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. (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 will only use derivatives to reduce risk or to manage the Fund more efficiently in limited cases.

Sustainable investment labels help investors find products that have a specific sustainability goal. This product does not have a UK sustainable investment label as it does not have a non-financial sustainability objective. Its objective is to achieve capital growth over the long-term by following its investment policy and strategy.

This page is updated monthly. Visit Fund literature page for Factsheets, Quarterly Reports, KIIDS and Prospectuses.

Stewart Investors European (ex UK) All Cap Fund

Overview of Stewart Investors European (ex UK) All Cap Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors European (ex UK) All Cap Class B (Acc) OEIC GBP 97.88 -1.40 27 Mar 2025

Fund information as at 28 Feb 2025

Fund launch date 25 January 2022
Share class launch date 25 January 2022
Fund size (£m) 3.5
UK Investment Assocation sector Europe Excluding UK
Benchmark MSCI Europe ex UK
Number of holdings 39
Fund managers Lorna Logan/Rob Harley
Available as ISA yes
Minimum investment £1000/£50 per month
Initial charge 0%
Ongoing charges^^ 0.65%
Share type ACCUMULATION
Sedol BMDVCC9
ISIN GB00BMDVCC91
Research rating** Morningstar®:Silver
Fund yield 0.9%

Top 10 holdings as at 28 Feb 2025

Stock name %
Roche Holding Ltd 5.7
ASSA ABLOY AB Class B 4.0
DiaSorin SpA 3.6
Adyen NV 3.6
Nexans SA 3.6
Jeronimo Martins, SGPS S.A. 3.5
Deutsche Post AG 3.4
Atlas Copco AB Ser'A'NPV 3.3
Infineon Technologies AG 3.3
Beiersdorf AG 3.2

Performance

Annualised performance as at 28 Feb 2025

Annual performance (% in GBP) Share type 12 mths to 28 Feb 2025 12 mths to 29 Feb 2024 12 mths to 28 Feb 2023 12 mths to 28 Feb 2022 12 mths to 28 Feb 2021
Stewart Investors European (ex UK) All Cap Fund Class B (Acc) -3.9 5.5 1.3 - -
Benchmark * - 9.6 9.9 9.3 - -

Annualised performance as at 28 Feb 2025

Strategy
Fund
Benchmark *
Share type
Class B (Acc)
-
12 mths to 28 Feb 2025
-3.9
9.6
12 mths to 29 Feb 2024
5.5
9.9
12 mths to 28 Feb 2023
1.3
9.3
12 mths to 28 Feb 2022
-
-
12 mths to 28 Feb 2021
-
-

Cumulative performance as at 28 Feb 2025

Cumulative performance (% in GBP) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors European (ex UK) All Cap Fund Class B (Acc) 25 Jan 2022 6.6 -0.3 -3.9 2.7 - - 1.4
Benchmark * - - 9.8 4.4 9.6 31.6 - - 29.2

Cumulative performance as at 28 Feb 2025

Strategy
Fund
Benchmark *
Share type
Class B (Acc)
-
Launch date
25 Jan 2022
-
3mths
6.6
9.8
6mths
-0.3
4.4
1yr
-3.9
9.6
3yrs
2.7
31.6
5yrs
-
-
10yrs
-
-
Since launch
1.4
29.2

* MSCI Europe ex UK

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 (pence), the return may increase or decrease as a result of currency fluctuations. ** All performance data for Stewart Investors European (ex UK) All Cap Fund - Class B (Acc) GBP as at specified date. Source for Fund - Lipper IM/First Sentier Investors/Stewart Investors. Performance data is calculated on a net basis by deducting fees incurred at fund level (e.g. the management and administration fee) and other costs charged to the fund (e.g. transaction and custody costs), save that it does not take account of initial charges or switching fees (if any). Source for benchmark – Factset. Fund and benchmark includes income reinvested net of withholding tax. Since inception performance calculated from 25 Jan 2022.

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Sector breakdown as at 28 Feb 2025

Country breakdown as at 28 Feb 2025

Fund level reporting to 31 Dec 2024

  • As at 31 December 2024, the Fund held 37 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 88 contributions to the pillars.
  • 27 companies (73%) were contributing to climate change solutions. These companies were contributing to 38 different solutions and, in total, were making 91 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.

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.

Fund name changes

As of end of 2024, please note that Stewart Investors strategies and the Funds within the UK First Sentier Investors ICVC, First Sentier Investors Global Umbrella Fund plc (Irish VCC) and First Sentier Investors Global Growth Funds (Singapore Unit Trust) have been renamed. Please refer to our note via the link below for further information.