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(Hedged\))Tj
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q
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T*
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(\(5\))Tj
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0 Tc
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0 -1.225 TD
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T*
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T*
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327.5 464.089 19 12.5 re
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(5)Tj
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0.2 i
351.5 464.089 19 12.5 re
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(-)Tj
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(6)Tj
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(29-Feb-16 )Tj
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0.2 i
375.5 464.089 19 12.5 re
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BT
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(-)Tj
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(28-Feb-1)Tj
ET
q
0.2 i
375.5 464.089 19 12.5 re
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BT
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(7)Tj
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(28-Feb-17 )Tj
ET
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0.2 i
399.5 464.089 19 12.5 re
W n
BT
5 0 0 5 417.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 418.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(28-Feb-1)Tj
ET
q
0.2 i
399.5 464.089 19 12.5 re
W n
BT
5 0 0 5 416.58 466.5893 Tm
0 Tc
(8)Tj
ET
Q
BT
5 0 0 5 425.255 472.5892 Tm
(28-Feb-18 )Tj
ET
q
0.2 i
423.5 464.089 19 12.5 re
W n
BT
5 0 0 5 441.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 442.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(28-Feb-1)Tj
ET
q
0.2 i
423.5 464.089 19 12.5 re
W n
BT
5 0 0 5 440.58 466.5893 Tm
0 Tc
(9)Tj
ET
Q
BT
5 0 0 5 449.255 472.5892 Tm
(28-Feb-19 )Tj
ET
q
0.2 i
447.5 464.089 19 12.5 re
W n
BT
5 0 0 5 465.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 466.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(29-Feb-2)Tj
ET
q
0.2 i
447.5 464.089 19 12.5 re
W n
BT
5 0 0 5 464.58 466.5893 Tm
0 Tc
(0)Tj
ET
Q
BT
5 0 0 5 473.255 472.5892 Tm
(29-Feb-20 )Tj
ET
q
0.2 i
471.5 464.089 19 12.5 re
W n
BT
5 0 0 5 489.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 490.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(28-Feb-21)Tj
4.42 1.2 TD
(28-Feb-21 )Tj
ET
q
0.2 i
495.5 464.089 19 12.5 re
W n
BT
5 0 0 5 513.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 514.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(28-Feb-2)Tj
ET
q
0.2 i
495.5 464.089 19 12.5 re
W n
BT
5 0 0 5 512.58 466.5893 Tm
0 Tc
(2)Tj
ET
Q
BT
5 0 0 5 521.255 472.5892 Tm
(28-Feb-22 )Tj
ET
q
0.2 i
519.5 464.089 19 12.5 re
W n
BT
5 0 0 5 537.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 538.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(28-Feb-2)Tj
ET
q
0.2 i
519.5 464.089 19 12.5 re
W n
BT
5 0 0 5 536.58 466.5893 Tm
0 Tc
(3)Tj
ET
Q
BT
5 0 0 5 545.255 472.5892 Tm
(28-Feb-23 )Tj
ET
q
0.2 i
543.5 464.089 19 12.5 re
W n
BT
5 0 0 5 561.41 472.5892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 562.5 472.5892 Tm
0 Tc
( )Tj
-3.069 -1.2 TD
-0.06 Tc
(29-Feb-2)Tj
ET
q
0.2 i
543.5 464.089 19 12.5 re
W n
BT
5 0 0 5 560.58 466.5893 Tm
0 Tc
(4)Tj
ET
Q
q
212.5 451.089 115 13 re
W n
0.132 0.08 0.028 0 k
212.5 464.089 115 -13 re
f
Q
BT
8 0 0 8 217.5 455.5892 Tm
-0.025 Tc
(Fund \(EUR\))Tj
ET
q
327.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
327.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 344.476 455.5892 Tm
0 Tc
(-)Tj
ET
q
351.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 368.476 455.5892 Tm
(-)Tj
ET
q
375.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 392.476 455.5892 Tm
(-)Tj
ET
q
399.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 416.476 455.5892 Tm
(-)Tj
ET
q
423.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
423.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 432.196 455.5892 Tm
-0.025 Tc
(-4.5)Tj
ET
q
447.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
447.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 458.22 455.5892 Tm
(3.6)Tj
ET
q
471.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
471.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 482.22 455.5892 Tm
(3.7)Tj
ET
q
495.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
495.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 504.196 455.5892 Tm
(-5.3)Tj
ET
q
519.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
519.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 528.196 455.5892 Tm
(-5.0)Tj
ET
q
543.5 451.089 24 13 re
W n
0.132 0.08 0.028 0 k
543.5 464.089 24 -13 re
f
Q
BT
8 0 0 8 554.22 455.5892 Tm
(5.8)Tj
-42.09 -1.625 TD
(Index)Tj
15.872 0 TD
2.722 Tc
[(----)1035(-)2747(0)2747(.)]TJ
ET
q
0.2 i
423.5 438.089 19 11 re
W n
BT
8 0 0 8 439.148 442.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 456.196 442.5892 Tm
-0.025 Tc
(-0.)Tj
ET
q
0.2 i
447.5 438.089 19 11 re
W n
BT
8 0 0 8 463.148 442.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 480.196 442.5892 Tm
[(-0.5)-1712(-0.6)-1712(-0.1)-1965(3.3)]TJ
ET
q
212.5 413.589 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 430.089 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 419.0892 Tm
0 0 0 0 k
-0.015 Tc
(Performance Summary \(%\))Tj
/F5 1 Tf
8 0 0 8 398.052 402.0892 Tm
0 0 0 1 k
-0.025 Tc
[(Cumulative)-9389(Annualised)]TJ
/F2 1 Tf
-6.419 -1.625 TD
[(Since Launch)-1709(1 Mth)-1345(3 Mths)-2325(YTD)]TJ
ET
q
477.5 384.589 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 397.589 m
481.5 372.589 l
S
Q
BT
8 0 0 8 491.748 389.0892 Tm
(1 Y)Tj
ET
q
0.2 i
482.5 384.589 20 11 re
W n
BT
8 0 0 8 500.476 389.0892 Tm
0 Tc
(r)Tj
ET
Q
BT
8 0 0 8 518.836 389.0892 Tm
[(3 Yrs)-2042(5 Yrs)]TJ
ET
0.132 0.08 0.028 0 k
212.5 384.589 130 -13 re
f
BT
8 0 0 8 217.5 376.0892 Tm
0 0 0 1 k
(Class R Shares \(Acc\) \(EUR-Hedged\))Tj
4 0 0 4 311.756 379.5892 Tm
-0.05 Tc
(\(4\))Tj
ET
q
342.5 371.589 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 384.589 45 -13 re
f
Q
BT
8 0 0 8 367.716 376.0892 Tm
-0.025 Tc
(\(1.19\))Tj
ET
q
387.5 371.589 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 384.589 30 -13 re
f
Q
BT
8 0 0 8 397.716 376.0892 Tm
(\(0.37\))Tj
ET
0.132 0.08 0.028 0 k
417.5 384.589 30 -13 re
f
BT
8 0 0 8 430.868 376.0892 Tm
0 0 0 1 k
(2.82)Tj
ET
0.132 0.08 0.028 0 k
447.5 384.589 30 -13 re
f
BT
8 0 0 8 457.716 376.0892 Tm
0 0 0 1 k
(\(0.54\))Tj
ET
q
477.5 371.589 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 384.589 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 384.589 m
481.5 359.589 l
S
Q
0.132 0.08 0.028 0 k
482.5 384.589 25 -13 re
f
BT
8 0 0 8 490.868 376.0892 Tm
0 0 0 1 k
(5.78)Tj
ET
0.132 0.08 0.028 0 k
507.5 384.589 30 -13 re
f
BT
8 0 0 8 517.716 376.0892 Tm
0 0 0 1 k
(\(1.65\))Tj
ET
0.132 0.08 0.028 0 k
537.5 384.589 30 -13 re
f
BT
8 0 0 8 550.868 376.0892 Tm
0 0 0 1 k
(0.42)Tj
-41.671 -1.625 TD
(ICE BofA 3-Month German Treasury Bill Index )Tj
0 -1.3125 TD
(\(TR;EUR;Unh\))Tj
4 0 0 4 253.308 356.0892 Tm
-0.05 Tc
(\(5\))Tj
8 0 0 8 370.868 363.0892 Tm
-0.025 Tc
(1.2)Tj
ET
q
0.2 i
342.5 358.589 40 11 re
W n
BT
8 0 0 8 379.148 363.0892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 400.868 363.0892 Tm
[(0.33)-2296(0.89)-2296(0.59)]TJ
ET
q
477.5 348.089 5 23.5 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 371.589 m
481.5 346.589 l
S
Q
BT
8 0 0 8 490.868 363.0892 Tm
[(3.25)-2296(0.86)-2296(0.3)]TJ
ET
q
0.2 i
537.5 358.589 25 11 re
W n
BT
8 0 0 8 559.1479 363.0892 Tm
0 Tc
(4)Tj
ET
Q
0.132 0.08 0.028 0 k
212.5 348.089 130 -23.5 re
f
BT
8 0 0 8 217.5 339.5892 Tm
0 0 0 1 k
(Morningstar Global Emerging Markets Bond - )Tj
T*
(EUR Biased)Tj
4 0 0 4 248.82 332.5892 Tm
-0.05 Tc
(\(3\))Tj
ET
q
342.5 324.589 45 23.5 re
W n
0.132 0.08 0.028 0 k
342.5 348.089 45 -23.5 re
f
Q
q
387.5 324.589 30 23.5 re
W n
0.132 0.08 0.028 0 k
387.5 348.089 30 -23.5 re
f
Q
BT
8 0 0 8 400.868 339.5892 Tm
-0.025 Tc
(0.50)Tj
ET
0.132 0.08 0.028 0 k
417.5 348.089 30 -23.5 re
f
BT
8 0 0 8 430.868 339.5892 Tm
0 0 0 1 k
(3.75)Tj
ET
0.132 0.08 0.028 0 k
447.5 348.089 30 -23.5 re
f
BT
8 0 0 8 457.716 339.5892 Tm
0 0 0 1 k
(\(0.12\))Tj
ET
q
477.5 324.589 5 23.5 re
W n
0.132 0.08 0.028 0 k
477.5 348.089 5 -23.5 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 348.089 m
481.5 323.089 l
S
Q
0.132 0.08 0.028 0 k
482.5 348.089 25 -23.5 re
f
BT
8 0 0 8 490.868 339.5892 Tm
0 0 0 1 k
(7.71)Tj
ET
0.132 0.08 0.028 0 k
507.5 348.089 30 -23.5 re
f
BT
8 0 0 8 517.716 339.5892 Tm
0 0 0 1 k
(\(3.80\))Tj
ET
0.132 0.08 0.028 0 k
537.5 348.089 30 -23.5 re
f
BT
8 0 0 8 547.716 339.5892 Tm
0 0 0 1 k
(\(1.27\))Tj
-41.277 -2.9375 TD
(Quartile Position in Sector)Tj
4 0 0 4 287.62 319.5892 Tm
-0.05 Tc
(\(3\))Tj
ET
q
0.2 i
387.5 311.589 25 11 re
W n
BT
8 0 0 8 409.148 316.0892 Tm
0 Tc
(4)Tj
ET
Q
q
0.2 i
417.5 311.589 25 11 re
W n
BT
8 0 0 8 439.148 316.0892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 469.148 316.0892 Tm
0 Tc
(3)Tj
ET
q
477.5 311.589 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 324.589 m
481.5 299.589 l
S
Q
BT
8 0 0 8 499.148 316.0892 Tm
3.306 Tc
(311)Tj
ET
0.53 0.32 0.11 0 k
212.5 305.589 355 -16.5 re
f
BT
/F4 1 Tf
10 0 0 10 216.5 294.5892 Tm
0 0 0 0 k
-0.015 Tc
(Calendar Year Performance \(%\))Tj
