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BT
7 0 0 7 221.284 585.6392 Tm
(60)Tj
ET
0 0 0 1 K
232.5 603.514 m
229.5 603.514 l
S
0 0 0 0 K
232.5 603.514 m
567.5 603.514 l
S
BT
7 0 0 7 221.284 602.5142 Tm
(80)Tj
ET
0 0 0 1 K
232.5 620.389 m
229.5 620.389 l
S
0 0 0 0 K
232.5 620.389 m
567.5 620.389 l
S
BT
7 0 0 7 218.176 619.3892 Tm
(100)Tj
ET
0 0 0 1 K
232.5 637.264 m
229.5 637.264 l
S
0 0 0 0 K
232.5 637.264 m
567.5 637.264 l
S
BT
7 0 0 7 218.176 636.2642 Tm
(120)Tj
ET
0 0 0 1 K
232.5 654.139 m
229.5 654.139 l
S
0 0 0 0 K
232.5 654.139 m
567.5 654.139 l
S
BT
7 0 0 7 218.176 653.1392 Tm
(140)Tj
ET
0 0 0 1 K
232.5 671.014 m
229.5 671.014 l
S
0 0 0 0 K
232.5 671.014 m
567.5 671.014 l
S
BT
7 0 0 7 218.176 670.0143 Tm
(160)Tj
ET
0 0 0 1 K
232.5 687.889 m
229.5 687.889 l
S
BT
7 0 0 7 218.176 686.8893 Tm
(180)Tj
ET
232.5 552.889 m
232.5 687.889 l
S
0 0 0 0.5 K
1.5 w
557.681 643.803 m
555.658 644.461 l
553.635 641.88 l
551.678 629.519 l
549.652 634.547 l
547.694 635.847 l
545.671 632.885 l
543.648 633.071 l
541.691 630.405 l
539.668 627.215 l
537.71 621.022 l
535.69 635.99 l
533.797 644.191 l
531.774 645.347 l
529.751 643.297 l
527.793 640.344 l
525.768 639.289 l
523.81 636.167 l
521.787 637.686 l
519.764 637.349 l
517.806 633.383 l
515.783 638.201 l
513.828 634.606 l
511.805 632.851 l
509.978 629.291 l
507.955 623.933 l
505.932 630.059 l
503.974 631.164 l
501.949 637.635 l
499.991 637.762 l
497.968 639.357 l
495.945 636.842 l
493.987 637.956 l
491.964 637.29 l
490.007 633.307 l
487.986 635.526 l
486.159 639.154 l
484.136 637.374 l
482.113 636.75 l
480.155 638.876 l
478.13 636.952 l
476.172 633.425 l
474.149 634.336 l
472.126 634.615 l
470.168 637.104 l
468.145 635.636 l
466.188 633.408 l
464.167 630.388 l
462.34 628.059 l
460.317 628.236 l
458.294 623.739 l
456.336 623.039 l
454.311 624.026 l
452.353 624.346 l
450.33 623.646 l
448.307 620.558 l
446.349 625.511 l
444.326 623.199 l
442.369 622.11 l
440.348 620.735 l
438.456 622.583 l
436.433 628.801 l
434.41 632.944 l
432.452 630.312 l
430.426 623.739 l
428.469 627.266 l
426.446 634.851 l
424.423 631.493 l
422.465 635.796 l
420.442 633.619 l
418.484 633.67 l
416.464 631.645 l
414.637 625.865 l
412.614 619.723 l
410.591 620.541 l
408.633 617.681 l
406.607 619.124 l
404.65 618.87 l
402.627 617.588 l
400.604 619.081 l
398.646 619.588 l
396.623 617.656 l
394.665 617.048 l
392.645 617.765 l
390.818 614.044 l
388.795 615.487 l
386.772 614.677 l
384.814 613.681 l
382.788 611.125 l
380.831 608.366 l
378.808 608.813 l
376.785 605.421 l
374.827 608.737 l
372.804 606.974 l
370.849 606.214 l
368.826 605.033 l
366.999 604.316 l
364.976 602.476 l
362.953 601.675 l
360.995 600.266 l
358.969 599.903 l
357.012 599.161 l
354.989 598.165 l
352.966 595.524 l
351.008 593.389 l
348.985 596.908 l
347.027 597.583 l
345.007 597.549 l
343.114 595.035 l
341.091 592.478 l
339.068 591.305 l
337.111 592.714 l
335.085 588.597 l
333.127 591.01 l
331.104 597.659 l
329.081 599.296 l
327.124 601.084 l
325.101 601.27 l
323.143 599.574 l
321.123 601.329 l
319.295 600.013 l
317.272 599.523 l
315.249 596.283 l
313.289 596.764 l
311.266 595.338 l
309.308 593.035 l
307.285 593.98 l
305.262 591.828 l
303.305 592.031 l
301.282 595.018 l
299.324 595.414 l
297.304 591.314 l
295.476 591.609 l
293.453 592.993 l
291.43 589.98 l
289.473 589.575 l
287.447 590.748 l
285.489 589.078 l
283.466 586.513 l
281.443 582.969 l
279.485 583.458 l
277.462 581.222 l
275.505 576 l
273.484 575.544 l
271.657 579.046 l
269.634 580.176 l
267.611 581.391 l
265.654 583.897 l
263.628 591.778 l
261.67 599.144 l
259.647 598.317 l
257.624 599.827 l
255.666 606.391 l
253.643 605.354 l
251.686 601.725 l
249.665 604.679 l
247.773 604.468 l
245.75 613.926 l
243.727 614.593 l
241.769 618.474 l
239.744 616.685 l
237.786 616.078 l
235.763 617.065 l
233.74 619.917 l
232.5 620.389 l
S
1 0.84 0.31 0.17 K
[4 2 ]0 d
557.681 656.367 m
555.658 657.27 l
553.635 654.468 l
551.678 639.973 l
549.652 645.449 l
547.694 647.018 l
545.671 643.845 l
543.648 645.339 l
541.691 642.09 l
539.668 639.045 l
537.71 633.105 l
535.69 649.372 l
533.797 659.86 l
531.774 661.438 l
529.751 658.906 l
527.793 655.675 l
525.768 654.662 l
523.81 650.359 l
521.787 652.03 l
519.764 651.684 l
517.806 646.782 l
515.783 652.536 l
513.828 648.3 l
511.805 646.065 l
509.978 641.677 l
507.955 635.518 l
505.932 641.34 l
503.974 642.259 l
501.949 648.216 l
499.991 647.625 l
497.968 650.191 l
495.945 646.748 l
493.987 647.524 l
491.964 647.406 l
490.007 642.495 l
487.986 644.698 l
486.159 649.06 l
484.136 647.28 l
482.113 646.402 l
480.155 648.756 l
478.13 646.588 l
476.172 642.453 l
474.149 643.28 l
472.126 643.685 l
470.168 646.427 l
468.145 644.757 l
466.188 642.96 l
464.167 639.5 l
462.34 636.564 l
460.317 636.944 l
458.294 631.366 l
456.336 630.345 l
454.311 631.122 l
452.353 631.156 l
450.33 630.489 l
448.307 627.291 l
446.349 631.341 l
444.326 629.215 l
442.369 627.46 l
440.348 626.253 l
438.456 628.287 l
436.433 634.404 l
434.41 639.888 l
432.452 637.18 l
430.426 629.443 l
428.469 633.645 l
426.446 642.622 l
424.423 638.521 l
422.465 643.491 l
420.442 641.989 l
418.484 641.981 l
416.464 640.251 l
414.637 633.501 l
412.614 626.928 l
410.591 628.228 l
408.633 625.393 l
406.607 627.063 l
404.65 626.743 l
402.627 624.954 l
400.604 626.346 l
398.646 626.743 l
396.623 624.515 l
394.665 622.878 l
392.645 623.595 l
390.818 619.605 l
388.795 621.106 l
386.772 620.254 l
384.814 619.394 l
382.788 616.314 l
380.831 612.914 l
378.808 613.369 l
376.785 609.615 l
374.827 613.58 l
372.804 612.12 l
370.849 610.906 l
368.826 609.724 l
366.999 609.024 l
364.976 607.033 l
362.953 606.037 l
360.995 604.518 l
358.969 604.02 l
357.012 603.43 l
354.989 602.105 l
352.966 599.439 l
351.008 596.326 l
348.985 600.224 l
347.027 601.329 l
345.007 601.422 l
343.114 598.874 l
341.091 596.562 l
339.068 595.321 l
337.111 595.954 l
335.085 591.6 l
333.127 594.199 l
331.104 600.806 l
329.081 602.485 l
327.124 604.358 l
325.101 604.501 l
323.143 602.308 l
321.123 604.704 l
319.295 603.016 l
317.272 601.886 l
315.249 598.646 l
313.289 599.49 l
311.266 597.954 l
309.308 595.963 l
307.285 596.73 l
305.262 593.853 l
303.305 594.191 l
301.282 597.144 l
299.324 597.751 l
297.304 593.499 l
295.476 593.6 l
293.453 595.305 l
291.43 591.837 l
289.473 591.212 l
287.447 592.385 l
285.489 590.883 l
283.466 588.259 l
281.443 583.804 l
279.485 584.319 l
277.462 582.032 l
275.505 576.32 l
273.484 575.417 l
271.657 579.484 l
269.634 581.071 l
267.611 582.91 l
265.654 586.395 l
261.67 600.907 l
259.647 599.751 l
257.624 601 l
255.666 608.18 l
253.643 607.733 l
251.686 603.43 l
249.665 606.088 l
247.773 606.729 l
245.75 615.968 l
243.727 617.073 l
241.769 620.98 l
239.744 618.6 l
237.786 618.01 l
235.763 618.592 l
233.74 621.528 l
232.5 620.389 l
S
0 0.59 1 0.18 K
[]0 d
557.681 658.021 m
555.658 657.683 l
553.635 655.405 l
551.678 641.399 l
549.652 648.317 l
547.694 649.583 l
545.671 646.714 l
543.648 645.87 l
541.691 643.339 l
539.668 640.302 l
537.71 631.358 l
535.69 650.849 l
533.797 663.758 l
531.774 663.674 l
529.751 661.48 l
527.793 657.852 l
525.768 655.995 l
523.81 651.439 l
521.787 653.802 l
519.764 654.055 l
517.806 649.161 l
515.783 655.574 l
513.828 652.199 l
511.805 650.174 l
509.978 646.292 l
507.955 638.867 l
505.932 645.617 l
503.974 647.22 l
501.949 655.067 l
499.991 655.658 l
497.968 657.092 l
495.945 654.646 l
493.987 655.911 l
491.964 654.308 l
490.007 649.077 l
487.986 652.283 l
486.159 656.586 l
484.136 653.886 l
482.113 653.042 l
