Baillie Gifford Emerging Markets Equities Fund

Baillie Gifford Funds · 6 share classes

Actively managed emerging-markets equity fund
One fund, 6 share classes:BGEHXBGEDXBGELXBGEPXBGEGXBGKEX
$8.87B NAV
85 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Baillie Gifford Emerging Markets Equities Fund is an actively managed emerging-markets equity fund.

Asset class
Equity
Region
Emerging markets
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

Baillie Gifford Emerging Markets Equities Fund seeks capital appreciation.

Strategy · summarised

The fund invests in equity securities of companies in emerging and frontier markets represented in the MSCI Emerging Markets Index, using a bottom-up stock selection process focused on long-term growth prospects, competitive advantage, and management quality rather than tracking the benchmark. The portfolio typically holds 60 to 100 companies and may concentrate significantly in single countries, particularly China. Because the fund's country and sector weightings are not constrained by the benchmark, performance may diverge materially from it. The fund holds securities for long periods, expects minimal currency hedging, and may invest in China A shares, unregistered securities, and IPOs.

Expenses
0.62% 0.86%across 6 share classes
Share classExpense ratio
BGEHX0.77%
BGEDX0.62%
BGELX0.70%
BGEPX0.67%
BGEGX0.86%
BGKEX0.77%

Portfolio turnover 28.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.02%
of net assets
Stocks99.02%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 6 new7 exited

New: SK SQUARE CO LTD, NANYA TECHNOLOGY CORP, ASE TECHNOLOGY HOLDING CO LTD, VALE SA, HYUNDAI ENGINEERING & CONSTRUCTION CO LTD, ANKER INNOVATIONS TECHNOLOGY CO LTD

Exited: ZIJIN GOLD INTERNATIONAL COMPANY LI, Tata Consultancy Services Ltd., SCB X PCL, Centrais Elet Bras Sa Eletrobras, Naspers Limited, Hyundai Motor India Ltd., Raizen SA

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+59.29%+87.97%+29.25%22.26%-14.11%
+59.60%+88.89%+30.24%22.27%-14.07%
+59.46%22.26%
+59.22%+87.53%+28.64%22.24%-14.10%
+59.29%+87.99%+29.24%22.28%-14.10%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD14.01%$1.24B
SAMSUNG ELECTRONICS CO LTD7.94%$704.44M
SK HYNIX INC4.38%$388.86M
MEDIATEK INC4.36%$386.86M
SK SQUARE CO LTD4.32%$382.78M
TENCENT HOLDINGS LTD3.75%$332.38M
Montage Technology Co Ltd3.30%$292.49M
ACCTON TECHNOLOGY CORP2.92%$259.15M
SAMSUNG ELECTRONICS CO LTD2.66%$235.89M
MERCADOLIBRE INCMELI2.24%$198.47M
Showing 10 of 85Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 49.88% of net assets, top 25 70.87%, across 80 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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