Robeco Sustainable Income Allocation D EUR

Global multi-asset solution with a focus on attractive and stable sources of income

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.

Class and codes

Asset class
Asset Allocation
ISIN
LU2776675253
Bloomberg
ROBSIDE LX

Asset class

Asset Allocation

ISIN

LU2776675253

Bloomberg

ROBSIDE LX

Index

25% MSCI All Country World Index(USD) 75% Bloomberg Global Aggregate(hedged to EUR and denominated into USD)

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

Overview Performance & costs Portfolio Sustainability Commentary Documents

Key points

Worldwide investments in multiple asset classes
Focus on investments with attractive and stable sources of income
Flexibility to seek the best risk-return opportunities

About this fund

Robeco Sustainable Income Allocation 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 whilst maintaining a consistent level of income. The fund has a relatively low risk profile and uses asset allocation strategies mainly investing directly in bonds and taking exposure to other asset classes such as equities. The asset allocation strategy is subject to investments and volatility restrictions. The portfolio management team can also use other investment instruments to enhance the riskreturn profile of the fund.

Key facts

Per 31-10-2025

Total size of fund	EUR 121,930,242
Size of share class	EUR 27,103
Inception date share class	19-03-2024
1-year performance	4.75%
Dividend paying	No

Fund manager

Ernesto Sanichar

Ernesto Sanichar is Portfolio Manager and member of the Sustainable Multi Asset team. He responsible for the Robeco Multi Asset funds, Robeco ONE and Defined contribution funds. His asset specialties are fixed income and FX. He has been part of Robeco's Investment Solutions department since 2005. Previously, he was Treasury Manager for four years. Prior to joining Robeco in 2001, Ernesto worked at ING Barings as a Product controller at the cash equities and derivatives desk for three years. Ernesto started his career in the investment industry in 1998. He holds a Master's in Financial Economics from Erasmus University Rotterdam. Mathieu van Roon is Portfolio Manager and member of the Sustainable Multi Asset team and is responsible for the Robeco Multi Asset funds, Robeco ONE and Defined contribution funds. He joined Robeco in 2011 within the Structured Investments department. Mathieu holds a Master’s in both Business Economics and Econometrics (cum Laude) from Erasmus University Rotterdam and is a Financial Risk Manager (FRM) charterholder.

Per period	Fund	Reference index
1 month	1.15%	1.47%
3 months	2.70%	3.02%
YTD	3.85%	4.56%
1 year	4.75%	6.29%
Since inception 19-03-2024	5.12%	6.43%

Cost of this fund	Percentage
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.	1.21%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	1.00%
Included service fee This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.16%
Transaction costs The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.16%

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 0.05% 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.

Fiscal treatment of investor

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.

Strategic Asset Allocation

Actual Asset Allocation

Policies

Per 31-10-2025

Market development

Per 31-10-2025

Global markets delivered gains in October 2025, though conditions were far from calm. Equities moved higher, led by the US and emerging markets, as earnings season saw technology and financial companies beat expectations, confirming resilient profit growth. Mid-month, risk sentiment was jolted by renewed US–China trade tensions, with fresh tariff threats and sharper rhetoric prompting an equity pullback and flight to safe havens before headlines softened, underscoring geopolitics as a key swing factor. New US sanctions on major Russian energy companies pushed oil prices higher, feeding inflation concerns. US inflation remained above the Federal Reserve's 2% target, while Eurozone inflation, estimated at 2.2% in September, stayed close to the ECB's goal; both banks kept a cautious, data-dependent stance. Gold, which had previously benefited from geopolitical risk and a weaker dollar, surrendered part of its gains as the US dollar strengthened and anxieties eased. In Japan, markets welcomed a new government, while the BoJ delayed rate hikes.

Performance explanation

Per 31-10-2025

Based on transaction prices, the fund's return was 1.15%. The Sustainable Income Allocation Fund gained 1.3% in October, modestly trailing its benchmark, but year-to-date performance remains ahead of the index. Asset allocation was broadly supportive: the overweight in emerging market equities and the move to hedge part of the high yield exposure in favor of equities both added value. In investment grade credit, a preference for Europe over the US and a shift up in quality further contributed. Currency positioning was mixed; the structural underweight in the US dollar has helped year-to-date but detracted in October as the Fed struck a more hawkish tone. Within alternatives, the allocation to gold weighed on returns. Security selection was a drag overall, and the minimum-volatility equity allocation, which had offered downside protection earlier in the year, lagged this month owing to low exposure to technology and large-cap growth. By contrast, an overweight in healthcare supported results, helped by improved sentiment following a recent US drug-pricing agreement.

Expectation of fund manager

Ernesto Sanichar

Equities ended the quarter in positive territory, with emerging markets the standout performers. Risky assets wobbled when US–China trade rhetoric escalated, but tensions soon eased after a temporary truce. Earnings season has supported further gains, with large technology companies posting solid results. We see the path of least resistance for equities as still upward: earnings remain resilient, seasonality is turning more favorable, and most major central banks are easing or on hold. However, we think markets, particularly in the US, are too aggressive in pricing lower long-term interest rates, so we stay neutral in government bonds and overweight in equities, with a tilt to emerging markets. We remain underweight in high yield, which tends to lag equities late cycle and provides some protection if our constructive equity view proves wrong. We also continue to hold a modest position in gold as a diversifier and hedge, having reduced exposure after the strong price rally earlier this year.

Robeco Sustainable Income Allocation D EUR

Global multi-asset solution with a focus on attractive and stable sources of income

Key points

About this fund

Key facts

Fund manager

Performance

Costs

Fiscal product treatment

Fiscal treatment of investor

Fund allocation

Policies

Market development

Performance explanation

Expectation of fund manager

Fund documents

Annual and Semi-Annual Reports

Announcements

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