Stone Global ESG Strategy Fund (Formerly Stone Global Strategy Fund)
The underlying funds in the portfolio are managed by Rathbone Unit Trust Management Limited. The fund managers use the screening services of Rathbone Greenbank Investments, one of the world’s leading authorities on ESG investing based in Bristol, UK. Rathbone Greenbank continues to build on over 20 years’ experience managing investments in a way that plays an active part in creating a more sustainable world.
Fund FactsFund Details
Fund Type
Global Equity Balanced
Fund Mandate
ESG Mandate
Manager
Stone Asset Management Limited
Portfolio Manager
Stone Asset Management Limited
Fund Net Assets
$5.7 million
Distribution
For Series A and F: Monthly income and, in December, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash. For Series T8A, T8B and T8C: Target annual rate of 8% of the security’s net asset value on the last day of the previous calendar year. Income or return of capital or both monthly and, in December, net capital gains. Distributions will be automatically reinvested unless you elect to receive them in cash.
Inception Date
September 22, 2006
Minimal Initial Investment
$1000 (Series A and F)
Why Invest
- Investing in a portfolio of global stocks and fixed income securities which meet environmental, social and governance issues ("ESG")
- Seek to invest in companies whose activities or ways of operating are aligned with sustainable development and support the achievement of the UN Sustainable Development Goals.
- The manager believes the focus on ESG will continue to gain momentum as governments and investors alike place greater emphasis on these factors.
Portfolio Managers
David Harrison
Experience: 16 years
Purchase Options
| Series | Current NAVPS | Prior NAVPS | NAVPS Change | Net Asset Value | Last Updated | ||
|---|---|---|---|---|---|---|---|
| A | $ 15.6283 | $ 15.6335 | -0.03% | $ 3,453,571.14 | 13-08-2020 | ||
| F | $ 19.8403 | $ 19.8467 | -0.03% | $ 2,329,135.29 | 13-08-2020 | ||
| * Closed to new purchases. | |||||||
Fund Performance (%)
| Series | 1 Month | 3 Month | 6 Month | Year To Date | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| F | 3.0 | 7.2 | 3.1 | 5.7 | 9.2 | 5.3 | 4.0 | 8.1 | 4.6 |
| Last Update: 7-31-20 | |||||||||
CALENDAR RETURNS
| Series | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| F | 10.7 | (3.1) | 3.8 | 7.7 | 6.7 | 7.7 | 22.3 | 7.6 | 6.5 | 13.9 | 26.5 |
Growth of $10,000 Since Inception
Portfolio Composition (%)
Top 10 Holdings (%)
| HOLDINGS | ||
|---|---|---|
| 1 | HCA Holdings Inc. | 6.5% |
| 2 | UnitedHealth Group Inc. | 6.0% |
| 3 | Pfizer Inc. | 5.9% |
| 4 | Toronto-Dominion Bank | 5.8% |
| 5 | Home Depot Inc. | 5.4% |
| 6 | Diageo PLC | 5.4% |
| 7 | Cascades Inc., 5.500%, 7/15/22 | 5.4% |
| 8 | Royal Bank of Canada | 5.4% |
| 9 | Canadian National Railway Co. | 4.9% |
| 10 | Walt Disney Co. | 4.7% |
| TOTAL | 55.4% | |
Fund Management Expense Ratio
| As of December 31, 2019 | |
|---|---|
| A | 4.01% |
| F | 2.65% |
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