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 excluding Japan. 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 monthly. Visit Fund literature page for Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors Asia Pacific Sustainability Fund

Overview of Stewart Investors Asia Pacific Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Asia Pacific Sustainability Class B (Acc) OEIC EUR 139.42 -0.97 29 May 2024

Fund information (as at 30/04/2024)

Fund launch date 19 December 2005
Share class launch date 28 August 2020
Fund size (€m) 783.1
Benchmark MSCI AC Asia Pacific ex Japan Net Index
Number of holdings 63
Fund managers David Gait/Sashi Reddy
Minimum investment €1000/€500 subsequent
Initial charge 0%
Ongoing charges^^ 1.05%
Share type ACCUMULATION
Sedol BN4RCT0
ISIN GB00BN4RCT00
Research rating** Morningstar®:Silver
Square Mile:Responsible AA
RSM:Rated
Fund yield 0.3%

Top 10 holdings (as at 30/04/2024)

Stock name %
Mahindra & Mahindra Ltd. 7.1
Tube Investments of India Limited 4.7
Samsung Electronics Co., Ltd. 4.2
Midea Group Co. Ltd. Class A 3.1
Shenzhen Inovance Technology Co., Ltd Class A 3.1
Voltronic Power Technology Corp. 3.0
Taiwan Semiconductor Manufacturing Co., Ltd. 3.0
CG Power & Industrial Solutions Ltd 2.9
Tata Consultancy Services Limited 2.9
HDFC Bank INR1 2.8

Performance

Annualised performance as at 30 Apr 2024

Annual performance (% in EUR) Share type 12 mths to 30 Apr 2024 12 mths to 30 Apr 2023 12 mths to 30 Apr 2022 12 mths to 30 Apr 2021 12 mths to 30 Apr 2020
Stewart Investors Asia Pacific Sustainability Fund Class B (Acc) 8.8 -1.2 5.5 - -
Benchmark * - 11.0 -9.6 -6.3 - -

Annualised performance as at 30 Apr 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class B (Acc)
-
Share type
-
12 mths to 30 Apr 2024
8.8
11.0
12 mths to 30 Apr 2024
11.0
12 mths to 30 Apr 2023
-1.2
-9.6
12 mths to 30 Apr 2023
-9.6
12 mths to 30 Apr 2022
5.5
-6.3
12 mths to 30 Apr 2022
-6.3
12 mths to 30 Apr 2021
-
-
12 mths to 30 Apr 2021
-
12 mths to 30 Apr 2020
-
-
12 mths to 30 Apr 2020
-

Cumulative performance as at 30 Apr 2024

Cumulative performance (% in EUR) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Asia Pacific Sustainability Fund Class B (Acc) 28 Aug 2020 3.7 11.4 8.8 13.4 - - 37.4
Benchmark * - - 9.4 13.9 11.0 -6.0 - - 12.8

Cumulative performance as at 30 Apr 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class B (Acc)
-
Share type
-
Launch date
28 Aug 2020
-
Launch date
-
3mths
3.7
9.4
3mths
9.4
6mths
11.4
13.9
6mths
13.9
1yr
8.8
11.0
1yr
11.0
3yrs
13.4
-6.0
3yrs
-6.0
5yrs
-
-
5yrs
-
10yrs
-
-
10yrs
-
Since launch
37.4
12.8
Since launch
12.8

* 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 as at 30 Apr 2024

Country breakdown as at 30 Apr 2024

Fund level reporting to 31 Dec 2023

  • As at 31 December 2023, the Fund held 65 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 178 contributions to the pillars.
  • 40 companies (62%) were contributing to climate change solutions. These companies were contributing to 39 different solutions and, in total, were making 129 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.

Portfolio Explorer

Explore the companies held within our Asia Pacific Leaders Sustainability Strategy.

Insights

Latest articles, research and reports from Stewart Investors.

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 EUR, the return may increase or decrease as a result of currency fluctuations. 

All performance data for the Stewart Investors Asia Pacific Sustainability Fund Class B (Accumulation) EUR 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 28 August 2020.

^ 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.