Baillie Gifford Managed Acc... drop

happybagger

This fund is just under 4% of my investments but BG funds as a whole are 16% of my total.

I was happy with taking the risk when looking at its composition; I have planned about a 15 year outlook.

NannaH

I feel like I made a mistake in going for 2 more BG funds recently, especially as as they were lump sum purchases (on the Aegon ARC platform ) Global Alpha growth and Balanced managed.
They are 7% and 10% of our entire portfolio and have lost 8% of their value in a matter of weeks,  not a worry in itself,  but that particular pot is earmarked for use in 6/7 years time. 
I was swayed by the good run my BG Global income growth fund has had over the last 3 years in my Sipp,  I am keeping the fund but not adding any more to it. 

dunstonh

I was swayed by the good run my BG Global income growth fund has had over the last 3 years in my Sipp,  I am keeping the fund but not adding any more to it. 

Never ever be swayed by good runs.  You have to average out the ups and the downs.  The more you move up the risk scale, the greater the ups will be but the greater the downs will be.      WHen you are getting towards 6/7 years time for spending that money, you really do not want to have large exposures to those sorts of funds unless you very very high risk when it comes to investing.

london21

jimjames said:

london21 said:

About 10% of my allocation is in Baillie Gifford Managed Fund.

Last few weeks has been red. Now down 11.41%, feels like I bought single shares in a company. 

A single company could drop more than that in a day and drop to zero. That won't happen with this fund but you have bought something that will fluctuate much more than other funds so maybe the risk is beyond your tolerance.

To be fair I have experienced a share nearly going worthless.
Was why I backed away from individual shares.
Money and emotions hard seeing your money go down but you are right  fluctuates as it's one of my higher risk ones. 

masonic

london21 said:

jimjames said:

london21 said:

About 10% of my allocation is in Baillie Gifford Managed Fund.

Last few weeks has been red. Now down 11.41%, feels like I bought single shares in a company. 

A single company could drop more than that in a day and drop to zero. That won't happen with this fund but you have bought something that will fluctuate much more than other funds so maybe the risk is beyond your tolerance.

To be fair I have experienced a share nearly going worthless.
Was why I backed away from individual shares.
Money and emotions hard seeing your money go down but you are right  fluctuates as it's one of my higher risk ones.

Compare it to the Nasdaq or even a global index tracker. This fund is performing as expected vs the wider market.

SharpShooter

In market downturns it will drop aggressively. In rising markets it will outperform. Take your pick, have your cake and eat it.