# EDGAR Filing Document

**Accession Number:** 0001120543
**File Stem:** 0001752724-25-205105
**Filing Date:** 2025-8
**Character Count:** 25491
**Document Hash:** 17be3678536e81214091d6bd0309e718
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205105.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205105

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAILLIE GIFFORD FUNDS
- **CENTRAL INDEX KEY:** 0001120543

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10145
- **FILM NUMBER:** 251255634

**BUSINESS ADDRESS:**
- **STREET 1:** CALTON SQUARE, 1 GREENSIDE ROW
- **STREET 2:** EDINBURGH SCOTLAND
- **CITY:** EH1 3AN
- **STATE:** X0
- **ZIP:** 00000
- **BUSINESS PHONE:** 0144131222

**MAIL ADDRESS:**
- **STREET 1:** CALTON SQUARE, 1 GREENSIDE ROW
- **STREET 2:** EDINBURGH SCOTLAND
- **CITY:** EH1 3AN
- **STATE:** X0
- **ZIP:** 00000

## Series and Classes Contracts Data

### Baillie Gifford Emerging Markets ex China Fund (Series ID: S000074798)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000233007 | Class K             | BGEZX           |
| C000233008 | Institutional Class | BGEWX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Baillie Gifford Funds

- **b. Investment Company Act file number:** 811-10145

- **c. CIK number of Registrant:** 0001120543

- **d. LEI of Registrant:** 213800T287IYS8QHPC42

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** CALTON SQUARE, ONE GREENSIDE ROW

  - **City:** EDINBURGH

  - **Zip / Postal Code:** EH1 3AN

  - **Telephone number:** 011-44-131-275-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Baillie Gifford Emerging Markets Ex China Fund

- **b. EDGAR series identifier (if any):** S000074798

- **c. LEI of Series:** 213800OAVX3D86UGW321

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1175422.32

**Total Liabilities:** $11032.00

**Net Assets:** $1164390.32

**Cash Not Reported:** $9703.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233007 | 2.02%                | 6.27%                | 8.80%                |
| Class ID C000233008 | 2.02%                | 6.27%                | 8.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $423.57                  | $18079.69                                  |
| Month 2  | $0.00                    | $63875.88                                  |
| Month 3  | $-2756.35                | $95267.47                                  |