/F2 1 Tf
8 0 0 8 333.092 280.5892 Tm
0 0 0 1 k
-0.025 Tc
(201)Tj
ET
q
0.2 i
326.5 276.089 20 11 re
W n
BT
8 0 0 8 343.148 280.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 357.092 280.5892 Tm
[(2015)-1324(2016)-1324(2017)-1324(2018)-1324(2019)-1324(2020)-1324(2021)-1324(2022)-1324(2023)]TJ
ET
q
212.5 263.089 114 13 re
W n
0.132 0.08 0.028 0 k
212.5 276.089 114 -13 re
f
Q
BT
8 0 0 8 217.5 267.5892 Tm
(Class R Shares \(Acc\) \(EUR-Hedged\))Tj
ET
0.132 0.08 0.028 0 k
326.5 276.089 25 -13 re
f
BT
8 0 0 8 344.476 267.5892 Tm
0 0 0 1 k
0 Tc
(-)Tj
ET
q
351.5 263.089 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 276.089 24 -13 re
f
Q
BT
8 0 0 8 368.476 267.5892 Tm
(-)Tj
ET
q
375.5 263.089 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 276.089 24 -13 re
f
Q
BT
8 0 0 8 392.476 267.5892 Tm
(-)Tj
ET
q
399.5 263.089 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 276.089 24 -13 re
f
Q
BT
8 0 0 8 416.476 267.5892 Tm
(-)Tj
ET
0.132 0.08 0.028 0 k
423.5 276.089 24 -13 re
f
BT
8 0 0 8 432.196 267.5892 Tm
0 0 0 1 k
-0.025 Tc
(-7.2)Tj
ET
0.132 0.08 0.028 0 k
447.5 276.089 24 -13 re
f
BT
8 0 0 8 458.22 267.5892 Tm
0 0 0 1 k
(5.)Tj
ET
q
0.2 i
447.5 263.089 19 11 re
W n
BT
8 0 0 8 463.148 267.5892 Tm
0 Tc
(4)Tj
ET
Q
0.132 0.08 0.028 0 k
471.5 276.089 24 -13 re
f
BT
8 0 0 8 482.22 267.5892 Tm
0 0 0 1 k
(7.)Tj
ET
q
0.2 i
471.5 263.089 19 11 re
W n
BT
8 0 0 8 487.148 267.5892 Tm
0 Tc
(4)Tj
ET
Q
0.132 0.08 0.028 0 k
495.5 276.089 24 -13 re
f
BT
8 0 0 8 506.22 267.5892 Tm
0 0 0 1 k
(0.3)Tj
ET
0.132 0.08 0.028 0 k
519.5 276.089 24 -13 re
f
BT
8 0 0 8 524.844 267.5892 Tm
0 0 0 1 k
(-12.2)Tj
ET
0.132 0.08 0.028 0 k
543.5 276.089 24 -13 re
f
BT
8 0 0 8 554.22 267.5892 Tm
0 0 0 1 k
(6.2)Tj
-42.09 -1.625 TD
(ICE BofA 3-Month German Treasury Bill )Tj
0 -1.3125 TD
(Index \(TR;EUR;Unh\))Tj
15.872 1.3125 TD
2.722 Tc
[(----)1035(-)2747(0)2747(.)]TJ
ET
q
0.2 i
423.5 250.089 19 11 re
W n
BT
8 0 0 8 439.148 254.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 456.196 254.5892 Tm
-0.025 Tc
(-0.)Tj
ET
q
0.2 i
447.5 250.089 19 11 re
W n
BT
8 0 0 8 463.148 254.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 480.196 254.5892 Tm
(-0.)Tj
ET
q
0.2 i
471.5 250.089 19 11 re
W n
BT
8 0 0 8 487.148 254.5892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 504.196 254.5892 Tm
[(-0.6)-1712(-0.3)-1965(2.8)]TJ
/F5 1 Tf
-35.837 -12.2361 TD
(This is a marketing communication. Please refer to the Prospectus and KIID before making any nal investment )Tj
0 -1.225 TD
(decisions. Please see Additional Notes. All performance and holdings data as at 29-Feb-24.)Tj
0 -1.2875 TD
0 Tc
[(Past performance does not predict future returns. The fund)74(s returns may increase or decrease as a result of )]TJ
0 -1.225 TD
(changes to foreign exchange rates.)Tj
/F2 1 Tf
T*
[(* W)18(e)0( identify two broad categories of funds to help investors think about how to construct their overall investment )]TJ
T*
[(portfolio. W)18(e)0( describe the following as)]TJ
/F5 1 Tf
14.085 0 TD
( Core)Tj
/F2 1 Tf
2.999 0 TD
(: \(A\) Equity funds with a global investment remit or those mainly focused )Tj
-17.084 -1.225 TD
(on US and European markets, given the size and transparency of these markets. \(B\) Fixed income funds with a global )Tj
T*
(investment remit or those mainly focused on US, European and UK markets and invest predominantly in investment )Tj
T*
(grade debt, including government. \(C\) Multi asset funds with a multi asset benchmark. All other funds we describe as)Tj
/F5 1 Tf
42.368 0 TD
( )Tj
-42.368 -1.225 TD
(Complements)Tj
/F2 1 Tf
6.388 0 TD
(. Both Core and Complement funds can vary in risk level and those terms are not meant to indicate the )Tj
-6.388 -1.225 TD
(risk level of the funds. There is no guarantee that these objectives will be met.)Tj
T*
(For regionally focused investment portfolios we understand that the categorisation may be different from the perspective )Tj
T*
(of different investors.)Tj
/F5 1 Tf
7.775 0 TD
( Consult your nancial adviser before investing to help determine if an investment in this )Tj
ET
q
0.2 i
217.5 24.5 350 118.1 re
W n
BT
8 0 0 8 217.5 28.8 Tm
(f)Tj
ET
Q
BT
8 0 0 8 219.724 28.8 Tm
(und and the amount of the investment would be suitable)Tj
/F2 1 Tf
22.61 0 TD
(.)Tj
ET
0.746 0.676 0.668 0.898 k
0.2 i
108.925 31.419 m
105.949 38.753 l
104.863 38.753 l
104.863 30.486 l
105.831 30.486 l
105.831 36.852 l
105.913 36.544 106.185 35.812 106.244 35.67 c
108.405 30.486 l
109.433 30.486 l
111.594 35.682 l
111.653 35.812 111.925 36.544 112.019 36.852 c
112.019 30.486 l
112.976 30.486 l
112.976 38.753 l
111.889 38.753 l
h
117.452 44.417 m
117.452 45.42 116.719 45.917 115.503 46.152 c
114.523 46.341 113.944 46.637 113.944 47.192 c
113.944 47.711 114.476 47.983 115.113 47.983 c
115.799 47.983 116.377 47.629 116.66 46.885 c
117.393 47.31 l
116.991 48.208 116.306 48.739 115.102 48.739 c
114.003 48.739 113.07 48.148 113.07 47.168 c
113.07 46.152 113.944 45.633 115.066 45.432 c
116.07 45.243 116.53 44.96 116.53 44.369 c
116.53 43.767 116.023 43.365 115.255 43.365 c
114.381 43.365 113.802 43.909 113.531 44.747 c
112.739 44.251 l
113.106 43.342 113.932 42.55 115.255 42.55 c
116.684 42.55 117.452 43.448 117.452 44.417 c
108.252 49.258 m
108.335 49.448 108.429 49.719 108.476 49.884 c
108.524 49.719 108.618 49.448 108.7 49.258 c
109.965 45.999 l
106.988 45.999 l
h
106.657 45.148 m
110.295 45.148 l
111.24 42.716 l
112.291 42.716 l
108.984 50.983 l
107.968 50.983 l
104.662 42.716 l
105.713 42.716 l
h
93.693 30.57 0.476 23.298 re
135.758 31.407 m
134.612 31.407 133.844 32.222 133.844 33.544 c
133.844 34.867 134.612 35.682 135.758 35.682 c
136.903 35.682 137.682 34.867 137.682 33.544 c
137.682 32.222 136.903 31.407 135.758 31.407 c
137.612 35.505 m
137.246 36.096 136.572 36.509 135.639 36.509 c
134.175 36.509 132.899 35.422 132.899 33.544 c
132.899 31.714 134.104 30.581 135.639 30.581 c
136.572 30.581 137.21 31.005 137.612 31.655 c
137.612 30.805 l
137.612 29.387 136.974 28.703 135.781 28.703 c
134.777 28.703 134.163 29.045 134.163 29.6 c
134.163 29.765 134.198 29.895 134.246 30.025 c
133.36 30.285 l
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156.696 34.029 m
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158.716 36.509 m
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32.369 47.929 m
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8 0 0 8 180.868 639.8892 Tm
0 0 0 1 k
(7.48)Tj
ET
q
0.6 i
27.5 612.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 629.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 618.3893 Tm
0 0 0 0 k
-0.015 Tc
(Fund Characteristics)Tj
/F2 1 Tf
8 0 0 8 32.5 604.3892 Tm
0 0 0 1 k
-0.025 Tc
(Currency - Class R Shares \(Acc\) \(EUR-)Tj
0 -1.3125 TD
(Hedged\))Tj
18.575 1.3125 TD
(EUR)Tj
ET
q
0.6 i
27.5 565.889 120 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 589.389 120 -23.5 re
f
Q
BT
8 0 0 8 32.5 580.8893 Tm
(Inception Date - Class R Shares \(Acc\) )Tj
0 -1.3125 TD
(\(EUR-Hedged\))Tj
ET
q
0.6 i
147.5 565.889 50 23.5 re
W n
0.132 0.08 0.028 0 k
147.5 589.389 50 -23.5 re
f
Q
BT
8 0 0 8 164.092 580.8893 Tm
(21-Nov-17)Tj
-16.449 -2.9375 TD
[(Fund Domicile)-11079(Luxembourg)]TJ
ET
q
0.6 i
27.5 530.389 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 546.889 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 535.8892 Tm
0 0 0 0 k
-0.015 Tc
(Fund Facts)Tj
/F2 1 Tf
8 0 0 8 32.5 518.8892 Tm
0 0 0 1 k
-0.025 Tc
(ISIN - Class R Shares \(Acc\) \(EUR-)Tj
0 -1.3125 TD
(Hedged\))Tj
14.915 1.3125 TD
(LU1706949705)Tj
ET
0.132 0.08 0.028 0 k
27.5 503.889 115 -23.5 re
f
BT
8 0 0 8 32.5 495.3892 Tm
0 0 0 1 k
(Bloomberg Ticker - Class R Shares \(Acc\) )Tj
0 -1.3125 TD
(\(EUR-Hedged\))Tj
ET
0.132 0.08 0.028 0 k
142.5 503.889 55 -23.5 re
f
BT
8 0 0 8 157.164 495.3892 Tm
0 0 0 1 k
(GSEERHA L)Tj
ET
q
142.5 490.889 50 11 re
W n
BT
8 0 0 8 188.7 495.3892 Tm
0 Tc
(X)Tj
ET
Q
BT
8 0 0 8 32.5 471.8892 Tm
[(Dividend Distribution Frequency)-7437(None)]TJ
ET
q
0.6 i
27.5 454.389 115 13 re
W n
0.132 0.08 0.028 0 k
27.5 467.389 115 -13 re
f
Q
BT
8 0 0 8 32.5 458.8892 Tm
(Dealing and valuation)Tj
ET
q
0.6 i
142.5 454.389 55 13 re
W n
0.132 0.08 0.028 0 k
142.5 467.389 55 -13 re
f
Q
BT
8 0 0 8 178.836 458.8892 Tm
(Dail)Tj
ET
q
142.5 454.389 50 11 re
W n
BT
8 0 0 8 189.588 458.8892 Tm
0 Tc
(y)Tj
ET
Q
BT
8 0 0 8 32.5 445.8892 Tm
[(Reporting year end)-9065(30 Novembe)]TJ
ET
q
142.5 441.389 50 11 re
W n
BT
8 0 0 8 190.476 445.8892 Tm
0 Tc
(r)Tj
ET
Q
q
0.6 i
27.5 417.889 50 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 441.389 50 -23.5 re
f
Q
BT
8 0 0 8 32.5 432.8892 Tm
(Reference )Tj
T*
(Benchmark)Tj
ET
q
0.6 i
77.5 417.889 120 23.5 re
W n
0.132 0.08 0.028 0 k
77.5 441.389 120 -23.5 re
f
Q
BT
8 0 0 8 85.716 432.8892 Tm
(ICE BofA 3-Month German Treasury Bill )Tj
6.857 -1.3125 TD
(Index \(TR;EUR;Unh\))Tj
-13.509 -1.625 TD
[(Settlement)-14600(T + 3)]TJ
ET
1 0.84 0.31 0.17 k
27.5 398.889 170 -29.5 re
f
BT
/F4 1 Tf
10 0 0 10 31.5 387.8892 Tm
0 0 0 0 k
-0.015 Tc
(Fund Objective and Investment )Tj
0 -1.3 TD
(Policy)Tj
/F1 1 Tf
8 0 0 8 27.5 359.3892 Tm
0.53 0.32 0.11 0 k
0 Tc
(The Fund seeks to provide income and capital )Tj
0 -1.25 TD
(growth. Absolute returns are not guaranteed and )Tj
T*
(your capital is at risk. The Fund seeks to achieve its )Tj
T*
(objective by investing in in investment grade and )Tj
T*
(below investment grade xed income securities and )Tj
T*
(currencies of emerging markets governments and )Tj
T*
(companies \(including up to 10% in distressed )Tj
