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Stewart Investors Global Emerging Markets All Cap Fund Class I (Acc) USD
All fundsInvestment objective and policy
The Fund aims to grow your investment over the long-term.
The Fund invests in shares of companies in emerging markets or where the majority of their activities take place in emerging markets 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 use a thematic sustainability approach and an assessment aiming to identify high quality companies based on three key points: (i) Quality of management. (ii) Quality of the franchise 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.
Pursuant to the EU Sustainable Finance Disclosure Regulation (EU 2019/2088), this Fund also has sustainable investment as its objective under Article 9.
This page is updated monthly. Visit Fund literature page for the fund documents.
| FUND | SHARE CLASS | CURRENCY | ISIN | SEDOL | VALUATION DATE | NAV / BID PRICE |
|---|---|---|---|---|---|---|
| Stewart Investors Global Emerging Markets All Cap Fund7 | Class I (Acc) | USD | IE000AQHA357 | BQMHN56 | 14 Feb 2025 | 10.8003 |
| Fund launch date | 18 February 2019 |
|---|---|
| Share class launch date | 24 February 2023 |
| Total fund size | US$549.5mn |
| Number of holdings | 47 |
| Minimum initial investment | US$1,000 |
| Minimum subsequent investment | US$500 |
| Management fee | 1.5%p.a. |
| Initial charge | 5.0% |
| Stock name | Sector | % |
|---|---|---|
| Mahindra & Mahindra Ltd. | Consumer Discretionary | 7.9 |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 7.0 |
| HDFC Bank INR1 | Financials | 5.5 |
| Tata Consultancy Services Limited | Information Technology | 4.6 |
| Tube Investments of India Limited | Consumer Discretionary | 4.6 |
| Weg S.A. | Industrials | 3.1 |
| Globant SA | Information Technology | 3.1 |
| Voltronic Power Technology Corp. | Industrials | 2.9 |
| EPAM Systems, Inc. | Information Technology | 2.9 |
| Jeronimo Martins, SGPS S.A. | Consumer Staples | 2.8 |
7 As of end of 2024, please note that Stewart Investors strategies and the Funds within the First Sentier Investors Global Umbrella Fund plc (Irish VCC) have been renamed. Please refer to this note for further information.
Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell the same.
Performance
| Fund | Share class | Inception date | Currency | 3mths | YTD | 1yr | 3yrs | 5yrs | Since inception |
|---|---|---|---|---|---|---|---|---|---|
| Stewart Investors Global Emerging Markets All Cap Fund | Class I (Acc) | 24 Feb 2023 | USD | -7.9 | -2.9 | -2.9 | - | - | 6.9 |
| Benchmark * | - | - | - | -8.0 | 7.5 | 7.5 | - | - | 16.1 |
Cumulative performance (%) as at 31 Dec 2024
- Strategy
- Fund
- Benchmark *
- Share class
- Class I (Acc)
- -
- Inception date
- 24 Feb 2023
- -
- Currency
- USD
- -
- 3mths
- -7.9
- -8.0
- YTD
- -2.9
- 7.5
- 1yr
- -2.9
- 7.5
- 3yrs
- -
- -
- 5yrs
- -
- -
- Since inception
- 6.9
- 16.1
| Fund | Share class | Currency | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stewart Investors Global Emerging Markets All Cap Fund | Class I (Acc) | USD | -2.9 | - | - | - | - | - | - | - | - | - |
| Benchmark * | - | - | 7.5 | - | - | - | - | - | - | - | - | - |
Calendar year performance (%) as at 31 Dec 2024
- Strategy
- Fund
- Benchmark *
- Share class
- Class I (Acc)
- -
- Currency
- USD
- -
- 2024
- -2.9
- 7.5
- 2023
- -
- -
- 2022
- -
- -
- 2021
- -
- -
- 2020
- -
- -
- 2019
- -
- -
- 2018
- -
- -
- 2017
- -
- -
- 2016
- -
- -
- 2015
- -
- -
* 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 USD, 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 24 Feb 2023.
Source: Lipper, Nav-Nav (with dividend reinvested where applicable)
The Fund is a sub fund of Ireland domiciled First Sentier Investors Global Umbrella Fund plc.
Acc represents share class with dividends accumulated. M Dist represents share class with monthly distribution of dividends. H Dist represents share class with half-yearly distribution of dividends. Q Dist represents share class with quarterly distribution of dividends. Dividends are not guaranteed and may be paid out of capital. All prices are for indication only. For detail, please refer to the Fund’s factsheet for further details including investment objective & strategy, asset allocation, top 10 holdings, comparison with benchmark (if any) and disclosure.
Sector breakdown as at 31 Dec 2024
Country breakdown as at 31 Dec 2024
Allocation percentage is rounded to the nearest one decimal place and the total allocation percentage may not add up to 100%.
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, First Sentier Investors Global Umbrella Fund plc (Irish VCC) and First Sentier Investors Global Growth Funds (Singapore Unit Trust) have been renamed. Please refer to our note via the link below for further information.
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, RQI Investors and Igneo Infrastructure Partners are the business names of First Sentier Investors (Hong Kong) Limited.
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