Robeco High Yield Bonds



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Important Information 1. Robeco High Yield Bonds (the Fund aims to provide long term capital growth. The Fund invests at least two thirds of its total assets in bonds, asset backed securities and similar fixed securities with a rating of BBB+ or equivalent or lower by one of the recognized rating agencies, or with no rating. 2. The Fund may use derivatives as part of its investment strategy and such investments are inherently volatile and this Fund could potentially be exposed to additional risks (such as credit/counterparty, market and liquidity risks and costs should the market move against it. The Fund may also use derivatives to take short positions in some investments. The leverage effect embedded in the use of derivatives may cause investors to lose their entire investment in the Fund. 3. Investment in fixed securities is subject to interest rate, default and credit risks. There can be no assurance that the issuers of fixed securities in which the fund may invest will not be subject to credit difficulties, leading to either the downgrading or such securities or instruments, or to the loss of some or all of the sum invested in or payments due on such securities or instruments. 4. Lower-rated or unrated securities generally tend to reflect short-term corporate and market developments to a greater extent than higher-rated securities which react primarily to fluctuations in the general level of interest rates. There are fewer investors in lower-rated or unrated securities, and it may be harder to buy and sell securities at an optimum time. There is also a higher risk that the bond issuer will default in the payment of its principal and/or interest obligations due to reduced creditworthiness. 5. Where a reference is made to the frequency of distributions, this frequency is an aim and not a guarantee. yield is not guaranteed, and is not indicative the return of the Fund. The yield figure is for reference only. The fund may at its discretion to pay out from capital. Distributions may result in the reduction of an investor s original capital invested in the Sub-fund or from any capital gains attributable to that original investment of the Sub-fund. Also, any distributions involving the capital and/or capital gains may result in an immediate reduction of the net asset value per share of the relevant class. of s s to a return or withdrawal of part of an investor s original investment or from any capital gains attributable to that original investment. If there is a change of distribution policy of the Sub-fund, the Management Company will seek the prior approval of the Securities and Futures Commission in Hong Kong ('SFC' and provide at least one month s prior notice to affected Shareholders. 