[ BAILLIE GIFFORD ]
Fundamentally , that means businesses that seek to provide for the needs and wants of the people . As a base , the managers are looking for companies that can sustainably grow their earnings at around 10 % per annum . This may not sound spectacular , but , given that the average company is unlikely to grow at more than 5 % over the long run , the returns from a business growing at 10 %, compounding year after year after year , can be very meaningful . Monks is firmly convinced that the only way to deliver superior investment returns for shareholders is to ignore the short-term whims of the market and focus instead on committing capital for long periods of time to sustainably successful businesses . The portfolio will typically contain around 100 stocks offering diversity across geography and sector . Monks looks nothing like any index and has an active share of 87 %. The performance of the Trust should be judged on a long-term basis , preferably five to ten years . It is over such a timeframe that the managers aim to significantly outperform world markets . Finally , the trust is low cost in comparison to most global funds , with an ongoing charge of around 0.5 %.
Important information Baillie Gifford & Co and Baillie Gifford & Co Limited are authorised and regulated by the Financial Conduct Authority ( FCA ). The investments trusts managed by Baillie Gifford & Co Limited are listed UK companies and are not authorised and regulated by the Financial Conduct Authority . A Key Information Document is available by visiting www . bailliegifford . com .
Investment markets and conditions can change rapidly . The views expressed are those of the speaker , are not statements of fact , and should not be considered as advice or a recommendation to buy , sell or hold a particular investment . No reliance should be placed on these views when making investment decisions . The Trust invests in emerging markets where difficulties in dealing , settlement and custody could arise , resulting in a negative impact on the value of your investment .
All information is sourced from Baillie Gifford & Co and is current unless otherwise stated . trustnet . com