Morningstar Fund Report  | 02/04/2025Print

Robeco Chinese Equities D €

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
Robeco Chinese Equities D €
Fund-17.0-21.9-23.812.013.1
+/-Cat-2.2-6.1-3.4-2.33.6
+/-B’mrk4.1-11.5-8.7-7.81.1
 
Category: China Equity
Category Benchmark: Morningstar China TME NR USD
Key Stats
NAV
31/03/2025		 EUR 101.76
Day Change 1.89%
Morningstar Category™ China Equity
ISIN LU0187077309
Fund Size (Mil)
31/03/2025		 EUR 137.52
Share Class Size (Mil)
28/02/2025		 EUR 56.15
Max Initial Charge 5.00%
Ongoing Charge
03/03/2025		  1.87%
Morningstar Research
Analyst Report28/02/2025
Morningstar Manager Research,
Morningstar, Inc

The departure of longtime lead manager Victoria Mio has lowered our conviction in Robeco Chinese Equities' investment team. As a result, the strategy's Morningstar Analyst Rating has been lowered to Neutral from Bronze across all share...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Robeco Chinese Equities D €
The aim of the Sub-fund is to provide long term capital growth while at the same time promoting certain ESG (i.e. Environmental, Social and corporate Governance) characteristics and integrating sustainability risks in the investment process.
Returns
Trailing Returns (GBP)31/03/2025
YTD11.66
3 Years Annualised-3.90
5 Years Annualised-0.43
10 Years Annualised2.87
12 Month Yield 0.00
Management
Manager Name
Start Date
Liying Du
01/09/2020
Jie Lu
01/04/2024
Inception Date
07/06/2004

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI China 10-40 NR EURMorningstar China TME NR USD
Portfolio Profile for  Robeco Chinese Equities D €28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.350.0099.35
Bond0.000.000.00
Property0.000.000.00
Cash2.591.940.65
Other0.000.000.00
Top 5 Regions%
Asia - Emerging95.15
Asia - Developed3.59
United Kingdom1.26
United States0.00
Canada0.00
Top 5 Sectors%
Consumer Cyclical34.15
Financial Services16.64
Communication Services14.72
Technology14.11
Industrials5.85
Top 5 HoldingsSector%
Tencent Holdings LtdCommunication ServicesCommunication Services10.56
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical9.67
Xiaomi Corp Class BTechnologyTechnology7.97
China Construction Bank Corp Cla... Financial ServicesFinancial Services5.10
Meituan Class BConsumer CyclicalConsumer Cyclical4.64
Increase Decrease New since last portfolio
Robeco Chinese Equities D €
Growth Of 1000 (GBP) 28/02/2025
Fund:  Robeco Chinese Equities D €
Category:  China Equity
Category Index:  Morningstar China TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-21.9324.5857.10-17.04-21.89-23.8312.0213.07
+/- Category-6.954.8823.18-2.23-6.11-3.45-2.283.63
+/- Category Index---4.06-11.50-8.75-7.841.12
% Rank in Category9030135483766216
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day1.89   3.011.35
1 Week-0.68   2.02-0.39
1 Month-1.24   -0.04-1.18
3 Months11.66   3.37-0.21
6 Months9.90   2.781.83
YTD11.66   3.37-0.21
1 Year28.18   2.78-6.37
3 Years Annualised-3.90   -2.96-7.81
5 Years Annualised-0.43   -0.19-1.99
10 Years Annualised2.87   -0.20-1.68
 
Category: China Equity
Category Index: Morningstar China TME NR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2024-2.423.9712.18-1.58
2023-3.61-11.94-0.48-9.82
2022-16.149.40-16.001.36
2021-1.374.97-16.89-3.59
2020-0.9125.1810.6914.42
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearAverageAverage3 star
10-YearAverageAverage3 star
Overall*AverageAverage3 star
 
Category :  China EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev28.49 %
3-Yr Mean Return-2.53 %
 
3-Yr Sharpe Ratio-0.23
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar China TME NR USD  Morningstar China TME NR USD
3-Yr Beta0.930.93
3-Yr Alpha-8.94-8.94
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 83734-
Market Capitalisation% of Equity
Giant80.48
Large17.13
Medium2.39
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.151.09
Price/Book2.031.24
Price/Sales1.681.12
Price/Cash Flow10.371.05
Dividend-Yield Factor2.100.77
 
Long-Term Projected Earnings Growth6.100.91
Historical Earnings Growth5.5514.80
Sales Growth5.552.29
Cash-Flow Growth6.361.63
Book-Value Growth5.781.22
 
Category: China Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.350.0099.35
Bond0.000.000.00
Property0.000.000.00
Cash2.591.940.65
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom1.2614.07
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.000.00
Middle East0.00-
Japan0.000.00
Australasia0.00-
Asia - Developed3.590.54
Asia - Emerging95.151.04
 
Category: China Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.571.38
Consumer CyclicalConsumer Cyclical34.151.16
Financial ServicesFinancial Services16.640.98
Real EstateReal Estate1.750.59
Consumer DefensiveConsumer Defensive4.530.80
HealthcareHealthcare3.110.66
UtilitiesUtilities1.580.97
Communication ServicesCommunication Services14.720.88
IndustrialsIndustrials5.850.76
TechnologyTechnology14.111.48
 
Category: China Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings54
Total Number of Bond Holdings0
Assets in Top 10 Holdings56.29
NameSectorCountry% of Assets
Tencent Holdings Ltd308China10.56
Alibaba Group Holding Ltd Ordinary Sh... 102China9.67
Xiaomi Corp Class B311China7.97
China Construction Bank Corp Class H103China5.10
Meituan Class B102China4.64
BYD Co Ltd Class H102China4.60
JD.com Inc Ordinary Shares - Class A102China4.53
Industrial And Commercial Bank Of Chi... 103China3.46
NetEase Inc Ordinary Shares308China2.91
Trip.com Group Ltd102China2.86
 
Increase Decrease New since last portfolio
Category: China Equity
 
Management
Name of CompanyRobeco Institutional Asset Management BV
Phone+31 10 2241224
Websitewww.robeco.com
AddressWeena 850
 Rotterdam   3014 DA
 Netherlands
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date07/06/2004
Fund Advisor(s)
Robeco Hong Kong Ltd
Fund ManagerLiying Du
Manager Start Date01/09/2020
Fund ManagerJie Lu
Manager Start Date01/04/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.60%
Ongoing Charge1.87%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes