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.
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.
3 years annualised
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.
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.
123 € M
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.
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.
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.
Verisk Analytics Inc
Cleanaway Waste Management
🇬🇧 United Kingdom
Medical Equipment & Devices
Some of the innovative companies in the fund offering solutions to achieve a low-carbon future.
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.
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.
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%.
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).
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.
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.
The fund ongoing charges are 1.71% and automatically counted in the investment performance report. Here’s a detailed breakdown of the major cost components:
The ongoing charges are comprised of
A management fee of [ii]
A service fee of [iii]
Expected transaction costs are [v]
[i] Annual charges that are deducted for this fund. This 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.
[ii] This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders’ meetings, and price publications.
[iii] A fee paid by the fund to the asset management company for the professional management of the fund.
[iv] Since the fund is established in Luxembourg it is subject to the Luxembourg tax laws and regulations. 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.
[v] The transactional costs shown are the average annual transaction costs over the last three years, calculated in accordance with the EU regulations.