Goldman Sachs European ABS - N Cap EUR/  LU1900228625  /

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.

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.