Robeco Sustainable Water M2 EUR

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Aandelenklassen Aandelenklassen 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.

Klasse en codes

Fondscategorie
Equities
ISIN
LU2146192617
Bloomberg
ROSWM2E LX

Fondscategorie

Equities

ISIN

LU2146192617

Bloomberg

ROSWM2E LX

Index

MSCI All Country World Index (Net Return, EUR)

Informatieverschaffing over duurzaamheid
Informatieverschaffing over duurzaamheid
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 9

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Rating

( 30-06 )

Overzicht Rendement & kosten Portefeuille Duurzaamheid Commentaar Documenten

Kernpunten

Investing in structural winners along the water value chain, including water efficiency solutions, wastewater treatment, and water infrastructure
Increasing pressure on water resources creates an urgent need for solutions that help to mitigate water scarcity and contribute to clean, safe and sustainable water supply
Strong tailwinds from government and corporate commitments to combat water scarcity, stricter environmental standards and increased focus and awareness on sustainable development

Over dit fonds

Robeco Sustainable Water is an actively managed fund that invests globally in companies that contribute to clean, safe and sustainable water supply. The selection of these stocks is based on fundamental analysis. The fund has sustainable investment as its objective, within the meaning of Article 9 of the Regulation (EU) 2019/2088 of 27 November 2019 on Sustainability-related disclosures in the financial sector. The strategy integrates sustainability criteria as part of the stock selection process and through a theme-specific sustainability assessment. The portfolio is built on the basis of an eligible investment universe that includes companies whose business models contribute to the thematic investment objectives. The assessment regarding relevant SDGs uses an internally developed framework, more information on which can be obtained at www.robeco.com/si.

Belangrijke feiten

Per 30-06-2026

Totale fondsgrootte	EUR 2,241,871,467
Grootte van de shareclass	EUR 7,741,855
Ingangsdatum shareclass	29-10-2020
1-jaars rendement	6.78%
Dividenduitkerend	Nee

Fondsmanager

Dieter Küffer CFA
Jindapa (Amy) Wanner-Thavornsuk CFA

Dieter Küffer is Portfolio Manager of the Robeco Sustainable Water strategy and member of the Thematic Investing team. He has managed the strategy since inception in 2001, the year he joined Robeco. In the past, he has also managed several other thematic strategies at Robeco. Prior to joining, he led a team responsible for the management of actively managed equity mandates on behalf of Swiss institutional clients at UBS Asset Management in Zurich. He began his career as an investment counsel in the Private Banking Division of UBS in 1986. Dieter Küffer holds a federal diploma as a Swiss-Certified Banking Expert and is a CFA® Charterholder. Amy Wanner-Thavornsuk is Co-Portfolio Manager of the Robeco Sustainable Water strategy and member of the Thematic Investing team. Prior to joining in 2019, she worked for 9 years at JPMorgan Assets Management in London, including her role as a senior fundamental analyst covering emerging market equities. She has been in the Financial Industry for 20 years with previous work experience in investment banking and consulting. She started her career as an auditor at PWC in Bangkok back in 2003. Amy holds a Bachelor of Science in Finance & Accounting from the Chulalongkorn University in Thailand and an MBA from the Bayes Business School, UK. She is a CFA® Charterholder.

Per periode	Fonds	Index
1 maand	4.40%	1.34%
3 maanden	8.93%	14.64%
YTD	4.60%	12.68%
1 jaar	6.78%	24.58%
2 jaar	2.24%	14.99%
3 jaar	5.47%	17.40%
5 jaar	2.47%	12.29%
10 jaar	7.44%	12.81%
Sinds oprichting 01-10-2006	6.20%	9.14%

Statistieken	3 jaar	5 jaar
Tracking error ex-post (%) 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.	9.80	9.07
Informatieratio 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.	-0.95	-0.80
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.	0.34	0.18
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..	-7.83	-6.58
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.	1.02	1.05
Standaarddeviatie 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).	15.42	16.64
Max. maandelijkse winst (%) The maximum (i.e. highest) absolute positive monthly performance in the underlying period.	10.21	11.88
Max. maandelijks verlies (%) The maximum (i.e. highest) absolute negative monthly performance in the underlying period.	-9.39	-9.39

Kosten van dit fonds	Percentage
Lopende kosten 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.	2.46%
Inbegrepen beheervergoeding A fee paid by the fund to the asset management company for the professional management of the fund.	2.25%
Inbegrepen serviceprovisie This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.16%
Transactiekosten The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.06%

Fiscale behandeling product

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.

Fiscale behandeling belegger

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.

Policies

Per 30-06-2026

Marktontwikkeling

Per 30-06-2026

June was marked by significant market volatility. Strong US employment data early in the month pushed bond yields higher and reduced expectations for interest rate cuts, weighing on equities, particularly technology stocks. Sentiment improved mid-month following a ceasefire agreement between the US and Iran, helping ease geopolitical concerns. Investors also adjusted to a new communication approach from Federal Reserve Chair Kevin Warsh, which introduced greater policy uncertainty but had limited impact on broader equity markets. Technology shares remained volatile throughout the month, as investors reassessed AI-related spending and long-term returns. Semiconductor stocks experienced periods of sharp selling, although strong results from Micron briefly revived optimism. Concerns over AI monetization, rising investment costs, and increasing competition, including from lower-cost Chinese models, continued to drive fluctuations in the sector.

Toelichting rendement

Per 30-06-2026

Based on transaction prices, the fund's return was 4.40%. The Robeco Sustainable Water Fund rebounded 4.6% in EUR terms in June, benefiting from a rotation away from AI-related stocks into more traditional and defensive businesses. The Water Quality cluster was a strong contributor, led by the Water Treatment subcluster, where established water companies such as Xylem, Veralto, and Ecolab performed well. The Water Analytics subcluster also recovered, supported by improving sentiment toward life science tools companies. The Water Infrastructure & Efficiency cluster, which remains the fund's largest allocation, was the strongest contributor to performance. Gains were led by the Engineering & Construction subcluster, followed by Infrastructure Equipment, as investors refocused on companies with solid fundamentals and attractive valuations. The Water & Waste Services cluster also delivered positive returns but was the smallest contributor to overall performance, reflecting its more defensive characteristics and lower sensitivity to the market's renewed appetite for cyclical sectors.

Verwachting van de fondsmanager

Dieter Küffer CFA
Jindapa (Amy) Wanner-Thavornsuk CFA

We are disciplined in our fundamental research and valuation methodology. Overall, the fund remains overweight in Water Analytics and Water Treatment, reflecting attractive valuations and solid growth prospects. Within Water Infrastructure & Efficiency, the fund is overweight in Infrastructure Equipment, while the other three clusters are broadly in line with the internal benchmark. In Water & Waste Services, the fund is underweight in both Waste Services and Water Utilities. US and UK water utilities remain underweight due to relatively high valuations, particularly given elevated treasury yields in both markets.

Robeco Sustainable Water M2 EUR

Tap into a liquid asset

Kernpunten

Over dit fonds

Belangrijke feiten

Fondsmanager

Rendement

Koersontwikkeling

Statistieken

Kosten

Fiscale behandeling product

Fiscale behandeling belegger

Fondsallocatie

Policies

Marktontwikkeling

Toelichting rendement

Verwachting van de fondsmanager

Fondsdocumenten

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