BICIX Performance — Baillie Gifford International Smaller Companies Fund, Institutional Class
Data updated: 2025-08-26
BICIX returned +9.47% over one year to Jun 2025. Annualised returns are +7.52% over 3 years and +1.94% over 5 years. The fund trailed its International Blend category average: $100 invested three years ago grew to $124, against $160 for the category, and to $109 over one year, against $116. Volatility over the past three years was 20.86% a year. In the 12 months to Jun 2025 the fund lost a net $15.3M, and assets reached $287K.
BICIX Growth of $100
What $100 invested in Baillie Gifford International Smaller Companies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Blend category average over the same months.
| Period | BICIX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $109 | $116 |
| 3 years (Jul 2022 – Jun 2025) | $124 | $160 |
| 5 years (Jul 2020 – Jun 2025) | $110 | $167 |
| Since data start (Jul 2019 – Jun 2025) | $124 | $165 |
BICIX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.47% |
| 3 years (annualised) | +7.52% |
| 5 years (annualised) | +1.94% |
BICIX Annual Returns
Calendar-year total returns of Baillie Gifford International Smaller Companies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +10.70% |
| 2024 | −3.18% |
| 2023 | +13.25% |
| 2022 | −39.28% |
| 2021 | +6.48% |
| 2020 | +48.61% |
| 2019 (Jul–Dec) | +6.54% |
BICIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +5.5% | −1.5% | −4.8% | +7.3% | +6.3% | −1.9% | — | — | — | — | — | — |
| 2024 | −4.8% | +2.4% | −0.8% | −4.5% | +5.4% | +0.7% | +1.8% | +2.8% | +2.0% | −5.7% | +0.2% | −2.0% |
| 2023 | +10.1% | +0.7% | +1.4% | −0.8% | −2.8% | +3.7% | +0.9% | −5.7% | −7.1% | −7.3% | +12.8% | +9.2% |
| 2022 | −16.3% | −7.4% | −0.4% | −11.9% | −1.5% | −11.4% | +7.7% | −6.9% | −11.1% | +2.5% | +15.8% | −3.3% |
| 2021 | 0.0% | +0.4% | −1.6% | +7.3% | −2.5% | +1.7% | +0.4% | +4.0% | −5.2% | +4.0% | −3.9% | +2.3% |
| 2020 | −5.7% | −7.2% | −11.9% | +17.5% | +15.7% | +1.1% | +5.1% | +11.2% | +3.4% | −0.4% | +9.1% | +6.8% |
| 2019 | — | — | — | — | — | — | −3.2% | −4.3% | +3.6% | +4.6% | +4.8% | +1.2% |
BICIX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 20.86%
- 3-year Sharpe ratio: 0.14 (vs 4.5% risk-free rate)
- Best month: +15.81% (Nov 2022)
- Worst month: −11.06% (Sep 2022)
BICIX Fund Flows
Monthly money in and out of Baillie Gifford International Smaller Companies Fund, from SEC Form N-PORT.
- 12-month net flow: −$15.3M
- 12-month gross sales (incl. reinvestments): $221K
- Sales ÷ redemptions: 0.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $0 | $15.3M | −$15.3M |
| May 2025 | $0 | $0 | $0 |
| Apr 2025 | $0 | $0 | $0 |
| Mar 2025 | $0 | $0 | $0 |
| Feb 2025 | $0 | $40K | −$40K |
| Jan 2025 | $2K | $0 | $2K |
| Dec 2024 | $76K | $1K | $75K |
| Nov 2024 | $0 | $35K | −$35K |
| Oct 2024 | $2K | $0 | $2K |
| Sep 2024 | $0 | $0 | $0 |
| Aug 2024 | $120K | $122K | −$1K |
| Jul 2024 | $22K | $0 | $22K |
BICIX Assets Under Management
Net assets of Baillie Gifford International Smaller Companies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $287.17K |
| 2025-03-31 | $13.66M |
| 2024-12-31 | $13.84M |
| 2024-09-30 | $14.99M |
| 2024-06-28 | $14.00M |
| 2024-03-28 | $14.24M |
| 2023-12-29 | $14.79M |
| 2023-09-29 | $13.05M |
| 2023-06-30 | $14.71M |
| 2023-03-31 | $39.88M |
| 2022-12-30 | $35.50M |
| 2022-09-30 | $31.90M |
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.