Robeco BP US Select Opportunities Equities D EUR

US mid-cap value approach with focus on 'characteristics that work': Valuation, Fundamentals and Momentum

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
LU0975848937
Bloomberg
RUSOEDE LX

Anlagegattung

Equities

ISIN

LU0975848937

Bloomberg

RUSOEDE LX

Benchmark

Russell Mid Cap Value index (Gross Total 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

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Rating

( 30-06 )

Überblick Wertentwicklung & Gebühren Vermögensaufstellung Nachhaltigkeit Kommentar Unterlagen

Merkmale

Mid-cap value fund
Selects the best investment candidate with a market capitalization of USD 750 million or more.
Investment discipline based on bottom-up fundamental research

Über diesen Fonds

The Robeco BP US Select Opportunities Equities fund is an actively managed, Mid Cap Value fund investing in value stocks in the United States. The fund follows a singular process and philosophy, focused on attractive valuation, fundamentals and business momentum, constructing portfolios from the bottom up through fundamental analysis. The portfolio is primarily comprised of stocks with a market capitalization between $2 billion and $53 billion. The fund’s objective is to outperform the Russell Mid Cap Value index over a full market cycle.

Wichtige Fakten

Per 30-06-2026

Fondsvolumen	EUR 767,117,531
Größe der Anteilsklasse	EUR 21,564,770
Auflegungsdatum der Anteilsklasse	04-10-2013
1 Jahr Wertentwicklung	17.66%
Ertragsverwendung	Thesaurierend

Fondsmanagement

Steven Pollack CFA
Tim Collard

Mr. Pollack is a Portfolio Manager of the Boston Partners Mid Cap Value Equity strategy. He joined Boston Partners in May 2000 from Hughes Investments where he spent 12 years as an equity portfolio manager, managing value equity across the market-cap spectrum. He also oversaw the outside investment managers who managed assets for Hughes' pension plan. Prior to assuming this role, he served as an investment analyst covering a variety of industries and sectors. Before that, he was with Remington, Inc., and Arthur Andersen & Co. Mr. Pollack is a graduate of Georgia Institute of Technology and earned an M.B.A. from The Anderson School of Management at the University of California at Los Angeles. He holds the Chartered Financial Analyst® designation. Mr. Pollack began his career in the investment industry in 1984. Mr. Collard is a Portfolio Manager of the Boston Partners Mid Cap Value strategy. Prior to this, he was an equity analyst with Boston Partners, specializing in the aerospace & defense, transportation, housing, and automobile sectors of the equity market. Mr. Collard joined the firm in April 2018 from Shellback Capital where he was a founding partner and equity analyst. Prior to that, he worked as a research analyst at Vinik Asset Management and Diamondback Capital Management. He began his career as an associate at the investment bank America's Growth Capital. Mr. Collard holds a B.A. in American Studies from Middlebury College. He began his career in the investment industry in 2005.

Pro Zeitraum	Fonds	Index
1 Monat	6.43%	5.16%
3 Monate	10.30%	14.29%
Lfd. Jahr	12.92%	20.79%
1 Jahr	17.66%	30.00%
2 Jahre	8.82%	15.06%
3 Jahre	10.42%	14.70%
5 Jahre	8.57%	10.28%
10 Jahre	9.22%	10.31%
Seit Auflegung 04-10-2013	11.07%	11.96%

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.	3.49	3.56
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.	-0.67	0.05
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.	0.67	0.55
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..	-1.71	0.51
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.	0.97	0.96
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).	14.25	15.41
Max. monatlicher Gewinn (%) The maximum (i.e. highest) absolute positive monthly performance in the underlying period.	10.24	10.78
Max. monatlicher Verlust (%) The maximum (i.e. highest) absolute negative monthly performance in the underlying period.	-7.45	-7.97

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.	1.72%
Inklusive Verwaltungsgebühr A fee paid by the fund to the asset management company for the professional management of the fund.	1.50%
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.	0.39%

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

The S&P 500 recorded a decline in June, the benchmark's first monthly loss since March, largely due to growing doubts regarding the massive expenditures numerous companies have made on artificial intelligence initiatives and their capacity to recoup their investments. Seven S&P 500 sectors registered gains for the month, led by industrials. Value outpaced growth across all market capitalizations, while smaller companies outpaced large companies on balance.

Erläuterungen zur Wertentwicklung

Per 30-06-2026

Based on transaction prices, the fund's return was 6.43%. Robeco BP US Select Opportunities Equities outperformed the Russell Mid Cap Value Index in June with both stock selection and sector allocation adding value. Strong stock selection primarily came in the consumer discretionary and consumer staples parts of the market. In consumer discretionary, US home services company Frontdoor shares traded up 25% as the company issued strong financial performance exceeding analysts' estimates for both revenue and EPS in its latest quarterly report. Other holdings which added value included AutoZone, Valvoline and Williams-Sonoma. Within consumer staples, US Foods led the way by also rising 25% in the month, driven by sustained momentum in the away-from-home dining market and broadening investor interest in cyclical, resilient value stocks. An area of weakness in terms of stock selection came in the information technology sector, primarily from not owning Corning, SanDisk and Western Digital, and from holding NetApp which declined 11%. Contribution from sector allocation came from the fund's overweight in healthcare and underweight exposures to communication services and information technology.

Prognose des Fondsmanagements

Steven Pollack CFA
Tim Collard

Despite the S&P 500 Index reaching record highs in the first half of this year, consensus forecasts call for continued gains in the months ahead. A growing economy, resilient labor market, and stable inflation backdrop provide meaningful support for equities. However, the optimism embedded in these forecasts – and the market's increasing reliance on a handful of large technology companies to drive earnings growth – warrants a degree of caution. While we remain constructive on the long-term outlook, we continue to focus on managing downside risk and identifying attractively valued opportunities that may emerge during the market pullbacks that inevitably occur.