Fact sheet: Edinburgh Worldwide IT PLC

Fund information
Fund name
Edinburgh Worldwide IT PLC
Fund manager company
Baillie Gifford & Company
Fund type
Investment Trust
Fund managers
  • John MacDougallsince 27/01/2014
  • Douglas Brodiesince 27/01/2014
Accolades
Fund objective
The trust aims for capital growth from a global portfolio of immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long term growth potential.
Benchmark
  • S&P Global Small Cap Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6.4%
1 Year rank in sector
22/25
Sector
IT Global
Yield
-
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.
1.02%
Fund size
£235m
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.
100
Mid price
480.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
549.01
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-11.29
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
114
Top in this sector
Fund name1 Year
Lindsell Train IT plc56.7%
British Empire Trust plc36.5%
Monks IT PLC29.7%
The Scottish Inv Tst PLC25.3%
JPM Gbl Grw&Inc plc24.8%
...more in IT Global

Performance snapshot

Holdings snapshot

  • North America45.5%
    UK25.4%
    Japan8.3%
    Money Market4.2%
    Germany3.3%
  • No data available.
  • North American Equities45.5%
    UK Equities25.4%
    Japanese Equities8.3%
    Money Market4.2%
    German Equities3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%0.1%12.7%6.4%23.6%98.8%
Sector-0.4%3.7%17%16.6%32.8%79.1%
Rank within sector10 / 2523 / 2518 / 2522 / 2520 / 2510 / 25
Quartile2nd4th3rd4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.2%19%-3.1%39.3%23.5%
Sector15.8%6.8%7.4%21%12%
Rank within sector23 / 253 / 2525 / 252 / 256 / 25
Quartile4th1st4th1st1st
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.
-8.43
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.
1.65
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.
0.15
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%.
19.67
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.
15.21
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.
-0.24
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.
0.48
Price movement
52 week high500
52 week low378
Current bid price480.5
Current offer price484.75
Current mid price480.5
Region
1North America45.5%
2UK25.4%
3Japan8.3%
4Money Market4.2%
5Germany3.3%
6Others2.4%
7Australasia2%
8Italy2%
9Switzerland1.7%
Industry sector
No data available.
Asset type
1North American Equities45.5%
2UK Equities25.4%
3Japanese Equities8.3%
4Money Market4.2%
5German Equities3.3%
6International Equities2.4%
7Asia Pacific Equities2%
8Italian Equities2%
9Swiss Equities1.7%
Individual holdings
1MARKETAXESS HLDGS INC6.7%
2IP GROUP2.7%
34D PHARMA PLC2.6%
4IPG PHOTONICS CORP2.5%
5IROBOT CORP2.5%
6TESLA MOTORS INC2.4%
7ALNYLAM PHARMACEUTICALS INC2.1%
8OCADO GROUP PLC1.8%
9TEMENOS GROUP AG1.6%
Management
Fund manager group
Baillie Gifford
Fund manager company
Baillie Gifford & Company
Fund type
Investment Trust
Fund objective
The trust aims for capital growth from a global portfolio of immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long term growth potential.
Benchmark
  • S&P Global Small Cap Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John MacDougall27/01/2014John joined Baillie Gifford in 2000 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
Douglas Brodie27/01/2014Douglas graduated BSc in Molecular Biology & Biochemistry from Durham University in 1997 and with a DPhil in Molecular Immunology from Oxford University in 2001. He joined Baillie Gifford in 2001 and is Head of the Global Discovery Team. Douglas became a Partner in 2015 and is a CFA Charterholder.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Edinburgh Worldwide IT PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price541.76
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJDT
Data provided by

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