The fund aims to outperform (after deduction of costs) the MSCI Europe ex UK Index, as stated in Sterling, by at least 1.5% per annum over rolling five-year periods.
Investment Policy The Sub-fund will invest at least 90% in shares of European companies being those which are listed, incorporated, domiciled or conducting a significant portion of their business in Europe (including Turkey and excluding the UK). The Sub-fund will be actively managed, concentrated and will invest in companies of any size, any European country and in any sector.
To the extent that the Sub-fund is not fully invested in shares of European companies, the Sub-fund may also invest in other transferable securities of European companies, money market instruments, deposits and cash. The Sub-fund may not invest in or otherwise use derivatives.
Fund Manager
Chris Daviesmanager
for
4 years
and 8 months
Chris joined Baillie Gifford in 2012 and is an Investment Manager in the Europe Team. He graduated BA (Hons) in Music from the University of Oxford in 2009 and went on to gain an MMus in Music Performance from the Royal Welsh School of Music and Drama in 2010 and an MSc in Music, Mind and Brain from Goldsmiths College in 2011.
Chris Howarthmanager
for
0 years
and 4 months
tbc
Stephen Paicemanager
for
13 years
and 1 months
Stephen is Head of the European Equity Team and a member of the Pan European Portfolio Construction Group. He joined Baillie Gifford in 2005 and spent time in the US, UK Smaller Companies and Japanese Equities Teams. Stephen graduated BSc (Hons) in Financial Mathematics in 2005.
Fund Overview
Mid (01/05/2024)
2770.00p
Historic yield
0.30%
Fund size (31/03/2024)
£409.23m
Number of holdings
42
Entry Charge
0.00%
Ongoing Charges
0.59%
Launch date
06/01/2000
Asset Allocation
International Equities
97.64%
UK Equities
1.51%
Cash and Equivalents
0.86%
Portfolio data accurate as at: 31/03/24
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
International Equities
97.64%
UK Equities
1.51%
Cash and Equivalents
0.86%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Consumer Discretionary
24.76%
-
-
-
Consumer Products & Services
-
15.58%
-
-
Personal Goods
-
-
11.37%
-
Clothing & Accessories
-
-
-
6.93%
Luxury Items
-
-
-
3.02%
Footwear
-
-
-
1.42%
Consumer Services
-
-
4.21%
-
Consumer Services: Misc.
-
-
-
4.21%
Travel & Leisure
-
6.94%
-
-
Travel & Leisure
-
-
6.94%
-
Airlines
-
-
-
6.94%
Media
-
2.24%
-
-
Media
-
-
2.24%
-
Radio & TV Broadcasters
-
-
-
2.24%
Technology
24.29%
-
-
-
Technology
-
24.29%
-
-
Software & Computer Services
-
-
18.50%
-
Consumer Digital Services
-
-
-
11.39%
Software
-
-
-
7.11%
Technology Hardware & Equipment
-
-
5.79%
-
Production Technology Equipment
-
-
-
4.89%
Semiconductors
-
-
-
0.90%
Industrials
23.41%
-
-
-
Industrial Goods & Services
-
18.39%
-
-
Industrial Engineering
-
-
7.92%
-
Machinery: Construction & Handling
-
-
-
5.34%
Machinery: Specialty
-
-
-
1.72%
Machinery: Industrial
-
-
-
0.87%
Electronic & Electrical Equipment
-
-
4.40%
-
Electrical Components
-
-
-
3.12%
Electronic Equipment: Gauges & Meters
-
-
-
1.28%
Industrial Support Services
-
-
3.15%
-
Transaction Processing Services
-
-
-
3.15%
Industrial Transportation
-
-
2.92%
-
Transportation Services
-
-
-
2.92%
Construction & Materials
-
5.03%
-
-
Construction & Materials
-
-
5.03%
-
Building Materials: Other
-
-
-
5.03%
Financials
13.43%
-
-
-
Financial Services
-
10.21%
-
-
Investment Banking & Brokerage Services
-
-
10.21%
-
Diversified Financial Services
-
-
-
7.53%
Asset Managers & Custodians
-
-
-
2.69%
Banks
-
3.21%
-
-
Banks
-
-
3.21%
-
Banks
-
-
