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Amounts due at the interim period end were £224,000 (31 January 2026: £256,000).","page_number":23,"box":{"x":110,"y":838,"width":680,"height":9}},{"id":"9fc5c5b7-9072-4914-b38e-1f48f80965a8","block_type":"box","text":"Baillie Gifford Global Alpha Growth Fund","page_number":23,"box":{"x":76,"y":66,"width":361,"height":12}},{"id":"f895c0d6-e5f9-4a4f-95a9-11210ba03ec5","block_type":"box","text":"July 2026","page_number":23,"box":{"x":867,"y":66,"width":79,"height":12}},{"id":"7fe8ccb7-1ee4-4427-99eb-b741b437daab","block_type":"box","text":"Notes to the Financial Statements (Unaudited)","page_number":23,"box":{"x":74,"y":177,"width":682,"height":24}},{"id":"31c83424-b05e-4882-800f-acc624eb1666","block_type":"box","text":"21","page_number":23,"box":{"x":928,"y":945,"width":15,"height":9}},{"id":"26a57dd1-7420-4bf8-a180-f42ad202d40b","block_type":"box","text":"3 Related party transactions 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SORP”).","page_number":42,"box":{"x":110,"y":308,"width":822,"height":9}},{"id":"ac0cfe01-63f8-48d2-8b9e-8e43b9cd0ecb","block_type":"box","text":"The condensed interim financial statements for this sub-fund have been prepared on a going concern basis. In assessing the","page_number":42,"box":{"x":110,"y":327,"width":746,"height":9}},{"id":"0186afee-c40d-4972-8722-70f411aabb1a","block_type":"box","text":"appropriateness of this basis, the Directors have considered all available information about the future for a period of at least 12 months","page_number":42,"box":{"x":111,"y":339,"width":805,"height":9}},{"id":"0ac11a8c-674e-4e16-b78d-4532266ebdcb","block_type":"box","text":"from the date of approval of these financial statements and are satisfied that the sub-fund has adequate resources to continue in","page_number":42,"box":{"x":110,"y":351,"width":769,"height":8}},{"id":"6651b4fd-bb29-4f3b-843a-5631384a1f8d","block_type":"box","text":"operational existence for the foreseeable future.","page_number":42,"box":{"x":111,"y":363,"width":284,"height":8}},{"id":"a4797755-d13c-4bb0-a99e-88fc4c02e4d8","block_type":"box","text":"The Company has applied the 2025 SORP and the relevant amendments to FRS 102 The Financial Reporting Standard applicable in the UK","page_number":42,"box":{"x":110,"y":381,"width":836,"height":9}},{"id":"a608710f-8864-427f-84a8-44cacd74aba7","block_type":"box","text":"and Republic of Ireland arising from the Periodic Review 2024 for the first time in the current accounting period.","page_number":42,"box":{"x":111,"y":393,"width":665,"height":9}},{"id":"fffa350e-59f3-42f2-b8c4-87c0544df33c","block_type":"box","text":"As a result of applying the 2025 SORP and the amendments to FRS 102, the valuation convention used in determining the fair value of","page_number":42,"box":{"x":110,"y":412,"width":803,"height":9}},{"id":"ad6b1697-9cbb-49f6-b5f2-5436aa42208f","block_type":"box","text":"investments has changed. From 1 February 2026, investments are valued using mid-market prices. Under the previous requirements of","page_number":42,"box":{"x":111,"y":424,"width":807,"height":9}},{"id":"ba76333c-0091-477d-b5b3-766db48d9f07","block_type":"box","text":"FRS 102 and the previous SORP, investments were valued using bid-market prices.","page_number":42,"box":{"x":111,"y":436,"width":499,"height":9}},{"id":"3c62ad35-1ea3-4e38-a601-646b3806bceb","block_type":"box","text":"In accordance with the transitional provisions of FRS 102, the requirements of Section 2A Fair Value Measurement have been applied","page_number":42,"box":{"x":111,"y":455,"width":795,"height":9}},{"id":"9c3cede2-7b28-4a30-8f99-966d6366ec25","block_type":"box","text":"prospectively from 1 February 2026. Accordingly, comparative amounts have not been restated and the valuation of investments included","page_number":42,"box":{"x":111,"y":467,"width":822,"height":9}},{"id":"96d481db-2e31-4ac3-ba33-bdf675b6d5f2","block_type":"box","text":"in the comparative information remains based on bid-market prices.","page_number":42,"box":{"x":111,"y":479,"width":404,"height":8}},{"id":"4bd75783-4868-4f0f-9d05-c7e5ce1a8dc2","block_type":"box","text":"Except for the changes arising from the adoption of the 2025 SORP and amendments to FRS 102 described above, the accounting policies","page_number":42,"box":{"x":111,"y":498,"width":833,"height":8}},{"id":"88a7c0de-d300-4e04-b610-b25c0c9d6b1e","block_type":"box","text":"applied in these condensed interim financial statements are consistent with those applied in the Company’s most recent annual financial","page_number":42,"box":{"x":111,"y":509,"width":814,"height":9}},{"id":"22449c51-855e-44f8-bb87-a7c1a24761b3","block_type":"box","text":"statements.","page_number":42,"box":{"x":111,"y":522,"width":68,"height":6}},{"id":"4efc80fa-85c1-4e72-9f06-744b9028266e","block_type":"box","text":"2 Fair Value Hierarchy","page_number":42,"box":{"x":75,"y":553,"width":163,"height":9}},{"id":"ae80b8e1-6f5a-44fa-bec5-fcfe39fa41a9","block_type":"box","text":"31 July 2026 31 January 2026","page_number":42,"box":{"x":376,"y":570,"width":449,"height":8}},{"id":"af90d003-491e-4194-a761-a81572e31b18","block_type":"box","text":"Level 1","page_number":42,"box":{"x":271,"y":585,"width":39,"height":7}},{"id":"97f5f92c-a7ba-4643-b63a-71fa3d8a7c82","block_type":"box","text":"£’000","page_number":42,"box":{"x":280,"y":600,"width":32,"height":7}},{"id":"083f7b71-e05f-4bb5-aa23-cc5a4ae013f4","block_type":"box","text":"Level 2","page_number":42,"box":{"x":362,"y":585,"width":41,"height":7}},{"id":"16b9327b-8aca-48e8-b051-571332f3347d","block_type":"box","text":"£’000","page_number":42,"box":{"x":370,"y":600,"width":33,"height":7}},{"id":"48a8068b-24c8-418f-98c8-41ad5d5227e2","block_type":"box","text":"Level 3","page_number":42,"box":{"x":452,"y":585,"width":41,"height":7}},{"id":"4bbbf0b5-01b0-49db-85c5-d690d0b018e7","block_type":"box","text":"£’000","page_number":42,"box":{"x":461,"y":600,"width":32,"height":7}},{"id":"0a35825d-deb8-4e58-95e6-16006e79262b","block_type":"box","text":"Total","page_number":42,"box":{"x":555,"y":585,"width":28,"height":7}},{"id":"aa6c9951-8d57-4667-b809-43c2c2bf92c9","block_type":"box","text":"£’000","page_number":42,"box":{"x":551,"y":600,"width":33,"height":7}},{"id":"aa1feb43-efd0-41a8-b1ba-94879e71aca6","block_type":"box","text":"Level 