Baillie Gifford Managed C Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 578.70||Day Change||GBX -5.60 (-0.96%)|
|Price Date||2 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.97 %|
|Total Expense Ratio||0.03||Fund Size||1,100,177,000.00|
|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 is to produce attractive returns over the long term by investing worldwide in transferable securities, whether directly or via collective investment schemes, in any economic sector, but with the ability also to invest up to (but no more than) 10% in value of the Fund in deposits. The Fund will be diversified by exposure to different asset classes (e.g. in most circumstances fixed interest stocks as well as equities), by international exposure and by exposure to companies operating in a wide range of industries. The portfolio will generally also have exposure to some medium and smaller sized companies as well as the largest ‘blue chips’. Derivatives may be used from time to time in keeping with the Fund’s objective with the intention of either protecting or enhancing the return on the Fund.
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.