BSGLX vs. MEIFX

Last updated Apr 1, 2026

Compare and contrast key facts about Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Meridian Enhanced Equity Fund (MEIFX).

BSGLX is managed by Baillie Gifford Funds. MEIFX is managed by Meridian. It was launched on Jan 31, 2005.

Performance

BSGLX vs. MEIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Meridian Enhanced Equity Fund (MEIFX). The values are adjusted to include any dividend payments, if applicable.

BSGLX vs. MEIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	-19.24%	16.26%	24.92%	36.43%	-46.11%	2.37%	101.90%	33.40%	-1.42%	24.21%
MEIFX Meridian Enhanced Equity Fund	-1.60%	6.51%	13.19%	18.96%	-16.43%	15.15%	26.18%	44.95%	-0.51%	21.31%

Returns By Period

In the year-to-date period, BSGLX achieves a -19.24% return, which is significantly lower than MEIFX's -1.60% return.

BSGLX

• 1D: -0.93%
• 1M: -9.96%
• YTD: -19.24%
• 6M: -24.40%
• 1Y: -0.45%
• 3Y*: 10.41%
• 5Y*: -2.06%
• 10Y*: —

MEIFX

• 1D: 0.08%
• 1M: -3.16%
• YTD: -1.60%
• 6M: -1.55%
• 1Y: 4.96%
• 3Y*: 9.70%
• 5Y*: 5.75%
• 10Y*: 13.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSGLX vs. MEIFX - Expense Ratio Comparison

BSGLX has a 0.80% expense ratio, which is lower than MEIFX's 1.20% expense ratio.

MEIFX

Meridian Enhanced Equity Fund

BSGLX

Baillie Gifford Long Term Global Growth Fund Class I

Return for Risk

BSGLX vs. MEIFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSGLX

BSGLX Risk / Return Rank: 5
BSGLX Sharpe Ratio Rank: 5
BSGLX Sortino Ratio Rank: 5
BSGLX Omega Ratio Rank: 5
BSGLX Calmar Ratio Rank: 4
BSGLX Martin Ratio Rank: 4

MEIFX

MEIFX Risk / Return Rank: 15
MEIFX Sharpe Ratio Rank: 11
MEIFX Sortino Ratio Rank: 12
MEIFX Omega Ratio Rank: 11
MEIFX Calmar Ratio Rank: 17
MEIFX Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSGLX vs. MEIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Meridian Enhanced Equity Fund (MEIFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BSGLX	MEIFX	Difference
Sharpe ratio Return per unit of total volatility	-0.07	0.30	-0.37
Sortino ratio Return per unit of downside risk	0.08	0.55	-0.47
Omega ratio Gain probability vs. loss probability	1.01	1.07	-0.06
Calmar ratio Return relative to maximum drawdown	-0.17	0.49	-0.66
Martin ratio Return relative to average drawdown	-0.50	2.30	-2.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSGLX vs. MEIFX - Sharpe Ratio Comparison

The current BSGLX Sharpe Ratio is -0.07, which is lower than the MEIFX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of BSGLX and MEIFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BSGLX	MEIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.07	0.30	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.37	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.51	-0.06

Correlation

The correlation between BSGLX and MEIFX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BSGLX vs. MEIFX - Dividend Comparison

BSGLX has not paid dividends to shareholders, while MEIFX's dividend yield for the trailing twelve months is around 7.36%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	0.00%	0.00%	0.00%	0.00%	3.85%	5.17%	8.40%	0.15%	10.07%	0.00%	0.00%	0.00%
MEIFX Meridian Enhanced Equity Fund	7.36%	7.25%	14.61%	0.61%	9.28%	25.44%	13.26%	40.49%	11.67%	1.18%	0.78%	4.24%

Drawdowns

BSGLX vs. MEIFX - Drawdown Comparison

The maximum BSGLX drawdown since its inception was -56.23%, roughly equal to the maximum MEIFX drawdown of -54.37%. Use the drawdown chart below to compare losses from any high point for BSGLX and MEIFX.

Drawdown Indicators

	BSGLX	MEIFX	Difference
Max Drawdown Largest peak-to-trough decline	-56.23%	-54.37%	-1.86%
Max Drawdown (1Y) Largest decline over 1 year	-25.69%	-8.99%	-16.70%
Max Drawdown (5Y) Largest decline over 5 years	-56.21%	-23.54%	-32.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.67%	—
Current Drawdown Current decline from peak	-25.69%	-7.42%	-18.27%
Average Drawdown Average peak-to-trough decline	-17.83%	-7.76%	-10.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.62%	2.05%	+6.57%

Volatility

BSGLX vs. MEIFX - Volatility Comparison

Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) has a higher volatility of 7.55% compared to Meridian Enhanced Equity Fund (MEIFX) at 3.54%. This indicates that BSGLX's price experiences larger fluctuations and is considered to be riskier than MEIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSGLX	MEIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.55%	3.54%	+4.01%
Volatility (6M) Calculated over the trailing 6-month period	16.32%	7.12%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	25.54%	14.91%	+10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.84%	15.93%	+13.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.13%	17.95%	+10.18%