T*
(securities\) and in nancial derivative instruments.)Tj
ET
q
0.6 i
212.5 697.889 170 16.5 re
W n
212.5 714.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 703.3892 Tm
0 0 0 0 k
-0.015 Tc
(Sector Allocation \(%\))Tj
ET
q
0.6 i
397.5 697.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
397.5 714.389 170 -16.5 re
f
Q
BT
10 0 0 10 401.5 703.3892 Tm
(Top 10 Currency Weights \(%\))Tj
ET
q
254 683.889 18 8 re
W n
0 0 0 1 K
0 J 0 j 0.5 w 10 M []0 d
/GS2 gs
270.846 685.91 m
262.45 689.837 254.582 689.142 y
254.5 691.889 m
254.5 686.272 l
269.281 688.483 m
271.19 685.895 l
268.035 684.594 l
S
Q
0.79 0.18 1 0.04 k
/GS2 gs
0.6 i
252.5 652.889 m
252.5 682.889 l
269.069 682.889 282.5 669.458 282.5 652.889 c
282.5 643.02 277.646 633.782 269.518 628.183 c
h
252.5 652.889 m
f
0 0 0 0 K
0 J 0 j 0.1 w 10 M []0 d
/GS1 gs
252.5 652.889 m
252.5 682.889 l
269.069 682.889 282.5 669.458 282.5 652.889 c
282.5 643.02 277.646 633.782 269.518 628.183 c
h
252.5 652.889 m
S
252.5 652.889 m
269.518 628.183 l
255.873 618.784 237.193 622.226 227.794 635.871 c
225.361 639.403 223.714 643.416 222.963 647.639 c
h
252.5 652.889 m
f
252.5 652.889 m
269.518 628.183 l
255.873 618.784 237.193 622.226 227.794 635.871 c
225.361 639.403 223.714 643.416 222.963 647.639 c
h
252.5 652.889 m
S
252.5 652.889 m
222.963 647.639 l
221.673 654.895 223.099 662.372 226.97 668.644 c
h
252.5 652.889 m
f
252.5 652.889 m
222.963 647.639 l
221.673 654.895 223.099 662.372 226.97 668.644 c
h
252.5 652.889 m
S
252.5 652.889 m
226.97 668.644 l
229.356 672.511 232.589 675.785 236.425 678.219 c
h
252.5 652.889 m
f
252.5 652.889 m
226.97 668.644 l
229.356 672.511 232.589 675.785 236.425 678.219 c
h
252.5 652.889 m
S
252.5 652.889 m
236.425 678.219 l
237.433 678.859 238.479 679.438 239.556 679.953 c
h
252.5 652.889 m
f
252.5 652.889 m
236.425 678.219 l
237.433 678.859 238.479 679.438 239.556 679.953 c
h
252.5 652.889 m
S
252.5 652.889 m
239.556 679.953 l
239.613 679.98 239.67 680.007 239.727 680.034 c
h
252.5 652.889 m
f
252.5 652.889 m
239.556 679.953 l
239.613 679.98 239.67 680.007 239.727 680.034 c
h
252.5 652.889 m
S
252.5 652.889 m
239.727 680.034 l
243.722 681.914 248.084 682.889 252.5 682.889 c
h
252.5 652.889 m
f
252.5 652.889 m
239.727 680.034 l
243.722 681.914 248.084 682.889 252.5 682.889 c
h
252.5 652.889 m
S
0 0 0 0 k
267.5 652.889 m
267.5 661.173 260.784 667.889 252.5 667.889 c
244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
f
267.5 652.889 m
267.5 661.173 260.784 667.889 252.5 667.889 c
244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 687.3892 Tm
0.79 0.18 1 0.04 k
-0.0333 Tc
(40.4)Tj
ET
q
0.2 i
287.5 683.889 16 8 re
W n
BT
6 0 0 6 299.032 687.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 687.3892 Tm
0 0 0 1 k
(External Corporate)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(31.8)Tj
ET
q
0.2 i
287.5 674.889 16 8 re
W n
BT
6 0 0 6 299.032 678.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 678.3892 Tm
0 0 0 1 k
(External Sovereign)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(11.6)Tj
ET
q
0.2 i
287.5 665.889 16 8 re
W n
BT
6 0 0 6 299.032 669.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 669.3892 Tm
0 0 0 1 k
(Local Sovereign)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(7.2)Tj
ET
q
0.2 i
287.5 656.889 16 8 re
W n
BT
6 0 0 6 299.032 660.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 660.3892 Tm
0 0 0 1 k
(External Quasi-Sovereign)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(1.9)Tj
ET
q
0.2 i
287.5 647.889 16 8 re
W n
BT
6 0 0 6 299.032 651.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 651.3892 Tm
0 0 0 1 k
(Supranational)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.1)Tj
ET
q
0.2 i
287.5 638.889 16 8 re
W n
BT
6 0 0 6 299.032 642.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 642.3892 Tm
0 0 0 1 k
(Other)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(7.0)Tj
ET
q
0.2 i
287.5 629.889 16 8 re
W n
BT
6 0 0 6 299.032 633.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 633.3892 Tm
0 0 0 1 k
(Cash)Tj
ET
0 0 0 0.4 K
0.2 w
469.5 550.806 m
564.5 550.806 l
469.5 563.723 m
564.5 563.723 l
469.5 576.639 m
564.5 576.639 l
469.5 589.556 m
564.5 589.556 l
469.5 602.473 m
564.5 602.473 l
469.5 615.389 m
564.5 615.389 l
469.5 628.306 m
564.5 628.306 l
469.5 641.223 m
564.5 641.223 l
469.5 654.139 m
564.5 654.139 l
469.5 667.056 m
564.5 667.056 l
469.5 679.973 m
564.5 679.973 l
469.5 692.889 m
564.5 692.889 l
S
0.79 0.18 1 0.04 k
484.32 549.306 4.18 -9.917 re
f
BT
/F2 1 Tf
5 0 0 5 472.295 542.3475 Tm
/Cs7 cs 0 scn
0 Tc
(-6.6 )Tj
ET
0.79 0.18 1 0.04 k
488.5 562.223 0.19 -9.917 re
f
BT
5 0 0 5 493.36 555.2642 Tm
/Cs7 cs 0 scn
(0.3 )Tj
ET
0.79 0.18 1 0.04 k
488.5 575.139 0.317 -9.917 re
f
BT
5 0 0 5 493.4866 568.1809 Tm
/Cs7 cs 0 scn
(0.5 )Tj
ET
0.79 0.18 1 0.04 k
488.5 588.056 0.38 -9.917 re
f
BT
5 0 0 5 493.55 581.0975 Tm
/Cs7 cs 0 scn
(0.6 )Tj
ET
0.79 0.18 1 0.04 k
488.5 600.973 0.38 -9.917 re
f
BT
5 0 0 5 493.55 594.0142 Tm
/Cs7 cs 0 scn
(0.6 )Tj
ET
0.79 0.18 1 0.04 k
488.5 613.889 0.443 -9.917 re
f
BT
5 0 0 5 493.6133 606.9309 Tm
/Cs7 cs 0 scn
(0.7 )Tj
ET
0.79 0.18 1 0.04 k
488.5 626.806 0.443 -9.917 re
f
BT
5 0 0 5 493.6133 619.8475 Tm
/Cs7 cs 0 scn
(0.7 )Tj
ET
0.79 0.18 1 0.04 k
488.5 639.723 0.57 -9.917 re
f
BT
5 0 0 5 493.74 632.7642 Tm
/Cs7 cs 0 scn
(0.9 )Tj
ET
0.79 0.18 1 0.04 k
488.5 652.639 1.013 -9.917 re
f
BT
5 0 0 5 494.1833 645.6809 Tm
/Cs7 cs 0 scn
(1.6 )Tj
ET
0.79 0.18 1 0.04 k
488.5 665.556 1.203 -9.917 re
f
BT
5 0 0 5 494.3734 658.5975 Tm
/Cs7 cs 0 scn
(1.9 )Tj
ET
0.79 0.18 1 0.04 k
488.5 678.473 2.28 -9.917 re
f
BT
5 0 0 5 495.45 671.5143 Tm
/Cs7 cs 0 scn
(3.6 )Tj
ET
0.79 0.18 1 0.04 k
488.5 691.389 60.357 -9.917 re
f
BT
5 0 0 5 552.4167 684.4309 Tm
/Cs7 cs 0 scn
(95.3 )Tj
ET
0 0 0 1 K
0.5 w
469.5 537.889 m
564.5 537.889 l
469.5 537.889 m
469.5 534.889 l
S
BT
5 0 0 5 466.585 528.8892 Tm
0 0 0 1 k
(-30)Tj
ET
479 537.889 m
479 534.889 l
S
BT
5 0 0 5 476.085 528.8892 Tm
(-15)Tj
ET
488.5 537.889 m
488.5 534.889 l
S
BT
5 0 0 5 487.39 528.8892 Tm
(0)Tj
ET
498 537.889 m
498 534.889 l
S
BT
5 0 0 5 495.78 528.8892 Tm
(15)Tj
ET
507.5 537.889 m
507.5 534.889 l
S
BT
5 0 0 5 505.28 528.8892 Tm
(30)Tj
ET
517 537.889 m
517 534.889 l
S
BT
5 0 0 5 514.78 528.8892 Tm
(45)Tj
ET
526.5 537.889 m
526.5 534.889 l
S
BT
5 0 0 5 524.28 528.8892 Tm
(60)Tj
ET
536 537.889 m
536 534.889 l
S
BT
5 0 0 5 533.78 528.8892 Tm
(75)Tj
ET
545.5 537.889 m
545.5 534.889 l
S
BT
5 0 0 5 543.28 528.8892 Tm
(90)Tj
ET
555 537.889 m
555 534.889 l
S
BT
5 0 0 5 551.67 528.8892 Tm
(105)Tj
ET
564.5 537.889 m
564.5 534.889 l
S
BT
5 0 0 5 561.17 528.8892 Tm
(120)Tj
ET
488.5 537.889 m
488.5 692.889 l
S
BT
6 0 0 6 397.5 542.8475 Tm
(Other)Tj
0 2.1528 TD
(British Pound)Tj
T*
[(Korean W)18(o)0(n)]TJ
T*
(Indian Rupee)Tj
T*
(Australian Dollar)Tj
T*
(Norwegian Krone)Tj
T*
(Mexican Peso)Tj
T*
(Hungarian Forint)Tj
T*
(New Zealand Dollar)Tj
T*
(Swedish Krona)Tj
T*
(Polish Zloty)Tj
T*
(United States Dollar)Tj
ET
q
212.5 506.389 170 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 522.889 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 511.8892 Tm
0 0 0 0 k
-0.015 Tc
(Region Bond Allocation \(%\))Tj
ET
q
397.5 506.389 170 16.5 re
W n
0.53 0.32 0.11 0 k
397.5 522.889 170 -16.5 re
f
Q
BT
10 0 0 10 401.5 511.8892 Tm
(Credit Allocation \(%\))Tj
ET
q
0.2 i
254 486.389 18 8 re
W n
/GS2 gs
270.846 488.41 m
262.45 492.337 254.582 491.642 y
254.5 494.389 m
254.5 488.772 l
269.281 490.983 m
271.19 488.395 l
268.035 487.094 l
S
Q
0.79 0.18 1 0.04 k
/GS2 gs
252.5 455.389 m
252.5 485.389 l
269.069 485.389 282.5 471.958 282.5 455.389 c
282.5 445.186 277.314 435.682 268.734 430.161 c
h
252.5 455.389 m
f
0 0 0 0 K
0.1 w
/GS1 gs
252.5 455.389 m
252.5 485.389 l
269.069 485.389 282.5 471.958 282.5 455.389 c
282.5 445.186 277.314 435.682 268.734 430.161 c
h
252.5 455.389 m
S
252.5 455.389 m
268.734 430.161 l
256.802 422.483 241.123 424.214 231.154 434.31 c
h
252.5 455.389 m
f
252.5 455.389 m
268.734 430.161 l
256.802 422.483 241.123 424.214 231.154 434.31 c
h
252.5 455.389 m
S
252.5 455.389 m
231.154 434.31 l
223.465 442.096 220.625 453.451 223.744 463.94 c
h
252.5 455.389 m
f
252.5 455.389 m
231.154 434.31 l
223.465 442.096 220.625 453.451 223.744 463.94 c
h
252.5 455.389 m
S
252.5 455.389 m
223.744 463.94 l
225.33 469.274 228.369 474.061 232.52 477.767 c
h
252.5 455.389 m
f
252.5 455.389 m
223.744 463.94 l
225.33 469.274 228.369 474.061 232.52 477.767 c
h
252.5 455.389 m
S
252.5 455.389 m
232.52 477.767 l
233.974 479.066 235.551 480.219 237.229 481.211 c
h
252.5 455.389 m
f
252.5 455.389 m
232.52 477.767 l
233.974 479.066 235.551 480.219 237.229 481.211 c
h
252.5 455.389 m
S
252.5 455.389 m
237.229 481.211 l
238.04 481.691 238.874 482.133 239.727 482.534 c
h
252.5 455.389 m
f
252.5 455.389 m
237.229 481.211 l
238.04 481.691 238.874 482.133 239.727 482.534 c
h
252.5 455.389 m
S
252.5 455.389 m
239.727 482.534 l
243.722 484.414 248.084 485.389 252.5 485.389 c
h
252.5 455.389 m
f
252.5 455.389 m
239.727 482.534 l
243.722 484.414 248.084 485.389 252.5 485.389 c
h
252.5 455.389 m
S
0 0 0 0 k
267.5 455.389 m
267.5 463.673 260.784 470.389 252.5 470.389 c
244.216 470.389 237.5 463.673 237.5 455.389 c
237.5 447.105 244.216 440.389 252.5 440.389 c
260.784 440.389 267.5 447.105 267.5 455.389 c
f
267.5 455.389 m
267.5 463.674 260.784 470.389 252.5 470.389 c
244.216 470.389 237.5 463.674 237.5 455.389 c
237.5 447.105 244.216 440.389 252.5 440.389 c
