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Stewart Investors Indian Subcontinent Sustainability Fund Class III Acc USD
Investment objective and strategy
The Fund aims to achieve long term capital appreciation and sustainably invest in companies which both contribute to, and benefit from, sustainable development, achieving positive social and environmental sustainable outcomes. The Fund invests primarily in a diversified portfolio of equity securities or equity-related securities of companies whose activities predominantly take place in the Indian subcontinent and are listed, traded or dealt in on regulated markets worldwide.
| FUND | SHARE CLASS | CURRENCY | ISIN | SEDOL | VALUATION DATE | NAV / BID PRICE |
|---|---|---|---|---|---|---|
| Stewart Investors Indian Subcontinent Sustainability Fund | Class III (Acc) | USD | IE00034QOVR6 | 26 Apr 2024 | 11.9213 | |
| Stewart Investors Indian Subcontinent Sustainability Fund | Class E (Acc) | USD | IE000X8C8YF3 | 26 Apr 2024 | 11.9471 |
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KFS and Prospectus.
| Fund launch date | 17 January 2023 |
|---|---|
| Share class launch date | 17 January 2023 |
| Fund Size (US$m) | 7.3 |
| Benchmark | MSCI India Net Index |
| Number of holdings | 37 |
| Fund manager(s) | Sashi Reddy & David Gait |
| Minimum Investment | US$500k |
| Initial charge | 0%< |
| Ongoing charges^^ | 1.05% |
| Share type | Accumulation |
| ISIN | IE00034QOVR6 |
| Research Rating‡ | Morningstar®:Gold |
| Stock name | % |
|---|---|
| Mahindra & Mahindra | 7.7 |
| HDFC | 6.6 |
| Tube Investments of India | 6.4 |
| CG Power & Industrial Solutions | 5.5 |
| Kotak Mahindra Bank | 4.5 |
| Godrej Consumer Products | 3.7 |
| Tata Consumer Products | 3.5 |
| Aavas Financiers | 3.5 |
| Dr. Reddy's Laboratories | 3.4 |
| Dr Lal Pathlabs | 3.2 |
Performance
To comply with regulatory requirements, a chart showing the Fund's performance versus its benchmark index, together with performance data, will be provided once the Funds has been in operation for six months.
Sector breakdown
Country breakdown
Allocation percentage is rounded to the nearest one decimal place and the total allocation percentage may not add up to 100%.
Fund level reporting to 31 December 2023
- As at 31 December 2023, the Fund held 37 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 107 contributions to the pillars.
- 22 companies (59%) were contributing to climate change solutions. These companies were contributing to 38 different solutions and, in total, were making 78 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.
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 USD, the return may increase or decrease as a result of currency fluctuations.
All performance data for the Stewart Investors Indian Subcontinent Sustainability Fund Class III (Accumulation) USD 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.
^ An initial charge of up to 5% may be levied in certain circumstances, 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.
Investment involves risks. Past performance is not indicative of future performance. Refer to the offering documents of the respective funds for details, including risk factors. Investors may not get back the full amount invested.
This website is issued by First Sentier Investors (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. First Sentier Investors, FSSA Investment Managers, Stewart Investors, Realindex Investments and Igneo Infrastructure Partners are the business names of First Sentier Investors (Hong Kong) Limited.
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