Baillie Gifford Managed Class B Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
|
|---|---|---|---|---|---|
| Fund | 16.1% | 26.9% | -28.3% | 9.7% | 9.4% |
| Sector | -0.1% | 17.3% | -7.2% | 3.3% | 11.8% |
| Rank | 2/170 | 9/182 | 198/198 | 3/207 | 183/217 |
| Quartile | 1 | 1 | 4 | 1 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
||
| Fund | -4.9% | 4.9% | 7.8% | |
| Sector | 2.3% | 4.7% | 5.6% | |
| Rank | 198/198 | 89/170 | 11/106 | |
| Quartile | 4 | 3 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| NVIDIA CORPORATION | 1.78 |
| AMAZON.COM | 1.55 |
| TRADE DESK INC(THE) | 1.54 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.38 |
| US Treasury 2% 15/08/2025 | 1.32 |
| ASML HOLDING N.V. | 1.27 |
| UK T Bill 02/09/2024 | 1.12 |
| 3½% Treasury Gilt 2025 | 1.06 |
| KINGSPAN GROUP | 1.05 |
| META PLATFORMS | 1.04 |
| Total | 13.12 |
Fund Aims
The fund aims to achieve capital growth over rolling five-year periods.
Fund Manager
Steven is the co-lead Manager on our flagship Managed Fund. He has been involved in running the Fixed Income portion of the Fund since 2012. 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.
Iain is a founding member of the Global Stewardship Team and is the lead Iain is a founding member of the Global Stewardship Team and is the lead manager of our UK Core strategy. Most recently, Iain served as Chief of Investment Staff from 2013 to 2018 and became a Partner of the firm in 2005. He initially joined Baillie Gifford in 1994 and spent five years training as an Investment Manager in the US Equities Team before joining the UK Equity Team in 1999. Iain graduated MA in Accountancy from the University of Aberdeen and subsequently trained as a Chartered Accountant.
Fund Overview
| Mid (26/07/2024) | 1425.00p |
| Historic yield | 1.53% |
| Fund size (31/05/2024) | £5556.84m |
| Number of holdings | 483 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.44% |
| Launch date | 01/04/1987 |
Asset Allocation
| International Equities | 58.72% | |
| UK Equities | 20.14% | |
| International Bonds | 15.02% | |
| UK Corporate Bonds | 3.42% | |
| UK Gilts | 1.06% | |
| Cash and Equivalents | 0.60% | |
| Property | 0.21% | |
| Alternative Trading Strategies | -0.14% | |
| Other Assets | 0.97% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 58.72% | |
| UK Equities | 20.14% | |
| International Bonds | 15.02% | |
| UK Corporate Bonds | 3.42% | |
| UK Gilts | 1.06% | |
| Cash and Equivalents | 0.60% | |
| Property | 0.21% | |
| Alternative Trading Strategies | -0.14% | |
| Other Assets | 0.97% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 19.50% | - | - | - | |
| Technology | 17.15% | - | - | - | |
| Technology | - | 17.15% | - | - | |
| Software & Computer Services | - | - | 11.73% | - | |
| Consumer Digital Services | - | - | - | 8.43% | |
| Software | - | - | - | 2.29% | |
| Computer Services | - | - | - | 1.01% | |
| Technology Hardware & Equipment | - | - | 5.42% | - | |
| Semiconductors | - | - | - | 3.65% | |
| Production Technology Equipment | - | - | - | 1.46% | |
| Electronic Components | - | - | - | 0.31% | |
| Consumer Discretionary | 17.00% | - | - | - | |
| Consumer Products & Services | - | 6.35% | - | - | |
| Personal Goods | - | - | 2.54% | - | |
| Clothing & Accessories | - | - | - | 1.35% | |
| Luxury Items | - | - | - | 0.58% | |
| Cosmetics | - | - | - | 0.39% | |
| Footwear | - | - | - | 0.22% | |
| Consumer Services | - | - | 1.90% | - | |
| Consumer Services: Misc. | - | - | - | 1.18% | |
| Education Services | - | - | - | 0.71% | |
| Funeral Parlors & Cemetery | - | - | - | 0.01% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Leisure Goods | - | - | 1.34% | - | |
