Overview
The Managed Fund aims to achieve capital growth over rolling five-year periods.
The manager believes an appropriate comparison for this Fund is the Investment Association Mixed Investment 40 – 85% Shares sector median given the investment policy of the Fund and the approach taken by the manager when investing.
Some things are timeless. For over 30 years we have developed a time-honoured approach that rises above passing trends.
Performance & Portfolio
Periodic Performance
All figures to 30/04/2023 6 Months
1 Year
3 Years
5 Years
Class B-Acc 8.0% -2.7% 3.1% 5.1%
Annual Discrete Performance to 31 March each year
Annual percentage return (Updated Quarterly) 31/03/2018
31/03/201931/03/2019
31/03/202031/03/2020
31/03/202131/03/2021
31/03/202231/03/2022
31/03/2023Class B-Acc 8.4% 0.2% 46.4% -8.2% -8.5% Sector Median*** 4.5% -7.8% 26.3% 5.4% -4.3% 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 you invested.
Sector data based on B-Acc share class performance.
Performance source: FE, Revolution, total return in sterling.
*IA Mixed Investment 40-85% Shares Sector.Figures for 3 and 5 years show the annual rate of return.
Performance - 30/04/2023The value of your investment may go down as well as up, and you may not get back the amount you invested.
Sector data based on B-Acc share class performance.
Source: FE and relevant underlying index provider(s), single pricing basis, total return.
Please bear in mind that past performance is not a guide to future performance.
The graph is rebased to 100.Top Ten Equity Holdings - 30/04/2023
Fund % 1 The Trade Desk 1.7% 2 Shopify 1.6% 3 Prosus 1.2% 4 Moderna 1.1% 5 Amazon.com 1.1% 6 Tesla Inc 1.1% 7 NVIDIA 1.1% 8 AstraZeneca 1.0% 9 TSMC 1.0% 10 Diageo 0.9% Total 11.8% GEOGRAPHIC ANALYSIS OF TOTAL ASSETS - 30/04/2023Fund %
- 1 UK 20.15
- 2 Europe (ex UK) 19.18
- 3 North America 18.36
- 4 Overseas Bonds 17.95
- 5 Developed Asia Pacific 11.31
- 6 Emerging Markets 9.59
- 7 UK Bonds 1.65
- 8 Cash & Derivatives 1.80
- Total 100.00
As 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.Insights
View all Insights.Meet the Managers
Iain McCombie
Iain is the co-lead Manager on our flagship Managed Fund, where he has been involved since 2000. He is the lead Manager of our UK Core Strategy and became a Partner of the firm in 2005. Since joining Baillie Gifford in 1994, Iain has also spent time in the US Equities Team. His knowledge and experience as a stock picker is a valuable input into our Global Stewardship equity Strategy. Iain graduated MA in Accountancy from the University of Aberdeen and subsequently qualified as a Chartered Accountant.
Steven Hay
Steven joined Baillie Gifford in 2004 and is Head of the Income Research Team. Prior to joining Baillie Gifford, Steven was a Fixed Income Investment Manager with Scottish Widows. His experience includes seven years undertaking analysis and research for the Bank of England’s Monetary Policy Committee, and involvement in managing the UK’s foreign exchange reserves. Steven graduated BAcc (Hons) in Economics and Accountancy from the University of Glasgow in 1992 and MSc in Economics from the University of Warwick in 1993.
Documents
You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available).
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.
Bulletins and Factsheets
Enhanced Disclosure Document
Key Investor Information Documents
Other Fund Literature
Philosophy and Process Documents
Quarterly Investor Reports
Value Assessment
Sustainability-related Disclosures
Shareholders Rights Directive
Complaints
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: InstitutionalComplaints@bailliegifford.com. 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.