480.155 655.827 l
478.13 652.705 l
476.172 648.486 l
474.149 648.824 l
472.126 648.992 l
470.168 651.017 l
468.145 649.33 l
466.188 646.883 l
464.167 643.086 l
462.34 641.567 l
460.317 640.302 l
458.294 634.817 l
456.336 633.299 l
454.311 633.214 l
452.353 633.046 l
450.33 631.105 l
448.307 627.392 l
446.349 633.13 l
444.326 629.333 l
442.369 627.561 l
440.348 625.283 l
438.456 627.224 l
436.433 633.974 l
434.41 638.108 l
432.452 634.142 l
430.426 627.055 l
428.469 629.839 l
426.446 637.433 l
424.423 633.467 l
422.465 638.361 l
420.442 635.239 l
418.484 635.239 l
416.464 633.046 l
414.637 627.983 l
412.614 620.558 l
410.591 621.571 l
408.633 619.967 l
406.607 620.98 l
404.65 620.305 l
402.627 619.377 l
400.604 620.642 l
398.646 620.642 l
396.623 617.689 l
394.665 617.014 l
392.645 618.28 l
390.818 612.542 l
388.795 613.555 l
386.772 613.217 l
384.814 611.699 l
382.788 608.745 l
380.831 606.046 l
378.808 606.805 l
376.785 602.671 l
374.827 606.214 l
372.804 604.274 l
370.849 603.767 l
368.826 602.417 l
366.999 602.586 l
364.976 600.392 l
362.953 599.97 l
360.995 598.367 l
358.969 598.283 l
357.012 597.524 l
354.989 596.849 l
352.966 593.811 l
351.008 591.364 l
348.985 594.571 l
347.027 594.655 l
345.007 594.824 l
343.114 592.714 l
341.091 590.183 l
339.068 589.424 l
337.111 590.099 l
335.085 585.542 l
333.127 588.327 l
331.104 595.583 l
329.081 598.958 l
327.124 600.392 l
325.101 600.983 l
323.143 599.211 l
321.123 601.995 l
319.295 601.489 l
317.272 599.296 l
315.249 595.667 l
313.289 596.849 l
311.266 595.499 l
309.308 593.052 l
307.285 594.655 l
305.262 591.533 l
303.305 592.546 l
301.282 595.499 l
299.324 595.499 l
297.304 591.28 l
295.476 591.786 l
293.453 593.474 l
291.43 590.183 l
289.473 589.761 l
287.447 591.196 l
285.489 590.099 l
283.466 587.061 l
281.443 582.252 l
279.485 583.095 l
277.462 580.564 l
275.505 575.502 l
273.484 574.995 l
271.657 578.033 l
269.634 579.72 l
267.611 580.986 l
265.654 584.614 l
263.628 591.87 l
261.67 599.296 l
259.647 598.199 l
257.624 599.549 l
255.666 606.636 l
253.643 605.961 l
251.686 602.164 l
249.665 604.78 l
247.773 605.624 l
245.75 615.158 l
243.727 616.002 l
241.769 620.052 l
239.744 618.027 l
237.786 617.689 l
235.763 618.87 l
233.74 622.245 l
232.5 620.389 l
S
q
226.5 497.389 8 35.5 re
W n
3 w
226.5 532.889 m
234.5 532.889 l
S
Q
BT
8 0 0 8 237.5 526.8892 Tm
0 0 0 1 k
-0.025 Tc
(Goldman Sachs Europe CORE )Tj
0 -1.25 TD
(Equity Portfolio Class P Shares )Tj
T*
(\(Acc.\))Tj
/F2 1 Tf
4 0 0 4 255.412 509.9892 Tm
-0.05 Tc
(\(5\))Tj
ET
q
337.5 497.389 4 35.5 re
W n
1 0.84 0.31 0.17 K
3 w
337.5 532.889 m
341.5 532.889 l
S
Q
q
343.5 497.389 4 35.5 re
W n
1 0.84 0.31 0.17 K
3 w
343.5 532.889 m
347.5 532.889 l
S
Q
BT
/F1 1 Tf
8 0 0 8 350.5 526.8892 Tm
-0.025 Tc
(MSCI Europe Index )Tj
ET
q
0.2 i
350.5 512.389 97 20.5 re
W n
BT
8 0 0 8 410.452 526.8892 Tm
0 Tc
(\()Tj
ET
Q
BT
8 0 0 8 412.476 526.8892 Tm
(Net total )Tj
-7.747 -1.25 TD
(return, unhedged, EUR\))Tj
/F2 1 Tf
4 0 0 4 420.316 519.9892 Tm
-0.05 Tc
(\(4\))Tj
ET
q
450.5 497.389 8 35.5 re
W n
0 0 0 0.5 K
3 w
450.5 532.889 m
458.5 532.889 l
S
Q
BT
/F1 1 Tf
8 0 0 8 461.5 526.8892 Tm
-0.025 Tc
(Morningstar Europe Large-Cap )Tj
T*
(Blend Equity)Tj
/F2 1 Tf
4 0 0 4 499.092 519.9892 Tm
-0.05 Tc
(\(1\))Tj
8 0 0 8 212.5 491.3893 Tm
0 Tc
(This is an actively managed fund that is not designed to track its reference benchmark. Therefore the performance of the )Tj
T*
(fund and the performance of its reference benchmark may diverge. In addition stated reference benchmark returns do not )Tj
T*
(reect any management or other charges to the fund, whereas stated returns of the fund do.)Tj
/F5 1 Tf
33.316 0 TD
( Past performance does not )Tj
-33.316 -1.25 TD
[(guarantee future results, which may vary)37(. The value of investments and the income derived from investments )]TJ
T*
[(will uctuate and can go down as well as up. A loss of capital may occur)70(.)]TJ
ET
q
212.5 422.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 438.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 427.8893 Tm
0 0 0 0 k
-0.015 Tc
(Performance Summary \(%\))Tj
/F5 1 Tf
8 0 0 8 398.052 410.8892 Tm
0 0 0 1 k
-0.025 Tc
[(Cumulative)-8764(Annualised)]TJ
/F2 1 Tf
-6.669 -1.625 TD
[(Since Launch)-1334(1 Mth)-1220(3 Mths)-1575(YTD)]TJ
ET
q
465.5 393.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
469.5 406.389 m
469.5 381.389 l
S
Q
BT
8 0 0 8 479.748 397.8893 Tm
(1 Y)Tj
ET
q
0.2 i
470.5 393.389 20 11 re
W n
BT
8 0 0 8 488.476 397.8893 Tm
0 Tc
(r)Tj
ET
Q
BT
8 0 0 8 500.836 397.8893 Tm
[(3 Yrs)-1292(5 Yrs)-873(10 Yrs)]TJ
ET
q
212.5 380.389 128 13 re
W n
0.132 0.08 0.028 0 k
212.5 393.389 128 -13 re
f
Q
BT
8 0 0 8 217.5 384.8892 Tm
(Class P Shares \(Acc.\))Tj
4 0 0 4 273.724 388.3892 Tm
-0.05 Tc
(\(5\))Tj
ET
q
340.5 380.389 45 13 re
W n
0.132 0.08 0.028 0 k
340.5 393.389 45 -13 re
f
Q
BT
8 0 0 8 365.516 384.8892 Tm
-0.025 Tc
(44.60)Tj
ET
q
385.5 380.389 27 13 re
W n
0.132 0.08 0.028 0 k
385.5 393.389 27 -13 re
f
Q
BT
8 0 0 8 395.868 384.8892 Tm
(0.28)Tj
ET
q
412.5 380.389 29 13 re
W n
0.132 0.08 0.028 0 k
412.5 393.389 29 -13 re
f
Q
BT
8 0 0 8 421.516 384.8892 Tm
(15.77)Tj
ET
q
441.5 380.389 24 13 re
W n
0.132 0.08 0.028 0 k
441.5 393.389 24 -13 re
f
Q
BT
8 0 0 8 448.868 384.8892 Tm
(0.28)Tj
ET
q
465.5 380.389 5 13 re
W n
0.132 0.08 0.028 0 k
465.5 393.389 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
469.5 393.389 m
469.5 368.389 l
S
Q
q
470.5 380.389 25 13 re
W n
0.132 0.08 0.028 0 k
470.5 393.389 25 -13 re
f
Q
BT
8 0 0 8 475.716 384.8892 Tm
(\(4.48\))Tj
ET
q
495.5 380.389 24 13 re
W n
0.132 0.08 0.028 0 k
495.5 393.389 24 -13 re
f
Q
BT
8 0 0 8 502.868 384.8892 Tm
(0.39)Tj
ET
q
519.5 380.389 24 13 re
W n
0.132 0.08 0.028 0 k
519.5 393.389 24 -13 re
f
Q
BT
8 0 0 8 526.868 384.8892 Tm
(5.98)Tj
ET
q
543.5 380.389 24 13 re
W n
0.132 0.08 0.028 0 k
543.5 393.389 24 -13 re
f
Q
BT
8 0 0 8 550.868 384.8892 Tm
(6.42)Tj
-41.671 -1.625 TD
(MSCI Europe Index \(Net total return, )Tj
0 -1.3125 TD
(unhedged, EUR\))Tj
4 0 0 4 260.444 364.8892 Tm
-0.05 Tc
(\(4\))Tj
8 0 0 8 365.516 371.8892 Tm
-0.025 Tc
(42.6)Tj
ET
q
0.2 i
340.5 367.389 40 11 re
W n
BT
8 0 0 8 377.148 371.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 392.716 371.8892 Tm
[(\(0.75\))-1752(15.77)-1152(\(0.75\))]TJ
ET
q
465.5 356.889 5 23.5 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
469.5 380.389 m
469.5 355.389 l
S
Q
BT
8 0 0 8 475.716 371.8892 Tm
[(\(2.81\))-1546(2.11)-1546(5.45)-1546(6.03)]TJ
ET
q
212.5 343.889 128 13 re
W n
0.132 0.08 0.028 0 k
212.5 356.889 128 -13 re
f
Q
BT
8 0 0 8 217.5 348.3892 Tm
(Morningstar Europe Large-Cap Blend Equity)Tj
4 0 0 4 335.452 351.8892 Tm
-0.05 Tc
(\(1\))Tj
ET
0.132 0.08 0.028 0 k
340.5 356.889 45 -13 re
f
q
385.5 343.889 27 13 re
W n
385.5 356.889 27 -13 re
f
Q
BT
8 0 0 8 392.716 348.3892 Tm
0 0 0 1 k
-0.025 Tc
(\(0.61\))Tj
ET
q
412.5 343.889 29 13 re
W n
0.132 0.08 0.028 0 k
412.5 356.889 29 -13 re
f
Q
BT
8 0 0 8 421.516 348.3892 Tm
(15.21)Tj
ET
0.132 0.08 0.028 0 k
441.5 356.889 24 -13 re
f
BT
8 0 0 8 445.716 348.3892 Tm
0 0 0 1 k
(\(0.61\))Tj
ET
q
465.5 343.889 5 13 re
W n
0.132 0.08 0.028 0 k
465.5 356.889 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
469.5 356.889 m
469.5 331.889 l
S
Q
0.132 0.08 0.028 0 k
470.5 356.889 25 -13 re
f
BT
8 0 0 8 475.716 348.3892 Tm
0 0 0 1 k
(\(0.71\))Tj
ET
0.132 0.08 0.028 0 k
495.5 356.889 24 -13 re
f
BT
8 0 0 8 502.868 348.3892 Tm
0 0 0 1 k
(1.42)Tj
ET
0.132 0.08 0.028 0 k
519.5 356.889 24 -13 re
f
BT
