Baillie Gifford American Class B Acc

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

Performance

Discrete performance - to last month end

31/03/21
to
31/03/22
31/03/22
to
31/03/23
31/03/23
to
31/03/24
31/03/24
to
31/03/25
31/03/25
to
31/03/26
Fund -20.1% -29.1% 37.2% 6.0% -4.9%
Sector 16.1% -4.0% 25.1% 2.2% 11.8%
Rank 218/220 233/235 30/243 71/251 267/271
Quartile 4 4 1 2 4

Annualised performance

Annualised
3 Years to
31/03/26
5 Years to
31/03/26
10 Years to
31/03/26
Fund 11.4% -4.7% 14.0%
Sector 12.7% 9.8% 12.9%
Rank 172/243 219/220 44/144
Quartile 3 4 2

Top 10 Holdings

Stock % Weight
AMAZON.COM 7.95
META PLATFORMS 7.56
NVIDIA CORPORATION 6.79
NETFLIX 5.14
CLOUDFLARE 4.97
SHOPIFY 4.75
DOORDASH 3.74
GUARDANT HEALTH 3.07
TESLA 2.99
ENSIGN GROUP INC 2.91
Total 49.87

Fund Aims

The fund aims to outperform (after deduction of costs) the S&P 500 Index, as stated in sterling over rolling five-year periods.

Fund Manager

Kirsty Gibson manager for 8 years and 3 months

Photo of Kirsty Gibson Kirsty is an investment manager in the US Equity Growth Team. She joined Baillie Gifford in 2012 and became a partner in 2025. Kirsty has been involved in running the North American portfolio of the Managed and Global Core (UK) Strategies since 2021. Prior to joining the US Equity Growth Team, Kirsty also spent several years in the small and large-cap global equities departments. She graduated MA (Hons) in Economics in 2011 and MSc in Carbon Management in 2012, both from the University of Edinburgh.

Lillian Li manager for 0 years and 2 months

Photo of Lillian Li Lillian is an investment manager in the US Equity Growth Team and has been a decision maker since 2026. She joined Baillie Gifford in 2022. Before joining the firm, she worked at Eight Roads Ventures (Fidelity's VC arm) and Salesforce Ventures, where she led investments in growth-stage private companies across the US and Europe. Lillian also founded Chinese Characteristics, an acclaimed publication analysing US and Chinese innovation ecosystems. She holds an undergraduate degree in Economics from the University of Cambridge and a Masters in International Development from LSE.

Tom Slater manager for 10 years and 3 months

Photo of Tom Slater Tom is head of the US Equities Team. He joined Baillie Gifford in 2000 and became a partner 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, UK Equity and Long-Term Global Growth 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.

Gary Robinson manager for 11 years and 11 months

Photo of Gary Robinson Gary is an investment manager in the US Equity Growth Team. He joined Baillie Gifford in 2003 and became a partner in 2019. He worked on our Japanese, UK and European Equity teams before joining the US Equity Growth Team in 2008. Gary is a generalist investor but retains a special interest in the healthcare sector, dating back to his undergraduate degree. He graduated MBiochem in Biochemistry from Oxford University in 2003.

Dave Bujnowski manager for 5 years and 10 months

Photo of Dave Bujnowski Dave is an investment manager in the US Equity Growth Team. He joined Baillie Gifford in 2018 and became a partner in 2021. Before joining the firm, he co-founded Coburn Ventures in 2005. The company studies change to understand what shapes investment opportunities. Dave has also held various hedge fund roles. He began his career in 1996 at Warburg Dillon before joining UBS. Dave graduated from Boston College in 1993, where he majored in Finance and Philosophy.

Fund Overview

Mid (02/04/2026) 1458.00p
Historic yield 0.00%
Fund size (28/02/2026) £2077.70m
Number of holdings 49
Entry Charge 0.00%
Ongoing Charges 0.52%
Launch date 28/03/2002

Asset Allocation

pie chart
  International Equities 100.00%
Portfolio data accurate as at: 28/02/26

Important Information

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 ongoing charges, but take no account of product charges. Ongoing charges 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 income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 100.00%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 39.29% - - -
 
