|Bid Price||-||Offer Price||-|
|Mid Price||GBX 212.90||Day Change||GBX +0.30 (0.14%)|
|Price Date||16 Jan 2018||Crown Rating|
|Shares Class||Inc.||Yield||3.00 %|
|Total Expense Ratio||0.03||Fund Size||199,685,000.00|
|Launch Date||30/11/2001||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||GB00B03DHZ99||Min TopUp (£)||0.00|
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 fixed interest securities 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 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 more than 35% in value of the property of Baillie Gifford Investment Grade Bond Fund has been invested in such Government and public securities issued by the European Investment Bank.
Gregory graduated from the State University of New York (Binghamton) in 1994 with a BA in Political Science (concentration in Economics) and earned an MSc in Economics from the University of Edinburgh later in his career. He worked at Citigroup in New York and Schroders in London, primarily in corporate and project finance banking, and latterly worked for about 10 years as an investment manager at Kames Capital. His research responsibilities there were initially in non-financial credit and more recently in financials where he managed the financials team as well as a variety of segregated and pooled institutional funds. Gregory is an Investment Manager in the Investment Grade Team and is a CFA Charterholder.