LONDON (Dow Jones)--Mid Wynd International Investment Trust PLC (MWY.LN), an open-ended fund of fund mutual fund launched and managed by Baillie Gifford & Co., said Tuesday it purchased for cancellation 40,000 ordinary shares at a price of 940 pence per share on June 29. Shares at 1159 GMT down 0.5 pence or 0.05%, at 939.5 pence, valuing the company at GBP47 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, [email protected] (END) Dow Jones Newswires June 29, 2010 08:02 ET (12:02 GMT)