30/09/19 to 30/09/20 |
30/09/20 to 30/09/21 |
30/09/21 to 30/09/22 |
30/09/22 to 30/09/23 |
30/09/23 to 30/09/24 |
|
---|---|---|---|---|---|
Fund | 81.2% | 19.2% | -41.7% | 2.0% | 21.4% |
Sector | 7.4% | 22.7% | -2.7% | 4.8% | 16.8% |
Rank | 4/159 | 139/159 | 156/159 | 121/161 | 23/161 |
Quartile | 1 | 4 | 4 | 3 | 1 |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/09/24 |
5 Years to 30/09/24 |
10 Years to 30/09/24 |
||
Fund | -10.3% | 9.3% | 13.3% | |
Sector | 6.0% | 9.4% | 10.9% | |
Rank | 156/159 | 112/159 | 12/146 | |
Quartile | 4 | 3 | 1 |
Stock | % Weight |
---|---|
TRADE DESK INC(THE) | 8.24 |
AMAZON.COM | 7.63 |
META PLATFORMS | 5.92 |
NVIDIA CORPORATION | 5.22 |
SHOPIFY | 5.14 |
NETFLIX | 4.86 |
DOORDASH | 4.46 |
TESLA | 4.12 |
CLOUDFLARE | 3.52 |
WORKDAY INC | 3.16 |
Total | 52.27 |
Objective: The investment strategy of the fund is to purchase units in the Baillie Gifford American Fund - the underlying fund.
Underlying Fund Objective: The objective is to produce capital growth over the long term. The fund will invest principally in equities of companies which are listed, quoted, traded, incorporated, domiciled or conducting a significant portion of their business in the United States of America. Investment may be direct or indirect and the portfolio will be concentrated, usually between 30-50 stocks. The fund may also invest in other equities, cash and near cash. Up to (but no more than) 10% in value of the-fund may be invested in each of the following: (1) collective investment schemes, including those managed or operated by the ACD and (2) deposits. The fund will be actively managed, and investment may be made in any economic sector.
Performance Objective: To outperform (after deduction of costs) the S&P 500 Index, as stated in sterling, by at least 1.5% per annum over rolling five-year periods.
Tom is Head of the US Equities Team and is a decision maker for the Long Term Global Growth strategy. He joined Baillie Gifford in 2000 and became a Partner of the firm in 2012. After serving as Deputy Manager for five years, Tom was appointed Joint Manager of Scottish Mortgage Investment Trust in 2015. During his time at Baillie Gifford he has also worked in the Developed Asia and UK Equity teams. Tom’s investment interest is focused on high growth companies both in listed equity markets and as an investor in private companies. He graduated BSc in Computer Science with Mathematics from the University of Edinburgh in 2000.
Kirsty is an Investment Manager in the US Equities Team. Kirsty joined Baillie Gifford in 2012 and began her career on the US Equities Team, moving on to spend several years in small and large cap global equities departments, before returning to the US Equities Team. She graduated MA (Hons) in Economics in 2011and MSc in Carbon Management in 2012, both from the University of Edinburgh.
Gary is a Partner and Investment Manager in the US Equities Team. He graduated MBiochem in Biochemistry from the University of Oxford in 2003 and joined Baillie Gifford the same year. He spent time working on our Japanese, UK and European Equity Teams before moving to the US Equities Team in 2008. Gary is a generalist investor but retains a special interest in the healthcare sector dating back to his undergraduate degree. Gary is also a member of the Global Stewardship Team.
Dave is an Investment Manager in the US Equities Team. He joined Baillie Gifford in 2018 and became a partner in the firm in 2021. Dave’s investment interest is focused on markets and businesses in which a highly dynamic societal change or business model shift affects potential future cash flow in a monumental and underappreciated manner. Prior to joining Baillie Gifford, he co-founded Coburn Ventures in 2005, a consulting and investment company that studies monumental change in business, markets and society to better understand the powerful forces that shape investment opportunities. In his 13 years at Coburn Ventures, Dave was a Partner, primary client-facing consultant, research analyst and portfolio manager of a long-short, market neutral hedge fund. He started his career in 1996, joining Warburg Dillon Read’s equity research group as an associate semiconductor analyst before joining UBS’s Global Tech Strategy Team. Dave graduated from Boston College in 1993, where he majored in Finance and Philosophy.