1","page_number":42,"box":{"x":633,"y":585,"width":39,"height":7}},{"id":"e1ce0f91-e998-4684-900f-ce6cc1f5d6b1","block_type":"box","text":"£’000","page_number":42,"box":{"x":642,"y":600,"width":32,"height":7}},{"id":"cfcb7586-d16e-48bb-82d3-b74aaae30a84","block_type":"box","text":"Level 2","page_number":42,"box":{"x":724,"y":585,"width":40,"height":7}},{"id":"a96b8ec2-fb28-47ab-8694-4c3b71b4e342","block_type":"box","text":"£’000","page_number":42,"box":{"x":732,"y":600,"width":33,"height":7}},{"id":"310e4d51-0542-4a10-84cd-d6ca33265b7d","block_type":"box","text":"Level 3","page_number":42,"box":{"x":814,"y":585,"width":41,"height":7}},{"id":"998e18c5-f26d-46d1-97fd-7267f3285f92","block_type":"box","text":"£’000","page_number":42,"box":{"x":823,"y":600,"width":32,"height":7}},{"id":"2fda8516-8810-490b-857b-1424447432e2","block_type":"box","text":"Total","page_number":42,"box":{"x":917,"y":585,"width":28,"height":7}},{"id":"7471116f-60ba-4d0e-993f-c1ca43932617","block_type":"box","text":"£’000","page_number":42,"box":{"x":913,"y":600,"width":33,"height":7}},{"id":"3f54c103-44f5-4a79-8933-92b8ceb1d4b1","block_type":"box","text":"Assets:","page_number":42,"box":{"x":110,"y":619,"width":46,"height":7}},{"id":"67c352dd-706a-440c-baef-47ec36549eec","block_type":"box","text":"Equities","page_number":42,"box":{"x":111,"y":635,"width":46,"height":8}},{"id":"9fb5d006-5354-43bd-afdb-b17ec908670a","block_type":"box","text":"1","page_number":42,"box":{"x":159,"y":633,"width":2,"height":5}},{"id":"726c60a0-eecf-448b-b6e3-1259ec43b44c","block_type":"box","text":"391,196 - 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Baillie Gifford & Co","page_number":42,"box":{"x":111,"y":741,"width":820,"height":9}},{"id":"b77dfda4-4a6e-40ce-b129-e491637d402c","block_type":"box","text":"Limited acts as principal in respect of all transactions of shares in the Company, except where stocks are transferred on the issue or","page_number":42,"box":{"x":111,"y":752,"width":790,"height":9}},{"id":"cae975bb-bd91-4f70-a8e5-209d8635fcdb","block_type":"box","text":"cancellation of shares. The aggregate monies received through issue and paid on cancellation are disclosed in the Statement of Change in","page_number":42,"box":{"x":111,"y":764,"width":826,"height":9}},{"id":"a71a1846-534b-4a6a-a534-e42c8fa94728","block_type":"box","text":"Net Assets Attributable to Shareholders.","page_number":42,"box":{"x":111,"y":776,"width":239,"height":7}},{"id":"86a7e38c-46a4-43d2-9602-1dfb05626881","block_type":"box","text":"Amounts receivable on the issue of shares at the Balance Sheet date were £19,000 (31 January 2026: nil). Amounts payable on the","page_number":42,"box":{"x":110,"y":795,"width":782,"height":9}},{"id":"d186899b-c157-412c-b993-5bb838dee0b9","block_type":"box","text":"cancellation of shares at the Balance Sheet date were £653,000 (31 January 2026: £286,000).","page_number":42,"box":{"x":111,"y":807,"width":557,"height":9}},{"id":"515e28f6-4056-4ff7-8098-5b49ae57a110","block_type":"box","text":"Amounts paid to Baillie Gifford & Co Limited in respect of annual management charge for the interim period were £106,000 (interim period","page_number":42,"box":{"x":110,"y":826,"width":824,"height":9}},{"id":"7080d2fa-0887-4316-8444-b63a78ec89d1","block_type":"box","text":"to 31 July 2025: £57,000). Amounts due at the interim period end were £35,000 (31 January 2026: £9,000).","page_number":42,"box":{"x":110,"y":838,"width":639,"height":9}},{"id":"629706d7-750d-45ca-a250-1fbd063f7186","block_type":"box","text":"During the period Baillie Gifford & Co Limited deemed it appropriate to reimburse expenses to the Fund. The amount of expenses","page_number":42,"box":{"x":111,"y":857,"width":773,"height":9}},{"id":"f5546cdc-6da9-41c2-ab87-dbb4031e5661","block_type":"box","text":"reimbursed for the interim period end was £34,000 (31 July 2025: £19,000). 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2026","page_number":44,"box":{"x":867,"y":66,"width":79,"height":12}},{"id":"2e8a32c6-3417-4828-9cbf-d094f072ccb8","block_type":"box","text":"42","page_number":44,"box":{"x":75,"y":945,"width":18,"height":9}},{"id":"696fbcb3-7edd-4470-a8dd-cbcbab3dface","block_type":"box","text":"Baillie Gifford Global Income Growth Fund","page_number":45,"box":{"x":72,"y":189,"width":653,"height":18}},{"id":"edd29185-defc-45ae-8e4a-2f73e8c078ea","block_type":"box","text":"a sub-fund of Baillie Gifford UK & Balanced Funds ICVC","page_number":45,"box":{"x":73,"y":243,"width":825,"height":19}},{"id":"47e43110-3c57-4b74-8b67-80a38e25c21d","block_type":"box","text":"Interim Report & Financial Statements (Unaudited)","page_number":45,"box":{"x":71,"y":281,"width":625,"height":19}},{"id":"2bcf1784-5e76-4d52-9027-e999f9ead1f5","block_type":"box","text":"for the six months ended 31 July 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the","page_number":46,"box":{"x":75,"y":341,"width":409,"height":12}},{"id":"4d9bbf9d-67af-414a-86f4-90523f5a1fe8","block_type":"box","text":"MSCI ACWI Index over rolling five-year periods.","page_number":46,"box":{"x":75,"y":356,"width":369,"height":11}},{"id":"5d5eec0f-d777-489f-9c00-fad3774fe853","block_type":"box","text":"Investment Policy","page_number":46,"box":{"x":75,"y":391,"width":140,"height":12}},{"id":"f435a92c-4830-4b95-95ea-a9634442fa6d","block_type":"box","text":"The Fund will invest at least 90% in shares of companies","page_number":46,"box":{"x":75,"y":424,"width":420,"height":12}},{"id":"8d3eb475-9130-4e51-8c80-11c6a4df9d44","block_type":"box","text":"anywhere in the world. 