Baillie Gifford European Class B Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 28/02/20 to 28/02/21 |
28/02/21 to 28/02/22 |
28/02/22 to 28/02/23 |
28/02/23 to 28/02/24 |
28/02/24 to 28/02/25 |
|
|---|---|---|---|---|---|
| Fund | 52.5% | -16.3% | -5.7% | 3.3% | 1.5% |
| Sector | 17.6% | 5.1% | 10.1% | 8.5% | 7.3% |
| Rank | 1/119 | 121/122 | 126/128 | 104/129 | 113/130 |
| Quartile | 1 | 4 | 4 | 4 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 28/02/25 |
5 Years to 28/02/25 |
10 Years to 28/02/25 |
||
| Fund | -0.4% | 4.8% | 7.9% | |
| Sector | 8.6% | 9.6% | 8.0% | |
| Rank | 126/128 | 112/119 | 55/95 | |
| Quartile | 4 | 4 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| DSV AS | 5.52 |
| TOPICUS.COM INC | 5.51 |
| RYANAIR HOLDINGS PUBLIC LIMITED COMPANY | 5.12 |
| SCHIBSTED ASA | 4.56 |
| SPOTIFY TECHNOLOGY S A | 4.50 |
| PROSUS N.V. | 4.18 |
| ASML HOLDING N.V. | 3.88 |
| HYPOPORT SE | 3.42 |
| EQT AB | 3.23 |
| NOVO NORDISK A/S | 3.20 |
| Total | 43.13 |
Fund Aims
The fund aims to outperform (after deduction of costs) the MSCI Europe ex UK Index, as stated in sterling, by at least 1.5% per annum over rolling five-year periods.
Fund Manager
Chris joined Baillie Gifford in 2012 and is an Investment Manager in the Europe Team. He graduated BA (Hons) in Music from the University of Oxford in 2009 and went on to gain an MMus in Music Performance from the Royal Welsh School of Music and Drama in 2010 and an MSc in Music, Mind and Brain from Goldsmiths College in 2011.
tbc
Stephen is Head of the European Equity Team and a member of the Pan European Portfolio Construction Group. He joined Baillie Gifford in 2005 and spent time in the US, UK Smaller Companies and Japanese Equities Teams. Stephen graduated BSc (Hons) in Financial Mathematics in 2005.
Fund Overview
| Mid (10/03/2025) | 2825.00p |
| Historic yield | 0.29% |
| Fund size (31/01/2025) | £283.10m |
| Number of holdings | 37 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.59% |
| Launch date | 06/01/2000 |
Asset Allocation
| International Equities | 98.05% | |
| Cash and Equivalents | 1.95% |
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 98.05% | |
| Cash and Equivalents | 1.95% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 24.22% | - | - | - | |
| Technology | - | 24.22% | - | - | |
| Software & Computer Services | - | - | 17.42% | - | |
| Consumer Digital Services | - | - | - | 11.90% | |
| Software | - | - | - | 5.51% | |
| Technology Hardware & Equipment | - | - | 6.81% | - | |
| Production Technology Equipment | - | - | - | 4.82% | |
| Semiconductors | - | - | - | 1.98% | |
| Industrials | 23.30% | - | - | - | |
| Industrial Goods & Services | - | 17.79% | - | - | |
| Industrial Engineering | - | - | 6.20% | - | |
| Machinery: Construction & Handling | - | - | - | 4.54% | |
| Machinery: Specialty | - | - | - | 1.24% | |
| Machinery: Industrial | - | - | - | 0.42% | |
| Industrial Transportation | - | - | 5.52% | - | |
| Transportation Services | - | - | - | 5.52% | |
| Industrial Support Services | - | - | 3.10% | - | |
| Transaction Processing Services | - | - | - | 3.10% | |
| Electronic & Electrical Equipment | - | - | 2.96% | - | |
| Electrical Components | - | - | - | 2.96% | |
| Construction & Materials | - | 5.50% | - | - | |
| Construction & Materials | - | - | 5.50% | - | |
| Building Materials: Other | - | - | - | 4.37% | |
| Engineering & Contracting Services | - | - | - | 1.13% | |
| Consumer Discretionary | 20.52% | - | - | - | |
| Consumer Products & Services | - | 10.89% | - | - | |
| Personal Goods | - | - | 8.11% | - | |
| Clothing & Accessories | - | - | - | 5.11% | |
| Luxury Items | - | - | - | 3.00% | |
| Consumer Services | - | - | 2.78% | - | |
| Consumer Services: Misc. | - | - | - | 2.78% | |
| Travel & Leisure | - | 5.12% | - | - | |
| Travel & Leisure | - | - | 5.12% | - | |
| Airlines | - | - | - | 5.12% | |
| Media | - | 4.50% | - | - | |
| Media | - | - | 4.50% | - | |
| Radio & TV Broadcasters | - | - | - | 4.50% | |
| Financials | 13.15% | - | - | - | |
| Financial Services | - | 10.86% | - | - | |
| Investment Banking & Brokerage Services | - | - | 10.86% | - | |
| Diversified Financial Services | - | - | - | 6.94% | |
| Asset Managers & Custodians | - | - | - | 3.92% | |
| Banks | - | 2.29% | - | - | |
| Banks | - | - | 2.29% | - | |
| Banks | - | - | - | 2.29% | |
| Health Care | 10.39% | - | - | - | |
| Health Care | - | 10.39% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 8.10% | - | |
| Biotechnology | - | - | - | 4.89% | |
| Pharmaceuticals | - | - | - | 3.20% | |
| Medical Equipment & Services | - | - | 2.29% | - | |
| Medical Supplies | - | - | - | 2.29% | |
| Consumer Staples | 3.37% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 1.74% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.74% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.74% | |
| Food, Beverage & Tobacco | - | 1.63% | - | - | |
| Beverages | - | - | 1.63% | - | |
| Brewers | - | - | - | 1.63% | |
| Basic Materials | 3.10% | - | - | - | |
| Chemicals | - | 3.10% | - | - | |
| Chemicals | - | - | 3.10% | - | |
| Specialty Chemicals | - | - | - | 3.10% | |
| Cash and Equivalents | 1.95% | - | - | - | |
Regional Allocation
| Developed Europe - Excl UK | 90.79% | |
| North America | 5.51% | |
| Cash and Equivalents | 1.95% | |
| Emerging Europe | 1.74% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.07% | |
| Cash | 0.82% | |
| Euro | 0.11% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 90.79% | - | |
Netherlands
|
- | 17.59% | |
Sweden
|
- | 17.42% | |
Denmark
|
- | 11.05% | |
France
|
- | 10.16% | |
Ireland
|
- | 7.91% | |
Luxembourg
|
- | 7.28% | |
Switzerland
|
- | 5.62% | |
Italy
|
- | 5.36% | |
Norway
|
- | 4.98% | |
Germany
|
- | 3.42% | |
| North America | 5.51% | - | |
Canada
|
- | 5.51% | |
| Cash and Equivalents | 1.95% | - | |
| Emerging Europe | 1.74% | - | |
Poland
|
- | 1.74% | |
Breakdown By Market Cap (%)
| Mega |
|
30.99% |
| Large |
|
20.72% |
| Medium |
|
24.21% |
| Small |
|
1.13% |
| Micro |
|
0.69% |
| Non-Classified |
|
20.32% |
| Cash |
|
1.95% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | DSV AS | 5.52% | Industrial Transportation | Denmark |
| 2 | TOPICUS.COM INC | 5.51% | Software & Computer Services | Canada |
| 3 | RYANAIR HOLDINGS PUBLIC LIMITED COMPANY | 5.12% | Travel & Leisure | Ireland |
| 4 | SCHIBSTED ASA | 4.56% | Software & Computer Services | Norway |
| 5 | SPOTIFY TECHNOLOGY S A | 4.50% | Media | Luxembourg |
| 6 | PROSUS N.V. | 4.18% | Software & Computer Services | Netherlands |
| 7 | ASML HOLDING N.V. | 3.88% | Technology Hardware & Equipment | Netherlands |
| 8 | HYPOPORT SE | 3.42% | Investment Banking & Brokerage Services | Germany |
| 9 | EQT AB | 3.23% | Investment Banking & Brokerage Services | Sweden |
| 10 | NOVO NORDISK A/S | 3.20% | Pharmaceuticals & Biotechnology | Denmark |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 24.22% | - | - | - | - | - | - | 24.22% |
| Financials | - | 13.15% | - | - | - | - | - | - | 13.15% |
| Consumer Discretionary | - | 20.52% | - | - | - | - | - | - | 20.52% |
| Consumer Staples | - | 3.37% | - | - | - | - | - | - | 3.37% |
| Health Care | - | 10.39% | - | - | - | - | - | - | 10.39% |
| Industrials | - | 23.30% | - | - | - | - | - | - | 23.30% |
| Basic Materials | - | 3.10% | - | - | - | - | - | - | 3.10% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.95% | 1.95% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 0605825 |
| Mex Code | BGEBA |
| Isin Code | GB0006058258 |
| Citi Code | BG90 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.59% |
Aims and Benchmark
| Aims | The fund aims to outperform (after deduction of costs) the MSCI Europe ex UK Index, as stated in sterling, by at least 1.5% per annum over rolling five-year periods. |
| Benchmark | MSCI Europe ex UK Index + 1.5% |
| Benchmark Category | - |
| IA Sector | Europe Excluding UK |
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 | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 30 April | 30 June |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| 5.10% | - |
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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.