Robeco QI Emerging Markets Sustainable Active Equities Z EUR
About this fund
Price development
Price development
Performance
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}| Fund | Reference index | |
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| 1m | ||
| 3m | ||
| YTD | ||
| 1 year | ||
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| 3 years | ||
| 5 years | ||
| 10 years | ||
| {{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundPerformances.sinceStart.startDate,'MM-YYYY') ]}} |
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 | |
|---|---|---|
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 | ||
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| Max. monthly loss (%) |
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| 3 years | 5 years | ||
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| Hit ratio (%) | |||
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| Months outperformance Bull |
| Fund | Reference index | ||
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| Option Adjusted Modified Duration (years) | |||
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| Rating | |||
| Yield to Worst (%) |
Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
|---|---|---|
Fund Classification
| Yes | No | N/A | ||
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| Voting | ||||
| Engagement | ||||
| ESG integration | ||||
| Exclusion |
| Yes | No | N/A | ||
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| Screening | ||||
| Integration | ||||
| Sustainability Themed Fund |
Currency policy
Currency risk will not be hedged. Exchange-rate fluctuations will therefore directly affect the fund's share price.
Dividend policy
This share class of the fund does not distribute dividend. This share class of 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 nearly 4.000 companies from the annual RobecoSAM Corporate Sustainability Assessment. The average ESG score of the portfolio is required to be significantly higher than the ESG score of the benchmark. This ensures that stocks with high ESG scores are more likely to be overweighted in the portfolio than companies with poor ESG scores. In addition, the environmental footprint is reduced by restricting the GHG emissions, energy consumption, water use & waste generation at levels 20% below the benchmark. As a result stocks with relatively low footprints have a higher probability of being overweighted in the portfolio compared to stocks with poor environmental footprints. Thirdly, the fund will not invest in companies involved in military contracting, controversial weapons, fire arms, child labour, tobacco, gambling, adult entertainment and alcohol as measured according to strict revenue thresholds. Also restrictions will be applied to companies with high thermal coal related revenues. As a signatory to the UN Principles for Responsible Investments, Robeco's dedicated Governance and Active Ownership department conducts engagement activities based on International Corporate Governance Network (ICGN) objectives.
Investment policy
Robeco QI Emerging Markets Sustainable Active Equities invests in stocks of companies in emerging markets throughout the world. The fund uses Robeco's proprietary emerging markets quantitative stock selection model. This model ranks stocks on their expected future relative performance using valuation (including quality) and momentum factors. Highly ranked stocks are overweighted against the benchmark, whereas low-ranked stocks are underweighted. The fund selects the most attractive stocks out of approximately 600 liquid emerging markets stocks, based on market capitalization and trading volume, with lower trading costs. The Sub-fund aims for an improved environmental footprint and a better sustainability profile compared to the benchmark by integrating ESG factors. 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 into 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 | |
| Fund capital | |
| Outstanding shares | |
| ISIN | LU1821198063 |
| Bloomberg | ROBQEZE LX |
| Valoren | |
| WKN | |
| Availability | |
| 1st quotation date | 1527120000000 |
| Close financial year | 31-12 |
| Legal status | |
| Tracking error limit (%) | |
| Reference index |
Cost of this fund
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundCosts.managementFees.date,'llll') ]}}Ongoing charges |
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| This fund deducts ongoing charges of |
| These charges comprise | ||
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| Management fee | ||
| Service fee | ||
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 | ||
| Max sub fee | ||
| 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.
