Liquid Euribor 3M - Z Cap EUR
LU0625107734
Liquid Euribor 3M - Z Cap EUR/ LU0625107734 /
NAV2024-05-31 |
Chg.+0.1399 |
Type of yield |
Investment Focus |
Investment company |
1,045.8199EUR |
+0.01% |
reinvestment |
Money Market
Worldwide
|
Goldman Sachs AM BV ▶ |
Investment strategy
The Fund is classified as a financial product under Article 8 of the EU Sustainable Finance Disclosure Regulation. 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. This standard variable net asset value money market fund is actively managed and the benchmark Euribor 3 months is not used for portfolio construction but for performance measurement purposes only. To achieve this goal the fund invests in various types of euro denominated money market instruments like commercial paper, certificates of deposits, floating rate notes (notes with a variable interest rate), asset-backed securities (securities whose value and income payments are derived from and collateralized (or "backed") by assets), Treasury Bills, and bonds.
The fund also invests in other financial instruments in order to efficiently manage the duration (sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates) of the portfolio. A higher duration means a stronger interest rate sensitivity. All eligible instruments must have a residual maturity until the legal redemption date of less than or equal to 2 years, provided that the time remaining until the next interest rate reset date is less than or equal to 397 days. The fund limits its weighted average maturity (duration) to 6 months and its weighted average life (weighted average of the times until an asset"s principal is repaid) to 12 months. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. Money Market funds (MMF) are not guaranteed investments.
Investment goal
The Fund is classified as a financial product under Article 8 of the EU Sustainable Finance Disclosure Regulation. 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. This standard variable net asset value money market fund is actively managed and the benchmark Euribor 3 months is not used for portfolio construction but for performance measurement purposes only. To achieve this goal the fund invests in various types of euro denominated money market instruments like commercial paper, certificates of deposits, floating rate notes (notes with a variable interest rate), asset-backed securities (securities whose value and income payments are derived from and collateralized (or "backed") by assets), Treasury Bills, and bonds.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Money Market |
Region: |
Worldwide |
Branch: |
Money Market Securities |
Benchmark: |
Euribor 3-month |
Business year start: |
07-01 |
Last Distribution: |
- |
Depository bank: |
Brown Brothers Harriman (Luxembourg) S.C.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Luxembourg |
Fund manager: |
Kiril Bistrichki, Inge van Elk |
Fund volume: |
2.91 bill.
EUR
|
Launch date: |
2013-01-25 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.00% |
Minimum investment: |
5,000,000.00 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
|
Assets
Money Market |
|
92.54% |
Cash |
|
7.46% |
Countries
France |
|
21.05% |
Belgium |
|
9.74% |
United Kingdom |
|
8.99% |
Cash |
|
7.46% |
Spain |
|
7.13% |
Japan |
|
5.96% |
Ireland |
|
5.63% |
Canada |
|
5.53% |
Finland |
|
5.15% |
Netherlands |
|
3.88% |
Germany |
|
3.43% |
United States of America |
|
2.98% |
Norway |
|
2.89% |
Sweden |
|
2.78% |
Australia |
|
2.71% |
Others |
|
4.69% |