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From 1 February 2026, investments are valued using mid-market prices. Under the previous requirements of","page_number":104,"box":{"x":111,"y":424,"width":807,"height":9}},{"id":"0c2bdbd2-daba-457f-ad73-b251a5717f82","block_type":"box","text":"FRS 102 and the previous SORP, investments were valued using bid-market prices.","page_number":104,"box":{"x":111,"y":436,"width":499,"height":9}},{"id":"876ab44e-37bb-4166-9a94-180dcf5a4ba5","block_type":"box","text":"In accordance with the transitional provisions of FRS 102, the requirements of Section 2A Fair Value Measurement have been applied","page_number":104,"box":{"x":111,"y":455,"width":795,"height":9}},{"id":"33dd3182-90bd-42ba-b2b2-60f3aee3e37e","block_type":"box","text":"prospectively from 1 February 2026. Accordingly, comparative amounts have not been restated and the valuation of investments included","page_number":104,"box":{"x":111,"y":467,"width":822,"height":9}},{"id":"58acb421-806e-4324-a3af-058ca8718204","block_type":"box","text":"in the comparative information remains based on bid-market prices.","page_number":104,"box":{"x":111,"y":479,"width":404,"height":8}},{"id":"32ba3e09-fdce-4161-9b07-5d899a820477","block_type":"box","text":"Except for the changes arising from the adoption of the 2025 SORP and amendments to FRS 102 described above, the accounting policies","page_number":104,"box":{"x":111,"y":498,"width":833,"height":8}},{"id":"e516eca2-f28a-4be1-ab5c-78086ba7b4c0","block_type":"box","text":"applied in these condensed interim financial statements are consistent with those applied in the Company’s most recent annual financial","page_number":104,"box":{"x":111,"y":509,"width":814,"height":9}},{"id":"f7e4ee7b-9066-4fa0-a5ca-f0eeaef725ae","block_type":"box","text":"statements.","page_number":104,"box":{"x":111,"y":522,"width":68,"height":6}},{"id":"cc061e42-a2dc-49c8-bd76-23c807ff8a58","block_type":"box","text":"2 Fair Value Hierarchy","page_number":104,"box":{"x":75,"y":553,"width":163,"height":9}},{"id":"dd515e54-5825-41b0-9cd4-acb7f994177c","block_type":"box","text":"31 July 2026 31 January 2026","page_number":104,"box":{"x":376,"y":570,"width":449,"height":8}},{"id":"14f89bd6-2a28-404c-9ac0-7c2ec685a7ad","block_type":"box","text":"Level 1","page_number":104,"box":{"x":271,"y":585,"width":39,"height":7}},{"id":"9abf5375-cc7e-48e2-ae82-ec8f0ee5a9c2","block_type":"box","text":"£’000","page_number":104,"box":{"x":280,"y":600,"width":32,"height":7}},{"id":"b39a1062-705f-413c-adb6-db1417f2a135","block_type":"box","text":"Level 2","page_number":104,"box":{"x":362,"y":585,"width":41,"height":7}},{"id":"9f6cfaf5-b4a0-4e74-82fc-ae72ae6214af","block_type":"box","text":"£’000","page_number":104,"box":{"x":370,"y":600,"width":33,"height":7}},{"id":"c0de4d60-0e2e-4953-8bc4-43389a86eea5","block_type":"box","text":"Level 3","page_number":104,"box":{"x":452,"y":585,"width":41,"height":7}},{"id":"2006068d-989e-4e37-82d7-17db7c0691ca","block_type":"box","text":"£’000","page_number":104,"box":{"x":461,"y":600,"width":32,"height":7}},{"id":"0a6c67c5-21da-4c49-8ea0-28e23a80d3b6","block_type":"box","text":"Total","page_number":104,"box":{"x":555,"y":585,"width":28,"height":7}},{"id":"7bf9a93d-3ae8-4dd5-a7ff-f036d04e5ea5","block_type":"box","text":"£’000","page_number":104,"box":{"x":551,"y":600,"width":33,"height":7}},{"id":"2cd316c4-ef6c-4339-af42-f927aed0680b","block_type":"box","text":"Level 1","page_number":104,"box":{"x":633,"y":585,"width":39,"height":7}},{"id":"2e7709fe-d24b-4896-a5ce-d10452b12634","block_type":"box","text":"£’000","page_number":104,"box":{"x":642,"y":600,"width":32,"height":7}},{"id":"431ae7a1-9218-4887-afc4-384fc1c81a16","block_type":"box","text":"Level 2","page_number":104,"box":{"x":724,"y":585,"width":40,"height":7}},{"id":"a908267b-d864-4640-a8c0-ac7bf2912d66","block_type":"box","text":"£’000","page_number":104,"box":{"x":732,"y":600,"width":33,"height":7}},{"id":"897f58ca-ed3d-4e6b-b5ed-da1c43d383be","block_type":"box","text":"Level 3","page_number":104,"box":{"x":814,"y":585,"width":41,"height":7}},{"id":"91c4b3f3-84b5-4bbf-aa35-55e95ff96528","block_type":"box","text":"£’000","page_number":104,"box":{"x":823,"y":600,"width":32,"height":7}},{"id":"44fc66b0-2ca1-4006-999f-7e9d8b3961c2","block_type":"box","text":"Total","page_number":104,"box":{"x":917,"y":585,"width":28,"height":7}},{"id":"629fbea2-97f9-4ed0-a92a-37eaf807b36d","block_type":"box","text":"£’000","page_number":104,"box":{"x":913,"y":600,"width":33,"height":7}},{"id":"b74883ef-b4a0-4cca-aa7a-4d13c1f5e086","block_type":"box","text":"Assets:","page_number":104,"box":{"x":110,"y":619,"width":46,"height":7}},{"id":"265454f8-8e19-44d2-8d1a-c9c8a73e7494","block_type":"box","text":"Equities","page_number":104,"box":{"x":111,"y":635,"width":46,"height":8}},{"id":"1fbf4df1-8d31-47e9-bcca-46cb7d07ee89","block_type":"box","text":"1","page_number":104,"box":{"x":159,"y":633,"width":2,"height":5}},{"id":"9a5b3d33-9a4e-463e-8a5c-4b9a90708ade","block_type":"box","text":"2,862,108 - - 2,862,108 3,260,094 - - 3,260,094","page_number":104,"box":{"x":254,"y":635,"width":692,"height":8}},{"id":"75d8ec4a-73b5-4001-92c1-8a1004ef931b","block_type":"box","text":"Debt instruments 280,303 579,698 - 860,001 191,764 703,121 - 894,885","page_number":104,"box":{"x":111,"y":650,"width":835,"height":8}},{"id":"d356eda7-375f-496d-986d-8b89eaf09a3a","block_type":"box","text":"Collective","page_number":104,"box":{"x":111,"y":665,"width":58,"height":7}},{"id":"c8a8776f-97d5-4c8d-be72-536b824d8968","block_type":"box","text":"investment schemes - 26,378 - 26,378 - 29,737 - 29,737","page_number":104,"box":{"x":111,"y":676,"width":835,"height":8}},{"id":"5fc8e77f-748c-462a-8abe-b93d3a00d93d","block_type":"box","text":"Derivatives - 6,677 - 6,677 - 5,690 - 5,690","page_number":104,"box":{"x":111,"y":692,"width":835,"height":8}},{"id":"5d67b7c6-b25f-4445-b2d1-864a373bb3f2","block_type":"box","text":"Assets Total 3,142,411 612,753 - 3,755,164 3,451,857 738,548 - 4,190,406","page_number":104,"box":{"x":110,"y":706,"width":836,"height":8}},{"id":"694a50ee-6793-49ec-a54b-7c3c03c09f3a","block_type":"box","text":"Liabilities:","page_number":104,"box":{"x":111,"y":725,"width":63,"height":7}},{"id":"8d1065ad-aad7-4d15-847a-9b6cad42f50d","block_type":"box","text":"Derivatives - (13,944) - (13,944) - (4,863) - (4,863)","page_number":104,"box":{"x":111,"y":741,"width":838,"height":8}},{"id":"021b8d50-72d9-4e14-8a2c-a477f03c3071","block_type":"box","text":"Liabilities Total - (13,944) - (13,944) - (4,863) - (4,863)","page_number":104,"box":{"x":111,"y":755,"width":839,"height":9}},{"id":"a5583203-aec2-4755-a960-9c854777e635","block_type":"box","text":"1","page_number":104,"box":{"x":109,"y":773,"width":3,"height":4}},{"id":"5c160769-0474-448a-a94d-7657671b8572","block_type":"box","text":"For further information on the assets included in Level 3, as at 31 July 2026, please refer to the Portfolio Statement.","page_number":104,"box":{"x":115,"y":774,"width":687,"height":9}},{"id":"bf818d89-56f0-48b8-bc91-f833c042fe95","block_type":"box","text":"3 Related party transactions","page_number":104,"box":{"x":75,"y":830,"width":203,"height":9}},{"id":"f9b13042-a272-441a-8372-21667fe25859","block_type":"box","text":"Baillie Gifford & Co Limited, as ACD, is regarded as a related party by virtue of the services provided to the Company. Baillie Gifford & Co","page_number":104,"box":{"x":111,"y":847,"width":820,"height":9}},{"id":"13ee30c3-897a-4770-b0e0-6e6e64d54827","block_type":"box","text":"Limited acts as principal in respect of all transactions of shares in the Company, except where stocks are transferred on the issue or","page_number":104,"box":{"x":111,"y":859,"width":790,"height":8}},{"id":"6cec06c0-c655-4479-9e98-7ca0894507d9","block_type":"box","text":"cancellation of shares. The aggregate monies received through issue and paid on cancellation are disclosed in the Statement of Change in","page_number":104,"box":{"x":111,"y":870,"width":826,"height":9}},{"id":"b5c15790-08ed-47f4-8ba1-77191b85dc49","block_type":"box","text":"Net Assets Attributable to Shareholders.","page_number":104,"box":{"x":111,"y":882,"width":239,"height":7}},{"id":"4259c64c-cc03-406b-8acd-cb2ca79879a9","block_type":"box","text":"Amounts receivable on the issue of shares at the Balance Sheet date were nil (31 January 2026: £159,000). Amounts payable on the","page_number":104,"box":{"x":110,"y":901,"width":789,"height":9}},{"id":"ef539b8a-db6c-4b9a-8076-25cfdf0a52ff","block_type":"box","text":"cancellation of shares at the Balance Sheet date were £26,513,000 (31 January 2026: £12,707,000).","page_number":104,"box":{"x":111,"y":913,"width":594,"height":9}},{"id":"0d95aef2-6dbe-4a9b-b351-6196bd9deab3","block_type":"box","text":"Baillie Gifford Managed Fund","page_number":104,"box":{"x":76,"y":66,"width":256,"height":12}},{"id":"032182ac-b395-419f-9db0-9a20602fbead","block_type":"box","text":"July 2026","page_number":104,"box":{"x":867,"y":66,"width":79,"height":12}},{"id":"8cb2d33d-d4c9-48ae-a818-3e1606659977","block_type":"box","text":"Notes to the Financial Statements (Unaudited)","page_number":104,"box":{"x":74,"y":177,"width":682,"height":24}},{"id":"aa5692f1-7f07-4d64-b244-2eef41ff416e","block_type":"box","text":"102","page_number":104,"box":{"x":77,"y":945,"width":25,"height":9}},{"id":"d83a6700-d56f-4846-8f10-f13a7c6f8cef","block_type":"box","text":"3 Related party transactions (continued)","page_number":105,"box":{"x":75,"y":279,"width":278,"height":9}},{"id":"a415edc8-d845-4c3b-b93d-85e8964892e3","block_type":"box","text":"Amounts paid to Baillie Gifford & Co Limited in respect of annual management charge for the interim period were £5,673,000 (interim period","page_number":105,"box":{"x":110,"y":300,"width":835,"height":9}},{"id":"bfb9df01-7416-4edc-87ab-833043078bf6","block_type":"box","text":"to 31 July 2025: £6,698,000). Amounts due at the interim period end were £939,000 (31 January 2026: £1,036,000).","page_number":105,"box":{"x":110,"y":311,"width":691,"height":9}},{"id":"94a9950d-e43a-4532-bc71-c3f45f595c5e","block_type":"box","text":"During the period Baillie Gifford & Co Limited deemed it appropriate to reimburse expenses to the Fund. The amount of expenses","page_number":105,"box":{"x":111,"y":330,"width":773,"height":9}},{"id":"a1f9b6af-83c8-47a1-ad4f-f24d1e3a74f6","block_type":"box","text":"reimbursed for the interim period end was £2,000 (31 July 2025: nil). 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In assessing the","page_number":123,"box":{"x":110,"y":327,"width":746,"height":9}},{"id":"6ff94706-d6f5-4144-a176-b4ed98c152b3","block_type":"box","text":"appropriateness of this basis, the Directors have considered all available information about the future for a period of at least 12 months","page_number":123,"box":{"x":111,"y":339,"width":805,"height":9}},{"id":"5c31ce5e-6368-44bd-b2d5-0af56ea4d967","block_type":"box","text":"from the date of approval of these financial statements and are satisfied that the sub-fund has adequate resources to continue in","page_number":123,"box":{"x":110,"y":351,"width":769,"height":8}},{"id":"2672e334-202f-49e6-be7a-7d9c68bef9a1","block_type":"box","text":"operational existence for the foreseeable future.","page_number":123,"box":{"x":111,"y":363,"width":284,"height":8}},{"id":"b10907d8-9d48-470a-aea7-81543197f92b","block_type":"box","text":"The Company has applied the 2025 SORP and the relevant amendments to FRS 102 The Financial Reporting Standard applicable in the UK","page_number":123,"box":{"x":110,"y":381,"width":836,"height":9}},{"id":"061ad5d1-a57b-49eb-8a8d-6716f7ef7327","block_type":"box","text":"and Republic of Ireland arising from the Periodic Review 2024 for the first time in the current accounting period.","page_number":123,"box":{"x":111,"y":393,"width":665,"height":9}},{"id":"894f7166-2023-431d-8ed4-9e322e683766","block_type":"box","text":"As a result of applying the 2025 SORP and the amendments to FRS 102, the valuation convention used in determining the fair value of","page_number":123,"box":{"x":110,"y":412,"width":803,"height":9}},{"id":"b4600756-3814-4aac-b869-994a05704a85","block_type":"box","text":"investments has changed. From 1 February 2026, investments are valued using mid-market prices. Under the previous requirements of","page_number":123,"box":{"x":111,"y":424,"width":807,"height":9}},{"id":"3a4cce8a-4bfd-4b18-9330-f9da5dd008fe","block_type":"box","text":"FRS 102 and the previous SORP, investments were valued using bid-market prices.","page_number":123,"box":{"x":111,"y":436,"width":499,"height":9}},{"id":"a0865e31-93f0-4c45-9b90-1dc921adfe9d","block_type":"box","text":"In accordance with the transitional provisions of FRS 102, the requirements of Section 2A Fair Value Measurement have been applied","page_number":123,"box":{"x":111,"y":455,"width":795,"height":9}},{"id":"00a55f21-3abd-4846-8a22-21de7bafc188","block_type":"box","text":"prospectively from 1 February 2026. 