Baillie Gifford Cash C Gr Acc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 116.69||Day Change||GBX 0.00 (0.00%)|
|Price Date||2 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.02||Fund Size||58,293,000.00|
|Launch Date||10/06/1996||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||250,000.00||Total Expense Ratio (%)||0.02|
|ISIN||GB00B17Q7F13||Min TopUp (£)||0.00|
To provide a competitive money market yield without compromising security of capital. To achieve this objective, the property of the Fund will consist principally of call deposits with UK clearing banks or other eligible institutions having at least an equivalent credit rating. Up to 20% of the Fund's property may consist of term deposits of up to one month with the foregoing. From time to time, investment may be made in those short-term instruments in which investment is permissible for a money market fund in accordance with the Financial Services Authority's Collective Investment Schemes Sourcebook, as amended. The manager's current policy is to invest solely in sterling denominated deposits.
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.