Baillie Gifford are making changes to the following funds: 

  • SL Baillie Gifford UK and Worldwide Equity Pension Fund (fund code – KI)  
  • SL Baillie Gifford UK Equity Core Pension Fund (fund code – KU) 

As a result of this, Standard Life will be updating our fund names and descriptions in line with these changes. This will take effect from 2 February 2026. 

You can see details of the current and new fund description in the table below

We’ll be updating our fund factsheets to reflect the new investment objective. These will be available on standardlife.co.uk/funds once updated. 

Fund name 
SL Baillie Gifford UK and Worldwide Equity Pension Fund (fund code – KI)
Current fund description New fund description

The SL Baillie Gifford UK and Worldwide Equity Pension Fund invests primarily in the Baillie Gifford UK and Worldwide Equity Fund. The aim of the Baillie Gifford UK and Worldwide Equity Fund is summarised below. 

The fund aims to outperform (after deduction of costs) a composite index comprising 60% UK and 40% overseas equities, as stated in sterling, by at least 1% per annum over rolling five-year periods. The composite index is calculated by Baillie Gifford and comprises: 60% FTSE All-Share Index and 40% overseas indices. The overseas element is currently made up of 28% FTSE North America Index; 28% FTSE Europe (ex UK) Index; 28% MSCI Pacific Index and 16% MSCI Emerging Markets Index. The manager will apply a norms-based evaluation to assess whether investments are in compliance with the Baillie Gifford United Nations Global Compact Exclusion Policy (“UNGC Exclusion Policy”), as more fully set out in Baillie Gifford’s ESG Principles and Guidelines. See the manager's website for more details.  

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.

The SL Baillie Gifford UK and Worldwide Equity Pension Fund invests primarily in the Baillie Gifford UK and Worldwide Equity Fund. The aim of the Baillie Gifford UK and Worldwide Equity Fund is summarised below. 

The Sub fund aims to outperform (after deduction of costs) a composite index comprising 60% UK and 40% overseas equities, as stated in sterling over rolling five-year periods. The composite index is calculated by Baillie Gifford and comprises: 60% FTSE All-Share Index and 40% overseas indices. The overseas element is currently made up of 28% FTSE North America Index; 28% FTSE Europe (ex UK) Index; 28% MSCI Pacific Index and 16% MSCI Emerging Markets Index. The manager will apply a norms-based evaluation to assess whether investments are in compliance with the Baillie Gifford United Nations Global Compact Exclusion Policy (“UNGC Exclusion Policy”), as more fully set out in Baillie Gifford’s ESG Principles and Guidelines. See the manager's website for more details.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.

 

 

 

Fund name New fund name
SL Baillie Gifford UK Equity Core Pension Fund (fund code – KU) SL Baillie Gifford UK Equity Core Growth Pension Fund (fund code – KU)
Current fund description New fund description

The SL Baillie Gifford UK Equity Core Pension Fund invests primarily in the Baillie Gifford UK Equity Core Fund. The aim of the Baillie Gifford UK Equity Core Fund is summarised below. 

The fund aims to outperform (after deduction of costs) the FTSE All Share Index by at least 1% per annum over rolling five year periods. The manager will apply a norms-based evaluation to assess whether investments are in compliance with the Baillie Gifford United Nations Global Compact Exclusion Policy (“UNGC Exclusion Policy”), as more fully set out in Baillie Gifford’s ESG Principles and Guidelines. See the manager's website for more details.  

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.

The SL Baillie Gifford UK Equity Core Growth Pension Fund invests primarily in the Baillie Gifford UK Equity Core Growth Fund. The aim of the Baillie Gifford UK Equity Core Growth Fund is summarised below. 

The Sub-fund aims to outperform (after deduction of costs) the FTSE All-Share Index (the “Index”) over rolling five-year periods. The manager will apply a norms-based evaluation to assess whether investments are in compliance with the Baillie Gifford United Nations Global Compact Exclusion Policy (“UNGC Exclusion Policy”), as more fully set out in Baillie Gifford’s ESG Principles and Guidelines. See the manager's website for more details.  

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.