Baillie Gifford Investment Grade Lo

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 132.30 Day Change GBX +2.10 (1.61%)
Price Date 24 Feb 2017 Crown Rating 4
Shares Class Inc. Yield 3.50 %
Total Expense Ratio 0.02 Fund Size 260,816,000.00
Launch Date 04/02/2003 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 250,000.00 Total Expense Ratio (%) 0.02
ISIN GB0032501925 Min TopUp (£) 0.00

Fund Objective

The objective is to produce attractive returns over the long term, while achieving a higher level of income than would be available from investment only in comparable UK Gilts, by investing primarily in a diversified portfolio of investment grade long bonds denominated in sterling. Currency forwards and 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. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes. More than 35% in value of the property of Baillie Gifford Investment Grade Long Bond Fund may be invested in Government and public securities (“GAPS”):- (a) issued by, or on behalf of, the same person provided that person is among the Government of the United Kingdom, of Northern Ireland, or of Eire, France, Germany, Luxembourg, Netherlands, Belgium, Denmark, Italy, Spain, Portugal, Greece, Austria, Finland, Sweden, Iceland, Norway, Liechtenstein, Australia, Canada, Japan, New Zealand, Switzerland or the United States of America; the International Bank for Reconstruction and Development (“the World Bank”), the European Investment Bank, the European Bank for Reconstruction and Development, the International Finance Corporation, or the Inter-American Development Bank; and/or (b) guaranteed by the same person, provided that that person is among the Governments referred to in paragraph (a) above. As at the date of this Prospectus no more than 35% in value of the property of Baillie Gifford Investment Grade Long Bond Fund is or has at any point been invested in such Government and public securities.

Fund Managers

Duncan Sutherland
Duncan graduated BSc in Economics from Durham University in 1999. He worked for four years at Scottish Widows Investment Partnership before joining Baillie Gifford in 2008. Duncan is an Investment Manager in the Credit Team and is a CFA Charterholder.