Robeco Flexible Allocation E EUR

Flexible strategy seeking alpha opportunities that targets cash+4% total return throughout the market cycle

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
LU2819743431
Bloomberg
ROBFAEE LX

Asset class

Asset Allocation

ISIN

LU2819743431

Bloomberg

ROBFAEE LX

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

Multi-strategy approach leveraging best investment ideas from all of Robeco
Aims to outpace inflation, protecting and increasing the real value of investments
Unconstrained by a benchmark: dynamic allocation driven by Robeco’s 5-year Expected Returns

About this fund

Robeco Flexible Allocation is an actively managed global multi asset fund. The aim of the fund is to achieve long term capital growth by taking global exposure to asset classes such as equities, bonds, deposits, Alternative Investments and/or other generally accepted asset classes. The fund applies a flexible allocation strategy to various global asset classes, seeking to balance the trade-off between risk and return. This means the fund's portfolio composition will be determined and adjusted based on market conditions. The asset allocation strategy is subject to investments and volatility restrictions. The portfolio management team can also use other investment instruments to enhance the risk return profile of the fund.

Key facts

Per 31-12-2025

Total size of fund	EUR 33,632,145
Size of share class	EUR 25,842
Inception date share class	09-07-2024
1-year performance	3.28%
Dividend paying	Yes

Fund manager

Ernesto Sanichar
Arnout van Rijn
Daniel Lai

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. Arnout van Rijn is Portfolio Manager and member of the Sustainable Multi Asset team. Previously, Arnout was CIO Asia Pacific, Co-Head of the Asia Pacific team and Lead Portfolio Manager of Robeco Asia Pacific Equities. Before that, he was Lead Portfolio Manager of Rolinco, one of Robeco's flagship global equity products. Before that, Arnout held several positions within the Robeco Equity department, covering European, Asian and American markets. From its inception in 1994 until 2000, he was Portfolio Manager of Robeco's Emerging Markets Equities fund. He started his career in the investment industry in 1990. Arnout holds a Master's in Business Economics from Erasmus University Rotterdam. Daniel Lai is Portfolio Manager Insurance & Pensions Solutions in the Sustainable Multi Asset Solutions team. He joined Robeco in 2012. His focus is modelling and implementing overlay strategies and matching portfolios in derivatives, government bonds and credits. He started his career with Cardano Risk Management in 2011. Daniel holds an Master’s in Econometrics from Erasmus University Rotterdam.

Per period	Fund	Index
1 month	0.20%	-
3 months	0.88%	-
YTD	3.28%	-
1 year	3.28%	-
Since inception 09-07-2024	2.39%	-

Date	Amount
23-04-2025	EUR 0.18

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.	1.51%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	1.30%
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 31-12-2025

The global economy ended 2025 in a stable but decelerating growth environment. While no broad signs of systemic stress emerged, economic momentum remained uneven across regions, reinforcing a cautious and orderly late-cycle backdrop rather than a shift toward renewed acceleration or outright downturn. Central banks broadly met market expectations in December, anchoring sentiment into year-end. The Federal Reserve delivered a widely anticipated rate cut, the European Central Bank maintained its policy stance, and the Bank of Japan continued gradual normalization. These decisions underscored policy continuity and incremental adjustment rather than abrupt shifts. Market behavior reflected late-cycle dynamics, with narrow and selective leadership prevailing over broad risk-on participation. Selective cyclicals performed reasonably, while US technology delivered mixed results. Volatility in longer-dated bond markets persisted but failed to trigger sustained risk-off moves. Equity markets closed the year with mixed outcomes. Across other asset classes, commodities diverged, with subdued energy prices offset by firmer industrial metals, while credit markets remained resilient overall.

Performance explanation

Per 31-12-2025

Based on transaction prices, the fund's return was 0.20%. The Robeco Flexible Allocation Fund delivered a positive return of 0.20% in December. Throughout the month, the fund's equity beta fluctuated between 30% and 34%, with additional equity exposure expressed through call spreads on the S&P 500. These were preferred over outright equity positions because they offer attractive pricing and meaningful upside. Exposure to German 2‑year government bonds was increased as a hedge against potential equity market weakness, although the position detracted from performance as yields rose following hawkish comments from the Bundesbank president. We continue to view this position as an effective hedge and believe the ECB remains far from raising rates, leaving room to add opportunistically. In FX, the yen weakened further despite the BoJ's rate hike, as policymakers maintained a cautious tone. We are monitoring for signs to exit if conditions do not improve. AUD exposure was increased on expectations of a stable RBA policy and strong demand for industrial commodities. Gold holdings were maintained, and the USD hedge added value.

Robeco Flexible Allocation E EUR

Flexible strategy seeking alpha opportunities that targets cash+4% total return throughout the market cycle

Key points

About this fund

Key facts

Fund manager

Performance

Dividend paying history

Costs

Fiscal product treatment

Fiscal treatment of investor

Fund allocation

Policies

Sustainability

Market development

Performance explanation

Fund documents

Annual and Semi-Annual Reports

Announcements

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