Overview
Aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types.
Baillie Gifford's culture of sharing information and encouraging debate is central to the SAINTS' investment process.
Performance & Portfolio
Periodic Performance
All figures to 31/10/2024 1 Year
3 Years
5 Years
10 Years
Share Price 11.7% 6.6% 39.0% 183.7% NAV 13.2% 20.8% 62.9% 214.6% Benchmark* 25.6% 27.0% 73.7% 210.9% 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 book value for 10 years.
*FTSE All World Index (GBP) TR.
Performance source: Morningstar and relevant underlying index provider, total return.
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 8.7% 16.3% -7.2% 12.9% 6.5% NAV 7.9% 19.7% 4.5% 7.3% 11.4% Benchmark* 5.7% 22.7% -3.6% 11.1% 20.2% 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 book value for 10 years.
*FTSE All World Index (GBP) TR.
Performance source: Morningstar and relevant underlying index provider, total return.
Past performance is not a guide to future performance.
Performance - 31/10/2024Performance 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.
If the graph shows negative figures this means that the share price is lower than the NAV at fair – this is known as trading at a Discount.
If the graph shows positive figures this means that the share price is higher than the NAV at fair - this is known as trading at a Premium.
Please bear in mind that past performance is not a guide to future performance.Long-term Dividend Record
No dividend reductions in the past eighty years.
Past performance is not a guide to future performance. We have chosen to use a logarithmic scale for the dividend price to more clearly display the consistent level of dividend increase over the years.
The investment trusts managed by Baillie Gifford & Co Limited are listed UK companies and are not authorised or regulated by the Financial Conduct Authority. The value of their shares, and any income from them, can fall as well as rise and investors may not get back the amount invested.
Source: Scottish American Investment Trust Annual Reports, Baillie Gifford. Dividends are shown net of withholding taxes since 1973, when Advanced Corporation Tax was first introduced in the UK. Dividends from 1965-1973 are shown net of the 45% Corporation Tax introduced in the Finance Act of 1965. Dividends prior to 1965 are shown as if the Corporation Tax had existed before 1965, on a comparable basis.
Holdings - 31/10/2024
Fund % 1 Microsoft 3.7% 2 Fastenal 3.6% 3 TSMC 2.9% 4 Partners 2.9% 5 Novo Nordisk 2.8% 6 Procter & Gamble 2.8% 7 Apple 2.7% 8 Schneider Electric 2.5% 9 Deutsche Börse 2.5% 10 Atlas Copco 2.3% Total 28.6% Active Share - 31/10/2024Relative to FTSE All-World Index. Source: Baillie Gifford & Co, FTSE.
Asset allocation of total assets - 31/10/2024Fund %
- 1 North American Equities 36.21
- 2 South American Equities 1.15
- 3 European Equities 33.31
- 4 African and Middle Eastern Equities 0.95
- 5 Europe 1.59
- 6 Asian Equities 12.64
- 7 Australasian Equities 3.74
- 8 Fixed Interest 1.20
- 9 Property 8.81
- 10 Net Liquid Assets 0.39
- 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.Insights
View all InsightsMeet the Managers
James Dow
James is head of Global Income Growth and co-manager of the Scottish American Investment Company, as well as a member of the Portfolio Construction Group for the Sustainable Income Strategy. He joined Baillie Gifford in 2004 and became a partner in the firm in 2023. Prior to this he was an investment manager in our US Equities Team. Before joining the firm, he spent three years at The Scotsman, where he was economics editor. James is a CFA Charterholder. He graduated MA (Hons) in Economics and Philosophy from the University of St Andrews in 2000 and MSc in Development Studies from the London School of Economics in 2001.
Ross Mathison
Ross joined Baillie Gifford in 2019 as an investment manager in the Global Income Growth Team and became Deputy Manager of The Scottish American Investment Company PLC (SAINTS) in August 2023. Previously, he spent a year at Aviva Investors and prior to that nine years at Standard Life Investments as an investment manager, first in the European Equity Team and latterly in the Global Equity Team. Ross is a CFA Charterholder and graduated MA (Hons) in Business and Finance from Heriot-Watt University in 2008. He also sits on the board of directors at Aberlour, a Scottish children’s charity.
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
Philosophy and process documents
Portfolio valuation
Portfolio voting disclosure
Sustainability-related disclosures and climate reports
PRIIPs key information document
Disclaimers
FTSE Disclaimer
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2024. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®" and “Russell®” are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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.
