Robeco N.V. 1929 – 2009

In 2009 the fund celebrated its 80th anniversary. Robeco N.V. has had a glorious history. It survived the depression of the thirties and the Second World War that followed and then prospered during the period of economic growth in the fifties and sixties. It moved sideways during the seventies but then successfully rode the big bull market of the eighties and nineties, ending the century at its highest level ever. Up until now the 21st century has not been very kind to equity investors in developed markets, but at least the relative performance of the fund has been sound over the past years. The fund has been through good and bad times and on average the performance has been a solid 8.2% return per year. An investment of EUR 100 (if the euro had existed then) made in March 1933 would have grown to more than EUR 43,000 by the end of 2009.