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(400)Tj
ET
232.5 552.889 m
232.5 687.889 l
S
1 0.1 0 0.28 K
1 w
342.418 552.889 m
342.418 687.889 l
S
0 0 0 0.5 K
1.5 w
511.952 619.861 m
509.118 620.034 l
506.283 616.166 l
503.54 608.232 l
500.701 609.848 l
497.958 611.807 l
495.123 607.302 l
492.288 602.461 l
489.545 600.27 l
486.71 596.787 l
483.967 590.319 l
481.136 596.791 l
478.484 601.91 l
475.65 601.582 l
472.815 599.43 l
470.072 597.351 l
467.233 595.615 l
464.49 594.666 l
461.655 596.382 l
458.82 596.216 l
456.077 592.768 l
453.242 596.135 l
450.503 594.138 l
447.668 593.798 l
445.108 592.113 l
442.273 588.205 l
439.438 592.51 l
436.695 592.113 l
433.857 597.343 l
431.113 597.304 l
428.279 597.026 l
425.444 595.468 l
422.701 595.989 l
419.866 596.19 l
417.123 595.426 l
414.292 596.969 l
411.731 599.754 l
408.897 596.363 l
406.062 595.461 l
403.319 594.361 l
400.48 593.37 l
397.737 592.109 l
394.902 592.155 l
392.067 590.693 l
389.324 590.535 l
386.489 589.058 l
383.746 587.893 l
380.915 587.175 l
378.355 585.995 l
375.52 584.576 l
372.685 583.6 l
369.942 583.422 l
367.104 584.556 l
364.36 584.367 l
361.526 584.294 l
358.691 581.988 l
355.948 583.191 l
353.113 583.203 l
350.37 582.551 l
347.539 579.453 l
344.887 579.38 l
342.052 582.913 l
339.217 583.716 l
336.474 584.232 l
333.636 580.568 l
330.892 582.639 l
328.058 585.999 l
325.223 585.505 l
322.48 586.72 l
319.645 586.628 l
316.902 585.039 l
314.071 585.872 l
311.51 583.264 l
308.676 584.082 l
305.841 585.039 l
303.098 583.916 l
300.259 584.101 l
297.516 585.783 l
294.681 585.201 l
291.846 586.01 l
289.103 585.204 l
286.268 584.29 l
283.525 584.02 l
280.694 584.144 l
278.134 581.667 l
275.299 583.573 l
272.464 582.732 l
269.721 581.914 l
266.882 580.383 l
264.139 578.007 l
261.304 578.832 l
258.47 576.73 l
255.726 578.208 l
252.892 577.972 l
250.152 576.788 l
247.318 576.098 l
244.757 576.545 l
241.922 574.431 l
239.088 573.625 l
236.344 573.135 l
233.506 573.328 l
232.5 572.175 l
S
1 0.84 0.31 0.17 K
[4 2 ]0 d
511.952 640.74 m
509.118 640.878 l
506.283 635.664 l
503.54 626.156 l
500.701 628.462 l
497.958 631.737 l
495.123 624.574 l
492.288 618.302 l
489.545 614.202 l
486.71 609.682 l
483.967 601.285 l
481.136 609.153 l
478.484 614.827 l
475.65 613.901 l
472.815 611.163 l
470.072 608.802 l
467.233 606.453 l
464.49 606.025 l
461.655 607.005 l
458.82 606.257 l
456.077 601.547 l
453.242 605.659 l
450.503 602.862 l
447.668 601.304 l
445.108 599.248 l
442.273 594.103 l
439.438 598.604 l
436.695 597.864 l
433.857 604.494 l
431.113 604.571 l
428.279 603.001 l
425.444 601.401 l
422.701 601.632 l
419.866 600.328 l
417.123 599.9 l
414.292 601.343 l
411.731 603.723 l
408.897 599.457 l
406.062 598.492 l
403.319 597.154 l
400.48 595.387 l
397.737 594.512 l
394.902 593.771 l
392.067 592.02 l
389.324 592.186 l
386.489 590.269 l
383.746 588.861 l
380.915 587.877 l
378.355 586.215 l
375.52 584.259 l
372.685 583.692 l
369.942 583.993 l
367.104 585.474 l
364.36 585.008 l
361.526 585.189 l
358.691 582.871 l
355.948 583.145 l
353.113 583.044 l
350.37 582.323 l
347.539 578.964 l
344.887 579.276 l
342.052 582.207 l
339.217 583.098 l
336.474 583.511 l
333.636 579.882 l
330.892 581.621 l
328.058 585.154 l
325.223 584.711 l
322.48 585.941 l
319.645 586.01 l
316.902 584.533 l
314.071 585.336 l
311.51 582.605 l
308.676 583.384 l
305.841 584.364 l
303.098 583.53 l
300.259 583.179 l
297.516 584.842 l
294.681 583.735 l
291.846 584.348 l
289.103 583.411 l
286.268 582.373 l
283.525 581.914 l
280.694 581.702 l
278.134 579.484 l
275.299 581.397 l
272.464 580.583 l
269.721 579.928 l
266.882 578.138 l
264.139 575.951 l
261.304 576.854 l
258.47 574.879 l
255.726 576.121 l
252.892 576.237 l
250.152 575.052 l
247.318 574.308 l
244.757 574.316 l
241.922 572.522 l
239.088 571.658 l
236.344 571.18 l
233.506 571.431 l
232.5 572.175 l
S
1 0.43 0 0.65 K
[]0 d
511.952 659.964 m
509.118 656.261 l
506.283 649.858 l
503.54 635.509 l
500.701 634.969 l
497.958 637.476 l
495.123 631.344 l
492.288 622.974 l
489.545 617.381 l
486.71 610.901 l
483.967 602.415 l
481.136 607.275 l
478.484 613.639 l
475.65 612.212 l
472.815 609.821 l
470.072 607.468 l
467.233 605.076 l
464.49 604.922 l
461.655 605.732 l
458.82 604.498 l
456.077 601.065 l
453.242 605.693 l
450.503 601.451 l
447.668 599.561 l
445.108 596.745 l
442.273 591.268 l
439.438 595.858 l
436.695 595.858 l
433.857 602.376 l
431.113 602.415 l
428.279 601.026 l
425.444 600.872 l
422.701 598.288 l
419.866 596.244 l
417.123 595.472 l
414.292 597.902 l
411.731 598.635 l
408.897 594.701 l
406.062 594.122 l
403.319 593.351 l
400.48 592.811 l
397.737 592.772 l
394.902 592.734 l
392.067 590.998 l
389.324 591.036 l
386.489 589.262 l
383.746 587.449 l
380.915 586.022 l
378.355 583.361 l
375.52 581.702 l
372.685 581.625 l
369.942 581.934 l
367.104 583.091 l
364.36 582.782 l
361.526 582.589 l
358.691 579.774 l
355.948 581.085 l
353.113 579.542 l
350.37 579.774 l
347.539 576.456 l
344.887 577.266 l
342.052 582.512 l
