%PDF-1.3
%
1 0 obj
<>stream
application/pdfdataActive
Apple pstopdfVersion=1.4;GeneratorContact=am-it-camra-support@gs.com;DocumentType=MR;Language=en;ShareClass=LU0984044908;RecordDate=2019-01-31;PublicationCountry=AT,LU,SE,SG,GB,IT,NO,PT,FR,CH,GR,ES,NL,BE.RES,DE,DK,FI,IE;ModificationDate=2019-02-15;
2019-02-15T13:36:50Z2019-02-19T06:26:12-05:00
endstream
endobj
2 0 obj
<>
endobj
4 0 obj
<>
endobj
3 0 obj
<>
endobj
5 0 obj
<>
endobj
6 0 obj
<>
endobj
7 0 obj
<>
endobj
8 0 obj
<>
endobj
9 0 obj
<>
endobj
11 0 obj
<>/ProcSet[/PDF/Text]/ColorSpace<>/Font<>>>
endobj
10 0 obj
<>stream
BT
/TT2 1 Tf
12 0 0 12 0 829.8892 Tm
0 0 0 0 k
/GS1 gs
0 Tc
0 Tw
(PV100312)Tj
ET
1 0.84 0.31 0.17 k
27.5 814.389 369 -86 re
f
BT
/F1 1 Tf
19 0 0 19 33.5 793.3892 Tm
0 0 0 0 k
(Goldman Sachs Global Fixed Income Plus )Tj
0 -1.2632 TD
(Portfolio \(Hedged\))Tj
/F2 1 Tf
14 0 0 14 33.5 743.3892 Tm
0.53 0.32 0.11 0 k
-0.0071 Tc
(A sub-fund of Goldman Sachs Funds, SICAV)Tj
ET
q
0.6 i
396.5 728.389 85 86 re
W n
396.5 814.389 85 -86 re
f
Q
q
0.6 i
399.5 729.389 80 78 re
W n
399.5 807.389 80 -78 re
f
Q
0 0.97 1 0.5 k
481.5 814.389 85 -58.5 re
f
q
0.6 i
481.5 755.889 42.5 58.5 re
W n
481.5 814.389 42.5 -58.5 re
f
Q
BT
/F3 1 Tf
36 0 0 36 485.568 777.3892 Tm
0 0.485 0.5 0.25 k
-0.0222 Tc
(01)Tj
ET
0 0.97 1 0.5 k
524 814.389 42.5 -58.5 re
f
BT
36 0 0 36 524 777.3892 Tm
0 0 0 0 k
(19)Tj
ET
q
0.6 i
481.5 728.389 85 40 re
W n
0 0.97 1 0.5 k
481.5 768.389 85 -40 re
f
Q
BT
10 0 0 10 491.5 760.3892 Tm
0 Tc
[(Monthly F)55(und )]TJ
0 -1.3 TD
(Update)Tj
ET
q
0.6 i
27.5 697.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 714.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 703.3892 Tm
[(In)20(vestor P)20(role)]TJ
/F5 1 Tf
9 0 0 9 27.5 686.3893 Tm
1 0.84 0.31 0.17 k
(Investor objective)Tj
/F1 1 Tf
8 0 0 8 27.5 675.8893 Tm
0.53 0.32 0.11 0 k
(Income with some capital appreciation.)Tj
/F5 1 Tf
9 0 0 9 27.5 660.8893 Tm
1 0.84 0.31 0.17 k
(Position in your overall investment portfolio*)Tj
/F1 1 Tf
8 0 0 8 27.5 650.3893 Tm
0.53 0.32 0.11 0 k
(The fund can form a core holding in your portfolio.)Tj
/F5 1 Tf
9 0 0 9 27.5 635.3893 Tm
1 0.84 0.31 0.17 k
(The fund is designed for:)Tj
/F1 1 Tf
8 0 0 8 27.5 624.8893 Tm
0.53 0.32 0.11 0 k
(The fund is designed for investors who want )Tj
0 -1.25 TD
(exposure to a portfolio of global investment grade )Tj
T*
(bonds on a currency hedged basis. Given the )Tj
T*
(portfolio may also invest in sub-investment grade )Tj
T*
(bonds and currencies, it has the potential for higher )Tj
