Stewart Investors Asia Pacific Leaders Sustainability Fund B Inc GBP

Investment objective and policy

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

The Fund mainly invests in shares of large and mid-sized companies based in or where the majority of their activities take place in the Asia Pacific region excluding Japan. These companies generally have a total stock market value of at least US$1 billion. 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 may use derivatives to reduce risk or to manage the Fund more efficiently.

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

Stewart Investors Asia Pacific Leaders Sustainability Fund

Overview of Stewart Investors Asia Pacific Leaders Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Asia Pacific Leaders Sustainability Class B (Inc) OEIC GBP 303.87 -0.88 19 Apr 2024
Fund information (as at 31/12/2023)
Fund launch date 01 December 2003
Share class launch date 19 November 2009
Fund size (£m) 6515.3
UK Investment Association sector Specialist
Benchmark MSCI AC Asia Pacific ex Japan Net Index*
Number of holdings 41
Fund manager(s) David Gait & Sashi Reddy
Available as an ISA yes
Minimum investment £1000/£50 per month
Initial charge 0%^
Ongoing charges^^ 0.85%
Share type Income
Sedol B57S0V2
ISIN GB00B57S0V20
Research rating** Square Mile:Responsible AA
RSM:Rated
Fund yield 0.8%
Top ten holdings (as at 31/12/2023)
Stock name %
Mahindra & Mahindra 7.2
HDFC 6.5
Hoya 5.1
Unicharm 4.9
Oversea-Chinese Banking 4.8
Kotak Mahindra Bank 4.4
Tata Consultancy Services 4.1
Samsung Electronics 4.0
CSL 3.9
Godrej Consumer Products 3.4

Performance

Annualised performance as at 31 Mar 2024

Annual performance (% in GBP) Share type 12 mths to 31 Mar 2024 12 mths to 31 Mar 2023 12 mths to 31 Mar 2022 12 mths to 31 Mar 2021 12 mths to 31 Mar 2020
Stewart Investors Asia Pacific Leaders Sustainability Fund Class B (Inc) 4.6 -1.8 4.0 40.7 -9.3
Benchmark * - 3.0 -3.0 -6.6 42.6 -10.9

Annualised performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class B (Inc)
-
Share type
-
12 mths to 31 Mar 2024
4.6
3.0
12 mths to 31 Mar 2024
3.0
12 mths to 31 Mar 2023
-1.8
-3.0
12 mths to 31 Mar 2023
-3.0
12 mths to 31 Mar 2022
4.0
-6.6
12 mths to 31 Mar 2022
-6.6
12 mths to 31 Mar 2021
40.7
42.6
12 mths to 31 Mar 2021
42.6
12 mths to 31 Mar 2020
-9.3
-10.9
12 mths to 31 Mar 2020
-10.9

Cumulative performance as at 31 Mar 2024

Cumulative performance (% in GBP) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Asia Pacific Leaders Sustainability Fund Class B (Inc) 19 Nov 2009 1.1 5.8 4.6 6.9 36.4 138.3 256.3
Benchmark * - - 3.0 6.4 3.0 -6.6 18.6 96.4 159.3

Cumulative performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class B (Inc)
-
Share type
-
Launch date
19 Nov 2009
-
Launch date
-
3mths
1.1
3.0
3mths
3.0
6mths
5.8
6.4
6mths
6.4
1yr
4.6
3.0
1yr
3.0
3yrs
6.9
-6.6
3yrs
-6.6
5yrs
36.4
18.6
5yrs
18.6
10yrs
138.3
96.4
10yrs
96.4
Since launch
256.3
159.3
Since launch
159.3

* MSCI AC Asia Pacific ex Japan 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 EUR, 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

Country breakdown

Fund level reporting to 31 December 2023

  • As at 31 December 2023, the Fund held 41 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 118 contributions to the pillars.
  • 26 companies (63%) were contributing to climate change solutions. These companies were contributing to 31 different solutions and, in total, were making 91 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 Leaders Sustainability Fund Class B (Income) GBP as at 31 December 2023. 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 19 November 2009.

Country Classification

The fund aims to invest in companies listed in, incorporated in, or earning the greater part of their revenues or profits in Asia Pacific ex-Japan markets. The Japan exposure shown in the Country Breakdown represents companies that are listed on the Japanese Stock Market, but produce the majority of their revenues or profits in Asia Pacific ex-Japan markets.

* The benchmark for this Fund has been identified as a means by which investors can compare the performance of the Fund and has been chosen because its constituents most closely represent the scope of the investable assets. The benchmark is not used to limit or constrain how the portfolio is constructed nor is it part of a target set for Fund performance. Given the diverse nature of the constituent funds within the Specialist IA sector the manager does not compare performance of this Fund with its IA sector.

^ 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.

** This does not constitute an investment recommendation and is not indicative of future results. Methodology available on rating provider's website.