Robeco QI Emerging Markets Enhanced Index Equities I USD
- Aims to consistently outperform the benchmark, with a low tracking error
- Diversified exposure to an integrated multi-factor stock selection model
- Using proven return factors value, quality and momentum
Despite its popularity, passive investing isn’t offering investors the best available exposure to the equity markets. We argue that enhanced indexing may be an even better alternative.
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About this fund
Performance
Performance
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}| Subject | Fund | Reference index |
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| 10 years | ||
| {{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundFacts.inceptionDate,'LL') ]}} |
{{fund.fundPerformances.methode}} (total amount of return)
{{fund.fundPerformances.returnType}} (return before costs)
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{{fund.fundPerformancePeriods.returnType}} (return net of costs)
{{fund.fundPerformancePeriods.returnType}} (value of holdings in the fund at which they are traded)
Statistics
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundStatistics.date,'llll') ]}}| Subject | 3 years | 5 years | |
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| Subject | 3 years | 5 years | |
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| Subject | Fund | Reference index | |
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Fund Classification
| Description | Yes | No | N/A | |
|---|---|---|---|---|
| Voting | ||||
| Engagement | ||||
| ESG integration | ||||
| Exclusion |
| Description | Yes | No | N/A | |
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| Screening | ||||
| Integration | ||||
| Sustainability Themed Fund |
Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
|---|---|---|
Currency policy
Currency risk will not be hedged. Exchange-rate fluctuations will therefore directly affect the fund's share price.
Dividend policy
The fund does not distribute dividend. The fund retains any income that is earned, and so its entire performance is reflected in its share price.
ESG Integration policy
Environment, Social and Governance (ESG) factors are systematically integrated in the highly disciplined investment process, by using the ESG scores of the 4.000 largest companies from the annual RobecoSAM Corporate Sustainability Assessment. The ESG integration aims for an average ESG score of the portfolio at least as high as the ESG score of the benchmark. This ensures that stocks with higher ESG scores are more likely to be overweighted in the portfolio, while stocks of companies that have very poor ESG scores are more likely to be underweighted in the portfolio. With these portfolio construction rules we aim for an ESG profile of the fund that is above average compared to its peers. In addition, stocks with corporate governance issues or stocks that have major litigation or regulatory risk may be excluded from the investable universe. Next to ESG integration, Robeco has an exclusion policy and conducts proxy voting and engagement activities based on International Corporate Governance Network objectives.
Investment policy
Robeco QI Emerging Markets Enhanced Index Equities invests worldwide in large companies in emerging economies such as Korea, Taiwan, Poland and Brazil. The Fund implements a quantitative stock selection model which ranks stocks on their expected future relative performance using valuation (including quality) and momentum factors. The fund aims to outperform by taking positions that deviate from the benchmark within pre-defined risk limits. This Sub-fund may invest in China A-shares via the QFII and/or a Stock Connect Programme which may entail additional clearing and settlement, regulatory, operational and counterparty risks.
Risk policy
Risk management is fully integrated in the investment process to ensure that positions always meet predefined guidelines.
Tim Dröge, Wilma de Groot
Mr. Tim Dröge is a Senior Portfolio Manager with Robeco and a member of the Quantitative Equities team since 2006. He started his career in the investment industry in 1999 with Robeco as Account Manager institutional clients. In 2001 he became Portfolio Manager Balanced Investments. Tim holds a Master's degree in Business Economics from Erasmus University Rotterdam. Mrs. De Groot is a Portfolio Manager within the Quantitative Equities team. Her primary focus is Robeco's quantitative emerging market strategies. She specializes in quantitative stock selection and portfolio construction. Mrs. de Groot joined Robeco as a Researcher in 2001. She has published among others in Journal of Banking and Finance, Financial Analysts Journal and VBA Journaal, and she is a guest lecturer at several universities. Mrs. de Groot graduated in Econometrics from Tilburg University. She is a CFA charter holder.
Details
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}| Management company | Robeco Luxembourg S.A. |
| Fund capital | |
| Outstanding shares | |
| ISIN | LU0746585719 |
| Bloomberg | ROEEIIU LX |
| Valoren | 14965483 |
| WKN | A1JTYA |
| Availability | AT, FR, DE, IT, LU, SG, ES, GB |
| 1st quotation date | 1332892800000 |
| Close financial year | 31-12 |
| Legal status | Investment company with variable capital incorporated under Luxembourg law (SICAV) |
| Morningstar | |
| Reference index |
Cost of this fund
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundCosts.managementFees.date,'llll') ]}}Ongoing charges |
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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
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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 0.01% 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.
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. 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.