339.217 583.014 l
336.474 583.322 l
333.636 580.044 l
330.892 582.898 l
328.058 586.871 l
325.223 585.752 l
322.48 586.948 l
319.645 585.521 l
316.902 583.785 l
314.071 584.479 l
311.51 582.203 l
308.676 583.399 l
305.841 584.094 l
303.098 582.859 l
300.259 582.358 l
297.516 583.746 l
294.681 583.168 l
291.846 583.785 l
289.103 583.669 l
286.268 582.705 l
283.525 582.859 l
280.694 583.052 l
278.134 580.159 l
275.299 582.281 l
272.464 581.124 l
269.721 580.583 l
266.882 579.041 l
264.139 576.572 l
261.304 576.842 l
258.47 574.875 l
255.726 576.379 l
252.892 575.762 l
250.152 575.376 l
247.318 574.682 l
244.757 574.759 l
241.922 572.715 l
239.088 571.943 l
236.344 571.018 l
233.506 571.442 l
232.5 572.175 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 Global )Tj
0 -1.25 TD
(Millennials Equity Portfolio )Tj
T*
(Class I Shares \(Acc.\))Tj
/F2 1 Tf
4 0 0 4 299.956 509.9892 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 ACWI Growth )Tj
ET
q
0.2 i
350.5 512.389 97 20.5 re
W n
BT
8 0 0 8 412.436 526.8892 Tm
0 Tc
(\()Tj
ET
Q
BT
8 0 0 8 414.46 526.8892 Tm
(Net Total )Tj
-7.995 -1.25 TD
(Return, Unhedged, USD\))Tj
/F2 1 Tf
4 0 0 4 423.876 519.9892 Tm
-0.05 Tc
(\(6\))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 Global Large-Cap )Tj
T*
(Growth Equity)Tj
/F2 1 Tf
4 0 0 4 503.78 519.9892 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)-9389(Annualised)]TJ
/F2 1 Tf
-6.419 -1.625 TD
[(Since Launch)-1709(1 Mth)-1345(3 Mths)-2325(YTD)]TJ
ET
q
477.5 393.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 406.389 m
481.5 381.389 l
S
Q
BT
8 0 0 8 491.748 397.8893 Tm
(1 Y)Tj
ET
q
0.2 i
482.5 393.389 20 11 re
W n
BT
8 0 0 8 500.476 397.8893 Tm
0 Tc
(r)Tj
ET
Q
BT
8 0 0 8 518.836 397.8893 Tm
[(3 Yrs)-2042(5 Yrs)]TJ
ET
q
212.5 380.389 130 13 re
W n
0.132 0.08 0.028 0 k
212.5 393.389 130 -13 re
f
Q
BT
8 0 0 8 217.5 384.8892 Tm
(Class I Shares \(Acc.\))Tj
4 0 0 4 271.948 388.3892 Tm
-0.05 Tc
(\(5\))Tj
ET
q
342.5 380.389 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 393.389 45 -13 re
f
Q
BT
8 0 0 8 364.164 384.8892 Tm
-0.025 Tc
(227.60)Tj
ET
q
387.5 380.389 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 393.389 30 -13 re
f
Q
BT
8 0 0 8 400.868 384.8892 Tm
(3.02)Tj
ET
q
417.5 380.389 30 13 re
W n
0.132 0.08 0.028 0 k
417.5 393.389 30 -13 re
f
Q
BT
8 0 0 8 427.516 384.8892 Tm
(24.00)Tj
ET
q
447.5 380.389 30 13 re
W n
0.132 0.08 0.028 0 k
447.5 393.389 30 -13 re
f
Q
BT
8 0 0 8 460.868 384.8892 Tm
(3.02)Tj
ET
q
477.5 380.389 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 393.389 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 393.389 m
481.5 368.389 l
S
Q
q
482.5 380.389 25 13 re
W n
0.132 0.08 0.028 0 k
482.5 393.389 25 -13 re
f
Q
BT
8 0 0 8 487.516 384.8892 Tm
(57.68)Tj
ET
q
507.5 380.389 30 13 re
W n
0.132 0.08 0.028 0 k
507.5 393.389 30 -13 re
f
Q
BT
8 0 0 8 517.516 384.8892 Tm
(24.76)Tj
ET
q
537.5 380.389 30 13 re
W n
0.132 0.08 0.028 0 k
537.5 393.389 30 -13 re
f
Q
BT
8 0 0 8 547.516 384.8892 Tm
(23.65)Tj
-41.252 -1.625 TD
(MSCI ACWI Growth \(Net Total Return, )Tj
0 -1.3125 TD
(Unhedged, USD\))Tj
4 0 0 4 262.236 364.8892 Tm
-0.05 Tc
(\(6\))Tj
8 0 0 8 364.164 371.8892 Tm
-0.025 Tc
[(177.76)-1902(\(0.13\))-1877(15.76)-1902(\(0.13\))]TJ
ET
q
477.5 356.889 5 23.5 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 380.389 m
481.5 355.389 l
S
Q
BT
8 0 0 8 487.516 371.8892 Tm
[(31.80)-1877(15.16)-1877(18.57)]TJ
ET
0.132 0.08 0.028 0 k
212.5 356.889 130 -13 re
f
BT
8 0 0 8 217.5 348.3892 Tm
0 0 0 1 k
(Morningstar Global Large-Cap Growth Equity)Tj
4 0 0 4 338.828 351.8892 Tm
-0.05 Tc
(\(1\))Tj
ET
q
342.5 343.889 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 356.889 45 -13 re
f
Q
q
387.5 343.889 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 356.889 30 -13 re
f
Q
BT
8 0 0 8 397.716 348.3892 Tm
-0.025 Tc
(\(0.20\))Tj
ET
0.132 0.08 0.028 0 k
417.5 356.889 30 -13 re
f
BT
8 0 0 8 427.516 348.3892 Tm
0 0 0 1 k
(15.66)Tj
ET
0.132 0.08 0.028 0 k
447.5 356.889 30 -13 re
f
BT
8 0 0 8 457.716 348.3892 Tm
0 0 0 1 k
(\(0.20\))Tj
ET
q
477.5 343.889 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 356.889 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 356.889 m
481.5 331.889 l
S
Q
0.132 0.08 0.028 0 k
482.5 356.889 25 -13 re
f
BT
8 0 0 8 487.516 348.3892 Tm
0 0 0 1 k
(27.02)Tj
ET
0.132 0.08 0.028 0 k
507.5 356.889 30 -13 re
f
BT
8 0 0 8 517.516 348.3892 Tm
0 0 0 1 k
(11.63)Tj
ET
0.132 0.08 0.028 0 k
537.5 356.889 30 -13 re
f
BT
8 0 0 8 547.516 348.3892 Tm
0 0 0 1 k
(15.50)Tj
-41.252 -1.625 TD
(Quartile Position in Sector)Tj
4 0 0 4 287.62 338.8892 Tm
-0.05 Tc
(\(1\))Tj
8 0 0 8 409.148 335.3892 Tm
3.306 Tc
(111)Tj
ET
q
477.5 330.889 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 343.889 m
481.5 318.889 l
S
Q
BT
8 0 0 8 499.148 335.3892 Tm
(111)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 I 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 8 452.196 286.8892 Tm
(-1.7)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
