Stewart Investors Asia Pacific and Japan Sustainability Fund B Inc 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 Asia Pacific region. The Fund invests in shares of high quality companies which are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate. 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.

Fund information (as at 31/08/2021)

Fund launch date 30 June 1988
Share class launch date 11 December 2009
Fund size (£m) 519.1
UK Investment Association sector Asia Pacific including Japan
Benchmark MSCI AC Asia Pacific Net Index*
Number of holdings 56
Fund manager(s) Douglas Ledingham & David Gait
Available as an ISA yes
Minimum investment £1000/£50 per month
Initial charge 0%^
Ongoing charges^^ 0.92%
Share type Income
Sedol B57XX41
ISIN GB00B57XX416
Fund yield 0.0%

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Performance

Discrete annual performance (% in GBP) to 31/08/2021

Period 12 months to 31/08/21 12 months to 31/08/20 12 months to 31/08/19 12 months to 31/08/18 12 months to 31/08/17
Fund return 26.8 1.2 -0.8 1.4 13.6
Benchmark return 15.8 4.6 1.6 2.2 25.2

Discrete annual performance (% in GBP) to 31/08/2021

Fund return

12 months to 31/08/21
26.8
12 months to 31/08/20
1.2
12 months to 31/08/19
-0.8
12 months to 31/08/18
1.4
12 months to 31/08/17
13.6

Benchmark return

12 months to 31/08/21
15.8
12 months to 31/08/20
4.6
12 months to 31/08/19
1.6
12 months to 31/08/18
2.2
12 months to 31/08/17
25.2

Cumulative performance (% in GBP) to 31/08/2021

Period 3 months 6 months 1 year 3 years 5 years 10 years Since launch
Fund return 8.1 12.2 26.8 27.3 46.6 168.5 240.0
Benchmark return 0.3 0.4 15.8 23.1 57.5 129.8 158.6

Cumulative performance (% in GBP) to 31/08/2021

Fund return

3 months
8.1
6 months
12.2
1 year
26.8
3 years
27.3
5 years
46.6
10 years
168.5
Since launch
240.0

Benchmark return

3 months
0.3
6 months
0.4
1 year
15.8
3 years
23.1
5 years
57.5
10 years
129.8
Since launch
158.6

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. 

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Holdings and breakdowns to 31/08/2021

Top ten holdings

Stock name % Stock name %
Hoya 5.5 CSL 3.9
Tube Investments 4.5 Voltronic Power 3.8
Marico 4.0 Mahindra & Mahindra 3.5
Unicharm 4.0 Techtronic Industries 3.3
Tata Consumer Products 4.0 HDFC 3.2

Sector breakdown

Country breakdown

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Literature

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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.

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

All performance data for the Stewart Investors Asia Pacific and Japan Sustainability Fund Class B (Income) GBP as at 31 August 2021. 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 11 December 2009.

* Please note as of 22nd May 2020 the Fund changed from MSCI AC Asia Pacific ex Japan Index to the MSCI AC Asia Pacific Index and from the IA Asia Pacific ex Japan sector to the IA Asia Pacific Including Japan sector. The benchmark and IA sector for this Fund have been identified as a means by which investors can compare the performance of the Fund and have been chosen because their constituents most closely represent the scope of the investable assets. The benchmark and sector are not used to limit or constrain how the portfolio is constructed nor are they part of a target set for Fund performance.

^ An initial charge of up to 4% may be levied in certain circumstances, e.g. to limit the size of the fund, 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.

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