Baillie Gifford reshuffles fixed interest range

Baillie Gifford has rationalised its fixed interest fund range and added a further fund, which will ...

Baillie Gifford has rationalised its fixed interest fund range and added a further fund, which will invest solely in investment grade corporate bonds. The rationalisation process, first reported in Investment Week in September, was deemed necessary to clarify the fixed interest fund range. This is because the original Corporate Bond fund sat in the Autif other bond sector and the Gilt & Fixed Interest fund, the group's gilt offering, sat in the corporate bond sector. The Gilt & Fixed Interest fund will have its gilts weightings raised to fulfil Autif's criteria for the sector. With a tw...