Overview
Share price and charges
Series
FNAV
23.45% change
0.30%Management fee
0.62%Operating expenses
0.02%Gross expense ratio
0.64%Net expense ratio
0.64%Fund facts
Fund launch date
April 29, 2016
Fund size
$1,298.4m
Benchmark
MSCI ACWI Index
Current number of holdings
38
Active share
90%**
Annual turnover
20%
Style
Long term, bottom-up focus on stocks with very high growth rates
Guideline number of holdings
30-60
** Relative to MSCI ACWI Index.
Source: Baillie Gifford & Co and relevant underlying index provider(s).
Portfolio characteristics
The fund's characteristics compared to the index.
As at 31 March 2025
| Fund | MSCI ACWI Index | |
|---|---|---|
| Market cap (weighted average) | $551.68bn | $851.39bn |
| Price / Book | 8.11 | 3.25 |
| Price / Earnings (12 months forward) | 27.24 | 16.94 |
| Earnings growth (5 year historic) | 29.41% | 9.30% |
| Return on equity (12 months forward) | 25.14% | 18.98% |
| Standard deviation (trailing 3 years) | 23.77% | 12.41% |
| Beta | 1.70 | N/A |
Source: Revolution, MSCI. Canadian dollars.
Index disclaimer
Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated 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 or 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).
Important information
The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Baillie Gifford does not currently have any funds that offer securities under a simplified prospectus for general offer or sale within Canada. No securities regulatory authority in Canada has reviewed or in any way passed upon this website or the merits of any investment available, and any representation to the contrary is an offence.
Persons resident or domiciled in Canada should consult with their professional advisers as to whether they require any governmental or other consents in order to enable them to trade.
You can read details of our Legal and Important Information here.
Trade Matching Statement
This Trade-Matching Statement is being provided in accordance with National Instrument 24-101 -"Institutional Trade Matching and Settlement" and Companion Policy 24-101 CP (the "National
Instrument"). It applies to all trades that are subject to the National Instrument. View the whole statement.
Fund portfolio holdings
The list of top 10 holdings that this fund invests in.
As at: 31 March 2025
| # | Holding | % of portfolio |
|---|---|---|
| 1 | Amazon.com | 6.61 |
| 2 | Netflix | 4.61 |
| 3 | NVIDIA | 4.49 |
| 4 | Spotify | 4.31 |
| 5 | Meituan | 4.23 |
| 6 | PDD Holdings | 4.01 |
| 7 | Sea Limited | 3.94 |
| 8 | Shopify | 3.67 |
| 9 | Tencent | 3.60 |
| 10 | Cloudflare | 3.47 |
Quarterly transactions
Transactions for the three-month period ending 31 March 2025
New purchases
- TSMC
Complete sales
- Advanced Micro Devices Inc
- Moderna Inc
- Tesla Inc
Additions
- AppLovin
- Datadog
- Kweichow Moutai 'A'
- Nu Holdings Ltd.
- PDD Holdings Inc
- Tencent
- The Trade Desk
Reductions
- Cloudflare Inc
- Intuitive Surgical
Insights
Key articles, videos and podcasts relating to the fund:
Filters
Insights
With the benefit of foresight
Investors must navigate uncertainty to create long-term value in a rapidly changing world.
LTGG Reflections: TSMC, why now?
The 40-year-old company leading AI technology with advanced semiconductor production.
Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
ASML: Stock Story
Paul Taylor explores the cutting-edge semiconductor technology advancing the digital revolution.
Moutai: Stock Story
Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.
Reflections: resisting short-term noise
Mark Urquhart teaches us how to ignore market noise and focus on promising companies.
Reflections: Politics and portfolios
How we navigate noisy politics to uncover transformative investment opportunities.
AI revolution: behind the 'overnight' success
AI is revolutionising industries globally. Stewart Hogg explores how AI is reshaping companies and driving long-term growth.
Finding sanity in the circus
An LTGG insight into what really matters for long term growth investing at the current juncture.
Reflections: Jewels in the crown
How we consider the balance of tradition and transformation when it comes to investing in India.
Volatility in LTGG: a feature not a bug
Why volatility is crucial to LTGG's strategy of capturing outsized returns.
Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Reflections: Private eyes
Our approach to private market investments and the AI new buy it led to.
Reflections: When life gives you lemons, make lemonade
Our new portfolio holding AppLovin has an innovative approach to app marketing, driving success in a crowded market.
Long Term Global Growth Q3 investor letter
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments
Long Term Global Growth Q3 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Kweichow Moutai: spirit of China
The fiery spirit that’s a profitable symbol of Chinese culture and luxury.
Reflections: The value of culture
Why the critical role of corporate culture can be the heartbeat of business success.
Long Term Global Growth Q2 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Sugar rush: LTGG Q2 2024
Highlighting the companies driving portfolio returns and how our appetite for growth compares to market trends.
Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q3 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q2 update
The Long Term Global Growth team reflects on recent performance, portfolio changes, and market developments.
Long Term Global Growth Q1 investment update
Long Term Global Growth Team reflects on recent performance, portfolio changes, and market developments.
Reflections: Company check in
We met holdings to track their progress as well as scouting out potential additions to the portfolio.
Looking back going forward
The LTGG Team look back on an extraordinary 12 months and discuss the growth prospects of the portfolio, the rapid development of vaccines and the importance of hold discipline.
With the benefit of foresight
Investors must navigate uncertainty to create long-term value in a rapidly changing world.LTGG Reflections: TSMC, why now?
The 40-year-old company leading AI technology with advanced semiconductor production.Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.ASML: Stock Story
Paul Taylor explores the cutting-edge semiconductor technology advancing the digital revolution.Moutai: Stock Story
Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.Reflections: resisting short-term noise
Mark Urquhart teaches us how to ignore market noise and focus on promising companies.Reflections: Politics and portfolios
How we navigate noisy politics to uncover transformative investment opportunities.AI revolution: behind the 'overnight' success
AI is revolutionising industries globally. Stewart Hogg explores how AI is reshaping companies and driving long-term growth.Finding sanity in the circus
An LTGG insight into what really matters for long term growth investing at the current juncture.Reflections: Jewels in the crown
How we consider the balance of tradition and transformation when it comes to investing in India.Volatility in LTGG: a feature not a bug
Why volatility is crucial to LTGG's strategy of capturing outsized returns.Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Reflections: Private eyes
Our approach to private market investments and the AI new buy it led to.Reflections: When life gives you lemons, make lemonade
Our new portfolio holding AppLovin has an innovative approach to app marketing, driving success in a crowded market.Long Term Global Growth Q3 investor letter
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developmentsLong Term Global Growth Q3 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Kweichow Moutai: spirit of China
The fiery spirit that’s a profitable symbol of Chinese culture and luxury.Reflections: The value of culture
Why the critical role of corporate culture can be the heartbeat of business success.Long Term Global Growth Q2 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Sugar rush: LTGG Q2 2024
Highlighting the companies driving portfolio returns and how our appetite for growth compares to market trends.Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Long Term Global Growth Q3 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.Long Term Global Growth Q2 update
The Long Term Global Growth team reflects on recent performance, portfolio changes, and market developments.Long Term Global Growth Q1 investment update
Long Term Global Growth Team reflects on recent performance, portfolio changes, and market developments.Reflections: Company check in
We met holdings to track their progress as well as scouting out potential additions to the portfolio.Looking back going forward
The LTGG Team look back on an extraordinary 12 months and discuss the growth prospects of the portfolio, the rapid development of vaccines and the importance of hold discipline.
Tax and distributions
The Fund intends to pay dividends to its unitholders at least annually. Distributions will be automatically reinvested in additional units of the Fund or, if a unitholder requests, paid directly to unitholder.
The distribution date for the Fund shall be the last Valuation Date in each taxation year or such other frequency as may be determined by the Manager. The distribution dates will appear on this page alongside the rates once they become available. For more information on the Funds distributions please see the Offering Memorandum.
Recent distributions
The below table shows the makeup of the most recent distributions paid.
| Series F | Series Z | |
|---|---|---|
| Income dividends | 0.06088 | 0.06392 |
| Capital gain | 1.52308 | 1.59921 |
| Total per share | 1.58396 | 1.66313 |
| Ex-dividend date | 31 Dec 2024 | 31 Dec 2024 |
| Pay date | 31 Dec 2024 | 31 Dec 2024 |
| Status | Final | Final |
Source: CIBC Mellon and Baillie Gifford & Co.
Upcoming distributions
The table below shows the proposed distribution dates for the current tax year. The dates can be changed by the Officers of the Funds.
2025
30 December 2025
31 December 2025
31 December 2025
Source: CIBC Mellon and Baillie Gifford & Co.