1. Managed Fund

  2. 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 30/06/2024

    6 Months

    1 Year

    3 Years

    5 Years

    Class B-Acc 4.7%9.4%-4.9%4.9%

    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 to 30 June each year

    Annual percentage return (Updated Quarterly)

    30/06/2019
    30/06/2020

    30/06/2020
    30/06/2021

    30/06/2021
    30/06/2022

    30/06/2022
    30/06/2023

    30/06/2023
    30/06/2024

    Class B-Acc 16.1%26.9%-28.3%9.7%9.4%
    Sector Median*** -0.0%17.2%-6.4%3.0%11.9%

    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.
    Source: FE, Revolution. Total return net of charges, in sterling.
    Share class returns calculated using 10am prices, while the Index is calculated close-to-close.
    *IA Mixed Investment 40-85% Shares Sector.

    Top Ten Equity Holdings - 30/06/2024

    Fund %
    1 Amazon.com 1.7%
    2 NVIDIA 1.7%
    3 The Trade Desk 1.6%
    4 TSMC 1.6%
    5 ASML 1.4%
    6 Meta Platforms 1.1%
    7 Netflix 1.0%
    8 AstraZeneca 1.0%
    9 Prosus 1.0%
    10 Hypoport 1.0%
    Total 13.3%
    GEOGRAPHIC ANALYSIS OF TOTAL ASSETS - 30/06/2024

    Fund %

    • 1 Europe (ex UK) 19.92
    • 2 UK 19.68
    • 3 North America 19.63
    • 4 Overseas Bonds 15.03
    • 5 Developed Asia Pacific 11.52
    • 6 Emerging Markets 9.76
    • 7 UK Bonds 4.84
    • 8 Cash & Derivatives -0.38
    • 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.

    Meet the Managers

    Iain McCombie

    Iain is the head of our UK Equity Team and lead manager of the UK Core Strategy. He is also the joint manager on our flagship Managed Strategy, which he has been involved in since 2000, and became a partner of the firm in 2005. Since joining Baillie Gifford in 1994, Iain has spent time on the US Equities Team. Iain graduated with a 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.

    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.