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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$29.12

$652 M

0.00%

0.73%

Vitals

YTD Return

9.6%

1 yr return

32.6%

3 Yr Avg Return

-4.9%

5 Yr Avg Return

14.1%

Net Assets

$652 M

Holdings in Top 10

45.6%

52 WEEK LOW AND HIGH

$29.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$29.12

$652 M

0.00%

0.73%

BGLTX - Profile

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return -4.9%
  • 5 Yr Annualized Total Return 14.1%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio -0.60%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Baillie Gifford Long Term Global Growth Fund
  • Fund Family Name
    Baillie Gifford Funds
  • Inception Date
    Jun 10, 2014
  • Shares Outstanding
    2998240
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    GB
  • Manager
    Mark Urquhart

Fund Description

The Fund seeks to meet its objective by investing in a portfolio of global common stocks and other equity securities, without reference to benchmark constraints.

While the portfolio managers are not constrained by geographic limitations, the Fund ordinarily invests in securities of issuers located in at least six different countries. In addition, under normal circumstances, the Fund invests at least 40% of its total assets in securities of companies located outside the U.S. when market conditions are favorable, but, when market conditions are not favorable, invests at least 30% of its total assets in companies located outside the U.S. The Fund may invest in issuers located in emerging markets.

The Fund typically invests primarily in issuers with a market capitalization of more than $4 billion at the time of purchase and may participate in initial public offerings ("IPOs") and in securities offerings that are not registered in the U.S.

The portfolio managers employ a bottom-up approach to stock selection and select investments without regard to the geographic, industry, sector, or individual company weightings on any index. The portfolio managers focus on company research and the long-term outlook of companies and industries. Ideas can come from a wide variety of sources, including, but not limited to, research trips, company meetings, and relationships with industry thought leaders and academic institutions. Stock ideas are normally researched to assess a range of factors, including: long-term growth potential, geographic and industry positioning, competitive advantage, management, financial strength and valuation. The intended outcome is a portfolio of between 30 and 60 growth stocks with the potential to outperform the Fund's benchmark over the long term. The process can result in significant exposure to a single country or a small number of countries, and the Fund expects to have considerable exposure to Chinese companies including through China A shares, which are common stocks and other equity securities that are listed or traded on a Chinese stock exchange and which are quoted in renminbi, the official currency of China. The Fund is a non-diversified fund, which means that it may invest a relatively large percentage of its assets in a small number of issuers, industries or sectors. The Fund aims to hold securities for long periods (typically at least 5 years), which generally results in relatively low portfolio turnover and is in line with the portfolio managers' long-term investment outlook. Consistent with this investment outlook, the portfolio managers seek to identify companies with the potential to sustain financial growth over the long term. When assessing a company's long-term growth prospects, the portfolio managers seek to identify and to incorporate a range of factors that are material to managing the Fund's investment risks and maximizing capital appreciation. Such factors potentially include the environmental, social, and/or governance characteristics of the company, such as stewardship, sustainable business practices, and/or corporate culture.

The Fund invests in equity securities either directly or indirectly, such as through depositary receipts, and may invest in preferred stocks, convertible securities and warrants. The Fund may invest without limitation in securities quoted or denominated in currencies other than the U.S. dollar and may hold such currencies. The Fund does not expect to engage in currency

hedging and thus expects to be fully exposed to currency fluctuations relative to the U.S. dollar.

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BGLTX - Performance

Return Ranking - Trailing

Period BGLTX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -35.6% 29.2% 93.06%
1 Yr 32.6% 17.3% 252.4% 2.95%
3 Yr -4.9%* -3.5% 34.6% 0.24%
5 Yr 14.1%* 0.1% 32.7% 0.13%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period BGLTX Return Category Return Low Category Return High Rank in Category (%)
2023 36.6% -24.3% 957.1% 1.54%
2022 -48.1% -38.3% 47.1% 2.65%
2021 -2.6% -54.2% 0.6% 18.44%
2020 85.9% -76.0% 54.1% 0.15%
2019 33.3% -26.1% 47.8% 91.71%

Total Return Ranking - Trailing

Period BGLTX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -35.6% 29.2% 93.29%
1 Yr 32.6% 11.4% 252.4% 2.73%
3 Yr -4.9%* -3.5% 34.6% 0.24%
5 Yr 14.1%* 0.1% 32.7% 0.13%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period BGLTX Return Category Return Low Category Return High Rank in Category (%)
2023 36.6% -24.3% 957.1% 1.54%
2022 -46.0% -33.1% 47.1% 2.65%
2021 2.5% -44.4% 1.8% 37.42%
2020 101.8% -6.5% 54.1% 0.15%
2019 33.5% -14.4% 47.8% 96.17%

NAV & Total Return History


BGLTX - Holdings

Concentration Analysis

BGLTX Category Low Category High BGLTX % Rank
Net Assets 652 M 199 K 133 B 35.86%
Number of Holdings 37 1 9075 84.47%
Net Assets in Top 10 297 M -18 M 37.6 B 27.53%
Weighting of Top 10 45.61% 9.1% 100.0% 19.91%

