Part of our Foundation Fundlist Baillie Gifford Positive Change B Acc

SEDOL: BYVGKV5 | ISIN: GB00BYVGKV59 | MEX: BGILC | CITI: NGPB

  • Buy 160.1 GBX

  • Sell 160.1 GBX

  • Price Change -0.49720%

Past Performance

  • 17th Feb 2014 to 17th Feb 2015-
  • 17th Feb 2015 to 17th Feb 2016-
  • 17th Feb 2016 to 17th Feb 2017-
  • 17th Feb 2017 to 17th Feb 201835.63%
  • 17th Feb 2018 to 17th Feb 201911.26%

Objectives and Approach

The objective is to produce capital growth over the long term.Investment will be primarily in equities of companies whose products or behaviour, in the ACD’s opinion, make a positive social impact. This will include companies addressing critical challenges in areas such as, but not limited to; education, social inclusion, healthcare and the environment. The Sub-fund may also be invested in other transferable securities, money market instruments, collective investment schemes, deposits, cash and near cash. The Sub-fund will be invested globally and the portfolio will be concentrated.Investments will be made following a process of fundamental business analysis by the Investment Advisor using its own research to identify companies where delivering a positive impact is core to their business and whose products or services represent an improvement to the status quo.

Key Information

Inception 3rd Jan 2017
Yield 0.4000%
Sector IA Global
Fund Size £69.578mn
Fund Type OEIC
Classification Accumulation

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
0.6279%
Initial Charge 0%
AMC 0.50%
Our Platform Charge
We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet
0.35%

Part of our Foundation Fundlist Part of our Foundation Fundlist
WHY IS THIS FUND ON OUR FOUNDATION FUNDLIST?

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of £5,000 over 1 year assuming a net zero growth rate

Cost Category % of Investment £5000 lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
0.6279%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

£5,000 lump sum invested with an assumed growth rate of 5% 1 year 5 years
What you might get back at 5% with no charges applied

What you might get back at 5% with no charges applied

These are the illustrative values of a £5,000 investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of £5,000 assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of £5,000 assuming a 5% growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of £5,000 assuming a 5% growth rate
What you might get back at 5% with charges applied

What you might get back at 5% with charges applied

These are the illustrative values of a £5,000 investment after growth and costs at the end of the defined period

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of 5% applies evenly throughout the year, before any charges including product charges


This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of 5%. Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

  • Chart Options

    Select Timeframe
    From
    To
    Add comparator to chart
    None
    This fund's IA Sector (IA Global)
    Another IA Sector
    Add a Fund Manager to compare to the chart 1. Choose management group 2. Choose manager
    Search for Symbol Comparator
      Search for Fund Comparator
        Add a Cboe Index

        Current Comparators


        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          2.83% 1.01% -6.32% 11.26% - -

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

          The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



        Composition

        Important Documents


        The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

        Fund Provider Factsheet
        The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
        FUND PROVIDER FACTSHEET
        217,125 bytes PDF Document; last updated 31 Dec 2018
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        98,118 bytes PDF Document; last updated 23 Jan 2019
        Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
        ANNUAL REPORT
        1,627,940 bytes PDF Document; last updated 31 Dec 2017
        Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
        SEMI-ANNUAL REPORT
        1,579,879 bytes PDF Document; last updated 30 Jun 2018
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        747,920 bytes PDF Document; last updated 25 May 2018

        Management Team

        Lee Qian Julia Angeles Kate Fox Kirsty Gibson Will Sutcliffe

        Lee Qian Lee grew up in China during a period of incredible economic and social progress, when hundreds of millions of people were lifted out of poverty and the standard of living improved for the majority of the population. Witnessing that has influenced Lee deeply and he has been interested in development since. Lee graduated BA (Hons) in Economics and Management from Oxford University in 2012. Lee joined Baillie Gifford in 2012 and is an Investment Manager in the EAFE Alpha Research Team and a member of the Positive Change Fund Portfolio Construction Group.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        N/A

        Name of Security Sole/Co Managed Since
        Baillie Gifford PostivChng Co Jan 2017

        Julia Angeles has managed this fund for 2 years and 1 month.

        Julia Angeles Julia has a particular interest in healthcare. Julia’s core contention is that over the next 10 years healthcare systems around the world will experience a monumental change. She believes that we will witness a move away from traditional to a world where prevention and cure will become an integral part of healthcare. Julia holds a PhD in Economics from the University of Aarhus, Denmark and speaks fluent Russian and Danish. Before joining Baillie Gifford in April 2008, Julia worked as a Management Consultant at McKinsey & Company advising firms in Denmark, Russia and Hungary. Julia is currently an Investment Manager in the EAFE Alpha Team.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Julia

        Name of Security Sole/Co Managed Since
        Baillie Gifford PostivChng Co Jan 2017

        Kate Fox has managed this fund for 2 years and 1 month.

        Kate Fox Kate believes the financial community plays a crucial role in creating a more sustainable world for future generations. Kate’s experience analysing smaller companies has left her with a natural enthusiasm for businesses that address unmet needs or challenge the status quo, as well as an appreciation of their long-term potential. Kate graduated MA in Economics and Maths from the University of Edinburgh in July 2001. Kate is an Investment Manager in the European Equity Team and a member of the Positive Change Fund Portfolio Construction Group.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Kate

        Name of Security Sole/Co Managed Since
        Baillie Gifford PostivChng Co Jan 2017

        Kirsty Gibson has managed this fund for 2 years and 1 month.

        Kirsty Gibson Kirsty graduated MA (Hons) in Economics from the University of Edinburgh in 2011 and MSc in Carbon Management also from the University of Edinburgh in 2012. Kirsty joined Baillie Gifford in 2012 and is an Investment Manager in the US Equities Team. She is a member of the Positive Change Portfolio Construction Group.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Kirsty

        Name of Security Sole/Co Managed Since
        Baillie Gifford American Co Jan 2018
        Baillie Gifford American Co Jan 2018
        Baillie Gifford PostivChng Co Jan 2017

        Will Sutcliffe has managed this fund for 2 years and 1 month.

        Will Sutcliffe 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. He is a member of the Emerging Markets Investment Advisory Group and Emerging Markets Product Group.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Will

        Name of Security Sole/Co Managed Since
        Baillie Gifford EmgMkts LngCs Co Jan 2010
        Baillie Gifford EmgMkts LngCs Co Jan 2010
        Baillie Gifford PostivChng Co Jan 2017
        • Ethical investing used to be dominated by ‘middle of the road’ ex...

          8th Nov 2018 READ MORE
        • To meet growing demand we are pleased to add a selection of ethic...

          7th Nov 2018 READ MORE
        • Using an ISA allowance early last tax year generally paid off for...

          14th Apr 2018 READ MORE
        VIEW ALL NEWS

        The value of investments can fall as well as rise. Investors may get back less than invested. Past performance is not a reliable guide to future returns.
        Please contact us if you have any questions.