Stewart Investors Asia Pacific Leaders Sustainability Fund Class VI USD 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.

Stewart Investors Asia Pacific Leaders Sustainability Fund

Overview of Stewart Investors Asia Pacific Leaders Sustainability Fund performance

Fund name Fund type Currency Price Daily change Price date Factsheet
Stewart Investors Asia Pacific Leaders Sustainability Class VI (Acc) Irish UCITs USD 12.79 0.26 17 Apr 2024
Fund information (as at 31/12/2023)
Fund launch date 18 February 2019
Share class launch date 11 July 2019
Fund size (US$m) 811.2
Benchmark MSCI AC Asia Pacific ex Japan Net Index
Number of holdings 41
Fund manager(s) David Gait & Sashi Reddy
Minimum investment US$1000
Initial charge 0%^
Ongoing charges^^ 0.88%
Share type Accumulation
Sedol BF18T66
ISIN IE00BF18T660
Research rating** Morningstar®:Silver
Top ten holdings (as at 31/12/2023)
Stock name %
Mahindra & Mahindra 7.3
HDFC 6.3
Hoya 5.2
Unicharm Corporation 5.0
Oversea-Chinese Banking 4.8
CSL 4.3
Kotak Mahindra 4.3
Tata Consultancy Services 4.2
Samsung Electronics 4.1
Godrej Consumer 3.5

Performance

Annualised performance as at 31 Mar 2024

Annual performance (% in USD) Share type 12 mths to 31 Mar 2024 12 mths to 31 Mar 2023 12 mths to 31 Mar 2022 12 mths to 31 Mar 2021 12 mths to 31 Mar 2020
Stewart Investors Asia Pacific Sustainability Fund Class VI (Acc) 6.8 -2.2 -2.3 60.8 -
Benchmark * - 5.3 -8.9 -10.8 58.6 -

Annualised performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
12 mths to 31 Mar 2024
6.8
5.3
12 mths to 31 Mar 2024
5.3
12 mths to 31 Mar 2023
-2.2
-8.9
12 mths to 31 Mar 2023
-8.9
12 mths to 31 Mar 2022
-2.3
-10.8
12 mths to 31 Mar 2022
-10.8
12 mths to 31 Mar 2021
60.8
58.6
12 mths to 31 Mar 2021
58.6
12 mths to 31 Mar 2020
-
-
12 mths to 31 Mar 2020
-

Cumulative performance as at 31 Mar 2024

Cumulative performance (% in USD) Share type Launch date 3mths 6mths 1yr 3yrs 5yrs 10yrs Since launch
Stewart Investors Asia Pacific Sustainability Fund Class VI (Acc) 17 May 2019 0.1 6.2 6.8 2.0 - - 40.2
Benchmark * - - 2.1 10.1 5.3 -14.5 - - 20.7

Cumulative performance as at 31 Mar 2024

Strategy
Fund
Benchmark *
Strategy
Benchmark *
Share type
Class VI (Acc)
-
Share type
-
Launch date
17 May 2019
-
Launch date
-
3mths
0.1
2.1
3mths
2.1
6mths
6.2
10.1
6mths
10.1
1yr
6.8
5.3
1yr
5.3
3yrs
2.0
-14.5
3yrs
-14.5
5yrs
-
-
5yrs
-
10yrs
-
-
10yrs
-
Since launch
40.2
20.7
Since launch
20.7

* MSCI AC Asia Pacific ex Japan Net Index

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.

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Sector breakdown

Country breakdown

Fund level reporting to 31 December 2023

  • As at 31 December 2023, the Fund held 41 companies.
  • All companies (100%) were contributing to at least one human development pillar and, in total, were making 118 contributions to the pillars.
  • 26 companies (63%) were contributing to climate change solutions. These companies were contributing to 31 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.

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 USD, the return may increase or decrease as a result of currency fluctuations. The past performance shown here includes fees, any reinvested income and tax.

All performance data for the Stewart Investors Asia Pacific Leaders Sustainability Fund Class VI (Accumulation) USD as at 31 December 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. Since inception performance figures have been calculated from 11 July 2019.

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.