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 around the world. The Fund may invest in both developed and emerging market countries (countries that typically have lower average income and standards of governance than developed markets). The Fund may invest up to 100% of its assets in Emerging Markets, in any industry, or companies of any size. The Fund will not invest more than 50% of its assets in China A Shares or more than 30% of its assets in shares of Russian companies. 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 monthly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors Worldwide Sustainability Fund

Overview of Stewart Investors Worldwide Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Worldwide Sustainability Class I (Acc) Irish UCITs EUR 13.28 -0.71 17 Jun 2024

Fund information (as at 31/05/2024)

Fund launch date 11 February 2019
Share class launch date 05 April 2019
Fund size (€m) 174.0
Benchmark MSCI AC World Net Index
Number of holdings 50
Fund managers Nick Edgerton/David Gait
Minimum investment €1000/€500 subsequent
Initial charge 0%
Ongoing charges^^ 1.35%
Share type ACCUMULATION
Sedol BFY8598
ISIN IE00BFY85982
Research rating** Morningstar®:Silver

Top 10 holdings (as at 31/05/2024)

Stock name %
Fortinet, Inc. 4.7
Infineon Technologies AG 4.5
Watsco, Inc. 4.4
Halma plc 4.4
DiaSorin SpA 4.0
Roche Holding Ltd 3.8
Edwards Lifesciences Corporation 3.5
HDFC Bank INR1 3.5
Beiersdorf AG 3.2
Jeronimo Martins, SGPS S.A. 3.0

Performance

Annualised performance as at 31 May 2024

Annual performance (% in EUR) Share type 12 mths to 31 May 2024 12 mths to 31 May 2023 12 mths to 31 May 2022 12 mths to 31 May 2021 12 mths to 31 May 2020
Stewart Investors Worldwide Sustainability Fund Class I (Acc) 0.7 6.2 -6.2 21.1 6.5
Benchmark * - 21.3 1.3 6.4 29.0 5.6

Annualised performance as at 31 May 2024

Strategy
Fund
Benchmark *
Share type
Class I (Acc)
-
12 mths to 31 May 2024
0.7
21.3
12 mths to 31 May 2023
6.2
1.3
12 mths to 31 May 2022
-6.2
6.4
12 mths to 31 May 2021
21.1
29.0
12 mths to 31 May 2020
6.5
5.6

Cumulative performance as at 31 May 2024

Cumulative performance (% in EUR) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Worldwide Sustainability Fund Class I (Acc) 05 Apr 2019 -0.6 7.3 0.7 0.4 29.4 - 29.0
Benchmark * - - 3.5 14.7 21.3 30.8 78.3 - 71.0

Cumulative performance as at 31 May 2024

Strategy
Fund
Benchmark *
Share type
Class I (Acc)
-
Launch date
05 Apr 2019
-
3mths
-0.6
3.5
6mths
7.3
14.7
1yr
0.7
21.3
3yrs
0.4
30.8
5yrs
29.4
78.3
10yrs
-
-
Since launch
29.0
71.0

* MSCI AC World 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.

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Sector breakdown as at 30 Apr 2024

Country breakdown as at 30 Apr 2024

Fund level reporting to 31 Dec 2023

  • As at 31 December 2023, the Fund held 50 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 119 contributions to the pillars.
  • 36 companies (72%) were contributing to climate change solutions. These companies were contributing to 41 different solutions and, in total, were making 114 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.

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.

Worldwide Sustainability Strategy

A global sustainable investment strategy that supports companies contributing to and benefiting from sustainable development.

Portfolio Explorer

Explore the companies held within our Worldwide Sustainability Strategy.

Insights

Latest articles, research and reports from Stewart Investors.

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 EUR, the return may increase or decrease as a result of currency fluctuations.

All performance data for the Stewart Investors Worldwide Sustainability Fund Class I (Accumulation) EUR as at the specified date. 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. Since inception performance figures have been calculated from 05 April 2019.

^ 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.