(27.0)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 8 502.196 286.8892 Tm
(-5.6)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
(36.3)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 8 550.868 286.8892 Tm
(56.0)Tj
-41.671 -1.625 TD
[(MSCI ACWI Growth \(Net Total Return, Unhedged, USD\))-10791(4.2)-1671(30.0)-1837(-8.1)-1671(32.7)-1671(33.6)]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
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(\(Acc.\))Tj
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[(USD)-2502(32.76)]TJ
ET
q
0.6 i
27.5 661.389 115 13 re
W n
0.132 0.08 0.028 0 k
27.5 674.389 115 -13 re
f
Q
BT
8 0 0 8 32.5 665.8892 Tm
(Total Net Assets \(m\))Tj
ET
q
0.6 i
142.5 661.389 20 13 re
W n
0.132 0.08 0.028 0 k
142.5 674.389 20 -13 re
f
Q
BT
8 0 0 8 145.204 665.8892 Tm
(USD)Tj
ET
q
0.6 i
162.5 661.389 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 674.389 35 -13 re
f
Q
BT
8 0 0 8 177.516 665.8892 Tm
(1,71)Tj
ET
q
162.5 661.389 30 11 re
W n
BT
8 0 0 8 189.148 665.8892 Tm
0 Tc
(4)Tj
ET
Q
1 0.84 0.31 0.17 k
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f
BT
/F4 1 Tf
10 0 0 10 31.5 644.3892 Tm
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-0.025 Tc
[(Currency - Class I Shares \(Acc.\))-8044(USD)]TJ
ET
0.132 0.08 0.028 0 k
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f
BT
8 0 0 8 32.5 617.3892 Tm
0 0 0 1 k
(Inception Date - Class I Shares \(Acc.\))Tj
ET
0.132 0.08 0.028 0 k
147.5 625.889 50 -13 re
f
BT
8 0 0 8 164.54 617.3892 Tm
0 0 0 1 k
(19-Sep-12)Tj
-16.505 -1.625 TD
[(Fund Domicile)-11079(Luxembourg)]TJ
ET
1 0.84 0.31 0.17 k
27.5 593.889 170 -16.5 re
f
BT
/F4 1 Tf
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[(ISIN - Class I Shares \(Acc.\))-6007(LU0786609700)]TJ
ET
0.132 0.08 0.028 0 k
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f
BT
8 0 0 8 32.5 552.8892 Tm
0 0 0 1 k
(Bloomberg Ticker - Class I Shares \(Acc.\))Tj
ET
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f
BT
8 0 0 8 159.828 552.8892 Tm
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(GSGELDI L)Tj
ET
q
142.5 548.389 50 11 re
W n
BT
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(X)Tj
ET
Q
BT
8 0 0 8 32.5 539.8892 Tm
[(Dividend Distribution Frequency)-7437(None)]TJ
ET
q
0.6 i
27.5 522.389 115 13 re
W n
0.132 0.08 0.028 0 k
27.5 535.389 115 -13 re
f
Q
BT
8 0 0 8 32.5 526.8892 Tm
(Dealing and valuation)Tj
ET
q
0.6 i
142.5 522.389 55 13 re
W n
0.132 0.08 0.028 0 k
142.5 535.389 55 -13 re
f
Q
BT
8 0 0 8 178.836 526.8892 Tm
(Dail)Tj
ET
q
142.5 522.389 50 11 re
W n
BT
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0 Tc
(y)Tj
ET
Q
BT
8 0 0 8 32.5 513.8892 Tm
[(Reporting year end)-9065(30 Novembe)]TJ
ET
q
142.5 509.389 50 11 re
W n
BT
8 0 0 8 190.476 513.8892 Tm
0 Tc
(r)Tj
ET
Q
q
0.6 i
27.5 485.889 50 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 509.389 50 -23.5 re
f
Q
BT
8 0 0 8 32.5 500.8892 Tm
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(Benchmark)Tj
ET
q
0.6 i
77.5 485.889 120 23.5 re
W n
0.132 0.08 0.028 0 k
77.5 509.389 120 -23.5 re
f
Q
BT
8 0 0 8 88.42 500.8892 Tm
(MSCI ACWI Growth \(Net Total Return, )Tj
7.418 -1.3125 TD
(Unhedged, USD\))Tj
-14.408 -1.625 TD
[(Settlement)-14600(T + 3)]TJ
ET
q
0.6 i
212.5 697.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 714.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
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-0.015 Tc
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ET
q
0.6 i
397.5 697.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
397.5 714.389 170 -16.5 re
f
Q
BT
10 0 0 10 401.5 703.3892 Tm
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ET
q
254 683.889 18 8 re
W n
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0 J 0 j 0.5 w 10 M []0 d
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254.5 691.889 m
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269.281 688.483 m
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S
Q
1 0.43 0 0.65 k
/GS2 gs
0.6 i
252.5 652.889 m
252.5 682.889 l
269.069 682.889 282.5 669.458 282.5 652.889 c
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h
252.5 652.889 m
f
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h
252.5 652.889 m
S
252.5 652.889 m
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h
252.5 652.889 m
f
252.5 652.889 m
278.226 637.456 l
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h
252.5 652.889 m
S
252.5 652.889 m
237.391 626.971 l
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h
252.5 652.889 m
f
252.5 652.889 m
237.391 626.971 l
227.587 632.687 221.847 643.446 222.559 654.773 c
h
252.5 652.889 m
S
252.5 652.889 m
222.559 654.773 l
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h
252.5 652.889 m
f
252.5 652.889 m
222.559 654.773 l
222.777 658.23 223.591 661.624 224.967 664.804 c
h
252.5 652.889 m
S
252.5 652.889 m
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h
252.5 652.889 m
f
252.5 652.889 m
