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Stewart Investors Indian Subcontinent Sustainability Fund Class III Acc USD
Investment objective and policy
The Fund aims to achieve capital growth over the long term (at least five years).
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. The Fund invests in shares of high-quality companies which are positioned to contribute to, and benefit from, sustainable development. Investment decisions around high quality companies are 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 invest up to 10% in other funds. The Fund may use derivatives to reduce risk or to manage the Fund more efficiently.
Stewart Investors Indian Subcontinent All Cap Fund
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports and Prospectuses.
| Fund launch date | 17 January 2023 |
|---|---|
| Share class launch date | 17 January 2023 |
| Fund Size (US$m) | 5.9 |
| Benchmark | MSCI India Net Index |
| Number of holdings | 36 |
| Fund manager(s) | Sashi Reddy & David Gait |
| Minimum Investment | US$500k |
| Initial charge | 0%< |
| Ongoing charges^^ | 1.05% |
| Share type | Accumulation |
| ISIN | IE00034QOVR6 |
| Research Rating‡ | Morningstar®:Gold |
| Stock name | % |
|---|---|
| Mahindra & Mahindra | 7.7 |
| HDFC | 6.6 |
| Tube Investments of India | 6.4 |
| CG Power & Industrial Solutions | 5.5 |
| Kotak Mahindra Bank | 4.5 |
| Godrej Consumer Products | 3.7 |
| Tata Consumer Products | 3.5 |
| Aavas Financiers | 3.5 |
| Dr. Reddy's Laboratories | 3.4 |
| Dr Lal Pathlabs | 3.2 |
Performance
| Annual performance (% in USD) | Share type | 12 mths to 31 Jan 2025 | 12 mths to 31 Jan 2024 | 12 mths to 31 Jan 2023 | 12 mths to 31 Jan 2022 | 12 mths to 31 Jan 2021 |
|---|---|---|---|---|---|---|
| Stewart Investors Indian Subcontinent All Cap Fund | Class III (Acc) | 4.1 | 18.4 | - | - | - |
| Benchmark * | - | 4.7 | 27.5 | - | - | - |
Annualised performance as at 31 Jan 2025
- Strategy
- Fund
- Benchmark *
- Share type
- Class III (Acc)
- -
- 12 mths to 31 Jan 2025
- 4.1
- 4.7
- 12 mths to 31 Jan 2024
- 18.4
- 27.5
- 12 mths to 31 Jan 2023
- -
- -
- 12 mths to 31 Jan 2022
- -
- -
- 12 mths to 31 Jan 2021
- -
- -
| Cumulative performance (% in USD) | Share type | Launch date | 3mths | 6mths | 1yr | 3yrs | 5yrs | 10yrs | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Stewart Investors Indian Subcontinent All Cap Fund | Class III (Acc) | 17 Jan 2023 | -9.3 | -12.3 | 4.1 | - | - | - | 20.0 |
| Benchmark * | - | - | -6.8 | -11.8 | 4.7 | - | - | - | 28.4 |
Cumulative performance as at 31 Jan 2025
- Strategy
- Fund
- Benchmark *
- Share type
- Class III (Acc)
- -
- Launch date
- 17 Jan 2023
- -
- 3mths
- -9.3
- -6.8
- 6mths
- -12.3
- -11.8
- 1yr
- 4.1
- 4.7
- 3yrs
- -
- -
- 5yrs
- -
- -
- 10yrs
- -
- -
- Since launch
- 20.0
- 28.4
* MSCI India 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 17 Jan 2023.
Sector breakdown
Country breakdown
Fund level reporting to 31 Dec 2024
- As at 31 December 2024, the Fund held 36 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 94 contributions to the pillars.
- 22 companies (61%) were contributing to climate change solutions. These companies were contributing to 37 different solutions and, in total, were making 75 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.
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 III (Accumulation) USD as at 30 September 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.
^ 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.
First Sentier Investors (registration number 53236800B) and Stewart Investors (registration number 53310114W) are the business divisions of First Sentier Investors (Singapore).
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