Morningstar Fund Report  | 03/04/2025Print

Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc
Fund10.0-36.37.0-1.0-1.8
+/-Cat-3.9-24.5-3.6-1.3-6.4
+/-B’mrk-7.6-31.7-6.2-5.0-9.2
 
Category: Europe Flex-Cap Equity
Category Benchmark: Morningstar DM Eur TME NR EUR
Key Stats
NAV
02/04/2025		 GBP 11.27
Day Change -0.77%
Morningstar Category™ Europe Flex-Cap Equity
IA (formerly IMA) Sector -
ISIN IE00BG0PVQ91
Fund Size (Mil)
02/04/2025		 EUR 86.14
Share Class Size (Mil)
02/04/2025		 GBP 47.02
Max Initial Charge -
Ongoing Charge
18/02/2025		  0.65%
Investment Objective: Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc
The investment objective of the Fund is to maximise total return principally through investment in equity securities which are listed, traded or dealt on Regulated Markets across Europe. The Fund will invest primarily in the shares of companies in Europe which meet environmental, social and governance criteria and will exclude companies from certain industries and companies which are inconsistent with the United Nations Global Compact Principles for Business.
Returns
Trailing Returns (GBP)02/04/2025
YTD-2.17
3 Years Annualised-3.98
5 Years Annualised4.45
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Stephen Paice
31/10/2014
Chris Davies
30/09/2020
Inception Date
03/04/2018

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR EURMorningstar DM Eur TME NR EUR
Portfolio Profile for  Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc31/01/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.360.0099.36
Bond0.000.000.00
Property0.000.000.00
Cash0.640.000.64
Other0.000.000.00
Top 5 Regions%
Eurozone39.33
Europe - ex Euro35.06
United Kingdom13.92
Canada3.91
United States3.90
Top 5 Sectors%
Industrials24.82
Technology21.00
Communication Services14.97
Consumer Cyclical13.94
Healthcare10.73
Top 5 HoldingsSector%
Games Workshop Group PLCConsumer CyclicalConsumer Cyclical4.77
DSV ASIndustrialsIndustrials4.65
Topicus com Inc Ordinary Shares ... TechnologyTechnology3.89
Spotify Technology SACommunication ServicesCommunication Services3.87
Reply SpATechnologyTechnology3.80
Increase Decrease New since last portfolio
Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Baillie Gifford Worldwide Pan-European Fund Class B GBP Acc
Category:  Europe Flex-Cap Equity
Category Index:  Morningstar DM Eur TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 20192020202120222023202431/03
Price Return25.1536.3010.00-36.296.95-0.98-1.84
+/- Category8.9728.46-3.90-24.51-3.56-1.34-6.41
+/- Category Index6.0633.74-7.64-31.73-6.23-4.97-9.23
% Rank in Category3447299746093
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.77   -0.57-1.80
1 Week-4.15   -1.37-2.33
1 Month-7.78   -4.84-6.18
3 Months-2.72   -6.40-11.21
6 Months-7.51   -7.35-12.72
YTD-2.17   -5.85-10.66
1 Year-8.44   -8.11-14.61
3 Years Annualised-3.98   -6.55-12.47
5 Years Annualised4.45   -5.21-9.04
10 Years Annualised-   --
 
Category: Europe Flex-Cap Equity
Category Index: Morningstar DM Eur TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.84---
20245.99-0.821.08-6.81
20237.90-1.89-7.949.75
2022-23.81-21.77-5.7213.37
2021-1.9410.51-0.281.79
2020-17.1732.1113.759.50
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowHigh1 star
5-YearBelow AverageHigh1 star
10-Year--Not Rated
OverallBelow AverageHigh1 star
 
Category :  Europe Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev21.44 %
3-Yr Mean Return-2.40 %
 
3-Yr Sharpe Ratio-0.30
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur TME NR EUR  Morningstar EU Agg Tgt Alloc NR EUR
3-Yr Beta1.571.91
3-Yr Alpha-14.55-13.54
 
Investment Style Details31/01/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 17634-
Market Capitalisation% of Equity
Giant17.36
Large34.40
Medium41.32
Small6.09
Micro0.83
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings23.461.66
Price/Book3.131.77
Price/Sales2.972.93
Price/Cash Flow16.522.14
Dividend-Yield Factor1.110.32
 
Long-Term Projected Earnings Growth11.950.90
Historical Earnings Growth14.403.18
Sales Growth5.081.44
Cash-Flow Growth8.271.35
Book-Value Growth5.811.48
 
Category: Europe Flex-Cap Equity
Asset Allocation31/01/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.360.0099.36
Bond0.000.000.00
Property0.000.000.00
Cash0.640.000.64
Other0.000.000.00
World Regions31/01/2025
 % of EquityRelative to Category
United States3.901.13
Canada3.9147.74
Latin America0.000.00
United Kingdom13.920.87
Eurozone39.330.67
Europe - ex Euro35.061.69
Europe - Emerging3.898.12
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Europe Flex-Cap Equity
Sector Weightings31/01/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.420.27
Consumer CyclicalConsumer Cyclical13.941.24
Financial ServicesFinancial Services10.490.73
Consumer DefensiveConsumer Defensive1.640.22
HealthcareHealthcare10.730.79
Communication ServicesCommunication Services14.973.36
IndustrialsIndustrials24.821.07
TechnologyTechnology21.001.97
 
Category: Europe Flex-Cap Equity
Top 10 Holdings31/01/2025
 Portfolio NEW
Total Number of Equity Holdings43
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.83
NameSectorCountry% of Assets
Games Workshop Group PLC102United Kingdom4.77
DSV AS310Denmark4.65
Topicus com Inc Ordinary Shares (Sub ... 311Canada3.89
Spotify Technology SA308United States3.87
Reply SpA311Italy3.80
Schibsted ASA Class B308Norway3.80
Hypoport AG103Germany3.76
Prosus NV Ordinary Shares - Class N308Netherlands3.63
EQT AB Ordinary Shares103Sweden3.44
Novo Nordisk AS Class B206Denmark3.22
 
Increase Decrease New since last portfolio
Category: Europe Flex-Cap Equity
 
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 Date03/04/2018
Fund Advisor(s)
Baillie Gifford Overseas Limited
Fund ManagerStephen Paice
Manager Start Date31/10/2014
Education
2005, Glasgow Caledonian University, B.S.
 
Biography
Stephen graduated BSc in Financial Mathematics from Glasgow Caledonian University in 2005. He joined Baillie Gifford in the same year and trained as an Investment Manager in the US, UK Smaller Companies and Japanese equity teams before joining the European Equity Team. Stephen is a member of the Global Select Portfolio Construction Group and the Head of The European Equities Team.
Fund ManagerChris Davies
Manager Start Date30/09/2020
 
Biography
Mr. Davies joined Baillie Gifford in 2012, starting investment life on the European Equities Team before moving to Fixed Income and then the strategy International Alpha. He now works in the Global Alpha Team as an Investment Manager assisting the three decision makers. Mr. Davies grew up in Merthyr Tydfil in South Wales, and became besotted with music at an early age. His interest led him to take up the horn, which fuelled a lifelong passion for the performing arts and took him to Oxford’s Oriel College where he gained a first-class degree in music in 2009.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.55%
Ongoing Charge0.65%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes