Baillie Gifford Positive Change Fund B Accumulation

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Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
Baillie Gifford Positive Change Fund B Accumulation
Fund10.8-21.99.34.31.2
+/-Cat-3.7-3.8-6.8-10.90.0
+/-B’mrk-7.2-2.9-13.0-19.71.4
 
Key Stats
NAV
28/03/2025
 GBX 323.20
Day Change -0.77%
Morningstar Category™ Global Large-Cap Growth Equity
IA (formerly IMA) Sector Global
ISIN GB00BYVGKV59
Fund Size (Mil)
28/03/2025
 GBP 1676.45
Share Class Size (Mil)
28/02/2025
 GBP 1112.47
Max Initial Charge -
Ongoing Charge
06/02/2025
  0.54%
Morningstar Research
Analyst Report02/05/2024
Ronald van Genderen, Senior Analyst
Morningstar, Inc

Baillie Gifford Positive Change builds on the firm’s long-standing experience in growth investing, with an impact objective added on top. Nonetheless, some reservations about its investment team and the strategy’s bold portfolio hold back our...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent25
Process23
Performance
Price
Investment Objective: Baillie Gifford Positive Change Fund B Accumulation
The Sub-fund aims to outperform (after deduction of costs) the MSCI ACWI Index, as stated in sterling, by at least 2% per annum over rolling five-year periods. The Sub-fund will invest at least 90% in shares or other transferable securities (such as ADRs) of companies anywhere in the world whose products and/or services contribute to the Impact. The Impact Outcomes may evolve over time and are reviewed by the Investment Adviser on a regular basis. The Sub-fund will be actively managed, concentrated and will invest in companies of any size, and in any sector, provided they are assessed in line with the Investment Adviser’s proprietary qualitative framework and Theory of Change as having products and/or services which contribute to the Impact.
Returns
Trailing Returns (GBP)28/03/2025
YTD-4.15
3 Years Annualised-0.69
5 Years Annualised11.91
10 Years Annualised-
12 Month Yield 0.28
Management
Manager Name
Start Date
Kate Fox
03/01/2017
Lee Qian
03/01/2017
Click here to see others
Inception Date
03/01/2017
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBP + 2%Morningstar Gbl Growth TME NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Baillie Gifford Positive Change Fund B Accumulation31/01/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock100.360.00100.36
Bond0.000.000.00
Property0.000.000.00
Cash0.410.78-0.36
Other0.000.000.00
Top 5 Regions%
United States47.65
Asia - Developed13.50
Latin America9.95
Eurozone9.66
Asia - Emerging7.44
Top 5 Sectors%
Technology39.57
Healthcare17.35
Industrials12.32
Financial Services10.75
Consumer Cyclical10.41
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology7.82
MercadoLibre IncConsumer CyclicalConsumer Cyclical6.66
Shopify Inc Registered Shs -A- S... TechnologyTechnology5.60
Duolingo IncTechnologyTechnology5.39
ASML Holding NVTechnologyTechnology5.10
Baillie Gifford Positive Change Fund B Accumulation

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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