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BAILLIE GIFFORD GLOBAL BOND A - Manager

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Average monthly relative returns

Bestinvest MRI

07/08 08/09 09/10 10/11 11/12   3 years 5 years Career 3 years 5 years Career
-0.03% -0.04% -0.15%   -0.07% -0.07% 25.1% 0.0% 31.2%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Phil Annen


Manager. Annen graduated with an MSc in Physics from the University of Bern in 1997 and with an MSc in Financial Maths from Edinburgh University in 1998. He joined Baillie Gifford in 1999 and worked in the Risk Department before becoming a Fixed Income Investment Manager in 2002.

Track record


Phil Annen has 3.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.07%.
During the worst period of relative performance (from January 2009 - April 2012) there was a decline of 6% relative to the index. The worst absolute loss has been 16%.

Other funds managed

  Start Date
BAILLIE GIFFORD GLOBAL BOND A Dec 2008
Periods of worst performance
Absolute -16% (January 2009 - June 2009)
Relative -6% (January 2009 - April 2012)

Sector record since January 2009 (3 yrs)


Relative Performance in GLOBAL BONDS


Discrete Monthly Returns - 38% Up Months

About the MRI


Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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