Quick Stats

Bid Price - Offer Price -
Mid Price GBX 212.40 Day Change GBX +0.80 (0.38%)
Price Date 15 Jan 2018 Crown Rating
Shares Class Inc. Yield 1.99 %
Total Expense Ratio 0.80 Fund Size 6,932,325,000.00
Launch Date 22/12/2008 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.65 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.80
ISIN GB00BYQCYV62 Min TopUp (£) 0.00

Fund Objective

Investment Proposition The Fund targets attractive long-term returns with lower volatility than equity markets by investing in a diversified portfolio of assets. The return target is at least 3.5% p.a. ahead of UK base rates (net of fees) over rolling five year periods. We aim to deliver this return whilst limiting volatility to less than 10% p.a. over rolling 5 year periods. Fund AimsTo achieve long-term capital growth at a lower risk than equity markets by investing in a diversified portfolio.The Fund may gain exposure to a broad range of traditional and alternative asset classes which may include but is not limited to equities, investment grade and high yield bonds, property, private equity, infrastructure, commodities and currencies. In order to gain exposure to these asset classes the Fund may invest in transferable securities, money market instruments, collective investment schemes, derivatives and deposits. Up to 100% of the Fund may be invested in other collective investment vehicles and the Fund may use derivatives for both investment purposes and in the management of risk.

Fund Managers

Patrick Edwardson
Patrick graduated BSc in Banking and International Finance from Cass Business School in 1993. He joined Baillie Gifford the same year and after his initial training he joined the Fixed Income Team where he spent five years as an Investment Manager. In 2000, Patrick moved to the UK Equity Team and took on the management of UK equity assets for balanced clients and various UK income portfolios. In 2007 he began initial development of our Diversified Growth product and is Head of the Multi Asset Team. Patrick became a Partner in 2005.
David McIntyre
David graduated BA in History and Politics from Oxford University in 2004. He previously worked for KPMG and in 2007 qualified as a Chartered Accountant. David joined Baillie Gifford in 2008 and worked in the Fixed Income and European Equity Teams. He is now an Investment Manager in the Multi Asset Team.
James Squires
James graduated BA in Mathematics and Philosophy from Oxford University in 2005. He joined Baillie Gifford in 2006, initially working in our North American Equity and Fixed Income Teams. He is now an Investment Manager in the Multi Asset Team. James is a member of the Investment Risk Committee and has been a CFA Charterholder since 2010.
Felix Amoako
Felix graduated Bachelor of Commerce in Accounting from University of Cape Coast, Ghana in 2008 and MSc in Investment Analysis from Stirling University in 2010. Felix joined Baillie Gifford in 2011 and is an Investment Manger in the Multi Asset Team.
Scott Lothian
Scott graduated BSc in Actuarial Mathematics and Statistics from Heriot-Watt University in 1999; he is also a Fellow of the Institute of Actuaries. Prior to joining Baillie Gifford in 2015 he worked for Schroders in London, BEA Union in Hong Kong and Towers Watson. Scott is an Investment Manager in the Multi Asset Team.