T*
(returns but higher risk than the GS Global Fixed )Tj
T*
(Income Portfolio and the GS Global Fixed Income )Tj
T*
(Portfolio \(Hedged\).)Tj
ET
q
0.6 i
27.5 529.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 546.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 535.3892 Tm
0 0 0 0 k
[(P)30(erformance \(%\))]TJ
/F2 1 Tf
5 0 0 5 78.98 520.8892 Tm
0 0 0 1 k
-0.06 Tc
(31-Jan-14 )Tj
ET
q
0.2 i
77.5 512.389 19 12.5 re
W n
BT
5 0 0 5 95.41 520.8892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 96.5 520.8892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
77.5 512.389 19 12.5 re
W n
BT
5 0 0 5 94.58 514.8892 Tm
0 Tc
(5)Tj
ET
Q
BT
5 0 0 5 102.98 520.8892 Tm
(31-Jan-15 )Tj
ET
q
0.2 i
101.5 512.389 19 12.5 re
W n
BT
5 0 0 5 119.41 520.8892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 120.5 520.8892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
101.5 512.389 19 12.5 re
W n
BT
5 0 0 5 118.58 514.8892 Tm
0 Tc
(6)Tj
ET
Q
BT
5 0 0 5 126.98 520.8892 Tm
(31-Jan-16 )Tj
ET
q
0.2 i
125.5 512.389 19 12.5 re
W n
BT
5 0 0 5 143.41 520.8892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 144.5 520.8892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
125.5 512.389 19 12.5 re
W n
BT
5 0 0 5 142.58 514.8892 Tm
0 Tc
(7)Tj
ET
Q
BT
5 0 0 5 150.98 520.8892 Tm
(31-Jan-17 )Tj
ET
q
0.2 i
149.5 512.389 19 12.5 re
W n
BT
5 0 0 5 167.41 520.8892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 168.5 520.8892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
149.5 512.389 19 12.5 re
W n
BT
5 0 0 5 166.58 514.8892 Tm
0 Tc
(8)Tj
ET
Q
BT
5 0 0 5 174.98 520.8892 Tm
(31-Jan-18 )Tj
ET
q
0.2 i
173.5 512.389 19 12.5 re
W n
BT
5 0 0 5 191.41 520.8892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 192.5 520.8892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
173.5 512.389 19 12.5 re
W n
BT
5 0 0 5 190.58 514.8892 Tm
0 Tc
(9)Tj
ET
Q
q
0.6 i
27.5 499.389 50 13 re
W n
0.132 0.08 0.028 0 k
27.5 512.389 50 -13 re
f
Q
BT
8 0 0 8 32.5 503.8892 Tm
-0.025 Tc
(Fund \(JPY\))Tj
ET
q
0.6 i
77.5 499.389 24 13 re
W n
0.132 0.08 0.028 0 k
77.5 512.389 24 -13 re
f
Q
BT
8 0 0 8 88.22 503.8892 Tm
(5.3)Tj
ET
q
0.6 i
101.5 499.389 24 13 re
W n
0.132 0.08 0.028 0 k
101.5 512.389 24 -13 re
f
Q
BT
8 0 0 8 112.22 503.8892 Tm
(1.0)Tj
ET
q
0.6 i
125.5 499.389 24 13 re
W n
0.132 0.08 0.028 0 k
125.5 512.389 24 -13 re
f
Q
BT
8 0 0 8 136.22 503.8892 Tm
(1.2)Tj
ET
q
0.6 i
149.5 499.389 24 13 re
W n
0.132 0.08 0.028 0 k
149.5 512.389 24 -13 re
f
Q
BT
8 0 0 8 160.22 503.8892 Tm
