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Stewart Investors European Sustainability Fund Class E Acc USD
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.
- SHARE CLASS
- Class E (Acc)
- CURRENCY
- USD
- ISIN
- IE00BNC05477
- SEDOL
- BNC0547
- VALUATION DATE
- 26 Apr 2024
- NAV / BID PRICE
- 8.7091
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) | 2.2 |
Benchmark | MSCI AC Europe Net Index |
Number of holdings | 44 |
Fund manager(s) | Rob Harley & Lorna Logan |
Minimum investment | US$100000 |
Initial charge | 0%^ |
Ongoing charges^^ | 0.40% |
Share type | Accumulation |
Sedol | BNC0547 |
ISIN | IE00BNC05477 |
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
Cumulative performance (%) as at 31 Oct 2023
- SHARE CLASS
- Class E (Acc)
- INCEPTION DATE
- 10 Jun 2021
- CURRENCY
- USD
- 3MTHS
- -2.2
- YTD
- -2.2
- 1YR
- 6.9
- 3YRS
- -
- 5YRS
- -
- SINCE INCEPTION
- -8.4
Calendar year performance (%)
- SHARE CLASS
- Class E (Acc)
- CURRENCY
- USD
- 2023
- 16.2
- 2022
- -29.1
- 2021
- -
- 2020
- -
- 2019
- -
- 2018
- -
- 2017
- -
- 2016
- -
- 2015
- -
- 2014
- -
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
Country breakdown
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 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 E (Accumulation) USD 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.