BGCWX Fees and Costs — Baillie Gifford EAFE Plus All Cap Fund, Class 2
Data updated: 2026-03-12
The net expense ratio is 0.66%: a 0.35% management fee, a 0.17% 12b-1 fee plus 0.14% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $98K in broker commissions, 0.0390% of average net assets, and portfolio turnover was 23%.
BGCWX Fees and Expenses
Annual operating expenses and sales charges of BGCWX. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.17% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BGCWX Costs Over Time
On $10,000 invested in BGCWX, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.66%) | $69 | $217 | $377 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,323 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
BGCWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0390%
- Total broker commissions: $98K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
BGCWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $27K | 34.66% |
| INSTINET, LLC | $11K | 13.67% |
| UBS Securities LLC | $8K | 10.34% |
| BNP PARIBAS SECURITIES CORP. | $7K | 9.24% |
| SG AMERICAS SECURITIES LLC | $6K | 7.55% |
| J.P. Morgan Securities LLC | $5K | 6.96% |
| JEFFERIES LLC | $5K | 6.23% |
| BARCLAYS CAPITAL, INC. | $4K | 4.48% |
| BOFA SECURITIES, INC. | $3K | 3.50% |
| CITIGROUP GLOBAL MARKETS INC. | $3K | 3.38% |
Baillie Gifford EAFE Plus All Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BGCJX | Class 3 | 0.59% | — |
| BGCWX | Class 2 | 0.66% | — |
| BKGCX | Class K | 0.66% | — |
| BGCSX | Institutional Class | 0.67% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.