Baillie Gifford International Stock Portfolio
Data updated: 2026-08-27
C000017777 — Baillie Gifford International Stock Portfolio. Holdings, fees, performance and SEC filings.
C000017777 Fund Overview
Baillie Gifford International Stock Portfolio is a US mutual fund managed by Brighthouse Funds Trust II, categorised as Developed ex-US Mid Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brighthouse Funds Trust II
- Category: Developed ex-US Mid Cap Blend / Core Industrials Equity
- Assets under management: $1.29B
- 1-year return: 8.2%
- SEC CIK: 0000710826
- SEC series ID: S000006502
- Share class ID: C000017777
C000017777 Investment Objective and Strategy
Baillie Gifford International Stock Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust II.
Investment objective
Long-term growth of capital.
Principal investment strategy
Baillie Gifford Overseas Limited (Baillie Gifford or Subadviser), subadviser to the Portfolio, normally invests the Portfolios assets primarily in non-U.S. securities. The Portfolio normally invests at least 80% of its net assets in stocks. Stocks include common stocks and preferred stocks. The Portfolio typically invests in companies with a minimum market capitalization of $1 billion. The Portfolio normally invests in at least four different countries and at least 65% of its total assets in no fewer than three different countries outside the U.S. The Portfolio may make significant investments in securities of emerging market issuers, and the percentage of the Portfolio invested in emerging market issuers may exceed, under normal circumstances, the percentage of the MSCI All Country World ex-U.S.
Index (the Index) represented by emerging market issuers by up to 15 percentage points. For example, if securities of emerging market issuers represent 25% of the value of the Index, the Portfolio could, under normal circumstances, invest up to 40% of its total assets in securities of emerging market issuers. The Portfolio may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), International Depositary Receipts (IDRs), mutual funds, and exchange-traded funds (ETFs). The Portfolio intends to invest in securities denominated in the currencies of a variety of countries and in securities denominated in multinational currencies such as the Euro. Stock Selection Baillie Giffords investment philosophy is to make long term investments in well-managed businesses which enjoy sustainable, competitive advantages.
The aim is to select stocks for the Portfolio that can sustain above average growth in earnings and cash flow. Asset allocation is therefore the result of individual stock selection decisions. Baillie Gifford believes understanding the long-term available opportunity and competitive advantage of companies is more important than short-term economic indicators. Baillie Gifford gains an in-depth knowledge of individual companies through fundamental in-house analysis in order to develop a view about their prospects. This view is compared to that of the consensus, and any discrepancies present an opportunity to add value in the Portfolio. Research is undertaken by all portfolio managers and analysts at the firm. For every investment under consideration, Baillie Gifford considers three aspectsthe opportunity available to the company, its ability to execute on that opportunity and the valuation of the business.
Considerations include the growth rates and structure of the industry in which a company operates and any enduring barriers to entry or cost advantages, whether the company finances growth from internally generated cash flow and managements approach to capital allocation and shareholders, and the extent to which the market might already appreciate these strengths.
C000017777 Holdings
Top 10 holdings of Baillie Gifford International Stock Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 7.79% |
| Samsung Electronics Co Ltd | 6.52% |
| Tencent Holdings Ltd | 2.83% |
| ASML Holding NV | 2.64% |
| MediaTek Inc | 2.59% |
| Rio Tinto PLC | 2.54% |
| Deutsche Boerse AG | 2.25% |
| Roche Holding AG | 2.10% |
| Dsv A/s | 1.99% |
| Discovery Ltd | 1.82% |
C000017777 Portfolio Allocation
Asset-class allocation of Baillie Gifford International Stock Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 2.9% |
C000017777 Performance
Total returns for C000017777 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.5% |
| 1 year | 8.2% |
| 3 years (annualised) | 11.3% |
| 5 years (annualised) | 1.2% |
C000017777 Risk Information
Risk metrics for C000017777, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.5%
C000017777 Costs and Fees
C000017777 costs about $89 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.89%
- Gross expense ratio: 1.00%
- Portfolio turnover: 19%
- Brokerage commissions: 2.30 bps of average net assets (SEC N-CEN)
C000017777 Cashflows
Over the 12 months to 2026-06, Baillie Gifford International Stock Portfolio had net outflows of $86.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $84.01M |
| 2026-05 | −$45.31M |
| 2026-04 | −$47.19M |
| 2026-03 | −$2.56M |
| 2026-02 | −$5.95M |
| 2026-01 | −$25.37M |
C000017777 Debt Constituents
No individual debt constituents are reported in Baillie Gifford International Stock Portfolio's latest SEC N-PORT filing.
C000017777 Prospectus and SEC Filings
Official Baillie Gifford International Stock Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Developed ex-US Mid Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.