Investment objective and policy

The Fund aims to grow your investment.

Pursuant to the EU Sustainable Finance Disclosure Regulation (EU 2019/2088), this Fund also has sustainable investment as its objective under Article 9. The Fund invests at least 70% of its assets in shares of companies in emerging markets or whose business is predominantly based in emerging markets. This includes companies that are listed on exchanges in developed markets. The Fund may invest up to 100% of its assets in Emerging Markets, in any industry, or companies of any size. The Fund will not invest more than 50% of its assets in China A Shares. 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 monthly Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors Global Emerging Markets All Cap Fund

Overview of Stewart Investors Global Emerging Markets All Cap Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Global Emerging Markets All Cap Class III (Acc) Irish UCITs JPY 1320.08 -0.71 10 Feb 2025

Fund information

Due to the recent launch of this shareclass, fund information is currently unavailable. If you are a financial advisor or an existing client in this fund please call our client service team for more details.

Top 10 holdings

Due to the recent launch of this shareclass, top 10 holdings are currently unavailable. If you are a financial advisor or an existing client in this fund please call our client service team for more details.

Performance

Annualised performance as at 31 Dec 2024

Annual performance (% in JPY) Share type 12 mths to 31 Dec 2024 12 mths to 31 Dec 2023 12 mths to 31 Dec 2022 12 mths to 31 Dec 2021 12 mths to 31 Dec 2020
Stewart Investors Global Emerging Markets All Cap Fund Class III (Acc) 8.3 21.9 - - -
Benchmark * - 19.8 17.3 - - -

Annualised performance as at 31 Dec 2024

Strategy
Fund
Benchmark *
Share type
Class III (Acc)
-
12 mths to 31 Dec 2024
8.3
19.8
12 mths to 31 Dec 2023
21.9
17.3
12 mths to 31 Dec 2022
-
-
12 mths to 31 Dec 2021
-
-
12 mths to 31 Dec 2020
-
-

Cumulative performance as at 31 Dec 2024

Cumulative performance (% in JPY) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Global Emerging Markets All Cap Fund Class III (Acc) 21 Mar 2022 1.5 -5.4 8.3 - - - 34.6
Benchmark * - - 1.1 -2.3 19.8 - - - 37.1

Cumulative performance as at 31 Dec 2024

Strategy
Fund
Benchmark *
Share type
Class III (Acc)
-
Launch date
21 Mar 2022
-
3mths
1.5
1.1
6mths
-5.4
-2.3
1yr
8.3
19.8
3yrs
-
-
5yrs
-
-
10yrs
-
-
Since launch
34.6
37.1

* MSCI Emerging Markets Net Index

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 JPY, the return may increase or decrease as a result of currency fluctuations. Source for Fund - Lipper IM/First Sentier Investors/Stewart Investors. Performance data is calculated on a net basis by deducting fees incurred at fund level (e.g. the management and administration fee) and other costs charged to the fund (e.g. transaction and custody costs), save that it does not take account of initial charges or switching fees (if any). Source for benchmark – Factset. Fund and benchmark includes income reinvested net of withholding tax. Since inception performance calculated from 21 Mar 2022.

Sector breakdown as at 31 Dec 2024

Country breakdown as at 31 Dec 2024

Fund level reporting to 31 Dec 2024

The SFDR Level 2 reporting template for each of our Article 9 funds is available in a standalone document and also within the latest First Sentier Investors Global Umbrella Fund plc Annual Report. The social and environmental outcomes for the Funds are below:

  • As at 31 December 2024, the Fund held 47 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 138 contributions to the pillars.
  • 29 companies (62%) were contributing to climate change solutions. These companies were contributing to 32 different solutions and, in total, were making 90 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.

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.

Fund name changes

As of end of 2024, please note that Stewart Investors strategies and the Funds within the UK First Sentier Investors ICVC and First Sentier Investors Global Umbrella Fund plc (Irish VCC) have been renamed. Please refer to our note via the link below for further information.

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

All performance data for the Stewart Investors Global Emerging Markets Sustainability Fund Class III (Accumulation) JPY 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 14 May 2019.

^ 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.