Manager Research
We provide detailed institutional-quality global investment manager research and fund ratings. Based in South Africa and the UK,
all members of our manager research team have over ten years of investment experience.
all members of our manager research team have over ten years of investment experience.
Baillie Gifford announced changes to the investment objective and investment policy of the Baillie Gifford Managed fund. The proposed changes are as follows:
| Change to the Fund's investment objective | |
|
CURRENT |
|
| Capital growth over the long term | |
| Change to the Fund's investment policy | |
|
CURRENT |
|
| There are no defined limits to exposure to asset classes in the investment policy statement |
Asset class exposure limits have been introduced on equities and fixed income: - 60% minimum exposure to equities - 10% minimum exposure to the combination of cash and bonds |
We see this more as a formalisation and alignment of the investment policy and definitions of the fund to the investment process, rather than a change in process. There won’t be any changes to the way the fund is managed.
We have therefore retained our Tier 1 rating on the fund.
Changes to the Baillie Gifford Managed Fund
26 Jul 2019