Goldman Sachs European ABS - Q Cap EUR
LU2485717560
Goldman Sachs European ABS - Q Cap EUR/ LU2485717560 /
NAV24/09/2024 |
Chg.+0.9697 |
Type of yield |
Investment Focus |
Investment company |
6,234.5898EUR |
+0.02% |
reinvestment |
Bonds
Worldwide
|
Goldman Sachs AM BV ▶ |
Investment strategy
The Fund promotes environmental or social characteristics but does not have a sustainable investment objective. The Fund integrates ESG factors and risk in the investment process alongside traditional factors.
The fund primarily invests in a diversified portfolio of bonds denominated or hedged to Euro. The fund will invest in asset backed securities with a minimum rating of Investment Grade (IG) at the time of purchase, which is defined as BBB- and higher by Standard and Poor"s Rating Services (S&P) and/or Fitch Rating (Fitch) and Baa3 and higher by Moody"s Investor Services (Moody"s). The targeted average rating of the fund is A (S&P and Fitch) or A2 (Moody"s). Asset backed securities are bonds backed by the collateral, e.g. residential mortgages, commercial real estate debt, consumer loans or credit card receivables. Measured over a period of several years the aims to achieve the highest possible total return in the longer term and within the framework of the set risk profile.
Investment goal
The Fund promotes environmental or social characteristics but does not have a sustainable investment objective. The Fund integrates ESG factors and risk in the investment process alongside traditional factors.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
Euribor 3-month |
Business year start: |
01/10 |
Last Distribution: |
- |
Depository bank: |
Brown Brothers Harriman (Luxembourg) S.C.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Germany, Switzerland |
Fund manager: |
Bart Bakx, Hon-Cheung Man, Fleur van den Bosch, Maikel Scharloo |
Fund volume: |
238.76 mill.
EUR
|
Launch date: |
03/08/2022 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.15% |
Minimum investment: |
100,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Goldman Sachs AM BV |
Address: |
Schenkkade 65, 2509, LL Den Haag |
Country: |
Netherlands |
Internet: |
www.gsam.com
|
Countries
Global |
|
37.45% |
United Kingdom |
|
14.41% |
Spain |
|
10.74% |
Germany |
|
8.04% |
Netherlands |
|
7.35% |
Italy |
|
6.28% |
Cash |
|
5.26% |
France |
|
3.11% |
Portugal |
|
2.92% |
Ireland |
|
2.10% |
Others |
|
2.34% |
Currencies
Euro |
|
99.91% |
British Pound |
|
0.09% |