Baillie Gifford International Alpha ETF (BGIA)

The Baillie Gifford International Alpha ETF (BGIA) is an actively managed equity fund from Baillie Gifford, the Edinburgh-based investment partnership.

The fund invests in companies based outside the United States, primarily in developed markets with some exposure to emerging markets. The International Alpha strategy seeks to outperform through bottom-up stock selection, building a diversified portfolio that blends different types of growth companies, from rapidly expanding businesses to more established firms with steady compounding potential.

Baillie Gifford's managers focus on long-term company fundamentals such as competitive advantages, management quality and growth opportunities, and hold positions over multi-year periods. The fund's goal is long-term capital appreciation relative to international equity markets.