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. For monthly performance, please refer to the factsheet.
| Fund launch date | 25 January 2022 |
|---|---|
| Share class launch date | 25 January 2022 |
| Fund size (£m) | 2.3 |
| Benchmark | MSCI Europe ex UK Index |
| Number of holdings | 38 |
| 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 | 0.0% |
| Stock name | % |
|---|---|
| Roche | 5.1 |
| Tecan Group | 4.5 |
| DiaSorin | 4.3 |
| bioMerieux | 4.0 |
| Beiersdorf | 4.0 |
| Atlas Copco | 3.4 |
| Elisa Oyj | 3.3 |
| Jeronimo Martins | 3.3 |
| Alfen Beheer | 2.9 |
| Deutsche Post | 2.7 |
Top ten holdings (as at 30/09/2022)
Roche
- %
- 5.1
Tecan Group
- %
- 4.5
DiaSorin
- %
- 4.3
bioMerieux
- %
- 4.0
Beiersdorf
- %
- 4.0
Atlas Copco
- %
- 3.4
Elisa Oyj
- %
- 3.3
Jeronimo Martins
- %
- 3.3
Alfen Beheer
- %
- 2.9
Deutsche Post
- %
- 2.7
Performance
Under Financial Conduct Authority regulations, we are not allowed to show performance data for funds launched less than a year ago. If you are a financial advisor or an existing client in this fund please call ourclient service team for performance details.
Sector breakdown
Country breakdown
Fund level reporting to 30 June 2022
- As at 30 June 2022, the Fund held 38 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, companies were contributing towards 92 pillars.
- 27 companies (71%) were contributing towards climate change solutions. These companies were contributing towards 33 different solutions and 89 solutions in total.
The social and environmental outcomes for the Fund are provided in the charts below.
Full information on our ESG/Sustainability Fund reporting is available here.
Risk and reward profile
The synthetic risk reward indicator (the SRRI) rating is not a measure of the risk of you losing your investment but describes how much the value of the Fund went up and down in the past.
Where a Share Class has not yet launched, the SRRI is calculated using representative data.
The SRRI rating is based on historical data which may not be a reliable indication of the future risks and rewards of the Fund.
We cannot guarantee that the rating of the Fund will remain the same: it may change over time.
Even the lowest rating 1 does not mean a risk free investment.
On a scale of 1 (less risky) to 7 (more risky), this Share Class has a rating of 6 due to its past performance (or representative data) and the nature of its investments. Categories 1-2 indicate a low level of historical fluctuations, 3-5 a medium level, and 6-7 a high level.
Risk is taken in order to make a higher potential return; the more risk a fund takes, the higher the potential return but the greater the risk of loss.
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.
