Robeco Credit Income IBxH SGD

Targeting a consistent level of income by investing in companies that contribute to the SDGs

Share classes Share classes Every share class of a product invests in the same portfolio of securities and has the same investment objectives and policies. However, their parameters might deviate. For instance and amongst others, their distribution type, currency exposure or fees and expenses might differ. The most common share classes at Robeco are: a) D/DH shares, which are regular shares and available for all Investors; b) I/IH shares, for institutional investors as defined from time to time by the Luxembourg supervisory authority. For more information on share classes please go to the prospectus.

Class and codes

Asset class
Bonds
ISIN
LU2292537946
Bloomberg
ROSCIIS LX

Asset class

Bonds

ISIN

LU2292537946

Bloomberg

ROSCIIS LX

Reference index

1/3 Bbg Global Agg Corp Index + 1/3 Bbg US Corp HY + Pan Euro HY ex Financials 2.5% Issuer Cap + 1/3 JPM Corp EMBI Broad Diversified Index

Sustainability-related information
Sustainability-related information
Under the EU Sustainable Finance Disclosure Regulation, products can be labelled as either Article 6, 8 or 9 fund.
Article 6 - The fund is not in scope of enhanced sustainability disclosures compared to Article 8 and 9.
Article 8 - The fund does not have a sustainable investment objective but promotes environmental or social characteristics and is subject to enhanced sustainability disclosures.
Article 9 - The fund has a sustainable investment objective and is subject to enhanced sustainability disclosures.
Regardless of Article 8 or 9, the companies in which investments are made must follow good governance practices, and sustainable investments must not do any significant harm.

Article 8

Overview Performance & costs Portfolio Sustainability Commentary Documents

Key points

Multi-Asset-Credit Strategy that invests in global investment credit, high yield and emerging markets
Invests in companies that contribute to the United Nations Sustainable Development Goals
Fund aims to maximize current yield and income for investors who are targeting a consistent level of income

About this fund

Robeco Credit Income is an actively managed sub-fund that invests in companies that contribute to realizing the UN Sustainable Development Goals (SDGs). The selection of these bonds is based on fundamental analysis. The Sub-fund will invest in a broad array of fixed income sectors and utilize income efficient implementation strategies. The Sub-fund takes into account the contribution of a company to the UN SDGs. The portfolio is built on the basis of the eligible investment universe and the relevant SDGs using an internally developed framework about which more information can be obtained via the website www.robeco.com/si. The Sub-fund's objective is to maximize current income.

Key facts

Per 31-08-2025

Total size of fund	SGD 2,706,028,221.11
Size of share class	SGD 189,201,594.64
Inception date share class	2021-01-26
1-year performance	5.77%
Dividend paying	Yes

Fund manager

Evert Giesen
Jan Willem Knoll

Evert Giesen is Portfolio Manager Investment Grade in the Credit team. Previously, he was an Analyst, responsible for covering the Automotive sector within the Credit team. Prior to joining Robeco in 2001, Evert worked at AEGON Asset Management for four years as a Fixed Income Portfolio Manager. He has been active in the industry since 1997 and holds a Master's in Econometrics from Tilburg University. Jan Willem Knoll is Portfolio Manager Investment Grade in the Credit team. He joined the Credit team in 2016. Previously, Jan Willem headed the Financials Equity sell-side research team at ABN AMRO. He started his career in the industry in 1999 at APG, where he held several positions including Portfolio Manager of a global insurance portfolio and subsequently a pan-European financials portfolio. Jan Willem holds a Master’s in Business Economics from the University of Groningen and he is a CFA® charterholder.

Per period	Fund	Reference index
1 month	1.05%	-
3 months	2.51%	-
YTD	6.25%	-
1 year	5.77%	-
2 years	7.77%	-
3 years	5.72%	-
Since inception 01/2021	1.50%	-

Date	Amount
23/09/2025	SGD 0.25
27/08/2025	SGD 0.25
23/07/2025	SGD 0.33
25/06/2025	SGD 0.32

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.	0.64%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	0.50%
Included service fee This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.12%
Transaction costs The transaction costs shown are the average annual transaction costs over the last three years calculated in accordance with European regulations.	0.08%

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.

Market development

Per 31-08-2025

Although in the middle of the summer holidays, August turned out to be an eventful month for markets. In the beginning of the month, additional tariff announcements led to some market volatility while weaker macro data also led to slightly weaker credit markets. High yield spreads closed at 308 bps, which is 1 bps wider then last month, and investment grade spreads rose 4 bps to 83 bps. Emerging market spreads were 3 bps wider and closed at 247 bps. On the macro front, the biggest news was the large downward revision of May and June jobs growth. Fed president Powell's comments during the Jackson Hole conference where also seen as relatively dovish by market participants. This led to growing expectations of rate cuts by the Fed and short and intermediate US Treasury yields declined over the month. Five-year US Treasury yields declined 27 bp to 3.70%. There are mounting concerns in the market about the independence of the Fed. Longer-dated treasury did not join the market rally, which was mainly driven by these concerns. In Europe, France's fiscal situation is back in the spotlight, but did not lead to underperformance of French companies so far.

Performance explanation

Per 31-08-2025

Based on transaction prices, the fund's return was 1.05%. The fund had a positive total return in August, with cash yields continuing to make a positive contribution while the duration exposure also made a positive contribution. The total contribution from credit was slightly positive. The strongest positive contributors were Mexico, Coventry Building Society and ZF Friedrichshafen, while the top negative contributors were Owens Illinois, NextEra and Crown Cork.

Expectation of fund manager

Evert Giesen
Jan Willem Knoll

The announced tariffs and the uncertainty are already leading to lower confidence on both the consumer and producer side of the economy. Labor market numbers in August showed that the economy is slowing down. In corporate earnings, there is already some evidence of the negative impact of trade tariffs. A slowing economy and weaker results in certain sectors could lead to spread volatility in the coming quarters. Markets are still counting on central banks to step in to support the economy. Recent labor market weakness will probably lead to the Fed lowering rates in September, but the market is already pricing for this. After the continued tightening in July, markets are at historical tights. Overall risk positioning should be modest and target carry and roll down. Although markets look tight, there are still attractive individual credit opportunities. We remain cautious on taking too much duration risk, as markets already price for many rate cuts in the US.

Important information

Past performance is no indication of current or future performance. This is not a buy, sell or hold recommendation for any particular security. No representation is made that these examples are past or current recommendations, that they should be bought or sold, nor whether they were successful or not.

Any opinion or estimate contained in this website is made on a general basis and is not to be relied on by the reader as advice. Robeco reserves the right to make changes and corrections to its opinions expressed here, this website and the associated materials and links at any time, without notice.

Robeco Credit Income IBxH SGD

Targeting a consistent level of income by investing in companies that contribute to the SDGs

Key points

About this fund

Key facts

Fund manager

Performance

Dividend paying history

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

Important information

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