RobecoSAM Smart Energy Equities D EUR

Smart Energy

This fund promotes the transition from traditional energy production & distribution to cleaner, more sustainable methods. It invests globally in companies that provide solutions to the growing need for clean, reliable, affordable and distributed energy.

Targeting the following Sustainable Development Goals (SDGs)
Clean energy iconInnovation and infrastructure iconClimate action icon

Overview

As global CO2 emissions continue to rise, electricity demand is expected to double by 2050. The challenge of greenifying the energy sector is therefore one of the main challenges in the face of climate change. Now, there is strong momentum in the growing clean energy space, as the economies worldwide join forces to decarbonize the energy sector through renewables, electrification, and improved energy infrastructure. Robeco invests in the energy transformation to a low-carbon future, captures strong growth potential of decarbonization, electrification, and digitization within the sector, and identifies early adopters (as well as key enablers) that contribute to the successful energy transition.

Past performance

Figures as of 11/05/2022

Past returns

1 month

3 months

YTD

1 year

3 years annualised

-5.54%

-2.15%

-18.72%

2.02%

+22.47%

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

Basic information

ISIN

Ongoing costs

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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.

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Risk profile

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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.

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LU2145461757

1.71%

6/7

Fund size

Launch date

2,856€ M

Sept 2003

Footprint and impact metrics

Carbon footprint
based on a 1,000€ investment
CO2e footprint
61
kg CO2e
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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?
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Water footprint
based on a 1,000€ investment
Water footprint
439
liters
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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?
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Renewable energy generated
by companies in the fund in 2021
Renewable energy
47,268
gigawatt hours
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Renewable energy generated

The annual renewable energy generated by companies in the fund during the last calendar year is calculated based on publicly disclosed data.

Impact calculations for Smart Energy
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Change in CO2e emissions
by companies in the fund in 2021
Downward trend
4,844,680
tonnes CO2e
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Change in CO2e emissions

The annual change in CO2e emissions by companies in the fund is calculated by comparing companies’ total CO2e emissions from the latest two calendar years.

Impact calculations for Smart Energy
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Asset & holdings

Top 5 holdings

ON Semiconductor

Schneider Electric

Johnson Controls International plc

SSE

Albemarle Corp.

4.45%

3.98%

3.79%

3.62%

3.45%

Top 5 countries

🇺🇸 USA

🇯🇵 Japan

🇩🇪 Germany

🇨🇦 Canada

🇨🇳 China

45.53%

8.59%

6.94%

5.85%

5.32%

Top 5 sectors

Semiconductors

28.52%

Electrical Equipment

19.10%

Electric Utilities

13.40%

Renewable Energy

12.87%

Technology Hardware

6.74%

A closer look at the companies

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

Gas & Water Utilities

Schneider Electric is on a mission to provide the world with a way to equip each and everyone with access to energy while also fighting climate change at the same time. It operates through two segments: Energy Management and Industrial Automation. The company commits to reduce absolute Scope 1 & 2 GHG emissions by 100% and absolute Scope 3 emissions by 35% until 2030 from a 2017 base year.

Case study
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Semiconductor Devices

Analog Devices, Inc. designs, manufactures and markets integrated circuits used in analog and digital signal processing. The company's products are used in communications, computers, industrial, instrumentation, military, aerospace, automotive, and high-performance consumer electronics applications. Analog Devices Inc aims to reduce its CO2 emissions by 50% until 2025, use only renewable energies in their manufacturing sites by 2025, and achieve carbon neutrality by 2030.

Case study (Coming soon)
Factory Automation Equipment

Azbil Corporation provides automation products and services worldwide. It operates through three segments: Building Automation Business, Advanced Automation Business, and Life Automation Business. Azbil Corporation commits to reduce absolute Scope 1 & 2 GHG emissions by 30% until 2030 from a 2013 base year, as well as Scope 3 emissions by 20% until 2030 compared to 2017. In that way, the company is consistent with a temperature target of keeping warming to 2°C.

Case study (Coming soon)

Fund sustainability

Strong sustainability objective

Robeco has a solid track record in sustainable investment fund strategies. The RobecoSAM Smart Energy Equities is no exception: it has a sustainability-driven investment objective that is in line with the Principles for Responsible Investing (PRI), the EU’s Article 9 Regulation, and numerous UN Sustainable Development Goals, such as Affordable & Clean Energy (SDG 7) and Industry, Innovation & Infrastructure (SDG 9). In addition, the fund screens for ESG criteria, uses a proprietary Robeco SDG framework, and, among other things, also checks for “Do No Significant Harm” criteria that are aligned with the UNGC and OECD Guidelines, as well as the UN Universal Declaration of Human Rights, the International Labor Organization’s (ILO) labor standards, and the UN Guiding Principles for Business and Human Rights (UNGPs).

Mitigating sustainability & climate-related risks

As sustainability risks could cause an actual or potential negative impact on the value of investments, climate change considerations are therefore fully integrated into the research process, from both an impact and risk perspective. As its investment objective, the fund targets companies that contribute positively to the mitigation of climate change. Further, the fund applies a full ESG integration on material climate issues, fossil fuel exclusions, and engagement with companies on climate strategy. RobecoSAM Smart Energy Equities is therefore considered to have a resilient, low-risk portfolio in regards to climate change. As of 2022, the fund will also integrate Principle Adverse Impact as yet another measure to mitigate governance risk in its portfolio.

Voting & engagement

Carrying out stewardship responsibilities is an integral part of Robeco’s Sustainable Investing approach. RobecoSAM Smart Energy Equities fund has a dedicated active ownership strategy, which means that they engage with the portfolio companies on climate strategies, encourage good governance and sustainable corporate practices, and conduct proxy voting. Through their enhanced engagement program, Robeco acts to address any potential misconduct of companies in which they invest. Altogether, this positively contributes to long-term shareholder value creation, as well as the betterment of society overall.

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%

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