The Robeco Boston Partners Global Equity Fund (BPGRX) and the Robeco Boston Partners International Equity Fund (BPQRX) are based on similar strategies that Boston Partners has offered to institutional investors: Global Equity since 2005 and International Equity since 2007. A total of $60 million of assets are managed by Boston Partners in these two strategies.
Each of the two new mutual funds has been seeded with $10 million by Robeco Group, the Rotterdam-based parent of Boston Partners. Boston Partners is a division of the funds’ investment adviser, Robeco Investment Management.
The investment objective of the two funds is to provide long-term capital growth. For the Global Equity Fund, at least 80% of its net assets are invested in a diversified portfolio of equity and equity related securities issued by U.S and non-U.S. companies across the capitalization spectrum. The fund may invest in all types of equity securities, including exchange-traded and over-the-counter common and preferred stocks, warrants, options, rights, convertible securities, depositary receipts and shares, trust certificates, limited partnership interests, shares of other investment companies (including exchanged-traded funds (ETFs) and real estate investment trusts (REITs), and equity participations. The International Equity Fund invests in these same types of securities issued by non-U.S. companies.