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RobecoSAM Smart Materials Equities G GBP

Global equity fund invested in innovative materials, process technologies and sustainability themes.

  • 23145.00p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 5.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.96%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.50%

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 25 January 2022, fund commentary last updated 26 January 2021

This fund aims to achieve attractive long term returns by investing worldwide in companies which provide technology, products or services relating to the extraction and efficient handling of raw materials, recycling of used resources and innovative alternative materials. The core belief of the fund is that technological innovation will identify materials and processes that are cheaper and/ or more efficient than those currently the norm.

Fund summary

Launched October, 2020
Size £0m
Yield 0.50%
Charging basis Income
Dividends paid Nov


Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.96%


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Investment process

An investable universe has been identified, of companies (currently around 380) that offer material exposure to the manager's substitution/ technological progress philosophy, whilst also taking into account fundamental (basically GARP), qualitative and liquidity criteria. In addition, the manager utilises an ethical/ sustainable overlay as part of its house approach. Stocks fall largely into four clusters; 1) Basic Resources, 2) Innovative Materials, 3) Process Technologies, 4) Recycling and Disposal. Portfolio construction is a bottom up process based on gaining exposure to identified sub-themes, the current main ones being lightweight materials, automation and speciality metals/ functional materials. Each stock has a valuation range, which is the main criteria for taking profits/ buying. Specific stock weightings are a function of perceived upside potential and liquidity. The resulting portfolio has a growth bias but offers a PEG ratio (PE ratio/ anticipated earnings growth) materially lower than its MSCI World benchmark.

RobecoSAM are experienced managers in global thematic equities, such as smart materials. As the global population grows and resources become more scarce, this theme should continue to prove profitable for investors. RobecoSAM employs a sustainable overlay and has built a proprietary database on companies in their universe focusing on ESG issues. The fund tends to be higher beta, with the manager's track record highlighting outperformance in rising markets and underperformance in falling markets.

Manager research

Average monthly relative returns

  • 17/18 1.22%
  • 18/19 -1.03%
  • 19/20 -0.87%
  • 20/21 0.70%
  • 21/22 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.03%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 67.40%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Pieter Busscher

Busscher joined RobecoSAM in 2007. Prior to this he held a position in sales support for private clients at Credit Suisse Asset Management in Zurich. From 2004 to 2005 he was an instructor of option theory and investments with B&R Beurs Investment Study Association in Rotterdam. From 1998 to 1999 he was a co-ordinator of a StartUp project at StartUp Gründungswerkstatt in Stuttgart and Cologne. He earned his Bachelor's degree in International Business Administration at RSM Erasmus University in Rotterdam, and his Master's degree in Banking and Finance at the University of St. Gallen (HSG).

Track record

Pieter Busscher has 11.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.03%. During the worst period of relative performance (from April 2011 - March 2020) there was a decline of 40% relative to the index. The worst absolute loss has been 27%.

Periods of worst performance

Absolute -27.00% (August 2018 - March 2020)
Relative -40.00% (April 2011 - March 2020)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.


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Usually 50 to 60 stocks.


Clusters +/- 15%, Currency +/- 10% both versus the opportunity set. Specific weightings: small/ midcap 1-3%, large cap 3-5%. Up to 20% can be invested outside the brief.

Key Investor Information