6. The investment decision is yours but you should not invest unless the intermediary which offers this to you has advised you this Fund is suitable for you and has explained why, including that investment in the Fund will be consistent with your investment objectives. Robeco High Yield Bonds September 2015 record AUD 1 share class (BxH AUD (ISIN: LU1036586086 paid rate 1 10 Sep 2015 11 Sep 2015 18 Sep 2015 AUD 96.21 AUD 0.60 42% 58% 7.5% 6 Aug 2015 7 Aug 2015 14 Aug 2015 AUD 96.56 AUD 0.61 44% 56% 7.5% 9 Jul 2015 10 Jul 2015 17 Jul 2015 AUD 96.75 AUD 0.62 84% 16% 7.5% 11 Jun 2015 12 June 2015 19 Jun 2015 AUD 98.00 AUD 0.63 31% 69% 7.5% 7 May 2015 8 May 2015 15 May 2015 AUD 98.55 AUD 0.63 95% 5% 7.5% 9 Apr 2015 10 Apr 2015 19 Apr 2015 AUD 99.12 AUD 0.62 83% 17% 7.5% 12 Mar 2015 13 Mar 2015 20 Mar 2015 AUD 98.38 AUD 0.63 45% 55% 7.5% 12 Feb 2015 13 Feb 2015 20 Feb 2015 AUD 98.18 AUD 0.61 57% 43% 7.5% 15 Jan 2015 16 Jan 2015 22 Jan 2015 AUD 97.73 AUD 0.61 55% 45% 7.5% 11 Dec 2014 12 Dec 2014 19 Dec 2014 AUD 96.30 AUD 0.62 58% 42% 7.5% 13 Nov 2014 14 Nov 2014 21 Nov 2014 AUD 98.45 AUD 0.62 100% 0% 7.5% 9 Oct 2014 10 Oct 2014 17 Oct 2014 AUD 97.73 AUD 0.61 75% 25% 7.5% 11 Sep 2014 12 Sep 2014 19 Sep 2014 AUD 99.03 AUD 0.63 49% 51% 7.5% 7 Aug 2014 8 Aug 2014 14 Aug 2014 AUD 98.75 AUD 0.62 37% 63% 7.5% 10 Jul 2014 11 Jul 2014 18 Jul 2014 AUD 100.26 AUD 0.63 49% 51% 7.5% 12 Jun 2014 13 Jun 2014 20 Jun 2014 AUD 100.74 AUD 0.63 52% 48% 7.5% 8 May 2014 9 May 2014 16 May 2014 AUD 100.32 AUD 0.63 100% 0% 7.5% 10 Apr 2014 11 Apr 2014 17 Apr 2014 AUD 100.21 AUD 0.63 100% 0% 7.5%

September 2015 record AUD zero duration 2 1 share class (0BxH AUD (ISIN: LU1036585864 paid rate 1 10 Sep 2015 11 Sep 2015 18 Sep 2015 AUD 95.01 AUD 0.47 53% 47% 6.0% 6 Aug 2015 7 Aug 2015 14 Aug 2015 AUD 95.85 AUD 0.48 53% 47% 6.0% 9 Jul 2015 10 Jul 2015 17 Jul 2015 AUD 96.05 AUD 0.49 100% 0% 6.0% 11 Jun 2015 12 June 2015 19 Jun 2015 AUD 97.87 AUD 0.49 73% 27% 6.0% 7 May 2015 8 May 2015 15 May 2015 AUD 97.94 AUD 0.49 100% 0% 6.0% 9 Apr 2015 10 Apr 2015 19 Apr 2015 AUD 97.58 AUD 0.49 100% 0% 6.0% 12 Mar 2015 13 Mar 2015 20 Mar 2015 AUD 97.63 AUD 0.49 59% 41% 6.0% 12 Feb 2015 13 Feb 2015 20 Feb 2015 AUD 97.09 AUD 0.48 71% 29% 6.0% 15 Jan 2015 16 Jan 2015 22 Jan 2015 AUD 95.75 AUD 0.48 100% 0% 6.0% 11 Dec 2014 12 Dec 2014 19 Dec 2014 AUD 95.34 AUD 0.49 100% 0% 6.0% 13 Nov 2014 14 Nov 2014 21 Nov 2014 AUD 97.63 AUD 0.49 100% 0% 6.0% 9 Oct 2014 10 Oct 2014 17 Oct 2014 AUD 97.02 AUD 0.49 98% 2% 6.0% 11 Sep 2014 12 Sep 2014 19 Sep 2014 AUD 98.86 AUD 0.50 67% 33% 6.0% 7 Aug 2014 8 Aug 2014 14 Aug 2014 AUD 98.46 AUD 0.50 47% 53% 6.0% 10 Jul 2014 11 Jul 2014 18 Jul 2014 AUD 99.99 AUD 0.50 80% 20% 6.0% 12 Jun 2014 13 Jun 2014 20 Jun 2014 AUD 100.57 AUD 0.50 54% 46% 6.0% 8 May 2014 9 May 2014 16 May 2014 AUD 100.08 AUD 0.50 100% 0% 6.0% 10 Apr 2014 11 Apr 2014 17 Apr 2014 AUD 100.09 AUD 0.50 63% 37% 6.0%

September 2015 record USD 1 share class (BxH USD (ISIN: LU0823114243 paid rate 1 10 Sep 2015 11 Sep 2015 18 Sep 2015 USD 97.47 USD 0.48 49% 51% 6.0% 6 Aug 2015 7 Aug 2015 14 Aug 2015 USD 97.87 USD 0.49 56% 44% 6.0% 9 Jul 2015 10 Jul 2015 17 Jul 2015 USD 98.05 USD 0.50 100% 0% 6.0% 11 Jun 2015 12 June 2015 19 Jun 2015 USD 99.32 USD 0.50 69% 31% 6.0% 7 May 2015 8 May 2015 15 May 2015 USD 100.08 USD 0.50 100% 0% 6.0% 9 Apr 2015 10 Apr 2015 19 Apr 2015 USD 100.57 USD 0.50 100% 