Baillie Gifford Sterling Aggregate
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 108.50||Day Change||GBX -0.10 (-0.09%)|
|Price Date||17 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.10 %|
|Total Expense Ratio||0.45||Fund Size||0.00|
|Launch Date||27/10/2015||Standard Initial Charge (%)||0.50|
|Annual Management Charge (%)||0.40||Sector||IMA UK Equity Income|
|Min Investment (£)||250,000.00||Total Expense Ratio (%)||0.45|
|ISIN||GB00BYM0DG26||Min TopUp (£)||0.00|
The objective is to produce a total return, before charges and expenses payable out of the Fund, in excess of the combined total return of 50% of the FTSE Actuaries UK Conventional Gilts All Stock Index and 50% of the Bank of America Merrill Lynch Sterling non Gilt Index or any successor or substitute indices, by 1.5% per annum over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The Fund will mainly be invested in a diversified portfolio of government, quasi-government and non government, investment grade bonds. The Fund may also be invested in other assets including sub-investment grade bonds and foreign currencies. The Fund may invest in transferable securities, money market instruments, collective investment schemes, deposits, cash and near cash. Currency forwards and derivatives will be used, in keeping with the Fund's objective, with the intention of either protecting or enhancing the return on the Fund. No more than 10% in the value of the property of the Fund will be invested in units of other collective investment schemes.
Phil graduated MSc in Physics from the University of Bern in 1997 and with an MSc in Financial Maths from the University of Edinburgh in 1998. He joined Baillie Gifford in 1999 and worked in the Risk Department before becoming a Fixed Income Investment Manager in 2002. He is a member the Rates and Currencies Team and has been managing the Global Bond Fund since 2006.