8 0 0 8 526.868 348.3892 Tm
0 0 0 1 k
(4.56)Tj
ET
0.132 0.08 0.028 0 k
543.5 356.889 24 -13 re
f
BT
8 0 0 8 550.868 348.3892 Tm
0 0 0 1 k
(5.1)Tj
ET
q
0.2 i
543.5 343.889 19 11 re
W n
BT
8 0 0 8 559.1479 348.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 217.5 335.3892 Tm
(Quartile Position in Sector)Tj
4 0 0 4 287.62 338.8892 Tm
-0.05 Tc
(\(1\))Tj
8 0 0 8 404.148 335.3892 Tm
3.181 Tc
[(12)625(1)]TJ
ET
q
465.5 330.889 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
469.5 343.889 m
469.5 318.889 l
S
Q
q
0.2 i
470.5 330.889 20 11 re
W n
BT
8 0 0 8 487.148 335.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 511.148 335.3892 Tm
2.556 Tc
(311)Tj
ET
q
212.5 308.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 324.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 313.8892 Tm
0 0 0 0 k
-0.015 Tc
(Calendar Year Performance \(%\))Tj
/F2 1 Tf
8 0 0 8 449.092 299.8892 Tm
0 0 0 1 k
-0.025 Tc
[(2016)-1449(2017)-1449(2018)-1449(2019)-1449(2020)]TJ
ET
0.132 0.08 0.028 0 k
212.5 295.389 230 -13 re
f
BT
8 0 0 8 217.5 286.8892 Tm
0 0 0 1 k
(Class P Shares \(Acc.\))Tj
ET
q
442.5 282.389 25 13 re
W n
0.132 0.08 0.028 0 k
442.5 295.389 25 -13 re
f
Q
BT
8 0 0 8 454.22 286.8892 Tm
(6.5)Tj
ET
0.132 0.08 0.028 0 k
467.5 295.389 25 -13 re
f
BT
8 0 0 8 475.868 286.8892 Tm
0 0 0 1 k
(13.0)Tj
ET
q
492.5 282.389 25 13 re
W n
0.132 0.08 0.028 0 k
492.5 295.389 25 -13 re
f
Q
BT
8 0 0 8 498.844 286.8892 Tm
(-12.7)Tj
ET
0.132 0.08 0.028 0 k
517.5 295.389 25 -13 re
f
BT
8 0 0 8 525.868 286.8892 Tm
0 0 0 1 k
(24.1)Tj
ET
q
542.5 282.389 25 13 re
W n
0.132 0.08 0.028 0 k
542.5 295.389 25 -13 re
f
Q
BT
8 0 0 8 552.196 286.8892 Tm
(-4.7)Tj
-41.837 -1.625 TD
[(MSCI Europe Index \(Net total return, unhedged, EUR\))-11765(2.6)-1671(10.2)-1418(-10.6)-1671(26.0)-1837(-3.3)]TJ
/F5 1 Tf
0 -16.7987 TD
(Please see Additional Notes. All performance and holdings data as at 31-Jan-21.)Tj
0 -1.3125 TD
0 Tc
[(Past performance does not guarantee future results, which may vary)37(.)]TJ
/F2 1 Tf
0 -1.25 TD
[(* W)18(e)0( identify two broad categories of funds to help investors think about how to construct their overall investment )]TJ
T*
[(portfolio. W)18(e)0( describe the following as)]TJ
/F5 1 Tf
14.085 0 TD
( Core)Tj
/F2 1 Tf
2.999 0 TD
(: \(A\) Equity funds with a global investment remit or those mainly focused )Tj
-17.084 -1.25 TD
(on US and European markets, given the size and transparency of these markets. \(B\) Fixed income funds with a global )Tj
T*
(investment remit or those mainly focused on US, European and UK markets and invest predominantly in investment )Tj
T*
(grade debt, including government. \(C\) Multi asset funds with a multi asset benchmark. All other funds we describe as)Tj
/F5 1 Tf
42.368 0 TD
( )Tj
-42.368 -1.25 TD
(Complements)Tj
/F2 1 Tf
6.388 0 TD
(. Both Core and Complement funds can vary in risk level and those terms are not meant to indicate the )Tj
-6.388 -1.25 TD
(risk level of the funds. There is no guarantee that these objectives will be met.)Tj
T*
(For regionally focused investment portfolios we understand that the categorisation may be different from the perspective )Tj
T*
(of different investors.)Tj
/F5 1 Tf
7.775 0 TD
( Consult your nancial adviser before investing to help determine if an investment in this )Tj
ET
q
0.2 i
217.5 24.5 350 110.5 re
W n
BT
8 0 0 8 217.5 29 Tm
(f)Tj
ET
Q
BT
8 0 0 8 219.724 29 Tm
(und and the amount of the investment would be suitable)Tj
/F2 1 Tf
22.61 0 TD
(.)Tj
ET
0 0 0 0 k
38.75 67.95 90 -36.2 re
f
0 0 0 1 k
0.2 i
83.354 58.153 m
83.331 58.153 l
82.558 54.657 l
84.171 54.657 l
h
80.092 51.62 m
82.333 59.711 l
84.564 59.711 l
86.758 51.62 l
84.978 51.62 l
84.529 53.414 l
82.221 53.414 l
81.762 51.62 l
f
88.833 53.436 m
88.822 53.177 88.833 52.931 88.911 52.752 c
89 52.574 89.168 52.484 89.482 52.484 c
89.796 52.484 90.064 52.685 90.064 53.065 c
90.064 54.264 87.287 53.995 87.287 55.799 c
87.287 57.021 88.496 57.392 89.516 57.392 c
90.592 57.392 91.566 56.875 91.477 55.654 c
89.93 55.654 l
89.93 56.047 89.887 56.283 89.773 56.383 c
89.673 56.483 89.539 56.505 89.371 56.505 c
89.024 56.505 88.833 56.283 88.833 55.901 c
88.833 55.005 91.611 55.049 91.611 53.233 c
91.611 52.246 90.805 51.51 89.492 51.51 c
88.115 51.51 87.195 51.855 87.287 53.436 c
88.833 53.436 l
f
94.087 53.436 m
94.076 53.177 94.087 52.931 94.166 52.752 c
94.254 52.574 94.425 52.484 94.737 52.484 c
95.051 52.484 95.32 52.685 95.32 53.065 c
95.32 54.264 92.54 53.995 92.54 55.799 c
92.54 57.021 93.75 57.392 94.772 57.392 c
95.846 57.392 96.821 56.875 96.733 55.654 c
95.187 55.654 l
95.187 56.047 95.142 56.283 95.026 56.383 c
94.928 56.483 94.793 56.505 94.626 56.505 c
94.277 56.505 94.087 56.283 94.087 55.901 c
94.087 55.005 96.866 55.049 96.866 53.233 c
96.866 52.246 96.059 51.51 94.748 51.51 c
93.369 51.51 92.452 51.855 92.54 53.436 c
94.087 53.436 l
f
100.777 55.084 m
100.777 55.632 100.798 56.415 100.047 56.415 c
99.32 56.415 99.331 55.564 99.331 55.084 c
h
99.331 54.197 m
99.331 53.524 99.352 52.518 100.047 52.518 c
100.607 52.518 100.719 53.055 100.719 53.524 c
102.322 53.524 l
102.3 52.909 102.099 52.405 101.718 52.058 c
101.347 51.709 100.788 51.51 100.047 51.51 c
98.008 51.51 97.74 52.752 97.74 54.523 c
97.74 56.068 97.964 57.392 100.047 57.392 c
102.175 57.392 102.412 56.013 102.355 54.197 c
99.331 54.197 l
f
103.117 57.278 m
103.757 57.278 l
103.757 58.175 l
105.336 58.881 l
105.336 57.278 l
106.154 57.278 l
106.154 56.304 l
105.336 56.304 l
105.336 53.279 l
105.336 52.851 105.324 52.574 105.84 52.574 c
105.942 52.574 106.042 52.574 106.12 52.595 c
106.12 51.62 l
105.908 51.599 105.684 51.565 105.304 51.565 c
103.935 51.565 103.757 52.47 103.757 52.819 c
103.757 56.304 l
103.117 56.304 l
103.117 57.278 l
f
80.093 40.002 m
80.093 48.092 l
82.817 48.092 l
84.083 42.59 l
84.105 42.59 l
85.449 48.092 l
88.083 48.092 l
88.083 40.002 l
86.436 40.002 l
86.436 46.242 l
86.412 46.242 l
84.856 40.002 l
83.242 40.002 l
81.763 46.242 l
81.74 46.242 l
81.74 40.002 l
f
90.704 41.761 m
90.704 41.357 90.771 40.865 91.285 40.865 c
92.217 40.865 92.071 42.118 92.071 42.735 c
91.285 42.701 90.704 42.77 90.704 41.761 c
93.618 41.054 m
93.618 40.706 93.663 40.349 93.696 40.002 c
92.227 40.002 l
92.159 40.751 l
92.137 40.751 l
91.801 40.169 91.344 39.891 90.659 39.891 c
89.561 39.891 89.157 40.706 89.157 41.693 c
89.157 43.564 90.601 43.642 92.071 43.62 c
92.071 44.057 l
92.071 44.538 92.003 44.887 91.432 44.887 c
90.884 44.887 90.838 44.472 90.838 44.023 c
89.292 44.023 l
89.292 44.707 89.504 45.144 89.874 45.401 c
90.232 45.672 90.749 45.772 91.353 45.772 c
93.359 45.772 93.618 44.91 93.618 43.877 c
93.618 41.054 l
f
96.451 45.088 m
96.474 45.088 l
96.632 45.346 96.821 45.514 97.033 45.614 c
97.26 45.727 97.516 45.772 97.807 45.772 c
98.556 45.772 99.22 45.322 99.22 44.538 c
99.22 40.002 l
97.64 40.002 l
97.64 43.9 l
97.64 44.403 97.549 44.797 97.046 44.797 c
96.541 44.797 96.451 44.403 96.451 43.9 c
96.451 40.002 l
94.871 40.002 l
94.871 45.66 l
96.451 45.66 l
96.451 45.088 l
f
101.795 41.761 m
101.795 41.357 101.862 40.865 102.379 40.865 c
103.309 40.865 103.164 42.118 103.164 42.735 c
102.379 42.701 101.795 42.77 101.795 41.761 c
104.709 41.054 m
104.709 40.706 104.754 40.349 104.789 40.002 c
103.318 40.002 l
103.253 40.751 l
103.231 40.751 l
102.896 40.169 102.436 39.891 101.753 39.891 c
100.652 39.891 100.25 40.706 100.25 41.693 c
100.25 43.564 101.695 43.642 103.164 43.62 c
103.164 44.057 l
103.164 44.538 103.097 44.887 102.525 44.887 c