0% 6.0% 12 Mar 2015 13 Mar 2015 20 Mar 2015 USD 99.94 USD 0.50 58% 42% 6.0% 12 Feb 2015 13 Feb 2015 20 Feb 2015 USD 99.70 USD 0.50 67% 33% 6.0% 15 Jan 2015 16 Jan 2015 22 Jan 2015 USD 99.42 USD 0.49 100% 0% 6.0% 11 Dec 2014 12 Dec 2014 19 Dec 2014 USD 97.95 USD 0.50 97% 3% 6.0% 13 Nov 2014 14 Nov 2014 21 Nov 2014 USD 100.11 USD 0.50 100% 0% 6.0% 9 Oct 2014 10 Oct 2014 17 Oct 2014 USD 99.51 USD 0.50 98% 2% 6.0% 11 Sep 2014 12 Sep 2014 19 Sep 2014 USD 100.81 USD 0.51 70% 30% 6.0% 7 Aug 2014 8 Aug 2014 14 Aug 2014 USD 100.63 USD 0.51 48% 52% 6.0% 10 Jul 2014 11 Jul 2014 18 Jul 2014 USD 102.24 USD 0.51 82% 18% 6.0% 12 Jun 2014 13 Jun 2014 20 Jun 2014 USD 102.79 USD 0.51 61% 39% 6.0% 8 May 2014 9 May 2014 16 May 2014 USD 102.43 USD 0.51 99% 1% 6.0% 10 Apr 2014 11 Apr 2014 17 Apr 2014 USD 102.39 USD 0.51 67% 33% 6.0% 13 Mar 2014 14 Mar 2014 21 Mar 2014 USD 102.42 USD 0.52 93% 7% 6.0% 13 Feb 2014 14 Feb 2014 21 Feb 2014 USD 101.77 USD 0.51 6% 94% 6.0% 9 Jan 2014 10 Jan 2014 17 Jan 2014 USD 101.63 USD 0.59 100% 0% 6.0% 5 Dec 2013 6 Dec 2013 13 Dec 2013 USD 101.42 USD 0.59 74% 26% 7.0% 7 Nov 2013 8 Nov 2013 15 Nov 2013 USD 101.32 USD 0.59 64% 36% 7.0% 10 Oct 2013 11 Oct 2013 18 Oct 2013 USD 100.59 USD 0.59 62% 38% 7.0% 5 Sep 2013 6 Sep 2013 13 Sep 2013 USD 99.39 USD 0.59 59% 41% 7.0% 8 Aug 2013 9 Aug 2013 16 Aug 2013 USD 100.48 USD 0.59 41% 59% 7.0% 11 Jul 2013 12 Jul 2013 19 Jul 2013 USD 100.04 USD 0.59 62% 38% 7.0% 6 Jun 2013 7 Jun 2013 14 Jun 2013 USD 101.25 USD 0.59 75% 25% 7.0% 8 May 2013 10 May 2013 17 May 2013 USD 104.14 USD 0.59 70% 30% 7.0% 11 Apr 2013 12 Apr 2013 19 Apr 2013 USD 102.64 USD 0.59 25% 75% 7.0% 7 Mar 2013 8 Mar 2013 15 Mar 2013 USD 101.82 USD 0.59 80% 20% 7.0% 7 Feb 2013 8 Feb 2013 15 Feb 2013 USD 101.36 USD 0.59 100% 0% 7.0% 10 Jan 2013 11 Jan 2013 18 Jan 2013 USD 103.66 USD 0.59 100% 0% 7.0% 6 Dec 2012 7 Dec 2012 14 Dec 2012 USD 102.07 USD 0.59 100% 0% 7.0% 8 Nov 2012 9 Nov 2012 16 Nov 2012 USD 100.62 USD 0.59 100% 0% 7.0% 4 Oct 2012 5 Oct 2012 12 Oct 2012 USD 100.33 USD 0.58 47% 53% 7.0%

September 2015 record USD zero duration 2 1 share class (0BxH USD (ISIN: LU1036586672 paid rate 1 10 Sep 2015 11 Sep 2015 18 Sep 2015 USD 93.28 USD 0.39 84% 16% 5.0% 6 Aug 2015 7 Aug 2015 14 Aug 2015 USD 94.10 USD 0.40 100% 0% 5.0% 9 Jul 2015 10 Jul 2015 17 Jul 2015 USD 94.35 USD 0.40 100% 0% 5.0% 11 Jun 2015 12 June 2015 19 Jun 2015 USD 96.20 USD 0.41 100% 0% 5.0% 7 May 2015 8 May 2015 15 May 2015 USD 96.52 USD 0.41 100% 0% 5.0% 9 Apr 2015 10 Apr 2015 19 Apr 2015 USD 96.18 USD 0.40 100% 0% 5.0% 12 Mar 2015 13 Mar 2015 20 Mar 2015 USD 96.40 USD 0.41 70% 30% 5.0% 12 Feb 2015 13 Feb 2015 20 Feb 2015 USD 95.90 USD 0.39 79% 21% 5.0% 15 Jan 2015 16 Jan 2015 22 Jan 2015 USD 94.75 USD 0.40 100% 0% 5.0% 11 Dec 2014 12 Dec 2014 19 Dec 2014 USD 94.44 USD 0.40 100% 0% 5.0% 13 Nov 2014 14 Nov 2014 21 Nov 2014 USD 96.76 USD 0.41 100% 0% 5.0% 9 Oct 2014 10 Oct 2014 17 Oct 2014 USD 96.35 USD 0.41 100% 0% 5.0% 11 Sep 2014 12 Sep 2014 19 Sep 2014 USD 98.17 USD 0.41 84% 16% 5.0% 7 Aug 2014 8 Aug 2014 14 Aug 2014 USD 97.91 USD 0.41 57% 43% 5.0% 10 Jul 2014 11 Jul 2014 18 Jul 2014 USD 99.53 USD 0.42 96% 4% 5.0% 12 Jun 2014 13 Jun 2014 20 Jun 2014 USD 100.24 USD 0.42 69% 31% 5.0% 8 May 2014 9 May 2014 16 May 2014 USD 99.88 USD 0.42 62% 38% 5.0% 10 Apr 2014 11 Apr 2014 17 Apr 2014 USD 100.00 USD 0.42 23% 77% 5.0%

