Prudential Baillie Gifford American S5

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

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20
31/03/20
to
31/03/21
31/03/21
to
31/03/22
31/03/22
to
31/03/23
31/03/23
to
31/03/24
Fund 7.6% 83.8% -18.5% -25.4% 27.5%
Sector -3.6% 36.3% 13.6% -6.3% 21.9%
Rank 5/164 4/165 162/165 164/167 15/167
Quartile 1 1 4 4 1

Annualised performance

Annualised
3 Years to
31/03/24
5 Years to
31/03/24
10 Years to
31/03/24
Fund -8.1% 8.9% 12.9%
Sector 9.1% 11.3% 11.5%
Rank 162/165 133/164 36/151
Quartile 4 4 1

Top 10 Holdings

Stock % Weight
AMAZON.COM 7.74
NVIDIA CORP 7.59
SHOPIFY 7.53
TRADE DESK INC(THE) 7.36
META PLATFORMS 5.59
DOORDASH 4.93
NETFLIX 4.29
CLOUDFLARE 3.97
MODERNA 3.53
TESLA 3.45
Total 55.97

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 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.

Fund Manager

Gary Robinson manager of the underlying fund for 9 years and 11 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.

Fund Overview

Bid (22/04/2024) 487.40
Offer n/a
Fund size (31/03/2024) £13.74m
Underlying Fund size £3060.33m
Number of holdings 44
Launch date 19/06/2006

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.04%
Yearly Total 1.94%

Asset Allocation

pie chart
  International Equities 98.43%
  Cash and Equivalents 1.57%
Portfolio data accurate as at: 31/03/24

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 98.43%
  Cash and Equivalents 1.57%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 42.20% - - -
 
Technology - 42.20% - -
 
Software & Computer Services - - 34.61% -
 
Consumer Digital Services - - - 20.01%
 
Software - - - 8.92%
 
Computer Services - - - 5.68%
 
Technology Hardware & Equipment - - 7.59% -
 
Semiconductors - - - 7.59%
 
Consumer Discretionary 34.63% - - -
 
Media - 11.65% - -
 
Media - - 11.65% -
 
Media Agencies - - - 7.36%
 
Entertainment - - - 4.29%
 
Retail - 11.06% - -
 
Retailers - - 11.06% -
 
Diversified Retailers - - - 7.74%
 
Specialty Retailers - - - 3.32%
 
Consumer Products & Services - 6.52% - -
 
Consumer Services - - 3.88% -
 
Education Services - - - 3.88%
 
Leisure Goods - - 2.64% -
 
Electronic Entertainment - - - 1.89%
 
Recreational Products - - - 0.75%
 
Automobiles & Parts - 3.65% - -
 
Automobiles & Parts - - 3.65% -
 
Automobiles - - - 3.65%
 
Travel & Leisure - 1.77% - -
 
Travel & Leisure - - 1.77% -
 
Restaurants & Bars - - - 1.77%
 
Health Care 12.74% - - -
 
Health Care - 12.74% - -
 
Pharmaceuticals & Biotechnology - - 8.10% -
 
Biotechnology - - - 8.10%
 
Medical Equipment & Services - - 3.86% -
 
Medical Equipment - - - 3.86%
 
Health Care Providers - - 0.77% -
 
Health Care Services - - - 0.77%
 
Industrials 4.33% - - -
 
Construction & Materials - 2.53% - -
 
Construction & Materials - - 2.53% -
 
Building: Climate Control - - - 2.53%
 
Industrial Goods & Services - 1.80% - -
 
Industrial Support Services - - 1.67% -
 
Transaction Processing Services - - - 1.67%
 
Electronic & Electrical Equipment - - 0.12% -
 
Electronic Equipment: Control & Filter - - - 0.12%
 
Real Estate 2.91% - - -
 
Real Estate - 2.91% - -
 
Real Estate Investment & Services - - 2.91% -
 
Real Estate Services - - - 2.91%
 
Cash and Equivalents 1.57% - - -
 
Telecommunications 1.24% - - -
 
Telecommunications - 1.24% - -
 
Telecommunications Service Providers - - 1.24% -
 
Cable Television Services - - - 1.24%
 
Financials 0.38% - - -
 
Insurance - 0.38% - -
 
Non-life Insurance - - 0.38% -
 
Full Line Insurance - - - 0.38%
 
Non-Classified 0.00% - - -

Regional Allocation

pie chart
  North America 97.73%
  Cash and Equivalents 1.57%
  Middle East & Africa 0.70%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 97.73% -
 
United States - 90.20%
 
Canada - 7.53%
 
Cash and Equivalents 1.57% -
 
Middle East & Africa 0.70% -
 
Israel - 0.70%

Breakdown By Market Cap (%)

Mega
 
 
56.04%
Large
 
 
20.43%
Medium
 
 
16.39%
Small
 
 
0.29%
Non-Classified
 
 
5.27%
Cash
 
 
1.57%

Top 10 Holdings

Stock % Weight Sector Country
1 AMAZON.COM 7.74% Retailers United States
2 NVIDIA CORP 7.59% Technology Hardware & Equipment United States
3 SHOPIFY 7.53% Software & Computer Services Canada
4 TRADE DESK INC(THE) 7.36% Media United States
5 META PLATFORMS 5.59% Software & Computer Services United States
6 DOORDASH 4.93% Software & Computer Services United States
7 NETFLIX 4.29% Media United States
8 CLOUDFLARE 3.97% Software & Computer Services United States
9 MODERNA 3.53% Pharmaceuticals & Biotechnology United States
10 TESLA 3.45% Automobiles & Parts United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 42.20% - - - - - - 42.20%
Telecommunications - 1.24% - - - - - - 1.24%
Financials - 0.38% - - - - - - 0.38%
Real Estate - 2.91% - - - - - - 2.91%
Consumer Discretionary - 34.63% - - - - - - 34.63%
Health Care - 12.74% - - - - - - 12.74%
Industrials - 4.33% - - - - - - 4.33%
Cash and Equivalents - - - - - - - 1.57% 1.57%
Non-Classified - - - - - - - - -

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 B10SRM1
Mex Code PUBGFA
Isin Code GB00B10SRM13
Citi Code EP84

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.04%
Yearly Total 1.94%

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 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%
Sector ABI North America Equities

Ratings

FE Crown Crown Rating of 1

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 -22.31
Beta 2.12
Sharpe -0.03
Standard Deviation 27.70
Info Ratio -0.82

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.