What is the fund objective?

The investment objective of the Company is to provide a high total return. The Company will invest primarily (in other words, at any time at least two thirds of its total assets) in bonds and other marketable debt securities and instruments (which may include short dated fixed or floating rate securities) of issuers from any member State of the OECD or (supranational) issuers guaranteed by one or more member States of the OECD and with a minimal rating of "A”, as measured by Standard & Poor's or other recognized credit rating agencies.

The Company may not invest in equity securities provided however that the Company may invest up to 10% of its net assets in shares or units of other UCITS/UCI. The company may invest up to 25% of its total assets in convertible bonds or option linked bonds and up to one third of its total assets in money market instruments.

To find out more please see the prospectus.

What is the fund’s investment strategy?

Robeco Lux-o-rente invests globally in government bonds, with a minimum credit rating of ‘A’. Besides that, the fund can invest in short-dated bonds and money-market instruments. The fund's strength is that all investment decisions are driven by the outcome of a quantitative model. As a consequence the duration of Lux-o-rente can fluctuate between 1 and 10 years.

The quantitative model combines economic variables such as changes in commodity prices and equity returns, and technical variables to assess the attractiveness of the various bond markets. The model has shown a solid track record since its inception in 1994. Currency risks are fully hedged into the euro. Risk management is fully integrated in the investment process to ensure that positions always meet predefined guidelines.

The fund may occasionally invest more than 35% of its total assets in different transferable securities and money market instruments issued or guaranteed by a Member State of the OECD, any local authorities in the EU countries, or international public bodies of which one or more EU Member States are members.

Who is the Fund Manager?

Kommer van Trigt, Vice President, joined Robeco's Fixed Income Department in 1997 from the Dutch Central Bank. He graduated in Economics from the University of Amsterdam and is Senior Portfolio Manager and Head of the Duration Management Team.

Kommer is Fund Manager of various discretionary mandates of Central Banks, Pension Funds and other institutions and is registered with the Dutch Securities Institute.

Who is Robeco?

Robeco, established in Rotterdam in 1929, offers investment products and services to institutional and private investors worldwide. It has around EUR 135 billion in assets under management (at 31 December 2009).

Robeco advocates responsible investing. Environmental, social and governance factors are integrated into the investment processes, and there is an exclusion policy in place. Robeco makes active use of its voting right and enters into dialogue with the companies in which it invests. The product range encompasses equity and fixed-income investments, money-market funds and alternative investments, including private equity, hedge funds and structured products. The various strategies are managed from Rotterdam (head office), Boston, Hong Kong, New York, Paris and Zurich.

To service institutional and business clients, Robeco has offices in Bahrain, Belgium, Greater China (Mainland, Hong Kong, Taiwan), France, Germany, Japan, Korea, Luxembourg, Spain, Switzerland and the United States. Robeco has a banking license in France and the Netherlands, where it can sell its products straight to private clients.

Robeco holds a 100% interest in Corestone (Zug, Switzerland), Harbor Capital Advisors (Chicago, USA) and Transtrend (Rotterdam, the Netherlands). Robeco also holds a majority interest in SAM Group (Zurich, Switzerland), a 49% interest in Canara Robeco Investment Management (Mumbai, India) and a 40% interest in AIM (Rijmenam, Belgium).

Robeco is part of Rabobank Group, one of the few privately owned banks in the world with the highest credit ratings from Moody’s and Standard & Poor’s. Furthermore, within the banking sector, Rabobank is one of the global leaders in terms of corporate social responsibility and sustainability.

As at 4 August 2010

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Costs

Robeco allows distributors to charge 5% for this fund (as per prospectus). At RaboDirect you will only pay 0.75% entry fee and 0.75% upon exit. We never charge for unexecuted or cancelled orders or for that matter cost of account maintenance.

Warning: Past Performance is not a reliable guide to future performance. The value of your investment may go down as well as up. Some Investment Funds may be affected by changes in currency exchange rates.

* Funds frequently bought together: This is for the information of our customers, and potential customers, based on general customer investment patterns, and does not constitute advice from us that you invest in any particular fund or a recommendation from us that a particular fund is suitable for you.