Stewart Investors Asia Pacific Leaders Sustainability Fund Class I EUR 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, KIIDS and Prospectuses.
| Fund launch date | 18 February 2019 |
|---|---|
| Share class launch date | 18 February 2019 |
| Fund size (€m) | 959.4 |
| Benchmark | MSCI AC Asia Pacific ex Japan Net Index |
| Number of holdings | 39 |
| Fund manager(s) | David Gait & Sashi Reddy |
| Minimum investment | €1000/€500 subsequent |
| Initial charge | 0%^ |
| Ongoing charges^^ | 1.53% |
| Share type | Accumulation |
| Sedol | BFY85L0 |
| ISIN | IE00BFY85L07 |
| Research rating** | Morningstar®:Bronze |
| Stock name | % |
|---|---|
| Mahindra & Mahindra | 7.4 |
| CSL | 7.0 |
| HDFC | 5.7 |
| Unicharm | 5.2 |
| Tata Consumer Products | 4.2 |
| Marico | 4.2 |
| Tata Consultancy Services | 4.2 |
| Kotak Mahindra Bank | 4.1 |
| Oversea-Chinese Banking | 3.6 |
| Infosys | 3.4 |
Performance
| Period | 12 months to 31/12/22 | 12 months to 31/12/21 | 12 months to 31/12/20 | 12 months to 31/12/19 | 12 months to 31/12/18 |
|---|---|---|---|---|---|
| Fund return | -14.0 | 19.3 | 17.2 | 8.6 | 3.6 |
| Benchmark return | -12.1 | 4.5 | 12.3 | 21.3 | -9.6 |
Discrete annual performance (% in EUR) to 31/12/2022
Fund return
- 12 months to 31/12/22
- -14.0
- 12 months to 31/12/21
- 19.3
- 12 months to 31/12/20
- 17.2
- 12 months to 31/12/19
- 8.6
- 12 months to 31/12/18
- 3.6
Benchmark return
- 12 months to 31/12/22
- -12.1
- 12 months to 31/12/21
- 4.5
- 12 months to 31/12/20
- 12.3
- 12 months to 31/12/19
- 21.3
- 12 months to 31/12/18
- -9.6
| Period | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Since launch |
|---|---|---|---|---|---|---|---|
| Fund return | -4.0 | 0.6 | -14.0 | 20.3 | 35.4 | 101.8 | 212.3 |
| Benchmark return | 2.9 | -4.2 | -12.1 | 3.2 | 13.2 | 75.2 | 124.1 |
Cumulative performance (% in EUR) to 31/12/2022
Fund return
- 3 months
- -4.0
- 6 months
- 0.6
- 1 year
- -14.0
- 3 years
- 20.3
- 5 years
- 35.4
- 10 years
- 101.8
- Since launch
- 212.3
Benchmark return
- 3 months
- 2.9
- 6 months
- -4.2
- 1 year
- -12.1
- 3 years
- 3.2
- 5 years
- 13.2
- 10 years
- 75.2
- Since launch
- 124.1
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
Fund level reporting to 30 June 2022
- As at 30 June 2022, the Fund held 43 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, companies were contributing towards 122 pillars.
- 28 companies (65%) were contributing towards climate change solutions. These companies were contributing towards 26 different solutions and 84 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.
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 Fund has a rating of 5 due to its past performance and the nature of its investments. Shares with a rating of 5 might have a higher risk, but also higher returns. 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.
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.
Important information
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.
The Share Class launched on 18 February 2019. The fund performance shown in the tables above includes simulated performance based on actual performance between 1 May 2008 and 14 February 2019 of an equivalent fund, the Class A Euro Accumulation of Stewart Investors Asia Pacific Leaders Fund, a sub-fund of First Sentier Investors ICVC, a UK-based investment fund. From 18 February 2019, it shows the performance of Stewart Investors Asia Pacific Leaders Fund, class I Accumulation Euro a sub-fund of First Sentier Investors Global Umbrella Fund plc.
All performance data for the Stewart Investors Asia Pacific Leaders Sustainability Fund Class I (Accumulation) EUR as at 31 December 2022. 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 01 May 2008.
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.
** This does not constitute an investment recommendation and is not indicative of future results. Methodology available on rating provider's website.
