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 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 Chaired the International Growth Portfolio Group from its inception in 2003 until July 2019 and remains co-manager of Vanguard International Growth. In 2003, James also co-founded our Long Term Global Growth Strategy. Prior to this, he headed our European Equity Team. James has 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. He joined Baillie Gifford in 1983 and became a Partner in 1987. James graduated BA in History from the University of Oxford 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.Mark Urquhart
Mark is a Senior Investment Manager in our Long Term Global Growth Team, a strategy which he co-founded in 2003. Mark joined Baillie Gifford in 1996, initially working as an Investment Analyst and Manager in the US, UK and Japanese Equities Teams. He became a Partner in 2004. Mark graduated BA in Philosophy, Politics and Economics from the University of Oxford in 1992 and spent a year at Harvard as a Kennedy Scholar in 1993 before completing a PhD in Politics at the University of Edinburgh in 1996.Tom Slater
Tom is Head of the US Equities Team and is a Decision Maker on Long Term Global Growth Portfolios. He joined Baillie Gifford in 2000 and became a Partner of the firm in 2012. After serving as Deputy Manager for five years, Tom was appointed Joint Manager of Scottish Mortgage Investment Trust in 2015. During his time at Baillie Gifford he has also worked in the Developed Asia and UK Equity Teams. Tom’s investment interest is focused on high growth companies both in listed equity markets and as an investor in private companies. He graduated BSc in Computer Science with Mathematics from the University of Edinburgh in 2000.
Fund FactsAll figures to 30/04/2020
Style Long-term, bottom-up focus on stocks with very high growth rates Launch Date 10 August 2016 Size €380.5m Stocks (guideline range) 30-60 Current Number of Stocks 32 Benchmark MSCI ACWI 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 EUR IE00BK5TW727 BK5TW72 1.60% 0% EUR 15.04 1.49% A-Acc USD IE00BD1DSB51 BD1DSB5 1.60% 0% USD 14.75 2.14% B-Acc EUR IE00BYX4R502 BYX4R50 0.72% 0% EUR 24.35 1.49% B-Acc USD IE00BYQG5606 BYQG560 0.72% 0% USD 24.36 2.14% B-Inc USD IE00BJ7VXX24 BJ7VXX2 0.72% 0% USD 13.23 2.14% C-Acc JPY IE00BD5GZ312 BD5GZ31 0.10% 0% JPY 1526.82 2.15% F-Acc USD IE00BF2B2T85 BF2B2T8 0.41% 0% USD 19.27 2.14% F-Acc GBP IE00BG4PVW16 BG4PVW1 0.41% 0% GBP 16.83 1.13%
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 30/09/19
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.