BPESX Performance — Baillie Gifford Positive Change Equities Fund, Institutional Class
Data updated: 2022-08-23
BPESX returned −38.19% over one year to Jun 2022. The annualised 3-year return is +15.26%. Against its Emerging Markets Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $153, against $102 for the category, and to $62 over one year, against $75. Volatility over the past three years was 27.54% a year. In the 12 months to Jun 2022 the fund took in a net $163.1M, and assets reached $138.66M.
BPESX Growth of $100
What $100 invested in Baillie Gifford Positive Change Equities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | BPESX | Category average |
|---|---|---|
| 1 year (Jul 2021 – Jun 2022) | $62 | $75 |
| 3 years (Jul 2019 – Jun 2022) | $153 | $102 |
BPESX Trailing Returns
Total returns to Jun 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −38.19% |
| 3 years (annualised) | +15.26% |
BPESX Annual Returns
Calendar-year total returns of Baillie Gifford Positive Change Equities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Jun) | −36.12% |
| 2021 | +9.15% |
| 2020 | +88.28% |
| 2019 (Jul–Dec) | +16.64% |
BPESX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −13.8% | −4.2% | +5.6% | −14.7% | −5.0% | −9.5% | — | — | — | — | — | — |
| 2021 | +8.4% | −1.7% | −4.6% | +5.7% | −1.6% | +6.6% | +4.9% | +5.3% | −6.8% | +3.8% | −6.3% | −3.3% |
| 2020 | +3.4% | −2.4% | −9.3% | +17.6% | +11.2% | +7.2% | +13.0% | +9.4% | −2.0% | −2.8% | +19.4% | +4.3% |
| 2019 | — | — | — | — | — | — | +0.4% | −4.5% | +3.1% | +4.8% | +6.7% | +5.6% |
BPESX Risk
Risk measures from monthly returns over Jul 2019 – Jun 2022.
- 3-year volatility (annualised): 27.54%
- 3-year Sharpe ratio: 0.39 (vs 4.5% risk-free rate)
- Best month: +19.40% (Nov 2020)
- Worst month: −14.74% (Apr 2022)
BPESX Fund Flows
Monthly money in and out of Baillie Gifford Positive Change Equities Fund, from SEC Form N-PORT.
- 12-month net flow: $163.1M
- 12-month gross sales (incl. reinvestments): $122.5M
- Sales ÷ redemptions: -3.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2022 | $12.0M | −$4.7M | $16.7M |
| May 2022 | $3.7M | −$4.0M | $7.7M |
| Apr 2022 | $7.1M | −$4.8M | $11.9M |
| Mar 2022 | $6.4M | −$6.7M | $13.0M |
| Feb 2022 | $6.8M | −$2.0M | $8.8M |
| Jan 2022 | $8.3M | −$7.5M | $15.8M |
| Dec 2021 | $25.1M | −$5.7M | $30.8M |
| Nov 2021 | $7.8M | −$703K | $8.5M |
| Oct 2021 | $22.1M | −$482K | $22.6M |
| Sep 2021 | $14.1M | −$321K | $14.4M |
| Aug 2021 | $6.0M | −$417K | $6.5M |
| Jul 2021 | $3.1M | −$3.4M | $6.5M |
BPESX Assets Under Management
Net assets of Baillie Gifford Positive Change Equities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-06-30 | $138.66M |
| 2022-03-31 | $178.17M |
| 2021-12-31 | $198.83M |
| 2021-09-30 | $178.73M |
| 2021-06-30 | $156.38M |
| 2021-03-31 | $120.71M |
| 2020-12-31 | $95.91M |
| 2020-09-30 | $66.15M |
| 2020-06-30 | $41.82M |
| 2020-03-31 | $24.59M |
| 2019-12-31 | $26.64M |
| 2019-09-30 | $20.29M |
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.