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Sustainable Pension Return II X EUR

ISIN: NL0013689276
  • Focus on capital accumulation over the longer term
  • Well diversified portfolio, mainly in negotiable securities
  • Customized pension solution
Asset class
Current price ()
Performance YTD ()
Currency EUR
Total size of fund ()
Dividend payingYes

About this fund

Sustainable Pension Return II is a fund-of-funds with a mix of investment categories and underlying funds. The aim is to achieve a responsible return. The fund is not linked to a benchmark and strives to realize a better risk-return ratio than an equity portfolio. By spreading the investments across various categories including real estate and corporate bonds as well as equities, the fund achieves an optimally diversified mix. The underlying investment funds are provided by fund houses that include sustainability in their investment decisions and are at the forefront in this respect.

Price development

No performance data available

Price development

Sustainable Pension Return II X EUR

Performance

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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

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Dividend paying history

Date Amount

Market development

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In June, the impact of the easing of lockdown measures started to become visible. The gradual recovery of economic activity started to show in the economic numbers. A wide spectrum of data started to handsomely beat consensus expectations. A sharp increase in global car sales and strong retail sales show that consumers are willing to spend. While encouraging, it must be stressed that uncertainty remains. Capacity utilization rates are near cyclical lows. Employment data remain inconclusive. A positive is that on both sides of the Atlantic consumer and producer confidence is improving. A major risk for the recovery remains the pandemic. Financial markets remain torn between an improving economic backdrop and news on the virus outbreak. Both central banks and governments continued to provide support and as such remain an important backstop. Almost all major asset classes delivered positive returns this month. The exception was hard currency emerging market debt. The best-performing asset classes were emerging market equities and commodities. Oil in particular had a good month.

Fund allocation

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Name Sector Weight
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Fund Classification

YesNoN/A 
Voting
Engagement
ESG integration
Exclusion
YesNoN/A 
Screening
Integration
Sustainability Themed Fund

Currency policy

All currency risks are open.

Dividend policy

In principle, this share class of the fund does distribute dividend.

ESG Integration policy

The Pensioen Opbouw fund invests mainly in funds offered by the Robeco Group and Northern Trust. Robeco aims to include ESG factors in its investment decisions. However, most investments involve the indirect integration of ESG factors. The goal is to integrate the ESG factors right across the portfolio composition. Sustainability can be a decisive factor in the fund-selection process. For the sustainability policy of the Northern Trust funds, please refer to the website of Northern Trust.

Investment policy

Sustainable Pension Return II is a fund-of-funds with a mix of investment categories and underlying funds. The aim is to achieve a responsible return. The fund is not linked to a benchmark and strives to realize a better risk-return ratio than an equity portfolio. By spreading the investments across various categories including real estate and corporate bonds as well as equities, the fund achieves an optimally diversified mix. The underlying investment funds are provided by fund houses that include sustainability in their investment decisions and are at the forefront in this respect.

Risk policy

Active. Risk-management systems constantly monitor the deviation of the portfolio from the benchmark, thus avoiding extreme positions.

Expectation of fund manager

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The funds are managed against fixed strategic weights for global equities (55%), real estate (20%), emerging market equities (15%) and high yield bonds (10%). We do not apply any kind of active management. Currency exposure for the fixed income part of the portfolio is hedged.

Jeroen Blokland, Ernesto Sanichar
Jeroen Blokland, Ernesto Sanichar

Jeroen Blokland, Ernesto Sanichar

Mr. Jeroen Blokland is Portfolio Manager with Robeco within the Robeco Global Allocation team. Jeroen is portfolio manager of the Robeco Pension Return Portfolio since the launch in March 2012. Prior to joining the Robeco Global Allocation team, he was employed by IRIS, the independent Institute for Research and Investment Services of Robeco and Rabobank, as an Investment strategist since 2005. He started his career at Interpolis in 2002, where he held a position as asset manager and investment strategist. Jeroen holds a Master's degree in Economics from Erasmus University, Rotterdam. Ernesto Sanichar is Portfolio Manager with a focus on pension fund mandates. His asset specialties are fixed income and FX. He has been part of Robeco's Investment Solutions department since 2005. Previously, he was Treasury Manager for four years. Prior to joining Robeco in 2001, Ernesto worked at ING Barings as a Product controller at the cash equities and derivatives desk for three years. Ernesto started his career in the investment industry in 1998. He holds a Master's in Financial Economics from Erasmus University Rotterdam.

Details

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Management company
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ISINNL0013689276
Bloomberg
Valoren
WKN
Availability
1st quotation date1573776000000
Close financial year31-12
Legal status
Tracking error limit (%)
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
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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.