Technology - 39.29% - -
 
Software & Computer Services - - 32.51% -
 
Consumer Digital Services - - - 19.31%
 
Computer Services - - - 6.85%
 
Software - - - 6.34%
 
Technology Hardware & Equipment - - 6.79% -
 
Semiconductors - - - 6.79%
 
Consumer Discretionary 27.08% - - -
 
Retail - 10.14% - -
 
Retailers - - 10.14% -
 
Diversified Retailers - - - 7.95%
 
Specialty Retailers - - - 2.19%
 
Consumer Products & Services - 6.59% - -
 
Leisure Goods - - 3.58% -
 
Electronic Entertainment - - - 2.33%
 
Recreational Products - - - 1.25%
 
Household Goods & Home Construction - - 1.85% -
 
Household Appliance - - - 1.85%
 
Consumer Services - - 1.15% -
 
Education Services - - - 1.15%
 
Media - 5.14% - -
 
Media - - 5.14% -
 
Entertainment - - - 5.14%
 
Automobiles & Parts - 3.49% - -
 
Automobiles & Parts - - 3.49% -
 
Automobiles - - - 3.49%
 
Travel & Leisure - 1.72% - -
 
Travel & Leisure - - 1.72% -
 
Casinos & Gambling - - - 1.28%
 
Restaurants & Bars - - - 0.44%
 
Health Care 19.90% - - -
 
Health Care - 19.90% - -
 
Pharmaceuticals & Biotechnology - - 10.90% -
 
Biotechnology - - - 9.72%
 
Pharmaceuticals - - - 1.18%
 
Medical Equipment & Services - - 5.48% -
 
Medical Equipment - - - 3.72%
 
Medical Supplies - - - 1.76%
 
Health Care Providers - - 3.52% -
 
Health Care Facilities - - - 2.91%
 
Health Care Services - - - 0.60%
 
Industrials 8.37% - - -
 
Industrial Goods & Services - 4.87% - -
 
Industrial Support Services - - 2.77% -
 
Transaction Processing Services - - - 2.77%
 
Electronic & Electrical Equipment - - 1.14% -
 
Electronic Equipment: Control & Filter - - - 1.14%
 
Aerospace & Defence - - 0.95% -
 
Defense - - - 0.95%
 
Construction & Materials - 3.50% - -
 
Construction & Materials - - 3.50% -
 
Building: Climate Control - - - 2.14%
 
Building Materials: Other - - - 1.36%
 
Real Estate 3.08% - - -
 
Real Estate - 3.08% - -
 
Real Estate Investment & Services - - 2.38% -
 
Real Estate Services - - - 2.38%
 
Real Estate Investment Trusts - - 0.70% -
 
Storage REITs - - - 0.70%
 
Financials 1.49% - - -
 
Insurance - 1.03% - -
 
Non-life Insurance - - 1.03% -
 
Full Line Insurance - - - 1.03%
 
Financial Services - 0.47% - -
 
Investment Banking & Brokerage Services - - 0.47% -
 
Investment Services - - - 0.47%
 
Basic Materials 0.78% - - -
 
Basic Resources - 0.78% - -
 
Industrial Metals & Mining - - 0.78% -
 
Metal Fabricating - - - 0.78%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  North America 99.74%
  Middle East & Africa 0.26%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 99.74% -
 
United States - 94.99%
 
Canada - 4.75%
 
Middle East & Africa 0.26% -
 
Israel - 0.26%

Breakdown By Market Cap (%)

Mega
 
 
46.21%
Large
 
 
17.24%
Medium
 
 
20.03%
Small
 
 
2.91%
Non-Classified
 
 
13.61%

Top 10 Holdings

Stock % Weight Sector Country
1 AMAZON.COM 7.95% Retailers United States
2 META PLATFORMS 7.56% Software & Computer Services United States
3 NVIDIA CORPORATION 6.79% Technology Hardware & Equipment United States
4 NETFLIX 5.14% Media United States
5 CLOUDFLARE 4.97% Software & Computer Services United States
6 SHOPIFY 4.75% Software & Computer Services Canada
7 DOORDASH 3.74% Software & Computer Services United States
8 GUARDANT HEALTH 3.07% Pharmaceuticals & Biotechnology United States
9 TESLA 2.99% Automobiles & Parts United States
10 ENSIGN GROUP INC 2.91% Health Care Providers United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 39.29% - - - - - - 39.29%
Financials - 1.49% - - - - - - 1.49%
Real Estate - 3.08% - - - - - - 3.08%
Consumer Discretionary - 27.08% - - - - - - 27.08%
Health Care - 19.90% - - - - - - 19.90%
Industrials - 8.37% - - - - - - 8.37%
Basic Materials - 0.78% - - - - - - 0.78%
Non-Classified - - - - - - - - -

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 0606196
Mex Code BGAMAB
Isin Code GB0006061963
Citi Code BQ69

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.52%

Aims and Benchmark

Aims The fund aims to outperform (after deduction of costs) the S&P 500 Index, as stated in sterling over rolling five-year periods.
Benchmark S&P 500 Index
Benchmark Category -
IA Sector North America

Fund Background

Valuation frequency Daily
Valuation point 10:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
30 April 30 June

Ratings

FE Crown Crown Rating of 4

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
5.10% -

Fund Administration

Fund Trustee/Depository NatWest Trustee and Depositary Services Limited
Fund Administrator Internal
Fund Registrar Internal
Fund Custodian Bank of New York Mellon Trust & Depositary Co. Ltd

Group Details

Group name Baillie Gifford & Co
Group address Calton Square 1 Greenside Row Edinburgh EH1 3AN
Group telephone 0800 917 4752
Dealing telephone 0800 917 4750
Email trustenquiries@bailliegifford.com
Homepage www.bailliegifford.com/intermediaries
Fax number 0131 275 3955

Dealing

Minimum Investment £1000
Minimum Top Up £0
Minimum Regular Saving £50
Settlement Period: Buy 2 days
Settlement Period: Sell 2 days
Pricing Basis Forward
Dealing Decimals -

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.