- Global
Existing investors01. Your location
GlobalSelect region
02. Your user type
Overview
The Fund aims to achieve an annualised return over rolling five-year periods that is 3.5% more than the UK Base Rate, after costs; a positive return over rolling three-year periods; and annualised volatility of returns over rolling five-year periods that is below 10%*. We apply our sustainability framework to assess whether portfolio holdings are compatible with a sustainable economy. We also apply revenues- and norms-based screening to ensure certain types of investment will automatically be excluded from the Fund.
*The manager believes this is an appropriate benchmark given the investment policy of the Fund and the approach taken by the manager when investing.
Performance & Portfolio
Periodic performance
All figures to 31/03/2025 6 Months
1 Year
3 Years
Since Inception
Class B-Acc -1.3% 5.1% n/a 1.7% Index* 2.4% 5.0% n/a 4.3% Target Benchmark** 4.1% 8.5% n/a 7.8%
Annual discrete performance 31 March each year
Annual percentage return (Updated Quarterly) 31/03/2020
31/03/202131/03/2021
31/03/202231/03/2022
31/03/202331/03/2023
31/03/202431/03/2024
31/03/2025Class B-Acc n/a n/a n/a 5.1% 5.1% Index* n/a n/a n/a 5.2% 5.2% Target Benchmark** n/a n/a n/a 8.6% 8.5% Source: FE, Revolution. Total return net of charges, in sterling.
Share class returns calculated using 10am prices, while the Index is calculated close-to-close.
Figures for 3 years and Since Inception are shown as the annualised rate of return. This is the average yearly return over the specified period.
Share Class Inception Date: 20 May 2022.
*UK Base Rate.
**UK Base Rate +3.5%.
Top ten holdings 31/03/2025
Fund % 1 Citi/BG EM Equity ETN 3.5% 2 Citi/BG Value Equity ETN 3.5% 3 Baillie Gifford Positive Change Fund 3.4% 4 Leadenhall UCITS ILS Fund 3.3% 5 Galene Fund 3.1% 6 Baillie Gifford Responsible Global Equity Income Fund 3.0% 7 Blackrock GBP LEAF Fund 2.8% 8 Aegon ABS Opportunity Fund Acc 2.6% 9 Australia 4.25% (Green Bond) 21/06/2034 2.5% 10 Baillie Gifford Global Alpha Paris-Aligned Fund 2.2% Total 29.9% Asset allocation 31/03/2025Fund %
- 1 Listed Equities 18.72
- 2 Property 6.61
- 3 High Yield Credit 6.04
- 4 Structured Finance 10.28
- 5 Commodities 6.30
- 6 Emerging Market Bonds 7.33
- 7 Infrastructure 26.01
- 8 Government Bonds 2.50
- 9 Insurance Linked 12.27
- 10 Special Opportunities -0.61
- 11 Active Rates and Currency 0.00
- 12 Cash and Equivalents 4.53
- Total 100.00
Total may not sum due to rounding.
Insights
Read moreMeet the Managers
Scott Lothian
Scott is an investment manager in the Multi Asset Team and leads Baillie Gifford’s Investment Solutions Team. He joined the firm in 2015, as a multi asset investment manager. Prior to joining the firm, he worked as a Solutions Strategist for Schroders in London, led the multi asset team for BEA Union in Hong Kong, and was a senior investment consultant at Towers Watson. Scott is a Fellow of the Institute and Faculty of Actuaries, and graduated BSc (Hons) in Actuarial Mathematics and Statistics from Heriot-Watt University in 1999.
James Squires
James is head of the Multi Asset Team and chairs our Multi Asset and Income Leadership Group. He became a partner in 2018. James joined Baillie Gifford in 2006, initially working in our North American Equity and Fixed Income teams. He has been a CFA Charterholder since 2010 and graduated BA in Mathematics and Philosophy from the University of Oxford in 2005.
Felix Amoako-Kwarteng
Felix joined Baillie Gifford in 2011 and is an investment manager in the Multi Asset Team. He is a CFA Charterholder. Felix graduated BComm in Accounting from University of Cape Coast, Ghana, in 2008 and MSc in Investment Analysis from the University of Stirling in 2010.
Nicoleta Dumitru
Nicoleta is an investment manager in the Multi Asset Team and part of the Sustainable Income and Multi Asset Income Portfolio Construction Group. She joined Baillie Gifford in 2013 after graduating BSc (Hons) in Management and Marketing from the University of Manchester that same year.
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.
Application forms
Interim reports
Key investor information documents (KIIDs)
Philosophy and process documents
Sustainability-related disclosures and climate reports
Sustainability disclosure requirements (SDR)
Important Information
Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.
The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.
The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.
This website is informative only and the information provided should not be considered as investment advice or a recommendation to buy, sell or hold a particular investment. You can read details of our Legal and Important Information here.
You need to be an existing investor of this fund before you can view its details.
If you are not an existing investor of this fund, please close this message and you'll be directed to our list of funds.