Robeco Global Multi-Thematic I USD

Capturing growth from powerful megatrends

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
LU2539431143
Bloomberg
ROBMEGS LX

Fondscategorie

Equities

ISIN

LU2539431143

Bloomberg

ROBMEGS LX

Index

MSCI All Country World Index (Net Return, USD)

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 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 )

Overzicht Rendement & kosten Portefeuille Duurzaamheid Commentaar Documenten

Kernpunten

Efficiently monetize megatrends to discover tomorrow’s champions and today’s enablers
A turnkey solution offering access to the best of Robeco’s entire range of thematic equities
Carefully calibrated exposure to seize promising upside potential while minimizing downside risks

Over dit fonds

Robeco Global Multi-Thematic is an actively managed fund that invests worldwide in equities from developed and emerging countries. The selection of stocks is based on fundamental analysis. The strategy’s objective is to achieve a better return than the MSCI ACWI Index. The fund invests in companies incorporating or exercising a major part of their economic activities in identified themes. These include transforming technologies, changing sociodemographic, and preserving earth. This is achieved by investing in firms that are well positioned to benefit from structural changes in the economy as well as companies contributing to solving nature-based problems, fulfilling basic societal needs and addressing inefficiencies.

Belangrijke feiten

Per 30-06-2026

Totale fondsgrootte	USD 63,680,952
Grootte van de shareclass	USD 44,830
Ingangsdatum shareclass	01-11-2022
1-jaars rendement	11.33%
Dividenduitkerend	Nee

Fondsmanager

Dora Buckulčíková
Steef Bergakker

Dora Buckulcikova is Lead Portfolio Manager of Robeco Fashion Engagement (2023), Portfolio Manager of Robeco Global Multi-Thematic (2024), Rolinco (2022) and member of the Thematic Investing Team. She joined Robeco in 2021. Dora holds experience as a buy-side research analyst and investment manager with Baillie Gifford for 6 years. Previously, she was a research consultant for a UK-based global impact fund, providing long-term fundamental and sustainability-focused investment research. Dora is a CFA® Charterholder and obtained her Master of Arts in Economics and Chinese from the University of Edinburgh. Steef Bergakker is Portfolio Manager Robeco Global Multi-Thematic (2024), Rolinco (2020), Portfolio Manager Robeco Digital Innovations (2019) and member of the Thematic Investing team. Previously, he was trends researcher and has authored several white papers. Before that, Steef was portfolio manager of Robeco Infrastructure Equities and Robeco Hollands Bezit. Prior to rejoining Robeco in 2008, Steef held different functions at IRIS (Institute for Research and Investment Services), the former research joint venture of Robeco and Rabobank. From 1998 through 2008 he served as head of IRIS Equity Research, and before that he worked as equity analyst for eight years. Steef started his career in the investment industry at Robeco in 1990 as an analyst. He holds a Master's in Monetary Economics and Finance and Investments from Erasmus University Rotterdam.

Per periode	Fonds	Index
1 maand	-3.28%	-0.80%
3 maanden	14.27%	14.93%
YTD	4.40%	11.25%
1 jaar	11.33%	23.67%
2 jaar	10.62%	19.86%
3 jaar	11.90%	19.70%
Sinds oprichting 01-11-2022	17.27%	21.12%

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.	5.47	-
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.	-1.23	-
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.	0.50	-
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..	-8.81	-
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.	1.27	-
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).	16.66	-
Max. maandelijkse winst (%) The maximum (i.e. highest) absolute positive monthly performance in the underlying period.	12.36	-
Max. maandelijks verlies (%) The maximum (i.e. highest) absolute negative monthly performance in the underlying period.	-8.23	-

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.	0.98%
Inbegrepen beheervergoeding A fee paid by the fund to the asset management company for the professional management of the fund.	0.85%
Inbegrepen serviceprovisie This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.12%
Transactiekosten The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.08%

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 0.01% 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.

Fiscale behandeling belegger

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

Per 30-06-2026

Marktontwikkeling

Per 30-06-2026

June 2026 was a volatile but ultimately resilient month for global equities, capping one of the strongest quarters in recent years. Broad indices experienced choppiness and a mid-to-late month correction – particularly in technology and AI-related names – amid rising inflation data, shifting central bank signals, and fluctuating geopolitical tensions. However, strong corporate earnings, especially in AI-driven sectors, and retreating energy prices helped markets stabilize and deliver robust Q2 gains overall. Tech fundamentals remain very robust, but share price increases in market segments driven by the frantic buildout of AI-infrastructure in particular have been extraordinary and are vulnerable to profit-taking. Looking ahead, attention will turn to Q2 earnings season, further central bank signals, and any sustained de-escalation in the Middle East.

Toelichting rendement

Per 30-06-2026

Based on transaction prices, the fund's return was -3.28%. Global Multi-Thematic underperformed versus the MSCI ACWI in June, driven by adverse stock selection while allocation effects provided a modest offset. Changing Sociodemographics was the only theme to generate a positive return, supported by holdings such as Danone, IQVIA and HDFC Bank. Transforming Technologies detracted despite strong contributions from AI-related holdings TSMC and Palo Alto Networks, as weakness in Microsoft, Amazon and Broadcom weighed on results amid concerns around AI investment returns and enterprise software spending. Preserving Earth was the weakest-performing theme, reflecting poor stock selection. Among individual holdings, TSMC, Palo Alto Networks and Micron Technology were the largest contributors, while Microsoft, Amazon and NextPower were the main detractors during the month.

Verwachting van de fondsmanager

Dora Buckulčíková
Steef Bergakker

We remain positive on the long-term outlook, supported by powerful structural trends across Transforming Technologies, Changing Sociodemographics and Preserving Earth. Innovation in AI, automation, healthcare, digital infrastructure and clean energy continues to create attractive growth opportunities, while cybersecurity and supply-chain resilience are becoming increasingly important in a more uncertain geopolitical environment. Key areas of opportunity include digital payments and FinTech, AI-enabled productivity, healthcare innovation, data center infrastructure, industrial automation and resource efficiency. We believe companies with scalable business models, strong competitive positions and exposure to these secular growth drivers are well-placed to generate attractive long-term returns, despite potential periods of market volatility.

Robeco Global Multi-Thematic I USD

Capturing growth from powerful megatrends

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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Aankondigingen

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