Goldman Sachs Euro Short Duration Bond - X Cap EUR

Valuation Day

27/05/2024

Net Asset Value

258.9500

Risk level

MorningStar

Investment Scope

The Sub-Fund aims to generate returns by investing mainly in Euro-denominated bonds. The average lifetime of the portfolio will not exceed three years. Measured over a period of several years this Sub-Fund aims to beat the performance of the Index as listed in the Appendix II of the Company’s Prospectus. The Index is a broad representation of the SubFund’s investment universe. The Sub-Fund can also include investments into bonds that are 
not part of the Index universe. The Sub-Fund uses active management to invest in short term fixed income instruments such as Government  (guaranteed) bonds, bonds with variable interest rates and corporate bonds, with deviation limits maintained relative to the Index.

The Sub-Fund’s investments can therefore materially deviate from the Index. The Sub-Fund seeks to add value by forming a view on the evolution of interest rates, acting on that view and selectively taking positions in attractively priced credit instruments. Fixedincome Transferable Securities and/or Money Market Instruments issued or guaranteed by the governments of the Netherlands, Germany, Italy, Spain, Belgium and/or France, and their  local public authorities may represent more than 35% of the net asset value of the SubFund, provided such exposure does comply with the principle of risk spreading described in Art. 45 (1) of the Law of 2010. The Sub-Fund may also invest on an ancillary basis in other Transferable Securities (including warrants on Transferable Securities up to a maximum of 10% of the Sub-Fund’s net assets), Money Market Instruments, Rule 144 A securities, units of UCITS and other UCIs and deposits as described in Chapter III “Investment restrictions”, section A “Eligible investments” of Part III of this prospectus. However, investments in UCITS and UCIs may not exceed a total of 10% of the net assets. Where the Sub- Fund invests in warrants on Transferable Securities, note that the Net Asset Value may fluctuate more than if the Sub-Fund were invested in the underlying assets because of the higher volatility of the value of the warrant. The Sub-Fund may hold bank deposits at sight, such as cash held in current accounts with a bank accessible at any time. Such holdings may not exceed 20% of the Sub-Fund's net assets under normal market conditions. Investments in Money Market Instruments and cash equivalents are for the purpose of achieving the Sub-Fund’s investment objective.

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Past returns do not predict future returns

Historical NAV

Calendar Year Performance (NET %)

Cumulative Performance (ΝΕΤ %)

EUR 1y 3y 5y
Fund - - -
Share Class Benchmark - - -
Date Report 30/04/2024

Practical Info

ISIN Code: LU2633844746
Currency: EUR
Unit class: X CAP
Asset class: Fixed Income
Region: Europe

Risk and Reward Profile

The real risk may be significantly different if the Product is not held to maturity. The risk indicator assumes you keep the product for 5 year(s).

The summary risk indicator is a guide to the level of the risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
This product does not include any protection from future market performance so you could lose some or all of your investment.

Other Material Risks relevant to the Portfolio not included in the summary risk indicator are set out in the Prospectus.
If the Fund is not able to pay you what is owed, you could lose your entire investment.  The actual risk can vary significantly if you cash in at an early stage and you may get back less. You may not be able to cash in early. You may have to pay significant extra costs to cash in early.

Be aware of currency risk when the currency of the Fund is different than the official currency of the Member State where the Fund is marketed to you. You will receive payments in a different currency than the official currency of the Member State where the Fund is marketed to you, so the final return you will get depends on the exchange rate between the two currencies. The risk is not considered in the indicator shown above.

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Synthetic Risk and Reward Indicator

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