101.975 44.887 101.931 44.472 101.931 44.023 c
100.386 44.023 l
100.386 44.707 100.598 45.144 100.967 45.401 c
101.326 45.672 101.841 45.772 102.446 45.772 c
104.453 45.772 104.709 44.91 104.709 43.877 c
104.709 41.054 l
f
108.061 41.054 m
108.63 41.054 108.708 41.648 108.708 42.848 c
108.708 44.091 108.653 44.797 108.072 44.797 c
107.476 44.797 107.374 44.382 107.374 42.657 c
107.374 42.129 107.296 41.054 108.061 41.054 c
110.29 45.66 m
110.29 39.765 l
110.29 39.374 110.311 37.826 108.136 37.826 c
106.959 37.826 105.953 38.131 105.919 39.509 c
107.465 39.509 l
107.465 39.274 107.499 39.072 107.599 38.938 c
107.702 38.791 107.881 38.713 108.126 38.713 c
108.519 38.713 108.708 39.082 108.708 39.655 c
108.708 40.741 l
108.687 40.741 l
108.453 40.303 108.003 40.08 107.488 40.08 c
105.751 40.08 105.83 41.67 105.83 42.949 c
105.83 44.192 105.852 45.772 107.499 45.772 c
108.061 45.772 108.54 45.525 108.765 44.997 c
108.787 44.997 l
108.787 45.66 l
110.29 45.66 l
f
114.523 43.464 m
114.523 44.012 114.546 44.797 113.795 44.797 c
113.067 44.797 113.08 43.944 113.08 43.464 c
h
113.08 42.578 m
113.08 41.904 113.101 40.898 113.795 40.898 c
114.356 40.898 114.468 41.435 114.468 41.904 c
116.071 41.904 l
116.048 41.288 115.846 40.785 115.464 40.439 c
115.095 40.091 114.535 39.891 113.795 39.891 c
111.757 39.891 111.488 41.133 111.488 42.903 c
111.488 44.45 111.713 45.772 113.795 45.772 c
115.924 45.772 116.16 44.393 116.105 42.578 c
113.08 42.578 l
f
118.85 45.088 m
118.873 45.088 l
119.186 45.593 119.612 45.772 120.205 45.772 c
120.767 45.772 121.213 45.502 121.471 45.055 c
121.842 45.546 122.29 45.772 122.938 45.772 c
123.69 45.772 124.351 45.322 124.351 44.538 c
124.351 40.002 l
122.771 40.002 l
122.771 43.9 l
122.771 44.403 122.682 44.797 122.176 44.797 c
121.674 44.797 121.584 44.403 121.584 43.9 c
121.584 40.002 l
120.039 40.002 l
120.039 43.9 l
120.039 44.403 119.948 44.797 119.444 44.797 c
118.94 44.797 118.85 44.403 118.85 43.9 c
118.85 40.002 l
117.271 40.002 l
117.271 45.66 l
118.85 45.66 l
118.85 45.088 l
f
128.441 43.464 m
128.441 44.012 128.462 44.797 127.712 44.797 c
126.983 44.797 126.994 43.944 126.994 43.464 c
h
126.994 42.578 m
126.994 41.904 127.016 40.898 127.712 40.898 c
128.272 40.898 128.384 41.435 128.384 41.904 c
129.986 41.904 l
129.965 41.288 129.762 40.785 129.381 40.439 c
129.011 40.091 128.453 39.891 127.712 39.891 c
125.673 39.891 125.405 41.133 125.405 42.903 c
125.405 44.45 125.628 45.772 127.712 45.772 c
129.84 45.772 130.076 44.393 130.02 42.578 c
126.994 42.578 l
f
132.777 45.088 m
132.798 45.088 l
132.955 45.346 133.146 45.514 133.359 45.614 c
133.582 45.727 133.842 45.772 134.131 45.772 c
134.882 45.772 135.544 45.322 135.544 44.538 c
135.544 40.002 l
133.963 40.002 l
133.963 43.9 l
133.963 44.403 133.875 44.797 133.37 44.797 c
132.867 44.797 132.777 44.403 132.777 43.9 c
132.777 40.002 l
131.197 40.002 l
131.197 45.66 l
132.777 45.66 l
132.777 45.088 l
f
q
27.594 27.518 111.827 41.827 re
W n
136.385 45.66 m
137.024 45.66 l
137.024 46.556 l
138.602 47.262 l
138.602 45.66 l
139.421 45.66 l
139.421 44.685 l
138.602 44.685 l
138.602 41.659 l
138.602 41.233 138.591 40.954 139.108 40.954 c
139.209 40.954 139.309 40.954 139.387 40.975 c
139.387 40.002 l
139.175 39.978 138.95 39.944 138.57 39.944 c
137.203 39.944 137.024 40.852 137.024 41.2 c
137.024 44.685 l
136.385 44.685 l
136.385 45.66 l
f
0.5 0.25 0 0.1 k
27.595 69.345 41.778 -41.827 re
f
Q
0 0 0 0 k
39.023 62.533 m
39.023 61.455 39.023 60.486 38.811 60.031 c
38.705 59.804 38.549 59.675 38.266 59.675 c
37.984 59.675 37.826 59.804 37.721 60.031 c
37.507 60.486 37.508 61.455 37.508 62.533 c
37.508 63.612 37.507 64.582 37.721 65.037 c
37.826 65.262 37.984 65.39 38.266 65.39 c
38.549 65.39 38.705 65.262 38.811 65.037 c
39.023 64.582 39.023 63.612 39.023 62.533 c
39.587 65.077 m
39.209 65.396 38.8 65.598 38.266 65.598 c
37.738 65.597 37.321 65.373 36.961 65.047 c
36.422 64.559 35.95 63.711 35.95 62.533 c
35.95 61.459 36.319 60.515 36.947 59.99 c
37.326 59.674 37.734 59.469 38.266 59.469 c
38.8 59.469 39.209 59.674 39.587 59.99 c
40.212 60.515 40.583 61.459 40.583 62.533 c
40.583 63.609 40.212 64.551 39.587 65.077 c
f
64.062 59.582 m
62.557 59.582 l
62.557 65.496 l
63.957 65.496 l
63.957 64.83 l
64.134 65.212 64.574 65.555 65.164 65.599 c
66.128 65.668 66.764 65.084 66.764 63.835 c
66.764 59.582 l
65.26 59.582 l
65.26 64.149 l
65.26 64.645 65.247 65.084 64.898 65.173 c
64.748 65.212 64.536 65.188 64.384 65.055 c
64.129 64.826 64.062 64.557 64.062 64.146 c
64.062 59.582 l
f
59.823 63.199 m
59.343 62.888 l
58.839 62.59 58.748 62.204 58.711 61.756 c
58.68 61.415 58.674 60.876 58.711 60.369 c
58.748 59.866 59.051 59.767 59.314 59.876 c
59.645 60.009 59.823 60.494 59.823 61.066 c
h
60.68 65.322 m
61.096 65.076 61.33 64.738 61.33 63.964 c
61.33 59.582 l
59.871 59.582 l
59.871 60.169 l
59.689 59.76 59.267 59.484 58.608 59.484 c
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57.146 62.351 57.992 62.619 58.873 63.005 c
59.731 63.381 59.823 63.434 59.823 63.757 c
59.823 64.812 l
59.823 65.211 59.591 65.388 59.157 65.363 c
58.99 65.35 58.687 65.262 58.672 65.049 c
58.649 64.758 58.933 64.707 58.974 64.295 c
59.031 63.718 58.549 63.47 58.109 63.494 c
57.818 63.51 57.439 63.683 57.403 64.183 c
57.348 64.945 58.229 65.597 59.477 65.597 c
60.027 65.597 60.39 65.498 60.68 65.322 c
f
38.785 55.336 m
38.302 55.027 l
37.801 54.73 37.712 54.343 37.672 53.896 c
37.642 53.554 37.632 53.016 37.672 52.509 c
37.707 52.006 38.01 51.908 38.279 52.02 c
38.605 52.15 38.785 52.635 38.785 53.203 c
h
39.64 57.463 m
40.057 57.216 40.291 56.875 40.291 56.102 c
40.291 51.719 l
38.835 51.719 l
38.833 52.308 l
38.65 51.9 38.227 51.623 37.569 51.623 c
37.001 51.623 36.107 51.867 36.107 53.232 c
36.107 54.49 36.95 54.756 37.835 55.144 c
38.695 55.518 38.785 55.575 38.785 55.895 c
38.785 56.952 l
38.785 57.35 38.553 57.528 38.119 57.502 c
37.949 57.489 37.65 57.4 37.632 57.188 c
37.607 56.897 37.895 56.846 37.935 56.439 c
37.992 55.857 37.509 55.611 37.072 55.633 c
36.776 55.649 36.399 55.822 36.363 56.324 c
36.308 57.086 37.19 57.737 38.438 57.737 c
38.989 57.737 39.352 57.635 39.64 57.463 c
f
56.294 59.582 m
56.294 63.835 l
56.294 65.084 55.676 65.668 54.712 65.599 c
54.051 65.55 53.653 65.143 53.499 64.743 c
53.257 65.363 52.754 65.645 52.067 65.599 c
51.475 65.555 51.071 65.212 50.891 64.83 c
50.891 65.496 l
49.527 65.496 l
49.527 59.582 l
50.998 59.582 l
50.998 64.146 l
50.998 64.557 51.07 64.836 51.32 65.055 c
51.486 65.194 51.648 65.212 51.801 65.173 c
52.145 65.084 52.16 64.645 52.16 64.149 c
52.16 59.582 l
53.648 59.582 l
53.648 64.158 l
53.648 64.569 53.706 64.83 53.969 65.055 c
54.133 65.194 54.297 65.212 54.446 65.173 c
54.791 65.084 54.809 64.645 54.809 64.149 c
54.809 59.582 l
56.294 59.582 l
f
41.444 66.715 1.522 -7.133 re
f
46.442 65.086 m
46.753 64.629 46.776 63.513 46.776 62.663 c
46.776 61.809 46.827 60.535 46.46 60.071 c
46.316 59.886 46.225 59.811 45.993 59.811 c
45.69 59.811 45.485 60.136 45.42 60.74 c
45.361 61.262 45.345 62.014 45.345 62.703 c
45.345 63.621 45.392 64.305 45.582 64.881 c
45.653 65.09 45.802 65.315 46.018 65.315 c
46.234 65.315 46.343 65.229 46.442 65.086 c
48.249 59.582 m
48.249 66.715 l
46.745 66.715 l
46.745 65.037 l
46.591 65.35 46.296 65.57 45.844 65.57 c
44.732 65.57 43.865 64.412 43.821 62.674 c
43.793 61.507 44.193 59.52 45.71 59.52 c
46.357 59.52 46.616 59.809 46.806 60.217 c
46.806 59.582 l
48.249 59.582 l
f
54.326 57.736 m
54.326 56.038 l
