touch with us.

View our contact information

Important information

Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients and is authorised and regulated by the UK Financial Conduct Authority. Baillie Gifford Overseas Limited is not licensed under the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and does not carry insurance pursuant to the Advice Law.

Baillie Gifford Overseas Limited markets and distributes Baillie Gifford’s range of collective investment schemes to Qualified Clients and Qualified Investors in Israel, as listed in the First Addendum to the Regulation of Investment Advising, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Advice Law”) and in the First Addendum to the Israel Securities Law, 5728-1968 (the “Securities Law”). Detailed disclosure of the collective investment schemes can be found within this website and in the relevant scheme prospectus.

Baillie Gifford Overseas Limited does not provide investment advice. If you are in any doubt about whether an investment is suitable, you should seek independent advice.

No action has been or will be taken in Israel that would permit a public offering or distribution of the Funds mentioned in this website to the public in Israel. This website and the Funds mentioned herein have not been approved by the Israeli Securities Authority (the “ISA”). In addition, the Funds mentioned in this website are not regulated under the provisions of Israel’s Joint Investment Trusts law, 5754-1994 (the “Joint Investment Trusts Law”). This website and the Funds mentioned herein will only be distributed to Israeli residents in reliance on an exemption from any advice or marketing restrictions [in a manner that will not constitute “an offer to the public” under sections 15 and 15a of]/[in reliance on an exemption from the prospectus requirements under] the Israel Securities Law, 5728-1968 (the “Securities Law”) or the Joint Investment Trusts Law, and any guidelines, pronouncements or rulings issued from time to time by the ISA as applicable.