Goldman Sachs Global Environmental Transition Equity (X Cap)

Valuation Day

08/10/2024

Net Asset Value

1410.5000

Risk level

MorningStar

Investment Scope

The Sub-Fund seeks long-term capital appreciation by pre-dominantly (minimum 2/3) investing in a portfolio of equities and/or other Transferable Securities (warrants on Transferable Securities – up to a maximum of 10% of the Sub-Fund’s net assets – and convertible bonds) issued by companies worldwide. The Sub-Fund seeks to invest companies with a heavy environmental footprint that are transitioning to a lower environmental footprint, in particular, but not limited to, carrying out their business activity in the following areas: extraction, power generation, manufacturing, transportation and consumption.

The Sub-Fund is actively managed, with deviation limits maintained relative to the Index and uses fundamental analyses, including the consideration of ESG factors, to select companies that support the environmental transition.

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 Sub-Fund’s investment universe. The Sub-Fund may also include investments into securities that are not part of the Index universe.

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Past returns do not predict future returns

Historical NAV

Calendar Year Performance (NET %)

Cumulative Performance (ΝΕΤ %)

USD 1y 3y 5y
Fund 10.71 71.68 51.75
Share Class Benchmark 28.26 104.58 102.44
Date Report 30/09/2024

Practical Info

ISIN Code: LU0121175821
Currency: USD
Unit class: X CAP
Asset class: Equity
Region: Global

Risk and Reward Profile

Historical data, such as is used for calculating this indicator, may not be a reliable indication of the future risk profile of this fund. There is no guarantee that the risk indicator will remain unchanged, it may shift over time. The lowest category of risk does not mean that the investment is riskfree. This fund is in this specific risk category because of the behaviour of the product during the measuring period.

The overall market risk, taking into account past performances and future potential evolution of the markets, associated with stocks and/or financial instruments used to reach the investment objective is considered high. These financial instruments are impacted by various factors. These include, but are not limited to, the development of the financial market, the economic development of issuers of these financial instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country. The Sub-Fund’s liquidity risk is set to low. Liquidity risks may arise when a specific underlying investment is difficult to sell. Moreover, currency fluctuation may impact highly the Sub-Fund’s performance. Investments in a specific theme are more concentrated than investments in various themes. No guarantee is provided as to the recovery of the initial investment.

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Synthetic Risk and Reward Indicator

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