1. Objective

    The International Fund aims to produce attractive returns, mainly through capital growth, over the long term. To invest mainly in shares of companies worldwide excluding the UK. 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.

    The 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.
  2. Meet the Managers

  3. Actual investors look to the future.

    Not the past.
    Find out more
  4. Key Information

    Launch Date 1 July 1980
    Comparative Index MSCI World ex UK Index
    The Investment Association Sector Global
    XD Date Last day of January and July each year
    Distribution Last day of March and September each year
    Pricing Valuation point 10am daily, swinging single price
    Active Share 89%**
    Rayner Spencer Mills Research Rated Fund* Rayner Spencer Mills Rated Fund
    Morningstar Analyst Rating Morningstar Analyst Rating - Bronze Download

    Please bear in mind that past performance is not a guide to future performance.

     

    The value of your investment may go down as well as up, and you may not get back the amount invested.

     

    © 2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. More detailed information about Morningstar's Analyst Rating, including its methodology, can be found here. For disclosure and detailed information about this fund please refer to the full Morningstar Global Fund Report that can be accessed from the table above.

     

    *This rating is designed for use by professional advisers and intermediaries as part of their advice process. This rating is not a recommendation to buy. If you need further information or are in doubt then you should consult a professional adviser.

    **Relative to MSCI AC World ex UK Index. Source: Baillie Gifford & Co, MSCI.

  5. quote-icon
    Stocks are picked on the basis of fundamental attractions, irrespective of location. Industry and regional exposure are a derivative of the stock selection process. We focus on companies that we believe can deliver above average growth.
  6. Investment Choice and Charges

    Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge
    B Inc GB0005940316 0594031 £1,000 no minimum 0.60% 0%
    B Acc GB0005941272 0594127 £1,000 no minimum 0.60% 0%

    * Interim figures as at 31/07/2018

    The ongoing charges figure is estimated due to a reduction in the annual management fee. The ongoing charges figure may vary from year to year and will exclude the costs of buying or selling assets for the Fund (unless these assets are shares of another fund).

    A 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.