Goldman Sachs US$ Liquid Reserves Fund Capital Class/  IE0033246004  /

The investment objective of the US$ Liquid Reserves Fund is to maximise current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing in a diversified portfolio of high quality money market securities. The Fund will invest in US Dollar denominated money market instruments: securities with remaining maturities (eg, a final maturity date) of 397 days or less at the time of purchase. The weighted average time to the maturity date (meaning date of interest rate change or principal repayment, if earlier) of all such securities will be up to 60 days and the weighted average time until the full principal must be repaid on all securities will be up to 120 days. The Fund has been authorised as a Low Volatility NAV Money Market Fund under Regulation 2017/1131 and is a "short-term money market fund". The Fund will consider Environmental Social Governance (ESG) factors and as such will not invest in debt securities issued by companies that are, in the opinion of the Investment Manager, directly engaged and/or generating significant revenues from the following activities: production of, and/or involvement in controversial weapons (including nuclear weapons), production or sale of tobacco, extraction, production or generation of certain fossil fuels (including thermal coal, shale gas and oil, oil sands, and arctic oil and gas), production or sale of civilian firearms, and operation of private prisons. The Investment Manager may periodically update the types of activities that are excluded.

The investment objective of the US$ Liquid Reserves Fund is to maximise current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing in a diversified portfolio of high quality money market securities.