RobecoSAM Circular Economy Equities I EUR

Circular Economy

The circular economy encourages reusing, repairing, refurbishing, and recycling of goods and materials, challenging today's throwaway mentality. This fund invests in companies that help achieve this goal by increasing recycling and employing cutting-edge technology to change production and consumption patterns to conserve resources and reduce waste.

Targeting the following Sustainable Development Goals (SDGs)
Responsible consumption iconClimate action icon

Overview

At least 8 million tonnes of plastics leak into the ocean each year – which is equivalent to dumping the contents of one garbage truck into the ocean per minute. If no action is taken, this will increase to two per minute by 2030 and four per minute by 2050. RobecoSAM Circular Economy Equities fund contributes to the circular economy transition by investing in innovative businesses that work to reduce use of finite resources, extend product lifetime, create innovative circular economy solutions across industries helping to contribute to preventing biodiversity loss.

Past performance

Figures as of 11/05/2022

Past returns

1 month

3 months

YTD

1 year

3 years annualised

-5.65%

-3.03%

-19.06%

-8.45%

+6.16%

Figures refer to historical performance. Past performance is not an indication or guarantee of future performance.

Basic information

ISIN

Ongoing costs

icon questionmark

What are the ongoing costs?

Ongoing charges are annual costs associated with running a mutual fund. These encompass the fund's management fee, service or custody fees and other professional fees. Ongoing charges are usually based on the costs over the last calendar year and may vary from year to year. Fund specific breakdown of ongoing charges can be found at the bottom of this page or in fund's sales prospectus. The ongoing charges are automatically counted in the investment performance.

icon closing x

Risk profile

icon questionmark

What is a risk profile?

A risk profile of a single stock or a mutual fund is an evaluation of the level of risk. It is assessed with a score from 1 to 7. The score is calculated with a standardized methodology based on the level of the volatility of the fund displayed during the previous 5 years.
The higher the value of the volatility the higher is the risk. A score of 1 is associated to lower risk, while a score of 6-7 to higher risk.

icon closing x

LU2092758726

1.71%

5/7

Fund size

Launch date

123 € M

Jan 2020

Footprint and impact metrics

Carbon footprint
based on a 1,000€ investment
CO2e footprint
72
kg CO2e
icon questionmark

Carbon footprint

The estimated carbon footprints provide a static snapshot of how much CO2e emissions could be associated with an investment, assuming a one-year holding period. Estimates are based on Scope 1 and 2 emissions data from 2021. The analysis shows the estimated footprint associated with 1000€ invested. If you are curious, you can read more about how these are calculated.

How is the fund carbon footprint calculated?
icon open in new tab
icon closing x
Water footprint
based on a 1,000€ investment
Water footprint
1,045
liters
icon questionmark

Water footprint

The estimated water footprints provide a static snapshot of how much water usage could be associated with an investment, assuming a one-year holding period. Estimates are based on fund data from 2021. The analysis shows the estimated footprint associated with 1000€ invested. If you are curious, you can read more about how these are calculated.

How is the fund water footprint calculated?
icon open in new tab
icon closing x
Change in waste generated
by companies in the fund in 2021
Upward trend
217,379
tonnes
icon questionmark

Change in waste generated

The change in waste generated by companies in the fund is calculated by comparing companies’ total change in waste generated over the latest two calendar years.

Impact calculations for Circular Economy
icon open in new tab
icon closing x
Waste recycled
by companies in the fund in 2021
Recycling
3,780,440
tonnes
icon questionmark

Waste recycled

The annual amount of waste recycled by companies in the fund during the last calendar year is calculated based on publicly disclosed data.

Impact calculations for Circular Economy
icon open in new tab
icon closing x

Asset & holdings

Top 5 holdings

Signify NV

Salmar ASA

Fortive

Verisk Analytics Inc

Cleanaway Waste Management

3.79%

3.67%

3.04%

2.88%

2.87%

Top 5 countries

🇺🇸 USA

🇬🇧 United Kingdom

🇳🇴 Norway

🇳🇱 Netherlands

🇩🇪 Germany

43.87%

7.93%

6.44%

6.39%

5.91%

Top 5 sectors

Food

11.13%

Electrical Equipment

10.52%

Chemicals

9.67%

Medical Equipment & Devices

9.17%

Construction Materials

5.80%

A closer look at the companies

Some of the innovative companies in the fund offering solutions to achieve a low-carbon future.

Electrical Equipment

Signify is a lighting and electronics company that produces energy-efficient LEDs and 3D-printed lighting fixtures. 3D-printed lighting fixtures emit 47% less CO2 than conventional metal fixtures. Signify has announced that it reached carbon neutrality in 2020, having cut GHG emissions by 24%, waste production by 18%, and water consumption by 33% between 2016 and 2020.

Case study (Coming soon)
Electrical Equipment

Illinois Tool Works creates components, equipment, and systems for the automotive, construction, and electronics industries. The company aims to cut its scope 1 and 2 carbon intensity by 40% by 2030, compared to 2017. In 2020 the reduction was 26%. Currently, 85% of the steel used is derived from scrap metal.

Case study (Coming soon)
Building Materials

Rockwool produces and supplies stone wool, a volcanic rock fiber. Stone wool is a material that is used for insulation, fire prevention, and noise reduction. They estimate that the insulation they sold in 2020 will save 18 TWh of heating energy equivalent to 0.8 billion tonnes of CO2 throughout its lifespan. In comparison to 2015, the company has set a goal of decreasing production-related waste by 85% by 2030. The reduction in 2020 has been estimated at 50%. Between 2016 and 2020, the company decreased overall waste by 16% and scope 1, 2, and 3 GHG emissions by 11%.

Case study (Coming soon)

Sustainability strategy

Alignment of investments with Sustainable Development Goals

Circular economy solutions are needed to bring global resource use to a sustainable level. The fund’s sustainable investment objective is to invest in companies that foster resource-efficient business models, an objective which is attained by investing in companies that advance multiple UN Sustainable Development Goals, including: Good health and well-being (SDG 3), Decent work and economic growth (SDG 8), Industry, innovation and infrastructure (SDG 9), Sustainable cities and communities (SDG 11), and Responsible consumption and production (SDG 12).

Sustainability considered throughout the investment process

The fund integrates sustainability in the investment process by taking into consideration key sustainability drivers, controversies, and by conducting sustainability due diligence and ongoing monitoring of progress. The fund excludes companies on the basis of controversial behaviour and products (from an Environmental, Social and Governance perspective) and avoids investing in thermal coal, weapons, military contracting, and companies with severe violations of labor conditions.

Dedicated active ownership

Robeco’s active ownership strategy includes voting on behalf of the fund to encourage sustainable and good governance practices in companies the fund invests in. While voting enables Robeco to safeguard shareholder value, Robeco’s active engagement with companies aims to continuously improve companies’ corporate conduct and allows Robeco to address any potential misconduct. Voting and engagement activities are reported to investors.

Costs & fees

The total costs and fees are 1.82%. These are automatically included in your investment performance.

Ongoing charges

The ongoing charges are comprised of

Management fees

Service fees

Additional charges

Transaction costs

1.71%

 

1.50%

0.16%

0.05%

0.11%

Cooler Future Icon

Invest in a better world

Start your impact investment journey by downloading Cooler Future today.

Get Started