Robeco Global Stars Equities IBHL EUR

High conviction in the most attractive companies around the world

Type de part Type de part 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.

Classe et codes

Type de fonds
Equities
ISIN
LU3248326707
Bloomberg
RBGSEIE LX

Type de fonds

Equities

ISIN

LU3248326707

Bloomberg

RBGSEIE LX

Indice

MSCI World Index (Net Return hedged into EUR)

Information de Durabilité
Information de Durabilité
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

Aperçu Performance & frais Portefeuille Durabilité Commentaire Documents

Points clés

Concentrated portfolio
Focuses on cash generative companies with a high return on invested capital and strong sustainabiltiy credentials
Applies a disciplined approach to valuing companies

À propos de ce fonds

Robeco Global Stars Equities is an actively managed fund that invests in stocks in developed countries across the world. The selection of these stocks is based on fundamental analysis.The fund's objective is to achieve a better return than the index. The fund has a concentrated portfolio of stocks with the highest potential growth which are selected on the basis of high free cash flow, an attractive return on invested capital and a constructive sustainability profile. The fund aims at selecting stocks with relatively low environmental footprints compared to stocks with high environmental footprints.

Faits marquants

Par 31-07-2026

Actif du fonds	EUR 2,090,200,678
Montant de la classe d'actions	EUR 156,766,323
Date de création de la classe d'actions	23-12-2025
Paiement de dividendes	Oui

Gérant

Michiel Plakman CFA
Chris Berkouwer
Yanxin Liu

Michiel Plakman is Portfolio Manager and Co-Head of Robeco’s Global Equity team. He is Lead Portfolio Manager Global Stars Equities and Portfolio Manager Global Engagement Equities. He is responsible for fundamental global equities with a focus on companies in information technology, real estate, communication services and portfolio construction. Before starting this role since 2009, Michiel was responsible for managing the Robeco IT Equities fund within the TMT team. Prior to joining Robeco in 1999, he worked as a Portfolio Manager Japan at Achmea Global Investors (PVF Pensioenen). From 1995 to 1996 he was Portfolio Manager European Equities at KPN Pension Fund. Michiel holds a Master's in Econometrics from Vrije Universiteit Amsterdam and is a CFA® Charterholder. Chris Berkouwer is Portfolio Manager and member of the Global Equity team. He has a focus on the low-carbon transition and on companies in the energy, materials and industrials sectors. He is also Deputy Lead Portfolio Manager Global Stars Equities. He is responsible for fundamental global equities, as well as portfolio construction. Prior to joining Robeco in 2010, he worked as an analyst for The Hague Centre for Strategic Studies. He conducted country, industry and company research for various equity teams before joining the Global Equity team. Chris holds a Master's in Business Administration and International Public Management from the Erasmus University Rotterdam and is a CFA® Charterholder. Yanxin Liu is a portfolio manager and member of the Global Equity team. She is also a deputy lead portfolio manager of the Global Stars Equities strategy. Yanxin has a focus on information technology. Yanxin spent 11 years with our Emerging Markets Equity team, prior to joining the Global Equity team in 2022. Within the Emerging Markets team her focus was on all sectors in Greater China. Prior to that, Yanxin worked for DSM Pension Services in the Netherlands as an analyst focusing on US large-cap equities. Yanxin has a Master’s in Finance from the Erasmus University Rotterdam and a Bachelor’s in Financial Accounting from Nankai University in Tianjin. She became a CFA® Charterholder in 2015 and is a native Mandarin speaker.

Les données de performance de ce fonds ne sont pas disponibles ou sont limitées par la législation MIFID, qui nous empêche de communiquer des données de performance pour les fonds dont l'historique est inférieur à 12 mois.

Date	Montant
23-06-2026	EUR 0.40

Download dividend history

Frais pour ce fonds	Pourcentage
Frais courants 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.	1.01%
Frais de gestion inclus A fee paid by the fund to the asset management company for the professional management of the fund.	0.88%
Commission de service inclus This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.12%
Frais de transaction The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.31%

Fiscalité produit

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.

Fiscalité applicable aux porteurs

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.

Évolution des marchés

Par 31-07-2026

The winning corners of the market took several hits during July, marking a rollercoaster month that somehow still ended with a shy smile (-0.1% in EUR, +0.5% in USD). After a blockbuster first half of the year, with indices riding the semiconductor boom, July prompted a nagging question: had the AI party gotten ahead of itself? Sharp wobbles across AI names, with chip stocks at the epicenter, were eventually stabilized after a wave of strong earnings results. As the large hyper-scalers flagged combined capital spending for 2026 that will likely close in on the USD 800 billion mark, and with 2027 set to easily surpass the USD 1 trillion mark, investors were reassured that the AI infrastructure buildout is not slowing. Two other clouds are hanging over the party, too. Firstly, rising bond yields – with the 10-year US Treasury hitting its highest point since early 2025 – are signaling that the Fed needs to hike sooner rather than later. And secondly, a flare-up in geopolitics – again. Renewed spats around the Strait of Hormuz pushed crude oil prices back toward the USD 90 level.

Prévisions du gérant

Michiel Plakman CFA
Chris Berkouwer
Yanxin Liu

As of July, we have seen lagging pockets of the market, including financials, healthcare and consumer, staging a comeback as earnings revisions are improving. In general, earnings will need to do more of the heavy lifting going forward. So far, that is indeed the case, with earnings growth currently running at the strongest pace in four years, keeping overall equity markets afloat. A large swing factor remains the Fed. With the narrative flipping this year from rate cuts to 'maybe hikes', as inflation concerns remain and bond yields are turning up, this could mean headwinds for pricey growth stocks and could cap how far valuations might stretch. The risk list also includes a longer and harsher continuation of the US-Iran conflict, increasing the likelihood of another oil price spike. The sharp drawdown in July of many AI darlings, mainly driven by technical factors rather than fundamentals, also meant the door for a broader market participation is again firmly open. Hence, staying diversified across size, style and geographies, rather than betting the farm on the AI basket alone, looks the most sensible way to ride a market that can still climb from here.

Robeco Global Stars Equities IBHL EUR

High conviction in the most attractive companies around the world

Points clés

À propos de ce fonds

Faits marquants

Gérant

Les données de performance de ce fonds ne sont pas disponibles ou sont limitées par la législation MIFID, qui nous empêche de communiquer des données de performance pour les fonds dont l'historique est inférieur à 12 mois.

Évolution du cours

Historique de paiement des dividendes

Frais

Fiscalité produit

Fiscalité applicable aux porteurs

Allocation des fonds

Politiques

Évolution des marchés

Prévisions du gérant

Documents de fonds

Rapports annuels / semestriels

Annonces

Let's keep the conversation going