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Baillie Gifford Global Discovery
Sara G
Posted: 22 May 2018 17:00:08(UTC)
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mcminvest;62653 wrote:
Sara G;62646 wrote:
mcminvest;62626 wrote:
Sara G;62621 wrote:
I believe it is the open-ended equivalent of EWI, which is my best performing IT over the past year or so. The OEIC has underperformed the lT during that period - probably due to gearing and the premium - but the OEIC is still a good choice in my view. You could always transfer to the IT if it falls to a discount in the future.


Thanks Sara! Any thoughts on UK? I think managed is better and Mid/Small CAP Funds give better returns.


For UK small and mid caps I hold SLS, ASL (growth and value styles respectively) and RMMC, bought recently when it fell to a discount due to a change in management. Generally for the UK I'm focused on individual shares at the moment though as that is where I am seeing the most value.

On the original question I have to agree with KL to a large extent - the reason I have done so well with EWI is that I bought it when it was in the doldrums and on a discount, and BG had just decided to tilt the fund towards small caps. That's not to say you've missed the boat on this or the Discovery fund, but it may be safer to drip feed rather than go all in at this point.


Sara, thanks, I am seeing an AMC of 0.75% and also an ongoing charge of 5.52% for RMMC, I find it hard to believe the charge is 5.52%. I got my info from RMMC website and the AIC. Can you let me know what it actually is? ta!


According to Morningstar the Ongoing Charge is 1.28% and on the HL costs tab the average total costs are closer to 3%. I think they have included the performance fee in the 5.52% - RMMC had a really good run last year.
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Tim D on 23/05/2018(UTC)
Tyrion Lannister
Posted: 22 May 2018 19:22:56(UTC)
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This discussion got me thinking. I’ve been a fan of BG Global Discovery/EWI from the sidelines for a while and finally decided to take the plunge.

I’ve lost patience with FCS so sold all of it today and switched to EWI. I especially like the focus on technology/Pharma.
Charles Hughes
Posted: 23 May 2018 12:41:35(UTC)
#23

Joined: 15/12/2011(UTC)
Posts: 2

Go for a gut feeling about the manager and his 'pickings'. but avoid Woodford, remember what goes up always comes down at some point - \it's a case of timing. Good luck!
mcminvest
Posted: 23 May 2018 13:10:45(UTC)
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Charles Hughes;62749 wrote:
Go for a gut feeling about the manager and his 'pickings'. but avoid Woodford, remember what goes up always comes down at some point - \it's a case of timing. Good luck!


Thanks Charles, I'll be putting it in based on your's and everyone else's responses!
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Tyrion Lannister on 23/05/2018(UTC)
Tyrion Lannister
Posted: 23 May 2018 23:36:01(UTC)
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mcminvest;62751 wrote:
Charles Hughes;62749 wrote:
Go for a gut feeling about the manager and his 'pickings'. but avoid Woodford, remember what goes up always comes down at some point - \it's a case of timing. Good luck!


Thanks Charles, I'll be putting it in based on your's and everyone else's responses!


If you feel it’s right for you, pgo for it!

I’ve been watching this fund for 5 years and have just invested £25K. I feel good about that because I like the companies Brodie invests in, my only regret is that I didn’t do it 5 years ago!

My timing might not be perfect, but over the long term I’m confident it’ll be a very good investment.
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J Thomas on 26/05/2018(UTC)
J Thomas
Posted: 26 May 2018 10:13:45(UTC)
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Thanks to all forum members for bringing this fund to my attention. After researching for the past four days, I have now allocated 10% of my SIPP into Baillie Gifford Global Discovery.
I have a gut feeling it will do well over the next five years, based on the top ten holdings and geographical spread of the investments.
mcminvest
Posted: 26 May 2018 10:16:26(UTC)
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J Thomas;62937 wrote:
Thanks to all forum members for bringing this fund to my attention. After researching for the past four days, I have now allocated 10% of my SIPP into Baillie Gifford Global Discovery.
I have a gut feeling it will do well over the next five years, based on the top ten holdings and geographical spread of the investments.


That's the way I assessed it also, and you are welcome!
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J Thomas on 26/05/2018(UTC)
Apostate
Posted: 26 May 2018 10:24:34(UTC)
#28

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Baillie Gifford have certainly have a great 10 years with their global funds - seems to be mostly with NASDAQ listed shares.
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