Stewart Investors Global Emerging Markets Leaders Fund Class VI Dist EUR

Investment objective and policy

The Fund aims to grow your investment.

The Fund invests at least 70% of its assets in shares of large and mid sized companies in emerging markets or whose business is predominantly based in emerging markets. This includes companies that are listed on exchanges in developed markets. These companies generally have a total stock market value of at least US$ 1 billion. Emerging markets are countries considered to have social or business activity in the process of rapid growth. The Fund may invest up to 100% of its assets in Emerging Markets and any industry. The Fund will not invest more than 50% of its assets in China A Shares.

The Fund may use derivatives with the aim of risk reduction or efficient management.

Fund information (as at 31/08/2021)

Fund launch date 06 October 2005
Share class launch date 22 February 2019
Fund size (€m) 70.9
Benchmark MSCI Emerging Markets Net Index
Number of holdings 59
Fund manager(s) Tom Prew/Chris Grey
Minimum investment €1000
Initial charge 0%^
Ongoing charges^^ 0.99%
Share type Distributing
Sedol BFY8509
ISIN IE00BFY85099
Research rating** Morningstar®:Silver

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Performance

Discrete annual performance (% in EUR) 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 32.3 -17.3 - - -
Benchmark return 22.7 5.4 - - -

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

Fund return

12 months to 31/08/21
32.3
12 months to 31/08/20
-17.3
12 months to 31/08/19
-
12 months to 31/08/18
-
12 months to 31/08/17
-

Benchmark return

12 months to 31/08/21
22.7
12 months to 31/08/20
5.4
12 months to 31/08/19
-
12 months to 31/08/18
-
12 months to 31/08/17
-

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

Period 3 months 6 months 1 year 3 years 5 years 10 years Since launch
Fund return 5.5 15.3 32.3 - - - 5.7
Benchmark return -0.7 1.8 22.7 - - - 26.1

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

Fund return

3 months
5.5
6 months
15.3
1 year
32.3
3 years
-
5 years
-
10 years
-
Since launch
5.7

Benchmark return

3 months
-0.7
6 months
1.8
1 year
22.7
3 years
-
5 years
-
10 years
-
Since launch
26.1

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. 

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Holdings and breakdowns as at 31/08/2021

Top ten holdings

Stock name % Stock name %
Tata Consultancy Services 4.5 Samsung 3.3
Unilever 4.1 Klabin 2.8
Fomento Economico Mexicano 3.8 Banco Bilbao Vizcaya Argentaria 2.7
Uni-President Enterprises 3.5 Newcrest Mining 2.2
HDFC 3.5 Kasikornbank 2.2

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.

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

All performance data for the Stewart Investors Global Emerging Markets Leaders Fund Class VI (Distributing) EUR 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 22 February 2019.

^ An initial charge of up to 7% 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.

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