Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Baillie Gifford Investment Grade Long Bd

Ranked 6 out of 107 in - Sterling Corporate Bond over 36 months
All calculations are in GBP unless stated

Managed by

Gregory Turnbull Schwartz

Gregory Turnbull Schwartz is an investment manager in the Investment Grade Team at Baillie Gifford. Previously Schwartz spent 10 years as an investment manager at Kames Capital, and before that he was at Citigroup in New York and Schroders in London, primarily in corporate and project finance banking. His research responsibilities there were initially in non-financial credit and more recently in financials where he managed the financials team as well as a variety of segregated and pooled institutional funds. Schwartz graduated from the State University of New York (Binghamton) in 1994 with a BA in political Science (concentration in economics) and earned an MSc in economics from the University of Edinburgh later in his career. He is a CFA Charterholder.

Objective

The objective is to maximise total return, while achieving a higher level of income than would be available from investment only in comparable UK Gilts, by investing primarily in a diversified portfolio of investment grade long bonds denominated in sterling. Derivatives may be used from time to time in keeping with the Fund’s objective with the intention of either protecting or enhancing the return on the Fund. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Corporate Bond over : 31/03/2016 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 5.9%
2018 -1.9% -1.9% -0.3% -0.9% 1.2%
2017 6.3% 2.5% 0.9% 0.0% 2.8%
2016 13.7% 2.5% 7.7% 8.3% -4.8%
2015 0.9% 4.4% -5.2% 1.1% 0.8%
2014 16.0% 3.4% 2.6% 3.3% 5.9%
2013 2.0% 2.9% -4.8% 2.6% 1.4%
2012 17.5% 2.5% 4.5% 5.7% 3.8%
2011 12.8% 1.7% 2.4% 6.2% 2.0%
2010 12.3% 7.3% 1.0% 7.2% -3.4%
2009 24.6% -8.1% 13.6% 20.3% -0.8%
2008 -18.8% -9.1% 0.7% -6.8% -4.8%
2007 1.1% -0.3% -3.1% 0.6% 3.9%
2006 0.5% 0.7% -3.4% 4.0% -0.7%
2005 10.4% -0.1% 6.1% 0.8% 3.3%
2004 9.1% 1.4% -1.4% 4.5% 4.4%
2003 1.6% 1.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
European Investment Bank 5.000% 15-Apr-2039 3.04%
Network Rail Infrastructure Finance PLC 4.750% 29-Nov-2035 2.59%
GBP Cash 2.54%
KfW 5.750% 07-Jun-2032 2.47%
LCR Finance 5.100% 07-Mar-2051 2.05%
DWR CYMRU (FINANCING) LIMITED 6.015% 31-Mar-2028 1C 2.03%
International Bank for Reconstruction and Development 5.750% 07-Jun-2032 1.73%
Orsted A/S 5.750% 09-Apr-2040 1.65%
KfW 5.000% 09-Jun-2036 1.62%
NGG Finance 5.625% 18-Jun-2073 1.61%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date26/06/2003
  • Share Class size235Mn
  • Base currencyGBP
  • ISIN GB0032501818

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0

Charges

  • Annual management0.25%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).