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Stewart Investors Indian Subcontinent All Cap Class B - Accumulation (GBP)

Sell:511.02p Buy:511.02p Change: 0.08p (0.02%)
Prices as at 24 December 2024
Sell:511.02p
Buy:511.02p
Change: 0.08p (0.02%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
Prices as at 24 December 2024
Sell:511.02p
Buy:511.02p
Change: 0.08p (0.02%)
Prices as at 24 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.

This fund focuses specifically on the Indian Subcontinent, with the aim to provide long-term investment growth.

Sashi Reddy and David Gait manage the fund. They are both highly experienced fund managers in Indian and Asian equities. We like their focus on stewardship, sustainability and high-quality companies.

We think the fund could sit well alongside those that invest across the globe or more broadly across Asia. India has excellent long-term growth potential, but a fund focused on a single emerging country is a high-risk option so it should only be considered as a small portion of an investment portfolio.

Our view on the sector

Our view on the sector for this fund is not available.

Performance Analysis

The managers' longer-term record on this fund is impressive, and it's significantly outperformed the broader Indian stock market over time. Our analysis shows Reddy and Gait have added value through good stock-picking, regardless of the size of the company or what sector it's in. As always, past performance isn't a guide to future returns.

Investment Philosophy

Stewart Investors and its fund managers have based their approach on the same investment philosophy that dates back to 1988. The philosophy is founded on stewardship, and the team invests investors' capital as though it's their own. They aim to grow investors' wealth over the long term, while limiting losses when markets fall.

Process and Portfolio Construction

Reddy and Gait invest in quality companies they believe can deliver sustainable and predictable growth over the long term. They like cash-generative businesses, which are in good financial health and could withstand periods of economic volatility. The managers also put emphasis on businesses' people and culture, and only invest in companies they believe are run by management teams with integrity. They also invest in some smaller companies, which are higher risk than their larger counterparts.

Although they can invest across the subcontinent, the managers mainly concentrate on India. They focus on sectors that are typically more defensive, which means they're expected to hold up a bit better when markets are weaker. This includes the consumer staples and healthcare sectors, which sell products and services that people often continue to buy, regardless of what's going on in the wider economy.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/12/19 to 24/12/20 24/12/20 to 24/12/21 24/12/21 to 24/12/22 24/12/22 to 24/12/23 24/12/23 to 24/12/24
Annual return 15.50% 32.25% 1.56% 14.68% 13.68%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: David Gait
Manager start date: 1 July 2008
Manager located in: Sydney

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.

manager photo
Manager Name: Sashi Reddy
Manager start date: 1 July 2008
Manager located in: Singapore

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.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now