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h
252.5 652.889 m
S
252.5 652.889 m
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h
252.5 652.889 m
f
252.5 652.889 m
230.375 673.149 l
231.946 674.866 233.713 676.393 235.638 677.702 c
h
252.5 652.889 m
S
252.5 652.889 m
235.638 677.702 l
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h
252.5 652.889 m
f
252.5 652.889 m
235.638 677.702 l
236.729 678.443 237.869 679.113 239.049 679.704 c
h
252.5 652.889 m
S
252.5 652.889 m
239.048 679.704 l
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h
252.5 652.889 m
f
252.5 652.889 m
239.049 679.704 l
239.835 680.099 240.638 680.459 241.456 680.783 c
h
252.5 652.889 m
S
252.5 652.889 m
241.456 680.783 l
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h
252.5 652.889 m
f
252.5 652.889 m
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h
252.5 652.889 m
S
252.5 652.889 m
243.589 681.535 l
246.474 682.433 249.478 682.889 252.5 682.889 c
h
252.5 652.889 m
f
252.5 652.889 m
243.589 681.535 l
246.474 682.433 249.478 682.889 252.5 682.889 c
h
252.5 652.889 m
S
0 0 0 0 k
267.5 652.889 m
267.5 661.173 260.784 667.889 252.5 667.889 c
244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
f
267.5 652.889 m
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244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 687.3892 Tm
1 0.43 0 0.65 k
-0.0333 Tc
(33.6)Tj
ET
q
0.2 i
287.5 683.889 16 8 re
W n
BT
6 0 0 6 299.032 687.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 687.3892 Tm
0 0 0 1 k
(Communication Services)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.832 -1.5 TD
(24.8)Tj
ET
q
0.2 i
287.5 674.889 16 8 re
W n
BT
6 0 0 6 299.032 678.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 678.3892 Tm
0 0 0 1 k
(Consumer Discretionary)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.832 -1.5 TD
(17.6)Tj
ET
q
0.2 i
287.5 665.889 16 8 re
W n
BT
6 0 0 6 299.032 669.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 669.3892 Tm
0 0 0 1 k
(Information Technology)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.4213 -1.5 TD
(5.5)Tj
ET
q
0.2 i
287.5 656.889 16 8 re
W n
BT
6 0 0 6 299.032 660.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 660.3892 Tm
0 0 0 1 k
(Utilities)Tj
/F5 1 Tf
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-2.4213 -1.5 TD
(5.3)Tj
ET
q
0.2 i
287.5 647.889 16 8 re
W n
BT
6 0 0 6 299.032 651.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 651.3892 Tm
0 0 0 1 k
(Health Care)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.4213 -1.5 TD
(3.7)Tj
ET
q
0.2 i
287.5 638.889 16 8 re
W n
BT
6 0 0 6 299.032 642.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 642.3892 Tm
0 0 0 1 k
(Materials)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.4213 -1.5 TD
(2.1)Tj
ET
q
0.2 i
287.5 629.889 16 8 re
W n
BT
6 0 0 6 299.032 633.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 633.3892 Tm
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(Real Estate)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.4213 -1.5 TD
(1.4)Tj
ET
q
0.2 i
287.5 620.889 16 8 re
W n
BT
6 0 0 6 299.032 624.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 624.3892 Tm
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(Consumer Staples)Tj
/F5 1 Tf
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-2.4213 -1.5 TD
(1.2)Tj
ET
q
0.2 i
287.5 611.889 16 8 re
W n
BT
6 0 0 6 299.032 615.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 615.3892 Tm
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(Industrials)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 602.889 16 8 re
W n
BT
6 0 0 6 299.032 606.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
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(Energy)Tj
/F5 1 Tf
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-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 593.889 16 8 re
W n
BT
6 0 0 6 299.032 597.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
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(Financials)Tj
/F5 1 Tf
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-2.4213 -1.5 TD
(4.8)Tj
ET
q
0.2 i
287.5 584.889 16 8 re
W n
BT
6 0 0 6 299.032 588.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 588.3892 Tm
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(Cash and cash equivalents)Tj
ET
q
0.2 i
439 677.889 18 8 re
W n
0 0 0 1 K
0.5 w
/GS2 gs
455.846 679.91 m
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439.5 680.272 l
454.281 682.483 m
456.19 679.895 l
453.035 678.594 l
S
Q
1 0.43 0 0.65 k
/GS2 gs
437.5 646.889 m
437.5 676.889 l
454.069 676.889 467.5 663.458 467.5 646.889 c
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h
437.5 646.889 m
f
/GS1 gs
437.5 646.889 m
437.5 676.889 l
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h
437.5 646.889 m
S
437.5 646.889 m
420.327 622.291 l
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h
437.5 646.889 m
f
437.5 646.889 m
420.327 622.291 l