260.784 440.389 267.5 447.105 267.5 455.389 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 489.8893 Tm
0.79 0.18 1 0.04 k
-0.0333 Tc
(40.9)Tj
ET
q
0.2 i
287.5 486.389 16 8 re
W n
BT
6 0 0 6 299.032 489.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 489.8893 Tm
0 0 0 1 k
(Latin America)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(21.7)Tj
ET
q
0.2 i
287.5 477.389 16 8 re
W n
BT
6 0 0 6 299.032 480.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 480.8892 Tm
0 0 0 1 k
(Middle East/Africa)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(17.0)Tj
ET
q
0.2 i
287.5 468.389 16 8 re
W n
BT
6 0 0 6 299.032 471.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 471.8892 Tm
0 0 0 1 k
(Central & Eastern Europe)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(8.8)Tj
ET
q
0.2 i
287.5 459.389 16 8 re
W n
BT
6 0 0 6 299.032 462.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 462.8892 Tm
0 0 0 1 k
(Asia)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(3.1)Tj
ET
q
0.2 i
287.5 450.389 16 8 re
W n
BT
6 0 0 6 299.032 453.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 453.8892 Tm
0 0 0 1 k
(North America)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(1.5)Tj
ET
q
0.2 i
287.5 441.389 16 8 re
W n
BT
6 0 0 6 299.032 444.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 444.8892 Tm
0 0 0 1 k
(Supranationals)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(7.0)Tj
ET
q
0.2 i
287.5 432.389 16 8 re
W n
BT
6 0 0 6 299.032 435.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 435.8893 Tm
0 0 0 1 k
(Cash)Tj
ET
0 0 0 0.4 K
0.2 w
469.5 344.466 m
564.5 344.466 l
469.5 357.543 m
564.5 357.543 l
469.5 370.62 m
564.5 370.62 l
469.5 383.697 m
564.5 383.697 l
469.5 396.774 m
564.5 396.774 l
469.5 409.851 m
564.5 409.851 l
469.5 422.928 m
564.5 422.928 l
469.5 436.005 m
564.5 436.005 l
469.5 449.082 m
564.5 449.082 l
469.5 462.158 m
564.5 462.158 l
469.5 475.235 m
564.5 475.235 l
469.5 488.312 m
564.5 488.312 l
469.5 501.389 m
564.5 501.389 l
S
0.79 0.18 1 0.04 k
469.5 342.966 0.633 -10.077 re
f
BT
/F2 1 Tf
5 0 0 5 474.8033 335.9277 Tm
/Cs7 cs 0 scn
0 Tc
(0.4 )Tj
ET
0.79 0.18 1 0.04 k
469.5 356.043 11.083 -10.077 re
f
BT
5 0 0 5 485.2533 349.0046 Tm
/Cs7 cs 0 scn
(7.0 )Tj
ET
0.79 0.18 1 0.04 k
469.5 369.12 0.792 -10.077 re
f
BT
5 0 0 5 474.9617 362.0815 Tm
/Cs7 cs 0 scn
(0.5 )Tj
ET
0.79 0.18 1 0.04 k
469.5 372.12 m
469.5 382.197 l
469.5 372.12 l
f
BT
5 0 0 5 474.17 375.1584 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0.79 0.18 1 0.04 k
469.5 395.274 1.108 -10.077 re
f
BT
5 0 0 5 475.2783 388.2354 Tm
/Cs7 cs 0 scn
(0.7 )Tj
ET
0.79 0.18 1 0.04 k
469.5 408.351 0.475 -10.077 re
f
BT
5 0 0 5 474.645 401.3123 Tm
/Cs7 cs 0 scn
(0.3 )Tj
ET
0.79 0.18 1 0.04 k
469.5 421.428 5.225 -10.077 re
f
BT
5 0 0 5 479.395 414.3892 Tm
/Cs7 cs 0 scn
(3.3 )Tj
ET
0.79 0.18 1 0.04 k
469.5 434.505 16.942 -10.077 re
f
BT
5 0 0 5 490.0017 427.4662 Tm
/Cs7 cs 0 scn
(10.7 )Tj
ET
0.79 0.18 1 0.04 k
469.5 447.582 65.075 -10.077 re
f
BT
5 0 0 5 538.135 440.543 Tm
/Cs7 cs 0 scn
(41.1 )Tj
ET
0.79 0.18 1 0.04 k
469.5 460.658 48.133 -10.077 re
f
BT
5 0 0 5 521.1933 453.62 Tm
/Cs7 cs 0 scn
(30.4 )Tj
ET
0.79 0.18 1 0.04 k
469.5 473.735 7.125 -10.077 re
f
BT
5 0 0 5 481.295 466.6969 Tm
/Cs7 cs 0 scn
(4.5 )Tj
ET
0.79 0.18 1 0.04 k
469.5 486.812 1.742 -10.077 re
f
BT
5 0 0 5 475.9117 479.7738 Tm
/Cs7 cs 0 scn
(1.1 )Tj
ET
0.79 0.18 1 0.04 k
469.5 489.812 m
469.5 499.889 l
469.5 489.812 l
f
BT
5 0 0 5 474.17 492.8508 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0 0 1 K
0.5 w
469.5 331.389 m
564.5 331.389 l
469.5 331.389 m
469.5 328.389 l
S
BT
5 0 0 5 468.39 322.3892 Tm
0 0 0 1 k
(0)Tj
ET
485.333 331.389 m
485.333 328.389 l
S
BT
5 0 0 5 483.1133 322.3892 Tm
(10)Tj
ET
501.167 331.389 m
501.167 328.389 l
S
BT
5 0 0 5 498.9467 322.3892 Tm
(20)Tj
ET
517 331.389 m
517 328.389 l
S
BT
5 0 0 5 514.78 322.3892 Tm
(30)Tj
ET
532.833 331.389 m
532.833 328.389 l
S
BT
5 0 0 5 530.6133 322.3892 Tm
(40)Tj
ET
548.667 331.389 m
548.667 328.389 l
S
BT
5 0 0 5 546.4467 322.3892 Tm
(50)Tj
ET
564.5 331.389 m
564.5 328.389 l
S
BT
5 0 0 5 562.28 322.3892 Tm
(60)Tj
ET
469.5 331.389 m
469.5 501.389 l
S
BT
6 0 0 6 397.5 336.4277 Tm
(Derivatives)Tj
0 2.1795 TD
(Cash)Tj
T*
(NR)Tj
T*
(D)Tj
T*
(C)Tj
T*
(CC)Tj
T*
(CCC)Tj
T*
(B)Tj
T*
(BB)Tj
T*
(BBB)Tj
T*
(A)Tj
T*
(AA)Tj
T*
(AAA)Tj
/F5 1 Tf
8 0 0 8 217.5 225.3 Tm
-0.025 Tc
(Please see Additional Notes. All performance and holdings data as at 29-Feb-24. Past Performance does not )Tj
0 -1.225 TD
(predict future returns. The value of investments and the income derived from investments will uctuate and can go )Tj
T*
(down as well as up. A loss of capital may occur.)Tj
/F2 1 Tf
4 0 0 4 217.5 198.4 Tm
0 Tc
(\(1\))Tj
8 0 0 8 221.052 195.4 Tm
(Until the 27th December 2018 the Portfolio was named Goldman Sachs Emerging Markets Absolute Return Bond )Tj
-0.444 -1.225 TD
[(Portfolio. On the 28th December 2018, the Portfolio)90(s name changed to Goldman Sachs Emerging Markets Absolute T)74(otal )]TJ
T*
(Return Bond Portfolio.)Tj
4 0 0 4 282.796 178.8 Tm
( \(2\))Tj
8 0 0 8 287.236 175.8 Tm
[(The ongoing charges gure is based on expenses during the previous year)70(. See details in the )]TJ
-8.717 -1.225 TD
(Key Investor Information Document. The on-going charges are the fees the fund charges to investors to cover the day-to-)Tj
T*
[(day costs of running the funds. They are taken from the fund and impacts on the fund)90(s return. Fund charges will be )]TJ
T*
(incurred in multiple currencies, meaning that payments may increase or decrease as a result of currency exchange )Tj
T*
(uctuations. All charges will be paid out by the Fund, which will impact on the overall return of the Fund.)Tj
4 0 0 4 521.7721 139.6 Tm
( \(3\))Tj
8 0 0 8 526.2121 136.6 Tm
(The )Tj
-38.589 -1.225 TD
(Morningstar sector average gures are calculated using all open funds available in the universe at the indicated time )Tj
T*
(period. The number of funds in a Morningstar sector varies over time as new funds are launched and funds close. )Tj
T*
[(Source: Morningstar 2024 Morningstar)70(, Inc. All Rights Reserved.)]TJ
4 0 0 4 411.252 110.2 Tm
( \(4\))Tj
8 0 0 8 415.692 107.2 Tm
(Fund returns are shown net of applicable ongoing )Tj
-24.774 -1.225 TD
[(fees within the portfolio, with dividends re-invested using the ex-dividend NA)37(V)100(.)0( These returns are for comparison of )]TJ
T*
(performance against specied index. As the investor may be liable to other fees, charges and taxes, they are not meant )Tj
T*
(to provide a measure of actual return to investors. The performance data do not take account of the commissions and )Tj
T*
(costs incurred on the issue and redemption of shares.)Tj
4 0 0 4 373.86 71 Tm
( \(5\))Tj
8 0 0 8 378.3 68 Tm
[(Effective 31st December 2021 , the Portfolio)90(s reference )]TJ
-20.1 -1.225 TD
[(benchmark changed from ICE Libor EUR 3 Month to ICE BofA 3-Month German T)74(reasury Bill Index. The ICE BofA 3month )]TJ
T*
(is quoted month-end with income reinvested and, in contrast to the Portfolio, shown without the deduction of any )Tj
T*
(expenses.)Tj
T*
(Effective July 1, 2023, Reference Benchmark returns hereby stated include a transaction cost component.)Tj
ET
0.746 0.676 0.668 0.898 k
0.2 i
108.925 31.419 m
105.949 38.753 l
104.863 38.753 l
104.863 30.486 l
105.831 30.486 l
105.831 36.852 l
105.913 36.544 106.185 35.812 106.244 35.67 c
108.405 30.486 l
109.433 30.486 l
111.594 35.682 l
111.653 35.812 111.925 36.544 112.019 36.852 c
112.019 30.486 l
112.976 30.486 l
112.976 38.753 l
111.889 38.753 l
h
117.452 44.417 m
117.452 45.42 116.719 45.917 115.503 46.152 c
114.523 46.341 113.944 46.637 113.944 47.192 c
113.944 47.711 114.476 47.983 115.113 47.983 c
115.799 47.983 116.377 47.629 116.66 46.885 c
117.393 47.31 l
116.991 48.208 116.306 48.739 115.102 48.739 c
114.003 48.739 113.07 48.148 113.07 47.168 c
113.07 46.152 113.944 45.633 115.066 45.432 c
116.07 45.243 116.53 44.96 116.53 44.369 c
116.53 43.767 116.023 43.365 115.255 43.365 c
114.381 43.365 113.802 43.909 113.531 44.747 c
112.739 44.251 l
113.106 43.342 113.932 42.55 115.255 42.55 c
116.684 42.55 117.452 43.448 117.452 44.417 c
108.252 49.258 m
108.335 49.448 108.429 49.719 108.476 49.884 c
108.524 49.719 108.618 49.448 108.7 49.258 c
109.965 45.999 l
106.988 45.999 l
h
106.657 45.148 m
110.295 45.148 l
111.24 42.716 l
112.291 42.716 l
108.984 50.983 l
107.968 50.983 l
104.662 42.716 l
105.713 42.716 l
h
93.693 30.57 0.476 23.298 re
135.758 31.407 m
134.612 31.407 133.844 32.222 133.844 33.544 c
133.844 34.867 134.612 35.682 135.758 35.682 c
136.903 35.682 137.682 34.867 137.682 33.544 c
137.682 32.222 136.903 31.407 135.758 31.407 c
137.612 35.505 m
137.246 36.096 136.572 36.509 135.639 36.509 c
134.175 36.509 132.899 35.422 132.899 33.544 c
132.899 31.714 134.104 30.581 135.639 30.581 c
136.572 30.581 137.21 31.005 137.612 31.655 c
137.612 30.805 l
137.612 29.387 136.974 28.703 135.781 28.703 c
134.777 28.703 134.163 29.045 134.163 29.6 c
134.163 29.765 134.198 29.895 134.246 30.025 c
133.36 30.285 l
133.265 30.108 133.206 29.895 133.206 29.648 c
133.206 28.655 134.116 27.911 135.781 27.911 c
137.564 27.911 138.568 29.009 138.568 30.876 c
138.568 36.344 l
137.612 36.344 l
h
82.882 48.767 m
82.882 50.366 82.117 51.204 80.742 51.204 c
79.901 51.204 79.061 50.823 78.831 50.062 c
78.755 50.975 l
78.526 50.975 l
76.31 50.747 l
76.31 50.518 l
76.615 50.138 l
76.615 43.513 l
76.31 43.057 l