### Schedule of Portfolio Investments

| Name                           | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ivanhoe Mines Ltd              | Ivanhoe Mines Ltd                           | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |       892 | NS      | $6701.05      | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd   | Impala Platinum Holdings Ltd                | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |      2429 | NS      | $21825.18     | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                   | MediaTek Inc                                | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      1000 | NS      | $42848.66     | 3.68%             |  |  |  | No            |                  2 | On Loan: No      |
| NCSoft Corp                    | NCSoft Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |        26 | NS      | $3971.49      | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Escorts Kubota Ltd             | Escorts Kubota Ltd                          | CUSIP: 000000000<br>LEI: 335800FPEJC7WFBUBF07 | Long             | EC               | CORP              | IN        |       178 | NS      | $6922.29      | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp         | Accton Technology Corp                      | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      1000 | NS      | $24993.76     | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV   | Wal-Mart de Mexico SAB de CV                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      2940 | NS      | $9726.62      | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                     | Globant SA                                  | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |        49 | NS      | $4451.16      | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Raia Drogasil SA               | Raia Drogasil SA                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |       700 | NS      | $1951.92      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de C | Sociedad Quimica y Minera de Chile SA       | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |       383 | NS      | $13508.41     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia PJSC        | Sberbank of Russia PJSC                     | CUSIP: 000000000<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |      5512 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MMC Norilsk Nickel PJSC        | MMC Norilsk Nickel PJSC                     | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |         6 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Kaspi.KZ JSC                   | Kaspi.KZ JSC                                | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |        78 | NS      | $6621.42      | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd   | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      6000 | NS      | $219416.12    | 18.84%            |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co               | Hyundai Motor Co                            | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |       103 | NS      | $15466.22     | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Lundin Mining Corp             | Lundin Mining Corp                          | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |       715 | NS      | $7518.85      | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT    | Bank Mandiri Persero Tbk PT                 | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |     17800 | NS      | $5346.84      | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bradesco SA              | Banco Bradesco SA                           | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |      2757 | NS      | $8519.13      | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                    | Coupang Inc                                 | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |       554 | NS      | $16597.84     | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor India Ltd        | Hyundai Motor India Ltd                     | CUSIP: 000000000<br>LEI: 335800HWX9HKN9N12M74 | Long             | EC               | CORP              | IN        |       104 | NS      | $2691.80      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consultancy Services Ltd  | Tata Consultancy Services Ltd               | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |       423 | NS      | $17080.94     | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                              | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |       963 | NS      | $16274.45     | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands              | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |      1333 | NS      | $18288.76     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Raizen SA                      | Raizen SA                                   | CUSIP: 000000000<br>LEI: 5493000WQL3QP7QXX484 | Long             | EP               | CORP              | BR        |      9700 | NS      | $2945.83      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Delhivery Ltd                  | Delhivery Ltd                               | CUSIP: 000000000<br>LEI: 335800CUQ1SBCH9TTH82 | Long             | EC               | CORP              | IN        |      2161 | NS      | $9650.65      | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd     | First Quantum Minerals Ltd                  | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |      1669 | NS      | $29647.96     | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                     | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |       224 | NS      | $35826.56     | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Rakyat Indonesia Persero  | Bank Rakyat Indonesia Persero Tbk PT        | CUSIP: 000000000<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |     49200 | NS      | $11343.57     | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobile World Investment Corp   | Mobile World Investment Corp                | CUSIP: 000000000<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |      2400 | NS      | $6023.83      | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc             | E Ink Holdings Inc                          | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |      1000 | NS      | $7568.84      | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd                    | Naspers Ltd                                 | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |       139 | NS      | $43369.89     | 3.72%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                   | SK Hynix Inc                                | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       211 | NS      | $45466.62     | 3.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                  | Credicorp Ltd                               | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |        61 | NS      | $13634.72     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cholamandalam Investment and F | Cholamandalam Investment and Finance Co Ltd | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |       392 | NS      | $7447.52      | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd        | Reliance Industries Ltd                     | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |      2439 | NS      | $42690.35     | 3.67%             |  |  |  | No            |                  2 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao    | B3 SA - Brasil Bolsa Balcao                 | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |      7300 | NS      | $19536.18     | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO       | GMK Norilskiy Nickel PAO                    | CUSIP: 000000000<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |      9400 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                            | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |        18 | NS      | $47045.34     | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd               | WNS Holdings Ltd                            | CUSIP: 000000000<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | IN        |       116 | NS      | $7335.84      | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB | Fomento Economico Mexicano SAB de CV        | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |       149 | NS      | $15344.02     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                  | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |       544 | NS      | $19956.59     | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Eicher Motors Ltd              | Eicher Motors Ltd                           | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |        96 | NS      | $6333.51      | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Tadawul Group Holding Co | Saudi Tadawul Group Holding Co              | CUSIP: 000000000<br>LEI: 894500BXFAWZK686TP37 | Long             | EC               | CORP              | SA        |       118 | NS      | $5552.10      | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Moscow Exchange MICEX-RTS PJSC | Moscow Exchange MICEX-RTS PJSC              | CUSIP: 000000000<br>LEI: 253400M5M1222KPNWE87 | Long             | EC               | CORP              | RU        |      2760 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| FirstRand Ltd                  | FirstRand Ltd                               | CUSIP: 000000000<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |      1342 | NS      | $5736.83      | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Samvardhana Motherson Internat | Samvardhana Motherson International Ltd     | CUSIP: 000000000<br>LEI: 335800C7BQ19CKG8GH63 | Long             | EC               | CORP              | IN        |      5661 | NS      | $10219.52     | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro.eu SA                  | Allegro.eu SA                               | CUSIP: 000000000<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | PL        |      1190 | NS      | $11456.86     | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Life Insurance Co Ltd     | HDFC Life Insurance Co Ltd                  | CUSIP: 000000000<br>LEI: 335800RQI8GAFHIRGZ37 | Long             | EC               | CORP              | IN        |      2130 | NS      | $20214.53     | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                  | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      1093 | NS      | $48334.23     | 4.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Valeura Energy Inc             | Valeura Energy Inc                          | CUSIP: 919144402<br>LEI: 2549003ZBCOPPO06GY48 | Long             | EC               | CORP              | SG        |      1554 | NS      | $8182.25      | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BBB Foods Inc                  | BBB Foods Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |       156 | NS      | $4330.56      | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Copa Holdings SA               | Copa Holdings SA                            | CUSIP: 000000000<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |        72 | NS      | $7917.84      | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| UltraTech Cement Ltd           | UltraTech Cement Ltd                        | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |        79 | NS      | $11142.96     | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Grab Holdings Ltd              | Grab Holdings Ltd                           | CUSIP: 000000000<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | SG        |      2480 | NS      | $12474.40     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Natura & Co Holding SA         | Natura & Co Holding SA                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      2800 | NS      | $5694.72      | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SCB X PCL                      | SCB X PCL                                   | CUSIP: 000000000<br>LEI: 254900TG41KIWX7VDO42 | Long             | EC               | CORP              | TH        |      2000 | NS      | $7157.37      | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Fabrinet                       | Fabrinet                                    | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |        48 | NS      | $14144.64     | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WEG SA                         | WEG SA                                      | CUSIP: 000000000<br>LEI: 254900NKQV127YFRO022 | Long             | EC               | CORP              | BR        |       700 | NS      | $5506.62      | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Remgro Ltd                     | Remgro Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |       626 | NS      | $5602.35      | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Lojas Renner SA                | Lojas Renner SA                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      2500 | NS      | $9032.60      | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                      | Petroleo Brasileiro SA - Petrobras          | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |      1958 | NS      | $24494.58     | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd        | Kotak Mahindra Bank Ltd                     | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |       598 | NS      | $15086.98     | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB d | Grupo Financiero Banorte SAB de CV          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      1643 | NS      | $15076.78     | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                      | Petroleo Brasileiro SA - Petrobras          | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |       801 | NS      | $9243.54      | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd                 | PB Fintech Ltd                              | CUSIP: 000000000<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |       316 | NS      | $6717.09      | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| KGHM Polska Miedz SA           | KGHM Polska Miedz SA                        | CUSIP: 000000000<br>LEI: G30CO71KTT9JDYJESN22 | Long             | EC               | CORP              | PL        |       210 | NS      | $7516.26      | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                               | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |      1897 | NS      | $26531.56     | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Baillie Gifford Funds

**Signature:** Lindsay Cockburn

**Name of Signer:** Lindsay Cockburn

**Title:** Treasurer