When will the Baillie Gifford positive change equity fund launch?

The fund is expected to launch in the second quarter of 2022 and subsequently seeks to adopt the existing Baillie Gifford Positive Change Equities Fund, contingent upon shareholder approval. Vanguard expects to make the combined fund available for public investment in the third quarter.

What are the risks of investing in Baillie Gifford positive change equity funds?

As with all mutual funds, the value of an investment in the Fund could decline, so you could lose money. The most significant risks of an investment in the Baillie Gifford Positive Change Equities Fund are Investment Style Risk, Growth Stock Risk, Long-Term Investment Strategy Risk, Non-Diversification Risk and Impact Risk.

Who is Baillie Gifford?

Baillie Gifford Overseas Ltd., Edinburgh, Scotland—a unit of Baillie Gifford & Co., founded in 1908—is among the largest independently owned investment management firms in the United Kingdom. The firm has advised Vanguard Baillie Gifford Global Positive Impact Stock Fund since 2017. Portfolio Manager. Advised the fund since 2017.