Robeco Circular Economy K1E GBP

Keeping products in the loop creates value

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
LU3106452579
Bloomberg
RCGRCKG LX

Fondscategorie

Equities

ISIN

LU3106452579

Bloomberg

RCGRCKG LX

Referentie-index

MSCI All Country World Index (Net Return, GBP)

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

Overzicht Rendement & kosten Portefeuille Duurzaamheid Commentaar Documenten

Kernpunten

Circular Economy is a need-to-have in order to transition toward sustainable production and consumption practices, and to reach global net zero targets
More than “just” recycling, Circular Economy designs waste and pollution out, and keeps products and materials in use for longer
Regulation, company commitments and changing consumer preferences provide strong tailwinds for winners across various industries, business models and geographies

Over dit fonds

Robeco Circular Economy is an actively managed fund that invests globally in companies aligned with circular economy principles. 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	GBP 731,692,754
Grootte van de shareclass	GBP 290,330,583
Ingangsdatum shareclass	22-07-2025
Dividenduitkerend	Ja

Fondsmanager

Natalie Falkman

Natalie Falkman is Portfolio Manager of the Robeco Circular Economy strategy and member of the Thematic Investing team. Before joining Robeco in 2022, she was a portfolio manager for Kapitalinvest, a global equity, 5-star rated by Morningstar and AAA-rated by Citywire (Global blend-category) fund at Swedbank Robur in Stockholm. Prior to that, she worked at Carnegie (largest independent investment bank in the Nordics), first as the Head of Emerging Markets Research and thereafter with Nordic Capital Goods Equity Research. She started her career in 2002 as an equity research analyst at Deutsche Bank in Moscow covering utility and shipping sectors. Natalie holds a Master’s in Finance from Stockholm School of Economics.

De performancegegevens voor dit fonds zijn niet beschikbaar of beperkt door de MiFID-regelgeving, waardoor we geen performancegegevens kunnen rapporteren voor fondsen met een track record van minder dan 12 maanden.

Datum	Bedrag
22-04-2026	GBP 0.02

Download dividend history

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.	0.77%
Inbegrepen beheervergoeding A fee paid by the fund to the asset management company for the professional management of the fund.	0.64%
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.	0.15%

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

In June, the strongest pockets of the market continued to unmistakably lay upstream in the AI supply chain. The logic is straightforward. Investors are still working out who the real winners will be; doubts persist over the long-term ROI on the big infrastructure spend. So, for now, they have moved a layer deeper into the ecosystem. AI remains the high-conviction secular story. Even so, no theme trades in a vacuum. Exiting June, this one carries more leverage and heavier positioning – and, with it, more volatility and potentially a lower reward than where we stood at the onset of 2026. Turning to the industrial economy, the mood is steadier than it was. With Q2 reporting season about to begin, the early growth fears are being dispelled. With a new Fed chairman at the reins and the midterms this autumn, rate expectations can swing back quickly – all the more so if the inflation scare proves shorter-lived than first feared.

Verwachting van de fondsmanager

Natalie Falkman

As we head into Q2 earnings, the global earnings revision ratio sits near four-year highs. Company commentary at conferences over recent months stayed confident on the industrial demand recovery. The Iran-US conflict initially added a note of caution, but with a resolution now looking like an active work-in-progress, the tail risk – a growth downturn – seems increasingly less likely. That positive earnings trajectory offers investors a genuine alternative for generating alpha, one not tied, or at least not as tightly tied, to the AI trade. A second source, we believe, sits in the companies whose earnings are troughing yet still trade at or near trough multiples. These span different sectors and different demand patterns, so the exposure is not a single macro bet. We are increasingly favoring a barbell strategy. That means that when we add, we add to weak momentum over strong momentum, troughing earnings over strong earnings, and AI users over AI enablers.

Robeco Circular Economy K1E GBP

Keeping products in the loop creates value

Kernpunten

Over dit fonds

Belangrijke feiten

Fondsmanager

De performancegegevens voor dit fonds zijn niet beschikbaar of beperkt door de MiFID-regelgeving, waardoor we geen performancegegevens kunnen rapporteren voor fondsen met een track record van minder dan 12 maanden.

Koersontwikkeling

Historie dividenduitkering

Kosten

Fiscale behandeling product

Fiscale behandeling belegger

Fondsallocatie

Policies

Marktontwikkeling

Verwachting van de fondsmanager

Fondsdocumenten

(Half)jaarverslagen

Aankondigingen

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