globalen
Image

Robeco Institutional Liability Driven Euro Core Government Bond 40 Fund

Index: Customized benchmark
ISIN: NL0009799246
  • Robeco has extensive experience in this type of overlay management and is a solid party with deep knowledge of the Dutch pension market. Robeco acts as sparring partner in the translation of Asset & Liability Matching studies towards a strategic investment portfolio.
  • Implementation of the chosen interest overlay strategy is done by state-of-the-art systems with a strong focus on operational and financial risk management.
  • Robeco offers liability matching tools in the form of stand-alone overlay management, in fund solutions and as hedged share class overlays.
Asset class
Current price ()
Performance YTD ()
Currency EUR
Total size of fund ()
Dividend payingNo

About this fund

Robeco Institutional Liability Driven Euro Core Government Bond 40 Fund invests mainly in government bonds issued in euros by EMU member states and in euro denominated bonds issued by government-related entities. The Fund’s objective is geared towards capital accumulation in the long term. The Fund mainly invests in bonds rated at least AA or with a comparable rating from at least one of the recognized rating agencies and also aims to invest in green bonds of government and government-related entities. In addition, the Fund can invest in interest-rate swaps, inflation swaps, bond futures, other fixed-income securities, debt titles and/or liquid assets. The ESG scores of countries are a integral part of our bottom-up analysis.

Price development

No performance data available

Price development

Robeco Institutional Liability Driven Euro Core Government Bond 40 Fund

Performance

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

Fund allocation

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

Currency policy

The portfolio holds euro-denominated investments only. No active currency policy is applied.

Dividend policy

The fund does not distribute dividend. The income earned by the fund is reflected in its share price. The fund's entire result is thus reflected in its share price development.

ESG Integration policy

The fund incorporates sustainability in its investment process by the means of ESG integration and targets for the ESG scores and the green bond allocation. The scope of issuers of bonds within the fund is very limited as it only holds positions in Core Euro government bonds. The fund integrates ESG factors of countries in the investment process based on Robeco's proprietary Country Sustainability Ranking and ensures the fund has on aggregate, a minimum average score of 7. The Corporate Sustainability Ranking scores countries on a scale from 1 (worst) to 10 (best) based on 40 environmental, social, and governance indicators. Besides incorporating the Country Sustainability Ranking, the fund allocates a minimum of 5% to green bonds.

Investment policy

Robeco Institutional Liability Driven Euro Core Government Bond 40 Fund invests mainly in government bonds issued in euros by EMU member states and in euro denominated bonds issued by government-related entities. The Fund’s objective is geared towards capital accumulation in the long term. The fund promotes E&S (i.e. Environmental and Social ) characteristics within the meaning of Article 8 of the European Sustainable Finance Disclosure Regulation, integrates sustainability risks in the investment process and applies Robeco’s Good Governance policy. The fund applies sustainability indicators, including but not limited to, region-based exclusions and invests partly in green bonds. The Fund mainly invests in bonds rated at least AA or with a comparable rating from at least one of the recognized rating agencies and also aims to invest in green bonds of government and government-related entities. In addition, the Fund can invest in interest-rate swaps, inflation swaps, bond futures, other fixed-income securities, debt titles and/or liquid assets. The ESG scores of countries are a integral part of the bottom-up analysis. Benchmark: Bloomberg Barclays Treasury AAA/AA market value weighted index. The Benchmark is not consistent with the ESG characteristics promoted by the Fund.

Risk policy

Risk management is fully integrated in the investment process to ensure that positions always meet predefined guidelines.

Sustainability profile

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}

Exclusions

ESG Integration

Engagement

Sustainability

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}

The fund incorporates sustainability in its investment process by the means of ESG integration and targets for the ESG scores and the green bond allocation. The scope of issuers of bonds within the fund is very limited as it only holds positions in Core Euro government bonds. The fund integrates ESG factors of countries in the investment process based on Robeco's proprietary Country Sustainability Ranking and ensures the fund has on aggregate, a minimum average score of 7. The Corporate Sustainability Ranking scores countries on a scale from 1 (worst) to 10 (best) based on 40 environmental, social, and governance indicators. Besides incorporating the Country Sustainability Ranking, the fund allocates a minimum of 5% to green bonds.

Remmert Koekkoek
Remmert Koekkoek

Remmert Koekkoek

Remmert Koekkoek is Head of Insurance and Pension Solutions within the Global Fixed Income Macro team. He has worked at Robeco since 2011. In the period 2010-2011 he was responsible for derivative overlay investment solutions for Dutch pension funds and insurance companies at Credit Suisse. Between 2005 and 2010 Remmert also worked in Robeco's Structured Investment team as a Trader. He started his career in the industry in 2004 at ING Risk Management. Remmert holds a Master's (cum laude) in Econometrics from Erasmus University Rotterdam.

Details

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}
Management company
Fund capital
Size of share class
Outstanding shares
ISINNL0009799246
BloombergRDECG40 NA
Valoren
WKN
Availability
1st quotation date1306713600000
Close financial year31-12
Legal status
Tracking error limit (%)
Morningstar
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

Professional investors are divided into pension funds and non-pension funds. Dutch pension funds may re-claim the 25% dividend tax deducted on cash dividends entirely. Dutch non-pension funds may deduct the 25% dividend tax deducted on cash dividends in their corporate income tax assessment. Dividend tax in that case is tax deducted at source. No tax is deducted at source on interest income. Thus, Dutch pension funds do not owe taxes on interest income. Dutch non-pension funds should specify interest income in their corporate income tax assessment.

Logo

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