408.227 630.738 404.067 646.73 410.518 660.003 c
h
437.5 646.889 m
S
437.5 646.889 m
410.518 660.003 l
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h
437.5 646.889 m
f
437.5 646.889 m
410.518 660.003 l
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h
437.5 646.889 m
S
437.5 646.889 m
428.589 675.535 l
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h
437.5 646.889 m
f
437.5 646.889 m
428.589 675.535 l
431.474 676.433 434.478 676.889 437.5 676.889 c
h
437.5 646.889 m
S
0 0 0 0 k
452.5 646.889 m
452.5 655.173 445.784 661.889 437.5 661.889 c
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f
452.5 646.889 m
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429.216 661.889 422.5 655.173 422.5 646.889 c
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445.784 631.889 452.5 638.605 452.5 646.889 c
S
BT
/F5 1 Tf
6 0 0 6 475.508 681.3892 Tm
1 0.43 0 0.65 k
(59.7)Tj
ET
q
0.2 i
472.5 677.889 16 8 re
W n
BT
6 0 0 6 484.032 681.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 492.5 681.3892 Tm
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(North America)Tj
/F5 1 Tf
1 0.43 0 0.65 k
-2.832 -1.5 TD
(22.5)Tj
ET
q
0.2 i
472.5 668.889 16 8 re
W n
BT
6 0 0 6 484.032 672.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 492.5 672.3892 Tm
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(Asia/Pacic Ex Japan)Tj
/F5 1 Tf
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-2.832 -1.5 TD
(13.0)Tj
ET
q
0.2 i
472.5 659.889 16 8 re
W n
BT
6 0 0 6 484.032 663.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 492.5 663.3892 Tm
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(Europe)Tj
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-2.4213 -1.5 TD
(4.8)Tj
ET
q
0.2 i
472.5 650.889 16 8 re
W n
BT
6 0 0 6 484.032 654.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 492.5 654.3892 Tm
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(Cash and cash equivalents)Tj
ET
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212.5 566.889 355 -16.5 re
f
BT
/F4 1 Tf
10 0 0 10 216.5 555.8892 Tm
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(Top 10 Holdings)Tj
/F5 1 Tf
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(\(7\))Tj
/F2 1 Tf
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[(Security)-15753(%)-2000(Geography)-5088(Activity)]TJ
ET
q
212.5 522.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 536.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 527.8892 Tm
(Amazon.com Inc)Tj
ET
q
351.5 522.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 536.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 527.8892 Tm
(5.9)Tj
ET
q
376.5 522.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 536.389 11 -14 re
f
Q
q
387.5 522.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 536.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 527.8892 Tm
(United States)Tj
ET
q
457.5 522.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 536.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 527.8892 Tm
(Retailing)Tj
-30 -1.75 TD
[(Alphabet Inc)-13962(4.6)-2000(United States)-4132(Media & Entertainment)]TJ
ET
0.132 0.08 0.028 0 k
212.5 508.389 139 -14 re
f
BT
8 0 0 8 217.5 499.8892 Tm
0 0 0 1 k
(Tencent Holdings Ltd)Tj
ET
q
351.5 494.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 508.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 499.8892 Tm
(3.)Tj
ET
q
0.2 i
351.5 495.389 20 11 re
W n
BT
8 0 0 8 368.148 499.8892 Tm
0 Tc
(4)Tj
ET
Q
0.132 0.08 0.028 0 k
376.5 508.389 11 -14 re
f
q
387.5 494.389 70 14 re
W n
387.5 508.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 499.8892 Tm
0 0 0 1 k
(China)Tj
ET
q
457.5 494.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 508.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 499.8892 Tm
(Media & Entertainment)Tj
-30 -1.75 TD
[(Facebook Inc)-13851(3.3)-2000(United States)-4132(Media & Entertainment)]TJ
ET
q
212.5 466.389 139 14 re
W n
0.132 0.08 0.028 0 k
212.5 480.389 139 -14 re
f
Q
BT
8 0 0 8 217.5 471.8892 Tm
(NextEra Energy Inc)Tj
ET
q
351.5 466.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 480.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 471.8892 Tm
(3.2)Tj
ET
q
376.5 466.389 11 14 re
W n
0.132 0.08 0.028 0 k
376.5 480.389 11 -14 re
f
Q
q
387.5 466.389 70 14 re
W n
0.132 0.08 0.028 0 k
387.5 480.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 471.8892 Tm
(United States)Tj
ET
q
457.5 466.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 480.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 471.8892 Tm
(Utilities)Tj
-30 -1.75 TD
[(Walt Disney Co)-12956(3.1)-2000(United States)-4132(Media & Entertainment)]TJ
ET
0.132 0.08 0.028 0 k
212.5 452.389 139 -14 re
f
BT
8 0 0 8 217.5 443.8892 Tm
0 0 0 1 k
(MercadoLibre Inc)Tj
ET
q
351.5 438.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 452.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 443.8892 Tm
(3.0)Tj
ET
0.132 0.08 0.028 0 k
376.5 452.389 11 -14 re
f
q
