Stewart Investors European Sustainability Fund Class VI Acc EUR

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 Europe (including the UK). The Fund may invest up to 100% of its assets in developed and Emerging Markets, in any industry, or companies of any size. 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 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 use derivatives to reduce risk or to manage the Fund more efficiently.

This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors European Sustainability Fund

Overview of Stewart Investors European Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors European Sustainability Class VI (Acc) Irish UCITs EUR 9.86 0.21 17 Apr 2024
Fund information (as at 31/12/2023)
Fund launch date 10 June 2021
Share class launch date 10 June 2021
Fund size (€m) 2.0
Benchmark MSCI AC Europe Net Index
Number of holdings 44
Fund manager(s) Rob Harley & Lorna Logan
Minimum investment €1000
Initial charge 0%^
Ongoing charges^^ 0.65%
Share type Accumulation
Sedol BN2B089
ISIN IE00BN2B0890
Top ten holdings (as at 31/12/2023)
Stock name %
Judges Scientific 4.1
Spectis 3.9
Roche 3.5
DiaSorin 3.4
Halma 3.2
Jeronimo Martins 3.2
Atlas Copco 3.1
Beiersdorf 3.0
Alfen 3.0
Adyen 3.0

Performance

Annualised performance as at 31 Mar 2024

Annual performance (% in EUR) Share type 12 mths to 31 Mar 2024 12 mths to 31 Mar 2023 12 mths to 31 Mar 2022 12 mths to 31 Mar 2021 12 mths to 31 Mar 2020
Stewart Investors European Sustainability Fund Class VI (Acc) 7.8 -7.6 - - -
Benchmark * - 15.1 3.8 - - -

Annualised performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
12 mths to 31 Mar 2024
7.8
15.1
12 mths to 31 Mar 2024
15.1
12 mths to 31 Mar 2023
-7.6
3.8
12 mths to 31 Mar 2023
3.8
12 mths to 31 Mar 2022
-
-
12 mths to 31 Mar 2022
-
12 mths to 31 Mar 2021
-
-
12 mths to 31 Mar 2021
-
12 mths to 31 Mar 2020
-
-
12 mths to 31 Mar 2020
-

Cumulative performance as at 31 Mar 2024

Cumulative performance (% in EUR) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors European Sustainability Fund Class VI (Acc) 06 Apr 2021 0.2 13.7 7.8 - - - 2.7
Benchmark * - - 7.6 14.6 15.1 - - - 19.3

Cumulative performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
Launch date
06 Apr 2021
-
Launch date
-
3mths
0.2
7.6
3mths
7.6
6mths
13.7
14.6
6mths
14.6
1yr
7.8
15.1
1yr
15.1
3yrs
-
-
3yrs
-
5yrs
-
-
5yrs
-
10yrs
-
-
10yrs
-
Since launch
2.7
19.3
Since launch
19.3

* MSCI AC Europe 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

Country breakdown

Fund level reporting to 31 December 2023

  • As at 31 December 2023, the Fund held 43 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 110 contributions to the pillars.
  • 35 companies (81%) were contributing to climate change solutions. These companies were contributing to 43 different solutions and, in total, were making 117 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.

Material risks not adequately captured by the SRRI:

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.

Important information

All performance data for the Stewart Investors European Sustainability Fund Class VI (Accumulation) EUR 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. Since inception performance figures have been calculated from 10 June 2021.

^ 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.