| Electronic Entertainment | - | - | - | 0.55% | |
| Recreational Products | - | - | - | 0.54% | |
| Toys | - | - | - | 0.25% | |
| Consumer Electronics | - | - | - | 0.01% | |
| Household Goods & Home Construction | - | - | 0.57% | - | |
| Home Construction | - | - | - | 0.57% | |
| Media | - | 4.20% | - | - | |
| Media | - | - | 4.20% | - | |
| Media Agencies | - | - | - | 2.04% | |
| Entertainment | - | - | - | 0.97% | |
| Publishing | - | - | - | 0.70% | |
| Radio & TV Broadcasters | - | - | - | 0.48% | |
| Retail | - | 3.16% | - | - | |
| Retailers | - | - | 3.16% | - | |
| Diversified Retailers | - | - | - | 1.64% | |
| Home Improvement Retailers | - | - | - | 0.62% | |
| Specialty Retailers | - | - | - | 0.61% | |
| Apparel Retailers | - | - | - | 0.29% | |
| Travel & Leisure | - | 2.00% | - | - | |
| Travel & Leisure | - | - | 2.00% | - | |
| Airlines | - | - | - | 1.14% | |
| Restaurants & Bars | - | - | - | 0.41% | |
| Casinos & Gambling | - | - | - | 0.25% | |
| Travel & Tourism | - | - | - | 0.20% | |
| Automobiles & Parts | - | 1.29% | - | - | |
| Automobiles & Parts | - | - | 1.29% | - | |
| Automobiles | - | - | - | 0.99% | |
| Auto Parts | - | - | - | 0.30% | |
| Industrials | 15.50% | - | - | - | |
| Industrial Goods & Services | - | 12.52% | - | - | |
| Industrial Engineering | - | - | 3.80% | - | |
| Machinery: Construction & Handling | - | - | - | 1.88% | |
| Machinery: Industrial | - | - | - | 1.22% | |
| Machinery: Tools | - | - | - | 0.38% | |
| Machinery: Specialty | - | - | - | 0.32% | |
| Industrial Support Services | - | - | 3.65% | - | |
| Transaction Processing Services | - | - | - | 1.37% | |
| Professional Business Support Services | - | - | - | 1.24% | |
| Business Training & Employment Agencies | - | - | - | 0.79% | |
| Industrial Suppliers | - | - | - | 0.24% | |
| Forms & Bulk Printing Services | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 2.20% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 1.15% | |
| Electrical Components | - | - | - | 0.93% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.12% | |
| Industrial Transportation | - | - | 1.11% | - | |
| Transportation Services | - | - | - | 0.56% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.55% | |
| General Industrials | - | - | 0.93% | - | |
| Diversified Industrials | - | - | - | 0.77% | |
| Paints & Coatings | - | - | - | 0.17% | |
| Aerospace & Defence | - | - | 0.81% | - | |
| Defense | - | - | - | 0.64% | |
| Aerospace | - | - | - | 0.17% | |
| Construction & Materials | - | 2.99% | - | - | |
| Construction & Materials | - | - | 2.99% | - | |
| Building Materials: Other | - | - | - | 2.25% | |
| Building: Climate Control | - | - | - | 0.51% | |
| Engineering & Contracting Services | - | - | - | 0.23% | |
| Financials | 12.12% | - | - | - | |
| Financial Services | - | 5.43% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.08% | - | |
| Asset Managers & Custodians | - | - | - | 1.80% | |
| Investment Services | - | - | - | 1.68% | |
| Diversified Financial Services | - | - | - | 1.60% | |
| Finance & Credit Services | - | - | 0.34% | - | |
| Consumer Lending | - | - | - | 0.33% | |
| Mortgage Finance | - | - | - | 0.01% | |
| Insurance | - | 4.03% | - | - | |
| Life Insurance | - | - | 2.51% | - | |
| Life Insurance | - | - | - | 2.51% | |
| Non-life Insurance | - | - | 1.51% | - | |
| Property & Casualty Insurance | - | - | - | 1.15% | |
| Full Line Insurance | - | - | - | 0.36% | |
| Banks | - | 2.66% | - | - | |
| Banks | - | - | 2.66% | - | |
| Banks | - | - | - | 2.66% | |
| Health Care | 7.31% | - | - | - | |
| Health Care | - | 7.31% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 4.85% | - | |
