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Stewart Investors Asia Pacific Leaders Sustainability Fund Class I USD (Acc)
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 based in or having significant operations in the Asia Pacific region excluding Japan. The Fund invests in shares of large and mid-sized companies in the region. These companies generally have a total stock market value of at least US$1 billion. The Fund will not invest more than 50% of its assets in China A Shares. The Fund invests in shares of high-quality companies which are positioned to contribute to, and benefit from, sustainable development. Investment decisions around high quality companies are based on three key points: (i) Quality of management. (ii) Quality of the company including its social usefulness, their environmental impacts and efficiency and responsible business practices. (iii) Quality of the company's finances and their financial performance. Sustainability is a key part of the approach. The Fund may invest up to 10% in other funds. The Fund may use derivatives to reduce risk or to manage the Fund more efficiently.
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports and Prospectuses.
| Fund launch date | 18 February 2019 |
|---|---|
| Share class launch date | 30 July 2021 |
| Fund size (US$m) | 855.9 |
| Benchmark | MSCI AC Asia Pacific ex Japan Net Index |
| Number of holdings | 39 |
| Fund manager(s) | David Gait & Sashi Reddy |
| Minimum investment | US$1000/US$500 subsequent |
| Initial charge | 0%^ |
| Ongoing charges^^ | 1.53% |
| Share type | Accumulation |
| Sedol | 0C84T34 |
| ISIN | IE000AHU5WZ4 |
| Research Rating‡ | Morningstar®:Bronze |
| Stock name | % |
|---|---|
| Mahindra & Mahindra | 7.3 |
| HDFC | 6.3 |
| Hoya | 5.2 |
| Unicharm Corporation | 5.0 |
| Oversea-Chinese Banking | 4.8 |
| CSL | 4.3 |
| Kotak Mahindra | 4.3 |
| Tata Consultancy Services | 4.2 |
| Samsung Electronics | 4.1 |
| Godrej Consumer | 3.5 |
Performance
| Annual performance (% in USD) | Share type | 12 mths to 31 Oct 2024 | 12 mths to 31 Oct 2023 | 12 mths to 31 Oct 2022 | 12 mths to 31 Oct 2021 | 12 mths to 31 Oct 2020 |
|---|---|---|---|---|---|---|
| Stewart Investors Asia Pacific Leaders Fund | Class I (Acc) | 21.6 | 0.2 | -22.7 | - | - |
| Benchmark * | - | 28.1 | 11.8 | -31.2 | - | - |
Annualised performance as at 31 Oct 2024
- Strategy
- Fund
- Benchmark *
- Share type
- Class I (Acc)
- -
- 12 mths to 31 Oct 2024
- 21.6
- 28.1
- 12 mths to 31 Oct 2023
- 0.2
- 11.8
- 12 mths to 31 Oct 2022
- -22.7
- -31.2
- 12 mths to 31 Oct 2021
- -
- -
- 12 mths to 31 Oct 2020
- -
- -
| Cumulative performance (% in USD) | Share type | Launch date | 3mths | 6mths | 1yr | 3yrs | 5yrs | 10yrs | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Stewart Investors Asia Pacific Leaders Fund | Class I (Acc) | 30 Jul 2021 | -1.9 | 7.4 | 21.6 | -5.9 | - | - | -2.5 |
| Benchmark * | - | - | 4.9 | 11.2 | 28.1 | -1.5 | - | - | -1.7 |
Cumulative performance as at 31 Oct 2024
- Strategy
- Fund
- Benchmark *
- Share type
- Class I (Acc)
- -
- Launch date
- 30 Jul 2021
- -
- 3mths
- -1.9
- 4.9
- 6mths
- 7.4
- 11.2
- 1yr
- 21.6
- 28.1
- 3yrs
- -5.9
- -1.5
- 5yrs
- -
- -
- 10yrs
- -
- -
- Since launch
- -2.5
- -1.7
* MSCI AC Asia Pacific ex Japan 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.
Sector breakdown
Country breakdown
Fund level reporting to 30 June 2024
- As at 30 June 2024, the Fund held 37 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 109 contributions to the pillars.
- 26 companies (70%) were contributing to climate change solutions. These companies were contributing to 34 different solutions and, in total, were making 91 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.
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.
Fund name changes
As of end of 2024, please note that Stewart Investors strategies and the Funds within the UK First Sentier Investors ICVC and First Sentier Investors Global Umbrella Fund plc (Irish VCC) have been renamed. Please refer to our note via the link below for further information.
Important information
Country Classification
The fund aims to invest in companies listed in, incorporated in, or earning the greater part of their revenues or profits in Asia Pacific ex-Japan markets. The Japan exposure shown in the Country Breakdown represents companies that are listed on the Japanese Stock Market, but produce the majority of their revenues or profits in Asia Pacific ex-Japan markets.
^ 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.
First Sentier Investors (registration number 53236800B) and Stewart Investors (registration number 53310114W) are the business divisions of First Sentier Investors (Singapore).
Copyright © 2024 Stewart Investors.