54.112 56.038 l
53.965 56.734 53.631 57.502 52.881 57.526 c
52.502 57.539 52.043 57.314 52.009 56.862 c
51.974 56.422 52.131 56.071 52.908 55.621 c
53.88 55.058 54.689 54.785 54.689 53.609 c
54.689 52.23 53.622 51.718 52.508 51.718 c
50.93 51.718 l
50.93 53.781 l
51.135 53.781 l
51.433 52.543 51.747 51.951 52.654 51.951 c
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S
430 642.889 m
459.708 647.065 l
461.08 637.302 457.568 627.488 450.313 620.812 c
h
430 642.889 m
f
430 642.889 m
459.708 647.065 l
461.08 637.302 457.568 627.488 450.313 620.812 c
h
430 642.889 m
S
430 642.889 m
450.313 620.812 l
442.12 613.274 430.425 610.893 419.936 614.628 c
h
430 642.889 m
f
430 642.889 m
450.313 620.812 l
442.12 613.274 430.425 610.893 419.936 614.628 c
h
430 642.889 m
S
430 642.889 m
419.936 614.628 l
410.899 617.846 403.946 625.192 401.229 634.392 c
h
430 642.889 m
f
430 642.889 m
419.936 614.628 l
410.899 617.846 403.946 625.192 401.229 634.392 c
h
430 642.889 m
S
430 642.889 m
401.229 634.392 l
400.087 638.258 399.736 642.314 400.197 646.318 c
h
430 642.889 m
f
430 642.889 m
401.229 634.392 l
400.087 638.258 399.736 642.314 400.197 646.318 c
h
430 642.889 m
S
430 642.889 m
400.197 646.318 l
400.599 649.819 401.616 653.222 403.2 656.37 c
h
430 642.889 m
f
430 642.889 m
400.197 646.318 l
400.599 649.819 401.616 653.222 403.2 656.37 c
h
430 642.889 m
S
430 642.889 m
403.2 656.37 l
404.273 658.504 405.597 660.501 407.144 662.321 c
h
430 642.889 m
f
430 642.889 m
403.2 656.37 l
404.273 658.504 405.597 660.501 407.144 662.321 c
h
430 642.889 m
S
430 642.889 m
407.144 662.321 l
408.69 664.14 410.449 665.768 412.382 667.171 c
h
430 642.889 m
f
430 642.889 m
407.144 662.321 l
408.69 664.14 410.449 665.768 412.382 667.171 c
h
430 642.889 m
S
430 642.889 m
412.382 667.171 l
414.417 668.647 416.629 669.862 418.967 670.787 c
h
430 642.889 m
f
430 642.889 m
412.382 667.171 l
414.417 668.647 416.629 669.862 418.967 670.787 c
h
430 642.889 m
S
430 642.889 m
418.967 670.787 l
419.551 671.018 420.141 671.23 420.738 671.424 c
h
430 642.889 m
f
430 642.889 m
418.967 670.787 l
419.551 671.018 420.141 671.23 420.738 671.424 c
h
430 642.889 m
S
430 642.889 m
420.738 671.424 l
423.73 672.395 426.855 672.889 430 672.889 c
h
430 642.889 m
f
430 642.889 m
420.738 671.424 l
423.73 672.395 426.855 672.889 430 672.889 c
h
430 642.889 m
S
0 0 0 0 k
445 642.889 m
445 651.173 438.284 657.889 430 657.889 c
421.716 657.889 415 651.173 415 642.889 c
415 634.605 421.716 627.889 430 627.889 c
438.284 627.889 445 634.605 445 642.889 c
f
445 642.889 m
445 651.173 438.284 657.889 430 657.889 c
421.716 657.889 415 651.173 415 642.889 c
415 634.605 421.716 627.889 430 627.889 c
438.284 627.889 445 634.605 445 642.889 c
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BT
/F5 1 Tf
6 0 0 6 468.008 676.3892 Tm
0.92 0.73 0.2 0.05 k
(22.8)Tj
ET
q
0.2 i
465 672.889 16 8 re
W n
BT
6 0 0 6 476.532 676.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 676.3892 Tm
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0.92 0.73 0.2 0.05 k
-2.832 -1.3333 TD
(15.4)Tj
ET
q
0.2 i
465 664.889 16 8 re
W n
BT
6 0 0 6 476.532 668.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 668.3893 Tm
0 0 0 1 k
(Switzerland)Tj
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0.92 0.73 0.2 0.05 k
-2.832 -1.3333 TD
(17.3)Tj
ET
q
0.2 i
465 656.889 16 8 re
W n
BT
6 0 0 6 476.532 660.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 660.3892 Tm
0 0 0 1 k
(France)Tj
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0.92 0.73 0.2 0.05 k
-2.832 -1.3333 TD
(15.0)Tj
ET
q
0.2 i
465 648.889 16 8 re
W n
BT
6 0 0 6 476.532 652.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 652.3892 Tm
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(Germany)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(6.4)Tj
ET
q
0.2 i
465 640.889 16 8 re
W n
BT
6 0 0 6 476.532 644.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 644.3893 Tm
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(Netherlands)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(5.6)Tj
ET
q
0.2 i
465 632.889 16 8 re
W n
BT
6 0 0 6 476.532 636.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 636.3892 Tm
0 0 0 1 k
(Sweden)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(3.8)Tj
ET
q
0.2 i
465 624.889 16 8 re
W n
BT
6 0 0 6 476.532 628.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 628.3892 Tm
0 0 0 1 k
(Italy)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(3.8)Tj
ET
q
0.2 i
465 616.889 16 8 re
W n
BT
6 0 0 6 476.532 620.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 620.3893 Tm
0 0 0 1 k
(Spain)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(4.0)Tj
ET
q
0.2 i
465 608.889 16 8 re
W n
BT
6 0 0 6 476.532 612.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 612.3892 Tm
0 0 0 1 k
(Denmark)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(1.0)Tj
ET
q
0.2 i
465 600.889 16 8 re
W n
BT
6 0 0 6 476.532 604.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 604.3892 Tm
0 0 0 1 k
(Norway)Tj
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0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(5.0)Tj
ET
q
0.2 i
465 592.889 16 8 re
W n
BT
6 0 0 6 476.532 596.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 596.3893 Tm
0 0 0 1 k
(Other)Tj
ET
q
212.5 566.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 582.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 571.8893 Tm
0 0 0 0 k
-0.015 Tc
(Top 10 Holdings)Tj
/F5 1 Tf
6.5 0 0 6.5 291.48 574.5892 Tm
0 Tc
(\(6\))Tj
/F2 1 Tf
8 0 0 8 217.5 557.8892 Tm
0 0 0 1 k
-0.025 Tc
[(Security)-15753(%)-2000(Geography)-5088(Activity)]TJ
ET
0.132 0.08 0.028 0 k
212.5 552.389 139 -14 re
f
BT
8 0 0 8 217.5 543.8892 Tm
0 0 0 1 k
(Roche Holding AG)Tj
ET
q
351.5 538.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 552.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 543.8892 Tm
(4.0)Tj
ET
0.132 0.08 0.028 0 k
376.5 552.389 11 -14 re
f
q
387.5 538.389 70 14 re
W n
387.5 552.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 543.8892 Tm
0 0 0 1 k
(Switzerland)Tj
ET
q
457.5 538.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 552.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 543.8892 Tm
(Health Care)Tj
-30 -1.75 TD
[(ASML Holding NV)-12036(3.8)-2000(Netherlands)-4583(Information Technology)]TJ
ET
q
212.5 510.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 524.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 515.8892 Tm
(Nestle SA)Tj
ET
q
351.5 510.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 524.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 515.8892 Tm
(3.7)Tj
ET
q
376.5 510.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 524.389 11 -14 re
f
Q
q
387.5 510.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 524.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 515.8892 Tm
(Switzerland)Tj
ET
q
457.5 510.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 524.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 515.8892 Tm
(Consumer Staples)Tj
-30 -1.75 TD
[(Rio Tinto PLC)-13765(2.)]TJ
ET
q
0.2 i
351.5 497.389 20 11 re
W n
BT
8 0 0 8 368.148 501.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 387.5 501.8892 Tm
[(UK)-7744(Materials)]TJ
ET
q
212.5 482.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 496.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 487.8892 Tm
(Schneider Electric SE)Tj
ET
q
351.5 482.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 496.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 487.8892 Tm
