Stewart Investors Indian Subcontinent Sustainability Class B Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund -14.2% 45.7% 22.8% 1.4% 22.1%
Sector -17.8% 36.8% 23.7% -3.9% 32.0%
Rank 5/20 10/22 5/23 5/23 20/23
Quartile 1 2 1 1 4

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 15.0% 13.7% 15.6%
Sector 16.2% 12.0% 14.1%
Rank 9/23 8/20 2/15
Quartile 2 2 1

Top 10 Holdings

Stock % Weight
MAHINDRA & MAHINDRA LTD 8.49
TUBE INVESTMENTS OF INDIA 5.89
HDFC BANK LIMITED 5.39
CG POWER & INDL SOLUTIONS LTD 4.80
KOTAK MAHINDRA BANK LIMITED 4.10
TRIVENI TURBINE LTD 4.10
TATA CONSUMER PRODUCTS LIMITED 4.00
DR REDDYS LABORATORIES 3.80
GODREJ CONSUMER PRODUCTS 3.80
AAVAS FINANCIERS LTD 3.40
Total 47.75

Fund Aims

The Fund aims to achieve long-term capital growth. The Fund will comprise investments in a diversified portfolio of companies of the Indian subcontinent. The Fund concentrates on securities that are listed, traded or dealt in on regulated markets in the Indian subcontinent and instruments issued by companies established, operating or having a predominant part of their economic activities in the Indian subcontinent and listed on other regulated markets.

Fund Manager

David Gait manager for 15 years and 10 months

Photo of David Gait David is a Managing Partner of Stewart Investors and sits on the Stewart Investors Board. He is Head of the Sustainable Funds Group and a Portfolio Manager. David joined the team as a graduate in 1997. He is lead manager of Asia Pacific Sustainability strategies, as well as Pacific Assets Investment Trust. David holds an MA with honours in Economics from Cambridge University, and holds a Master of Science in Investment Analysis from Stirling University.

Sashi Reddy manager for 15 years and 10 months

Photo of Sashi Reddy Sashi Reddy is a Portfolio Manager with the Sustainable Funds Group at Stewart Investors. He sits on the Stewart Investors Board. He joined the team in August 2007. Sashi is lead manager of the Worldwide Leaders Sustainability strategy and the Indian Subcontinent Sustainability strategy. Previously, he worked at Irevna Research, an Indian equities research house from 2005 to 2007. Sashi has an engineering degree from the National Institute of Technology, Trichy and an MBA from the Schulich School of Business, York University in Toronto.

Fund Overview

Mid (30/04/2024) 478.92p
Historic yield 0.00%
Fund size (29/02/2024) £688.58m
Number of holdings 39
Entry Charge 0.00%
Ongoing Charges 0.93%
Launch date 09/11/2012

Asset Allocation

pie chart
  International Equities 98.50%
  Cash and Equivalents 1.40%
  Other Assets 0.10%
Portfolio data accurate as at: 29/02/24

Important Information

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 98.50%
  Cash and Equivalents 1.40%
  Other Assets 0.10%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 18.18% - - -
 
