Morningstar Fund Report  | 06/01/2025Print

Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc

Performance History31/12/2024
Growth of 1,000 (GBP) Advanced Graph
Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc
Fund32.7-7.7-16.65.05.0
+/-Cat18.7-6.2-4.50.9-3.2
+/-B’mrk18.8-6.8-8.71.0-4.0
 
Key Stats
NAV
03/01/2025
 USD 17.27
Day Change 0.54%
Morningstar Category™ Global Emerging Markets Equity
ISIN IE00BW0DJL69
Fund Size (Mil)
03/01/2025
 USD 231.55
Share Class Size (Mil)
03/01/2025
 USD 113.98
Max Initial Charge -
Ongoing Charge
14/02/2024
  0.82%
Investment Objective: Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc
The investment objective of the Fund is to maximise the total return through investment primarily in a portfolio of companies deriving a substantial part of their income from, or having a substantial proportion of their assets located in, one or more Emerging Market Countries. It is not proposed to concentrate investments in any one country, market or sector.
Returns
Trailing Returns (GBP)03/01/2025
YTD1.31
3 Years Annualised-2.57
5 Years Annualised2.12
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Roderick Snell
30/11/2019
William Sutcliffe
29/03/2011
Click here to see others
Inception Date
23/07/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR USDMorningstar EM TME NR USD
Portfolio Profile for  Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc30/11/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.380.0099.38
Bond0.000.000.00
Property0.000.000.00
Cash0.620.000.62
Other0.000.000.00
Top 5 Regions%
Asia - Emerging43.87
Asia - Developed26.25
Latin America19.55
Europe - Emerging3.12
Canada2.63
Top 5 Sectors%
Technology26.00
Consumer Cyclical22.33
Financial Services22.13
Communication Services8.76
Energy8.76
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.54
Samsung Electronics Co LtdTechnologyTechnology7.87
MercadoLibre IncConsumer CyclicalConsumer Cyclical5.20
Tencent Holdings LtdCommunication ServicesCommunication Services4.85
Petroleo Brasileiro SA Petrobras... EnergyEnergy4.58
Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc
Growth Of 1000 (GBP) 31/12/2024
Fund:  Baillie Gifford Worldwide Emerging Markets Leading Companies Fund Class B USD Acc
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/12/2024
 201720182019202020212022202331/12
Price Return39.48-10.6925.2432.72-7.70-16.594.995.00
+/- Category15.960.5910.9718.66-6.24-4.530.88-3.23
+/- Category Index15.35-3.2310.8718.82-6.83-8.751.01-4.01
% Rank in Category1493488803378
Trailing Returns (GBP)03/01/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.54   0.360.61
1 Week0.28   -0.12-0.29
1 Month-1.00   -1.01-0.78
3 Months-6.27   -3.76-3.12
6 Months-1.82   -3.33-3.53
YTD1.31   0.380.57
1 Year8.83   -1.45-2.02
3 Years Annualised-2.57   -2.31-3.99
5 Years Annualised2.12   -0.08-0.96
10 Years Annualised-   --
 
Quarterly Returns (GBP)31/12/2024
 Quarter 1Quarter 2Quarter 3Quarter 4
20243.216.27-0.53-3.75
20233.460.01-0.552.03
2022-10.89-6.64-3.353.73
2021-0.993.92-7.43-3.10
2020-18.1224.438.6619.89
201912.276.06-0.225.41
 
 
 
Morningstar Rating™(Relative to Category)30/11/2024
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageHigh2 star
5-YearAbove AverageHigh3 star
10-Year--Not Rated
OverallAverageHigh3 star
 
Click here to see our Methodology
Volatility Measurements31/12/2024
 
3-Yr Std Dev17.01 %
3-Yr Mean Return-1.40 %
 
3-Yr Sharpe Ratio-0.30
 
Modern Portfolio Statistics31/12/202431/12/2024
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  MSCI EM NR USD
3-Yr Beta1.171.12
3-Yr Alpha-2.85-1.71
 