76.31 42.828 l
79.137 42.828 l
79.137 43.057 l
78.831 43.513 l
78.831 48.919 l
78.831 49.757 79.29 50.366 79.901 50.366 c
80.36 50.366 80.666 49.985 80.666 49.376 c
80.666 43.513 l
80.283 43.057 l
80.283 42.828 l
83.187 42.828 l
83.187 43.057 l
82.882 43.513 l
h
126.581 47.971 m
127.538 47.971 128.388 47.381 128.447 46.259 c
124.573 46.259 l
124.762 47.227 125.565 47.971 126.581 47.971 c
129.238 44.263 m
128.529 44.676 l
128.164 43.909 127.585 43.365 126.581 43.365 c
125.4 43.365 124.633 44.298 124.573 45.491 c
129.404 45.491 l
129.404 45.81 l
129.404 47.523 128.317 48.739 126.593 48.739 c
124.951 48.739 123.64 47.463 123.64 45.645 c
123.64 43.826 124.94 42.55 126.546 42.55 c
127.857 42.55 128.695 43.165 129.238 44.263 c
130.774 33.356 m
130.774 32.222 130.089 31.147 128.908 31.147 c
128.199 31.147 127.738 31.549 127.738 32.151 c
127.738 32.753 128.187 33.167 128.978 33.296 c
130.774 33.592 l
h
131.718 34.572 m
131.718 35.8 130.892 36.509 129.392 36.509 c
128.034 36.509 127.112 35.73 127.112 34.82 c
127.112 34.667 127.148 34.489 127.207 34.359 c
128.022 34.631 l
127.998 34.726 127.998 34.75 127.998 34.796 c
127.998 35.293 128.471 35.753 129.392 35.753 c
130.266 35.753 130.774 35.363 130.774 34.596 c
130.774 34.324 l
128.79 34.005 l
127.727 33.84 126.794 33.261 126.794 32.116 c
126.794 31.065 127.561 30.32 128.754 30.32 c
129.616 30.32 130.467 30.852 130.785 31.643 c
130.785 31.041 130.974 30.663 131.128 30.486 c
132.085 30.486 l
131.801 30.935 131.718 31.277 131.718 31.95 c
h
133.183 43.46 m
133.065 43.424 132.887 43.389 132.722 43.389 c
132.191 43.389 131.919 43.672 131.919 44.287 c
131.919 47.83 l
133.313 47.83 l
133.313 48.574 l
131.919 48.574 l
131.919 50.156 l
130.963 50.156 l
130.963 48.574 l
129.97 48.574 l
129.97 47.83 l
130.963 47.83 l
130.963 44.216 l
130.963 43.011 131.671 42.55 132.51 42.55 c
132.817 42.55 133.065 42.598 133.265 42.669 c
h
156.696 34.029 m
156.885 34.997 157.688 35.741 158.704 35.741 c
159.661 35.741 160.511 35.151 160.57 34.029 c
h
158.716 36.509 m
157.074 36.509 155.763 35.233 155.763 33.415 c
155.763 31.596 157.063 30.32 158.669 30.32 c
159.98 30.32 160.818 30.935 161.361 32.033 c
160.653 32.446 l
160.287 31.679 159.708 31.135 158.704 31.135 c
157.523 31.135 156.756 32.068 156.696 33.261 c
161.527 33.261 l
161.527 33.58 l
161.527 35.293 160.44 36.509 158.716 36.509 c
152.846 36.509 m
152.067 36.509 151.359 36.06 150.992 35.387 c
150.744 36.107 150.13 36.509 149.374 36.509 c
148.618 36.509 147.957 36.06 147.614 35.434 c
147.614 36.344 l
146.67 36.344 l
146.67 30.486 l
147.614 30.486 l
147.614 33.674 l
147.614 34.962 148.3 35.682 149.067 35.682 c
149.8 35.682 150.166 35.186 150.166 34.454 c
150.166 30.486 l
151.122 30.486 l
151.122 33.627 l
151.122 35.033 151.819 35.682 152.563 35.682 c
153.295 35.682 153.697 35.281 153.697 34.489 c
153.697 30.486 l
154.653 30.486 l
154.653 34.761 l
154.653 35.848 153.933 36.509 152.846 36.509 c
118.137 33.356 m
118.137 32.222 117.452 31.147 116.271 31.147 c
115.562 31.147 115.102 31.549 115.102 32.151 c
115.102 32.753 115.55 33.167 116.342 33.296 c
118.137 33.592 l
h
119.082 34.572 m
119.082 35.8 118.255 36.509 116.755 36.509 c
115.397 36.509 114.476 35.73 114.476 34.82 c
114.476 34.667 114.511 34.489 114.57 34.359 c
115.385 34.631 l
115.362 34.726 115.362 34.75 115.362 34.796 c
115.362 35.293 115.834 35.753 116.755 35.753 c
117.629 35.753 118.137 35.363 118.137 34.596 c
118.137 34.324 l
116.153 34.005 l
115.09 33.84 114.157 33.261 114.157 32.116 c
114.157 31.065 114.925 30.32 116.117 30.32 c
116.979 30.32 117.83 30.852 118.149 31.643 c
118.149 31.041 118.338 30.663 118.491 30.486 c
119.448 30.486 l
119.164 30.935 119.082 31.277 119.082 31.95 c
h
123.558 36.509 m
122.719 36.509 121.964 36.037 121.527 35.304 c
121.527 36.344 l
120.582 36.344 l
120.582 30.486 l
121.527 30.486 l
121.527 33.687 l
121.527 34.82 122.342 35.647 123.239 35.647 c
124.089 35.647 124.668 35.139 124.668 34.218 c
124.668 30.486 l
125.612 30.486 l
125.612 34.466 l
125.612 35.859 124.692 36.509 123.558 36.509 c
140.611 34.029 m
140.8 34.997 141.603 35.741 142.619 35.741 c
143.576 35.741 144.426 35.151 144.485 34.029 c
h
142.631 36.509 m
140.989 36.509 139.678 35.233 139.678 33.415 c
139.678 31.596 140.977 30.32 142.584 30.32 c
143.895 30.32 144.733 30.935 145.276 32.033 c
144.568 32.446 l
144.201 31.679 143.623 31.135 142.619 31.135 c
141.438 31.135 140.67 32.068 140.611 33.261 c
145.442 33.261 l
145.442 33.58 l
145.442 35.293 144.355 36.509 142.631 36.509 c
72.641 44.96 m
72.641 44.199 72.336 43.589 71.801 43.589 c
71.19 43.589 70.96 44.123 70.96 45.112 c
70.96 46.331 71.419 47.092 72.336 47.473 c
72.641 47.625 l
h
74.858 48.767 m
74.858 50.29 73.864 51.204 72.03 51.204 c
71.19 51.204 70.273 50.975 69.279 50.67 c
69.279 48.082 l
70.043 48.082 l
70.502 49.376 l
70.884 50.29 71.266 50.594 71.801 50.594 c
72.412 50.594 72.641 50.213 72.641 49.3 c
72.641 48.158 l
71.648 47.777 l
69.432 46.864 68.668 46.026 68.668 44.732 c
68.668 43.361 69.508 42.676 70.731 42.676 c
71.648 42.676 72.412 43.133 72.641 43.818 c
72.795 42.828 l
75.24 42.828 l
75.24 43.057 l
74.858 43.513 l
h
32.369 47.929 m
33.515 47.168 l
33.515 43.361 l
33.21 43.285 32.904 43.285 32.751 43.285 c
30.993 43.285 30.611 44.808 30.611 48.158 c
30.611 51.356 31.299 53.183 32.751 53.183 c
33.515 53.183 33.974 52.726 34.432 51.508 c
34.891 50.213 l
35.655 50.213 l
35.655 53.564 l
34.585 53.792 33.668 53.868 33.21 53.868 c
29.694 53.868 27.86 51.813 27.86 48.082 c
27.86 44.732 29.236 42.676 32.674 42.676 c
33.439 42.676 34.661 42.752 35.731 42.904 c
35.731 48.31 l
32.369 48.31 l
h
40.546 32.702 m
40.546 31.864 40.24 31.331 39.629 31.331 c
39.094 31.331 38.864 31.864 38.864 32.854 c
38.864 33.996 39.247 34.757 40.24 35.214 c
40.546 35.367 l
h
42.762 36.509 m
42.762 38.031 41.768 38.869 39.934 38.869 c
39.094 38.869 38.1 38.717 37.183 38.412 c
37.183 35.823 l
37.947 35.823 l
38.406 37.118 l
38.788 38.031 39.17 38.336 39.705 38.336 c
40.24 38.336 40.546 37.955 40.546 37.042 c
40.546 35.899 l
39.552 35.519 l
37.336 34.605 36.572 33.768 36.572 32.473 c
36.572 31.103 37.413 30.341 38.635 30.341 c
39.552 30.341 40.317 30.798 40.546 31.56 c
40.622 30.57 l
43.068 30.57 l
43.068 30.798 l
42.762 31.255 l
h
33.591 36.965 m
31.987 37.879 l
31.146 38.336 30.688 38.945 30.688 39.63 c
30.688 40.392 31.299 40.925 32.216 40.925 c
33.133 40.925 33.515 40.468 33.974 39.173 c
34.432 37.955 l
35.196 37.955 l
35.196 41.381 l
34.127 41.534 33.439 41.534 32.827 41.534 c
30.305 41.534 28.777 40.392 28.777 38.565 c
28.777 37.346 29.465 36.28 30.688 35.671 c
32.293 34.757 l
33.21 34.3 33.591 33.615 33.591 32.778 c
33.591 31.712 32.904 31.027 31.987 31.027 c
31.07 31.027 30.535 31.712 29.847 33.844 c
29.542 34.757 l
28.777 34.757 l
28.777 30.646 l
29.694 30.494 30.764 30.341 31.529 30.341 c
34.127 30.341 35.578 31.56 35.578 33.768 c
35.578 35.138 34.967 36.204 33.591 36.965 c
171.86 35.6 m
171.86 36.344 l
170.466 36.344 l
170.466 37.926 l
169.51 37.926 l
169.51 36.344 l
168.518 36.344 l
168.518 35.6 l
169.51 35.6 l
169.51 31.986 l
169.51 30.781 170.218 30.32 171.057 30.32 c
171.364 30.32 171.612 30.368 171.813 30.439 c
171.73 31.23 l
171.612 31.194 171.435 31.159 171.27 31.159 c
170.738 31.159 170.466 31.442 170.466 32.057 c
170.466 35.6 l
h
120.7 43.365 m
119.826 43.365 119.247 43.909 118.975 44.747 c
118.184 44.251 l
118.55 43.342 119.377 42.55 120.7 42.55 c
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121.514 45.243 121.975 44.96 121.975 44.369 c
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47.729 43.057 m
47.424 43.513 l
47.424 53.336 l
44.825 53.107 l
44.825 52.878 l
45.131 52.422 l
45.131 43.513 l
44.825 43.057 l
44.825 42.828 l
47.729 42.828 l
h
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63.853 36.356 l
63.853 38.641 l
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58.733 35.595 59.192 34.91 60.109 34.377 c
61.561 33.615 l
62.325 33.235 62.707 32.778 62.707 32.169 c
62.707 31.331 62.249 30.875 61.408 30.875 c
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52.238 50.594 m
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51.473 43.285 51.168 44.123 51.168 46.94 c
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53.384 44.046 m
53.537 42.828 l
55.829 42.828 l
55.829 43.057 l
55.524 43.513 l
55.524 53.336 l
52.925 53.107 l
52.925 52.878 l
53.308 52.422 l
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49.945 51.204 48.875 49.757 48.875 47.016 c
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52.62 42.676 53.155 43.057 53.384 44.046 c
40.469 43.209 m
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39.476 49.909 39.705 50.67 40.469 50.67 c
41.157 50.67 41.463 49.909 41.463 46.94 c
41.463 43.97 41.157 43.209 40.469 43.209 c
40.469 51.204 m
38.559 51.204 37.107 49.681 37.107 46.94 c
37.107 44.199 38.559 42.676 40.469 42.676 c
42.303 42.676 43.756 44.199 43.756 46.94 c
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57.281 36.433 m
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50.71 40.849 l
50.71 40.62 l
51.092 40.163 l
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53.613 30.57 l
53.613 30.798 l
53.308 31.255 l
53.308 36.661 l
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55.065 31.255 l
54.759 30.798 l
54.759 30.57 l
57.663 30.57 l
57.663 30.798 l
57.281 31.255 l
h
67.445 48.767 m
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57.052 50.747 l
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57.052 43.057 l
