Baillie Gifford Japanese

An equity fund investing in large sized Japanese companies.

The Baillie Gifford Japanese fund offers the investor a concentrated portfolio of stocks driven by conviction. The manager applies a set of qualitative criteria to single out companies with high earnings growth expectations, in sectors which have earnings growth potential. As the fund will often make contrarian bets versus the index in favour of these sectors, performance can deviate from the benchmark. This has produced a strong long term track record, with the fund outperforming in rising markets but also managing to protect capital in falling markets.