-
3.21%
Health Care
9.28%
-
-
-
Health Care
-
9.28%
-
-
Pharmaceuticals & Biotechnology
-
-
5.80%
-
Biotechnology
-
-
-
5.80%
Medical Equipment & Services
-
-
3.48%
-
Medical Supplies
-
-
-
2.77%
Medical Services
-
-
-
0.71%
Basic Materials
3.41%
-
-
-
Chemicals
-
3.41%
-
-
Chemicals
-
-
3.41%
-
Specialty Chemicals
-
-
-
3.41%
Cash and Equivalents
0.86%
-
-
-
Consumer Staples
0.56%
-
-
-
Food, Beverage & Tobacco
-
0.56%
-
-
Beverages
-
-
0.56%
-
Brewers
-
-
-
0.56%
Regional Allocation
Developed Europe - Excl UK
91.20%
North America
6.44%
UK
1.51%
Cash and Equivalents
0.86%
Fixed Interest Currencies
Non-Fixed Interest Assets
99.07%
Cash
0.82%
Euro
0.11%
Regional Breakdown
Expand allCollapse all
Region
Country
Developed Europe - Excl UK
91.20%
-
Netherlands
-
18.34%
Sweden
-
16.55%
France
-
13.15%
Ireland
-
9.00%
Germany
-
6.66%
Switzerland
-
6.38%
Luxembourg
-
5.98%
Norway
-
5.74%
Italy
-
4.87%
Denmark
-
4.52%
North America
6.44%
-
Canada
-
5.16%
United States
-
1.28%
UK
1.51%
-
United Kingdom
-
1.51%
Cash and Equivalents
0.86%
-
Breakdown By Market Cap (%)
Mega
31.84%
Large
23.77%
Medium
26.76%
Small
0.96%
Micro
0.64%
Non-Classified
15.18%
Cash
0.86%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
RYANAIR HLDGS
5.44%
Travel & Leisure
Ireland
2
TOPICUS.COM INC
5.16%
Software & Computer Services
Canada
3
ASML HOLDING N.V.
4.89%
Technology Hardware & Equipment
Netherlands
4
SCHIBSTED ASA
4.87%
Software & Computer Services
Norway
5
PROSUS N.V.
4.17%
Software & Computer Services
Netherlands
6
ATLAS COPCO AB
3.87%
Industrial Engineering
Sweden
7
KINGSPAN GROUP
3.56%
Construction & Materials
Ireland
8
IMCD NV
3.41%
Chemicals
Netherlands
9
HYPOPORT SE
3.26%
Investment Banking & Brokerage Services
Germany
10
AVANZA BANK HOLDING AB
3.21%
Banks
Sweden
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
-
24.29%
-
-
-
-
-
-
24.29%
Financials
-
13.43%
-
-
-
-
-
-
13.43%
Consumer Discretionary
1.51%
23.26%
-
-
-
-
-
-
24.76%
Consumer Staples
-
0.56%
-
-
-
-
-
-
0.56%
Health Care
-
9.28%
-
-
-
-
-
-
9.28%
Industrials
-
23.41%
-
-
-
-
-
-
23.41%
Basic Materials
-
3.41%
-
-
-
-
-
-
3.41%
Cash and Equivalents
-
-
-
-
-
-
-
0.86%
0.86%
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
0605825
Mex Code
BGEBA
Isin Code
GB0006058258
Citi Code
BG90
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.59%
Aims and Benchmark
Aims
The fund aims to outperform (after deduction of costs) the MSCI Europe ex UK Index, as stated in Sterling, by at least 1.5% per annum over rolling five-year periods.
Investment Policy The Sub-fund will invest at least 90% in shares of European companies being those which are listed, incorporated, domiciled or conducting a significant portion of their business in Europe (including Turkey and excluding the UK). The Sub-fund will be actively managed, concentrated and will invest in companies of any size, any European country and in any sector.
To the extent that the Sub-fund is not fully invested in shares of European companies, the Sub-fund may also invest in other transferable securities of European companies, money market instruments, deposits and cash. The Sub-fund may not invest in or otherwise use derivatives.
Benchmark
MSCI Europe ex UK Index + 1.5%
Benchmark Category
-
IA Sector
Europe Excluding UK
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
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
3 days
Settlement Period: Sell
3 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.
Important Information
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. "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.