globalen
Image

Bedrijfsleningenfonds

ISIN: NL0011280748
  • Unique access to Dutch corporate loans.
  • Expected returns of 100 basis points over comparable public loans.
  • Relatively safe loans to strong Dutch companies.
Assets class
Current price ()
Performance YTD ()
Currency EUR
Total size of fund ()
Dividend payingNo

About this fund

The Fund offers institutional investors unique access to loans provided to Dutch companies with an attractive risk-return profile. This is done in collaboration with the top three Dutch banks: ABN AMRO, ING and Rabobank. The strong position of the banks in the medium-sized corporate segment means that the Fund has easy access to loans and can start with a serious target of around EUR 500 million, which can expand to around the EUR 1 billion mark. The Fund focuses on corporate loans of at least EUR 10 million provided to Dutch companies with significant activities in the Netherlands, supplemented with private placements issued by Dutch companies.

Price development

No performance data available

Price development

Bedrijfsleningenfonds

Performance

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}
Fund Reference index
1m
3m
YTD
1 year
2 years
3 years
5 years
10 years
{{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundPerformances.sinceStart.startDate,'MM-YYYY') ]}}
The value of the investments may fluctuate. Past performance is no guarantee of future results.
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.

Performances are net of fees and based on transaction prices.
Fund Reference index
The value of the investments may fluctuate. Past performance is no guarantee of future results.
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.

Performances are net of fees and based on transaction prices.

Statistics

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundStatistics.date,'llll') ]}}
3 years 5 years
Standard deviation
Max. monthly gain (%)
Tracking error ex-post (%)
Alpha
Beta
Sharpe ratio
Information ratio
Max. monthly loss (%)
Above mentioned ratios are based on gross of fees returns
3 years 5 years
Hit ratio (%)
Hit ratio Bear (%)
Hit ratio Bull (%)
Months Bear market
Months Bull market
Months outperformance
Months outperformance Bear
Months outperformance Bull
Above mentioned ratios are based on gross of fees returns
Fund Reference index
Option Adjusted Modified Duration (years)
Maturity (years)
Rating
Yield to Worst (%)

Fund allocation

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}
Name Sector Weight
{{fund.fundInvestmentExplanations.top10}}

Fund Classification

YesNoN/A 
Voting
Engagement
ESG integration
Exclusion
YesNoN/A 
Screening
Integration
Sustainability Themed Fund

Currency policy

All the fund's investments are in EUR.

Dividend policy

The fund does not pay dividends.

ESG Integration policy

For both Direct Loans and Private Placements, the Robeco SI policy is leading, with the policy of the lending bank(s) being used for Direct Loans. Furthermore, the Fund excludes several types of sub sectors and activities, which are mentioned in the Investment Restrictions.

Investment policy

The Fund offers institutional investors unique access to loans provided to Dutch companies with an attractive risk-return profile. This is done in collaboration with the top three Dutch banks: ABN AMRO, ING and Rabobank. The strong position of the banks in the medium-sized corporate segment means that the Fund has easy access to loans and can start with a serious target of around EUR 500 million, which can expand to around the EUR 1 billion mark. The Fund focuses on corporate loans of at least EUR 10 million provided to Dutch companies with significant activities in the Netherlands, supplemented with private placements issued by Dutch companies.

Risk policy

Please refer to the prospectus for a description. The prospectus can be downloaded from the fund-facts page.

Erik Hylarides
Erik Hylarides

Erik Hylarides

Mr. Hylarides is a Loan Manager in the Credit team. Prior to joining Robeco, Erik Hylarides was as senior portfolio manager high yield bonds and leveraged loans for three years at Aegon Asset Management. Before that he worked as senior credit analyst at ABN AMRO risk management. At ABN AMRO Erik Hylarides was responsible for the independent assessment of credit and transaction risk of corporate customers. He started his career with four years of industry experience as global custody relationship manager. Mr. Hylarides holds a Master's degree in Financial Economics from the Erasmus University of Rotterdam. Erik has been active in the industry since 2000.

Details

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}
Management company
Fund capital
Outstanding shares
ISINNL0011280748
Bloomberg
Valoren
WKN
Availability
1st quotation date1456358400000
Close financial year31-12
Legal status
Tracking error limit (%)
Reference index

Cost of this fund

Ongoing charges

This fund deducts ongoing charges of
These charges comprise
Management fee
Service fee

Transaction costs

The expected transaction costs are

Performance fee

This fund may also deduct a performance fee of

Extra fees

max entry fee
Max exit fee
Max sub fee
Max switch fee

Fiscal product treatment

The fund is established in the Netherlands. The fund is closed for corporate-income tax purposes (fiscally transparent). This means that all results are attributed directly to the participants. As a consequence, the fund is not liable to corporate-income tax and withholds no dividend tax.

Fiscal treatment of investor

Investors who are not subject to (exempt from) Dutch corporate-income tax (e.g. pension funds) are not taxed on the achieved result. Dutch tax-exempt bodies may seek a full refund on the 15% dividend tax withheld on dividends (25% prior to 1 January 2007). Interest income is exempt from tax withheld at source. 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 in their tax return. In principle, Dutch bodies that are subject to corporate-income tax may offset the 15% dividend tax withheld on dividends (25% prior to 1 January 2007) against the corporate-income tax and seek a refund of the excess amount. Investors residing outside the Netherlands are subject to their respective national tax regime applying to foreign investment funds. Shareholders who do not pay tax in the Netherlands and who are resident in countries that have a tax treaty with the Netherlands to prevent double taxation may seek a refund for part of the Dutch dividend tax from the Dutch tax authorities, depending on the treaty. As of 1 January 2007, a pension fund having its registered office in another EU member state is also entitled to a Dutch dividend-tax refund. The above is based on the current fiscal legislation and regulations in the Netherlands. 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.

Disclaimer

The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).

The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

By clicking Proceed I confirm that I am a professional investor and that I have read, understood and accept the terms of use for this website.

Decline