Overview
Edinburgh Worldwide aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential.
While the policy is global investment, the approach adopted is to construct a portfolio through the identification of individual companies which offer long-term growth potential.
Performance & Portfolio
Periodic Performance
All figures to 30/09/2024 1 Year
3 Years
5 Years
10 Years
Share Price 11.1% -49.7% -15.9% 102.6% NAV 2.5% -47.0% -5.7% 108.6% Index* 13.1% 8.0% 42.3% 156.8% Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.
*Changed from MSCI AC World to S&P Global Small Cap on 01/02/2014. Data chain-linked from this date to form a single index.
Performance source: Morningstar and relevant underlying index provider(s), total return.
Please bear in mind that past performance is not a guide to future performance.
Discrete Performance
Annual Performance to 30 September each year 30/09/2019
30/09/202030/09/2020
30/09/202130/09/2021
30/09/202230/09/2022
30/09/202330/09/2023
30/09/2024Share Price 58.7% 5.3% -43.3% -20.1% 11.1% NAV 58.3% 12.4% -37.7% -17.0% 2.5% Index* -1.4% 33.6% -9.1% 5.1% 13.1% Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.
*Changed from MSCI AC World to S&P Global Small Cap on 01/02/2014. Data chain-linked from this date to form a single index.
Performance source: Morningstar and relevant underlying index provider(s), total return.
Please bear in mind that past performance is not a guide to future performance.Performance - 30/09/2024Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
Comparative Index is limited to a 5 year period from the current date.
Comparative Index changed from MSCI All Countries World Index on 01/02/2014 to S&P Global Small Cap Index. In the above graph the indices have been chain-linked to form a single index.
The graph has been rebased to 100.
Please bear in mind that past performance is not a guide to future performance.Holdings - 30/09/2024
Fund % 1 Space Exploration Technologies 11.9% 2 Alnylam Pharmaceuticals 5.9% 3 PsiQuantum 4.7% 4 AeroVironment 4.2% 5 Oxford Nanopore Tech 4.0% 6 Zillow 3.6% 7 Axon Enterprise 3.2% 8 Exact Sciences 2.5% 9 American Superconductor Corp 2.2% 10 Ocado 2.2% Total 44.4% Active Share - 30/09/2024Relative to S&P Global Small Cap. Source: Baillie Gifford & Co, S&P.
Geographical analysis of total assets - 30/09/2024Fund %
- 1 North America 73.30
- 2 UK 12.45
- 3 Europe 4.56
- Israel 2.25
- France 1.01
- Others 1.30
- 4 Asia 4.75
- China 2.82
- Japan 1.93
- 5 Australasia 1.65
- 6 Net Liquid Assets 3.06
- 7 Others 0.23
- Total 100.00
As the Fund invests in overseas securities, changes in the rates of exchange may also cause the value of your investment (and any income it may pay) to go down or up.
The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. All holdings information is unaudited. Source Baillie Gifford & Co.
Please note that totals may not add due to rounding.Meet the Managers
Douglas Brodie - Co-manager
Douglas is head of the Discovery Team and has led the strategy since its inception. He is also co-manager of the Edinburgh Worldwide Investment Trust. He joined Baillie Gifford in 2001 and became a partner in 2015. He graduated BSc in Molecular Biology and Biochemistry from the University of Durham in 1997 and attained a DPhil in Molecular Immunology from the University of Oxford in 2001.
Svetlana Viteva - Co-manager
Svetlana is an investment manager in the Discovery Team. She is the lead manager for the US Discovery Strategy and a co-manager for the Edinburgh Worldwide Investment Trust. She joined Baillie Gifford in 2012. She graduated BA in Economics and BA in Business Administration from the American University in Bulgaria in 2008, MSc in Investment Analysis in 2009 and PhD in Accounting and Finance in 2012, both from the University of Stirling. She is a CFA Charterholder.
Luke Ward - Co-manager
Luke joined Baillie Gifford in 2012 and is an investment manager in the Private Companies Team. Prior to joining the Private Companies Team in 2024 he was an investment manager in the Discovery Team. Luke is co-manager of the Edinburgh Worldwide Investment Trust, which focuses on identifying innovative and rapidly growing smaller companies globally. Luke graduated from the University of Edinburgh in 2012 with a MEng (Hons) in Mechanical Engineering.
Documents
You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available).
To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.
Annual reports
Corporate governance
Interim reports
Investor disclosure document
Other fund literature
Portfolio valuation
Portfolio voting disclosure
RNS announcements
Sustainability-related disclosures and climate reports
PRIIPs key information document
PRIIPs performance disclosures
Disclaimers
MSCI DISCLAIMER
Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)
S&P DOW JONES DISCLAIMER
The S&P 500 and S&P Global SmallCap (index) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Baillie Gifford &Co. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Baillie Gifford & Co. Baillie Gifford & Co product(s) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of The S&P 500 and S&P Global SmallCap (index).
Important Information
Baillie Gifford Overseas Limited (ARBN 118 567 178) is registered as a foreign company under the Corporations Act 2001 (Cth) and holds Foreign Australian Financial Services Licence No 528911. The information in this area is provided to you on the basis that you are a “wholesale client” within the meaning of section 761G of the Corporations Act 2001 (Cth) (“Corporations Act”). Please advise Baillie Gifford Overseas Limited immediately if you are not a wholesale client. In no circumstances should the information in this area be made available to “retail clients” as defined by the Corporations Act.
The information in this area contains general information only. It does not take into account any person’s objectives, financial situation or needs.