 Banks - 10.29% - -
 
 Banks - - 10.29% -
 
 Banks - - - 10.29%
 
 Financial Services - 7.89% - -
 
 Finance & Credit Services - - 7.89% -
 
 Consumer Lending - - - 4.40%
 
 Mortgage Finance - - - 3.50%
 
 Industrials 16.98% - - -
 
 Industrial Goods & Services - 16.98% - -
 
 Industrial Engineering - - 8.79% -
 
 Machinery: Specialty - - - 7.29%
 
 Machinery: Industrial - - - 1.50%
 
 Machinery: Agricultural - - - 0.00%
 
 Electronic & Electrical Equipment - - 5.39% -
 
 Electrical Components - - - 5.39%
 
 Industrial Transportation - - 2.80% -
 
 Delivery Services - - - 2.80%
 
 Consumer Discretionary 14.89% - - -
 
 Automobiles & Parts - 10.99% - -
 
 Automobiles & Parts - - 10.99% -
 
 Automobiles - - - 8.49%
 
 Auto Parts - - - 2.50%
 
 Travel & Leisure - 2.50% - -
 
 Travel & Leisure - - 2.50% -
 
 Hotels & Motels - - - 2.50%
 
 Consumer Products & Services - 1.40% - -
 
 Consumer Services - - 1.40% -
 
 Consumer Services: Misc. - - - 1.40%
 
 Technology 13.99% - - -
 
 Technology - 13.99% - -
 
 Software & Computer Services - - 13.99% -
 
 Computer Services - - - 9.89%
 
 Consumer Digital Services - - - 4.10%
 
 Health Care 11.29% - - -
 
 Health Care - 11.29% - -
 
 Pharmaceuticals & Biotechnology - - 6.29% -
 
 Pharmaceuticals - - - 3.80%
 
 Biotechnology - - - 2.50%
 
 Medical Equipment & Services - - 5.00% -
 
 Medical Services - - - 3.10%
 
 Medical Supplies - - - 1.90%
 
 Consumer Staples 11.19% - - -
 
 Personal Care, Drug & Grocery Stores - 7.19% - -
 
 Personal Care, Drug & Grocery Stores - - 7.19% -
 
 Personal Products - - - 7.19%
 
 Food, Beverage & Tobacco - 4.00% - -
 
 Beverages - - 4.00% -
 
 Soft Drinks - - - 4.00%
 
 Basic Materials 9.49% - - -
 
 Basic Resources - 7.79% - -
 
 Industrial Metals & Mining - - 5.89% -
 
 Metal Fabricating - - - 5.89%
 
 Industrial Materials - - 1.90% -
 
 Diversified Materials - - - 1.90%
 
 Chemicals - 1.70% - -
 
 Chemicals - - 1.70% -
 
 Chemicals: Diversified - - - 1.70%
 
 Telecommunications 2.50% - - -
 
 Telecommunications - 2.50% - -
 
 Telecommunications Service Providers - - 2.50% -
 
 Telecommunications Services - - - 2.50%
 
 Cash and Equivalents 1.40% - - -
 
 Non-Classified 0.10% - - -

Regional Allocation

pie chart
  Emerging Asia 98.50%
  Cash and Equivalents 1.40%
  Non-Classified 0.10%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.00%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Emerging Asia 98.50% -
 
 India - 97.90%
 
 Bangladesh - 0.60%
 
 Cash and Equivalents 1.40% -
 
 Non-Classified 0.10% -

Breakdown By Market Cap (%)

Mega
 
 
10.59%
Large
 
 
43.46%
Medium
 
 
37.36%
Small
 
 
5.09%
Micro
 
 
2.00%
Non-Classified
 
 
0.10%
Cash
 
 
1.40%

Top 10 Holdings

Stock % Weight Sector Country
1 MAHINDRA & MAHINDRA LTD 8.49% Automobiles & Parts India
2 TUBE INVESTMENTS OF INDIA 5.89% Industrial Metals & Mining India
3 HDFC BANK LIMITED 5.39% Banks India
4 CG POWER & INDL SOLUTIONS LTD 4.80% Electronic & Electrical Equipment India
5 KOTAK MAHINDRA BANK LIMITED 4.10% Banks India
6 TRIVENI TURBINE LTD 4.10% Industrial Engineering India
7 TATA CONSUMER PRODUCTS LIMITED 4.00% Beverages India
8 DR REDDYS LABORATORIES 3.80% Pharmaceuticals & Biotechnology India
9 GODREJ CONSUMER PRODUCTS 3.80% Personal Care, Drug & Grocery Stores India
10 AAVAS FINANCIERS LTD 3.40% Finance & Credit Services India

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 13.99% - - - - - - 13.99%
Telecommunications - 2.50% - - - - - - 2.50%
Financials - 18.18% - - - - - - 18.18%
Consumer Discretionary - 14.89% - - - - - - 14.89%
Consumer Staples - 11.19% - - - - - - 11.19%
Health Care - 11.29% - - - - - - 11.29%
Industrials - 16.98% - - - - - - 16.98%
Basic Materials - 9.49% - - - - - - 9.49%
Cash and Equivalents - - - - - - - 1.40% 1.40%
Non-Classified - - - - - - 0.10% - 0.10%

Important Information

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 B1FXTG9
Mex Code CFISBA
Isin Code GB00B1FXTG93
Citi Code I271

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.93%

Aims and Benchmark

Aims The Fund aims to achieve long-term capital growth. The Fund will comprise investments in a diversified portfolio of companies of the Indian subcontinent. The Fund concentrates on securities that are listed, traded or dealt in on regulated markets in the Indian subcontinent and instruments issued by companies established, operating or having a predominant part of their economic activities in the Indian subcontinent and listed on other regulated markets.
Benchmark MSCI Indian Index
Benchmark Category -
IA Sector India/Indian Subcontinent

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type No income
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 February 31 March
01 August 30 September

Ratings

FE Crown Crown Rating of 4

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The Bank of New York Mellon (International) Limited
Fund Administrator The Bank of New York Mellon (International) Limited
Fund Registrar The Bank of New York Mellon (International) Limited
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name Stewart Investors (First Sentier Investors) (UK)
Group address Finsbury Circus House 15 Finsbury Circus London EC2M 7EB
Group telephone 020 7332 6500
Dealing telephone -
Email -
Homepage www.firstsentierinvestors.com
Fax number -

Dealing

Minimum Investment £500000
Minimum Top Up £50000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges 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

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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.