1. Overview

    The Worldwide UK Equity Alpha Fund adopts a long-term, low turnover investment approach and aims to hold higher quality, growth companies which are principally listed in the UK and are capable of growing their profits and cashflows faster than the market average. We are able to invest in large, medium and small capitalisation companies, constructing a concentrated portfolio of our best ideas, which is highly differentiated from the benchmark, the FTSE All-Share Index.

    Performance & Portfolio

    Data is not currently available for this share class.

    Top Ten Holdings - 31/05/2022

    Fund %
    1 Games Workshop 5.3%
    2 HomeServe 4.9%
    3 Experian 4.4%
    4 4imprint 4.0%
    5 Auto Trader 4.0%
    6 Abcam 3.4%
    7 Burberry 3.4%
    8 Renishaw 3.2%
    9 Diageo 3.0%
    10 Softcat 2.9%
    Total 38.4%
    Sector Exposure 31/05/2022

    Fund %

    • 1 Software and Computer Services 14.73
    • 2 Industrial Support Services 9.46
    • 3 Pharmaceuticals and Biotechnology 9.41
    • 4 Retailers 8.20
    • 5 Investment Banking and Brokerage Services 7.86
    • 6 Non-life Insurance 6.10
    • 7 Leisure Goods 5.27
    • 8 Beverages 4.97
    • 9 Electronic and Electrical Equipment 4.13
    • 10 Media 4.01
    • 11 Industrial Engineering 4.00
    • 12 Travel and Leisure 4.00
    • 13 Personal Goods 3.39
    • 14 Industrial Metals and Mining 2.90
    • 15 Industrial Transportation 2.43
    • 16 Real Estate Investment and Services 2.28
    • 17 Life Insurance 2.06
    • 18 Others 3.66
    • 19 Cash 1.15
    • Total 100.0

    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

    Milena Mileva

    Milena joined Baillie Gifford in 2009 and is an Investment Manager in the UK Equity Team. She graduated BA in Social & Political Science from the University of Cambridge in 2007 and MPhil in Politics from the University of Oxford in 2009.

    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.

    Further Information

    BAILLIE GIFFORD INVESTMENT MANAGEMENT (EUROPE) LIMITED: REGISTERED OFFICE
    Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (No. C182354). Registered office: 4/5 School House Lane East, Dublin 2, D02 N279. Registered in Ireland (No. 625892).

    COMPLAINTS CONTACT DETAILS
    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.

    Risks

    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 involves a risk of loss if a custodian becomes insolvent or breaches duties of care.

    Single Country

    The Fund’s exposure to a single market may increase share price movements.

    Concentration

    The Fund’s concentrated portfolio relative to similar funds may result in large movements in the share price in the short term.

    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.

    Further details

    Further details of the risks associated with investing in the Fund can be found in the Key Investor Information Document (KIID), or the Prospectus. Copies of both the KIID and Prospectus are available at www.bailliegifford.com