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59.88 42.828 l
59.88 43.057 l
59.574 43.513 l
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60.949 43.057 l
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63.853 42.828 l
63.853 43.057 l
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64.924 43.057 l
64.924 42.828 l
67.751 42.828 l
67.751 43.057 l
67.445 43.513 l
h
47.729 31.179 m
46.812 31.179 46.43 32.092 46.43 34.529 c
46.43 37.499 46.888 38.336 47.576 38.336 c
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48.952 35.823 l
49.716 35.823 l
49.716 38.565 l
49.028 38.793 48.188 38.869 47.653 38.869 c
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49.334 32.549 l
48.875 31.56 48.417 31.179 47.729 31.179 c
165.731 36.509 m
164.892 36.509 164.136 36.037 163.699 35.304 c
163.699 36.344 l
162.755 36.344 l
162.755 30.486 l
163.699 30.486 l
163.699 33.687 l
163.699 34.82 164.514 35.647 165.412 35.647 c
166.262 35.647 166.841 35.139 166.841 34.218 c
166.841 30.486 l
167.786 30.486 l
167.786 34.466 l
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(Important Risk Considerations)Tj
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(ontingent )Tj
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(C)Tj
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(onvertible )Tj
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(C)Tj
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(oco)Tj
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(\))Tj
ET
Q
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( Bond Risk)Tj
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( investment in this particular type of bond may result in material losses to the Portfolio based on certain trigger events. The)Tj
42.5261 0 TD
( existence of )Tj
-60.9435 -1.125 TD
(these trigger events creates a different type of risk from traditional bonds and may more likely result in a partial or total l)Tj
41.4691 0 TD
(oss of value or alternatively they may be converted into shares of the )Tj
-41.4691 -1.125 TD
(issuing company which may also have suffered a loss in value.)Tj
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0.53 0.32 0.11 0 k
0 Tc
()Tj
ET
q
0.2 i
27.5 705.789 540 9.5 re
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/F5 1 Tf
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0 0 0 1 k
(C)Tj
ET
Q
BT
/F5 1 Tf
8.5 0 0 8.5 42.226 709.0892 Tm
0 0 0 1 k
(ounterparty risk)Tj
/F1 1 Tf
8 0 0 8 96.9915 709.0892 Tm
-0.05 Tc
( a party that the Portfolio transacts with may fail to meet its obligations which could cause losses.)Tj
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0.53 0.32 0.11 0 k
0 Tc
()Tj
ET
q
0.2 i
27.5 695.689 540 9.5 re
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/F5 1 Tf
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(C)Tj
ET
Q
BT
/F5 1 Tf
8.5 0 0 8.5 42.226 698.9893 Tm
0 0 0 1 k
(redit risk)Tj
/F1 1 Tf
8 0 0 8 73.387 698.9893 Tm
-0.05 Tc
( the failure of a counterparty or an issuer of a nancial asset held within the Portfolio to meet its payment obligations will )Tj
41.9721 0 TD
(have a negative impact on the Portfolio.)Tj
/F6 1 Tf
6 0 0 6 27.5 688.8893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
ET
q
0.2 i
27.5 676.589 540 18.5 re
W n
BT
/F5 1 Tf
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0 0 0 1 k
(C)Tj
ET
Q
BT
/F5 1 Tf
8.5 0 0 8.5 42.226 688.8893 Tm
0 0 0 1 k
(ustodian risk)Tj
/F1 1 Tf
8 0 0 8 87.0805 688.8893 Tm
-0.05 Tc
( insolvency, breaches of duty of care or misconduct of a custodian or subcustodian responsible for the safekeeping of the Portf)Tj
44.3611 0 TD
(olio's assets can result in loss to the )Tj
-50.5586 -1.125 TD
(Portfolio.)Tj
/F6 1 Tf
6 0 0 6 27.5 669.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 669.7892 Tm
0 0 0 1 k
(Derivatives risk)Tj
/F1 1 Tf
8 0 0 8 91.7895 669.7892 Tm
-0.05 Tc
( derivative instruments are highly sensitive to changes in the value of the underlying asset that they are based on. Certain de)Tj
43.2481 0 TD
(rivatives may result in losses greater than the )Tj
-50.0343 -1.125 TD
(amount originally invested.)Tj
/F6 1 Tf
6 0 0 6 27.5 650.6892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 650.6892 Tm
0 0 0 1 k
(Emerging markets risk)Tj
/F1 1 Tf
8 0 0 8 114.9265 650.6892 Tm
-0.05 Tc
( emerging markets are likely to bear higher risk due to lower liquidity and possible lack of adequate nancial, legal, social, )Tj
42.4671 0 TD
(political and economic structures, )Tj
-52.1454 -1.125 TD
(protection and stability as well as uncertain tax positions.)Tj
/F6 1 Tf
6 0 0 6 27.5 631.5892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 631.5892 Tm
0 0 0 1 k
(Exchange rate risk)Tj
/F1 1 Tf
8 0 0 8 102.185 631.5892 Tm
-0.05 Tc
( changes in exchange rates may reduce or increase the returns an investor might expect to receive independent of the performanc)Tj
45.9161 0 TD
(e of such assets. If applicable, )Tj
-54.0017 -1.125 TD
(investment techniques used to attempt to reduce the risk of currency movements \(hedging\), may not be effective. Hedging also in)Tj
45.1951 0 TD
(volves additional risks associated with derivatives.)Tj
/F6 1 Tf
6 0 0 6 27.5 612.4892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 612.4892 Tm
0 0 0 1 k
(Interest rate risk)Tj
/F1 1 Tf
8 0 0 8 94.6285 612.4892 Tm
-0.05 Tc
( when interest rates rise, bond prices fall, reecting the ability of investors to obtain a more attractive rate of interest on)Tj
41.3601 0 TD
( their money elsewhere. Bond prices are therefore )Tj
-48.5011 -1.125 TD
(subject to movements in interest rates which may move for a number of reasons, political as well as economic.)Tj
/F6 1 Tf
6 0 0 6 27.5 593.3892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 593.3892 Tm
0 0 0 1 k
(Leverage risk)Tj
/F1 1 Tf
8 0 0 8 84.233 593.3892 Tm
-0.05 Tc
( the Portfolio may operate with a signicant amount of leverage. Leverage occurs when the economic exposure created by the use )Tj
46.0831 0 TD
(of derivatives is greater than the amount )Tj
-51.9247 -1.125 TD
(invested. A leveraged Portfolio may result in large uctuations in the value of the Portfolio and therefore entails a high degr)Tj
42.6951 0 TD
(ee of risk including the risk that losses may be substantial.)Tj
/F6 1 Tf
6 0 0 6 27.5 574.2892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 574.2892 Tm
0 0 0 1 k
(Liquidity risk)Tj
/F1 1 Tf
8 0 0 8 82.3545 574.2892 Tm
-0.05 Tc
( the Portfolio may not always nd another party willing to purchase an asset that the Portfolio wants to sell which could impac)Tj
43.9171 0 TD
(t the Portfolio's ability to meet redemption )Tj
-49.5239 -1.125 TD
(requests on demand.)Tj
/F6 1 Tf
6 0 0 6 27.5 555.1892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 555.1892 Tm
0 0 0 1 k
(Market risk)Tj
/F1 1 Tf
8 0 0 8 77.6285 555.1892 Tm
-0.05 Tc
( the value of assets in the Portfolio is typically dictated by a number of factors, including the condence levels of the marke)Tj
42.6941 0 TD
(t in which they are traded.)Tj
/F6 1 Tf
6 0 0 6 27.5 545.0892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
ET
q
0.2 i
27.5 541.789 540 9.5 re
W n
BT
/F5 1 Tf
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0 0 0 1 k
(O)Tj
ET
Q
BT
/F5 1 Tf
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0 0 0 1 k
(perational risk)Tj
/F1 1 Tf
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-0.05 Tc
( material losses to the Portfolio may arise as a result of human error, system and/or process failures, inadequate procedures o)Tj
43.9681 0 TD
(r controls.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 534.9892 Tm
0 0 0 1 k
(Mortgage-backed securities )Tj
ET
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(\()Tj
ET
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(MB)Tj
ET
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(S)Tj
ET
Q
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()Tj
ET
q
0.2 i
27.5 522.689 540 18.5 re
W n
BT
8.5 0 0 8.5 164.507 534.9892 Tm
(\))Tj
ET
Q
BT
8.5 0 0 8.5 166.87 534.9892 Tm
( and asset-backed securities )Tj
ET
q
0.2 i
27.5 522.689 540 18.5 re
W n
BT
8.5 0 0 8.5 268.3769 534.9892 Tm
(\()Tj
ET
Q
BT
8.5 0 0 8.5 270.7399 534.9892 Tm
(AB)Tj
ET
q
0.2 i
27.5 522.689 540 18.5 re
W n
BT
8.5 0 0 8.5 284.9009 534.9892 Tm
(S)Tj
ET
Q
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()Tj
ET
q
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27.5 522.689 540 18.5 re
W n
BT
8.5 0 0 8.5 293.4009 534.9892 Tm
(\))Tj
ET
Q
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8.5 0 0 8.5 295.7639 534.9892 Tm
( risk)Tj
/F1 1 Tf
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-0.05 Tc
( the mortgages backing MBS and assets backing ABS may be repaid earlier than required, )Tj
-34.1711 -1.125 TD
(resulting in a lower return.)Tj
/F6 1 Tf
6 0 0 6 27.5 515.8892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 515.8892 Tm
0 0 0 1 k
(Distressed securities risk)Tj
/F1 1 Tf
8 0 0 8 125.781 515.8892 Tm
-0.05 Tc
( - investing in securities of companies that are experiencing nancial or business distress involves a substantial degree of ri)Tj
43.0781 0 TD
(sk as such securities may not )Tj
-54.1132 -1.125 TD
(show any return for a considerable period of time or any return at all.)Tj
/F6 1 Tf
6 0 0 6 27.5 496.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F1 1 Tf
8 0 0 8 37.5 496.7892 Tm
0 0 0 1 k
-0.05 Tc
(Complete information on the risks of investing in the fund are set out in the funds prospectus.)Tj