| Biotechnology | - | - | - | 2.73% | |
| Pharmaceuticals | - | - | - | 2.12% | |
| Medical Equipment & Services | - | - | 2.32% | - | |
| Medical Equipment | - | - | - | 1.59% | |
| Medical Supplies | - | - | - | 0.59% | |
| Medical Services | - | - | - | 0.14% | |
| Health Care Providers | - | - | 0.15% | - | |
| Health Care Services | - | - | - | 0.15% | |
| Consumer Staples | 3.97% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 2.29% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.29% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.09% | |
| Personal Products | - | - | - | 0.92% | |
| Drug Retailers | - | - | - | 0.28% | |
| Food, Beverage & Tobacco | - | 1.68% | - | - | |
| Beverages | - | - | 1.68% | - | |
| Distillers & Vintners | - | - | - | 1.00% | |
| Brewers | - | - | - | 0.37% | |
| Soft Drinks | - | - | - | 0.31% | |
| Basic Materials | 2.21% | - | - | - | |
| Basic Resources | - | 1.51% | - | - | |
| Industrial Metals & Mining | - | - | 1.51% | - | |
| General Mining | - | - | - | 1.12% | |
| Copper | - | - | - | 0.40% | |
| Nonferrous Metals | - | - | - | 0.00% | |
| Chemicals | - | 0.70% | - | - | |
| Chemicals | - | - | 0.70% | - | |
| Specialty Chemicals | - | - | - | 0.68% | |
| Chemicals: Diversified | - | - | - | 0.01% | |
| Fertilizers | - | - | - | 0.01% | |
| Telecommunications | 1.50% | - | - | - | |
| Telecommunications | - | 1.50% | - | - | |
| Telecommunications Equipment | - | - | 0.76% | - | |
| Telecommunications Equipment | - | - | - | 0.76% | |
| Telecommunications Service Providers | - | - | 0.75% | - | |
| Telecommunications Services | - | - | - | 0.54% | |
| Cable Television Services | - | - | - | 0.20% | |
| Real Estate | 1.33% | - | - | - | |
| Real Estate | - | 1.33% | - | - | |
| Real Estate Investment & Services | - | - | 1.04% | - | |
| Real Estate Services | - | - | - | 1.04% | |
| Real Estate Investment Trusts | - | - | 0.30% | - | |
| Diversified REITs | - | - | - | 0.21% | |
| Office REITs | - | - | - | 0.08% | |
| Non-Classified | 0.98% | - | - | - | |
| Energy | 0.97% | - | - | - | |
| Energy | - | 0.97% | - | - | |
| Non-Renewable Energy | - | - | 0.97% | - | |
| Integrated Oil & Gas | - | - | - | 0.45% | |
| Oil Refining and Marketing | - | - | - | 0.44% | |
| Oil: Crude Producers | - | - | - | 0.08% | |
| Cash and Equivalents | 0.60% | - | - | - | |
| Alternative Trading Strategies | -0.14% | - | - | - | |
| Alternative Trading Strategies | - | -0.14% | - | - | |
| Alternative Trading Strategies | - | - | -0.14% | - | |
| Alternative Trading Strategies | - | - | - | -0.14% | |
Regional Allocation
| North America | 26.54% | |
| UK | 24.62% | |
| Developed Europe - Excl UK | 24.59% | |
| Japan | 8.29% | |
| Emerging Asia | 6.69% | |
| South & Central America | 2.74% | |
| Developed Asia | 2.14% | |
| Australia & New Zealand | 1.54% | |
| Non-Classified | 1.39% | |
| Other Regions | 1.46% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 79.90% | |
| US Dollar | 8.35% | |
| Euro | 4.33% | |
| Pound Sterling | 4.10% | |
| Cash | 0.60% | |
| Brazilian Real | 0.49% | |
| Other Currencies | 2.24% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 26.54% | - | |
United States
|
- | 25.01% | |
Canada
|
- | 1.53% | |
| UK | 24.62% | - | |
United Kingdom
|
- | 24.62% | |
| Developed Europe - Excl UK | 24.59% | - | |
Netherlands
|
- | 4.67% | |
Sweden
|
- | 3.41% | |
France
|
- | 3.25% | |
Germany
|
- | 2.83% | |
Ireland
|
- | 2.50% | |
Luxembourg
|
- | 2.02% | |
Denmark
|
- | 1.57% | |
Italy
|
- | 1.17% | |
Norway
|
- | 1.13% | |
Switzerland
|
- | 1.08% | |
Spain
|
- | 0.96% | |
| Japan | 8.29% | - | |
Japan
|
- | 8.29% | |
| Emerging Asia | 6.69% | - | |
China
|
- | 2.05% | |
India
|
- | 1.58% | |