Top 10 Holdings

  1. NVIDIA Corp 6.99%
  2. PDD Holdings Inc 6.46%
  3. Amazon.com Inc 6.28%
  4. ASML Holding NV 4.47%
  5. Atlassian Corp 4.05%
  6. Dexcom Inc 3.72%
  7. Shopify Inc 3.57%
  8. Tesla Inc 3.48%
  9. Adyen NV 3.33%
  10. Cloudflare Inc 3.27%

Asset Allocation

Weighting Return Low Return High BGLTX % Rank
Stocks
98.35% 61.84% 125.47% 58.37%
Cash
1.65% -174.70% 23.12% 37.11%
Preferred Stocks
0.00% -0.01% 5.28% 47.80%
Other
0.00% -13.98% 19.14% 53.63%
Convertible Bonds
0.00% 0.00% 4.46% 41.96%
Bonds
0.00% -1.50% 161.67% 44.60%

Stock Sector Breakdown

Weighting Return Low Return High BGLTX % Rank
Consumer Cyclical
32.86% 0.00% 40.94% 0.55%
Technology
30.57% 0.00% 49.87% 35.68%
Healthcare
18.69% 0.00% 35.42% 31.94%
Communication Services
12.61% 0.00% 57.66% 4.30%
Industrials
2.44% 0.00% 44.06% 98.90%
Financial Services
1.86% 0.00% 38.42% 98.90%
Consumer Defense
0.72% 0.00% 73.28% 82.71%
Real Estate
0.27% 0.00% 39.48% 62.44%
Utilities
0.00% 0.00% 29.12% 82.49%
Energy
0.00% 0.00% 21.15% 79.52%
Basic Materials
0.00% 0.00% 38.60% 91.30%

Stock Geographic Breakdown

Weighting Return Low Return High BGLTX % Rank
US
77.23% 0.13% 103.82% 71.04%
Non US
21.12% 0.58% 99.46% 27.09%

BGLTX - Expenses

Operational Fees

BGLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.01% 44.27% 85.52%
Management Fee 0.45% 0.00% 1.82% 18.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% 41.08%

Sales Fees

BGLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% 98.84%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BGLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 97.92%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BGLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 395.00% 51.72%

BGLTX - Distributions

Dividend Yield Analysis

BGLTX Category Low Category High BGLTX % Rank
Dividend Yield 0.00% 0.00% 3.26% 41.47%

Dividend Distribution Analysis

BGLTX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

BGLTX Category Low Category High BGLTX % Rank
Net Income Ratio -0.60% -4.27% 12.65% 91.25%

Capital Gain Distribution Analysis

BGLTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Distributions History

View More +

BGLTX - Fund Manager Analysis

Managers

Mark Urquhart


Start Date

Tenure

Tenure Rank

Jun 10, 2014

7.98

8.0%

Mark graduated BA in Philosophy, Politics and Economics from Oxford University in 1992. He spent a year at Harvard as a Kennedy Scholar in 1993 before completing a PhD in Politics at the University of Edinburgh in 1996. Mark joined Baillie Gifford in 1996 and was an Investment Manager in the Japanese Equity Team, until joining our Long Term Global Growth Team when it was established in 2003. Mark became a Partner in 2004.

John MacDougall


Start Date

Tenure

Tenure Rank

Dec 31, 2015

6.42

6.4%

John joined Baillie Gifford in 2000 and became a Partner of Baillie Gifford & Co. in 2012 after graduating MA in Ancient and Modern History from Oxford University. After a year in the North American department John joined the Japanese team where, from 2007 onwards, he managed the Shin Nippon Investment Trust which invests in high growth, small and medium sized companies. In 2011, John moved to the recently established Global Discovery team which focuses on identifying rapidly growing, innovation led, smaller businesses from around the world. During this period he had a particular focus on unearthing new investment opportunities in Emerging Markets, and Asia in particular. In late 2015 John joined the Long Term Global Growth Team. He will continue as Deputy Manager of our global small cap investment trust, Edinburgh Worldwide.

Robert Wilson


Start Date

Tenure

Tenure Rank

Jan 20, 2022

0.36

0.4%

Robert joined Baillie Gifford in 2016 as an Investment Analyst in the Long Term Global Growth Team. He was a recipient of the Mellon Fellowship to Yale in 2016, where he graduated MA, prior to which he graduated BA (Hons) in Philosophy from the University of Cambridge in 2015.

Gemma Barkhuizen


Start Date

Tenure

Tenure Rank

Jan 20, 2022

0.36

0.4%

Gemma joined Baillie Gifford in September 2017. She was an analyst in the Long Term Global Growth Team and one of the managers of the Global Outliers strategy. She graduated MA in Modern History from The University of Durham in 2017. Prior to this, Gemma also graduated BA (Hons) in History BA double major in History and Philosophy Rhodes University in South Africa.

Michael Pye


Start Date

Tenure

Tenure Rank

Jan 20, 2022

0.36

0.4%

Michael graduated PhD in International Relations from the University of St Andrews in 2013, having previously received an MA in Classics from the University of Cambridge in 2008. From 2008-2010 he worked as a producer for a start-up film company. Since joining Baillie Gifford, he has worked in the UK, Multi Asset, and US Teams before joining the Long Term Global Growth Team as an Investment Manager in 2017. Michael is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25