Baillie Gifford High Yield Bond Fund A Income
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General Objective
The fund aims to produce a combination of income and capital growth for investors.
Fund Exposure
The fund will invest at least 80% in sub-investment grade bonds, with the possibility of investing in other bonds as well. The bonds will be denominated in sterling or other currencies and hedged back to sterling. Currency forwards and derivatives will be used for both investment purposes and risk management.
Risks
Investing in sub-investment grade bonds typically carries a higher risk of non-payment. Additionally, the fund may not be suitable for investors looking to withdraw their money within three years.