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Accordingly, comparative amounts have not been restated and the valuation of investments included","page_number":142,"box":{"x":111,"y":467,"width":822,"height":9}},{"id":"741dcd15-f9e3-4596-ba29-d72c019cb0e8","block_type":"box","text":"in the comparative information remains based on bid-market prices.","page_number":142,"box":{"x":111,"y":479,"width":404,"height":8}},{"id":"a49ac7fd-76ec-4721-ba9a-458751d7f5ee","block_type":"box","text":"Except for the changes arising from the adoption of the 2025 SORP and amendments to FRS 102 described above, the accounting policies","page_number":142,"box":{"x":111,"y":498,"width":833,"height":8}},{"id":"ea8be90d-9395-4c3a-915b-69ae84b87752","block_type":"box","text":"applied in these condensed interim financial statements are consistent with those applied in the Company’s most recent annual financial","page_number":142,"box":{"x":111,"y":509,"width":814,"height":9}},{"id":"e4e10f52-c9ee-45b5-bf3f-83b078de0356","block_type":"box","text":"statements.","page_number":142,"box":{"x":111,"y":522,"width":68,"height":6}},{"id":"bee9225d-1ac8-4872-b1b2-9462dceb0871","block_type":"box","text":"2 Fair Value Hierarchy","page_number":142,"box":{"x":75,"y":553,"width":163,"height":9}},{"id":"5081eb80-388f-4536-9abe-49cff8f2a97f","block_type":"box","text":"31 July 2026 31 January 2026","page_number":142,"box":{"x":413,"y":570,"width":411,"height":8}},{"id":"89a16b3d-edb2-4d9a-a8d2-1968b554eb1d","block_type":"box","text":"Level 1","page_number":142,"box":{"x":306,"y":585,"width":39,"height":7}},{"id":"281df1ed-ea1b-4111-8ffc-d04028bcad7b","block_type":"box","text":"£’000","page_number":142,"box":{"x":306,"y":600,"width":32,"height":7}},{"id":"76b8cc58-a087-41b4-a93e-cd5101d399ca","block_type":"box","text":"Level 2","page_number":142,"box":{"x":394,"y":585,"width":41,"height":7}},{"id":"573335f7-90c0-44b1-ac7d-296f9ab5ea5a","block_type":"box","text":"£’000","page_number":142,"box":{"x":403,"y":600,"width":32,"height":7}},{"id":"0bfd4ba9-75bd-4e3d-a534-27b4e3d3a8c7","block_type":"box","text":"Level 3","page_number":142,"box":{"x":475,"y":585,"width":41,"height":7}},{"id":"55d8e261-f99c-45c6-9ee8-fa1a6c0390b7","block_type":"box","text":"£’000","page_number":142,"box":{"x":484,"y":600,"width":32,"height":7}},{"id":"016dec65-52f8-4982-95d2-23b5dabf1234","block_type":"box","text":"Total","page_number":142,"box":{"x":567,"y":585,"width":29,"height":7}},{"id":"6fb973ad-414c-4979-a3a6-ca9b83ae79ae","block_type":"box","text":"£’000","page_number":142,"box":{"x":564,"y":600,"width":32,"height":7}},{"id":"6bde07bf-e342-4386-9709-6f95c7ff9be5","block_type":"box","text":"Level 1","page_number":142,"box":{"x":636,"y":585,"width":39,"height":7}},{"id":"16d00717-2add-4f4f-8d35-5a7a705b5573","block_type":"box","text":"£’000","page_number":142,"box":{"x":644,"y":600,"width":33,"height":7}},{"id":"1f37ddd4-5373-4e58-8145-2f567f9812bd","block_type":"box","text":"Level 2","page_number":142,"box":{"x":716,"y":585,"width":41,"height":7}},{"id":"95aa867e-c31b-408d-b820-7d7b60075d1c","block_type":"box","text":"£’000","page_number":142,"box":{"x":725,"y":600,"width":32,"height":7}},{"id":"9bebfad4-72f2-410c-9f66-1c1e8291596b","block_type":"box","text":"Level 3","page_number":142,"box":{"x":797,"y":585,"width":41,"height":7}},{"id":"699cfae8-95f8-4450-a82b-8a6fee0c303f","block_type":"box","text":"£’000","page_number":142,"box":{"x":805,"y":600,"width":33,"height":7}},{"id":"95d615b4-fd00-4de8-a08f-2404723e8a47","block_type":"box","text":"Total","page_number":142,"box":{"x":889,"y":585,"width":29,"height":7}},{"id":"c84477a2-323b-42b3-9dd5-8c37cc2fd114","block_type":"box","text":"£’000","page_number":142,"box":{"x":886,"y":600,"width":32,"height":7}},{"id":"6f34e61f-9ece-46f1-92e9-c4114c343aef","block_type":"box","text":"Assets:","page_number":142,"box":{"x":102,"y":619,"width":47,"height":7}},{"id":"3c61d86b-ae56-48f2-8c94-373161b15cc5","block_type":"box","text":"Equities 242,550 - - 242,550 253,059 - - 253,059","page_number":142,"box":{"x":104,"y":635,"width":814,"height":8}},{"id":"c551f6ce-57e0-40c3-ba1c-31fd3c326c1f","block_type":"box","text":"Collective investment schemes - 20,474 - 20,474 - 25,715 - 25,715","page_number":142,"box":{"x":103,"y":650,"width":815,"height":8}},{"id":"d1f0e57a-cadc-4ea3-8e36-d6c44020f68a","block_type":"box","text":"Assets Total 242,550 20,474 - 263,023 253,059 25,715 - 278,774","page_number":142,"box":{"x":102,"y":665,"width":816,"height":8}},{"id":"db29716a-3953-4fea-bc67-3d0b77588246","block_type":"box","text":"3 Related party transactions","page_number":142,"box":{"x":75,"y":699,"width":203,"height":9}},{"id":"36813315-ea2b-47a0-b7c3-46d20fea0c42","block_type":"box","text":"Baillie Gifford & Co Limited, as ACD, is regarded as a related party by virtue of the services provided to the Company. 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Baillie Gifford & Co","page_number":158,"box":{"x":111,"y":700,"width":820,"height":9}},{"id":"431b9aea-d495-43d4-a25d-829faa2e2467","block_type":"box","text":"Limited acts as principal in respect of all transactions of shares in the Company, except where stocks are transferred on the issue or","page_number":158,"box":{"x":111,"y":712,"width":790,"height":9}},{"id":"a41a93a1-edf5-48e7-bb27-0edf6747c53d","block_type":"box","text":"cancellation of shares. The aggregate monies received through issue and paid on cancellation are disclosed in the Statement of Change in","page_number":158,"box":{"x":111,"y":724,"width":826,"height":9}},{"id":"0c19a545-c9e4-4b17-9728-af482c177b89","block_type":"box","text":"Net Assets Attributable to Shareholders.","page_number":158,"box":{"x":111,"y":736,"width":239,"height":7}},{"id":"5694eebc-9831-46b6-936b-83b371f2c0d0","block_type":"box","text":"Amounts receivable on the issue of shares at the Balance Sheet date were £19,000 (31 January 2026: £103,000). 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a","page_number":159,"box":{"x":521,"y":443,"width":411,"height":12}},{"id":"bfba8704-f01c-4b99-a021-e86612cce8e8","block_type":"box","text":"dilution adjustment whenever dealings in the shares of","page_number":159,"box":{"x":521,"y":458,"width":403,"height":11}},{"id":"be73c867-6504-4ef0-be24-9e64545b2337","block_type":"box","text":"any sub-fund result in shares in that sub-fund being","page_number":159,"box":{"x":521,"y":472,"width":378,"height":12}},{"id":"d09f9736-13b2-4a5f-990e-d0fa29eff55b","block_type":"box","text":"issued or cancelled by the Company. The ACD believes","page_number":159,"box":{"x":521,"y":486,"width":412,"height":12}},{"id":"1b22e169-f314-4c7a-b2e1-98a35234d414","block_type":"box","text":"that this policy should result in no significant dilution","page_number":159,"box":{"x":521,"y":500,"width":394,"height":12}},{"id":"0e5c2e49-1bea-4e9f-b8b5-39f872c73ca5","block_type":"box","text":"occurring. The adjustment will take account of any","page_number":159,"box":{"x":521,"y":514,"width":375,"height":12}},{"id":"aeeed41d-3090-4947-88a6-74b0243f3cd8","block_type":"box","text":"spread between the buying and selling prices of the","page_number":159,"box":{"x":522,"y":529,"width":376,"height":12}},{"id":"ea636051-1690-4599-b943-b6455bca45e2","block_type":"box","text":"relevant sub-fund’s investments and the costs (which","page_number":159,"box":{"x":521,"y":543,"width":390,"height":12}},{"id":"8bac2f09-90cd-4288-b806-0944c47c3023","block_type":"box","text":"may include dealing charges and taxes) of acquiring or","page_number":159,"box":{"x":521,"y":557,"width":404,"height":12}},{"id":"da5d6c9c-f56b-4f45-89ff-d83944793d89","block_type":"box","text":"disposing of such investments, as the case may be.","page_number":159,"box":{"x":521,"y":571,"width":371,"height":12}},{"id":"ba1c15ad-4020-486c-a5ee-371d5409d489","block_type":"box","text":"The level of the dilution adjustment is set by the ACD","page_number":159,"box":{"x":541,"y":593,"width":398,"height":12}},{"id":"9d5c6b77-3241-4874-bd9f-1a5a1923c5f2","block_type":"box","text":"based on prevailing market conditions. Where liquidity is","page_number":159,"box":{"x":521,"y":607,"width":422,"height":12}},{"id":"0cf026b8-d6a2-4236-ab84-0d1814f72041","block_type":"box","text":"restricted and trading in size in the portfolio’s","page_number":159,"box":{"x":521,"y":621,"width":336,"height":12}},{"id":"1089d8af-17bd-4154-9f44-f8cc5705b763","block_type":"box","text":"investments results in significant movement in the prices","page_number":159,"box":{"x":521,"y":635,"width":418,"height":12}},{"id":"d572d901-cd6b-4190-a6fe-1e91b1dba900","block_type":"box","text":"of these investments the ACD may adjust the level of the","page_number":159,"box":{"x":521,"y":650,"width":420,"height":11}},{"id":"77860fbf-743d-460d-84ff-4e43dccadffb","block_type":"box","text":"dilution adjustment to protect the interests of the ongoing","page_number":159,"box":{"x":521,"y":664,"width":422,"height":12}},{"id":"63670c90-c41a-4ca4-a9ef-a64363dbb8cc","block_type":"box","text":"investors in a sub-fund. The ACD has thresholds for the","page_number":159,"box":{"x":521,"y":678,"width":412,"height":9}},{"id":"e536ef21-7ff2-45a7-9cac-4079c23e31c3","block_type":"box","text":"sub-funds for daily net inflows or outflows of cash into","page_number":159,"box":{"x":522,"y":692,"width":405,"height":12}},{"id":"97b4d4e0-1129-43ef-ac75-b466b2a5f94b","block_type":"box","text":"or out of the sub-funds. Above these thresholds, which","page_number":159,"box":{"x":521,"y":706,"width":407,"height":12}},{"id":"6736268d-557e-43e7-b7ac-127c8e3b7897","block_type":"box","text":"vary by sub-fund and according to market conditions, the","page_number":159,"box":{"x":521,"y":721,"width":421,"height":12}},{"id":"d4f8682f-e158-4e42-bdf2-61765587d247","block_type":"box","text":"ACD will increase the dilution adjustment to reflect the","page_number":159,"box":{"x":521,"y":735,"width":408,"height":12}},{"id":"148e9a71-b13a-4f9d-8227-235251dd3877","block_type":"box","text":"increased dealing costs incurred by the sub-funds as a","page_number":159,"box":{"x":521,"y":749,"width":395,"height":12}},{"id":"223a1bbb-11bb-46ee-943d-40f822e75e0b","block_type":"box","text":"result of larger inflows and outflows. 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n/a","page_number":164,"box":{"x":86,"y":414,"width":850,"height":9}},{"id":"5960f8ed-526b-4134-b3cf-2909b9b9f010","block_type":"box","text":"Baillie Gifford Managed Fund £1,000 £100,000 £250,000 n/a n/a","page_number":164,"box":{"x":86,"y":430,"width":850,"height":11}},{"id":"e39da313-0913-4ea5-9d19-445da663a1ab","block_type":"box","text":"Baillie Gifford Responsible Global Equity Income Fund n/a £100,000 £250,000 n/a £1,000","page_number":164,"box":{"x":86,"y":447,"width":850,"height":10}},{"id":"667da6fe-eadc-4ca8-8c4e-e5193a1b044f","block_type":"box","text":"Baillie Gifford UK and Worldwide Equity Fund n/a £100,000 £250,000 n/a n/a","page_number":164,"box":{"x":86,"y":463,"width":850,"height":11}},{"id":"6e456d93-3a9f-4fcb-b9fe-67e33898f87f","block_type":"box","text":"Baillie Gifford UK Equity Alpha Fund £1,000 £100,000 £250,000 n/a n/a","page_number":164,"box":{"x":86,"y":480,"width":850,"height":11}},{"id":"cc293cd3-7e06-401a-94fb-8fd5f3031135","block_type":"box","text":"Class K Class P Class W Class Y Class Z","page_number":164,"box":{"x":534,"y":497,"width":402,"height":9}},{"id":"7922ebe5-94ba-4d03-937c-4192d49a3412","block_type":"box","text":"Minimum lump sum investments:","page_number":164,"box":{"x":86,"y":518,"width":233,"height":10}},{"id":"2929a09f-3497-41de-b793-fbccabc1f16c","block_type":"box","text":"Baillie Gifford Global Alpha Growth Fund n/a £250,000 £1,000 n/a n/a","page_number":164,"box":{"x":86,"y":538,"width":850,"height":11}},{"id":"c76c979c-80aa-4c07-94bc-51b68e1b5a0a","block_type":"box","text":"Baillie Gifford Global Alpha Paris-Aligned Fund n/a n/a n/a £1,000 £100,000","page_number":164,"box":{"x":86,"y":555,"width":850,"height":10}},{"id":"4bb401dc-9c15-43ea-9f0e-6f1ec5b162da","block_type":"box","text":"Baillie Gifford Global Income Growth Fund n/a £250,000 n/a n/a n/a","page_number":164,"box":{"x":86,"y":571,"width":850,"height":10}},{"id":"1056745b-fcc3-4adf-9b2b-3b4df603329c","block_type":"box","text":"Baillie Gifford International Fund n/a n/a n/a n/a n/a","page_number":164,"box":{"x":86,"y":588,"width":850,"height":8}},{"id":"a4ecebb5-28ca-48ac-8b38-c2d33b1eac4e","block_type":"box","text":"Baillie Gifford Managed Fund £250,000 n/a n/a n/a n/a","page_number":164,"box":{"x":86,"y":604,"width":850,"height":11}},{"id":"33635cb7-92bb-4563-a373-41575e497a99","block_type":"box","text":"Baillie Gifford Responsible Global Equity Income Fund n/a £250,000 £1,000 n/a n/a","page_number":164,"box":{"x":86,"y":621,"width":850,"height":11}},{"id":"27adc11f-39ac-4b75-ae20-47f26ff6060c","block_type":"box","text":"Baillie Gifford UK and Worldwide Equity Fund n/a n/a n/a n/a n/a","page_number":164,"box":{"x":86,"y":638,"width":850,"height":10}},{"id":"f1a790a6-c6b7-4026-a0d9-87a14846f489","block_type":"box","text":"Baillie Gifford UK Equity Alpha Fund n/a n/a n/a n/a n/a","page_number":164,"box":{"x":86,"y":654,"width":850,"height":11}},{"id":"613cba92-0b05-4b8c-884c-32a68704a939","block_type":"box","text":"Baillie Gifford UK & Balanced Funds ICVC","page_number":164,"box":{"x":76,"y":66,"width":371,"height":10}},{"id":"7e4dad25-d9a5-4446-adf6-8b22db111ed7","block_type":"box","text":"July 2026","page_number":164,"box":{"x":867,"y":66,"width":79,"height":12}},{"id":"8a079f1c-b6cb-41a0-ad49-0c6df1204719","block_type":"box","text":"General Information cont.","page_number":164,"box":{"x":76,"y":177,"width":378,"height":18}},{"id":"41239e0d-8708-4d13-9c55-4ca7398cd026","block_type":"box","text":"162","page_number":164,"box":{"x":77,"y":945,"width":25,"height":9}},{"id":"1ab382dc-519a-43a8-8bef-5a22dc633416","block_type":"box","text":"Minimum Lump Sum Investment Amounts and Annual Management Charge cont.","page_number":165,"box":{"x":75,"y":281,"width":769,"height":13}},{"id":"89ce707f-33ce-4e23-9612-278d7693e065","block_type":"box","text":"Class A Class B Class C Class G Class J","page_number":165,"box":{"x":534,"y":316,"width":401,"height":8}},{"id":"79b282d0-150a-4032-8b1c-13882fbd46b1","block_type":"box","text":"Annual management charge:","page_number":165,"box":{"x":85,"y":336,"width":203,"height":11}},{"id":"551edabf-c619-4ad2-b7e0-3a3f9bada3ca","block_type":"box","text":"Baillie Gifford Global Alpha Growth Fund 1.42% 0.57% Nil n/a n/a","page_number":165,"box":{"x":86,"y":357,"width":850,"height":10}},{"id":"2b1801ac-1eb2-4865-9dda-0332abea0b37","block_type":"box","text":"Baillie Gifford Global Alpha Paris-Aligned Fund n/a 0.57% Nil n/a n/a","page_number":165,"box":{"x":86,"y":373,"width":850,"height":11}},{"id":"08dd88fa-bcf3-4a65-8ba1-afb653a675a4","block_type":"box","text":"Baillie Gifford Global Income Growth Fund 1.35% 0.50% Nil n/a 0.35%","page_number":165,"box":{"x":86,"y":390,"width":849,"height":8}},{"id":"c84092fa-d14b-4324-bde3-25289de1dfa3","block_type":"box","text":"Baillie Gifford International Fund 1.42% 0.57% Nil 0.50% n/a","page_number":165,"box":{"x":86,"y":406,"width":850,"height":9}},{"id":"8fd0ea33-71b0-4047-a8ed-61db0ff4a1b9","block_type":"box","text":"Baillie Gifford Managed Fund 1.50% 0.40% Nil n/a n/a","page_number":165,"box":{"x":86,"y":423,"width":850,"height":11}},{"id":"e43bc3d5-ff4c-4418-b76c-316eadf9190d","block_type":"box","text":"Baillie Gifford Responsible Global Equity Income Fund n/a 0.50% Nil n/a 0.35%","page_number":165,"box":{"x":86,"y":440,"width":849,"height":10}},{"id":"6b599eaf-e407-4aa1-bd0c-3b0e81f0df28","block_type":"box","text":"Baillie Gifford UK and Worldwide Equity Fund n/a 0.45% Nil n/a n/a","page_number":165,"box":{"x":86,"y":456,"width":850,"height":11}},{"id":"b48fecef-6895-41c2-b771-be2aaac0874f","block_type":"box","text":"Baillie Gifford UK Equity Alpha Fund 1.32% 0.47% Nil n/a n/a","page_number":165,"box":{"x":86,"y":473,"width":850,"height":10}},{"id":"a831ba8a-080d-4bfb-b11c-baedb5d7a7a1","block_type":"box","text":"Class K Class P Class W Class Y Class Z","page_number":165,"box":{"x":534,"y":490,"width":402,"height":8}},{"id":"0c9b1fbb-ffc1-4d40-9dfc-e82ae5c0f076","block_type":"box","text":"Annual management charge:","page_number":165,"box":{"x":85,"y":511,"width":203,"height":10}},{"id":"45a04f4c-a054-4513-91b1-386084ecff51","block_type":"box","text":"Baillie Gifford Global Alpha Growth Fund n/a 0.50% Note1 n/a n/a","page_number":165,"box":{"x":86,"y":531,"width":841,"height":10}},{"id":"0f18ea46-b630-449f-a397-6c2545a51226","block_type":"box","text":"Baillie Gifford Global Alpha Paris-Aligned Fund n/a n/a n/a Note2 Note3","page_number":165,"box":{"x":86,"y":548,"width":850,"height":10}},{"id":"85643c11-9b29-48be-a321-e005dae9849f","block_type":"box","text":"Baillie Gifford Global Income Growth Fund n/a 0.45% n/a n/a n/a","page_number":165,"box":{"x":86,"y":564,"width":841,"height":9}},{"id":"a642751a-3a79-4dc8-8edf-d836b267d71e","block_type":"box","text":"Baillie Gifford International Fund n/a n/a n/a n/a n/a","page_number":165,"box":{"x":86,"y":581,"width":841,"height":8}},{"id":"6259648d-684a-45a2-a9e8-b44306d5ec9b","block_type":"box","text":"Baillie Gifford Managed Fund 0.32% n/a n/a n/a n/a","page_number":165,"box":{"x":86,"y":597,"width":841,"height":11}},{"id":"4fd919b6-31cc-4105-a274-a6c3652a605f","block_type":"box","text":"Baillie Gifford Responsible Global Equity Income Fund n/a 0.45% Note4 n/a n/a","page_number":165,"box":{"x":86,"y":614,"width":841,"height":10}},{"id":"0ca99231-a61b-4176-9352-a9013c81e051","block_type":"box","text":"Baillie Gifford UK and Worldwide Equity Fund n/a n/a n/a n/a n/a","page_number":165,"box":{"x":86,"y":631,"width":841,"height":10}},{"id":"3c4f994a-5083-4f70-8c4f-d34d9b9e0c85","block_type":"box","text":"Baillie Gifford UK Equity Alpha Fund n/a n/a n/a n/a n/a","page_number":165,"box":{"x":86,"y":647,"width":841,"height":11}},{"id":"10e36970-e8a1-446a-9d3b-6510b83d1962","block_type":"box","text":"1","page_number":165,"box":{"x":76,"y":672,"width":2,"height":4}},{"id":"8c457f44-076c-4189-8cad-b6454859f1cb","block_type":"box","text":"Where the combined net asset value of the relevant Class W Shares (accumulation and income) is equal to or greater than £100 