Robeco Economic Recovery 02/05 matured on 29 April 2005. An amount of EUR 20.72 per share will be distributed.
The difficult years for the global economy are over. The global economy has recently shown signs of a recovery, albeit less than expected. Jaap van Duijn, fund manager of Robeco Economic Recovery 02/05: "Robeco Economic Recovery has not realized the return that we had expected. In hindsight, the fund was launched a year too soon."
Growth stocks are less affected by slower economic growth. Furthermore, these stocks are cheap at the moment, from a historical as well as an absolute perspective. Earnings forecasts have not yet been discounted in the prices. Rolinco invests in growth stocks and is therefore a logical next step for investors in Robeco Economic Recovery. Clients of Robeco Direct and Rabobank can switch to Rolinco free of charge.
About Robeco
Robeco provides discretionary asset management products and services, as well as a complete range of mutual funds to a large number of institutional and retail clients worldwide. Robeco's product range encompasses fixed-income and equity investments, as well as balanced accounts, money-market funds and alternative investments.
Robeco distributes its funds for the retail market directly and through other financial institutions. Several of its mutual funds, including the flagship Robeco N.V., are listed on major European stock exchanges such as Amsterdam, Paris, Frankfurt and London.
As well as from its head office in Rotterdam, Robeco services its clients from its European offices in Belgium, France, Germany, Spain and Switzerland. In the United States, Robeco has offices in New York, Chicago and San Francisco (Weiss, Peck & Greer), Boston (Boston Partners), White Plains (Sage Capital Management) and Toledo (Harbor Capital Advisors). In addition, there is an office in Bahrain.
Robeco is the center for asset management with full operational independence within the Rabobank Group. The combination of the highest credit ratings from the major international rating agencies and the highest Sustainability Cluster Score within the banking sector reflects the high added value Rabobank has always offered its investors, members, clients and employees.