Fact sheet: Baillie Gifford ActGilt+

Fund information
Fund name
Baillie Gifford Active Gilt Plus B Inc
Fund manager company
Baillie Gifford
Fund type
OEIC
Fund managers
  • Steven Haysince 31/12/2010
Fund objective
The objective is to produce a total return, before charges and expenses payable out of the Fund, in excess of the total return on the FTSE Actuaries UK Conventional Gilts All Stocks Index, or any successor or substitute index, by 1.5% per annum over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The Fund will invest primarily in: UK government bonds; overseas government bonds; and quasi-government bonds, some of which may be issued by developing countries. Currency forwards and derivatives will be used, in keeping with the Fund's objective, with the intention of either protecting or enhancing the return on the Fund. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes. More than 35% in value of the property of Baillie Gifford Active Gilt Plus Fund will be invested in Government and public securities issued or guaranteed by the Government of the United Kingdom.
Benchmark
  • FTSE Actuaries UK Conventional Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.9%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
1.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.39%
Fund size
£92m (£55m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
51
Mid price
162.9
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl27.6%
Architas MA Passive Dynamic23.9%
HSBC Wld Sel Dynamic Pfl21.7%
Architas MA Passive Growth20.9%
Aberdeen Stg Index-Linked Bd19.5%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-7%1.2%5.9%20.2%19.8%
Sector-0.1%-0.2%7%9.5%18.8%40.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund7%1.3%11.1%-5.9%3.5%
Sector9.4%1.7%5.7%9.6%9.3%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
4.81
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.22
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.31
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
7.49
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.64
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.02
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.03
Price movement
52 week high177
52 week low153.9
Current bid price-
Current offer price-
Current mid price162.9
Region
1UK98.9%
2Money Market1.1%
Industry sector
1Government Bonds98.9%
2Money Market1.1%
Asset type
1UK Gilts98.9%
2Money Market1.1%
Individual holdings
1TREASURY 4.25% GILT 07/12/49 GBP0.0113.7%
2TREASURY 2% GILT 07/09/25 GBP0.0113.5%
3TREASURY 4.25% GILT 07/12/55 GBP0.0112.7%
4UK TREASURY 4.25% 07/06/203210%
5TREASURY 1% GILT 07/09/17 GBP0.019.7%
6TREASURY 1.75% GILT 22/07/19 GBP0.017.6%
7TREASURY 4.75% GILT 07/12/38 GBP7.6%
8TREASURY 4.25% GILT 7/12/20277.5%
9TREASURY 5% GILT 07/03/18 GBP7%
Management
Fund manager group
Baillie Gifford
Fund manager company
Baillie Gifford
Fund type
OEIC
Fund objective
The objective is to produce a total return, before charges and expenses payable out of the Fund, in excess of the total return on the FTSE Actuaries UK Conventional Gilts All Stocks Index, or any successor or substitute index, by 1.5% per annum over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The Fund will invest primarily in: UK government bonds; overseas government bonds; and quasi-government bonds, some of which may be issued by developing countries. Currency forwards and derivatives will be used, in keeping with the Fund's objective, with the intention of either protecting or enhancing the return on the Fund. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes. More than 35% in value of the property of Baillie Gifford Active Gilt Plus Fund will be invested in Government and public securities issued or guaranteed by the Government of the United Kingdom.
Benchmark
  • FTSE Actuaries UK Conventional Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Steven Hay31/12/2010Steven graduated BAcc in Economics and Accountancy from the University of Glasgow in 1992 and completed an MSc in Economics from Warwick University in 1993. Prior to Baillie Gifford, Steven was a fixed income investment manager with Scottish Widows. His considerable experience includes seven years undertaking analysis and research for the Bank of England’s Monetary Policy Committee, and involvement in managing the UK’s foreign exchange reserves. Steven joined Baillie Gifford in 2004 and is Head of the Rates and Currencies Team.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Baillie Gifford Active Gilt Plus A Acc
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price242
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBG24
Baillie Gifford Active Gilt Plus A Inc
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price162.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBG25
Baillie Gifford Active Gilt Plus B Acc
Initial charge1%
Annual charge0.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price250
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLYJ7
Baillie Gifford Active Gilt Plus B Gr Acc
Initial charge1%
Annual charge0.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price249.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMS0F
Baillie Gifford Active Gilt Plus B Inc
Initial charge1%
Annual charge0.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price162.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBG16
Baillie Gifford Active Gilt Plus G Gr Acc
Initial charge-
Annual charge0.25%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price247.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMW0G
Data provided by

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