Robeco Sustainable Property Equities D EUR

Applying a trend and sustainability approach to the global listed property sector

Anteilklasse Anteilklasse Every share class of a product invests in the same portfolio of securities and has the same investment objectives and policies. However, their parameters might deviate. For instance and amongst others, their distribution type, currency exposure or fees and expenses might differ. The most common share classes at Robeco are: a) D/DH shares, which are regular shares and available for all Investors; b) I/IH shares, for institutional investors as defined from time to time by the Luxembourg supervisory authority. For more information on share classes please go to the prospectus.

Gattung und Codes

Anlagegattung
Equities
ISIN
LU0187079180
Bloomberg
RGCGPED LX

Anlagegattung

Equities

ISIN

LU0187079180

Bloomberg

RGCGPED LX

Benchmark

S&P Developed Property Index (Net Return, EUR)

Angaben zur Nachhaltigkeit
Angaben zur Nachhaltigkeit
Under the EU Sustainable Finance Disclosure Regulation, products can be labelled as either Article 6, 8 or 9 fund.
Article 6 - The fund is not in scope of enhanced sustainability disclosures compared to Article 8 and 9.
Article 8 - The fund does not have a sustainable investment objective but promotes environmental or social characteristics and is subject to enhanced sustainability disclosures.
Article 9 - The fund has a sustainable investment objective and is subject to enhanced sustainability disclosures.
Regardless of Article 8 or 9, the companies in which investments are made must follow good governance practices, and sustainable investments must not do any significant harm.

Artikel 8

Morningstar Morningstar 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. Past performance is no guarantee of future results. Download The Morningstar Rating for Funds (chapter: The Morningstar Rating: Three-, Five-, and 10-Year) on the Morningstar website.

Rating

( 30-06 )

Überblick Wertentwicklung & Gebühren Vermögensaufstellung Nachhaltigkeit Kommentar Unterlagen

Merkmale

Combines top-down trend allocation with bottom-up research
Selects companies with the best earnings potential
Risk limitation through global diversification

Über diesen Fonds

Robeco Sustainable Property Equities is an actively managed fund that invests in stocks in developed countries across the world. The selection of these stocks is based on fundamental analysis. The strategy integrates sustainability indicators on a continuous basis as part of the stock selection process. Amongst others, the Sub-fund applies norms-based and activity-based exclusions, Robeco's good governance policy, Robeco's SDG framework and considers Principal Adverse Impacts in the investment process. More product-specific information can be found on our website and the links provided in the final question of this disclosure.

Wichtige Fakten

Per 30-06-2026

Fondsvolumen	EUR 420,783,528
Größe der Anteilsklasse	EUR 7,447,446
Auflegungsdatum der Anteilsklasse	03-06-1998
1 Jahr Wertentwicklung	13.22%
Ertragsverwendung	Thesaurierend

Fondsmanagement

Folmer Pietersma
Frank Onstwedder

Folmer Pietersma is Portfolio Manager of the Robeco Sustainable Property Equities fund. Prior to joining Robeco in 2007, Folmer worked at ABN AMRO Asset Management as a Portfolio Manager and Analyst Financials. He started his career at ING in 1997. He holds a Master's in Economics from the University of Tilburg and has a CEFA registration. Frank Onstwedder is Portfolio Manager of the Robeco Sustainable Property Equities fund. He rejoined Robeco in 2018. Prior to that, Frank worked at NN IP in the period 2009-2018 as Head of Financials and Analyst Real Estate in the global equity research team, and as a portfolio manager at Lehman Brothers/Neuberger Berman in the period 2007-2009. In the periods 1994-1998 and 2000-2007 he worked at Robeco in various roles, including Portfolio Manager Robeco Property Fund, between those periods he worked at Aegon Investment Management. He holds a Master's in Econometrics from Erasmus University Rotterdam.

Pro Zeitraum	Fonds	Index
1 Monat	2.70%	2.64%
3 Monate	7.11%	8.69%
Lfd. Jahr	10.35%	11.88%
1 Jahr	13.22%	16.08%
2 Jahre	5.65%	9.00%
3 Jahre	4.68%	8.47%
5 Jahre	0.35%	2.78%
10 Jahre	2.55%	3.42%
Seit Auflegung 01-06-1998	5.84%	6.60%

