Baillie Gifford American

Introduction to the fund

Like other Baillie Gifford strategies, this fund invests in growth stocks. The team is co-managed by four managers who look for innovative companies disrupting industries, giving them the potential to grow by a multiple of their current size, and then having the conviction to hold these businesses for the long term. The portfolio is highly concentrated with around 50% of its value in its top 10 largest positions. This is a very volatile, stylistic fund. The fund will suffer if its growth style goes out of favour.

Fund manager

Gary Robinson, Tom Slater, Kirsty Gibson, Dave Bujnowski


As with many of its funds, Baillie Gifford takes a collegiate approach to running this portfolio, with a four-strong management team.

Tom Slater is head of the US equities team. He joined Baillie Gifford in 2000 and became a partner in 2012. He also took on the lead management role for the Scottish Mortgage Investment Trust in 2015. He has also worked in the Asian and UK Equity teams and achieved a BSc in Computer Science with Mathematics from the University of Edinburgh in 2000.

Gary Robinson joined Baillie Gifford in 2003 after graduating with a degree in Biochemistry from the University of Oxford. He spent time working on the Japanese, UK and European equity teams, before moving to the US equities team in 2008. Gary is a partner at the firm.

Kirsty Gibson joined Baillie Gifford in the US equities team in 2012. She then rotated around several small and large-cap global equities departments before returning. She graduated with an MA (Hons) in Economics in 2011 and an MSc in Carbon Management in 2012, both from the University of Edinburgh.

The most recent recruit to the team, Dave Bujnowski, joined Baillie Gifford in 2018. Prior to this, he co-founded Coburn Ventures in 2005, a consulting and investment company where he was partner, research analyst and portfolio manager. Dave graduated from Boston College in 1993, where he majored in Finance and Philosophy.

Opinion on fund

Baillie Gifford has a strong belief in the ‘growth’ philosophy, which this fund demonstrates fully. The experienced management team has a variety of different backgrounds meaning each manager will look at companies from a different angle. They also look for absolute winners – just wanting to find the best companies and backing them with conviction. Success is all about getting more right than wrong. This has generated excellent returns for investors in the past.

Fund performance

Documents

Key facts

  • Fund size

    £2,436.4m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    7.5

  • AMC

    0.50%

  • OCF

    0.52%

  • Unit Type

    Acc and Inc

  • Yield

    –

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
Information icon

Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.