Bid (04/10/2024) | 552.00 |
Offer (04/10/2024) | 581.10 |
Fund size (31/08/2024) | £12.32m |
Underlying Fund size | £2728.51m |
Number of holdings | 47 |
Launch date | 03/08/2007 |
Annual Management Charge (AMC) | 1.35% |
Further Costs | 0.04% |
Yearly Total | 1.39% |
International Equities | 98.27% | |
Cash and Equivalents | 1.73% |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Equities | 98.27% | |
Cash and Equivalents | 1.73% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Consumer Discretionary | 37.27% | - | - | - | |
Media | - | 13.10% | - | - | |
Media | - | - | 13.10% | - | |
Media Agencies | - | - | - | 8.24% | |
Entertainment | - | - | - | 4.86% | |
Retail | - | 10.63% | - | - | |
Retailers | - | - | 10.63% | - | |
Diversified Retailers | - | - | - | 7.63% | |
Specialty Retailers | - | - | - | 3.00% | |
Consumer Products & Services | - | 6.72% | - | - | |
Consumer Services | - | - | 3.25% | - | |
Education Services | - | - | - | 3.25% | |
Leisure Goods | - | - | 2.96% | - | |
Electronic Entertainment | - | - | - | 2.17% | |
Recreational Products | - | - | - | 0.79% | |
Household Goods & Home Construction | - | - | 0.51% | - | |
Household Appliance | - | - | - | 0.51% | |
Automobiles & Parts | - | 4.65% | - | - | |
Automobiles & Parts | - | - | 4.65% | - | |
Automobiles | - | - | - | 4.65% | |
Travel & Leisure | - | 2.17% | - | - | |
Travel & Leisure | - | - | 2.17% | - | |
Restaurants & Bars | - | - | - | 2.17% | |
Technology | 34.71% | - | - | - | |
Technology | - | 34.71% | - | - | |
Software & Computer Services | - | - | 29.48% | - | |
Consumer Digital Services | - | - | - | 17.54% | |
Software | - | - | - | 7.25% | |
Computer Services | - | - | - | 4.69% | |
Technology Hardware & Equipment | - | - | 5.22% | - | |
Semiconductors | - | - | - | 5.22% | |
Health Care | 13.98% | - | - | - | |
Health Care | - | 13.98% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 9.01% | - | |
Biotechnology | - | - | - | 9.01% | |
Medical Equipment & Services | - | - | 3.64% | - | |
Medical Equipment | - | - | - | 3.64% | |
Health Care Providers | - | - | 1.32% | - | |
Health Care Services | - | - | - | 1.02% | |
Health Care Facilities | - | - | - | 0.31% | |
Industrials | 7.47% | - | - | - | |
Industrial Goods & Services | - | 4.73% | - | - | |
Industrial Support Services | - | - | 3.45% | - | |
Transaction Processing Services | - | - | - | 3.45% | |
Electronic & Electrical Equipment | - | - | 1.28% | - | |
Electronic Equipment: Control & Filter | - | - | - | 1.28% | |
Construction & Materials | - | 2.75% | - | - | |
Construction & Materials | - | - | 2.75% | - | |
Building: Climate Control | - | - | - | 2.75% | |
Real Estate | 3.17% | - | - | - | |
Real Estate | - | 3.17% | - | - | |
Real Estate Investment & Services | - | - | 2.32% | - | |
Real Estate Services | - | - | - | 2.32% | |
Real Estate Investment Trusts | - | - | 0.86% | - | |
Storage REITs | - | - | - | 0.86% | |
Cash and Equivalents | 1.73% | - | - | - | |
Telecommunications | 1.27% | - | - | - | |
Telecommunications | - | 1.27% | - | - | |
Telecommunications Service Providers | - | - | 1.27% | - | |
Cable Television Services | - | - | - | 1.27% | |
Financials | 0.41% | - | - | - | |
Insurance | - | 0.41% | - | - | |
Non-life Insurance | - | - | 0.41% | - | |
Full Line Insurance | - | - | - | 0.41% | |
Non-Classified | 0.00% | - | - | - |
North America | 97.67% | |
Cash and Equivalents | 1.73% | |
Middle East & Africa | 0.60% |
Region | Country | ||
---|---|---|---|
North America | 97.67% | - | |