(2.3)Tj
ET
q
376.5 482.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 496.389 11 -14 re
f
Q
q
387.5 482.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 496.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 487.8892 Tm
(France)Tj
ET
q
457.5 482.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 496.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 487.8892 Tm
(Industrials)Tj
-30 -1.75 TD
[(Sano)-16064(2.3)-2000(France)-6512(Health Care)]TJ
ET
q
212.5 454.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 468.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 459.8892 Tm
(Allianz SE)Tj
ET
q
351.5 454.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 468.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 459.8892 Tm
(2.0)Tj
ET
q
376.5 454.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 468.389 11 -14 re
f
Q
q
387.5 454.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 468.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 459.8892 Tm
(Germany)Tj
ET
q
457.5 454.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 468.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 459.8892 Tm
(Financials)Tj
-30 -1.75 TD
[(British American Tobacco PLC)-8141(1.9)-2000(UK)-7744(Consumer Staples)]TJ
ET
q
212.5 426.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 440.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 431.8892 Tm
(Investor AB)Tj
ET
q
351.5 426.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 440.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 431.8892 Tm
(1.8)Tj
ET
q
376.5 426.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 440.389 11 -14 re
f
Q
q
387.5 426.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 440.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 431.8892 Tm
(Sweden)Tj
ET
q
457.5 426.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 440.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 431.8892 Tm
(Financials)Tj
-30 -1.75 TD
[(Anglo American PLC)-11334(1.7)-2000(UK)-7744(Materials)]TJ
/F5 1 Tf
0 -26.0487 TD
(Please see Additional Notes. All performance and holdings data as at 31-Jan-21. Past performance does not )Tj
0 -1.25 TD
(guarantee future results, which may vary. The value of investments and the income derived from investments will )Tj
ET
q
0.2 i
217.5 185 350 30.5 re
W n
BT
8 0 0 8 217.5 189.5 Tm
0 Tc
()Tj
ET
Q
BT
8 0 0 8 221.3 189.5 Tm
(uctuate and can go down as well as up. A loss of capital may occur.)Tj
/F2 1 Tf
4 0 0 4 217.5 182 Tm
0 Tc
(\(1\))Tj
8 0 0 8 221.052 179 Tm
(The Morningstar sector average gures are calculated using all open funds available in the universe at the indicated )Tj
-0.444 -1.25 TD
(time period. The number of funds in a Morningstar sector varies over time as new funds are launched and funds close. )Tj
T*
[(Source: Morningstar 2021 Morningstar)70(, Inc. All Rights Reserved.)]TJ
4 0 0 4 411.252 162 Tm
( \(2\))Tj
8 0 0 8 415.692 159 Tm
(Please note that this estimated transaction costs )Tj
-24.774 -1.25 TD
(gure has not been calculated using the prescribed methodologies required under EU regulations \(i.e. MIFID II and )Tj
T*
(PRIIPS\). Where required by law or regulation, you may receive additional estimates of transaction costs from us which )Tj
T*
(will be calculated using these prescribed methodologies. These additional estimates may differ from the estimated )Tj
T*
(transaction cost gure included here.)Tj
4 0 0 4 326.324 122 Tm
( \(3\))Tj
8 0 0 8 330.764 119 Tm
[(The ongoing charges gure is based on expenses during the previous year)70(. See )]TJ
-14.158 -1.25 TD
(details in the Key Investor Information Document.)Tj
4 0 0 4 362.324 112 Tm
( \(4\))Tj
8 0 0 8 366.764 109 Tm
(The MSCI Europe Index \(net\) is a net total return index. Net total )Tj
-18.658 -1.25 TD
[(return is a reection of return to an investor)70(, by reinvesting dividends after the deduction of withholding tax. The rate of )]TJ
T*
(withholding tax applied to the MSCI Europe Index \(net\) is consistent with the actual rate of withholding tax the Portfolio )Tj
T*
(will incur on dividends received from foreign companies.)Tj
4 0 0 4 382.3 82 Tm
( \(5\))Tj
8 0 0 8 386.74 79 Tm
(Fund returns are shown net of applicable ongoing fees within )Tj
-21.155 -1.25 TD
[(the portfolio, with dividends re-invested using the ex-dividend NA)37(V)100(.)0( These returns are for comparison of performance )]TJ
T*
(against specied index. As the investor may be liable to other fees, charges and taxes, they are not meant to provide a )Tj
T*
(measure of actual return to investors. The performance data do not take account of the commissions and costs incurred )Tj
T*
(on the issue and redemption of shares.)Tj
4 0 0 4 331.652 42 Tm
( \(6\))Tj
8 0 0 8 336.092 39 Tm
(Portfolio holdings may not represent current, future investments or all of the )Tj
-14.824 -1.25 TD
(portfolio's holdings. Future portfolio holdings may not be protable.)Tj
ET
0 0 0 0 k
38.75 67.95 90 -36.2 re
f
0 0 0 1 k
0.2 i
83.354 58.153 m
83.331 58.153 l
82.558 54.657 l
84.171 54.657 l
h
80.092 51.62 m
82.333 59.711 l
84.564 59.711 l
86.758 51.62 l
84.978 51.62 l
84.529 53.414 l
82.221 53.414 l
81.762 51.62 l
f
88.833 53.436 m
88.822 53.177 88.833 52.931 88.911 52.752 c
89 52.574 89.168 52.484 89.482 52.484 c
89.796 52.484 90.064 52.685 90.064 53.065 c
90.064 54.264 87.287 53.995 87.287 55.799 c
87.287 57.021 88.496 57.392 89.516 57.392 c
90.592 57.392 91.566 56.875 91.477 55.654 c
89.93 55.654 l
89.93 56.047 89.887 56.283 89.773 56.383 c
89.673 56.483 89.539 56.505 89.371 56.505 c
89.024 56.505 88.833 56.283 88.833 55.901 c
88.833 55.005 91.611 55.049 91.611 53.233 c
91.611 52.246 90.805 51.51 89.492 51.51 c
88.115 51.51 87.195 51.855 87.287 53.436 c
88.833 53.436 l
f
94.087 53.436 m
94.076 53.177 94.087 52.931 94.166 52.752 c
94.254 52.574 94.425 52.484 94.737 52.484 c
95.051 52.484 95.32 52.685 95.32 53.065 c
95.32 54.264 92.54 53.995 92.54 55.799 c
92.54 57.021 93.75 57.392 94.772 57.392 c
95.846 57.392 96.821 56.875 96.733 55.654 c
95.187 55.654 l
95.187 56.047 95.142 56.283 95.026 56.383 c
94.928 56.483 94.793 56.505 94.626 56.505 c
94.277 56.505 94.087 56.283 94.087 55.901 c
94.087 55.005 96.866 55.049 96.866 53.233 c
96.866 52.246 96.059 51.51 94.748 51.51 c
93.369 51.51 92.452 51.855 92.54 53.436 c
94.087 53.436 l
f
100.777 55.084 m
100.777 55.632 100.798 56.415 100.047 56.415 c
99.32 56.415 99.331 55.564 99.331 55.084 c
h
99.331 54.197 m
99.331 53.524 99.352 52.518 100.047 52.518 c
100.607 52.518 100.719 53.055 100.719 53.524 c
102.322 53.524 l
102.3 52.909 102.099 52.405 101.718 52.058 c
101.347 51.709 100.788 51.51 100.047 51.51 c
98.008 51.51 97.74 52.752 97.74 54.523 c
97.74 56.068 97.964 57.392 100.047 57.392 c
102.175 57.392 102.412 56.013 102.355 54.197 c
99.331 54.197 l
f
103.117 57.278 m
103.757 57.278 l
103.757 58.175 l
105.336 58.881 l
105.336 57.278 l
106.154 57.278 l
106.154 56.304 l
105.336 56.304 l
105.336 53.279 l
105.336 52.851 105.324 52.574 105.84 52.574 c
105.942 52.574 106.042 52.574 106.12 52.595 c
106.12 51.62 l
105.908 51.599 105.684 51.565 105.304 51.565 c
103.935 51.565 103.757 52.47 103.757 52.819 c
103.757 56.304 l
103.117 56.304 l
103.117 57.278 l
f
80.093 40.002 m
80.093 48.092 l
82.817 48.092 l
84.083 42.59 l
84.105 42.59 l
85.449 48.092 l
88.083 48.092 l
88.083 40.002 l
86.436 40.002 l
86.436 46.242 l
86.412 46.242 l
84.856 40.002 l
83.242 40.002 l
81.763 46.242 l
81.74 46.242 l
81.74 40.002 l
f
90.704 41.761 m
90.704 41.357 90.771 40.865 91.285 40.865 c
92.217 40.865 92.071 42.118 92.071 42.735 c
91.285 42.701 90.704 42.77 90.704 41.761 c
93.618 41.054 m
93.618 40.706 93.663 40.349 93.696 40.002 c
92.227 40.002 l
92.159 40.751 l
92.137 40.751 l
91.801 40.169 91.344 39.891 90.659 39.891 c
89.561 39.891 89.157 40.706 89.157 41.693 c
89.157 43.564 90.601 43.642 92.071 43.62 c
92.071 44.057 l
92.071 44.538 92.003 44.887 91.432 44.887 c
90.884 44.887 90.838 44.472 90.838 44.023 c
89.292 44.023 l
89.292 44.707 89.504 45.144 89.874 45.401 c
90.232 45.672 90.749 45.772 91.353 45.772 c
93.359 45.772 93.618 44.91 93.618 43.877 c
93.618 41.054 l
f
96.451 45.088 m
96.474 45.088 l
96.632 45.346 96.821 45.514 97.033 45.614 c
97.26 45.727 97.516 45.772 97.807 45.772 c
98.556 45.772 99.22 45.322 99.22 44.538 c
99.22 40.002 l
97.64 40.002 l
97.64 43.9 l
97.64 44.403 97.549 44.797 97.046 44.797 c
96.541 44.797 96.451 44.403 96.451 43.9 c
96.451 40.002 l
94.871 40.002 l
94.871 45.66 l
96.451 45.66 l
96.451 45.088 l
f
101.795 41.761 m
101.795 41.357 101.862 40.865 102.379 40.865 c
103.309 40.865 103.164 42.118 103.164 42.735 c
102.379 42.701 101.795 42.77 101.795 41.761 c
104.709 41.054 m
104.709 40.706 104.754 40.349 104.789 40.002 c
103.318 40.002 l
103.253 40.751 l
103.231 40.751 l
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(Counterparty risk)Tj
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( a party that the Portfolio transacts with may fail to meet its obligations which could cause losses.)Tj
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(Custodian risk)Tj
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(Derivatives risk)Tj
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50.878 0 TD
(fective. Hedging also involves )Tj
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(additional risks associated with derivatives.)Tj
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0 0 0 1 k
(Liquidity risk)Tj
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50.267 0 TD
(t the Portfolio's ability to )Tj
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(Market risk)Tj
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( the value of assets in the Portfolio is typically dictated by a number of factors, including the condence levels of the marke)Tj
49.044 0 TD
(t in which they are traded.)Tj
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0 0 0 1 k
(Model risk)Tj
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( the Investment Adviser employs sophisticated models, developed by Goldman Sachs, which select investments for the Portfolio. I)Tj
51.765 0 TD
(nvestments selected )Tj
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(using these models may perform differently than expected as a result of the design of the model, inputs into the model or other)Tj
50.322 0 TD
( factors.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Operational risk)Tj
/F1 1 Tf
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( material losses to the Portfolio may arise as a result of human error, system and/or process failures, inadequate procedures o)Tj
50.318 0 TD
(r controls.)Tj
/F5 1 Tf
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(Glossary)Tj
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567.5 291.889 l
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()Tj
/F5 1 Tf
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0 0 0 1 k
(Beta)Tj
/F1 1 Tf
8 0 0 8 53.5565 270.3892 Tm
( Measures the sensitivity of the funds returns to the comparative benchmark index return \(annualised\). The nearer to 1.00, t)Tj
49.986 0 TD
(he closer the historical uctuations )Tj
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(in the value of the fund are to the benchmark. If above 1.00, then fund uctuations have been greater than the benchmark.)Tj
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Commissions)Tj
/F1 1 Tf
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( Total amount paid to executing brokers in relation to dealing in buying and selling of investments in the Fund during year e)Tj
49.487 0 TD
(nding 30 November 2020.)Tj
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Excess returns)Tj
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( The return of the fund in excess of the benchmark/index return \(annualised\).)Tj
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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(Historical tracking error)Tj
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( Measure of the actual deviation of the funds returns from the comparative benchmark index returns \(annualised\). A higher nu)Tj
51.155 0 TD
(mber )Tj
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(means that the fund is taking greater risk against the benchmark.)Tj
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Historical Volatility of Portfolio)Tj
/F1 1 Tf
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( Illustrates the dispersion of the funds realized monthly returns around the average monthly return, indicating how volatile)Tj
49.432 0 TD
( the )Tj
-62.8333 -1.3125 TD
(funds return is over time. The higher the number the more volatile the funds returns.)Tj
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()Tj
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/F6 1 Tf
6 0 0 6 27.5 144.3892 Tm
0.53 0.32 0.11 0 k
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/F5 1 Tf
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/F1 1 Tf
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/F6 1 Tf
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0.53 0.32 0.11 0 k
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/F5 1 Tf
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/F1 1 Tf
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52.262 0 TD
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-57.2196 -1.3125 TD
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/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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52.433 0 TD
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-53.2457 -1.3125 TD
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/F6 1 Tf
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51.429 0 TD
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8 0 0 8 27.5 761.8892 Tm
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(This material is a nancial promotion and has been issued by Goldman Sachs International, authorised by the Prudential Regulati)Tj
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47.3523 0 TD
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(GSI. Goldman Sachs International accepts no liability for the misuse or inappropriate distribution of this material.)Tj
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(: This material is provided at your request for informational purposes only and does not constitute a solicitation in any juris)Tj
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(diction in which such a solicitation is )Tj
-52.1758 -1.3125 TD
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(unlawful or to any person to whom it is unlawful. It only contains selected information with regards to the fund and does not c)Tj
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(onstitute an offer to buy shares in the fund. Prior to an )Tj
-46.0203 -1.3125 TD
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46.4653 0 TD
