fund

BAILLIE GIFFORD AMERICAN A

A concentrated large/midcap US fund looking for reasonably valued growth.

PRICE (INC)

-

PRICE (ACC)

981.8p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

1.5%

ONGOING CHARGE

1.51%

YIELD

0%

1 YEAR

-4.41%

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Prices as at 30 Nov 2023.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The sub-fund aims to outperform (after deduction of costs) the S&P 500 Index, as stated in sterling, by at least 1.5% per annum over rolling five-year periods. The sub-fund will invest at least 90% in shares of US companies being those which are listed, incorporated, domiciled or conducting a significant portion of their business in the US. The Sub-fund will be actively managed, concentrated and will invest in companies of any size and in any sector.

Fund summary

Sector	North America
Structure	OEIC
Launched	July 1997
Size	£2,751m
Yield	0%
Dividends paid	Accumulation units only

Charges

Standard Initial Charge	0%
Initial Charge Via BestInvest	0%
Additional Bid/Offer Spread	0%
Annual Management Charge	1.5%
Ongoing Charges Figure	1.51%

Investment Process

This fund holds companies with a market cap greater than $3bn, mainly in the US but Canadian stocks may be held at times. A bottom up stock-picking approach is used to identify attractive long-term growth prospects coupled with shares trading on reasonable valuations. Industry and economic factors will be taken into account when analysing companies, but the profile of the fund will be mainly a result of the stock selection and adherence to risk controls. Analysts seek a sustainable return on capital generated through a strong business model or market position, above average growth funded internally and management committed to creating shareholder value. Inclusion in the portfolio is determined by strength of conviction and the effect on portfolio profile. Portfolio turnover is low, with the management prepared to back companies for the long term if fundamentals remain in place.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning