Goldman Sachs USD Green Bond P EUR/  LU2578936424  /

The Fund is classified as a financial product under Article 9 of the EU Sustainable Finance Disclosure Regulation. The Fund has a sustainable investment objective and it will invest in economic activities that qualify as environmentally sustainable under the EU Taxonomy. The fund invests at least 85% of its net assets in a portfolio of green bonds predominantly (minimum 2/3) denominated in US Dollar. Green bonds are any type of bond instruments where the proceeds will be applied to finance or re-finance in part or in full new and/or existing projects that are beneficial to the environment. The selection process involves green bond analysis, traditional credit analysis and ESG (Environmental, Social and Governance) analysis which may be limited by the quality and availability of the data disclosed by issuers or provided by third parties. Example of non-financial criteria assessed in the ESG analysis is annual greenhouse gas (GHG) emissions avoided. When selecting investments the Investment Manager shall analyse, maintain and update the credit rating of future investments and shall ensure that the average rating of the portfolio is BBB- or better. Investments in bonds with a higher risk (with a quality rating lower than BBB- but still higher than BB-) may not exceed 10% of the fund's net assets. Measured over a period of 5 years the fund aims to beat the performance of the benchmark Bloomberg MSCI Global Green Bond Index USD Total Return Index Unhedged USD. The benchmark is a broad representation of the fund's investment universe. The fund may also include investments into bonds that are not part of the benchmark universe.

The Fund is classified as a financial product under Article 9 of the EU Sustainable Finance Disclosure Regulation. The Fund has a sustainable investment objective and it will invest in economic activities that qualify as environmentally sustainable under the EU Taxonomy. The fund invests at least 85% of its net assets in a portfolio of green bonds predominantly (minimum 2/3) denominated in US Dollar. Green bonds are any type of bond instruments where the proceeds will be applied to finance or re-finance in part or in full new and/or existing projects that are beneficial to the environment. The selection process involves green bond analysis, traditional credit analysis and ESG (Environmental, Social and Governance) analysis which may be limited by the quality and availability of the data disclosed by issuers or provided by third parties. Example of non-financial criteria assessed in the ESG analysis is annual greenhouse gas (GHG) emissions avoided.