Prudential FRIA Stewart Investors Asia Pacific Leaders
Performance
Discrete performance - to last month end
| 30/09/20 to 30/09/21 |
30/09/21 to 30/09/22 |
30/09/22 to 30/09/23 |
30/09/23 to 30/09/24 |
30/09/24 to 30/09/25 |
|
|---|---|---|---|---|---|
| Fund | 23.3% | -5.5% | -5.6% | 11.9% | -2.0% |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/09/25 |
5 Years to 30/09/25 |
10 Years to 30/09/25 |
||
| Fund | 1.2% | 3.8% | 7.2% | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MAHINDRA AND MAHINDRA LIMITED | 6.89 |
| HDFC BANK LIMITED | 6.59 |
| SAMSUNG ELECTRONICS CO. LTD | 5.99 |
| OVERSEA-CHINESE BANKING CORPORATION LIMITED | 5.19 |
| ALIBABA GROUP HOLDING LIMITED | 5.19 |
| SHENZHEN INOVANCE TECHNOLOGY CO. LTD | 4.89 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.49 |
| MIDEA GROUP CO | 3.39 |
| TRIP.COM GROUP LIMITED | 3.39 |
| S.F. HOLDING CO. | 2.99 |
| Total | 48.00 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Stewart Investors Asia Pacific Leaders Sustainability Fund - the underlying fund.
Underlying Fund Objective: The fund aims to achieve long-term capital growth by investing primarily in large and mid-capitalisation equities issued by companies that are incorporated or listed, or which conduct the majority of their economic activity, in the Asia Pacific region (excluding Japan, including Australasia). Particular consideration is given to investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate.
Fund Manager
Joined the team in September 2013.
Previously, Chris worked for a London-based investment bank where he was a research sales specialist in Asian equities. Before that he worked as an analyst at Baillie Gifford and Edinburgh Fund Managers.
Chris has an MSc in Finance and a First Class Honours degree from the University of Edinburgh.
Joined the team in September 2011 as a graduate.
Jack is lead manager of the Global Emerging Markets Leaders strategies.
He holds a MA (Oxon) in Politics, Philosophy and Economics from Queen’s College, Oxford.
Jack sits on the Stewart Investors Board.
Joined the team in October 2013, having been an intern with the company during 2013.
Douglas is lead manager of the Asia Pacific and Japan All Cap strategy, as well as Pacific Assets Trust.
He holds an MA in Business Studies and Accountancy from the University of Edinburgh.
Douglas sits on the Stewart Investors Board.
Fund Overview
| Bid (14/10/2025) | 379.20 |
| Offer (14/10/2025) | 379.20 |
| Fund size (31/08/2025) | £3.23m |
| Underlying Fund size | £5244.53m |
| Number of holdings | 49 |
| Launch date | 13/07/2009 |
Fund Charges
| Annual Management Charge (AMC) | 1.60% |
| Further Costs | 0.05% |
| Yearly Total | 1.65% |
Asset Allocation
| International Equities | 96.91% | |
| Cash and Equivalents | 3.09% |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 96.91% | |
| Cash and Equivalents | 3.09% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 22.46% | - | - | - | |
| Banks | - | 19.36% | - | - | |
| Banks | - | - | 19.36% | - | |
| Banks | - | - | - | 19.36% | |
| Insurance | - | 3.09% | - | - | |
| Non-life Insurance | - | - | 2.10% | - | |
| Property & Casualty Insurance | - | - | - | 2.10% | |
| Life Insurance | - | - | 1.00% | - | |
| Life Insurance | - | - | - | 1.00% | |
| Consumer Discretionary | 22.26% | - | - | - | |