387.5 438.389 70 14 re
W n
387.5 452.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 443.8892 Tm
0 0 0 1 k
(United States)Tj
ET
q
457.5 438.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 452.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 443.8892 Tm
(Retailing)Tj
-30 -1.75 TD
[(Snap Inc)-15306(2.9)-2000(United States)-4132(Media & Entertainment)]TJ
ET
0.132 0.08 0.028 0 k
212.5 424.389 139 -14 re
f
BT
8 0 0 8 217.5 415.8893 Tm
0 0 0 1 k
(Mastercard Inc)Tj
ET
q
351.5 410.389 25 14 re
W n
0.132 0.08 0.028 0 k
351.5 424.389 25 -14 re
f
Q
BT
8 0 0 8 363.22 415.8893 Tm
(2.9)Tj
ET
0.132 0.08 0.028 0 k
376.5 424.389 11 -14 re
f
q
387.5 410.389 70 14 re
W n
387.5 424.389 70 -14 re
f
Q
BT
8 0 0 8 387.5 415.8893 Tm
0 0 0 1 k
(United States)Tj
ET
q
457.5 410.389 110 14 re
W n
0.132 0.08 0.028 0 k
457.5 424.389 110 -14 re
f
Q
BT
8 0 0 8 457.5 415.8893 Tm
(Software & Services)Tj
-30 -1.75 TD
[(MediaTek Inc)-13629(2.9)-2000(Taiwan)-6235(Semiconductors & Semiconductor )]TJ
30 -1.3125 TD
(Equipment)Tj
/F5 1 Tf
-30 -18.9862 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
217.5 215 350 30.5 re
W n
BT
8 0 0 8 217.5 219.5 Tm
0 Tc
()Tj
ET
Q
BT
8 0 0 8 221.3 219.5 Tm
(uctuate and can go down as well as up. A loss of capital may occur.)Tj
/F2 1 Tf
4 0 0 4 217.5 212 Tm
0 Tc
(\(1\))Tj
8 0 0 8 221.052 209 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 4 411.252 192 Tm
( \(2\))Tj
8 0 0 8 415.692 189 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 4 326.324 152 Tm
( \(3\))Tj
8 0 0 8 330.764 149 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 4 362.324 142 Tm
( \(4\))Tj
8 0 0 8 366.764 139 Tm
(Until 3rd January 2016 the Portfolio was named Goldman Sachs )Tj
-18.658 -1.25 TD
(Global Equity Unconstrained Portfolio. On the 4th January 2016, the Portfolio changed its investment objective and )Tj
T*
[(strategy)50(, and as a result the Portfolio)90(s name changed to Goldman Sachs Global Millennials Equity Portfolio.)]TJ
4 0 0 4 530.4281 122 Tm
( \(5\))Tj
8 0 0 8 534.868 119 Tm
(Fund )Tj
-39.671 -1.25 TD
(returns are shown net of applicable ongoing fees within the portfolio, with dividends re-invested using the ex-dividend )Tj
T*
[(NA)37(V)100(.)0( These returns are for comparison of performance against specied index. As the investor may be liable to other )]TJ
T*
(fees, charges and taxes, they are not meant to provide a measure of actual return to investors. The performance data do )Tj
T*
(not take account of the commissions and costs incurred on the issue and redemption of shares.)Tj
4 0 0 4 493.8041 82 Tm
( \(6\))Tj
8 0 0 8 498.2441 79 Tm
(Effective May 31, )Tj
-35.093 -1.25 TD
[(2016, the Portfolio)90(s reference benchmark changed from MSCI W)18(orld Index \(Net\) to MSCI All Country W)18(orld Growth )]TJ
T*
[(Index \(T)74(otal Return Net\). The MSCI All Country W)18(orld Growth Index \(T)74(otal Return Net\) is quoted at month-end with )]TJ
T*
(income reinvested and, in contrast to the Portfolio, shown without the deduction of any expenses.)Tj
4 0 0 4 501.7881 52 Tm
( \(7\))Tj
8 0 0 8 506.2281 49 Tm
(Portfolio holdings )Tj
-36.091 -1.25 TD
(may not represent current, future investments or all of the portfolio's holdings. Future portfolio holdings may not be )Tj
T*
(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
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
58.04 59.484 57.146 59.729 57.146 61.092 c
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
53.199 51.951 53.582 52.328 53.582 52.932 c
53.582 53.485 53.207 53.856 52.383 54.345 c
51.479 54.88 50.869 55.224 50.869 56.087 c
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/F1 1 Tf
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52.266 0 TD
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50.878 0 TD
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49.044 0 TD
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/F1 1 Tf
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49.986 0 TD
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-51.993 -1.3125 TD
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(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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/F5 1 Tf
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/F1 1 Tf
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( The return of the fund in excess of the benchmark/index return \(annualised\).)Tj
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/F5 1 Tf
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49.432 0 TD
( the )Tj
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(funds return is over time. The higher the number the more volatile the funds returns.)Tj
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50.54 0 TD
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/F1 1 Tf
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( Fees deduced from the Funds assets incurred as part of the Funds operations, including, where applicable, costs incurred b)Tj
