has this bolted Baillie Gifford American fund

reefer37

just want to see what people think of this fund, have got this in my aviva allocations of fund (not a big selection to choose from as company aviva scheme).
30 years before i retire so should be able to ride out if it falls massivly from the high of this year. 
my one concern is it is massivly above the bench marks but dont know if they are just nothing like the sector as it is only aviva fact sheet
so my question is do people still think worth putting some money in for long term on this one. or has the horse bolted
currently may pension is 94% equities and 6% fixed interests

Crazyjoe

I have all my pension in this fund. It’s great in my opinion. You can go an look at all funds in Trustnet if you want to do comparisons.  

dunstonh

BG is one of the highest risk US funds in its sector.  It makes a good satellite fund for your US allocation but it would take a bit more bravery to have it is your only US fund.

[Deleted User]

These kinds of posts make me wonder about bubbles

itwasntme001

Of course many bubbles are not really obvious until after they are burst.  And for all we know we could be in a "growth at any valuation" bubble masked by the low interest rate environment we are in today.  The BG brand has a lot of overlap within its funds universe and seem to be following the same growth style.  Come to think of it, all the popular active funds seem to be following similar styles, from Fundsmith being the tamer end and SMT the riskier end.

Makes you wonder in 10 years when we will all be investing in Woodford because value may very well be the fashion by then.

Audaxer

The gain from BG American in 2020 was 121% which is amazing. I don't have it in my portfolio, but if I had I would be selling some units to rebalance my portfolio.

itwasntme001

But of course I would say that as I just sold some of my SMT holding today.

Anyone, and perhaps done more cunningly by the popular fund managers, can push to the masses their way of seeing the world.

Moe_The_Bartender

BG American has failed to achieve its own benchmark in 6 of the last 10 years. It’s only outperformed in the last year when it was four times its previous best return. You can’t buy past returns.

cfw1994

Crazyjoe said:

I have all my pension in this fund. It’s great in my opinion. You can go an look at all funds in Trustnet if you want to do comparisons.  

Well, depending how long you've had it there, you might be retired already - the 3/5/10yr performance has been spectacular really.
A brave move, nonetheless, as dunstonh suggested - checking the fact sheet for 30/09/18-30/09/19 showed it dropping over 3%....

Hard to say, OP - it has done stunningly well, & forms the riskiest 25% of my main pot - technically 29.5% given how it has stretched out this past year.  Many feel Tesla is due a drop, & I believe that forms over 9% of the BG American.....but it is 'betting' in some decent winners (Amazon, Netflix, Zoom, etc). 
I feel it has growth ahead of it, and am not planning on rebalancing yet - a 25% fall would still have it performing above my 'safe' pre-retirement fixed interest portion - I'll let this winner run on a bit more, I see growth ahead in 2021 as we pull ourselves out of the pandemic, & I *personally* believe the likes of this fund will continue to do well.    

Thrugelmir

Look under the bonnet. Are these companies that you would buy at current valuation levels. Sometimes it's worth monitoring a fund that has rise sharply. As there'll be times when the price drifts lower. Offering a better entry point. 

[Deleted User]

I'd say Why not buy individual shares in their top ten holdings? 
I am confident that they will outperform the Baillie Gifford American Fund in 2021, whether it records 100% or 10%.

I don't understand the preference for funds over individual shares. It's like pretending your house doesn't have bricks in it. And you miss a lot of the profit.