Stewart Investors Indian Subcontinent Sustainability Fund Class VI 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.

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

Stewart Investors Indian Subcontinent Sustainability Fund

Overview of Stewart Investors Indian Subcontinent Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Indian Subcontinent Sustainability Class E (Acc) Irish UCITs USD 11.58 -1.32 28 Feb 2024
Fund information (as at 30/09/2023)
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$1000
Initial charge 0%<
Ongoing charges^^ 1.05%
Share type Accumulation
ISIN IE00BF18T991
Research Rating‡ Morningstar®:Gold
Top ten holdings (as at 31/12/2023)
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

Annualised performance as at 31 Jan 2024

Annual performance (% in USD) Share type 12 mths to 31 Jan 2024 12 mths to 31 Jan 2023 12 mths to 31 Jan 2022 12 mths to 31 Jan 2021 12 mths to 31 Jan 2020
Stewart Investors Indian Subcontinent Sustainability Fund Class VI (Acc) 18.4 - - - -
Benchmark * - 27.5 - - - -

Annualised performance as at 31 Jan 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
12 mths to 31 Jan 2024
18.4
27.5
12 mths to 31 Jan 2024
27.5
12 mths to 31 Jan 2023
-
-
12 mths to 31 Jan 2023
-
12 mths to 31 Jan 2022
-
-
12 mths to 31 Jan 2022
-
12 mths to 31 Jan 2021
-
-
12 mths to 31 Jan 2021
-
12 mths to 31 Jan 2020
-
-
12 mths to 31 Jan 2020
-

Cumulative performance as at 31 Jan 2024

Cumulative performance (% in USD) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Indian Subcontinent Sustainability Fund Class VI (Acc) 17 Jan 2023 9.4 5.0 18.4 - - - 15.3
Benchmark * - - 18.1 14.3 27.5 - - - 22.6

Cumulative performance as at 31 Jan 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
Launch date
17 Jan 2023
-
Launch date
-
3mths
9.4
18.1
3mths
18.1
6mths
5.0
14.3
6mths
14.3
1yr
18.4
27.5
1yr
27.5
3yrs
-
-
3yrs
-
5yrs
-
-
5yrs
-
10yrs
-
-
10yrs
-
Since launch
15.3
22.6
Since launch
22.6

* MSCI India 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

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 VI (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.