/F5 1 Tf
8.5 0 0 8.5 27.5 361.5892 Tm
0.53 0.32 0.11 0 k
0 Tc
(Glossary)Tj
ET
q
0.6 i
27.5 347.089 540 7 re
W n
1 0.84 0.31 0.17 K
0 J 0 j 2 w 10 M []0 d
27.5 354.089 m
567.5 354.089 l
S
Q
BT
/F6 1 Tf
6 0 0 6 27.5 340.8892 Tm
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 340.8892 Tm
0 0 0 1 k
(Beta)Tj
/F1 1 Tf
8 0 0 8 53.5565 340.8892 Tm
-0.05 Tc
( Measures the sensitivity of the funds returns to the comparative benchmark index return \(annualised\). The nearer to 1.00, t)Tj
43.6361 0 TD
(he closer the historical uctuations in the value of the fund )Tj
-45.6431 -1.125 TD
(are to the benchmark. If above 1.00, then fund uctuations have been greater than the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 321.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 321.7892 Tm
0 0 0 1 k
(Duration of the Portfolio)Tj
/F1 1 Tf
8 0 0 8 120.1455 321.7892 Tm
-0.05 Tc
( Measure of the sensitivity of the price of a bond or portfolio to a change in interest rates paid. The larger the number \(po)Tj
42.4721 0 TD
(sitive or negative\), the greater the )Tj
-52.8028 -1.125 TD
(change in price for given changes in interest rates. When duration is positive a rise in interest rates results in a fall in pr)Tj
41.357 0 TD
(ice while for a negative duration a rise in interest rates results in a rise )Tj
-41.357 -1.125 TD
(in price.)Tj
/F6 1 Tf
6 0 0 6 27.5 293.6892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 293.6892 Tm
0 0 0 1 k
(Excess returns)Tj
/F1 1 Tf
8 0 0 8 88.483 293.6892 Tm
-0.05 Tc
( The return of the fund in excess of the benchmark/index return \(annualised\).)Tj
/F6 1 Tf
6 0 0 6 27.5 283.5893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 283.5893 Tm
0 0 0 1 k
(Historical tracking error)Tj
/F1 1 Tf
8 0 0 8 121.072 283.5893 Tm
-0.05 Tc
( - Measure of the actual deviation of the funds returns from the comparative benchmark index returns \(annualised\). A higher nu)Tj
44.6381 0 TD
(mber means that the fund is )Tj
-55.0846 -1.125 TD
(taking greater risk against the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 264.4893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 264.4893 Tm
0 0 0 1 k
(Historical Volatility of Portfolio)Tj
/F1 1 Tf
8 0 0 8 144.7105 264.4893 Tm
-0.05 Tc
( Illustrates the dispersion of the funds realized monthly returns around the average monthly return, indicating how volatile)Tj
43.0821 0 TD
( the funds return is over )Tj
-56.4834 -1.125 TD
(time. The higher the number the more volatile the funds returns.)Tj
/F6 1 Tf
6 0 0 6 27.5 245.3893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 245.3893 Tm
0 0 0 1 k
(Interest Rate Duration)Tj
/F1 1 Tf
8 0 0 8 113.0565 245.3893 Tm
-0.05 Tc
( This is a modied measure of Total Average Duration that has been estimated by GSAM. This modied measure seeks to take acco)Tj
46.8031 0 TD
(unt of the different )Tj
-56.2476 -1.125 TD
(behaviours of different bond markets around the world by re-expressing all duration exposures to a common US market standard. T)Tj
45.9691 0 TD
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-45.9691 -1.125 TD
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43.7451 0 TD
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/F5 1 Tf
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/F1 1 Tf
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( Represents the net assets of the fund \(ex-dividend\) divided by the total number of shares issued by the fund.)Tj
/F6 1 Tf
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8.5 0 0 8.5 68.1935 198.1892 Tm
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44.1901 0 TD
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-51.5681 -1.125 TD
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/F6 1 Tf
6 0 0 6 27.5 179.0892 Tm
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0 Tc
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0.2 i
27.5 175.789 540 9.5 re
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(O)Tj
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/F1 1 Tf
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( Fees deduced from the Funds assets incurred as part of the Funds operations, including, where applicable, costs incurred b)Tj
44.3021 0 TD
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/F6 1 Tf
6 0 0 6 27.5 168.9892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 168.9892 Tm
0 0 0 1 k
(R)Tj
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4 0 0 4 42.226 172.4892 Tm
(2)Tj
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-0.05 Tc
( Measure that represents the percentage of a portfolio movement linked to movements in the benchmark index return \(annualised)Tj
46.0831 0 TD
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-46.8458 -1.125 TD
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/F6 1 Tf
6 0 0 6 27.5 149.8892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
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/F5 1 Tf
8.5 0 0 8.5 37.5 149.8892 Tm
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(S)Tj
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/F1 1 Tf
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-0.05 Tc
( The swing factor represents the factor in place month end and is subject to change on any Dealing Day depending on prevailin)Tj
45.0831 0 TD
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/F6 1 Tf
6 0 0 6 27.5 139.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 139.7892 Tm
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(Yield to Maturity)Tj
/F1 1 Tf
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43.5271 0 TD
(M on derivatives, Treasury futures, and )Tj
-50.7287 -1.125 TD
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44.1951 0 TD
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-44.1951 -1.125 TD
(approximately early 2020 through 9-Nov-2022. Since November 9, 2022, funding rates on Treasury futures have been incorporated \))Tj
45.632 0 TD
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-45.632 -1.125 TD
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43.8031 0 TD
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-45.2491 -1.125 TD
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/F1 1 Tf
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( The interest rate that makes the present value of a bond's cash ows equal to the bond's price or initial investment, calcul)Tj
43.2491 0 TD
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-49.3882 -1.125 TD
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43.6931 0 TD
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-43.6931 -1.125 TD
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44.4721 0 TD
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-44.4721 -1.125 TD
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45.745 0 TD
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-45.745 -1.125 TD
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42.1381 0 TD
( long-term bond yield expressed as an annualized rate of return, )Tj
-42.1381 -1.125 TD
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43.3061 0 TD
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(Additional Notes)Tj
8 0 0 8 27.5 773.8892 Tm
0 0 0 1 k
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(This material is a nancial promotion and has been issued by Goldman Sachs International, authorised by the Prudential Regulati)Tj
46.6155 0 TD
(on Authority and regulated by the Financial Conduct )Tj
-46.6155 -1.25 TD
(Authority and the Prudential Regulation Authority.)Tj
0 -1.3125 TD
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46.5585 0 TD
(rovisions of law designed to promote the independence )Tj
-46.5585 -1.25 TD
(of nancial analysis and is not subject to a prohibition on trading following the distribution of nancial research.)Tj
0 -1.3125 TD
(This information is intended for viewing only by the intended recipient and may not be reproduced or distributed to any person )Tj
45.6695 0 TD
(in whole or in part without the prior written consent of GSI. )Tj
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(Goldman Sachs International accepts no liability for the misuse or inappropriate distribution of this material.)Tj
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(Offering Documents)Tj
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7.4925 0 TD
-0.0375 Tc
(: This material is provided at your request for informational purposes only and does not constitute a solicitation in any juris)Tj
43.8896 0 TD
(diction in which such a solicitation is )Tj
-51.3821 -1.25 TD
(unlawful or to any person to whom it is unlawful. It only contains selected information with regards to the fund and does not c)Tj
45.2265 0 TD
(onstitute an offer to buy shares in the fund. Prior to an )Tj
-45.2265 -1.25 TD
(investment, prospective investors should carefully read the latest Key Investor Information Document \(KIID\) as well as the offe)Tj
45.6715 0 TD
(ring documentation, including but not limited to the funds )Tj
-45.6715 -1.25 TD
(prospectus which contains inter alia a comprehensive disclosure of applicable risks. The relevant articles of association, pros)Tj
45.4995 0 TD
(pectus, supplement, KIID and latest annual/semi-annual )Tj
-45.4995 -1.25 TD
(report are available free of charge from the funds paying and information agent and/or from your nancial adviser.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
