Stewart Investors Global Emerging Markets All Cap Fund(IE000P5M9KF7)
- Equities
- Emerging markets
- SGD Cash, SRS
- Accumulating
The sustainable objective of the Fund is to invest in companies which both contribute to, and benefit from, sustainable development, achieving positive social and environmental outcomes.
Global emerging markets equity fund, established in 2009, showcasing attractive, stable returns with solid downside protection.The portfolio is differentiated from peers, with off-benchmark companies, chosen with high conviction for their quality and potential to deliver long-term returns with minimal downside risk.
Stewart Investors is a quality-focused, bottom-up manager skilled in identifying companies that are positioned to deliver long-term returns.The firm emphasises a philosophy of fostering long-term relationships with high-quality companies committed to acting in their stakeholders' best interest, thereby aiming to generate superior financial returns for investor capital.It boasts a long-standing track record, having launched their first strategy in 1988 and operates as an independent group within First Sentier Investors.
Since its inception in 2009, the Fund has demonstrated attractive historical performance.The Fund has outperformed the MSCI EM Index in a number of years; the outperformance was driven by the team’s stock selection skills and strong downside control.Even in years when the Fund didn't outperform the index, it typically still delivered favourable positive returns. The fund may lag the index and peers in market conditions where returns are driven more by investor sentiment than by sound fundamentals.
Emphasises the belief that company managers inherently understand their businesses better than investors, and therefore the team dedicates much effort to ensure these company leaders possess the integrity, competence, and humility required for shareholder success.Maintains a portfolio of high-conviction companies, offering the flexibility to invest across global emerging markets (EMs), including frontier markets.For investors keen to learn about the Fund's ESG philosophy, a comprehensive investment thesis is available on the fund’s website for each of the fund holdings: https://www.stewartinvestors.com/sg/en/institutional/our-strategies/global-emerging-markets-strategies/global-emerging-markets-sustainability.html#pe
Access to the retail share class with 100% trailer fee rebated back to Endowus investors to achieve a lower cost of access.
Investors seeking an emerging market (EM) equities allocation that offers high stability and downside protection, alongside a strong ESG integration process, may find this fund appealing.Due to the riskier nature of EM, investors should be mindful that the Fund can experience periods of heightened volatility compared to investing in developed markets, although the Fund has historically displayed lower volatility compared to peers within the EM space. Regardless, investors are encouraged to use this fund in tandem with a globally diversified portfolio.Updated as of 2024/05/31
Daily data. Returns as of 10 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 4.4% | -0.4% | -12.1% | 8.8% | 7.3% | -0.2% | -1.9% | 0.7% | - | - | - | - |
| 2025 | -1.2% | -1.0% | -4.5% | -0.8% | 0.8% | 0.2% | 1.4% | -0.6% | -1.0% | 3.3% | 3.5% | -2.9% | 0.7% |
| 2024 | - | - | - | - | - | - | 2.5% | -1.6% | -1.9% | 2.6% | -0.9% | -0.5% | -0.8% |
| Taiwan Semiconductor Manufacturing Co Ltd | 9.34% |
| Tencent Holdings Ltd | 8.16% |
| SK hynix Inc | 7.63% |
| MediaTek Inc | 6.39% |
| Samsung Electronics Co Ltd | 5.60% |
| Credicorp Ltd | 4.74% |
| MercadoLibre Inc | 4.23% |
| Nu Holdings Ltd Ordinary Shares Class A | 4.23% |
| Prosus NV Ordinary Shares - Class N | 4.05% |
| Totvs SA | 4.05% |
| Full Truck Alliance Co Ltd ADR | 3.49% |
| Sea Ltd ADR | 3.35% |
| Trip.com Group Ltd | 2.62% |
| Regional SA de Cv Class A | 2.53% |
| Computer Age Management Services Ltd Ordinary Shares | 2.51% |
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