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BAILLIE GIFFORD BRITISH SMALLER COMPANIES 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
0.09% -0.48% 1.04% 0.71%   0.42% 0.31% 91.9% 0.0% 86.4%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Douglas Brodie


Manager. Brodie graduated with a BSc in Molecular Biology & Biochemistry from the University of Durham in 1997 and DPhil in Molecular Immunology from the University of Oxford in 2001. He joined Baillie Gifford in 2001 and is now an Investment Manager in the UK Investment Team.

Track record


Douglas Brodie has 4.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.31%.
During the worst period of relative performance (from November 2008 - April 2010) there was a decline of 21% relative to the index. The worst absolute loss has been 43%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 86%.

Other funds managed

  Start Date
BAILLIE GIFFORD BRITISH SMALLER COMPANIES A Nov 2007
BAILLIE GIFFORD GLOBAL DISCOVERY A May 2011
Periods of worst performance
Absolute -43% (November 2007 - February 2009)
Relative -21% (November 2008 - April 2010)

Sector record since November 2007 (4 yrs)


Relative Performance in UK SMALLER COMPANIES


Discrete Monthly Returns - 48% 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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