LU3306722268

Robeco QI Dynamic High Yield Fund SGD-Hedged (Dist.)

  • Fixed income
  • Global
  • SGD Cash
  • Distributing
Invest with
SGD cash
Payout type
Distributing
Risk rating
4
About this fund
Description
The Fund aims to provide long-term capital growth and offers diversified exposure to the global high yield corporate bond market, by investing primarily in CDS index derivatives.
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Information Memorandum
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Factsheet
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Our perspective
Why we think this fund is best-in-class
Product
Offers diversified exposure to the global high-yield corporate bond market through a purely quantitative, model-driven strategy. Synthetically replicates market exposure by combining highly-rated government bonds with Credit Default Swap indices to enhance liquidity and reduce transaction costs. Employs a proprietary dynamic market timing model to manage active positions across credit beta, duration, and regional allocations.
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People
Led by an experienced portfolio management team with deep institutional expertise in quantitative fixed-income research and strategy development. Investment decisions are governed by a systematic framework where portfolio managers are explicitly prohibited from overriding quantitative model outputs. The team benefits from a collaborative environment that integrates quantitative research with insights from fundamental high-yield investment specialists.
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Performance
Targets long-term capital growth and outperformance relative to the Bloomberg Global High Yield Corporate Index through active top-down positions. Targets a structural information ratio by generating alpha from lowly correlated drivers, including credit beta, duration, and regional timing.
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Process
Employs a proprietary alpha engine that dynamically adjusts credit beta, regional allocation, and interest rate sensitivity based on macro, value, momentum, and seasonal factors. Incorporates an automatic risk management mechanism that scales down market exposure during periods of extreme volatility or significant credit spread widening. Replaces individual security selection with a diversified approach that equally weights constituents within the global CDS indices.
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Cost
Access to the retail share class with trailer rebates to achieve the lowest possible fees.
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How it fits in a portfolio
Serves as a robust allocation to global high-yield markets, offering benchmark-like returns with added systematic alpha. Provides a diversifying source of return that is lowly correlated with fundamental, bottom-up credit strategies. May underperform during rapid market recoveries when cash bonds sharply outperform CDS indices as liquidity recovers.
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Compare funds
Performance
Daily data as of 15 Jun 2026.
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
4.82%
1 month
2.16%
Distributions
Frequency
Monthly
16 Jun 2026
Yield
5.63%
Risk metrics
Max drawdown
-1.31%
Volatility
6.58%
Top Exposures
Sell Protection on ITRAXX.EUROPE.CROSSOVER.45-V1.Jun.2031 (2031-06-20 Maturity)39.63%
Sell Protection on CDX.NA.HY.46-V1.Jun.2031 (2031-06-20 Maturity)27.15%
United States Treasury Notes 0.625% (2030-08-15 Maturity)2.81%
Germany (Federal Republic Of) 0% (2030-08-15 Maturity)2.47%
United States Treasury Notes 0.625% (2027-11-30 Maturity)1.76%
United States Treasury Notes 3.875% (2029-12-31 Maturity)1.72%
United States Treasury Notes 3.75% (2030-05-31 Maturity)1.58%
Germany (Federal Republic Of) 0% (2029-08-15 Maturity)1.40%
Netherlands (Kingdom Of) 0% (2027-01-15 Maturity)1.40%
Netherlands (Kingdom Of) 0.75% (2027-07-15 Maturity)1.33%
2 Year Treasury Note Future June 26 (2026-06-30 Maturity)1.25%
United States Treasury Notes 3.625% (2029-08-31 Maturity)1.10%
United States Treasury Notes 0.5% (2027-06-30 Maturity)1.08%
United States Treasury Notes 3.5% (2029-09-30 Maturity)1.08%
United States Treasury Notes 4.375% (2034-05-15 Maturity)1.04%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.02%0.62% p.a.
Save 39%
Fund facts
ISIN
LU3306722268
Fund house
Robeco
Fund size
S$599M
As of 15 Jun 2026
Fund benchmark
Bloomberg Global HY Corp TR HUSD
Fund inception date
24 Mar 2026
Fund class currency
SGD
Fund share class
BxH SGD
Oldest share class ISIN
LU1045433247
Oldest share inception date
28 Mar 2014
Pricing frequency
Daily

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