The International Alpha strategy is managed by a six-person team with average tenure exceeding six years, led by experienced portfolio managers including Andrew Stobart, Donald M. Farquharson, and Roderick Snell. The team combines regional expertise with global perspective through Baillie Gifford's collaborative Portfolio Construction Group structure. Donald Farquharson heads the Japanese Equities Team with 32 years of investment experience dedicated to Japanese equities. Roderick Snell manages Emerging Markets strategies and joined Baillie Gifford in 2006. Steve Vaughan, CFA, brings analytical rigor from the Smaller Companies Equities Team. The management approach emphasizes deep fundamental research and patient capital deployment across international markets.

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The Baillie Gifford International Alpha Fund employs a distinctly long-term investment philosophy, seeking to outperform the MSCI ACWI ex-US benchmark by 2-3% per annum over rolling five-year periods. The strategy focuses on capital appreciation through a concentrated portfolio of 60-90 international growth companies with exceptional long-term prospects. Portfolio managers employ a bottom-up approach to stock selection, seeking companies without being constrained by benchmark weightings. The fund aims to hold securities for long periods, typically at least 5 years, resulting in relatively low portfolio turnover of 16-20% annually. The investment approach combines local knowledge from regional teams with senior investor experience, emphasizing company research and long-term industry outlooks rather than short-term market movements.

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