Statistiken	3 Jahre	5 Jahre
Ex-post Tracking-Error (%) The ex-post tracking error is defined as the volatility of the fund's achieved excess return over the index return. In fund management, most managers are subject to an ex-ante (pre-determined) tracking error, which defines the extent of the additional risk they may take when aspiring to outperform the fund's benchmark. The ex-post tracking error explains the distribution of past fund performances compared to those of its underlying benchmark. With a higher tracking error, the fund's returns deviate more from its index's returns, hence there is a greater chance that the fund may outperform. The wider the spread of returns relative to the benchmark, the more "actively" a fund has been managed. In contrast, a low tracking error indicates more "passive" management.	1.43	1.72
Information-Ratio This ratio serves to evaluate the quality of the excess return a fund manager has achieved because it takes the active risk involved into account. The information ratio is defined as the excess return over the benchmark return divided by the fund's tracking error. The higher the information ratio, the better. For example, a fund with a tracking error of 4% and an excess return of 2% over benchmark has an information ratio of 0.5, which is quite good.	-1.41	-0.48
Sharpe-Ratio This ratio measures the risk-adjusted performance and allows the performance quality of different investments to be compared. It is calculated by subtracting the risk-free rate from the fund's returns and dividing the result by the fund's standard deviation (risk). So the Sharpe ratio tells us whether a fund's returns are the result of smart investment decisions or stem from taking extra risk. The higher the ratio, the better, meaning that a greater return is achieved per unit of risk. This ratio is named after its inventor, Nobel Laureate, William Sharpe.	0.27	-0.00
Alpha (%) Alpha measures the difference between a portfolio's actual return and its expected performance, given the level of risk, compared to the benchmark. A positive alpha figure indicates that the fund has performed better than expected, given the level of risk. Beta is used to calculate the level of risk compared to the benchmark..	-1.82	-0.80
Beta Beta is a measure of a portfolio's volatility, or systematic risk, in comparison to the benchmark. A beta of 1 indicates that the portfolio will move with the benchmark. A beta of less than 1 means that the portfolio will be less volatile than the benchmark. A beta of more than 1 indicates that the portfolio will be more volatile than the benchmark. For example, if a portfolio's beta is 1.2 it is theoretically 20% more volatile than the benchmark.	0.99	0.99
Standardabweichung Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread out the data is, the higher the deviation. In finance, standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility (risk).	13.60	15.26
Max. monatlicher Gewinn (%) The maximum (i.e. highest) absolute positive monthly performance in the underlying period.	8.27	10.78
Max. monatlicher Verlust (%) The maximum (i.e. highest) absolute negative monthly performance in the underlying period.	-6.43	-9.47

Kosten dieses Fonds	Prozentsatz
Laufende Gebühren Indication of annual charges that are deducted for this fund. This indication is based on the costs over the last calendar year and may vary from year to year. Transaction costs incurred by the fund, any performance fees and other one-off costs are not included in the ongoing charges.	1.61%
Inklusive Verwaltungsgebühr A fee paid by the fund to the asset management company for the professional management of the fund.	1.40%
Inklusive Servicegebühr This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.16%
Transaktionskosten The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.08%

Steuerliche Behandlung des Produkts

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.

Steuerliche Behandlung des Anlegers

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.

Marktentwicklungen

Per 30-06-2026

Listed real estate outperformed broader equities in June, despite a more hawkish interest rate backdrop. The sector benefited from accelerating M&A activity and renewed strategic interest, highlighted by Prologis' GBP 12.6 billion approach for SEGRO, which underscored listed property's attractive valuations. Inflation stayed elevated and major central banks – the Fed, ECB and Bank of Japan – all signaled or delivered tighter policy, yet the US 10-year yield held steady around 4.45%. Even so, investors increasingly focused on improving property fundamentals, attractive valuations and scarce new supply rather than rates alone. Discussions at NAREIT REITWeek reinforced a constructive outlook across most major US property sectors, with healthy occupancies, mid-single-digit earnings growth and declining construction activity. Residential remains particularly attractive as high mortgage rates suppress housing activity while lower housing starts support future rental growth. Enthusiasm for AI-related infrastructure became more selective, with data center REITs lagging as markets reassessed returns on rising hyperscaler capital expenditure.

Erläuterungen zur Wertentwicklung

Per 30-06-2026

Based on transaction prices, the fund's return was 2.70%. Global listed real estate delivered a strong performance in June, outperforming general equities as investors rotated toward more defensive and income-generating assets. The positive relative performance was driven by Lifestyle holdings, particularly US residential and healthcare exposures, while the overweight position in SEGRO benefited from Prologis' takeover approach. The largest contributors were SEGRO, Essex Property Trust, AvalonBay, Healthpeak and Welltower, the latter two supported by strong US senior-housing fundamentals, with office names BXP and Kilroy adding to gains on improved leasing. Detractors were concentrated in long-duration and Hong Kong exposure. American Tower fell on renewed satellite-competition and EchoStar concerns, while SUNeVision weakened on slower-than-expected data center leasing. Hong Kong developers Sun Hung Kai, Hysan and Swire Properties also lagged amid weaker Chinese data, regulatory pressure and higher local rates.

Prognose des Fondsmanagements

Folmer Pietersma
Frank Onstwedder

The first half of 2026 demonstrated both the impact of geopolitical risks and the resilience of financial markets. Although inflation concerns, elevated government bond yields and potential further rate hikes remain near-term risks, the long-term outlook for listed real estate remains attractive. Property market fundamentals continue to be supported by healthy labor markets, constrained new supply and an environment in which landlords retain pricing power. Financing conditions have also remained supportive, with tighter credit spreads, stable access to capital and improving transaction activity. Historically, listed real estate has often lagged during periods of rising bond yields but recovered once interest rates stabilized. While challenges remain in selected segments such as lower-quality office properties, much of the anticipated correction appears already reflected in valuations. Attractive income streams, inflation-hedging characteristics and improving private-market activity continue to support the investment case for listed real estate, while disciplined stock selection remains essential.

Robeco Sustainable Property Equities D EUR

Applying a trend and sustainability approach to the global listed property sector

Merkmale

Über diesen Fonds

Wichtige Fakten

Fondsmanagement

Wertentwicklung

Kursentwicklung

Statistiken

Gebühren

Steuerliche Behandlung des Produkts

Steuerliche Behandlung des Anlegers

Fondsallokation

Richtlinien

Marktentwicklungen

Erläuterungen zur Wertentwicklung

Prognose des Fondsmanagements

Fondsdokumente

Jahres- und Halbjahresberichte

Bekanntmachungen

Let's keep the conversation going