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Stewart Investors Indian Subcontinent Sustainability Fund Class E 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 based in or where the majority of their activities take place in India, Pakistan, Sri Lanka or Bangladesh 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 Factsheets, Quarterly Reports, KIIDS and Prospectuses.
Stewart Investors Indian Subcontinent Sustainability Fund
| Fund launch date | 17 January 2023 |
|---|---|
| Share class launch date | 17 January 2023 |
| Fund size (US$m) | 10.3 |
| Benchmark | MSCI India Net Index |
| Number of holdings | 36 |
| Fund managers | Sashi Reddy/David Gait |
| Minimum investment | US$100000 |
| Initial charge | 0% |
| Ongoing charges^^ | 0.88% |
| Share type | ACCUMULATION |
| ISIN | IE000X8C8YF3 |
| Research rating** | Morningstar®:Gold |
| Stock name | % |
|---|---|
| Mahindra & Mahindra Ltd. | 9.2 |
| Tube Investments of India Limited | 6.1 |
| HDFC Bank INR1 | 5.1 |
| Triveni Turbine Ltd | 4.4 |
| CG Power & Industrial Solutions Ltd | 4.0 |
| Godrej Consumer Products Limited | 3.8 |
| Dr. Reddy's Laboratories Ltd. | 3.7 |
| Blue Dart Express Limited | 3.5 |
| Aavas Financiers Ltd. | 3.4 |
| Marico Limited | 3.2 |
Performance
| Annual performance (% in USD) | Share type | 12 mths to 31 Aug 2024 | 12 mths to 31 Aug 2023 | 12 mths to 31 Aug 2022 | 12 mths to 31 Aug 2021 | 12 mths to 31 Aug 2020 |
|---|---|---|---|---|---|---|
| Stewart Investors Indian Subcontinent Sustainability Fund | Class E (Acc) | 25.3 | - | - | - | - |
| Benchmark * | - | 39.7 | - | - | - | - |
Annualised performance as at 31 Aug 2024
- Strategy
- Fund
- Benchmark *
- Share type
- Class E (Acc)
- -
- 12 mths to 31 Aug 2024
- 25.3
- 39.7
- 12 mths to 31 Aug 2023
- -
- -
- 12 mths to 31 Aug 2022
- -
- -
- 12 mths to 31 Aug 2021
- -
- -
- 12 mths to 31 Aug 2020
- -
- -
| Cumulative performance (% in USD) | Share type | Launch date | 3mths | 6mths | 1yr | 3yrs | 5yrs | 10yrs | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Stewart Investors Indian Subcontinent Sustainability Fund | Class E (Acc) | 17 Jan 2023 | 11.4 | 16.4 | 25.3 | - | - | - | 36.2 |
| Benchmark * | - | - | 12.4 | 16.7 | 39.7 | - | - | - | 47.0 |
Cumulative performance as at 31 Aug 2024
- Strategy
- Fund
- Benchmark *
- Share type
- Class E (Acc)
- -
- Launch date
- 17 Jan 2023
- -
- 3mths
- 11.4
- 12.4
- 6mths
- 16.4
- 16.7
- 1yr
- 25.3
- 39.7
- 3yrs
- -
- -
- 5yrs
- -
- -
- 10yrs
- -
- -
- Since launch
- 36.2
- 47.0
* MSCI India 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 that of the above, the return may increase or decrease as a result of currency fluctuations. The past performance shown here includes fees, any reinvested income and tax.
Fund level reporting to 30 June 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 30 June 2024, the Fund held 35 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 98 contributions to the pillars.
- 22 companies (63%) were contributing to climate change solutions. These companies were contributing to 37 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.
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.
Indian subcontinent risk: although India has seen rapid economic and structural development, investing there may still involve increased risks of political and governmental intervention, potentially limitations on the allocation of the Fund's capital, and legal, regulatory, economic and other risks including greater liquidity risk, restrictions on investment or transfer of assets, failed/delayed settlement and difficulties valuing securities.
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 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 E (Accumulation) USD 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.
^ 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.
Stewart Investors Indian Subcontinent Sustainability Fund Class E 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.
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KFS and Prospectus.
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.
Allocation percentage is rounded to the nearest one decimal place and the total allocation percentage may not add up to 100%.
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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