Robeco BP Global Premium Equities M2H EUR
- Award winning unconstrained Global equity strategy
- Managed by a highly experienced team of bottom-up value investment professionals
- Focus on 'characteristics that work': Valuation, Fundamentals and Momentum
About this fund
Performance
Performance
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}| Fund | Reference index | |
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| {{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundFacts.inceptionDate,'LL') ]}} |
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Statistics
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Market development
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}The MSCI World Index ended 1.3% higher in August in USD terms, continuing the summer rally that began in July. Stocks rose despite ongoing trade and geopolitical concerns. America’s bull market in equities has become the longest in history. US technology stocks plus Amazon were the best performing region/sector names. Meanwhile, emerging markets suffered a further decline.
Fund Classification
| Yes | No | N/A | ||
|---|---|---|---|---|
| Voting | ||||
| Engagement | ||||
| ESG integration | ||||
| Exclusion |
| Yes | No | N/A | ||
|---|---|---|---|---|
| Screening | ||||
| Integration | ||||
| Sustainability Themed Fund |
Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
|---|---|---|
Currency policy
Currency risk is hedged to Euro.
Dividend policy
The fund aims to achieve optimum return on investments within predetermined risk limits.There is no active dividend policy.
ESG Integration policy
For Robeco BP Global Premium Equities, ESG factors are qualitatively considered on an individual basis in the fundamental analysis but are not structurally integrated in the investment process.
Investment policy
Robeco BP Global Premium Equities invests across the globe in stocks that meet our Three Circles criteria. We seek out attractive valuation, quality businesses, and positive business momentum. The portfolio will always exhibit these characteristics as the portfolio manager can invest in the largest possible universe. Robeco BP Global Premium Equities's management is taken care of by Robeco Boston Partners. This wholly-owned U.S. Robeco subsidiary specializes in value-biased equity investing and boasts an excellent reputation. Boston Partners' investment policy is well known for its unique combination of value-oriented investing, thorough internal research and careful risk management. Wealth preservation comes first. Fund manager Christopher Hart and his team select stocks with a large market capitalization that show good value. The company's fundamentals must be sound. In the stock selection process, carefully developed models are used. Meetings with the companies' management and assessment of corporate data are other essential elements of the selection process.
Risk policy
Risk management is fully embedded in the investment process to ensure that the fund's positions remain within set limits at all times.
Expectation of fund manager
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}The underlying global fundamentals are favorable from a macroeconomic and corporate earnings perspective. Growth stocks and stocks with strong price momentum have led the market, presenting a headwind to our value-focused investment process. The market has also been upended by difficult-to-quantify risks from growing trade tensions, which are garnering more media attention and the attention of investors these days. We are cautiously optimistic that the worst projections will fall short of reality and are confident that the portfolio is well-positioned once value gains prominence again and trade disruptions fade.
Joshua Jones & Christopher Hart, CFA
Mr. Hart is a senior portfolio manager for Boston Partners Global Equity and International Equity products. Prior to this, he was the portfolio manager for the Boston Partners International Small Cap Value product and before that, an assistant portfolio manager for the Boston Partners Small Cap Value products for three years. Previously, he was a research analyst and specialized in conglomerates, engineering and construction, building, machinery, aerospace & defense, and REITs sectors of the equity market. He joined the firm from Fidelity Investments where he was a research analyst. Mr. Hart holds a B.S. degree in finance, with a concentration in corporate finance from Clemson University. He holds the Chartered Financial Analyst® designation. He has more than 25 years of investment experience. Mr. Jones is a portfolio manager on Boston Partners Global and International products. Prior to this role, he was a research analyst specializing in the energy, metals and mining sectors of the equity market and was a global generalist. He joined the firm from Cambridge Associates where he was a consulting associate specializing in hedge fund clients. Mr. Jones holds a B.A. degree in economics from Bowdoin College. He holds the Chartered Financial Analyst® designation. He has eleven years of investment experience.
Details
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}| Management company | Robeco Luxembourg S.A. |
| Fund capital | |
| Outstanding shares | |
| ISIN | LU1874123661 |
| Bloomberg | ROBM2HE LX |
| Valoren | |
| WKN | |
| Availability | IT, LU, SG, CH |
| 1st quotation date | 1537228800000 |
| Close financial year | 31-12 |
| Legal status | Investment company with variable capital incorporated under Luxembourg law (SICAV) |
| Reference index |
Cost of this fund
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Transaction costs |
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| The expected transaction costs are |
Performance fee |
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| This fund may also deduct a performance fee of |
Extra fees
| max entry fee | ||
| Max exit fee | ||
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| Max switch fee |
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.