50.652 0 TD
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(Other Costs)Tj
/F1 1 Tf
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( Total amount of costs incurred by the Fund outside Commissions during year ending 30 November 2020. These may include, but n)Tj
52.262 0 TD
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-57.2196 -1.3125 TD
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/F5 1 Tf
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(2)Tj
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52.433 0 TD
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(Transactions costs)Tj
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51.429 0 TD
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/F5 1 Tf
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8 0 0 8 27.5 761.8892 Tm
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-0.0313 Tc
0.0001 Tw
(This material is a nancial promotion and has been issued by Goldman Sachs International, authorised by the Prudential Regulati)Tj
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-47.4093 -1.3125 TD
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0 -1.375 TD
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47.3523 0 TD
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-47.3523 -1.3125 TD
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(independence of nancial analysis and is not subject to a prohibition on trading following the distribution of nancial researc)Tj
45.7983 0 TD
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-45.7983 -1.375 TD
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46.4633 0 TD
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(in whole or in part without the prior written consent of )Tj
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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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/F1 1 Tf
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0.0001 Tw
(: This material is provided at your request for informational purposes only and does not constitute a solicitation in any juris)Tj
44.6833 0 TD
0 Tw
(diction in which such a solicitation is )Tj
-52.1758 -1.3125 TD
0.0001 Tw
(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
46.0203 0 TD
0 Tw
(onstitute an offer to buy shares in the fund. Prior to an )Tj
-46.0203 -1.3125 TD
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(investment, prospective investors should carefully read the latest Key Investor Information Document \(KIID\) as well as the offe)Tj
46.4653 0 TD
(ring documentation, including but not limited to the )Tj
-46.4653 -1.3125 TD
(funds prospectus which contains inter alia a comprehensive disclosure of applicable risks. The relevant articles of associatio)Tj
46.2383 0 TD
(n, prospectus, supplement, KIID and latest annual/semi-)Tj
-46.2383 -1.3125 TD
(annual report are available free of charge from the funds paying and information agent and/or from your nancial adviser and a)Tj
46.9643 0 TD
0 Tw
(t www.gsam.com/kiids.)Tj
/F5 1 Tf
-46.9643 -1.375 TD
(Distribution of Shares)Tj
/F1 1 Tf
8.1455 0 TD
0.0001 Tw
(: Shares of the fund may not be registered for public distribution in a number of jurisdictions \(including but not limited to a)Tj
44.2983 0 TD
0 Tw
(ny Latin American, African or Asian )Tj
-52.4438 -1.3125 TD
0.0001 Tw
(countries\). 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
0 Tw
(ss such marketing or offering is made in compliance with )Tj
-45.5193 -1.3125 TD
0.0001 Tw
(applicable exemptions for the private placement of collective investment schemes and other applicable jurisdictional rules and )Tj
46.8523 0 TD
0 Tw
(regulations.)Tj
/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
0 Tw
(versied )Tj
-60.1673 -1.3125 TD
0.0001 Tw
(investment by itself. This material must not be construed as investment or tax advice. Prospective investors should consult the)Tj
46.3503 0 TD
0 Tw
(ir nancial and tax adviser before investing in order to )Tj
-46.3503 -1.3125 TD
0.0001 Tw
(determine whether an investment would be suitable for them.)Tj
/F5 1 Tf
0 -1.375 TD
(An investor should only invest if he/she has the necessary nancial resources to bear a complete loss of this investment.)Tj
T*
(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
0 Tw
(n the fund performing differently compared )Tj
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8 0 0 8 27.5 558.8892 Tm
0 Tc
(t)Tj
ET
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8 0 0 8 29.474 558.8892 Tm
0.0001 Tw
(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
0 Tw
(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
48.0743 0 TD
(arter.)Tj
-48.0743 -1.375 TD
0.0001 Tw
(Additional information is provided in our Form ADV Part-2 which is available at http://www.adviserinfo.sec.gov/IAPD/Content/Sea)Tj
47.5213 0 TD
0 Tw
(rch/iapd_Search.aspx.)Tj
/F5 1 Tf
-47.5213 -1.375 TD
0.0001 Tw
