|Bid Price||-||Offer Price||-|
|Mid Price||GBX 672.70||Day Change||GBX +0.10 (0.01%)|
|Price Date||17 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.70 %|
|Total Expense Ratio||0.03||Fund Size||3,104,021,000.00|
|Launch Date||01/04/1987||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||250,000.00||Total Expense Ratio (%)||0.03|
|ISIN||GB0006010499||Min TopUp (£)||0.00|
The objective of the Sub-fund is to produce capital growth over the long term. The Sub-fund will invest primarily in a combination of equities, fixed interest securities, and collective investment schemes, cash near cash and deposits. The Sub-fund may invest in derivatives and currency forwards for investment purposes as well as for efficient portfolio management. The Sub-fund is actively managed and the investment manager has the discretion to invest in any combination of these asset classes and also to diversify the portfolio by investing in any country and in any economic sector. The equities in which the Sub-fund invests may be from companies of any size and from anywhere in the world and the fixed interest securities in which the Sub-fund invests may be issued by sovereign, supranational, public sector or corporate issuers in any country. The collective investment schemes in which the Sub-fund invests (which may include those managed or operated by the ACD) may be used to obtain indirect exposure to the asset classes described above or to obtain further diversification, at the investment manager’s discretion. The Sub-fund may also invest in other transferable securities and warrants.
Iain graduated MA in Accounting from Aberdeen University and trained as a Chartered Accountant. Iain joined Baillie Gifford in 1994, and has spent the majority of his career as an investment manager in our UK Equity Team. He became a Partner in 2005 and Chief of Investment Staff in 2013.
Steven graduated BAcc in Economics and Accountancy from the University of Glasgow in 1992 and completed an MSc in Economics from Warwick University in 1993. Prior to Baillie Gifford, Steven was a fixed income investment manager with Scottish Widows. His considerable experience includes seven years undertaking analysis and research for the Bank of England’s Monetary Policy Committee, and involvement in managing the UK’s foreign exchange reserves. Steven joined Baillie Gifford in 2004 and is Head of the Rates and Currencies Team.