Investment Style Details30/11/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 74904-
Market Capitalisation% of Equity
Giant75.02
Large15.02
Medium8.20
Small1.76
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.370.97
Price/Book1.701.04
Price/Sales1.641.16
Price/Cash Flow4.390.58
Dividend-Yield Factor3.641.11
 
Long-Term Projected Earnings Growth15.821.37
Historical Earnings Growth3.621.00
Sales Growth9.021.15
Cash-Flow Growth-0.16-0.02
Book-Value Growth9.231.07
 
Asset Allocation30/11/2024
Asset Allocation
 % Long% Short% Net Assets
Stock99.380.0099.38
Bond0.000.000.00
Property0.000.000.00
Cash0.620.000.62
Other0.000.000.00
World Regions30/11/2024
 % of EquityRelative to Category
United States2.542.58
Canada2.6319.71
Latin America19.552.10
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging3.121.57
Africa2.040.57
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed26.250.89
Asia - Emerging43.870.90
 
Sector Weightings30/11/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.371.18
Consumer CyclicalConsumer Cyclical22.331.58
Financial ServicesFinancial Services22.130.92
Consumer DefensiveConsumer Defensive2.950.58
Communication ServicesCommunication Services8.760.90
EnergyEnergy8.762.64
IndustrialsIndustrials3.700.53
TechnologyTechnology26.001.06
 
Top 10 Holdings30/11/2024
 Portfolio NEW
Total Number of Equity Holdings48
Total Number of Bond Holdings0
Assets in Top 10 Holdings48.75
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.54
Samsung Electronics Co Ltd311Korea, Republic Of7.87
MercadoLibre Inc102Brazil5.20
Tencent Holdings Ltd308China4.85
Petroleo Brasileiro SA Petrobras ADR309Brazil4.58
Reliance Industries Ltd309India4.13
Ping An Insurance (Group) Co. of Chin... 103China3.52
HDFC Bank Ltd103India3.50
Meituan Class B102China2.94
First Quantum Minerals Ltd101Canada2.62
 
 
Management
Name of CompanyBaillie Gifford Investment Management (Europe) Limited
Phone-
Website -
Address4/5 School House Lane East
 Dublin   -
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date23/07/2015
Fund Advisor(s)
Baillie Gifford Overseas Limited
Fund ManagerRoderick Snell
Manager Start Date30/11/2019
Education
2006, University of Edinburgh, B.S.
 
Biography
Mr. Snell joined Baillie Gifford in 2006 and is a portfolio manager in the Emerging Markets Equity Team. Since March 2020, he has also been a manager on the China OEIC fund. He has managed the Baillie Gifford Pacific Fund since 2010 and has been Deputy Manager of Pacific Horizon Investment Trust since 2013. Mr. Snell graduated BSc (Hons) in Medical Biology from the University of Edinburgh in 2006.
Fund ManagerWilliam Sutcliffe
Manager Start Date29/03/2011
Education
1996, Glasgow University, M.A.
 
Biography
Will graduated MA in History from the University of Glasgow in 1996. He joined Baillie Gifford in 1999 and worked as an Investment Analyst in the UK and North American Equity Teams before joining the Emerging Markets Equity Team in 2001, where he is an Investment Manager. Will became a Partner in 2010. Will is a member of the Emerging Markets Investment Advisory Group and Emerging Markets Product Group.
Fund ManagerSophie Earnshaw
Manager Start Date30/11/2019
Career Start Year2010
Education
2008, University of Edinburgh, M.A.
2009, University of Cambridge, M.Ph.
 
Biography
Sophie Earnshaw, CFA, Portfolio Manager, joined Baillie Gifford Overseas Limited in 2010 and is an Investment Manager in the Emerging Markets Equity Team. Ms. Earnshaw joined the International Focus Portfolio Construction Group in 2014. Sophie graduated MA in English Literature from the University of Edinburgh in 2008 and an MPhil in Eighteenth Century and Romantic Literature from Cambridge University in 2009.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.72%
Ongoing Charge0.82%
Purchase Details
Minimum Investments
Initial1000000  USD
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes