About BTLKX
Baillie Gifford International Concentrated Growth Equities Fund is an open-end mutual fund that focuses on achieving capital appreciation by investing in a concentrated portfolio of exceptional growth companies located outside of the United States. The fund primarily targets companies in both developed and emerging international markets, maintaining a high-conviction, bottom-up stock selection approach. Managed with a long-term perspective, typically over a 10-year horizon, the fund seeks to benefit from the compounding growth of innovative businesses, often holding 20–35 stocks at any given time to ensure meaningful exposure to its best ideas. The fund is benchmarked against the MSCI ACWI ex US Index and typically exhibits a high active share, reflecting significant deviation from the index. Its portfolio often features leading companies in technology, consumer discretionary, and financial sectors, such as MercadoLibre, Spotify, Adyen, TSMC, and NVIDIA. Emphasizing a disciplined investment process and low portfolio turnover, the fund plays a distinctive role in offering investors focused exposure to international growth opportunities beyond U.S. borders.
Fund Family Baillie Gifford Funds
Category Foreign Large Growth
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol BTLKX
Share Class Class K
Index MSCI AC World ex USA TR USD
BTLKX had a total return of -0.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.30%.
