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FIRST STATE GLOBAL EMERGING MARKETS SUSTAINABILITY A - Fund overview

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Overview of FIRST STATE GLOBAL EMERGING MARKETS SUSTAINABILITY A

David Gait aims to invest in high quality companies with shareholder friendly management. The sustainability mandate leads to a policy of positive engagement with companies on environmental, social and governance issues. The fund will not invest in arms or tobacco, although the manager does have a pragmatic view of what is investable. This fund is very similar to First State Asia Pacific Sustainability if Australia, HK and Singapore are excluded from the investment mandate.

Standard Initial Charge

4.00% 4.00%

Fund summary

Sector	Global Emerging Markets
Product type	OEIC
Launched	April, 2009
Size	£176m
Yield	0.5%
Charging basis	–
Dividends paid	–
Bid price	173.42p

Fund Charges

Standard Initial charge	4.00%
Initial charge via Bestinvest	4.00%
Additional bid/offer spread	0.00%
Annual management charge	1.55%
Total expense ratio	1.87%
Reduction in yield (10yr)	2.27%

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No information available.

Portfolio

first state global emerging markets sustainability a asset allocation illustration

Allocation		Proportion

	Equity	100%
	High yield bonds	–
	Quality bonds	–
	Property	–
	Commodities	–
	Hedge	–
	Fund cash	–

first state global emerging markets sustainability a equity geographic illustration

Allocation		Proportion

	UK	–
	Europe	–
	Nth America	–
	Japan	–
	Pacific	58%
	Other Equity	42%

first state global emerging markets sustainability a equity capitalisation illustration

Allocation		Proportion

	Large Caps	80%
	Mid Caps	15%
	Small Caps	5%

View all performance data for FIRST STATE GLOBAL EMERGING MARKETS SUSTAINABILITY A

Investment process

The fund's universe in Global Emerging Market equities. The investment process will take account of sustainability themes and issues and requires positive engagement with companies in respect of these. A fundamental bottom up approach is used to selecting stocks, targeting companies that offer sustainable and predictable growth with an emphasis on company cash flow and balance sheet strength. The investment outlook is generally medium to long term and avoids 'momentum' type stocks. The sustainability target is achieved through positive internal screening, external screening (conforming to UN norms) by Ethix of Sweden, with a formal engagement and exit strategy. The fund's mandate means that it will be restricted from investment in some companies, which could impact performance when these are driving the market.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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