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Trending ETFs

Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.40

$75.6 M

4.64%

$0.34

0.99%

Vitals

YTD Return

16.0%

1 yr return

14.6%

3 Yr Avg Return

-8.0%

5 Yr Avg Return

12.8%

Net Assets

$75.6 M

Holdings in Top 10

64.8%

52 WEEK LOW AND HIGH

$7.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 54.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.40

$75.6 M

4.64%

$0.34

0.99%

BTLSX - Profile

Distributions

  • YTD Total Return 16.0%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return 12.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.11%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Baillie Gifford International Concentrated Growth Equities Fund
  • Fund Family Name
    Baillie Gifford Funds
  • Inception Date
    Dec 14, 2017
  • Shares Outstanding
    7181087
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    GB
  • Manager
    Lawrence Burns

Fund Description

The Fund seeks to meet its objective by investing in an international portfolio of common stocks and other equity securities of issuers located in countries of developed and emerging markets.

Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund may invest up to 20% of its net assets in common stocks and other equities of companies located in the U.S. The Fund invests in equity securities either directly or indirectly, such as through depositary receipts, and may invest in preferred stocks, convertible securities and warrants. The Fund is not constrained with respect to market capitalization and may participate in initial public offerings ("IPOs") and in securities offerings that are not registered in the U.S.

The portfolio managers employ a bottom-up approach to stock selection and principally select companies without being constrained by the MSCI ACWI ex USA benchmark. The portfolio managers focus on company research and the long-term outlook of companies and industries. Ideas can come from a wide variety of sources, including, but not limited to, research trips, company meetings, and relationships with industry thought leaders and academic institutions. Stock ideas are normally researched to assess a range of factors, including: long-term growth potential, geographic and industry positioning, competitive advantage, management, financial strength and valuation. The intended outcome is a portfolio of between 20 and 35 growth stocks with the potential to outperform the Fund's benchmark over the long term. The process can result in significant exposure to a single country or a small number of countries, which in recent periods has included China. The Fund is a non-diversified fund, which means that it may invest a relatively large percentage of its assets in a small number of issuers, industries, or sectors. The Fund aims to hold securities for long periods (typically at least 5 years) which generally results in relatively low portfolio turnover and is in line with the portfolio managers' long-term investment outlook. Consistent with this investment outlook, the portfolio managers seek to identify companies with the potential to sustain financial growth over the long term. When assessing a

company's long-term growth prospects, the portfolio managers seek to identify and to incorporate a range of factors that are material to managing the Fund's investment risks and maximizing capital appreciation. Such factors potentially include the environmental, social, and/or governance characteristics of the company, such as stewardship, sustainable business practices, and/or corporate culture.

The Fund may invest without limitation in securities quoted or denominated in currencies other than the U.S. dollar and may hold such currencies. The Fund does not expect to engage in currency hedging and thus expects to be fully exposed to currency fluctuations relative to the U.S. dollar.

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BTLSX - Performance

Return Ranking - Trailing

Period BTLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.0% -5.7% 28.5% 4.58%
1 Yr 14.6% -4.9% 32.2% 11.20%
3 Yr -8.0%* -19.0% 9.9% 91.03%
5 Yr 12.8%* -1.8% 13.8% 0.30%
10 Yr N/A* -0.4% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period BTLSX Return Category Return Low Category Return High Rank in Category (%)
2023 14.7% -0.4% 28.6% 42.75%
2022 -43.1% -49.5% -13.3% 98.21%
2021 -19.7% -22.2% 19.3% 98.14%
2020 -3.7% -4.9% 85.0% 98.89%
2019 45.1% -4.0% 45.1% 0.31%

Total Return Ranking - Trailing

Period BTLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.0% -5.7% 28.5% 4.58%
1 Yr 14.6% -4.9% 32.2% 11.20%
3 Yr -8.0%* -19.0% 9.9% 91.03%
5 Yr 12.8%* -1.8% 13.8% 0.30%
10 Yr N/A* -0.4% 9.5% N/A

* Annualized

Total Return Ranking - Calendar

Period BTLSX Return Category Return Low Category Return High Rank in Category (%)
2023 14.7% 1.8% 28.6% 66.41%
2022 -39.6% -44.4% -11.0% 98.21%
2021 0.8% -20.6% 20.5% 87.53%
2020 96.9% -4.9% 97.1% 0.56%
2019 45.3% 0.5% 45.3% 0.31%