United States | - | 92.53% | |
Canada | - | 5.14% | |
Cash and Equivalents | 1.73% | - | |
Middle East & Africa | 0.60% | - | |
Israel | - | 0.60% |
Mega |
|
51.53% |
Large |
|
20.40% |
Medium |
|
16.80% |
Small |
|
0.47% |
Non-Classified |
|
9.08% |
Cash |
|
1.73% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | TRADE DESK INC(THE) | 8.24% | Media | United States |
2 | AMAZON.COM | 7.63% | Retailers | United States |
3 | META PLATFORMS | 5.92% | Software & Computer Services | United States |
4 | NVIDIA CORPORATION | 5.22% | Technology Hardware & Equipment | United States |
5 | SHOPIFY | 5.14% | Software & Computer Services | Canada |
6 | NETFLIX | 4.86% | Media | United States |
7 | DOORDASH | 4.46% | Software & Computer Services | United States |
8 | TESLA | 4.12% | Automobiles & Parts | United States |
9 | CLOUDFLARE | 3.52% | Software & Computer Services | United States |
10 | WORKDAY INC | 3.16% | Software & Computer Services | United States |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 34.71% | - | - | - | - | - | - | 34.71% |
Telecommunications | - | 1.27% | - | - | - | - | - | - | 1.27% |
Financials | - | 0.41% | - | - | - | - | - | - | 0.41% |
Real Estate | - | 3.17% | - | - | - | - | - | - | 3.17% |
Consumer Discretionary | - | 37.27% | - | - | - | - | - | - | 37.27% |
Health Care | - | 13.98% | - | - | - | - | - | - | 13.98% |
Industrials | - | 7.47% | - | - | - | - | - | - | 7.47% |
Cash and Equivalents | - | - | - | - | - | - | - | 1.73% | 1.73% |
Non-Classified | - | - | - | - | - | - | - | - | - |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | B1YVPQ6 |
Mex Code | SBB |
Isin Code | GB00B1YVPQ60 |
Citi Code | AKA4 |
Annual Management Charge (AMC) | 1.35% |
Further Costs | 0.04% |
Yearly Total | 1.39% |
Aims | Objective: The investment strategy of the fund is to purchase units in the Baillie Gifford American Fund - the underlying fund. Underlying Fund Objective: The objective is to produce capital growth over the long term. The fund will invest principally in equities of companies which are listed, quoted, traded, incorporated, domiciled or conducting a significant portion of their business in the United States of America. Investment may be direct or indirect and the portfolio will be concentrated, usually between 30-50 stocks. The fund may also invest in other equities, cash and near cash. Up to (but no more than) 10% in value of the-fund may be invested in each of the following: (1) collective investment schemes, including those managed or operated by the ACD and (2) deposits. The fund will be actively managed, and investment may be made in any economic sector. Performance Objective: To outperform (after deduction of costs) the S&P 500 Index, as stated in sterling, by at least 1.5% per annum over rolling five-year periods. |
Benchmark | S&P 500 Index + 1.5% |
ABI Sector | North America Equities |
FE Crown |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Ratio | Value |
---|---|
Alpha | -18.83 |
Beta | 2.00 |
Sharpe | -0.04 |
Standard Deviation | 25.83 |
Info Ratio | -0.85 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
Emerging Markets | No |
Concentrated Portfolio | Yes |
Smaller Companies | No |
High Yield Bonds | No |
Sector Specific | No |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | No |
Exchange Rate | Yes |
Higher Risk | No |
Performance Charges | No |
Derivative Exposure | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | No |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.