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Stewart Investors European 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 the European region (including the UK). 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 European Sustainability Fund
Investment objective and strategy
The Fund aims to achieve long-term capital appreciation and substainably 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 business, operations or activities predominantly take place in Europe (including the United Kingdom) and which are listed, traded or dealt in on any of the regulated markets worldwide.
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KFS and Prospectus.
| Fund launch date | 10 June 2021 |
|---|---|
| Share class launch date | 10 June 2021 |
| Fund size (US$m) | 2.1 |
| Benchmark | MSCI AC Europe Net Index |
| Number of holdings | 43 |
| Fund managers | Lorna Logan/Rob Harley |
| Minimum investment | US$100000 |
| Initial charge | 0% |
| Ongoing charges^^ | 0.4% |
| Share type | ACCUMULATION |
| Sedol | BNC0547 |
| ISIN | IE00BNC05477 |
| Research rating** | Morningstar®:Silver |
| Stock name | % |
|---|---|
| Roche Holding Ltd | 4.8 |
| Judges Scientific Ord GBP0.05 | 4.7 |
| Nexans SA | 3.9 |
| Halma plc | 3.8 |
| DiaSorin SpA | 3.6 |
| Spectris plc | 3.5 |
| Atlas Copco AB Ser'A'NPV | 3.1 |
| ASSA ABLOY AB Class B | 2.9 |
| Deutsche Post AG | 2.9 |
| discoverIE Group | 2.8 |
Performance
Cumulative performance (%) as at 31 Oct 2023
Calendar year performance (%)
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.
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 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 42 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 104 contributions to the pillars.
- 33 companies (79%) were contributing to climate change solutions. These companies were contributing to 43 different solutions and, in total, were making 108 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 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. 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.
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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