united kingdomen
Image

RobecoSAM Smart Energy Equities G GBP

Index: MSCI World Index TRN
ISIN: LU2145462565
  • Long-term growth potential — Participate in the megatrend of electrification of energy supply & benefit from the transition to new ways of producing, distributing and managing energy.
  • Focus on solution providers — Invest in the technology leaders and innovative winners of this global revolution
Asset class
Current price ()
Performance YTD ()
Currency GBP
Total size of fund ()
Dividend payingYes

About this fund

RobecoSAM Smart Energy Equities is an actively managed fund that invests globally in companies that provide competitive and sustainable solutions to the growing need for reliable, clean & affordable energy supply. 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 Energy Equities G GBP

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)
Initial charges or eventual custody charges which intermediaries might apply are not included.
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)
Initial charges or eventual custody charges which intermediaries might apply are not included.
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 5.64%. Thin-film solar module maker First Solar was among the strongest contributors to the return in October. The company is benefiting from an improved demand outlook for solar modules and an improving pricing environment. Silicon Labs positively surprised the market with the outlook for its IoT business, growing north of 20%. This mitigated investor concerns that the sale of the profitable automotive business to Skyworks would negatively impact the business model. Chinese EV manufacturer XPeng performed well last month on positive commentary regarding growth and delivering an outlook on its technology day. Among the negative contributions, public transport supplier Alstom dropped lower, as the integration challenges linked to the Bombardier Transportation deal continued, causing a stronger-than-expected working capital outflow. Wacker Chemie traded slightly lower after reporting stellar Q3 results. Investors are concerned about the sustainability of the currently very high profitability levels, particularly in the company's solar polysilicon business.

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 (%)

Dividend paying history

Date Amount

Market development

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

Global stock markets rebounded strongly and reached new all-time highs during the month. Overall economic growth continues to be robust and financial conditions remain very loose. The ECB confirmed its timeline that it will start tapering no earlier than March next year, while Canada surprisingly announced a faster-than-expected quantitative easing exit. Corporate earnings in Q3 continued to surprise on the upside, which led to a further earnings upgrade for this year. However, many companies continue to experience component shortages. Contrary to earlier expectations of semiconductor supply improving into H2, foundries now warn of chip tightness lasting far into 2022, impacting consumer electronics like smartphones as well. The car industry is still hit the hardest, with expected lost sales of USD 210 bln in 2021 due to chip shortages. Renewable energy stocks performed strongly ahead of the COP26 climate conference in November.

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, this share class of the fund does distribute dividend.

ESG Integration policy

The RobecoSAM Smart Energy Equities strategy invests in companies that provide competitive and sustainable solutions to the growing need for clean, efficient, and reliable energy production and consumption. 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 Energy Equities is an actively managed fund that invests globally in companies that provide competitive and sustainable solutions to the growing need for reliable, clean & affordable energy supply. 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 furthers the decarbonization of the global energy sector through investments in clean energy sources, energy efficient products and infrastructure and by the electrification of the industrial, transportation and heating sectors. This is done 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, Responsible consumption and production and Climate action. 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 predefined 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 ENER_20211031-CGF ENER_20211031-sdgAggregateImpact.png
CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact1_noPoverty.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact2_zeroHunger.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact3_goodHealthAndWellBeing.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact4_qualityEducation.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact5_genderEquality.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact6_cleanWaterAndSanitation.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact7_affordableAndCleanEnergy.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact8_decentWorkAndEconomicGrowth.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact9_industryInnovationAndInfrastructure.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact10_reducedInequalities.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact11_sustainableCitiesAndCommunities.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact12_responsibleConsumptionAndProduction.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact13_climateAction.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact14_lifeBelowWater.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact15_lifeOnLand.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact16_peaceJusticeAndStrongInstitutions.png CGF ENER_20211031-CGF ENER_20211031-sdgIndividualImpact17_partnershipForTheGoals.png

ESG integration policy

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

The RobecoSAM Smart Energy Equities strategy invests in companies that provide competitive and sustainable solutions to the growing need for clean, efficient, and reliable energy production and consumption. 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') ]}}

Global economic recovery is continuing at a robust pace. While certain supply chains are expected to remain tight throughout the second half of the year and might extend into 2022, the current inflationary pressure is still considered to be fairly temporary, allowing the central banks to maintain a rather dovish stance. Later this year, the Fed might start tapering, but will keep interest rates unchanged. 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. The continuing low global interest rate environment should further support the buildout of renewable energy, and incentivize investment in energy efficiency and electrification of the power system. Policy support globally is likely to remain strong with the latest IPCC climate report call for more and earlier action. The upcoming COP 26 conference in Glasgow might act as a catalyst for further policy action and corporate commitments to decarbonize. The rising carbon and power prices give corporates and governments even more incentive and confidence to invest in decarbonization sooner rather than later.

Roman Boner, CFA
Roman Boner, CFA

Roman Boner, CFA

Roman Boner is the Lead Portfolio Manager responsible for the RobecoSAM Smart Energy Equities strategy. Before joining Robeco in 2021, Roman was a Senior Portfolio Manager at Woodman Asset Management. Prior to that, he spent six years at Swisscanto (later part of Zurich Kantonalbank) as a Senior Portfolio Manager responsible for a sustainable global equity fund and co-manager of the thematic Global Water and Climate Fund. Roman started his career in 1996 at UBS working in different divisions including Private Banking, Asset Management and Trading. In 2003, he became Portfolio Manager at UBS Global Asset Management and, from 2005 onwards, focused on sustainable thematic equities strategies including Energy Efficiency and Climate change accounts. Roman graduated from the University of Applied Sciences Zurich in Economic and Business Administration 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
ISINLU2145462565
BloombergRSSEEGG LX
Valoren55751950
WKNA2QDZM
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

Please read this important information before proceeding further. It contains legal and regulatory notices relevant to the information contained on this website.

The information contained in the Website is NOT FOR RETAIL CLIENTS - The information contained in the Website is solely intended for professional investors, defined as investors which (1) qualify as professional clients within the meaning of the Markets in Financial Instruments Directive (MiFID), (2) have requested to be treated as professional clients within the meaning of the MiFID or (3) are authorized to receive such information under any other applicable laws. The value of the investments may fluctuate. Past performance is no guarantee of future results. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.

In the UK, Robeco Institutional Asset Management B.V. (“ROBECO”) only markets its funds to institutional clients and professional investors. Private investors seeking information about ROBECO should visit our corporate website www.robeco.com or contact their financial adviser. ROBECO will not be liable for any damages or losses suffered by private investors accessing these areas.

In the UK, ROBECO Funds has marketing approval for the funds listed on this website, all of which are UCITS funds. ROBECO is authorized by the AFM and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request.

Many of the protections provided by the United Kingdom regulatory framework may not apply to investments in ROBECO Funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service. No representation, warranty or undertaking is given as to the accuracy or completeness of the information on this website.

If you are not an institutional client or professional investor you should therefore not proceed. By proceeding please note that we will be treating you as a professional client for regulatory purposes and you agree to be bound by our terms and conditions.

If you do not accept these terms and conditions, as well as the terms of use of the website, please do not continue to use or access any pages on this website.

I Disagree