Robeco Sustainable Property Equity

Green Real Estate

Property sector companies own, develop, renovate, manage and service real estate in logistics, retail shops, offices, hotels, data centers and health care sectors. This fund invests in the property sector companies that benefit from the development of global real estate trends but are actively engaged in work to address climate change and other environmental challenges facing us.

Targeting the following Sustainable Development Goals (SDGs)
Clean energy iconUN SDG 11 - Sustainable cities and communitiesClimate action icon
Green Real Estate fund

Overview

The Real Estate sector is central to global climate change mitigation efforts - it accounts for approximately 39% of global emissions!  Core climate related issues to be solved in the Real Estate sector are emissions from buildings themselves, emissions generated from the energy that powers buildings and materials used during their construction. The Robeco Sustainable Property Equities fund invests globally in property sector companies that benefit from the development of global real estate trends, and are actively engaged in work to address climate change and other environmental challenges facing us.

Past performance

Figures as of 29/06/2022

Past returns

1 month

3 months

YTD

1 year

3 years annualised

-5.66%

-24.63%

-14.79%

-2.96%

+2.69%

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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LU0187079180

1.61%

5/7

Fund size

Launch date

345 € M

May 1998

Footprint and impact metrics

Carbon footprint
based on a 1,000€ investment
CO2e footprint
102
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 Icon
0.8
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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Certified sustainable space
by companies in the fund in 2021
Green space
52,567,204
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Certified sustainable space

The certified sustainable space by companies in the fund is calculated by taking into account the amount of square meters of the companies real estate that has a high quality sustainable certification e.g. LEED, BREEAM.’

Impact calculations for Green Real Estate
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Waste reduced
by companies in the fund in 2021
Recycling
279,427
tonnes
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Waste reduced

The annual reduction in waste generated by the companies in the fund are calculated by comparing companies’ total waste generated from the latest two reporting years (e.g. 2020 and 2021).

Impact calculations for Green Real Estate
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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

The investment scope of the Robeco Sustainable Property Equity fund includes the global property sector. This includes Real Estate Investment Trusts (REITs) in industrial, office, retail and infrastructure and industrial and residential building development and management. The fund currently holds 98% in equities (52 in total) and 2% in cash and other liquid instruments. The fund’s reference index is the S&P Developed Property Index. 

Here are some of the companies in the fund striving for environmentally friendly buildings, housing and construction. 

Equinix logo
Data Center REIT

Equinix, Inc. is a digital infrastructure company for internet connection and data centres. The company has set a Science-Based-Target (SBT) for emissions reductions across its global operations and supply chain by 2030. As part of this target the company is aiming to reduce its Scope 1 and 2 emissions by 50% by 2030 vs. 2019.

Case study (Coming soon)
Retail REIT

Kimco Realty is a real estate investment trust that invests in shopping centers. The company aims to reduce scope 1 and 2 emissions by 30% from 2018 to 2030, and achieve net zero by 2050. It also plans to partner with tenants to quantify and reduce scope 3 emissions establishing a goal by 2025.

Case study (Coming soon)
Goodman
Industrial REIT

Goodman Group is a global industrial property group providing logistics space. Goodman Group achieved carbon neutrality of global operations in 2021, ahead of the 2025 target. It obtained a Carbon Neutral Organization certificate under the Climate Active scheme. The company has also started to calculate embodied emissions as in the emissions associated with materials and construction processes throughout the whole lifecycle of buildings for their building developments globally.

Case study (Coming soon)

Fund sustainability

Alignment of investments with Sustainable Development Goals

The Real Estate sector is highly involved with all aspects of a well-functioning society and its services. This fund invests in all sectors of Real Estate - for example office buildings, logistics warehouses, apartment buildings, shopping and data centers, hotels and building management services. The companies in the fund are active in advancing multiple UN Sustainable Development Goals, including: Affordable and clean energy (SDG 7), decent work and economic growth (SDG 8), sustainable cities and communities (SDG 11), and climate action (SDG 13).

Sustainability in the investment process

The fund integrates sustainability in the investment process by taking into consideration key sustainability drivers, potential 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 fossil fuels, controversial weapons, tobacco, palm oil, military contracting, firearms and nuclear power and avoids investing in companies in breach of the United Nations Global Compact (UNGC). We at Cooler Future independently apply an ESG and impact deep-dive into the funds on our platform.

Proactive engagement and active ownership

Robeco’s active ownership strategy includes voting on behalf of fund shareholders to encourage good sustainable governance practices in companies the fund invests in. While voting enables Robeco to safeguard shareholder value, Robeco conducts both value engagement and enhanced engagement. Value engagement focuses on long term value creation and ESG risks and while enhanced engagement focuses on companies that could structurally breach minimum behavioral norms in e.g. human rights, labor practices or environmental issues. Outcomes of voting and engagement activities are reported to investors.

Costs & fees

The fund ongoing charges are 1.61% and automatically counted in the investment performance report. Here’s a detailed breakdown of the major cost components:

The fund deducts ongoing charges [i]

The ongoing charges are comprised of

A management fee of [ii]

A service fee of [iii]

Additional charges [iv]

Other costs

Expected transaction costs are [v]

1.61%

 

 

1.40%

0.16%

0.05%

 

0.11%

[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.

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