BGIUX Fees and Costs — Baillie Gifford International Alpha Fund, Class 4
Data updated: 2026-08-24
The net expense ratio is 0.49%: a 0.35% management fee, a 0.07% 12b-1 fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $492K in broker commissions, 0.0229% of average net assets, and portfolio turnover was 19%.
BGIUX Fees and Expenses
Annual operating expenses and sales charges of BGIUX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.07% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BGIUX Costs Over Time
On $10,000 invested in BGIUX, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
BGIUX 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): 0.0229%
- Total broker commissions: $492K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
BGIUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $81K | 21.74% |
| JEFFERIES LLC | $81K | 21.67% |
| MORGAN STANLEY & CO. LLC | $44K | 11.87% |
| CITIGROUP GLOBAL MARKETS INC. | $36K | 9.51% |
| Joh. Berenberg, Gossler & Co. KG | $27K | 7.32% |
| UBS Securities LLC | $26K | 6.85% |
| INSTINET, LLC | $24K | 6.44% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $19K | 5.19% |
| RBC CAPITAL MARKETS, LLC | $18K | 4.87% |
| J&E Davy | $17K | 4.53% |
Baillie Gifford International Alpha Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BGIVX | Class 5 | 0.44% | — |
| BGIUX | Class 4 | 0.49% | — |
| BGIFX | Class 3 | 0.52% | — |
| BGIKX | Class K | 0.59% | — |
| BGITX | Class 2 | 0.59% | — |
| BINSX | Institutional Class | 0.69% | — |
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.