Robeco Smart Energy (the "Fund") invests primarily in companies all over the world that advance clean energy production sources, infrastructure and products.
Investments in emerging and less developed markets may involve additional risks such as legal uncertainty, social, political and economic instability, currency control, accounting and taxation issues etc.
The Fund is subject to equity investment risk, market risk, environmental, social and governance (ESG) risk, concentration risk, Chinese A share risk, risk relating to ChiNext market and/or the STAR Board, currency risk, risk of investing in financial derivative instruments and liquidity risk.
The Fund may engage in securities lending transactions which may involve the risk that the recipient may fail to return the lent securities on the agreed date or furnish the requested additional collateral if required. This could result in losses and negatively impact the Fund’s net asset value.
Investors should not invest in the Fund solely based on the information provided in this document and should read the offering documents for details (including the risk factors).
The new electrification supercycle is being driven by three powerful forces:
I. Surging electricity demand from AI data centers and the broader electrification of transport, industry and buildings;
II. supportive government policies aimed at decarbonization, energy security and greater national energy independence; and
III. the increasing cost competitiveness of clean energy technologies.
Investing across the full electrification value chain, Robeco Smart Energy selects ideas from a thematic universe of more than 240 companies.
Source: Robeco. Robeco Smart Energy as of end September 2026. For illustrative purposes only. This is the current overview as of the date stated and not a guarantee of future developments. It should not be assumed that any investments in clusters identified were or will be profitable.
From raw materials and semiconductor technologies to power electronics, energy infrastructure and system optimization - value is created at every stage of the solar ecosystem. Through active stock selection, the fund aims to identify attractive opportunities wherever innovation, technological leadership and long-term value creation occur.
For illustrative purposes.
As of September 2026, Robeco Smart Energy had more than USD 5.6 billion in assets under management and is one of the largest actively managed clean-energy thematic funds**. Through active portfolio management and high-conviction stock selection, the fund has delivered strong performance since inception, outperforming the broader global equity market*** and ranking in the top quartile of its Morningstar peer group over the 1-, 3-, and 5-year periods****.
* Source: IRENA “World Energy Transition Outlook: 1.5 Pathway”, June 2021.
** Source: Morningstar, based on Morningstar category: EAA Fund Sector Equity Alternative Energy, as of end September 2026.
*** Source: Robeco, as of end September 2026. Robeco Smart Energy D USD has delivered an annualized return of 9.18% since inception (October 2020), compared with 8.57% for its benchmark over the same period. Robeco Smart Energy D USD performance information as of end September 2026: 28.17% (YTD), 40.05% (2025), 3.05% (2024), 12.84% (2023), -21.54% (2022), 17.95% (2021). Fund performance is calculated on NAV-to-NAV price basis in USD with dividends re-invested, net of fees. Benchmark: MSCI World Index up to 15 July 2026; MSCI All Country World Index from 16 July 2026.
**** Source: Morningstar. Peer group quartile rankings measure the fund’s total return performance during the respective period against other funds under EAA Fund Sector Equity Alternative Energy, as of end September 2026.
© Morningstar. All Rights Reserved. Morningstar RatingTM as of end September 2026 based on Robeco Smart Energy D USD.
Morningstar rating and peer group comparison: Copyright © Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Download The Morningstar Rating for Funds (chapter: The Morningstar Rating: Three-, Five-, and 10-Year) on the Morningstar website.
Source MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
Important information
Investment involves risks. Past performance is not indicative of future performance. The value of investments may fluctuate. This website is for information only and does not constitute any investment advice or an offer or solicitation to buy or sell in any securities or to adopt any investment strategy. Investors should not base their investment decisions solely on the information provided in this website and are advised to seek independent advice (including advice on tax implications) before making any investment decisions. Investors should ensure they fully understand the risks associated with the Fund and should also consider their own investment objectives and risk tolerance level. Please refer to the relevant offering documents, including the Prospectus, Hong Kong Offering Document and the Key Facts Statement for the Fund, for further details including the risk factors. The investment returns are denominated in stated currency, which may be a foreign currency other than USD and HKD (“other foreign currency”). US/HK dollar-based investors are therefore exposed to fluctuations in the US/HK dollar / other foreign currency exchange rate. No assurance can be given that the investment objective of any investment products will be achieved. All data, estimates, opinions and other information provided are as of the date shown above and may change as market conditions evolve, and are subject to change without notice. Robeco accepts no liability for any direct, indirect, or consequential loss arising from the use of this material or any comments, opinions, or estimates contained herein. Materials on this website may not be reproduced, distributed, or published without prior written permission from Robeco.
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