Morningstar Fund Report  | 17/04/2025Print

Baillie Gifford Strategic Bond Fund B Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Baillie Gifford Strategic Bond Fund B Accumulation
Fund-0.6-16.09.16.71.4
+/-Cat-0.6-7.12.02.1-0.2
+/-B’mrk1.3-2.53.33.90.2
 
Category: Global Flexible Bond - GBP Hedged
Category Benchmark: Morningstar Gbl Core Bd GR ...
Key Stats
NAV
16/04/2025		 GBX 246.20
Day Change 0.16%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB0005947857
Fund Size (Mil)
15/04/2025		 GBP 348.72
Share Class Size (Mil)
31/03/2025		 GBP 164.66
Max Initial Charge -
Ongoing Charge
06/02/2025		  0.53%
Investment Objective: Baillie Gifford Strategic Bond Fund B Accumulation
The Sub-fund aims to produce monthly income. Opportunities for capital growth are also sought, subject to prevailing market conditions. The Sub-fund will invest at least 80% in a diversified portfolio of investment grade and sub-investment grade bonds, issued by corporate issuers, public bodies and supranationals, and developed market government bonds. The Sub-fund will be actively managed through bond selection and strategic asset allocation.
Returns
Trailing Returns (GBP)16/04/2025
YTD0.82
3 Years Annualised2.03
5 Years Annualised1.71
10 Years Annualised2.69
12 Month Yield 5.58
Management
Manager Name
Start Date
Robert Baltzer
01/03/2024
Lesley Dunn
10/01/2018
Click here to see others
Inception Date
21/06/2000

Category Benchmark
Fund BenchmarkMorningstar Benchmark
70% ICE BofA Sterling Non-Gilt TR GBP ,  30% ICE BofA Euran Ccy HY Constnd TR HGBPMorningstar Gbl Core Bd GR Hdg GBP
Portfolio Profile for  Baillie Gifford Strategic Bond Fund B Accumulation31/03/2025
Fixed Income
Effective Maturity8.79
Effective Duration4.76
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond121.5610.53111.04
Property0.000.000.00
Cash64.2777.19-12.92
Other1.880.001.88
Growth Of 1000 (GBP) 31/03/2025
Fund:  Baillie Gifford Strategic Bond Fund B Accumulation
Category:  Global Flexible Bond - GBP Hedged
Category Index:  Morningstar Gbl Core Bd GR Hdg GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-1.6711.506.17-0.56-15.979.056.681.43
+/- Category1.183.380.94-0.57-7.111.962.08-0.24
+/- Category Index-1.885.180.981.27-2.523.273.880.22
% Rank in Category2712396691242359
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.16   -0.150.10
1 Week0.53   0.430.54
1 Month-0.24   0.21-0.90
3 Months0.86   -0.39-0.76
6 Months1.48   0.850.80
YTD0.82   -0.09-0.36
1 Year7.04   1.501.40
3 Years Annualised2.03   -0.221.12
5 Years Annualised1.71   -0.422.49
10 Years Annualised2.69   0.801.77
 
Category: Global Flexible Bond - GBP Hedged
Category Index: Morningstar Gbl Core Bd GR Hdg GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.43---
20241.490.862.991.20
20231.14-0.801.427.16
2022-6.12-9.17-6.855.80
2021-1.511.86-0.28-0.60
2020-10.1011.102.034.19
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAbove Average2 star
5-YearAverageAbove Average3 star
10-YearAbove AverageAbove Average4 star
OverallAbove AverageAbove Average3 star
 
Category :  Global Flexible Bond - GBP HedgedClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev7.89 %
3-Yr Mean Return2.16 %
 
3-Yr Sharpe Ratio-0.24
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Core Bd GR Hdg GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta1.030.68
3-Yr Alpha1.881.53
 
Fixed Income Style31/03/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 350
Maturity Distribution %
1 to 38.67
3 to 522.73
5 to 719.59
7 to 1019.16
10 to 151.17
15 to 201.40
20 to 306.42
Over 301.90
Effective Maturity8.79
Effective Duration4.76
Credit Quality Breakdown %     %
AAA7.53   BB8.84
AA4.86   B18.44
A12.48   Below B0.01
BBB42.54   Not Rated5.30
 
Category: Global Flexible Bond - GBP Hedged
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond121.5610.53111.04
Property0.000.000.00
Cash64.2777.19-12.92
Other1.880.001.88
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings86
Assets in Top 10 Holdings36.17
NameSectorCountry% of Assets
Euro Schatz Future June 25Germany10.49
Long Gilt Future June 25United Kingdom3.88
Euro Bobl Future June 25Germany3.81
United Kingdom of Great Britain and N... United Kingdom3.57
Rothesay Life PLC 8%United Kingdom2.62
Barclays PLC 7.125%United Kingdom2.49
DnB Bank ASA 4%Norway2.41
Telereal Securitisation plc 7.53069%United States2.40
Berkeley Group Plc 2.5%United Kingdom2.33
Realty Income Corporation 5.125%United States2.16
 
Increase Decrease New since last portfolio
Category: Global Flexible Bond - GBP Hedged
 
Management
Name of CompanyBaillie Gifford & Co Limited.
Phone44 0131 275 2000
Websitewww.bailliegifford.com
AddressCalton Square
 Edinburgh   EH1 3AN
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date21/06/2000
Fund Advisor(s)
Baillie Gifford & Co
Fund ManagerRobert Baltzer
Manager Start Date01/03/2024
Education
2001, Durham University, M.M.
 
Biography
Robert graduated with MMath from Durham University in 2001. He joined Baillie Gifford in the same year and is an Investment Manager in the Credit Team. Robert is a CFA Charterholder and is the chair of the trustees of our own Pension Fund.
Fund ManagerLesley Dunn
Manager Start Date10/01/2018
Education
2000, University of Strathclyde, B.S.
 
Biography
Lesley Dunn - graduated from Strathclyde University with a BSc (Hons) in Maths, Statistics & Economics in 2000. She worked for Scottish Widows Investment Partnership for 15 years, initially in the investment grade team before moving to manage the company’s high yield portfolios. Lesley is an Investment Manager in the High Yield Team & is a CFA Charterholder.
Fund ManagerTheo Golden
Manager Start Date31/12/2024
Education
2021, Durham University, B.A.
 
Biography
Theo is an investment manager in the Credit Team, co-managing our Strategic Bond Strategy, and chair of the Corporate Credit Macro Group. Prior to joining Baillie Gifford in 2021, Theo was a financial journalist from 2019, with roles at news outlets including Bloomberg, Business Insider, and Mergermarket. Theo graduated BA in Music from Durham University in 2021 and is a CFA Charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.50%
Ongoing Charge0.53%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes