globalen
Image

RobecoSAM Smart Mobility Equities D USD

Index: MSCI World Index TRN
ISIN: LU2145465584
  • Participates in megatrends such as the electrification of transportation and autonomous driving.
  • Focuses on technology leaders and market disruptors with outstanding long-term growth opportunities in smart mobility value chains.
  • Particularly appealing for investors will a horizon of at least three to five years.
Asset class
Current price ()
Performance YTD ()
Currency USD
Total size of fund ()
Dividend payingNo

About this fund

RobecoSAM Smart Mobility Equities is an actively managed fund that invests globally in companies that benefit from the emerging megatrend of electric vehicles. The selection of these stocks is based on fundamental analysis. The fund's objective is to achieve a better return than the index. The strategy integrates sustainability criteria as part of the stocks selection process and through a theme specific sustainability assessment. The portfolio is built on the basis of an eligible investment universe that includes companies whose business models contibute to the thematic investment objectives. The assessment regarding relevant SDGs uses an internally developed framework about which more information can be obtained via the website www.robeco.com/si.

Price development

No performance data available

Price development

RobecoSAM Smart Mobility Equities D USD

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.

Performance explanation

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

Based on transaction prices, the fund's return was 2.31%. The lithium mining company Albemarle continued to benefit from rising lithium prices, driven by a strong demand trajectory for the second half of 2021 and next year. The power electronics components supplier ON Semi beat estimates, and gave a promising long-term growth outlook in advanced safety in the coming years. It also acquired a silicon carbide producer. Power Integrations' performance also continued after the good earnings last month. In Connectivity, NXP delivered an in-line quarter, but increased guidance above expectations on strong demand across all end markets. Vehicle supplier and active safety components driver-assist systems car supplier Aptiv reported weaker-than-estimated earnings. The company still expects to grow well above market, thanks to high-voltage products.The Chinese EV manufacturer XPeng continued on a rebound after the Chinese scrutiny on technology companies receded and as it reported quarterly numbers and offered guidance that was above consensus for the third quarter. BYD reported weaker margins, but is expected to grow further and also sell LFP batteries to other companies, showing good stock performance.

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 (%)

Market development

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

Global stock markets continued their upward path and reached new all-time highs. Initial fears about a potential tapering announcement caused some nervousness ahead of the Jackson Hole meeting. Consistent messaging from the Fed – no surprise – led to a recovery in the second half of the month. Financial conditions remain very supportive and real interest rates remain close to their lows. Corporate earnings in Q2 were very strong and most companies beat expectations, which led to a further earnings upgrade for this year. The Smart Mobility theme continued to be attractive, as the transformation of the automotive industry towards electrification maintained its momentum. Notably, the European electric vehicles (EV) market is continuing strongly, with more new models set to enter the market in the second half of the year. The US market may increase above our expectations, as the infrastructure bill is likely to support EV charging and offer subsidies for EVs.

Fund allocation

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

Currency policy

The fund is allowed to pursue an active currency policy to generate extra returns and can engage in currency hedging transactions.

Dividend policy

In principle the fund does not intend to distribute dividend and so both the income earned by the fund and its overall performance are reflected in its share price.

ESG Integration policy

The RobecoSAM Smart Mobility Equities strategy invests in companies that benefit from secular trends in urbanization, electrification, and automation that are driving sustainable solutions in mobility and transportation. It employs systematic, bottom-up stock selection that combines proprietary Environmental, Social & Governance (ESG) data and research throughout the investment process. ESG criteria for exclusions and theme-specific suitability are applied during universe construction. An in-house Sustainability Investing (SI) research team integrates financially-material sector and company-specific sustainability analysis into investment cases. A dedicated thematic equity team incorporate SI research within fundamental analysis and stock valuations. Impact assessments of controversial incidences affecting portfolio holdings provide additional risk management. An active ownership and engagement team interacts directly with company management of fund holdings, offering additional channels for sustainable impact.

Investment policy

RobecoSAM Smart Mobility Equities is an actively managed fund that invests globally in companies that benefit from the emerging megatrend of electric vehicles. The selection of these stocks is based on fundamental analysis. The fund's objective is to achieve a better return than the index. The fund has sustainable investment as its objective within the meaning of Article 9 of the European Sustainable Finance Disclosure Regulation. The fund furthes the decarbonization of the global transportation sector through investments in its electrification by investing in companies that advance the following UN Sustainable Development Goals (UN SDGs): Affordable and Clean Energy goal, Decent work and economic growth, Industry, innovation and infrastructure, Sustainable cities and communities, and Responsible consumption and production. The fund integrates ESG (i.e. Environmental, Social and corporate Governance) in the investment process, applies an exclusion list basis controversial behavior, products (including controversial weapons, tobacco, palm oil and fossil fuel) while avoiding investment in thermal coal, weapons, military contracting and companies that severely violate labor conditions, next to voting and engaging.The strategy integrates sustainability criteria as part of the stocks selection process and through a theme specific sustainability assessment. The portfolio is built on the basis of an eligible investment universe that includes companies whose business models contibute to the thematic investment objectives. The assessment regarding relevant SDGs uses an internally developed framework about which more information can be obtained via the website www.robeco.com/si. The majority of stocks selected will be components of the Benchmark, but stocks outside the Benchmark may be selected too. The investment policy is not constrained by a benchmark but the fund may use a benchmark for comparison purposes. The fund can deviate substantially from the issuer, country and sector weightings of the Benchmark. There are no restrictions on the deviation from the Benchmark. The Benchmark is a broad market weighted index that is not consistent with the sustainable objective of the fund.

Risk policy

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

Sustainability profile

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

Exclusions++

Full ESG Integration

Voting & Engagement

Target Universe

SDG Contribution

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

The SDG score shows to what extent the portfolio and the benchmark contribute to the 17 UN Sustainable Developments Goals (SDGs). Scores are assigned to each underlying company using the Robeco SDG Framework, which utilizes a three-step approach to calculate a company’s contribution to the relevant SDGs. The starting point is an assessment of the products offered by a company, followed by the way in which these products are produced, and finally whether the company is exposed to any controversies. The outcome is expressed in a final score which shows the extent to which a company impacts the SDGs on a scale from highly negative (dark red) to highly positive (dark blue). The bar shows the aggregate percentage exposure of the portfolio and the benchmark (shaded) to the different SDG scores. This is then also split out per SDG. As a company can have an impact on several SDGs (or none), the values shown in the report do not sum to 100%. More information on Robeco’s SDG Framework can be found at: https://www.robeco.com/docm/docu-robeco-explanation-sdg-framework.pdf

CGF ECAR_20210831-CGF ECAR_20210831-sdgAggregateImpact.png
CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact1_noPoverty.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact2_zeroHunger.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact3_goodHealthAndWellBeing.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact4_qualityEducation.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact5_genderEquality.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact6_cleanWaterAndSanitation.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact7_affordableAndCleanEnergy.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact8_decentWorkAndEconomicGrowth.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact9_industryInnovationAndInfrastructure.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact10_reducedInequalities.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact11_sustainableCitiesAndCommunities.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact12_responsibleConsumptionAndProduction.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact13_climateAction.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact14_lifeBelowWater.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact15_lifeOnLand.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact16_peaceJusticeAndStrongInstitutions.png CGF ECAR_20210831-CGF ECAR_20210831-sdgIndividualImpact17_partnershipForTheGoals.png

ESG integration policy

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

The RobecoSAM Smart Mobility Equities strategy invests in companies that benefit from secular trends in urbanization, electrification, and automation that are driving sustainable solutions in mobility and transportation. It employs systematic, bottom-up stock selection that combines proprietary Environmental, Social & Governance (ESG) data and research throughout the investment process. ESG criteria for exclusions and theme-specific suitability are applied during universe construction. An in-house Sustainability Investing (SI) research team integrates financially-material sector and company-specific sustainability analysis into investment cases. A dedicated thematic equity team incorporate SI research within fundamental analysis and stock valuations. Impact assessments of controversial incidences affecting portfolio holdings provide additional risk management. An active ownership and engagement team interacts directly with company management of fund holdings, offering additional channels for sustainable impact.

Expectation of fund manager

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

The worldwide economic recovery is continuing at a robust pace. While certain supply chains are expected to remain tight throughout the second half of the year, the current inflationary pressure is still considered to be fairly temporary, allowing the central banks to maintain a rather dovish stance. Overall, this should continue to prove supportive for the overall stock markets. The fund management remains constructive on the mid to long-term prospects of the markets.

Pieter Busscher, CFA
Pieter Busscher, CFA

Pieter Busscher, CFA

Pieter Busscher is the Lead Portfolio Manager responsible for the RobecoSAM Smart Materials Equities and RobecoSAM Smart Mobility Equities strategies. He focuses on sustainable growth opportunities in new materials, efficiency technologies, reuse of resources and new mobility solutions. He joined Robeco in 2007 as a Deputy Portfolio Manager for the Sustainable Water strategy. Pieter became the Lead Portfolio Manager for Smart Materials in 2009 and Deputy Portfolio Manager for Smart Mobility at its launch in 2018. Prior to joining Robeco, he worked at Credit Suisse Asset Management in Zurich. He studied International Business at RSM Erasmus University and Banking and Finance at the University of St. Gallen and is a CFA charterholder.

Details

{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}
Management company
Fund capital
Size of share class
Outstanding shares
ISINLU2145465584
BloombergRSSMEDU LX
Valoren55742718
WKNA2QD26
Availability
1st quotation date1603929600000
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 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.

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