1. Overview

    The Worldwide US Equity Growth Fund aims to maximise total return principally through investment in equities which are listed on Regulated Markets in the US.

    Performance & Portfolio

    Select currency
    Cumulative Performance
    Created with Highstock 4.2.2Zoom10 Years5 Years3 Years1 YearQuarterWorldwide US Equity Growth Fund - C Acc GBP (in GBP)S&P 500 IndexJan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 202420122013201420152016201720182019202020212022202320240.0100.0200.0300.0400.0500.0600.0700.0

    Rebased to 100 at the start date of this chart.

     

    C Acc GBP share class launched on 13 November 2012.

    Annualised Periodic Performance 31/12/2024
    • Month-end
    • Quarter-end
    • Calendar Year
    • 12 Month Performance
    1 Month3 MonthsYTD1 Year3 Years5 Years10 YearsSince Inception
    Fund - C Acc - GBP (in GBP) -2.23 19.43 30.81 30.81 -2.89 14.90 18.28 18.44
    S&P 500 Index -0.93 9.68 27.26 27.26 11.81 15.80 15.59 17.12
    Created with Highcharts 4.2.2% p.a.-2.23%19.43%30.81%30.81%-2.89%14.90%18.28%18.44%-0.93%9.68%27.26%27.26%11.81%15.80%15.59%17.12%Fund - C Acc - GBP (in GBP)S&P 500 Index-505101520253035
    1 Month3 MonthsYTD1 Year3 Years5 Years10 YearsSince Inception

    Performance figures of periods of one year or less have not been annualised.

    Past performance is not a guide to future performance. The value of your investment may go down as well as up, and you may not get back the amount you invested.


    The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.


    Where performance is shown gross of fees it does not reflect the deduction of investment management fees. The returns will be reduced by the management fees and any other expenses incurred in the management of the account. For example a fund paying a 0.50% annual fee, with a given rate of 5.0% annualised over a 10-year period would result in a net-of-fee return of 4.50% p.a. The Worldwide Emerging Markets Leading Companies, Worldwide Global Alpha and Worldwide US Equity Growth Funds show gross performance figures for their C classes only.


    Share class performance converted to chosen currency.


    Source: Baillie Gifford & Co, BBH, Revolution, relevant underlying index provider.

     

    1 MonthYTD1 Year3 Years5 Years10 YearsSince Inception
    Fund - C Acc - GBP (in GBP) -2.23 30.81 30.81 -2.89 14.90 18.28 18.44
    S&P 500 Index -0.93 27.26 27.26 11.81 15.80 15.59 17.12

    Performance figures of periods of one year or less have not been annualised.

    Past performance is not a guide to future performance. The value of your investment may go down as well as up, and you may not get back the amount you invested.


    The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.


    Where performance is shown gross of fees it does not reflect the deduction of investment management fees. The returns will be reduced by the management fees and any other expenses incurred in the management of the account. For example a fund paying a 0.50% annual fee, with a given rate of 5.0% annualised over a 10-year period would result in a net-of-fee return of 4.50% p.a. The Worldwide Emerging Markets Leading Companies, Worldwide Global Alpha and Worldwide US Equity Growth Funds show gross performance figures for their C classes only.


    Share class performance converted to chosen currency.


    Source: Baillie Gifford & Co, BBH, Revolution, relevant underlying index provider.

     

    2014201520162017201820192020202120222023
    Fund - C Acc - GBP (in GBP) 17.82 13.40 28.56 24.90 13.94 27.81 122.68 -1.75 -50.40 41.17
    S&P 500 Index 20.76 7.26 33.55 11.29 1.56 26.41 14.74 29.89 -7.79 19.16

    Performance figures of periods of one year or less have not been annualised.

    Past performance is not a guide to future performance. The value of your investment may go down as well as up, and you may not get back the amount you invested.


    The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.


    Where performance is shown gross of fees it does not reflect the deduction of investment management fees. The returns will be reduced by the management fees and any other expenses incurred in the management of the account. For example a fund paying a 0.50% annual fee, with a given rate of 5.0% annualised over a 10-year period would result in a net-of-fee return of 4.50% p.a. The Worldwide Emerging Markets Leading Companies, Worldwide Global Alpha and Worldwide US Equity Growth Funds show gross performance figures for their C classes only.