million, the","page_number":165,"box":{"x":81,"y":673,"width":830,"height":9}},{"id":"fd5effdc-02cb-4a43-870a-e4afb12fb419","block_type":"box","text":"following fee scale will be applied to the whole of the net asset value of the relevant Class W Shares:","page_number":165,"box":{"x":75,"y":684,"width":600,"height":9}},{"id":"2d42fefe-0334-4216-b926-c9e83949cdd3","block_type":"box","text":"- 0.57% on the first £60 million;","page_number":165,"box":{"x":76,"y":694,"width":186,"height":9}},{"id":"ba630e81-438f-4952-8e3e-3296a052c3a5","block_type":"box","text":"- 0.35% on the next £540 million; and","page_number":165,"box":{"x":76,"y":705,"width":223,"height":8}},{"id":"d99f2a18-345c-4793-be28-5f37add1373a","block_type":"box","text":"- 0.33% thereafter.","page_number":165,"box":{"x":76,"y":716,"width":111,"height":7}},{"id":"fce7a124-128c-4115-ac14-63b231188ed9","block_type":"box","text":"Where the combined net asset value of the relevant Class W Shares (accumulation and income) is less than £100 million a rate of 0.57% shall be","page_number":165,"box":{"x":75,"y":726,"width":864,"height":9}},{"id":"cfde306f-75fa-4d40-be25-a7d42057870c","block_type":"box","text":"applied to the whole of the net asset value of the relevant Class W Shares.","page_number":165,"box":{"x":75,"y":737,"width":443,"height":9}},{"id":"34fde81c-a956-40cd-959a-f83b5308a6e2","block_type":"box","text":"2","page_number":165,"box":{"x":75,"y":750,"width":5,"height":4}},{"id":"d079cf1b-75aa-48fc-a893-20207f97eef8","block_type":"box","text":"From 22 May 2026 - 21 May 2028: The following fee scale will be applied to the whole of the net asset value of the relevant Class Y Shares:","page_number":165,"box":{"x":82,"y":751,"width":831,"height":9}},{"id":"6ef28478-26b0-4301-8553-fd7e8a7d5ca6","block_type":"box","text":"- 0.285% on the first £60 million;","page_number":165,"box":{"x":76,"y":762,"width":193,"height":8}},{"id":"37ef6373-3393-4cd1-a538-5800db9b3a13","block_type":"box","text":"- 0.175% on the next £540 million; and","page_number":165,"box":{"x":76,"y":773,"width":231,"height":8}},{"id":"e2b0a0f4-38e5-49b5-a2ef-01949f520475","block_type":"box","text":"- 0.165% thereafter.","page_number":165,"box":{"x":76,"y":783,"width":119,"height":7}},{"id":"426d7a9e-33f1-46aa-a000-a5aa6696f95e","block_type":"box","text":"From 22 May 2028 onward: The following fee scale will be applied to the whole of the net asset value of the relevant Class Y Shares:","page_number":165,"box":{"x":76,"y":794,"width":790,"height":9}},{"id":"bf0aa1db-b663-4576-985d-6cd2a58f9743","block_type":"box","text":"- 0.57% on the first £60 million;","page_number":165,"box":{"x":76,"y":805,"width":186,"height":8}},{"id":"f908512f-da7e-4c85-84ef-7d168903c094","block_type":"box","text":"- 0.35% on the next £540 million; and","page_number":165,"box":{"x":76,"y":815,"width":223,"height":9}},{"id":"5c1213bf-e15c-42ab-a023-1d232c0df057","block_type":"box","text":"- 0.33% thereafter.","page_number":165,"box":{"x":76,"y":826,"width":111,"height":7}},{"id":"869f18fe-c45e-488d-a901-d0ddbc5abbda","block_type":"box","text":"3","page_number":165,"box":{"x":75,"y":839,"width":5,"height":4}},{"id":"19da94d4-2b3d-48b4-8622-853c6456bb32","block_type":"box","text":"The following fee scale will be applied to the whole of the net asset value of the relevant Class Z Shares:","page_number":165,"box":{"x":81,"y":840,"width":621,"height":9}},{"id":"de7aba27-6917-43bb-b37c-91b99fe8469c","block_type":"box","text":"- from 22 May 2026 - 21 May 2028: 0.285%; and","page_number":165,"box":{"x":76,"y":851,"width":295,"height":9}},{"id":"dbfe5260-9d4a-47c6-9191-1598134e76f0","block_type":"box","text":"- from 22 May 2028 onwards: 0.57%.","page_number":165,"box":{"x":76,"y":862,"width":222,"height":8}},{"id":"b82fb07e-66b7-4351-beaf-ce5719e31baa","block_type":"box","text":"4","page_number":165,"box":{"x":75,"y":875,"width":5,"height":4}},{"id":"0132b369-ae78-404d-bc51-229ffc46fc32","block_type":"box","text":"Where the combined net asset value of the relevant Class W Shares (accumulation and income) is equal to or greater than £100 million, the","page_number":165,"box":{"x":81,"y":876,"width":830,"height":9}},{"id":"ba8e81b9-d8f3-42cb-ab1f-45e894f2f20f","block_type":"box","text":"following fee scale will be applied to the whole of the net asset value of the relevant Class W Shares:","page_number":165,"box":{"x":75,"y":886,"width":600,"height":9}},{"id":"38cfdfc4-cf81-41e4-a9f6-ea10142bf02b","block_type":"box","text":"- 0.50% on the first £60 million;","page_number":165,"box":{"x":76,"y":897,"width":186,"height":8}},{"id":"48dd94a1-b6b7-4d18-82ec-2d27183e8f19","block_type":"box","text":"- 0.35% on the next £190 million;","page_number":165,"box":{"x":76,"y":908,"width":197,"height":8}},{"id":"229dd7e8-4531-4de0-aea5-262f9314cd5a","block_type":"box","text":"- 0.30% on the next £500 million; and","page_number":165,"box":{"x":76,"y":918,"width":223,"height":9}},{"id":"960984e7-0340-4e23-aaa2-fe9336d14995","block_type":"box","text":"Baillie Gifford UK & Balanced Funds ICVC","page_number":165,"box":{"x":76,"y":66,"width":371,"height":10}},{"id":"9f68ba04-8f42-4084-9d5e-79b71e192c7b","block_type":"box","text":"July 2026","page_number":165,"box":{"x":867,"y":66,"width":79,"height":12}},{"id":"41ccd27e-1504-4f24-afcc-364e87c93387","block_type":"box","text":"General Information cont.","page_number":165,"box":{"x":76,"y":177,"width":378,"height":18}},{"id":"4c502166-bcd6-49c6-9904-d61d7e2fd84c","block_type":"box","text":"163","page_number":165,"box":{"x":920,"y":945,"width":26,"height":9}},{"id":"7024b6f3-290e-49dc-a095-30966f55aaa3","block_type":"box","text":"Minimum Lump Sum Investment Amounts and Annual Management Charge cont.","page_number":166,"box":{"x":75,"y":281,"width":769,"height":13}},{"id":"1fd787de-a24b-4612-b714-f180dc331ee8","block_type":"box","text":"- 0.25% thereafter.","page_number":166,"box":{"x":76,"y":310,"width":111,"height":7}},{"id":"100ec0c5-a66f-4d4d-82a9-863d598519bc","block_type":"box","text":"Where the combined net asset value of the relevant Class W Shares (accumulation and income) is less than £100 million a rate of 0.50% shall 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