Global SDG Equities D EUR - LU2145460353

Key points

Investing in a diversified portfolio of companies that make a significant positive contribution to the 17 UN Sustainable Development Goals
Technological progress, regulation and consumer awareness create new markets for sustainable companies with innovative products and services
Leveraging Robeco’s pioneering SDG Framework developed in 2017

About this fund

Robeco Global SDG Equities is an actively managed fund that invests globally in companies that take action to advance the UN Sustainable Development Goals. 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 throughout the investment process. It uses as an internally developed framework (more information on which can be found at www.robeco.com/si) to identify companies whose products and services create a material positive impact on the SDGs.

Key facts

Per 31-08-2025

Total size of fund	EUR 172,006,765.38
Size of share class	EUR 45,464,799.76
Inception date share class	2020-10-29
1-year performance	-0.51%
Dividend paying	No

Fund manager

Christoph Wolfensberger

Christoph Wolfensberger is Portfolio Manager and member of the Global Equity team . He is also Lead Portfolio Manager of Robeco's Global SDG Equities strategy. He has over 10 years' experience in sustainability investing. Prior to this, Christoph was a Quantitative Analyst covering sustainability/impact investing within Robeco's Products & Engineering Team, with a focus on customized solutions as well as portfolio optimization. He holds a Master's in Chemistry and in Business Studies from the University of Zurich.

Per period	Fund	Reference index
1 month	-0.82%	0.33%
3 months	1.56%	5.15%
YTD	-1.91%	0.65%
1 year	-0.51%	9.39%
2 years	10.36%	15.53%
3 years	8.39%	12.65%
5 years	9.07%	13.38%
Since inception 12/2017	8.34%	11.26%

Statistics	3 years	5 Years
Tracking error ex-post (%) The ex-post tracking error is defined as the volatility of the fund's achieved excess return over the index return. In fund management, most managers are subject to an ex-ante (pre-determined) tracking error, which defines the extent of the additional risk they may take when aspiring to outperform the fund's benchmark. The ex-post tracking error explains the distribution of past fund performances compared to those of its underlying benchmark. With a higher tracking error, the fund's returns deviate more from its index's returns, hence there is a greater chance that the fund may outperform. The wider the spread of returns relative to the benchmark, the more "actively" a fund has been managed. In contrast, a low tracking error indicates more "passive" management.	4.09	4.23
Information ratio This ratio serves to evaluate the quality of the excess return a fund manager has achieved because it takes the active risk involved into account. The information ratio is defined as the excess return over the benchmark return divided by the fund's tracking error. The higher the information ratio, the better. For example, a fund with a tracking error of 4% and an excess return of 2% over benchmark has an information ratio of 0.5, which is quite good.	-0.62	-0.59
Sharpe ratio This ratio measures the risk-adjusted performance and allows the performance quality of different investments to be compared. It is calculated by subtracting the risk-free rate from the fund's returns and dividing the result by the fund's standard deviation (risk). So the Sharpe ratio tells us whether a fund's returns are the result of smart investment decisions or stem from taking extra risk. The higher the ratio, the better, meaning that a greater return is achieved per unit of risk. This ratio is named after its inventor, Nobel Laureate, William Sharpe.	0.67	0.80
Alpha (%) Alpha measures the difference between a portfolio's actual return and its expected performance, given the level of risk, compared to the benchmark. A positive alpha figure indicates that the fund has performed better than expected, given the level of risk. Beta is used to calculate the level of risk compared to the benchmark..	-0.48	-0.32
Beta Beta is a measure of a portfolio's volatility, or systematic risk, in comparison to the benchmark. A beta of 1 indicates that the portfolio will move with the benchmark. A beta of less than 1 means that the portfolio will be less volatile than the benchmark. A beta of more than 1 indicates that the portfolio will be more volatile than the benchmark. For example, if a portfolio's beta is 1.2 it is theoretically 20% more volatile than the benchmark.	0.79	0.82
Standard deviation Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread out the data is, the higher the deviation. In finance, standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility (risk).	10.76	11.75
Max. monthly gain (%) The maximum (i.e. highest) absolute positive monthly performance in the underlying period.	4.97	8.66
Max. monthly loss (%) The maximum (i.e. highest) absolute negative monthly performance in the underlying period.	-6.66	-6.66

Cost of this fund	Percentage
Ongoing charges Indication of annual charges that are deducted for this fund. This indication is based on the costs over the last calendar year and may vary from year to year. Transaction costs incurred by the fund, any performance fees and other one-off costs are not included in the ongoing charges.	1.61%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	1.40%
Included service fee This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.16%
Transaction costs The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.05%

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.

Policies

Per 31-08-2025

Profile

Per 31-08-2025

ESG IntegrationVotingTarget Universe

Sustainability

Per 31-08-2025

The fund’s sustainable investment objective is to advance the United Nations Sustainable Development Goals (SDGs). SDG and sustainability considerations are incorporated in the investment process by the means of a target universe, exclusions and ESG integration. The fund solely invests in stocks issued by companies with a medium or high positive impact on the SDGs. The impact of issuers on the SDGs is determined by applying Robeco's internally developed three-step SDG Framework. The outcome is a quantified contribution expressed as an SDG score, considering both the contribution to the SDGs (positive, neutral or negative) and the extent of this contribution (high, medium or low). Furthermore, the fund does not invest in stock issuers that are in breach of international norms or where activities have been deemed detrimental to society following Robeco's exclusion policy. Financially material ESG factors are integrated in the bottom-up fundamental investment analysis to assess existing and potential ESG risks and opportunities. In addition, where a stock issuer is flagged for breaching international standards in the ongoing monitoring, the issuer will become subject to exclusion. Lastly, the fund makes use of shareholder rights and applies proxy voting in accordance with Robeco's proxy voting policy.For more information please visit the sustainability-related disclosures.The index used for all sustainability visuals is based on MSCI World Index TRN.

Market development

Per 31-08-2025

The Federal Reserve is widely expected to cut interest rates in September 2025, driven by softening labor market data and political pressures. Market pricing shows an over 80% chance of a quarter-point cut, with several more cuts anticipated through 2026. However, some analysts caution that the odds are closer to 50-50, due to persistent inflation and economic resilience. Fed Chair Powell has signaled openness to rate cuts but emphasizes a cautious, data-dependent approach amid ongoing uncertainties.

Performance explanation

Per 31-08-2025

Based on transaction prices, the fund's return was -0.82%. In August, the fund lagged the MSCI World Index due to negative stock selection in materials, industrials, and information technology, notably lacking Apple. Fortinet detracted despite strong earnings, weighed down by growth concerns. RELX also fell amid AI-related fears. Healthcare selections, led by AstraZeneca's strong results, and industrial stock TopBuild's margin gains, partially offset losses.

Expectation of fund manager

Christoph Wolfensberger

The economic environment remains challenging with elevated but slightly declining interest rates and uncertain policy paths. Rising geopolitical tensions and a protectionist US trade stance add market uncertainty. Valuations, especially in the US, are high, necessitating strong earnings growth for equities to deliver attractive returns. A bottom-up focus on companies with resilient fundamentals, SDG alignment, and attractive valuations is key, balancing growth and stability amid expected volatility and cyclicality.

Robeco Global SDG Equities D EUR

Actively contributing towards meeting the SDGs

Key points

About this fund

Key facts

Fund manager

Performance

Statistics

Costs

Fiscal product treatment

Fiscal treatment of investor

Fund allocation

Policies

Profile

Sustainability

Market development

Performance explanation

Expectation of fund manager

Fund documents

Annual and Semi-Annual Reports

Announcements

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