Stewart Investors’ Worldwide Leaders Sustainability Fund reduces fees by 60 per cent


Stewart Investors Sustainable Funds Group has reduced the management fee of its Worldwide Leaders Sustainability Fund for Australian investors by over 60 per cent, from 1.15 per cent to 0.45 per cent.

The fee reduction comes as the fund has provided positive returns year on year since Stewart Investors took over the fund’s management on 4 December 2013.

Lead portfolio manager, Sashi Reddy, says that the fee reduction is to align the fund with clients by sharing in the proceeds of its growth.

“We want our clients to grow their wealth over the long term and reducing fees is a key way to achieve this.

“Our goal is to offer a low-cost, active investment strategy run with a world-leading approach to sustainable development that has evolved over decades. We launched our first sustainability fund in 2005.

“We are excited by the quality of companies in our worldwide leaders’ universe,” says Mr Reddy.

The Stewart Investors Worldwide Leaders Sustainability Fund aims to generate long-term, risk-adjusted returns for its clients by investing in high-quality companies that are well positioned to benefit from, and contribute to, sustainable development.

The fund holds between 40 and 60 investments at any one time and has an active share of 94 per cent. It normally invests in mid to large cap companies and its comparator benchmark is the MSCI All Country World Index.

The Stewart Investors Worldwide Leaders fund is certified by the Responsible Investment Association Australasia (RIAA). Stewart Investors was recently named a ‘Responsible Investment Leader’ by the RIAA in its annual benchmark report, the RIAA’s highest designation.

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