Investment objective and policy

The Fund aims to achieve capital growth over the long term (at least five years).

The Fund invests in shares of companies based in or where the majority of their activities take place in the Asia Pacific region (including Japan) and that are listed on exchanges worldwide. The Fund invests in shares of high quality companies which are positioned to contribute to, and benefit from, sustainable development. 

Investment decisions around high quality companies are based on three key points: (i) Quality of management. (ii) Quality of the company including its social usefulness, their environmental impacts and efficiency and responsible business practices. (iii) Quality of the company's finances and their financial performance. Sustainability is a key part of the approach. The Fund may invest up to 10% in other funds. The Fund will only use derivatives to reduce risk or to manage the Fund more efficiently in limited cases.

This page is updated monthly. Visit Fund literature page for Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors Asia Pacific and Japan Sustainability Fund

Overview of Stewart Investors Asia Pacific and Japan Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Asia Pacific and Japan Sustainability Class A (Acc) OEIC GBP 1767.49 0.67 14 Oct 2024

Fund information (as at 31/07/2024)

Fund launch date 30 June 1988
Share class launch date 30 June 1988
Fund size (£m) 434.3
UK Investment Assocation sector Asia Pacific Including Japan
Benchmark MSCI AC Asia Pacific Net Index
Number of holdings 51
Fund managers Douglas Ledingham/David Gait
Available as ISA yes
Minimum investment £1000/£50 per month
Initial charge 0%
Ongoing charges^^ 1.58%
Share type ACCUMULATION
Sedol 3018389
ISIN GB0030183890
Research rating** Morningstar®:Gold

Top 10 holdings (as at 31/07/2024)

Stock name %
Mahindra & Mahindra Ltd. 5.9
Tube Investments of India Limited 5.3
ELGI Equipments Limited 4.6
Japan Elevator Service Holdings Co., Ltd. 4.3
MonotaRO Co., Ltd. 4.3
Mainfreight Limited 3.6
HDFC Bank INR1 3.2
IndiaMART InterMESH Ltd. 3.2
Taiwan Semiconductor Manufacturing Co., Ltd. 3.1
Hoya Corporation 2.9

Performance

Annualised performance as at 31 Aug 2024

Annual performance (% in GBP) Share type 12 mths to 31 Aug 2024 12 mths to 31 Aug 2023 12 mths to 31 Aug 2022 12 mths to 31 Aug 2021 12 mths to 31 Aug 2020
Stewart Investors Asia Pacific and Japan Sustainability Fund Class A (Acc) 8.3 -8.1 1.1 26.0 0.4
Benchmark * - 13.5 -3.7 -4.8 15.8 4.6

Annualised performance as at 31 Aug 2024

Strategy
Fund
Benchmark *
Share type
Class A (Acc)
-
12 mths to 31 Aug 2024
8.3
13.5
12 mths to 31 Aug 2023
-8.1
-3.7
12 mths to 31 Aug 2022
1.1
-4.8
12 mths to 31 Aug 2021
26.0
15.8
12 mths to 31 Aug 2020
0.4
4.6

Cumulative performance as at 31 Aug 2024

Cumulative performance (% in GBP) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Asia Pacific and Japan Sustainability Fund Class A (Acc) 30 Jun 1988 3.3 3.0 8.3 0.6 27.3 79.0 6127.0
Benchmark * - - 2.9 5.3 13.5 4.1 26.2 91.3 1516.9

Cumulative performance as at 31 Aug 2024

Strategy
Fund
Benchmark *
Share type
Class A (Acc)
-
Launch date
30 Jun 1988
-
3mths
3.3
2.9
6mths
3.0
5.3
1yr
8.3
13.5
3yrs
0.6
4.1
5yrs
27.3
26.2
10yrs
79.0
91.3
Since launch
6127.0
1516.9

* MSCI AC Asia Pacific Net Index

These figures refer to the past. Past performance including simulated past performance is not a reliable indicator of future results. For investors based in countries with currencies other than that of the above, the return may increase or decrease as a result of currency fluctuations. The past performance shown here includes fees, any reinvested income and tax.

Sector breakdown as at 31 Jul 2024

Country breakdown as at 31 Jul 2024

Fund level reporting to 30 June 2024

  • As at 30 June 2024, the Fund held 52 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 146 contributions to the pillars.
  • 34 companies (65%) were contributing to climate change solutions. These companies were contributing to 35 different solutions and, in total, were making 104 contributions to the solutions.

The social and environmental outcomes for the Fund are provided in the charts.

Full information on our ESG/Sustainability Fund reporting is available here.

Risk Factors

The value of investments and any income from them may go down as well as up and is not guaranteed. Investors may get back significantly less than the original amount invested.

The Fund may also experience the following risks:

Emerging market risk: Emerging markets tend to be more sensitive to economic and political conditions than developed markets. Other factors include greater liquidity risk, restrictions on investment or transfer of assets, failed/delayed settlement and difficulties valuing securities.

Currency risk: The Fund invests in assets which are denominated in other currencies; changes in exchange rates will affect the value of the Fund and could create losses. Currency control decisions made by governments could affect the value of the Fund's investments and could cause the Fund to defer or suspend redemptions of its shares.

Single country / specific region risk: investing in a single country or specific region may be riskier than investing in a number of different countries or regions. Investing in a larger number of countries or regions helps spread risk.

For further information on risks, please refer to the Risk Factors section in the Company prospectus.

Investment should be made on the basis of the Prospectus and Key Investor Information Document. If you are in any doubt as to the suitability of any of our funds for your investment needs, please seek independent financial advice.

Important information

These figures refer to the past. Past performance is not a reliable indicator of future results. For investors based in countries with currencies other than GBP, the return may increase or decrease as a result of currency fluctuations. 

All performance data for the Stewart Investors Asia Pacific and Japan Sustainability Fund Class A (Accumulation) GBP as at specified date. Source for fund - Lipper IM / Stewart Investors. Performance data is calculated on a net basis by deducting fees incurred at fund level (e.g. the management fee and other fund expenses), save that it does not take account of initial charges or switching fees (if any). Income reinvested is included on a net of tax basis. Source for benchmark - MSCI, income reinvested net of tax. Since inception performance figures have been calculated from 30 June 1988.

* Please note as of 22nd May 2020 the Fund changed from MSCI AC Asia Pacific ex Japan Index to the MSCI AC Asia Pacific Index and from the IA Asia Pacific ex Japan sector to the IA Asia Pacific Including Japan sector. The benchmark and IA sector for this Fund have been identified as a means by which investors can compare the performance of the Fund and have been chosen because their constituents most closely represent the scope of the investable assets. The benchmark and sector are not used to limit or constrain how the portfolio is constructed nor are they part of a target set for Fund performance.

^ An initial charge of up to 4% may be levied in certain circumstances, e.g. to limit the size of the fund, including on regular savings plans and may be remitted as commission to an intermediary.

^^ The ongoing charge figure (OCF) is calculated on the same basis as for the Key Investor Information Document and represents the charges you will pay over a year for as long as you hold your investment and may vary from year to year. The OCF is made up of the annual management charge and additional expenses, but excludes portfolio transaction costs. For further information about charges and costs please visit  https://www.firstsentierinvestors.com/uk/en/private/charges-overview.html.