(Distribution of Shares)Tj
/F1 1 Tf
8.1455 0 TD
-0.0375 Tc
(: Shares of the fund may not be registered for public distribution in a number of jurisdictions \(including but not limited to a)Tj
43.5046 0 TD
(ny Latin American, African or Asian )Tj
-51.6501 -1.25 TD
(countries\). Therefore, the shares of the fund must not be marketed or offered in or to residents of any such jurisdictions unle)Tj
44.7255 0 TD
(ss such marketing or offering is made in compliance with )Tj
-44.7255 -1.25 TD
(applicable exemptions for the private placement of collective investment schemes and other applicable jurisdictional rules and )Tj
46.0585 0 TD
(regulations.)Tj
/F5 1 Tf
-46.0585 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Investment Advice and Potential Loss)Tj
/F1 1 Tf
14.04 0 TD
-0.0375 Tc
0 Tw
(: Financial advisers generally suggest a diversied portfolio of investments. The fund described herein does not represent a di)Tj
45.3336 0 TD
(versied investment )Tj
-59.3736 -1.25 TD
(by itself. This material must not be construed as investment or tax advice. Prospective investors should consult their nancial)Tj
45.1675 0 TD
( and tax adviser before investing in order to determine )Tj
-45.1675 -1.25 TD
(whether an investment would be suitable for them.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(An investor should only invest if he/she has the necessary nancial resources to bear a complete loss of this investment.)Tj
T*
(Swing Pricing)Tj
/F1 1 Tf
5.3728 0 TD
-0.0375 Tc
0 Tw
(: Please note that the fund operates a swing pricing policy. Investors should be aware that from time to time this may result i)Tj
44.6696 0 TD
(n the fund performing differently compared to )Tj
ET
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1 i
27.5 576.389 540 20.5 re
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8 0 0 8 27.5 580.3892 Tm
0 Tc
(t)Tj
ET
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8 0 0 8 29.424 580.3892 Tm
(he reference benchmark based solely on the effect of swing pricing rather than price developments of underlying instruments.)Tj
-0.2405 -1.3125 TD
(Fees are generally billed and payable at the end of each quarter and are based on average month-end market values during the qu)Tj
47.2805 0 TD
(arter.)Tj
-47.2805 -1.3125 TD
(Additional information is provided in our Form ADV Part-2 which is available at http://www.adviserinfo.sec.gov/IAPD/Content/Sea)Tj
46.7275 0 TD
(rch/iapd_Search.aspx.)Tj
/F5 1 Tf
-46.7275 -1.3125 TD
-0.0313 Tc
(Documents providing further detailed information about the fund, including the articles of association, prospectus, supplement )Tj
47.4163 0 TD
(and key investor information document \(KIID\), )Tj
-47.4163 -1.25 TD
0.0001 Tw
(annual/semi-annual report \(as applicable\), and a summary of your investor rights, are available free of charge in English langu)Tj
47.0793 0 TD
0 Tw
(age and, as required, in your local language by )Tj
-47.0793 -1.25 TD
(navigating to your local language landing page via https://www.gsam.com/content/gsam/ain/en/advisors/literature-and-forms/liter)Tj
48.9733 0 TD
(ature.html, and also from the funds paying and )Tj
-48.9733 -1.25 TD
0.0001 Tw
(information agents as listed below. If GSAM B.V., the management company, decides to terminate its arrangement for marketing th)Tj
48.8593 0 TD
0 Tw
(e fund in any EEA country where it is registered )Tj
-48.8593 -1.25 TD
0.0001 Tw
(for sale, it will do so in accordance with the relevant UCITS rules.)Tj
0 -1.3125 TD
0 Tw
(Austria)Tj
/F1 1 Tf
2.7253 0 TD
-0.0375 Tc
(: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Wien, Austria.)Tj
/F5 1 Tf
-2.7253 -1.3125 TD
-0.0313 Tc
(Belgium)Tj
/F1 1 Tf
3.1702 0 TD
-0.0375 Tc
(: CACEIS Investor Services Belgium, Place Rogier II, 1210 Brussels, Belgium.)Tj
/F5 1 Tf
-3.1702 -1.3125 TD
-0.0313 Tc
(Denmark)Tj
/F1 1 Tf
3.4473 0 TD
-0.0375 Tc
(: Stockrate Asset Management, Mollevej 9 E2, DK-2990 Niva, Denmark.)Tj
/F5 1 Tf
-3.4473 -1.3125 TD
-0.0313 Tc
(France)Tj
/F1 1 Tf
2.5895 0 TD
-0.0375 Tc
(: CACEIS Investor Services Bank France S.A., 105, rue Raumur, 75002 Paris, France.)Tj
/F5 1 Tf
-2.5895 -1.3125 TD
-0.0313 Tc
(Germany)Tj
/F1 1 Tf
3.3912 0 TD
-0.0375 Tc
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Munich, Germany.)Tj
/F5 1 Tf
-3.3912 -1.3125 TD
-0.0313 Tc
(Greece)Tj
/F1 1 Tf
2.7565 0 TD
-0.0375 Tc
(: Piraeus Bank S.A., 4 Amerikis Street, 10564 Athens, Greece.)Tj
/F5 1 Tf
-2.7565 -1.3125 TD
-0.0313 Tc
(Ireland)Tj
/F1 1 Tf
2.6702 0 TD
-0.0375 Tc
(: CACEIS Investor Services Ireland Limited, George's Quay House, 43 Townsend Street, Dublin 2, Ireland.)Tj
/F5 1 Tf
-2.6702 -1.3125 TD
-0.0313 Tc
(Italy)Tj
/F1 1 Tf
1.6217 0 TD
-0.0375 Tc
(: Socit Gnrale Securities Services, Maciachini Center MAC 2, Via Benigno Crespi, 19/A, 20159 Milan, Italy; AllFunds Bank )Tj
46.0556 0 TD
(S.A. Filiale di Milano, Via Santa Margherita 7, 20121 )Tj
-47.6773 -1.25 TD
(Milan, Italy; CACEIS Investor Services Bank - Milan Branch, Cia Vittor Pisani, 26, 20154 Milan, Italy; State Street Bank S.pA.,)Tj
44.3915 0 TD
( Via Col Moschin, 16 , 20136 Milan, Italy; BNP Paribas Securities )Tj
-44.3915 -1.25 TD
(Services Succursale di Milano, Via Ansperto 5, 20121 Milan, Italy; Banca Sella, Piazza Gaudenzio Sella 1, 13900 Biella Bl., It)Tj
44.6105 0 TD
(aly.)Tj
/F5 1 Tf
-44.6105 -1.3125 TD
-0.0313 Tc
(Luxembourg)Tj
/F1 1 Tf
4.6865 0 TD
-0.0375 Tc
(: State Street Bank International GmbH, Luxembourg Branch, 49, avenue J.F. Kennedy, L-1855 Luxembourg.)Tj
/F5 1 Tf
-4.6865 -1.3125 TD
-0.0313 Tc
(Poland:)Tj
/F1 1 Tf
2.8372 0 TD
-0.0375 Tc
( Bank Pekao S.A, Zwirki i Wigury str. 31, 00-844 Warszawa.)Tj
/F5 1 Tf
-2.8372 -1.3125 TD
-0.0313 Tc
(Slovenia:)Tj
/F1 1 Tf
3.4968 0 TD
-0.0375 Tc
( NOVA KBM d.d registered ofce at Ulica Vita Kraigherja 4, 2000 Maribor, Slovenia.)Tj
/F5 1 Tf
-3.4968 -1.3125 TD
-0.0313 Tc
(Sweden)Tj
/F1 1 Tf
3.1465 0 TD
-0.0375 Tc
(: Skandinaviska Enskilda Banken AB, through its entity Global Transaction Services, SEB Merchant Banking, Sergels Torg 2, ST MH)Tj
47.5566 0 TD
(1, SE-106 40 Stockholm, Sweden.)Tj
/F5 1 Tf
-50.7031 -1.3125 TD
-0.0313 Tc
(Switzerland)Tj
/F1 1 Tf
4.5462 0 TD
-0.0375 Tc
(: Swiss Representative of the fund is First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. Paying Agent of the fu)Tj
45.2796 0 TD
(nd in Switzerland is Goldman Sachs Bank AG, )Tj
-49.8258 -1.25 TD
(Claridenstrasse 25, 8022 Zurich. The Key Investor Information Document \(KIID\) as well as the annual and semi-annual reports of )Tj
46.3355 0 TD
(the fund may be obtained free of charge at the Swiss )Tj
-46.3355 -1.25 TD
(Representative or Goldman Sachs Bank AG in Zurich.)Tj
0 -1.3125 TD
(Please note in addition for:)Tj
/F5 1 Tf
T*
-0.0313 Tc
(Australia)Tj
/F1 1 Tf
3.4408 0 TD
-0.0375 Tc
(: This material is distributed in Australia and New Zealand by Goldman Sachs Asset Management Australia Pty Ltd ABN 41 006 099 )Tj
47.3326 0 TD
(681, AFSL 228948 \(GSAMA\) and is intended )Tj
-50.7733 -1.25 TD
(for viewing only by wholesale clients in Australia for the purposes of section 761G of the Corporations Act 2001 \(Cth\) and to c)Tj
44.8905 0 TD
(lients who either fall within any or all of the categories of )Tj
-44.8905 -1.25 TD
(investors set out in section 3\(2\) or sub-section 5\(2CC\) of the Securities Act 1978 \(NZ\).)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Hong Kong)Tj
/F1 1 Tf
4.1077 0 TD
-0.0375 Tc
0 Tw
(: This material has been issued or approved for use in or from Hong Kong by Goldman Sachs Asset Management \(Hong Kong\) Limited.)Tj
/F5 1 Tf
-4.1077 -1.3125 TD
-0.0313 Tc
(Netherlands)Tj
/F1 1 Tf
4.6562 0 TD
-0.0375 Tc
(: The fund is included in the register kept by the Stichting Autoriteit Financile Markten.)Tj
/F5 1 Tf
-4.6562 -1.3125 TD
-0.0313 Tc
(Singapore)Tj
/F1 1 Tf
3.8858 0 TD
-0.0375 Tc
(: This material has been issued or approved for use in or from Singapore by Goldman Sachs Asset Management \(Singapore\) Pte. Ltd)Tj
47.8366 0 TD
(. \(Company Number: 201329851H\).)Tj
/F5 1 Tf
-51.7223 -1.3125 TD
-0.0313 Tc
(Spain)Tj
/F1 1 Tf
2.1778 0 TD
-0.0375 Tc
(: The fund is a foreign UCITS registered with the CNMV registry with number 141 \(SICAV\), 913 \(SICAV II\), 305 \(PLC\). A full desc)Tj
45.2296 0 TD
(ription and KIID for the fund and other mandatory )Tj
-47.4073 -1.25 TD
(documentation is available free of charge from any of the authorised distributors of the fund listed in the Comisin Nacional d)Tj
45.1165 0 TD
(el Mercado de Valores \(CNMV\) webpage at )Tj
-45.1165 -1.25 TD
(www.cnmv.es.)Tj
/F5 1 Tf
0 -15.75 TD
-0.0313 Tc
(Condentiality)Tj
/F1 1 Tf
0 -1.3125 TD
-0.025 Tc
(No part of this material may, without GSAMs prior written consent, be \(i\) copied, photocopied or duplicated in any form, by an)Tj
47.036 0 TD
(y means, or \(ii\) distributed to any person that is not an )Tj
-47.036 -1.25 TD
(employee, ofcer, director, or authorized agent of the recipient.)Tj
0 -1.3125 TD
( 2024 Goldman Sachs. All rights reserved.)Tj
T*
(Registered and Principal Ofces:)Tj
/F5 1 Tf
12.309 0 TD
-0.0313 Tc
( Luxembourg domiciled Funds Registered Ofce:)Tj
/F1 1 Tf
18.1468 0 TD
-0.025 Tc
( c/o State Street Bank International GmbH, Luxembourg Branch, 49, Avenue J-F Kennedy L-1855, )Tj
-30.4558 -1.25 TD
(Luxembourg)Tj
0 -1.3125 TD
(Any reference to a national regulator is for information purposes only and should not be construed as an endorsement, or otherw)Tj
48.257 0 TD
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