Baillie Gifford Japanese Fund ClassB Acc

A Select 50 Fund - Fidelity insight

Category Japan Large-Cap Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

1,851.00p

arrow-down-15.00p (-0.80%)

Fund Code

BFJBA

0601113

GB0006011133

Prices updated as at 14 Nov 2024

Prices in GBX

Investment objective

The sub-Fund aims to outperform (after deduction of costs) the TOPIX, as stated in Sterling, by at least 1.5% per annum over rolling five-year periods. The sub-Fund will invest at least 90% in shares of Japanese companies being those which are listed, incorporated, domiciled or conducting a significant portion of their business in Japan. The sub-fund will be actively managed and will invest in companies of any size and sector.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: Baillie Gifford is an experienced 'growth' investor, but with a key differentiator. Like other growth investors, it invests in companies with higher-than-average growth rates, but it is more aggressive in pursuing this goal. The manager looks for a handful of mould-breaking companies that will disrupt an industry and eventually become long-term winners. This fund is run by an experienced manager, who is backed by a strong team. We believe this is important, as it can be a difficult investment approach to get right. As a firm, Baillie Gifford takes a very long-term view and the employee-owned business structure is supportive of this style of investing. How to use the fund: This fund invests in companies with excellent promise and potential for high future earnings. The market tends to value such companies quite highly. By contrast, 'value' investors, like the Schroder Japan Trust, seek companies with a depressed share price reflecting the market's belief that their prospects are less attractive. This fund should blend well with the Schroder Japan Trust and could form part of the riskier allocations in a diversified portfolio.

Important Information

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