Robeco QI Global Developed Sustainable Enhanced Index Equities I CHF
- Offers exposure close to an index, with an improved sustainability and risk-return profile
- Diversified exposure to an integrated multi-factor stock selection model
- Using proven return factors value, quality and momentum, with improved ESG profile and lower environmental footprints
Enhanced Indexing offers all the benefits of passive investing, while compensating for its many disadvantages.
More about enhanced indexing
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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| {{'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.
Performance explanation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}Based on transaction prices, the fund's return was 11.05%. The objective of the Developed Markets Sustainable Enhanced Indexing strategy is to offer investors exposure close to an index, with an improved sustainability and risk-return profile. The strategy applies a large number of small overweight and underweight positions versus the index, resulting in a low tracking error. The portfolio consists of roughly 750 developed markets stocks and overweights stocks with an enhanced sustainability profile, an attractive valuation, a profitable operating business, a strong price momentum and positive recent revisions from analysts. The portfolio's ESG score is significantly better than the index, while footprints for water use, greenhouse gas emissions, waste generation and energy consumption are reduced. By using our integrated multi-factor stock selection model, we expect the strategy to consistently outperform the index.
Statistics
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Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
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Fund Classification
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| Voting | ||||
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| Exclusion |
| Yes | No | N/A | ||
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| Sustainability Themed Fund |
Currency policy
The fund aims for currency exposures that are close to the benchmark.
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
Environmental, Social and Governance (ESG) factors are systematically integrated in the highly disciplined investment process, by using the ESG scores from the SAM Corporate Sustainability Assessment. The ESG integration aims for a total ESG score of the portfolio that is at least 20% higher than the index. 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. In addition, the environmental footprint of the fund is improved by restricting the GHG emissions, water use and waste generation, aiming for minimal 20% stricter levels than the index. As a result stocks with relatively low footprints have a higher probability of being selected in the portfolio compared to stocks with poor environmental footprints. Thirdly, the fund will not invest in companies exposed to the following controversial sectors or business practices: military contracting, controversial weapons, fire arms, UN Global Compact breaches, tobacco, palm oil, nuclear power, thermal coal, arctic drilling and oil sands, according to strict revenue thresholds.
Investment policy
Robeco QI Global Developed Sustainable Enhanced Index Equities invests in stocks of companies in developed markets. The selection of these stocks is based on a quantitative model. The fund's objective is to provide a superior sustainability and risk-return profile, by applying a large number of small over- and underweight positions with respect to the index. The fund aims to gain a well-diversified exposure to an integrated multi-factor stock selection model consisting of proven return factors such as value, quality and momentum. The portfolio overweights stocks with an attractive valuation, a profitable operating business, strong price momentum, and positive recent revisions from analysts. The portfolio aims for a significantly better ESG score than the index and reduced footprints for water use, greenhouse gas emissions, waste and energy.
Risk policy
Risk management is fully integrated in the investment process to ensure that positions always meet predefined guidelines.
Wilma de Groot, Tim Dröge, Machiel Zwanenburg, Jan de Koning, Yaowei Xu, Han van der Boon, Thijs van der Valk
Mrs. De Groot is Head of Core Quant Equities and responsible for managing Enhanced Indexing and Active Quant strategies. She specializes in asset pricing anomalies and portfolio construction. Mrs. de Groot joined Robeco as a Researcher in 2001 and is a Portfolio Manager since 2014. She has published in various academic publications including the Journal of Banking and Finance, Journal of International Money and Finance, Journal of Empirical Finance and Financial Analysts Journal. She is a guest lecturer at several universities. Mrs. de Groot graduated in Econometrics from Tilburg University. She has a PhD in Finance from Erasmus University Rotterdam and is a CFA® charter holder. She has 17 years of experience in the investment industry. Mr. Dröge is a Portfolio Manager within the Core Quant Equities team. He is responsible for managing Enhanced Indexing and Active Quant strategies. He specializes in portfolio management Emerging Markets. Previously, he held positions as Portfolio Manager Balanced Investments and Account Manager institutional clients. Mr. Dröge has been working as a Portfolio Manager since 2001. He started his career at Robeco in 1999. He holds a Master's degree in Business Economics from Erasmus University Rotterdam. He has 19 years of experience in the investment industry. Mr. Zwanenburg is a Portfolio Manager within the Core Quant Equities team. He is responsible for managing Enhanced Indexing and Active Quant strategies. Mr. Zwanenburg specializes in portfolio management with sustainability integration. Previously, he held positions as Risk Manager RobecoSAM and Head of Client Portfolio Risk at Robeco. He joined Robeco in 1999 as a member of the Quantitative Research department. He holds a Master's degree in Econometrics from Erasmus University Rotterdam and a Master's degree in Economics from the London School of Economics and Political Science. He has 19 years of experience in the investment industry. Mr. De Koning is a Portfolio Manager within the Core Quant Equities team. He is responsible for managing Enhanced Indexing and Active Quant strategies. He started his investment career in 2005 with Centuria Capital and was a Portfolio Manager at Somerset Capital Partners. Before joining Robeco in January 2015 he worked as a fiduciary manager at NN Investment Partners. Jan is a graduate from the University of Tilburg and holds a Master's degree in Organizational Studies and is the author of a book on quantitative investing which is translated into several languages. He is a CFA®, CAIA®, CIPM® and CMT charter holder. He has 13 years of experience in the investment industry. Ms. Xu is a Portfolio Manager Quant Equities at Robeco. She is responsible for Robeco’s Conservative, Enhanced Indexing and Active Quant strategies. Ms. Xu specializes in portfolio management Emerging Markets. She started her investment career in 2004 with ABN AMRO Asset Management in The Netherlands as Portfolio Risk Manager performing quantitative risk modelling and analysis for equity portfolios. In 2006 she became Telecommunication and Utilities Analyst for Global Emerging Market Equity. In 2008 she joined Pelargos Capital BV in the Netherlands as Senior Portfolio Manager to co-manage the long/short hedge fund focusing on Asia Pacific ex Japan equities. She joined the Robeco Emerging Markets team in 2014 to focus on Greater China equities. In March 2018 she joined the Robeco Quantitative Equities team. She holds a degree of Master of Science in Financial Management from Nyenrode Business University, The Netherlands. She has 14 years of experience in the investment industry. Mr. Van der Boon is Portfolio Manager within the Core Quant Equities team. He was a Technical Portfolio Manager and Operational Portfolio Manager with a focus on equities in the period 2009-2018. He joined Robeco in 1997 as a Business Controller. He holds a Master's in Business Administration from Erasmus University Rotterdam.Thijs van der Valk is Portfolio Ma
Details
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}| Management company | |
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| ISIN | LU1793227817 |
| Bloomberg | RQSEIIC LX |
| Valoren | 40916146 |
| WKN | |
| Availability | |
| 1st quotation date | 1522108800000 |
| Close financial year | 31-12 |
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Cost of this fund
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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.
