Baillie Gifford Managed A

  • 918.70p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 1176.00p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.56%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.10%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 22 September 2020, fund data last updated 01 February 2001

The fund's official objective is “to achieve above average returns over the long term”, achieved through a combination of stockpicking and asset allocation. The bulk of the portfolio is in equities, spread internationally but with a core in the UK, but some bonds are also held. Equity investments are typically direct holdings selected by Baillie Gifford's regional teams, whilst fixed interest exposure is via Baillie Gifford funds,.

Fund summary

Sector Mixed Investment 40-85% Shares
Structure OEIC
Launched
Size £5,652m
Yield 0.10%
Charging basis Income
Dividends paid 31 Mar, 30 Sep

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.56%

Allocation

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Investment process

The fund seeks to produce superior returns over time by combining a long term, committed, stockpicking approach from the group's regional equity portfolios with the best ideas from their Rates & Currencies and Credit teams, covering interest rate and active currency views, along with investment grade and high yield corporate bond opportunities. In addition, the Fund takes active asset allocation positions. These are driven by the views of our investment teams, based on the availability of attractive long-term investments in each area, with account also taken of the broader views of the firm’s Investment Advisory Group.

Restricting the fund to investment in other Baillie Gifford funds means that it benefits from lower costs than unfettered funds of funds (those that can invest across the market). However, it may impact performance if the fund invests in areas where Baillie Gifford is weak.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

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.

Allocation

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Key Investor Information - Income

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Key Investor Information - Accumulation

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