    Share class performance converted to chosen currency.


    Source: Baillie Gifford & Co, BBH, Revolution, relevant underlying index provider.

     

    31/12/14-31/12/1531/12/15-31/12/1631/12/16-31/12/1731/12/17-31/12/1831/12/18-31/12/1931/12/19-31/12/2031/12/20-31/12/2131/12/21-31/12/2231/12/22-31/12/2331/12/23-31/12/24
    Fund - C Acc - GBP (in GBP) 13.40 28.56 24.90 13.94 27.81 122.68 -1.75 -50.40 41.17 30.81
    S&P 500 Index 7.26 33.55 11.29 1.56 26.41 14.74 29.89 -7.79 19.16 27.26

    Past performance is not a guide to future performance. The value of your investment may go down as well as up, and you may not get back the amount you invested.


    The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.


    Where performance is shown gross of fees it does not reflect the deduction of investment management fees. The returns will be reduced by the management fees and any other expenses incurred in the management of the account. For example a fund paying a 0.50% annual fee, with a given rate of 5.0% annualised over a 10-year period would result in a net-of-fee return of 4.50% p.a. The Worldwide Emerging Markets Leading Companies, Worldwide Global Alpha and Worldwide US Equity Growth Funds show gross performance figures for their C classes only.


    Share class performance converted to chosen currency.


    Source: Baillie Gifford & Co, BBH, Revolution, relevant underlying index provider.

     

    Top Ten Holdings - 31/12/2024

    Fund %
    1 Amazon.com 8.1%
    2 The Trade Desk 7.9%
    3 Shopify 6.3%
    4 Meta Platforms 5.7%
    5 Netflix 5.3%
    6 DoorDash 5.0%
    7 Cloudflare 4.5%
    8 NVIDIA 4.4%
    9 Duolingo 3.5%
    10 Tesla Inc 3.2%
    Total 54.0%
    Sector Analysis 31/12/2024
    Created with Highcharts 4.2.2123456

    Fund %

    • 1 Consumer Discretionary 28.07
    • 2 Information Technology 24.81
    • 3 Communication Services 24.07
    • 4 Health Care 11.54
    • 5 Financials 4.65
    • 6 Real Estate 2.80
    • 7 Industrials 2.36
    • 8 Consumer Staples 0.57
    • 9 Materials 0.05
    • 10 Cash 1.07
    • Total 100.00

    Totals may not sum due to rounding.

    As well as cash in the bank, this balance includes unsettled cash flows arising from both shareholder flows and outstanding trades. Therefore, a negative balance may arise from timing differences between shareholder flows and security trading and does not necessarily represent a bank overdraft.

    Managers

    Tom Slater

    Tom is head of the US Equities Team. He joined Baillie Gifford in 2000 and became a partner in 2012. After serving as deputy manager for five years, Tom was appointed joint manager of Scottish Mortgage Investment Trust in 2015. During his time at Baillie Gifford, he has also worked in the Developed Asia, UK Equity and Long-Term Global Growth teams. Tom’s investment interest is focused on high growth companies both in listed equity markets and as an investor in private companies. He graduated BSc in Computer Science with Mathematics from the University of Edinburgh in 2000.

    Gary Robinson

    Gary is an investment manager in the US Equity Growth Team. He joined Baillie Gifford in 2003 and became a partner in 2019. He worked on our Japanese, UK and European Equity teams before joining the US Equity Growth Team in 2008. Gary is a generalist investor but retains a special interest in the healthcare sector, dating back to his undergraduate degree. He graduated MBiochem in Biochemistry from Oxford University in 2003.

    Kirsty Gibson

    Kirsty joined Baillie Gifford in 2012 and is an investment manager in the US Equity Growth Team. She has been involved in running the North American portfolio of the Managed Fund and Global Core Fund since 2021. Prior to joining the US Equity Growth Team, Kirsty also spent several years in the small and large-cap global equities departments. She graduated MA (Hons) in Economics in 2011 and MSc in Carbon Management in 2012, both from the University of Edinburgh.