Taiwan
|
- | 1.38% | |
South Korea
|
- | 0.95% | |
Indonesia
|
- | 0.62% | |
Tajikistan
|
- | 0.12% | |
| South & Central America | 2.74% | - | |
Brazil
|
- | 1.18% | |
Mexico
|
- | 0.77% | |
Dominican Republic
|
- | 0.40% | |
Peru
|
- | 0.34% | |
Puerto Rico
|
- | 0.05% | |
| Developed Asia | 2.14% | - | |
Hong Kong
|
- | 1.26% | |
Singapore
|
- | 0.88% | |
| Australia & New Zealand | 1.54% | - | |
Australia
|
- | 1.36% | |
New Zealand
|
- | 0.18% | |
| Non-Classified | 1.39% | - | |
| Cash and Equivalents | 0.60% | - | |
| Middle East & Africa | 0.37% | - | |
Zambia
|
- | 0.19% | |
Israel
|
- | 0.11% | |
Qatar
|
- | 0.06% | |
Egypt
|
- | 0.01% | |
| Emerging Europe | 0.28% | - | |
Romania
|
- | 0.20% | |
Macedonia, The Former Yugoslav Republic Of
|
- | 0.08% | |
Russian Federation
|
- | 0.00% | |
| Property | 0.21% | - | |
Breakdown By Market Cap (%)
| Mega |
|
32.85% |
| Large |
|
19.37% |
| Medium |
|
17.39% |
| Small |
|
1.94% |
| Micro |
|
0.12% |
| Non-Classified |
|
8.23% |
| Bonds |
|
19.50% |
| Cash |
|
0.60% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
9.93% |
| 5Yr - 10Yr Maturity |
|
3.74% |
| 10Yr - 15Yr Maturity |
|
2.75% |
| > 15Yr Maturity |
|
3.07% |
| Cash And Equivalents |
|
0.60% |
| Unknown Maturity |
|
0.97% |
| Other Asset Types |
|
78.94% |
Fixed Interest Quality Profile
| AAA |
|
5.48% |
| AA |
|
1.64% |
| A |
|
1.14% |
| BBB |
|
2.93% |
| Sub-Investment Grade |
|
2.69% |
| Unknown Quality |
|
5.60% |
| Cash and Equivalents |
|
0.60% |
| Other Asset Types |
|
79.90% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | 1.78% | Technology Hardware & Equipment | United States |
| 2 | AMAZON.COM | 1.55% | Retailers | United States |
| 3 | TRADE DESK INC(THE) | 1.54% | Media | United States |
| 4 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.38% | Technology Hardware & Equipment | Taiwan |
| 5 | US Treasury 2% 15/08/2025 | 1.32% | Bonds | United States |
| 6 | ASML HOLDING N.V. | 1.27% | Technology Hardware & Equipment | Netherlands |
| 7 | UK T Bill 02/09/2024 | 1.12% | Bonds | United Kingdom |
| 8 | 3½% Treasury Gilt 2025 | 1.06% | Bonds | United Kingdom |
| 9 | KINGSPAN GROUP | 1.05% | Construction & Materials | Ireland |
| 10 | META PLATFORMS | 1.04% | Software & Computer Services | United States |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | 0601016 |
| Mex Code | BGMBA |
| Isin Code | GB0006010168 |
| Citi Code | BG79 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.44% |
Aims and Benchmark
| Aims | The fund aims to achieve capital growth over rolling five-year periods. |
| Benchmark | Investment Association Mixed Investment 40 – 85% Shares sector average |
| Benchmark Category | - |
| IA Sector | Mixed Investment 40-85% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 10:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 31 January | 31 March |
| 31 July | 30 September |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| 5.30% | - |
Fund Administration
| Fund Trustee/Depository | NatWest Trustee and Depositary Services Limited |
| Fund Administrator | Internal |
| Fund Registrar | Internal |
| Fund Custodian | Bank of New York Mellon Trust & Depositary Co. Ltd |
Group Details
| Group name | Baillie Gifford & Co |
| Group address | Calton Square 1 Greenside Row Edinburgh EH1 3AN |
| Group telephone | 0800 917 4752 |
| Dealing telephone | 0800 917 4750 |
| trustenquiries@bailliegifford.com | |
| Homepage | www.bailliegifford.com/intermediaries |
| Fax number | 0131 275 3955 |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £0 |
| Minimum Regular Saving | £50 |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | - |
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.