(1.0)Tj
ET
q
0.6 i
173.5 499.389 24 13 re
W n
0.132 0.08 0.028 0 k
173.5 512.389 24 -13 re
f
Q
BT
8 0 0 8 182.196 503.8892 Tm
(-0.)Tj
ET
q
0.2 i
173.5 499.389 19 11 re
W n
BT
8 0 0 8 189.148 503.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 32.5 490.8892 Tm
[(Index)-5147(7.7)-1965(0.1)-1965(0.3)-1965(1.0)-1965(0.8)]TJ
ET
q
0.6 i
27.5 463.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 480.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 469.3892 Tm
0 0 0 0 k
0 Tc
[(F)20(und Data)]TJ
/F2 1 Tf
8 0 0 8 32.5 452.3892 Tm
0 0 0 1 k
-0.025 Tc
[(No. of holdings)-13622(626)]TJ
ET
q
0.6 i
27.5 434.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 447.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 439.3892 Tm
(% in top 10)Tj
ET
q
0.6 i
162.5 434.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 447.889 35 -13 re
f
Q
BT
8 0 0 8 185.796 439.3892 Tm
(23)Tj
-19.162 -1.625 TD
[(Historical Volatility Portfolio - 3 yr)-7278(2.39)]TJ
ET
q
0.6 i
27.5 408.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 421.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 413.3892 Tm
(Historical Tracking Error - 3 yr)Tj
ET
q
0.6 i
162.5 408.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 421.889 35 -13 re
f
Q
BT
8 0 0 8 180.868 413.3892 Tm
(1.40)Tj
-18.546 -1.625 TD
[(Excess Returns - 3 yr)-11320(-0.09)]TJ
ET
0.132 0.08 0.028 0 k
27.5 395.889 135 -13 re
f
BT
8 0 0 8 32.5 387.3892 Tm
0 0 0 1 k
0 Tc
(R)Tj
ET
q
0.2 i
32.5 382.889 130 11 re
W n
BT
5 0 0 5 36.3 390.3892 Tm
(2)Tj
ET
Q
BT
8 0 0 8 38.32 387.3892 Tm
-0.025 Tc
( - 3 yr)Tj
ET
0.132 0.08 0.028 0 k
162.5 395.889 35 -13 re
f
BT
8 0 0 8 180.868 387.3892 Tm
0 0 0 1 k
(0.68)Tj
-18.546 -1.625 TD
[(Beta - 3 yr)-15100(0.86)]TJ
ET
q
0.6 i
27.5 356.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 369.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 361.3892 Tm
(Swing Pricing \(%\))Tj
ET
q
0.6 i
162.5 356.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 369.889 35 -13 re
f
Q
BT
8 0 0 8 40.5 348.3892 Tm
[(Subscription \(%\))-12004(0.13)]TJ
ET
0.132 0.08 0.028 0 k
27.5 343.889 135 -13 re
f
BT
8 0 0 8 40.5 335.3892 Tm
0 0 0 1 k
(Redemption \(%\))Tj
ET
0.132 0.08 0.028 0 k
162.5 343.889 35 -13 re
f
BT
8 0 0 8 180.868 335.3892 Tm
0 0 0 1 k
(0.13)Tj
ET
q
0.6 i
27.5 311.189 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 324.189 135 -13 re
f
Q
BT
8 0 0 8 32.5 315.6892 Tm
(Initial Sales Charge: up to \(%\))Tj
ET
q
0.6 i
162.5 311.189 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 324.189 35 -13 re
