Stewart Investors sustainability fund reduces fee by 60%
Stewart Investors has launched a wholesale version of its Worldwide Leaders Sustainability fund which has a reduced fee compared to the existing fund.
The fund’s management fee would reduce from 1.15% to 0.45% and the fund’s lead portfolio manager, Sashi Reddy, said the reduction aligned the fund with clients by sharing 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,” he said.
“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.”
The fee of the existing fund remained unchanged.
Recommended for you
LGT Wealth Management is maintaining a neutral stance on US equities going into 2026 as it is worried whether the hype around AI euphoria will continue.
Tyndall Asset Management is to close down the Tyndall brand and launch a newly-branded affiliate following a “material change” to its client base.
First Sentier has launched its second active ETF, offering advisers an ETF version of its Ex-20 Australian Share strategy.
BlackRock has revealed that its iShares bitcoin ETF suite has now become the firm’s most profitable product line following the launch of its Australian bitcoin ETF last month.
