Annual fees

As of 1 October 2004, Robeco is raising its management fees. The increase is the result of Robeco’s price policy aiming at charging overall fee levels, the so called total expense ratio, that are at or slightly below the European market average level. With this price policy and its excellent service and advice Robeco remains a competitive and attractive fund provider. 

The management fees of the flagship funds Robeco and Rolinco will rise from 0.84% a year to 1% a year. Robeco is also introducing a service fee of between 0.06% and 0.12% a year. This is to cover formal costs such as those relating to annual reports, shareholder meetings, accountants, price publication, etc. The decision to charge for these costs separately is due to Robeco’s desire to further improve the transparency of its cost structure. Robeco is one of the few fund promoters in Europe to make these service fees visible for the end consumer.

Robeco has chosen a policy of following the European market average, as it is facing increasing distribution competition from international providers since the level of fees charged in the Netherlands is still low compared to the rest of Europe. Robeco is convinced to have found a proper balance between the interests of end clients, distribution partners and fee levels to be absorbed by investment returns. 

The table below lists the intended adjustments:

The intended fee adjustments have already been approved by the Luxembourg and Dutch regulators (CSSF & AFM), apart from Money Plus, Lux-O-Rente and Chinese Equities, for which regulatory approval is expected to be granted soon.