    Dave Bujnowski

    Dave is an investment manager in the US Equity Growth Team. He joined Baillie Gifford in 2018 and became a partner in 2021. Before joining the firm, he co-founded Coburn Ventures in 2005. The company studies change to understand what shapes investment opportunities. Dave has also held various hedge fund roles. He began his career in 1996 at Warburg Dillon before joining UBS. Dave graduated from Boston College in 1993, where he majored in Finance and Philosophy.

    How to Invest

    You can invest in a range of our funds via a number of fund platforms and supermarkets. Certain share classes are available for investment via a number of platforms. Please see the links opposite.

    Baillie Gifford does not sponsor, maintain or have any control over the content of any other websites.

    Therefore, we are not responsible for the adequacy or accuracy of any of the information you may view, nor do we undertake to ensure successful transmission to any linked website.

    How to Invest

    Professional Investor Enquiries

    For further information on the funds, including availability and investment options, please contact our local distributor Volcom Capital.

    Professional Investor Enquiries

    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.

    Philosophy and process documents

    PRIIPs performance disclosures

    Further Information

    BAILLIE GIFFORD INVESTMENT MANAGEMENT (EUROPE) LIMITED: REGISTERED OFFICE
    Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (No. C182354). Registered office: 4/5 School House Lane East, Dublin 2, D02 N279. Registered in Ireland (No. 625892).

    COMPLAINTS CONTACT DETAILS
    In the first instance, clients should contact their normal Client Contact with any concerns. Alternatively, or for those clients who do not have a direct client contact assigned, complaints can be emailed to Baillie Gifford’s Compliance Department at: InstitutionalComplaints@bailliegifford.com. A summary document which contains details on Baillie Gifford’s complaints management policy is available upon request. All material complaints are recorded in an in-house incident management system and are escalated to, and dealt with by, members of staff of suitable seniority, independent of the area from which the matter arose.

    Risks

    Investment markets can go down as well as up and market conditions can change rapidly. The value of an investment in the Fund, and any income from it, can fall as well as rise and investors may not get back the amount invested.

    The specific risks associated with the Fund include:

    Custody

    Custody of assets involves a risk of loss if a custodian becomes insolvent or breaches duties of care.

    Single Country

    The Fund’s exposure to a single market and currency may increase share price movements.

    Concentration

    The Fund’s concentrated portfolio relative to similar funds may result in large movements in the share price in the short term.

    Foreign Currency

    The Fund has exposure to a foreign currency and changes in the rate of exchange will cause the value of any investment, and income from it, to fall as well as rise and you may not get back the amount invested.

    Environmental, Social and Governance (ESG)

    The Fund's approach to Environmental, Social and Governance (ESG) means it cannot invest in certain sectors and companies. The universe of available investments will be more limited than other funds that do not apply such criteria/ exclusions, therefore the Fund may have different returns than a fund which has no such restrictions. Data used to apply the criteria may be provided by third party sources and is based on backward-looking analysis and the subjective nature of non-financial criteria means a wide variety of outcomes are possible. There is a risk that data provided may not adequately address the underlying detail around material non-financial considerations.

    Please consider all of the characteristics and objectives of the fund as described in the Key Information Document (KID) and prospectus before making a decision to invest in the Fund. For more information on how sustainability issues, such as climate change are considered, see bailliegifford.com.

    Volatility

    The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.

    Further Details

    Further details of the risks associated with investing in the Fund can be found in the Key Information Document (KID), or the Prospectus. Copies of both the KID and Prospectus are available at bailliegifford.com.

    Definitions

    Active Share: A measure of the Fund's overlap with the benchmark. An active share of 100 indicates no overlap with the benchmark and an active share of zero indicates a portfolio that tracks the benchmark.

     

    Important Information

    The content of this website is intended exclusively for professional investors in accordance with MiFID legislation. ’Professional investors’ are potential investors who are deemed to have the status of “professional clients”, within the meaning of MiFID (2004/39/EC), as transposed in Ireland. It is not intended for retail investors.

    Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (Reference number C182354) as an Alternative Investment Fund Manager and UCITS Manager to Baillie Gifford Worldwide Funds plc. Its registered office is 4/5 School House Lane East, Dublin 2, D02 N279, Ireland.

    This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. You can read details of our Legal and Important Information here.