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46.2383 0 TD
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-46.2383 -1.3125 TD
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/F5 1 Tf
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/F1 1 Tf
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(: Shares of the fund may not be registered for public distribution in a number of jurisdictions \(including but not limited to a)Tj
44.2983 0 TD
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(ny Latin American, African or Asian )Tj
-52.4438 -1.3125 TD
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(countries\). Therefore, the shares of the fund must not be marketed or offered in or to residents of any such jurisdictions unle)Tj
45.5193 0 TD
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(ss such marketing or offering is made in compliance with )Tj
-45.5193 -1.3125 TD
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/F5 1 Tf
-46.8523 -1.375 TD
0.0001 Tw
(Investment Advice and Potential Loss)Tj
/F1 1 Tf
14.04 0 TD
(: Financial advisers generally suggest a diversied portfolio of investments. The fund described herein does not represent a di)Tj
46.1273 0 TD
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(versied )Tj
-60.1673 -1.3125 TD
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(investment by itself. This material must not be construed as investment or tax advice. Prospective investors should consult the)Tj
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(ir nancial and tax adviser before investing in order to )Tj
-46.3503 -1.3125 TD
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/F5 1 Tf
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(An investor should only invest if he/she has the necessary nancial resources to bear a complete loss of this investment.)Tj
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(Swing Pricing)Tj
/F1 1 Tf
5.3728 0 TD
(: Please note that the fund operates a swing pricing policy. Investors should be aware that from time to time this may result i)Tj
45.4633 0 TD
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(t)Tj
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(o the reference benchmark based solely on the effect of swing pricing rather than price developments of underlying instruments.)Tj
-0.2467 -1.375 TD
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(Fees are generally billed and payable at the end of each quarter and are based on average month-end market values during the qu)Tj
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(Additional information is provided in our Form ADV Part-2 which is available at http://www.adviserinfo.sec.gov/IAPD/Content/Sea)Tj
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(The relevant articles of association, prospectus, supplement and key investor information document \(KIID\) and latest annual/sem)Tj
48.1373 0 TD
(i-annual report \(as applicable\) are available free of )Tj
-48.1373 -1.3125 TD
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0 -1.375 TD
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(Austria)Tj
/F1 1 Tf
2.7253 0 TD
0.0001 Tw
(: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Wien, Austria.)Tj
/F5 1 Tf
-2.7253 -1.375 TD
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(Belgium)Tj
/F1 1 Tf
3.1702 0 TD
0.0001 Tw
(: RBC Investor Services, Place Rogier II, 1210 Brussels, Belgium.)Tj
/F5 1 Tf
-3.1702 -1.375 TD
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(Denmark)Tj
/F1 1 Tf
3.4473 0 TD
0.0001 Tw
(: Stockrate Asset Management, Mollevej 9 E2, DK-2990 Niva, Denmark.)Tj
/F5 1 Tf
-3.4473 -1.375 TD
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(France)Tj
/F1 1 Tf
2.5895 0 TD
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(: RBC Investor Services Bank France, 105, rue Raumur, 75002 Paris, France.)Tj
/F5 1 Tf
-2.5895 -1.375 TD
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(Germany)Tj
/F1 1 Tf
3.3912 0 TD
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Munich, Germany.)Tj
/F5 1 Tf
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(Greece)Tj
/F1 1 Tf
2.7565 0 TD
(: Piraeus Bank S.A., 4 Amerikis Street, 10564 Athens, Greece.)Tj
/F5 1 Tf
-2.7565 -1.375 TD
(Ireland)Tj
/F1 1 Tf
2.6702 0 TD
0.0001 Tw
(: RBC Investor Services Ireland Limited, George's Quay House, 43 Townsend Street, Dublin 2, Ireland.)Tj
/F5 1 Tf
-2.6702 -1.375 TD
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(Italy)Tj
/F1 1 Tf
1.6217 0 TD
0.0001 Tw
(: Socit Gnrale Securities Services, Maciachini Center MAC 2, Via Benigno Crespi, 19/A, 20159 Milan, Italy; AllFunds Bank )Tj
46.8493 0 TD
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(S.A. Filiale di Milano, Via Santa Margherita 7, 20121 )Tj
-48.471 -1.3125 TD
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(Milan, Italy; RBC Investor Services Bank Milan- Milan Branch, Cia Vittor Pisani, 26, 20154 Milan, Italy; State Street Bank S.pA)Tj
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(lla Bl., Italy.)Tj
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(Luxembourg)Tj
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(: State Street Bank International GmbH, Luxembourg Branch, 49, avenue J.F. Kennedy, L-1855 Luxembourg.)Tj
/F5 1 Tf
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(Sweden)Tj
/F1 1 Tf
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(: Skandinaviska Enskilda Banken AB, through its entity Global Transaction Services, SEB Merchant Banking, Sergels Torg 2, ST MH)Tj
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(1, SE-106 40 Stockholm, Sweden.)Tj
/F5 1 Tf
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(: Swiss Representative of the fund is First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. Paying Agent of the fu)Tj
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(Claridenstrasse 25, 8022 Zurich. The Key Investor Information Document \(KIID\) as well as the annual and semi-annual reports of )Tj
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(the fund may be obtained free of charge at the Swiss )Tj
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(Australia)Tj
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(: This material is distributed in Australia and New Zealand by Goldman Sachs Asset Management Australia Pty Ltd ABN 41 006 099 )Tj
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/F5 1 Tf
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(Netherlands)Tj
/F1 1 Tf
4.6562 0 TD
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(: The fund is included in the register kept by the Stichting Autoriteit Financile Markten.)Tj
/F5 1 Tf
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(Singapore)Tj
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/F5 1 Tf
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/F1 1 Tf
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(: The fund is a foreign UCITS registered with the CNMV registry with number 141 \(SICAV\), 913 \(SICAV II\), 305 \(PLC\). A full desc)Tj
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(documentation is available free of charge from any of the authorised distributors of the fund listed in the Comisin Nacional d)Tj
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(el Mercado de Valores \(CNMV\) webpage at )Tj
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(www.cnmv.es.)Tj
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