Robeco Sustainable Income Allocation C 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
LU2776675410
Bloomberg
ROBSICE LX

Asset class

Asset Allocation

ISIN

LU2776675410

Bloomberg

ROBSICE 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 30-11-2025

Total size of fund	EUR 121,368,276
Size of share class	EUR 25,407
Inception date share class	19-03-2024
1-year performance	3.48%
Dividend paying	Yes

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	0.26%	-0.10%
3 months	2.70%	2.60%
YTD	4.55%	4.46%
1 year	3.48%	3.62%
Since inception 19-03-2024	5.52%	6.05%

Date	Amount
23-09-2025	EUR 1.25
25-06-2025	EUR 1.25
25-03-2025	EUR 1.30

Download dividend history

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.	0.71%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	0.50%
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.

Market development

Per 30-11-2025

Global risk assets ended November 2025 modestly higher after a choppy month. Equities started on the back foot, hurt by profit-taking and valuation concerns in crowded AI/Big Tech names, uncertainty around the extended US government shutdown that delayed key data releases, and a modest scaling-back of near-term Fed rate cut expectations. As these worries eased and on the back of solid Q3 earnings, indices recovered. The S&P 500 finished November slightly positive and was one of the few major equity indices to end the month in the green. Rates markets saw two-way volatility. 10-year US Treasury yields first moved higher on a more hawkish Fed tone, then retraced toward 4% as communication softened and futures priced in a likely 25 bps cut in December. Credit lagged equities: broad US investment grade spreads edged wider, while hyperscalers underperformed amid heavy bond supply for AI capex and rising leverage concerns. In Japan, a fiscal package weakened the yen and nudged long-dated JGB yields higher.

Performance explanation

Per 30-11-2025

Based on transaction prices, the fund's return was 0.26%. The Sustainable Income Allocation Fund rose 0.4% over the month, beating its benchmark and staying ahead year-to-date. Overall asset allocation was a slight detractor, as the helpful equity overweight was partly offset by the preference for emerging over developed markets. Reduced exposure to the US dollar contributed positively, supported by a more dovish tone from the US Federal Reserve. Profits were taken on the Australian flattener as prospective rate cuts were priced out. Hedging part of the fund's high-yield exposure in favor of equities further supported returns. Security selection was strong: both the tilt toward low-volatility stocks and the overweight in healthcare added positively. Healthcare valuations remain attractive versus the broader market, and concerns around punitive drug pricing continue to ease. At the stock level, top-ten holding Eli Lilly delivered impressive earnings, and analysts remain optimistic about its long-term growth prospects driven by obesity and metabolic-health treatments over the period.

Expectation of fund manager

Ernesto Sanichar

Equities were weak early in November despite solid earnings, as worries over AI capex, a cautious Fed and missing labor data during the US shutdown weighed on sentiment. Markets recovered after the government reopened, data releases resumed and fears of a sharp labor slowdown eased. We remain constructive on equities, supported by expected fiscal stimulus in the US and Europe, Fed rate cuts and steady ECB policy, with firm earnings. Valuations are not cheap, but we see better relative value in emerging markets and Europe, while remaining comfortable with US large caps given their profit strength and AI exposure. The bond outlook is mixed, with higher deficits and debt arguing for higher yields, but most central banks are now on hold or cutting, keeping the front end anchored; we stay neutral and selective in government bonds. We view the reduction in gold as temporary, stay long in JPY and AUD, and continue to prefer equity over credit risk.

Robeco Sustainable Income Allocation C 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

Dividend paying history

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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