Robeco Multi Asset Sustainable D EUR
- Fully sustainable multi-asset solution with a neutral risk profile
- Combination of fundamental, thematic and factor sustainable investments
- Active asset allocation to enhance both risk and return
About this fund
Price development
Performance
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}| Fund | Index | |
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| {{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundPerformances.sinceStart.startDate,'MM-YYYY') ]}} |
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.
Performances are net of fees and based on transaction prices.
| Fund | Reference index | |
|---|---|---|
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.
Performances are net of fees and based on transaction prices.
Performance explanation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}Based on transaction prices, the fund's return was 1.18%. Multi Asset Sustainable delivered a more than decent return in 2020. The fund gained more than 6% in 2020. In December, the fund added more than 1% to the year-to-date performance. The main driver of the overall performance was the allocation to equities. Equity markets continued the ascend that started on the back of the positive vaccine news. Towards the end of the month, the risk profile of the fund was lowered. While the tilt in the fund remains procyclical, we have become a bit more risk averse. We lowered risk in the portfolio through lowering the equity exposure of the fund. The portfolio continues to have substantial exposure to the riskier part of the fixed income market. Government bonds remain our least preferred asset class, as they offer a low yield and we expect some upward pressure on rates. Almost all strategies in the portfolio contributed positively to the overall return. The best-performing strategy in the portfolio was Robeco Sustainable Emerging Stars Equities.
Statistics
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Market development
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}In December 2020, the economy's positive growth momentum became more uneven as a result of the varying government responses to increasing Covid-19 cases since early October. Nonetheless, the leading ISM indicator picked up further in December to 60.7. In the Eurozone, the growth momentum decelerated after the number of lockdowns started to increase again. China also saw slower activity in the services sector, though overall economic activity levels there already exceeded end-of-2019 levels in the fourth quarter. The development of effective vaccines and the start of vaccination were game-changing. The prospect that in a not too distant future we will return to some sort of normality, continues to be the main tailwind for equity markets and other risky assets.In addition to the second wave of Covid-19, last month saw a number of other significant events. Despite a high level of bipartisan sentiment, Congress managed to pass a USD 900 bln stimulus bill and on Christmas Eve, the EU and the UK finally reached a trade deal.
Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
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Fund Classification
| Yes | No | N/A | ||
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| Voting | ||||
| Engagement | ||||
| ESG integration | ||||
| Exclusion |
| Yes | No | N/A | ||
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| Sustainability Themed Fund |
Dividend policy
This share class of the fund does not distribute dividend.
ESG Integration policy
Robeco Multi Asset Sustainable integrates ESG at different stages of the investment process. We use sustainability performance rankings to focus our fundamental analysis on companies that have demonstrated superior sustainability performance compared to their peers. We then analyze the impact of financially material ESG factors to a company’s competitive position and value drivers. We believe that this enhances our ability to understand existing and potential risks and opportunities of a company. If ESG risks and opportunities are significant, the ESG analysis could impact a stock’s fair value and the portfolio allocation decision. Throughout the investment process, we strive for a low environmental impact, as measured by GHG emissions, energy consumption, water use and waste generation, with the aim of realizing 20% better levels than the index. In addition to ESG integration, Robeco conducts proxy voting and engagement activities focused on specific themes, such as climate change, aiming to improve a company’s sustainability profile. Furthermore, the fund will not invest in companies exposed to the following controversial sectors or business practices: military contracting, controversial weapons, fire arms, UN Global Compact breaches, tobacco, palm oil and thermal coal, according to strict revenue thresholds.
Investment policy
Robeco Multi Asset Sustainable is an actively managed global multi-asset fund, fully focused on sustainability. The fund has a moderate risk profile and mainly invests in sustainable equity and bond funds of Robeco and RobecoSAM that meet the highest standards of sustainable investment. The portfolio management team can also use other investment instruments to enhance the risk-return profile of the fund. The fund is managed by an experienced team of specialists in multi-asset investing with a proven track record of more than 20 years. The investment strategy also relies on the sustainability research of RobecoSAM. RobecoSAM is an investment specialist focused exclusively on Sustainability Investing with more than 20 years of experience in sustainability, thematic and impact investing.
Risk policy
Risk management is fully embedded in the investment process to ensure that the fund's positions remain within set limits at all times.
Jeroen Blokland
Mr. Jeroen Blokland is Portfolio Manager with Robeco within the Robeco Global Allocation team. Jeroen is portfolio manager of the Robeco Pension Return Portfolio since the launch in March 2012. Prior to joining the Robeco Global Allocation team, he was employed by IRIS, the independent Institute for Research and Investment Services of Robeco and Rabobank, as an Investment strategist since 2005. He started his career at Interpolis in 2002, where he held a position as asset manager and investment strategist. Jeroen holds a Master's degree in Economics from Erasmus University, Rotterdam.
Details
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}| Management company | |
| Fund capital | |
| Size of share class | |
| Outstanding shares | |
| ISIN | LU1821198576 |
| Bloomberg | ROMASDE LX |
| Valoren | 41769890 |
| WKN | A2PQDX |
| Availability | |
| 1st quotation date | 1528243200000 |
| Close financial year | 31-12 |
| Legal status | |
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Cost of this fund
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Transaction costs |
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Extra fees
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Fiscal product treatment
The fund is established in Luxembourg and is subject to the Luxembourg tax laws and regulations. The fund is not liable to pay any corporation, income, dividend or capital gains tax in Luxembourg. The fund is subject to an annual subscription tax ('tax d'abonnement') in Luxembourg, which amounts to 0.05% of the net asset value of the fund. This tax is included in the net asset value of the fund. The fund can in principle use the Luxembourg treaty network to partially recover any withholding tax on its income.
Fiscal treatment of investor
The fiscal consequences of investing in this fund depend on the investor's personal situation. For private investors in the Netherlands real interest and dividend income or capital gains received on their investments are not relevant for tax purposes. Each year investors pay income tax on the value of their net assets as at 1 January if and inasmuch as such net assets exceed the investor’s tax-free allowance. Any amount invested in the fund forms part of the investor's net assets. Private investors who are resident outside the Netherlands will not be taxed in the Netherlands on their investments in the fund. However, such investors may be taxed in their country of residence on any income from an investment in this fund based on the applicable national fiscal laws. Other fiscal rules apply to legal entities or professional investors. We advise investors to consult their financial or tax adviser about the tax consequences of an investment in this fund in their specific circumstances before deciding to invest in the fund.