NAV & Total Return History


BTLSX - Holdings

Concentration Analysis

BTLSX Category Low Category High BTLSX % Rank
Net Assets 75.6 M 191 K 137 B 90.08%
Number of Holdings 28 4 1799 97.20%
Net Assets in Top 10 52.3 M 65.4 K 36.5 B 83.46%
Weighting of Top 10 64.81% 12.7% 100.2% 2.29%

Top 10 Holdings

  1. MercadoLibre Inc 11.56%
  2. ASML Holding NV 11.23%
  3. NVIDIA Corp 9.01%
  4. Spotify Technology SA 7.60%
  5. Adyen NV 6.31%
  6. Ferrari NV 4.53%
  7. Hermes International SCA 4.49%
  8. Meituan 3.80%
  9. Moderna Inc 3.28%
  10. Kering SA 3.00%

Asset Allocation

Weighting Return Low Return High BTLSX % Rank
Stocks
98.59% 87.07% 104.45% 32.06%
Cash
1.41% 0.00% 16.26% 62.34%
Preferred Stocks
0.00% 0.00% 4.57% 93.64%
Other
0.00% -0.33% 2.14% 89.82%
Convertible Bonds
0.00% 0.00% 2.45% 91.33%
Bonds
0.00% 0.00% 0.07% 91.86%

Stock Sector Breakdown

Weighting Return Low Return High BTLSX % Rank
Consumer Cyclical
46.28% 0.00% 46.28% 0.51%
Technology
23.47% 1.51% 38.21% 13.52%
Healthcare
13.86% 1.36% 29.58% 61.99%
Communication Services
8.90% 0.00% 41.13% 18.88%
Consumer Defense
4.93% 0.00% 25.77% 84.69%
Financial Services
1.32% 0.00% 38.62% 98.21%
Industrials
1.24% 0.68% 31.28% 97.96%
Utilities
0.00% 0.00% 9.05% 94.90%
Real Estate
0.00% 0.00% 6.64% 95.92%
Energy
0.00% 0.00% 24.97% 98.47%
Basic Materials
0.00% 0.00% 23.15% 99.74%

Stock Geographic Breakdown

Weighting Return Low Return High BTLSX % Rank
Non US
56.71% 0.00% 100.08% 93.89%
US
41.88% 0.00% 100.16% 5.34%

BTLSX - Expenses

Operational Fees

BTLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.01% 13.07% 55.50%
Management Fee 0.57% 0.00% 1.50% 25.95%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.17% 0.03% 0.80% 88.89%

Sales Fees

BTLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BTLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BTLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 7.00% 149.00% 81.21%

BTLSX - Distributions

Dividend Yield Analysis

BTLSX Category Low Category High BTLSX % Rank
Dividend Yield 4.64% 0.00% 12.70% 97.19%

Dividend Distribution Analysis

BTLSX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

BTLSX Category Low Category High BTLSX % Rank
Net Income Ratio 0.11% -1.69% 3.16% 57.58%

Capital Gain Distribution Analysis

BTLSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

BTLSX - Fund Manager Analysis

Managers

Lawrence Burns


Start Date

Tenure

Tenure Rank

Dec 14, 2017

4.46

4.5%

Lawrence Burns joined Baillie Gifford as portfolio manager in 2009; member of the International Growth strategy’s portfolio construction group since 2012.

Paulina Sliwinska


Start Date

Tenure

Tenure Rank

Dec 14, 2017

4.46

4.5%

Ms. Sliwinska is co-manager of International Concentrated Growth. She is also an analyst in the International Growth Team and has spent time working with regional and global equity teams. She joined Baillie Gifford in 2013 and graduated MA (Hons) Arabic and Politics from the University of Edinburgh in 2013.

Spencer Adair


Start Date

Tenure

Tenure Rank

Sep 06, 2021

0.73

0.7%

Spencer joined Baillie Gifford in 2000 and is an Investment Manager in the Global Alpha Team. He became a Partner in 2013 and has also spent time working in the Fixed Income, Japanese, European and UK Equity Teams. Spencer graduated BSc in Medicine from the University of St Andrews in 1997, followed by two years of clinical training in Edinburgh.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.67 20.01