Important Information Source: Robeco, calculations are based on the net up until 31 August 2015. 1 prices of the first business day of these 12 months * 100%. Positive distribution yield does not imply positive return. yield is not guaranteed, and is not indicative the return of the Fund. The yield figure is for reference only. The fund may at its discretion to pay out from capital. Distributions may result in the reduction of an investor s original capital invested in the Sub-fund or from any capital gains attributable to that original investment of the Sub-fund. Also, any distributions involving the capital and/or capital gains may result in an immediate reduction of the net asset value per share of the relevant class. of s s to a return or withdrawal of part of an investor s original investment or from any capital gains attributable to that original investment. If there is a change of distribution policy of the Sub-fund, the Management Company will seek the prior approval of the Securities and Futures Commission in Hong Kong ('SFC' and provide at least one month s prior notice to affected Shareholders. 2 Zero Duration is a commercial name for the Hedged Duration Class(es referred in the fund s Hong Kong prospectus Robeco Capital Growth Funds SICAV. The contents of this document have not been reviewed by any regulatory authority in Hong Kong. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. This document has been distributed by Robeco Hong Kong Limited ( Robeco. Robeco is regulated by the Securities and Futures Commission in Hong Kong. This document has been prepared on a confidential basis solely for the recipient and is for information purposes only. Any reproduction or distribution of this documentation, in whole or in part, or the disclosure of its contents, without the prior written consent of Robeco, is prohibited. By accepting this documentation, the recipient agrees to the foregoing. This document is intended to provide the reader with information on Robeco s specific capabilities, but does not constitute a recommendation to buy or sell certain securities or investment products. Investment decisions should only be based on the relevant prospectus and on thorough financial, fiscal and legal advice. The contents of this document are based upon sources of information believed to be reliable. This document is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Investment Involves risks. Historical returns are provided for illustrative purposes only and do not necessarily reflect Robeco s expectations for the future. The value of your investments may fluctuate. Past performance is no indication of current or future performance. Robeco Asia Pacific 27/F, Man Yee Building, 68 Des Voeux Road Central, Central, Hong Kong +852 3719 7528 +852 2530 5696 RobecoHongKong@robeco.com www.robeco.hk