Stewart Investors European (ex UK) Sustainability Fund Class B Acc GBP
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 the European region. 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 including integrity, attitude to environmental and social impacts, corporate management, long term performance and risk. (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, KIIDS and Prospectuses.
| Fund launch date | 25 January 2022 |
|---|---|
| Share class launch date | 25 January 2022 |
| Fund size (£m) | 2.7 |
| Benchmark | MSCI Europe ex UK Index |
| Number of holdings | 39 |
| Fund manager(s) | Rob Harley & Lorna Logan |
| Available as ISA | Yes subject to ISA limits |
| Minimum investment | £1000/£50 per month |
| Initial charge | 0%^ |
| Ongoing charges^^ | 0.65% |
| Share type | Accumulation |
| Sedol | BMDVCC9 |
| ISIN | GB00BMDVCC91 |
| Fund Yield | 0.7% |
| Stock name | % |
|---|---|
| bioMerieux | 4.2 |
| DiaSorin | 4.0 |
| Roche | 4.0 |
| Deutsche Post | 3.8 |
| Beiersdorf | 3.6 |
| Inficon Holding | 3.5 |
| Atlas Copco | 3.5 |
| Jeronimo Martins | 3.4 |
| Infineon Technologies | 3.3 |
| Elisa Oyj | 3.3 |
Top ten holdings (as at 31/03/2023)
bioMerieux
- %
- 4.2
DiaSorin
- %
- 4.0
Roche
- %
- 4.0
Deutsche Post
- %
- 3.8
Beiersdorf
- %
- 3.6
Inficon Holding
- %
- 3.5
Atlas Copco
- %
- 3.5
Jeronimo Martins
- %
- 3.4
Infineon Technologies
- %
- 3.3
Elisa Oyj
- %
- 3.3
Performance
| Period | 12 months to 31/03/23 | 12 months to 31/03/22 | 12 months to 31/03/21 | 12 months to 31/03/20 | 12 months to 31/03/19 |
|---|---|---|---|---|---|
| Fund return | -5.1 | - | - | - | - |
| Benchmark return | 8.6 | - | - | - | - |
Discrete annual performance (% in GBP) to 31/03/2023
Fund return
- 12 months to 31/03/23
- -5.1
- 12 months to 31/03/22
- -
- 12 months to 31/03/21
- -
- 12 months to 31/03/20
- -
- 12 months to 31/03/19
- -
Benchmark return
- 12 months to 31/03/23
- 8.6
- 12 months to 31/03/22
- -
- 12 months to 31/03/21
- -
- 12 months to 31/03/20
- -
- 12 months to 31/03/19
- -
| Period | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Since launch |
|---|---|---|---|---|---|---|---|
| Fund return | 2.8 | 12.7 | -5.1 | - | - | - | 0.1 |
| Benchmark return | 8.9 | 21.4 | 8.6 | - | - | - | 8.5 |
Cumulative performance (% in GBP) to 31/03/2023
Fund return
- 3 months
- 2.8
- 6 months
- 12.7
- 1 year
- -5.1
- 3 years
- -
- 5 years
- -
- 10 years
- -
- Since launch
- 0.1
Benchmark return
- 3 months
- 8.9
- 6 months
- 21.4
- 1 year
- 8.6
- 3 years
- -
- 5 years
- -
- 10 years
- -
- Since launch
- 8.5
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 GBP, the return may increase or decrease as a result of currency fluctuations.
Sector breakdown
Country breakdown
Fund level reporting to 31 December 2022
- As at 31 December 2022, the Fund held 39 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 95 contributions to the pillars.
- 31 companies (79%) were contributing to climate change solutions. These companies were contributing to 40 different solutions and, in total, were making 100 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
^ An initial charge of up to 4% 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.
