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Stewart Investors Indian Subcontinent Sustainability Fund Class III Acc USD
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 India, Pakistan, Sri Lanka or Bangladesh. 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.
Stewart Investors Indian Subcontinent Sustainability Fund
This page is updated quarterly. Visit Fund literature page for monthly Factsheets, Quarterly Reports, KIIDS and Prospectuses.
| Fund launch date | 17 January 2023 |
|---|---|
| Share class launch date | 17 January 2023 |
| Fund Size (US$m) | 5.9 |
| Benchmark | MSCI India Net Index |
| Number of holdings | 36 |
| Fund manager(s) | Sashi Reddy & David Gait |
| Minimum Investment | US$500k |
| Initial charge | 0%< |
| Ongoing charges^^ | 1.05% |
| Share type | Accumulation |
| ISIN | IE00034QOVR6 |
| Research Rating‡ | Morningstar®:Gold |
| Stock name | % |
|---|---|
| Mahindra & Mahindra | 7.7 |
| CG Power & Industrial Solutions | 6.4 |
| HDFC | 5.6 |
| Tube Investments of India | 5.3 |
| Aavas Financiers | 4.3 |
| Kotak Mahindra Bank | 3.9 |
| Dr Lal Pathlabs | 3.5 |
| Tech Mahindra | 3.4 |
| Cholamandalam | 3.2 |
| Godrej Consumer Products | 3.2 |
Performance
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 2023
- As at 30 June 2023, the Fund held 35 companies.
- All companies (100%) were contributing to at least one human development pillar and, in total, were making 104 contributions to the pillars.
- 20 companies (57%) were contributing to climate change solutions. These companies were contributing to 34 different solutions and, in total, were making 66 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.
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 Indian Subcontinent Sustainability Fund Class III (Accumulation) USD as at 30 September 2023. 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.
^ 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.
