Baillie Gifford Investment Grade Lo

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 269.70 Day Change GBX +0.90 (0.33%)
Price Date 26 May 2017 Crown Rating 4
Shares Class Inc. Yield 3.40 %
Total Expense Ratio 0.02 Fund Size 248,243,000.00
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 GB00B03DJ312 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

Gregory Turnbull-Schwartz
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.