Fact sheet: Baillie Gifford Cash

Fund information
Fund name
Baillie Gifford Cash A Inc
Fund manager company
Baillie Gifford
Fund type
Unit Trust
Fund managers
  • Steven Haysince 31/05/2011
Fund objective
To provide a competitive money market yield without compromising security of capital. To achieve this objective, the property of the Fund will consist principally of call deposits with UK clearing banks or other eligible institutions having at least an equivalent credit rating. Up to 20% of the Fund's property may consist of term deposits of up to one month with the foregoing. From time to time, investment may be made in those short-term instruments in which investment is permissible for a money market fund in accordance with the Financial Services Authority's Collective Investment Schemes Sourcebook, as amended. The manager's current policy is to invest solely in sterling denominated deposits.
Benchmark
  • LIBOR
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
0.1%
1 Year rank in sector
6/8
Sector
UT Short Term Money Market
Yield
-0.1%
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.
0.13%
Fund size
£58m (£40m last year)
Top in this sector
Fund name1 Year
Royal London Short Tm Mny Mkt0.3%
Architas Liquidity0.3%
BlackRock Cash0.3%
Fidelity Grs Accumulating Csh0.2%
Fidelity Cash0.1%
...more in UT Short Term Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0%0.1%0.4%1%
Sector0%0%0.1%0.1%0.3%0.5%
Rank within sector5 / 97 / 98 / 96 / 84 / 82 / 8
Quartile3rd4th4th3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0.1%0.2%0.3%0.3%
Sector0.1%0.1%0%0%0.2%
Rank within sector6 / 84 / 83 / 81 / 83 / 8
Quartile3rd2nd2nd1st2nd
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.
0.16
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.
-0.21
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.
-
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%.
0.02
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.
0.03
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.
1.61
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.
0.1
Price movement
52 week high100.05
52 week low100.01
Current bid price-
Current offer price-
Current mid price100.01
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
1BANK OF SCOTLAND22.22%
2BNP22.22%
3HANDELSBANKEN22.22%
4HSBC22.22%
5ROYAL BANK OF CANADA13.72%
6BANK OF NEWYORK MELLON9.94%
Management
Fund manager group
Baillie Gifford
Fund manager company
Baillie Gifford
Fund type
Unit Trust
Fund objective
To provide a competitive money market yield without compromising security of capital. To achieve this objective, the property of the Fund will consist principally of call deposits with UK clearing banks or other eligible institutions having at least an equivalent credit rating. Up to 20% of the Fund's property may consist of term deposits of up to one month with the foregoing. From time to time, investment may be made in those short-term instruments in which investment is permissible for a money market fund in accordance with the Financial Services Authority's Collective Investment Schemes Sourcebook, as amended. The manager's current policy is to invest solely in sterling denominated deposits.
Benchmark
  • LIBOR
Investment style
None
Investment method
Deposits
Fund managers
NameSinceBiography
Steven Hay31/05/2011Steven 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 Cash A Acc
Initial charge-
Annual charge0.1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price111.982
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX632
Baillie Gifford Cash A Inc
Initial charge-
Annual charge0.1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price100.013
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBG02
Baillie Gifford Cash C Acc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGUJQ
Baillie Gifford Cash C Gr Inc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUJP
Baillie Gifford Cash C Inc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUJR
Data provided by

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