Water is a great solvent. It’s neutral and doesn’t provide any strong positive or negative effects. It just helps components to mix better and to transport active components.
Stearyl Alcohol creates a barrier on the skin's surface lowering the evaporation of water and making it hydrated for a longer time. This barrier helps the skin to recover after deep cleansing. It also makes the skin look smooth. Though it belongs to alcohols, it's a fatty alcohol and it doesn't make your skin dry.
Tocopheryl Acetate is a form of Vitamine E. It’s used as an alternative to Tocopherol because it is more stable in the formulation. It has all the positive effects of Tocopherol plus better stability. It’s a brilliant component. It conditions and nourishes the skin helping it to resist aging. It also helps to protect the skin from the sun. High concentrations of Tocopheryl Acetate can lead to irritation and allergic reactions.