Public HTML RI reports - PRI reporting framework 2020

Select the services and funds you offer	% of asset under management (AUM) in ranges
Fund management	0% <10% 10-50% >50%
Fund of funds, manager of managers, sub-advised products	0% <10% 10-50% >50%
Other	0% <10% 10-50% >50%
Total 100%

Further options (may be selected in addition to the above)

Hedge funds

Fund of hedge funds

01.2. Additional information. [Optional]

SPF Beheer provides asset management services for Spoorwegpensioenfonds and the Pensioenfonds Openbaar Vervoer. About 60% of the assets are managed by SPF Beheer internally. The remainder part is invested via third party funds that are selected by SPF Beheer. In the end, our clients have the final say on what to invest in. They determine the asset allocation and could even demand SPF Beheer to divest from a specific sector or company. Yet, not every potential investment is discussed with the clients. In general, clients decide on the asset allocation and whether they want to avoid certain sectors and SPF Beheer decides what specific companies to invest in.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Netherlands

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

166.7 FTE

02.4. Additional information. [Optional]

The number of FTE covers asset management, pension administration as well as supporting services.

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

SPF Beheer is a subsidiary of the Spoorwegpensioenfonds (SPF). They both report independently from each other. SPF Beheer provides services to the Spoorwegpensioenfonds (SPF) and the Pensioenfonds Openbaar Vervoer (SPOV).

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2019

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.4. Indicate the assets which are subject to an execution and/or advisory approach. Provide this figure based on the end of your reporting year

Not applicable as we do not have any assets under execution and/or advisory approach

04.5. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	10-50% 19.5	10-50% 13.6
Fixed income	10-50% 29.5	10-50% 10.2
Private equity	0 0	<10% 3.06
Property	<10% 7.2	<10% 3
Infrastructure	0 0	<10% 1.79
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	<10% 0.56
Cash	0 0	0 0
Money market instruments	<10% 1.85	0 0
Other (1), specify	0 0	<10% 9.7
Other (2), specify	0 0	0 0

`Other (1)` specified

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

OO 07. Fixed income AUM breakdown (Private)

OO 08. Segregated mandates or pooled funds (Private)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

84.45 Developed Markets

12.85 Emerging Markets

0.74 Frontier Markets

2 Other Markets

Total 100% 100.04%

09.2. Additional information. [Optional]

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