Net Asset Value(s)

Valuation snapshot dated 10/12/2025 lists units outstanding, shareholder equity base and NAV per share for Robeco’s suite of UCITS ETFs across 3D Global, European, US and EM equity strategies, plus a Dynamic Theme Machine and a Climate Euro Government Bond ETF. The 3D Global Equity share class 3DGL is the largest by shareholder equity at €707.14m, followed by 3DEM (Robeco 3D EM Equity) at €267.36m and RCEG (Climate Euro Government Bond) at €266.02m; NAVs per share span roughly €5.05–€6.89, with most clustered between €5.0 and €6.3. The table provides a concise AUM/NAV snapshot useful for liquidity assessment and position-sizing across Robeco’s thematic and regional ETF lineup.

Analysis

The table dated 10/12/2025 is a valuation snapshot of Robeco’s UCITS ETF suite showing units outstanding, shareholder equity base and NAV per share for multiple 3D equity strategies, a Dynamic Theme Machine ETF and a Climate Euro Government Bond ETF. The largest share class by equity is Robeco 3D Global Equity (Bloomberg code 3DGL) at €707.14m with 112,699,650 units outstanding; next largest are Robeco 3D EM Equity (3DEM) at €267.36m with 38,810,000 units and Robeco Climate Euro Government Bond (RCEG) at €266.02m with 52,400,000 units. NAVs per share range from €5.0537 (3DGH) to €6.8888 (3DEM), with most clustered between €5.0 and €6.3, indicating similar share-class denominated pricing across strategies.

Concentration of shareholder equity in a few share classes implies materially better liquidity and potentially lower tracking error for 3DGL, 3DEM and RCEG versus very small share classes such as 3DGE (44,004 units, €273,187.47) and 3DGH (46,721 units, €236,115.76), which carry operational and redemption risk. The theme classification (Market Technicals & Flows; ESG & Climate Policy; Green & Sustainable Finance) highlights that flows and policy developments could reallocate capital among these ETFs, particularly the Climate Euro Government Bond product. Investors should monitor AUM trends and daily liquidity metrics to assess execution risk and the potential for widening spreads or forced rebalancing in the smaller share classes.

Key Decisions for Investors

• Prefer trading and larger allocations in sizeable share classes 3DGL, 3DEM and RCEG due to materially higher shareholder equity and likely better liquidity
• Avoid initiating meaningful positions in micro share classes (e.g., 3DGE, 3DGH, 3DUH) unless liquidity metrics and daily volumes are confirmed adequate, because low equity bases raise tracking and redemption risk
• Monitor AUM movements and fund flows closely given the ETFs’ ESG/climate and thematic positioning, as policy-driven flows could rapidly change liquidity and relative performance
• Size positions conservatively and use limit orders to manage execution risk given NAV clustering and potential for wider bid-ask spreads in smaller share classes