The fund seeks to achieve a total return, before charges and expenses payable out of the Fund, in excess of the total return on the FTSE Actuaries Over 15 Years Gilt Index by 1.5% per annum over rolling 3-year periods. The fund seeks to invest primarily in a portfolio of: UK government bonds; overseas government bonds; and quasigovernment bonds, some of which may be issued by developing countries. The Fund may also invest in foreign currencies and derivatives such as currency forwards or futures.
Steven Hay (Started: Jun 1, 2004)
Baillie Gifford & Co Limited.
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