Stewart Investors Indian Subcontinent Sustainability Class B Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | 11.1% | 38.3% | 8.1% | 5.1% | 18.2% |
| Sector | 2.6% | 34.4% | 6.0% | 5.3% | 23.5% |
| Rank | 3/23 | 9/25 | 7/25 | 17/25 | 22/26 |
| Quartile | 1 | 2 | 1 | 3 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 10.3% | 15.6% | 12.2% | |
| Sector | 11.3% | 13.7% | 11.2% | |
| Rank | 11/25 | 7/23 | 2/15 | |
| Quartile | 2 | 2 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MAHINDRA & MAHINDRA LTD | 8.90 |
| TUBE INVESTMENTS OF INDIA LIMITED | 6.20 |
| TRIVENI TURBINE LTD | 5.80 |
| CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED | 4.90 |
| BLUE DART EXPRESS | 4.80 |
| HDFC BANK LIMITED | 4.60 |
| AAVAS FINANCIERS LTD | 4.20 |
| DR. REDDY'S LABORATORIES LIMITED | 3.40 |
| CG POWER & INDL SOLUTIONS LTD | 3.30 |
| TECH MAHINDRA | 3.00 |
| Total | 49.10 |
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 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 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 (20/12/2024) | 512.77p |
| Historic yield | 0.00% |
| Fund size (30/11/2024) | £721.00m |
| Number of holdings | 34 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.93% |
| Launch date | 09/11/2012 |
Asset Allocation
| International Equities | 96.60% | |
| Cash and Equivalents | 3.40% |
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 96.60% | |
| Cash and Equivalents | 3.40% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 25.30% | - | - | - | |
| Industrial Goods & Services | - | 25.30% | - | - | |
| Industrial Engineering | - | - | 14.20% | - | |
| Machinery: Specialty | - | - | - | 8.50% | |
| Machinery: Industrial | - | - | - | 4.90% | |
| Machinery: Agricultural | - | - | - | 0.80% | |
| Industrial Transportation | - | - | 4.80% | - | |
| Delivery Services | - | - | - | 4.80% | |
| Electronic & Electrical Equipment | - | - | 3.80% | - | |
| Electrical Components | - | - | - | 3.80% | |
| Industrial Support Services | - | - | 2.50% | - | |
| Professional Business Support Services | - | - | - | 2.50% | |
| Financials | 15.00% | - | - | - | |
| Financial Services | - | 9.40% | - | - | |
| Finance & Credit Services | - | - | 9.40% | - | |
| Consumer Lending | - | - | - | 4.90% | |
| Mortgage Finance | - | - | - | 4.50% | |
| Investment Banking & Brokerage Services | - | - | 0.00% | - | |
| Diversified Financial Services | - | - | - | 0.00% | |
| Banks | - | 4.60% | - | - | |
| Banks | - | - | 4.60% | - | |
| Banks | - | - | - | 4.60% | |
| Insurance | - | 1.00% | - | - | |
| Non-life Insurance | - | - | 1.00% | - | |
| Property & Casualty Insurance | - | - | - | 1.00% | |
| Consumer Discretionary | 12.70% | - | - | - | |
| Automobiles & Parts | - | 10.60% | - | - | |
| Automobiles & Parts | - | - | 10.60% | - | |
| Automobiles | - | - | - | 8.90% | |
| Auto Parts | - | - | - | 1.70% | |
| Travel & Leisure | - | 2.10% | - | - | |
| Travel & Leisure | - | - | 2.10% | - | |
| Hotels & Motels | - | - | - | 2.10% | |
| Technology | 12.70% | - | - | - | |
| Technology | - | 12.70% | - | - | |
| Software & Computer Services | - | - | 12.70% | - | |
| Computer Services | - | - | - | 7.70% | |
| Consumer Digital Services | - | - | - | 5.00% | |
| Health Care | 10.30% | - | - | - | |
| Health Care | - | 10.30% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.20% | - | |
| Pharmaceuticals | - | - | - | 3.40% | |
| Biotechnology | - | - | - | 2.80% | |
| Medical Equipment & Services | - | - | 4.10% | - | |
| Medical Services | - | - | - | 2.50% | |
| Medical Supplies | - | - | - | 1.60% | |
| Basic Materials | 10.20% | - | - | - | |
| Basic Resources | - | 8.50% | - | - | |
| Industrial Metals & Mining | - | - | 6.20% | - | |
| Metal Fabricating | - | - | - | 6.20% | |
| Industrial Materials | - | - | 2.30% | - | |
| Diversified Materials | - | - | - | 2.30% | |
| Chemicals | - | 1.70% | - | - | |
| Chemicals | - | - | 1.70% | - | |
| Chemicals: Diversified | - | - | - | 1.70% | |
| Consumer Staples | 7.50% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 5.70% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 5.70% | - | |
| Personal Products | - | - | - | 5.70% | |
| Food, Beverage & Tobacco | - | 1.80% | - | - | |
| Beverages | - | - | 1.80% | - | |
| Soft Drinks | - | - | - | 1.80% | |
| Cash and Equivalents | 3.40% | - | - | - | |
| Telecommunications | 2.90% | - | - | - | |
| Telecommunications | - | 2.90% | - | - | |
| Telecommunications Service Providers | - | - | 2.90% | - | |
| Telecommunications Services | - | - | - | 2.90% | |
Regional Allocation
| Emerging Asia | 96.60% | |
| Cash and Equivalents | 3.40% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 100.00% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 96.60% | - | |
India
|
- | 96.60% | |
| Cash and Equivalents | 3.40% | - | |
Breakdown By Market Cap (%)
| Mega |
|
4.60% |
| Large |
|
36.70% |
| Medium |
|
45.20% |
| Small |
|
4.80% |
| Micro |
|
1.60% |
| Non-Classified |
|
3.70% |
| Cash |
|
3.40% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MAHINDRA & MAHINDRA LTD | 8.90% | Automobiles & Parts | India |
| 2 | TUBE INVESTMENTS OF INDIA LIMITED | 6.20% | Industrial Metals & Mining | India |
| 3 | TRIVENI TURBINE LTD | 5.80% | Industrial Engineering | India |
| 4 | CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED | 4.90% | Finance & Credit Services | India |
| 5 | BLUE DART EXPRESS | 4.80% | Industrial Transportation | India |
| 6 | HDFC BANK LIMITED | 4.60% | Banks | India |
| 7 | AAVAS FINANCIERS LTD | 4.20% | Finance & Credit Services | India |
| 8 | DR. REDDY'S LABORATORIES LIMITED | 3.40% | Pharmaceuticals & Biotechnology | India |
| 9 | CG POWER & INDL SOLUTIONS LTD | 3.30% | Electronic & Electrical Equipment | India |
| 10 | TECH MAHINDRA | 3.00% | Software & Computer Services | India |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 12.70% | - | - | - | - | - | - | 12.70% |
| Telecommunications | - | 2.90% | - | - | - | - | - | - | 2.90% |
| Financials | - | 15.00% | - | - | - | - | - | - | 15.00% |
| Consumer Discretionary | - | 12.70% | - | - | - | - | - | - | 12.70% |
| Consumer Staples | - | 7.50% | - | - | - | - | - | - | 7.50% |
| Health Care | - | 10.30% | - | - | - | - | - | - | 10.30% |
| Industrials | - | 25.30% | - | - | - | - | - | - | 25.30% |
| Basic Materials | - | 10.20% | - | - | - | - | - | - | 10.20% |
| Cash and Equivalents | - | - | - | - | - | - | - | 3.40% | 3.40% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 |  |
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 | - |
| - | |
| 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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.