On June 18, 2025, Stewart Buyers, an lively, long-only world fairness specialist with $16.5 billion in belongings beneath administration, launched the Stewart Buyers Worldwide Leaders fund (SWWLX) with an preliminary funding from a U.S. basis. SWWLX is the agency’s first fund obtainable to common US traders.
Stewart is Edinburgh-based and describes themselves this fashion: “We’re a small staff of passionate traders managing, on behalf of our purchasers, funding portfolios with a spotlight on high-quality corporations which can be nicely positioned to contribute to, and profit from, sustainable improvement.”
According to that, the Stewart Buyers Worldwide Leaders Fund invests in high quality corporations which can be well-positioned to contribute to, and profit from, sustainable improvement. SWWLX is actively managed, benchmark agnostic, and concentrated, and can usually maintain 30 to 60 corporations with free float market capitalizations of at the least $5 billion. The fund invests in fairness securities in each developed and rising markets.
Managers Sashi Reddy joined the agency’s funding staff in 2007, whereas David Gait joined in 1997. Mr. Reddy, whose non-US fund has a beta of 0.79, makes a well-known and smart argument: “High quality companies shine when the top-down macro setting turns into more difficult, as is the case as we speak. Firms with robust cultures and sound franchises handle uncertainty, volatility, and complexity higher than most, and we proceed to search out these companies, purchase them at cheap costs, and stay affected person traders.”
The U.S. fund is much like the Worldwide Leaders technique obtainable to non-U.S. traders since November 2013. Morningstar UK’s staff ranks that technique as one of many 5 finest choices for navigating chaotic occasions:
Stewart Buyers Worldwide Leaders Sustainability has a novel course of, with robust credentials in sustainable investing, and a give attention to high-quality, lower-risk shares, making it a reliable possibility in down markets.
The technique targets corporations that may contribute to sustainable human improvement, with the bottom ecological affect. Though the staff locations a lot emphasis on sustainability and stewardship, this isn’t a pure environmental, social, and governance fund. The staff seems to be for sturdy franchises with high-quality administration that’s nicely aligned with shareholders. The method is genuinely long-term and affected person, leading to comparatively low turnover. It results in a portfolio that appears very totally different to the benchmark. The technique has a progress bias with overweightings within the know-how and healthcare sectors. (Mathieu Caquineau, “5 International Fairness Funds to Survive Market Volatility,” 10/23/2024)
It’s, by their score, a four-star fund.
Excellent news: it’s low-cost for a concentrated lively fund, with bills capped at 0.60%. Dangerous information: they’re launching an institutional share class ($1 million minimal initially) with “extra share lessons for retail traders within the brief time period.”
