Proposed Merger of Baillie Gifford Sustainable Growth Fund with Baillie Gifford Global Alpha Paris-Aligned Fund
The merger of Baillie Gifford Sustainable Growth Fund with Baillie Gifford Global Alpha Paris-Aligned Fund was completed on 22 May 2026.
The resolution for the proposed merger of Baillie Gifford Sustainable Growth Fund with Baillie Gifford Global Alpha Paris-Aligned Fund was approved at the extraordinary general meeting of the Shareholders of Baillie Gifford Sustainable Growth Fund on 24 April 2026. Further details can be found in the results of the shareholder meeting.
Details of the proposed merger, together with details regarding the action shareholders should take and the implications for shareholders, can be found in the letter to shareholders. If you have any questions concerning the proposed merger, please contact us on 0800 917 2113 between 9 a.m. and 5 p.m. Monday to Friday or your usual Baillie Gifford contact. Your call may be recorded for training or monitoring purposes. Please note that whilst we will be happy to take your calls and answer general queries, we are not able to provide you with financial advice. If you require financial advice, we recommend that you speak with a financial adviser. Find out more on the Baillie Gifford Global Alpha Paris-Aligned Fund.
Overview
Fund objective
The Sustainable Growth Fund aims to outperform (after deduction of costs) the MSCI ACWI Index, as stated in sterling, over rolling five-year periods.
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
Share price and charges
Share class
B, AccPrice
785.30p% change
0.22%Yield
0.3%Ex-dividend (XD)
NOngoing charges*
0.53%Initial charge
0%Minimum investment
£100,000Minimum top up
£1,000Sustainability label
Sustainable investment labels help investors find products that have a specific sustainability goal. The product invests mainly in assets that focus on sustainability for people or the planet. More details can be found in the product’s SDR Sustainability-related Disclosure Document found within the documents section of the website.
Fund facts
Fund launch date
7 December 2015
Fund size
£240.99m
The Investment Association sector
Global
Comparative Index
MSCI ACWI Index
Active share
90%**
Annual turnover
16%
Guideline number of holdings
55-80
Current number of holdings
55
Style
Growth
XD Date
30 June
Distribution
31 August
Pricing
Valuation point 10am daily, swinging single price
Fund settlement cycle
Trade date plus two business days (T+2)
**Relative to MSCI AC World 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 invests according to responsible investment criteria and with reference to the ten principles of the United Nations Global Compact for business. This means the Fund will not invest in certain sectors and companies and, therefore, the universe of available investments will be more limited than other funds that do not apply such criteria/ exclusions. The Fund therefore 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
Important information
Your location indicates you are based in Jersey and you have confirmed that you are an intermediary. The information in the website is not intended for retail investors. Please select “Change” at the top of the page if this is not suitable for you.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.
Fund performance
Periodic performance
As at: 30 April 2026
1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | |
|---|---|---|---|---|---|---|
Class B-Acc | 6.8% | -2.6% | -3.4% | 9.4% | 6.5% | -4.2% |
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 | 294/588 | 538/585 | 474/580 | 478/571 | 408/500 | 432/439 |
Figures for 3 and 5 years 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 | -13.1% | -17.6% | 12.5% | -3.1% | 1.7% |
Index* | 12.9% | -0.9% | 21.2% | 5.3% | 18.0% |
Sector Average** | 8.4% | -2.7% | 16.7% | -0.3% | 13.4% |
Important information
Your location indicates you are based in Jersey and you have confirmed that you are an intermediary. The information in the website is not intended for retail investors. Please select “Change” at the top of the page if this is not suitable for you.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.
Fund portfolio holdings
The list of top 10 holdings that this fund invests in.
As at: 30 April 2026
| # | Holding | % of total assets |
|---|---|---|
| 1 | Alphabet | 6.9% |
| 2 | TSMC | 6.7% |
| 3 | Microsoft | 5.0% |
| 4 | Illumina | 3.4% |
| 5 | Texas Instruments | 3.1% |
| 6 | MercadoLibre | 2.8% |
| 7 | Prudential | 2.8% |
| 8 | Edwards Lifesciences | 2.7% |
| 9 | New York Times Co | 2.6% |
| 10 | Mastercard | 2.6% |
Sector
As at: 30 April 2026
# | Sector | Fund % | Index % * | Difference % |
|---|---|---|---|---|
| 1 | Information Technology | 24.6 | 28.7 | -4.1 |
| 2 | Industrials | 22.9 | 11.3 | 11.7 |
| 3 | Financials | 14.3 | 16.4 | -2.2 |
| 4 | Health Care | 12.9 | 8.1 | 4.9 |
| 5 | Communication Services | 12.0 | 8.8 | 3.2 |
| 6 | Consumer Discretionary | 6.7 | 9.3 | -2.6 |
| 7 | Consumer Staples | 3.3 | 5.1 | -1.7 |
| 8 | Materials | 1.6 | 3.8 | -2.2 |
| 9 | Real Estate | 0.9 | 1.7 | -0.9 |
| 10 | Cash | 0.8 | 0.0 | 0.8 |
Total | 100.0 | 93.1 |
Top 10 geographical locations
As at: 30 April 2026
# | Top 10 locations | Fund % | Index % * | Difference % |
|---|---|---|---|---|
| 1 | United States | 52.0 | 63.4 | -11.4 |
| 2 | UK | 8.3 | 3.2 | 5.0 |
| 3 | Taiwan | 6.7 | 2.9 | 3.7 |
| 4 | France | 4.7 | 2.2 | 2.5 |
| 5 | Japan | 4.3 | 5.0 | -0.7 |
| 6 | Brazil | 4.2 | 0.6 | 3.6 |
| 7 | Sweden | 4.0 | 0.8 | 3.2 |
| 8 | Denmark | 3.8 | 0.4 | 3.5 |
| 9 | Canada | 3.5 | 3.1 | 0.5 |
| 10 | Hong Kong | 1.9 | 0.4 | 1.4 |
Total | 93.4 | 82.0 |
Region
As at: 30 April 2026
# | Region | Fund % | Index % * | Difference % |
|---|---|---|---|---|
| 1 | North America | 55.6 | 66.5 | -10.9 |
| 2 | Europe (ex UK) | 15.9 | 11.2 | 4.7 |
| 3 | Emerging Markets | 13.4 | 11.8 | 1.6 |
| 4 | UK | 8.3 | 3.2 | 5.0 |
| 5 | Developed Asia Pacific | 6.2 | 7.3 | -1.1 |
| 6 | Cash | 0.8 | 0.0 | 0.8 |
Total | 100.0 | 100.0 |
Quarterly transactions
Transactions for the three-month period ending 31 March 2026
New purchases
- AptarGroup
Complete sales
- Epiroc B
- Sartorius Stedim Biotech
- Workday Inc
Additions
- bioMérieux
- Experian
- Intuit
- Kinaxis
Reductions
- DSV
- Moderna Inc
- UnitedHealth
- YETI Holdings
Important information
Your location indicates you are based in Jersey and you have confirmed that you are an intermediary. The information in the website is not intended for retail investors. Please select “Change” at the top of the page if this is not suitable for you.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.
Insights
Key articles, videos and podcasts relating to the fund:
Filters
Insights
Important information
Your location indicates you are based in Jersey and you have confirmed that you are an intermediary. The information in the website is not intended for retail investors. Please select “Change” at the top of the page if this is not suitable for you.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.
Documents
You can access any literature about the Fund here.
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.
Important information
Your location indicates you are based in Jersey and you have confirmed that you are an intermediary. The information in the website is not intended for retail investors. Please select “Change” at the top of the page if this is not suitable for you.
This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.