(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
(charge from the funds paying and information agents as listed below:)Tj
0 -1.375 TD
0 Tw
(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
0 Tw
(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
0 Tw
(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
0 Tw
(France)Tj
/F1 1 Tf
2.5895 0 TD
0.0001 Tw
(: RBC Investor Services Bank France, 105, rue Raumur, 75002 Paris, France.)Tj
/F5 1 Tf
-2.5895 -1.375 TD
0 Tw
(Germany)Tj
/F1 1 Tf
3.3912 0 TD
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Munich, Germany.)Tj
/F5 1 Tf
-3.3912 -1.375 TD
(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
0 Tw
(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
0 Tw
(S.A. Filiale di Milano, Via Santa Margherita 7, 20121 )Tj
-48.471 -1.3125 TD
0.0001 Tw
(Milan, Italy; RBC Investor Services Bank Milan- Milan Branch, Cia Vittor Pisani, 26, 20154 Milan, Italy; State Street Bank S.pA)Tj
45.6843 0 TD
(., Via Col Moschin, 16 , 20136 Milan, Italy; BNP Paribas )Tj
-45.6843 -1.3125 TD
(Securities Services Succursale di Milano, Via Ansperto 5, 20121 Milan, Italy; Banca Sella, Piazza Gaudenzio Sella 1, 13900 Bie)Tj
46.4603 0 TD
0 Tw
(lla Bl., Italy.)Tj
/F5 1 Tf
-46.4603 -1.375 TD
(Luxembourg)Tj
/F1 1 Tf
4.6865 0 TD
(: State Street Bank International GmbH, Luxembourg Branch, 49, avenue J.F. Kennedy, L-1855 Luxembourg.)Tj
/F5 1 Tf
-4.6865 -1.375 TD
(Sweden)Tj
/F1 1 Tf
3.1465 0 TD
0.0001 Tw
(: 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
-51.4968 -1.375 TD
(Switzerland)Tj
/F1 1 Tf
4.5462 0 TD
0.0001 Tw
(: Swiss Representative of the fund is First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. Paying Agent of the fu)Tj
46.0733 0 TD
(nd in Switzerland is Goldman Sachs Bank AG, )Tj
-50.6195 -1.3125 TD
(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
-47.1293 -1.3125 TD
(Representative or Goldman Sachs Bank AG in Zurich.)Tj
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0.0001 Tw
(Please note in addition for:)Tj
/F5 1 Tf
T*
0 Tw
(Australia)Tj
/F1 1 Tf
3.4408 0 TD
0.0001 Tw
(: This material is distributed in Australia and New Zealand by Goldman Sachs Asset Management Australia Pty Ltd ABN 41 006 099 )Tj
48.1263 0 TD
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(681, AFSL 228948 \(GSAMA\) and is )Tj
-51.567 -1.3125 TD
0.0001 Tw
(intended for viewing only by wholesale clients in Australia for the purposes of section 761G of the Corporations Act 2001 \(Cth\))Tj
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( and to clients who either fall within any or all of the )Tj
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(categories of investors set out in section 3\(2\) or sub-section 5\(2CC\) of the Securities Act 1978 \(NZ\).)Tj
/F5 1 Tf
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(Hong Kong)Tj
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4.1077 0 TD
(: This material has been issued or approved for use in or from Hong Kong by Goldman Sachs Asset Management \(Hong Kong\) Limited.)Tj
/F5 1 Tf
-4.1077 -1.375 TD
0 Tw
(Netherlands)Tj
/F1 1 Tf
4.6562 0 TD
0.0001 Tw
(: The fund is included in the register kept by the Stichting Autoriteit Financile Markten.)Tj
/F5 1 Tf
-4.6562 -1.375 TD
0 Tw
(Singapore)Tj
/F1 1 Tf
3.8858 0 TD
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(: This material has been issued or approved for use in or from Singapore by Goldman Sachs Asset Management \(Singapore\) Pte. Ltd)Tj
48.6303 0 TD
0 Tw
(. \(Company Number: 201329851H\).)Tj
/F5 1 Tf
-52.516 -1.375 TD
(Spain)Tj
/F1 1 Tf
2.1778 0 TD
0.0001 Tw
(: 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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0 Tw
(ription and KIID for the fund and other mandatory )Tj
-48.201 -1.3125 TD
0.0001 Tw
(documentation is available free of charge from any of the authorised distributors of the fund listed in the Comisin Nacional d)Tj
45.9103 0 TD
0 Tw
(el Mercado de Valores \(CNMV\) webpage at )Tj
-45.9103 -1.3125 TD
(www.cnmv.es.)Tj
/F5 1 Tf
0 -19.8125 TD
(Condentiality)Tj
/F1 1 Tf
0 -1.375 TD
-0.025 Tc
(No part of this material may, without GSAMs prior written consent, be \(i\) copied, photocopied or duplicated in any form, by an)Tj
47.036 0 TD
(y means, or \(ii\) distributed to any person that is not an )Tj
-47.036 -1.3125 TD
(employee, ofcer, director, or authorized agent of the recipient.)Tj
0 -1.375 TD
( 2021 Goldman Sachs. All rights reserved.)Tj
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(Registered and Principal Ofces:)Tj
/F5 1 Tf
12.309 0 TD
-0.0313 Tc
( Luxembourg domiciled Funds Registered Ofce:)Tj
/F1 1 Tf
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-0.025 Tc
( c/o State Street Bank International GmbH, Luxembourg Branch, 49, Avenue J-F Kennedy L-1855, )Tj
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(Luxembourg)Tj
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0 Tc
(4)Tj
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