Stewart Investors Worldwide Leaders Fund
Managed by Stewart Investors PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
0.61%
vs peer avg 0.91%
Risk indicator
5/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
peer avg 4.91%
Fund size
NZ$12.3m
98% growth · 2% income
Aims to achieve its investment objective by investing in a diversified portfolio of equity or equity-related securities of larger capitalisation companies which are listed in, traded, or dealt on any of the regulated markets worldwide. The Fund does not hedge currency risk.
Key facts
Fund start date
2 September 2022
Min. investment
NZ$50,000
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 82 other international equities funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
0.61%
Category median: 0.60%
Mid-pack — cheaper than 49% of peers
Fund size
NZ$12.3m
Category median: NZ$94.4m
10th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$301
Compounded charge over 5 years (excl. returns)
$5 more than peer median
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
| SE Samsung Electronics Co Ltd | 7.17% |
| ST Singapore Telecomm Npv B L 100 | 6.77% |
| WA Watsco Inc | 4.76% |
| $ Cash at Bank (BNZ) | 4.67% |
| BN Biomerieux Npv | 4.54% |
| KT Kla Tencor Corporation Com | 4.14% |
| FC Fortinet Inc Com | 3.95% |
| MM Mahindra & Mahindra Limited | 3.87% |
| MA Markel Corporation | 3.86% |
| AL Alcon Ag | 3.85% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- STEWART INVESTORS WORLDWIDE LEADERS FUND (FND38994) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 1.14 KB
- 20260401 Stewart Investors PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 804.87 KB
- 20260331 Stewart Investors Worldwide Leaders QFU.pdf The quarterly update published by the provider PDF, 458.62 KB
- 20260401 Stewart Investors OMI.pdf Other material information PDF, 796.65 KB
- 20260401 Stewart Investors SIPO.pdf Statement of investment policy and objectives PDF, 1.17 MB
About this category
Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
About Stewart Investors
Sustainable-investing specialist (First Sentier subsidiary) with a Worldwide Leaders PIE fund for NZ investors.
Parent: First Sentier Investors
See all funds from Stewart Investors →Head-to-head
Compare Stewart Investors Worldwide Leaders Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International Equities funds
AI & integrations
Use this fund inside the tools you already use
Every fund on ManagedFundsNZ ships in three formats so AI assistants and data tools can consume it without scraping: a canonical HTML page, a plain Markdown twin, and a structured JSON twin. Citation back to the canonical URL is required; full reuse policy at /llms-policy.txt.
- Canonical (HTML)managedfunds.nz/funds/stewart-investors/worldwide-leaders/This page. Browsable.
- Markdown twinmanagedfunds.nz/funds/stewart-investors/worldwide-leaders/markdown.mdPlain text. AI-crawler-ready.
- Structured (JSON)managedfunds.nz/funds/stewart-investors/worldwide-leaders/data.jsonMachine-parseable.
Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the Stewart Investors Worldwide Leaders Fund?
Stewart Investors Worldwide Leaders Fund is managed by Stewart Investors (parent: First Sentier Investors). Sustainable-investing specialist (First Sentier subsidiary) with a Worldwide Leaders PIE fund for NZ investors.
What asset class is the Stewart Investors Worldwide Leaders Fund?
It is a international equities managed fund. The fund has a growth risk profile. Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
What are the fees for the Stewart Investors Worldwide Leaders Fund?
The annual fund charge for the Stewart Investors Worldwide Leaders Fund is 0.61% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the Stewart Investors Worldwide Leaders Fund?
The risk indicator is 5/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the Stewart Investors Worldwide Leaders Fund a PIE fund?
Yes. The Stewart Investors Worldwide Leaders Fund is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the Stewart Investors Worldwide Leaders Fund?
Fund size (assets under management) is NZ$12 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.
What does the Stewart Investors Worldwide Leaders Fund invest in?
The latest published top holdings are: Samsung Electronics Co Ltd (7.17%), Singapore Telecomm Npv B L 100 (6.77%), Watsco Inc (4.76%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
Does the Stewart Investors Worldwide Leaders Fund apply responsible-investment screens?
Yes. The Stewart Investors Worldwide Leaders Fund applies responsible-investment or ESG screening criteria — exclusions and engagement policies are documented in the fund's Statement of Investment Policy and Objectives (SIPO). Check the SIPO for the specific screening framework used.
How can I invest in the Stewart Investors Worldwide Leaders Fund?
The Stewart Investors Worldwide Leaders Fund is available via InvestNow, Stewart Investors directly. Always read the current Product Disclosure Statement before investing.