| Retail | - | 7.29% | - | - | |
| Retailers | - | - | 7.29% | - | |
| Diversified Retailers | - | - | - | 7.29% | |
| Automobiles & Parts | - | 6.89% | - | - | |
| Automobiles & Parts | - | - | 6.89% | - | |
| Automobiles | - | - | - | 6.89% | |
| Consumer Products & Services | - | 4.69% | - | - | |
| Household Goods & Home Construction | - | - | 3.39% | - | |
| Household Appliance | - | - | - | 3.39% | |
| Leisure Goods | - | - | 1.30% | - | |
| Recreational Vehicles & Boats | - | - | - | 1.30% | |
| Travel & Leisure | - | 3.39% | - | - | |
| Travel & Leisure | - | - | 3.39% | - | |
| Travel & Tourism | - | - | - | 3.39% | |
| Industrials | 15.27% | - | - | - | |
| Industrial Goods & Services | - | 15.27% | - | - | |
| Industrial Engineering | - | - | 7.49% | - | |
| Machinery: Industrial | - | - | - | 4.89% | |
| Machinery: Tools | - | - | - | 2.59% | |
| Industrial Transportation | - | - | 3.59% | - | |
| Delivery Services | - | - | - | 3.59% | |
| Electronic & Electrical Equipment | - | - | 1.90% | - | |
| Electrical Components | - | - | - | 1.90% | |
| General Industrials | - | - | 1.80% | - | |
| Diversified Industrials | - | - | - | 1.80% | |
| Industrial Support Services | - | - | 0.50% | - | |
| Professional Business Support Services | - | - | - | 0.50% | |
| Technology | 13.87% | - | - | - | |
| Technology | - | 13.87% | - | - | |
| Software & Computer Services | - | - | 9.68% | - | |
| Consumer Digital Services | - | - | - | 4.59% | |
| Computer Services | - | - | - | 4.09% | |
| Software | - | - | - | 1.00% | |
| Technology Hardware & Equipment | - | - | 4.19% | - | |
| Semiconductors | - | - | - | 4.19% | |
| Health Care | 9.18% | - | - | - | |
| Health Care | - | 9.18% | - | - | |
| Medical Equipment & Services | - | - | 6.39% | - | |
| Medical Equipment | - | - | - | 3.39% | |
| Medical Supplies | - | - | - | 2.99% | |
| Pharmaceuticals & Biotechnology | - | - | 2.79% | - | |
| Biotechnology | - | - | - | 1.70% | |
| Pharmaceuticals | - | - | - | 1.10% | |
| Telecommunications | 8.28% | - | - | - | |
| Telecommunications | - | 8.28% | - | - | |
| Telecommunications Equipment | - | - | 5.99% | - | |
| Telecommunications Equipment | - | - | - | 5.99% | |
| Telecommunications Service Providers | - | - | 2.30% | - | |
| Telecommunications Services | - | - | - | 2.30% | |
| Consumer Staples | 3.29% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.70% | - | - | |
| Food Producers | - | - | 1.70% | - | |
| Food Products | - | - | - | 1.70% | |
| Personal Care, Drug & Grocery Stores | - | 1.60% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.60% | - | |
| Personal Products | - | - | - | 1.00% | |
| Drug Retailers | - | - | - | 0.60% | |
| Cash and Equivalents | 3.09% | - | - | - | |
| Real Estate | 1.20% | - | - | - | |
| Real Estate | - | 1.20% | - | - | |
| Real Estate Investment & Services | - | - | 1.20% | - | |
| Real Estate Holding and Development | - | - | - | 1.20% | |
| Basic Materials | 1.10% | - | - | - | |
| Basic Resources | - | 1.10% | - | - | |
| Industrial Metals & Mining | - | - | 1.10% | - | |
| Metal Fabricating | - | - | - | 1.10% | |
| Non-Classified | 0.00% | - | - | - | |
Regional Allocation
| Emerging Asia | 72.16% | |
| Developed Asia | 16.27% | |
| Cash and Equivalents | 3.09% | |
| Japan | 2.99% | |
| Australia & New Zealand | 2.89% | |
