Robeco QI Multi Factor Absolute Return I EUR
Systematic and highly diversified strategy to harvest a broad set of factor premiums
Share classes
Share classes
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.
I-EUR
IH-USD
Class and codes
Asset class:
Asset Allocation
ISIN:
LU1840771593
Bloomberg:
ROBMIHE LX
Reference index
ICE BofA ESTR Overnight Rate Index
Sustainability-related information
Sustainability-related information
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.
Article 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 (28/02)
- Overview
- Performance & costs
- Portfolio
- Sustainability
- Commentary
- Documents
MISSING: fund.detail.tabs.
Key points
- Absolute return strategy with low correlational to traditional asset classes
- Efficiently harvesting six factor premiums: value, momentum, low risk, quality, carry and flow
- Transparent, proven investment process
About this fund
Robeco QI Multi Factor Absolute Return is an actively managed fund that invests in a mix of asset classes across the world. The fund's objective is to achieve long term capital growth. The fund applies an absolute return strategy and harvests a highly diversifying set of factor premiums across a wide set of asset classes, aiming for attractive returns across market scenario’s and low long-run correlation to the traditional asset classes.
Key facts
Total size of fund
€ 4,063,093
Size of share class
€ 3,962,887
Inception date fund
07-08-2018
1-year performance
6.25%
Dividend paying
No
Fund manager
Guido Baltussen
Pim van Vliet
Johan Duyvesteyn
Lodewijk van der Linden
Guido is Head of Robeco’s Factor Investing strategies and Co-head of the Quant Fixed Income team. He also holds a position as Professor of Behavioral Finance and Financial Markets at Erasmus University Rotterdam. Guido has published in top-ranked academic journals including the Journal of Financial Economics, the American Economic Review and Management Science. He started his career in the investment industry in 2004. Before joining Robeco in 2017, Guido was Head of Quantitative Research Fixed Income and Multi Asset at NN Investment Partners. He has worked together in research projects with the 2017 Nobel Prize laureate Richard Thaler. Guido holds a PhD and a Master's (cum laude) in Financial and Business Economics from Erasmus University Rotterdam. Pim van Vliet is Head of Conservative Equities and Chief Quant Strategist. As Head of Conservative Equities, he is responsible for a wide range of global, regional, and sustainable low-volatility strategies. He specializes in low-volatility investing, asset pricing, and quantitative finance. He is the author of numerous academic research papers including publications in the Journal of Banking and Finance, Management Science, and the Journal of Portfolio Management. Pim is a guest lecturer at several universities, author of an investment book and speaker at international seminars. He became Portfolio Manager in 2010. Pim joined Robeco in 2005 as a Researcher with responsibility for asset allocation research. Pim holds a PhD and a Master's cum laude in Financial and Business Economics from Erasmus University Rotterdam. Johan Duyvesteyn is Portfolio Manager Quant Fixed Income. His areas of expertise include government bond market timing, credit beta market timing, country sustainability and emerging-market debt. He has published in the Financial Analysts Journal, the Journal of Empirical Finance, the Journal of Banking and Finance, and the Journal of Fixed Income. Johan started his career in the industry in 1999 at Robeco. He holds a PhD in Finance, a Master's in Financial Econometrics from Erasmus University Rotterdam and he is a CFA® charterholder. Lodewijk van der Linden is Portfolio Manager Quant Fixed Income. He joined Robeco in August 2018. In the period 2015-2018 Lodewijk worked at Aegon Asset Management where he was Risk associate and Team Manager Client Reporting. Lodewijk started his career at PwC as an actuarial consultant in 2013. He holds a Master's in Actuarial Science from the University of Amsterdam and a Master's in Econometrics and Management Science from Erasmus University Rotterdam.
Performance
Per period
Per annum
- Per period
- Per annum
1 month
0.84%
0.17%
3 months
-1.58%
0.47%
YTD
0.52%
0.34%
1 year
6.25%
0.41%
2 years
0.79%
-0.08%
3 years
-3.66%
-0.22%
Since inception 08/2018
-3.66%
-0.28%
2022
7.55%
-0.03%
2021
-6.12%
-0.57%
2020
-19.88%
-0.49%
2019
3.65%
-0.40%
2020-2022
-6.82%
-0.36%
Costs
Ongoing charges
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.
0.83%
Included management fee
A fee paid by the fund to the asset management company for the professional management of the fund.
0.70%
Included service fee
This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.
0.12%
Transaction costs
The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.
1.13%
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 0.01% 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
Investors who are not subject to (exempt from) Dutch corporate-income tax (e.g. pension funds) are not taxed on the achieved result. Investors who are subject to Dutch corporate-income tax can be taxed for the result achieved on their investment in the fund. Dutch bodies that are subject to corporate-income tax are obligated to declare interest and dividend income, as well as capital gains in their tax return. Investors residing outside the Netherlands are subject to their respective national tax regime applying to foreign investment funds. We advise individual 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.
Policies
Except for the active currency positions, currency risks are hedged to the base currency of the fund (EUR).
All income earned will be accumulated and not be distributed as dividend. Therefore the entire return is reflected in the share price development.
Robeco QI Multi Factor Absolute Return is an actively managed fund that invests in a mix of asset classes across the world. The fund's objective is to achieve long term capital growth. The fund promotes E&S (i.e. Environmental and Social) characteristics within the meaning of Article 8 of the European Sustainable Finance Disclosure Regulation, integrates sustainability risks in the investment process and applies Robeco’s Good Governance policy. The fund applies sustainability indicators, including but not limited to, normative, activity-based and region-based exclusions, and engagement. The fund also aims for an improved environmental footprint compared to the Benchmark.The fund applies an absolute return strategy and harvests a highly diversifying set of factor premiums across a wide set of asset classes, aiming for attractive returns across market scenario’s and low long-run correlation to the traditional asset classes. The investment policy is not constrained by a benchmark but the fund may use a benchmark for comparison purposes.
Risk management is fully embedded in the investment process to ensure that the fund's positions remain within set limits at all times.
Sustainability-related disclosures
Full sustainability-related disclosures
Download full reportSummary sustainability-related disclosures
Download summarySustainability profile
Sustainability
The fund systematically incorporates sustainability in the investment process via exclusions, ESG integration, ESG and environmental footprint targets, as well as engagement. The fund does not invest in companies that are in breach of international norms or where its activities have been deemed detrimental to society following Robeco's exclusion policy. Financially material ESG factors are integrated in the portfolio construction to ensure the ESG score per asset class is better than that of the reference index. In addition, the environmental footprint of the asset class is made lower than that of the benchmark by restricting the GHG emissions, water use and waste generation. In addition, where a company is flagged for breaching international standards in the ongoing monitoring, the issuer will become subject to engagement.