Prudential Baillie Gifford American S2

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
30/06/20
to
30/06/21
30/06/21
to
30/06/22
Fund 32.3% 8.1% 43.6% 51.4% -50.1%
Sector 10.3% 8.7% 6.5% 24.2% -4.5%
Rank 3/178 135/180 4/182 4/183 180/183
Quartile 1 3 1 1 4

Annualised performance

Annualised
3 Years to
30/06/22
5 Years to
30/06/22
10 Years to
30/06/22
Fund 2.8% 9.2% 12.6%
Sector 8.1% 8.7% 11.6%
Rank 171/182 112/178 77/155
Quartile 4 3 2

Top 10 Holdings

Stock % Weight
TESLA INC 8.08
TRADE DESK INC(THE) 7.84
MODERNA INC 6.26
AMAZON.COM 6.00
SHOPIFY INC 4.90
NVIDIA CORP 3.60
ILLUMINA INC 3.59
COSTAR GROUP INC 3.14
ABIOMED INC 2.96
WATSCO INC 2.93
Total 49.30

Fund 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 Sub-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. Such investment may be direct or indirect and the portfolio will be concentrated. The Sub-fund may also invest in other equities, cash and near cash. Up to (but no more than) 10% in value of the Sub-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 Sub-fund will be actively managed and investment may be made in any economic sector.

Fund Manager

Tom Slater manager of the underlying fund for 6 years and 5 months

Photo of Tom Slater 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 Gibson manager of the underlying fund for 4 years and 6 months

Photo of Kirsty Gibson 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 Robinson manager of the underlying fund for 8 years and 2 months

Photo of Gary Robinson 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 Bujnowski manager of the underlying fund for 2 years and 1 months

Photo of Dave Bujnowski 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.

Fund Overview

Bid (01/07/2022) 403.00
Offer (01/07/2022) 424.20
Fund size (30/04/2022) £13.72m
Underlying Fund size £3053.40m
Number of holdings 45
Launch date 03/08/2007

Fund Charges

Annual Management Charge (AMC) 1.35%
Further Costs 0.03%
Yearly Total 1.38%

Asset Allocation

pie chart
  International Equities 98.71%
  Cash and Equivalents 1.29%
Portfolio data accurate as at: 31/05/22

Important Information

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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 98.71%
  Cash and Equivalents 1.29%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Consumer Discretionary 33.17% - - -
 
Media - 10.52% - -
 
Media - - 10.52% -
 
Media Agencies - - - 7.84%
 
Entertainment - - - 2.67%
 
Retail - 9.90% - -
 
Retailers - - 9.90% -
 
Diversified Retailers - - - 6.00%
 
Specialty Retailers - - - 3.90%
 
Automobiles & Parts - 8.83% - -
 
Automobiles & Parts - - 8.83% -
 
Automobiles - - - 8.83%
 
Consumer Products & Services - 3.32% - -
 
Consumer Services - - 3.32% -
 
Education Services - - - 3.32%
 
Travel & Leisure - 0.61% - -
 
Travel & Leisure - - 0.61% -
 
Recreational Services - - - 0.61%
 
Technology 27.53% - - -
 
Technology - 27.53% - -
 
Software & Computer Services - - 23.93% -
 
Software - - - 11.43%
 
Consumer Digital Services - - - 8.27%
 
Computer Services - - - 4.22%
 
Technology Hardware & Equipment - - 3.60% -
 
Semiconductors - - - 3.60%
 
Health Care 22.91% - - -
 
Health Care - 22.91% - -
 
Pharmaceuticals & Biotechnology - - 16.76% -
 
Biotechnology - - - 16.76%
 
Medical Equipment & Services - - 5.40% -
 
Medical Equipment - - - 5.40%
 
Health Care Providers - - 0.75% -
 
Health Care Services - - - 0.75%
 
Financials 4.63% - - -
 
Banks - 2.50% - -
 
Banks - - 2.50% -
 
Banks - - - 2.50%
 
Financial Services - 1.44% - -
 
Investment Banking & Brokerage Services - - 1.44% -
 
Investment Services - - - 1.44%
 
Insurance - 0.69% - -
 
Non-life Insurance - - 0.69% -
 
Full Line Insurance - - - 0.69%
 
Industrials 4.32% - - -
 
Construction & Materials - 2.93% - -
 
Construction & Materials - - 2.93% -
 
Building: Climate Control - - - 2.93%
 
Industrial Goods & Services - 1.40% - -
 
Industrial Support Services - - 1.40% -
 
Transaction Processing Services - - - 1.40%
 
Real Estate 3.82% - - -
 
Real Estate - 3.82% - -
 
Real Estate Investment & Services - - 3.82% -
 
Real Estate Services - - - 3.82%
 
Telecommunications 2.32% - - -
 
Telecommunications - 2.32% - -
 
Telecommunications Service Providers - - 2.32% -
 
Cable Television Services - - - 2.32%
 
Cash and Equivalents 1.29% - - -

Regional Allocation

pie chart
  North America 98.71%
  Cash and Equivalents 1.29%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 98.71% -
 
United States - 93.81%
 
Canada - 4.90%
 
Cash and Equivalents 1.29% -

Breakdown By Market Cap (%)

Mega
 
 
53.91%
Large
 
 
20.36%
Medium
 
 
15.78%
Small
 
 
5.35%
Non-Classified
 
 
3.31%
Cash
 
 
1.29%

Top 10 Holdings

Stock % Weight Sector Country
1 TESLA INC 8.08% Automobiles & Parts United States
2 TRADE DESK INC(THE) 7.84% Media United States
3 MODERNA INC 6.26% Pharmaceuticals & Biotechnology United States
4 AMAZON.COM 6.00% Retailers United States
5 SHOPIFY INC 4.90% Software & Computer Services Canada
6 NVIDIA CORP 3.60% Technology Hardware & Equipment United States
7 ILLUMINA INC 3.59% Pharmaceuticals & Biotechnology United States
8 COSTAR GROUP INC 3.14% Real Estate Investment & Services United States
9 ABIOMED INC 2.96% Medical Equipment & Services United States
10 WATSCO INC 2.93% Construction & Materials United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 27.53% - - - - - - 27.53%
Telecommunications - 2.32% - - - - - - 2.32%
Financials - 4.63% - - - - - - 4.63%
Real Estate - 3.82% - - - - - - 3.82%
Consumer Discretionary - 33.17% - - - - - - 33.17%
Health Care - 22.91% - - - - - - 22.91%
Industrials - 4.32% - - - - - - 4.32%
Cash and Equivalents - - - - - - - 1.29% 1.29%

Important Information

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.

Identification Codes

Sedol Code B1YVPQ6
Mex Code SBB
Isin Code GB00B1YVPQ60
Citi Code AKA4

Fund Charges

Annual Management Charge (AMC) 1.35%
Further Costs 0.03%
Yearly Total 1.38%

Aims and Benchmark

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 Sub-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. Such investment may be direct or indirect and the portfolio will be concentrated. The Sub-fund may also invest in other equities, cash and near cash. Up to (but no more than) 10% in value of the Sub-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 Sub-fund will be actively managed and investment may be made in any economic sector.
Benchmark S&P 500 Index + 1.5%
ABI Sector North America Equities

Ratings

FE Crown Crown Rating of 3

Important Information

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.

Risk Analysis

Ratio Value
Alpha -7.05
Beta 1.53
Sharpe 0.00
Standard Deviation 30.30
Info Ratio -0.19

Risk Factors

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

Fund Specific Risks

Concentrated Portfolio

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.

Value of Investments

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 Long Term

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.

Exchange Rate

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.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

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.

Important Information

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.