| North America | 2.59% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 88.57% | |
| Cash | 9.11% | |
| US Dollar | 2.32% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 72.16% | - | |
India
|
- | 28.94% | |
China
|
- | 21.36% | |
South Korea
|
- | 7.98% | |
Taiwan
|
- | 6.09% | |
Philippines
|
- | 4.79% | |
Indonesia
|
- | 1.80% | |
Thailand
|
- | 1.20% | |
| Developed Asia | 16.27% | - | |
Hong Kong
|
- | 8.78% | |
Singapore
|
- | 7.49% | |
| Cash and Equivalents | 3.09% | - | |
| Japan | 2.99% | - | |
Japan
|
- | 2.99% | |
| Australia & New Zealand | 2.89% | - | |
Australia
|
- | 2.30% | |
New Zealand
|
- | 0.60% | |
| North America | 2.59% | - | |
United States
|
- | 2.59% | |
Breakdown By Market Cap (%)
| Mega |
|
44.21% |
| Large |
|
31.84% |
| Medium |
|
0.20% |
| Non-Classified |
|
20.66% |
| Cash |
|
3.09% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MAHINDRA AND MAHINDRA LIMITED | 6.89% | Automobiles & Parts | India |
| 2 | HDFC BANK LIMITED | 6.59% | Banks | India |
| 3 | SAMSUNG ELECTRONICS CO. LTD | 5.99% | Telecommunications Equipment | South Korea |
| 4 | OVERSEA-CHINESE BANKING CORPORATION LIMITED | 5.19% | Banks | Singapore |
| 5 | ALIBABA GROUP HOLDING LIMITED | 5.19% | Retailers | China |
| 6 | SHENZHEN INOVANCE TECHNOLOGY CO. LTD | 4.89% | Industrial Engineering | China |
| 7 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.49% | Technology Hardware & Equipment | Taiwan |
| 8 | MIDEA GROUP CO | 3.39% | Household Goods & Home Construction | China |
| 9 | TRIP.COM GROUP LIMITED | 3.39% | Travel & Leisure | Hong Kong |
| 10 | S.F. HOLDING CO. | 2.99% | Industrial Transportation | China |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 13.87% | - | - | - | - | - | - | 13.87% |
| Telecommunications | - | 8.28% | - | - | - | - | - | - | 8.28% |
| Financials | - | 22.46% | - | - | - | - | - | - | 22.46% |
| Real Estate | - | 1.20% | - | - | - | - | - | - | 1.20% |
| Consumer Discretionary | - | 22.26% | - | - | - | - | - | - | 22.26% |
| Consumer Staples | - | 3.29% | - | - | - | - | - | - | 3.29% |
| Health Care | - | 9.18% | - | - | - | - | - | - | 9.18% |
| Industrials | - | 15.27% | - | - | - | - | - | - | 15.27% |
| Basic Materials | - | 1.10% | - | - | - | - | - | - | 1.10% |
| Cash and Equivalents | - | - | - | - | - | - | - | 3.09% | 3.09% |
| Non-Classified | - | - | - | - | - | - | - | - | - |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B3RQB53 |
| Mex Code | PUSADR |
| Isin Code | GB00B3RQB534 |
| Citi Code | FNJ2 |
Fund Charges
| Annual Management Charge (AMC) | 1.60% |
| Further Costs | 0.05% |
| Yearly Total | 1.65% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Stewart Investors Asia Pacific Leaders Sustainability Fund - the underlying fund. Underlying Fund Objective: The fund aims to achieve long-term capital growth by investing primarily in large and mid-capitalisation equities issued by companies that are incorporated or listed, or which conduct the majority of their economic activity, in the Asia Pacific region (excluding Japan, including Australasia). Particular consideration is given to investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate. |
| Benchmark | MSCI AC Asia Pacific (ex-Japan) Index |
| ABI Sector | Specialist |
Ratings
| FE Crown |  |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.