f
Q
BT
8 0 0 8 180.868 315.6892 Tm
(0.00)Tj
-18.546 -1.625 TD
[(Performance Fee Rate \(%\))-9790(N/)]TJ
ET
q
0.2 i
162.5 298.189 30 11 re
W n
BT
8 0 0 8 188.252 302.6892 Tm
0 Tc
(A)Tj
ET
Q
0.132 0.08 0.028 0 k
27.5 298.189 135 -13 re
f
BT
8 0 0 8 32.5 289.6892 Tm
0 0 0 1 k
(Ongoing Charges \(%\))Tj
4 0 0 4 89.556 293.1892 Tm
-0.05 Tc
(\(1\))Tj
ET
0.132 0.08 0.028 0 k
162.5 298.189 35 -13 re
f
BT
8 0 0 8 180.868 289.6892 Tm
0 0 0 1 k
-0.025 Tc
(0.62)Tj
-17.546 -1.625 TD
[(Management Fee \(%\))-10222(0.50)]TJ
ET
q
0.6 i
27.5 259.189 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 272.189 135 -13 re
f
Q
BT
8 0 0 8 40.5 263.6892 Tm
(Distribution Fee \(%\))Tj
ET
q
0.6 i
162.5 259.189 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 272.189 35 -13 re
f
Q
BT
8 0 0 8 180.868 263.6892 Tm
(0.00)Tj
-17.546 -1.625 TD
[(Other Expenses \(%\))-10943(0.12)]TJ
ET
q
0.6 i
212.5 697.889 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 714.389 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 703.3892 Tm
0 0 0 0 k
0 Tc
[(P)30(erformance \(Indexed\))]TJ
ET
0.132 0.08 0.028 0 k
232.5 687.889 335 -135 re
f
BT
/F1 1 Tf
7 0 0 7 225.311 542.8892 Tm
/Cs7 cs 0 scn
[(10/13)-13898.4(10/15)-13909.3(10/17)-13887.5(10/19)]TJ
ET
0 0 0 1 K
0 J 0 j 0.5 w 10 M []0 d
0.6 i
232.5 552.889 m
232.5 549.889 l
288.372 552.889 m
288.372 549.889 l
S
0 0 0 0 K
288.372 552.889 m
288.372 687.889 l
S
0 0 0 1 K
344.167 552.889 m
344.167 549.889 l
S
0 0 0 0 K
344.167 552.889 m
344.167 687.889 l
S
0 0 0 1 K
400.115 552.889 m
400.115 549.889 l
S
0 0 0 0 K
400.115 552.889 m
400.115 687.889 l
S
0 0 0 1 K
455.91 552.889 m
455.91 549.889 l
S
0 0 0 0 K
455.91 552.889 m
455.91 687.889 l
S
0 0 0 1 K
511.705 552.889 m
511.705 549.889 l
S
0 0 0 0 K
511.705 552.889 m
511.705 687.889 l
S
0 0 0 1 K
567.5 552.889 m
567.5 549.889 l
S
0 0 0 0 K
567.5 552.889 m
567.5 687.889 l
S
0 0 0 1 K
232.5 552.889 m
567.5 552.889 l
232.5 552.889 m
229.5 552.889 l
S
BT
7 0 0 7 221.284 551.8892 Tm
(90)Tj
ET
232.5 575.389 m
229.5 575.389 l
S
0 0 0 0 K
232.5 575.389 m
567.5 575.389 l
S
BT
7 0 0 7 221.284 574.3892 Tm
(95)Tj
ET
0 0 0 1 K
232.5 597.889 m
229.5 597.889 l
S
0 0 0 0 K
232.5 597.889 m
567.5 597.889 l
S
BT
7 0 0 7 218.176 596.8892 Tm
(100)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
(105)Tj
ET
0 0 0 1 K
232.5 642.889 m
229.5 642.889 l
S
0 0 0 0 K
232.5 642.889 m
567.5 642.889 l
S
BT
7 0 0 7 218.176 641.8892 Tm
(110)Tj
ET
0 0 0 1 K
232.5 665.389 m
229.5 665.389 l
S
0 0 0 0 K
232.5 665.389 m
567.5 665.389 l
S
BT
7 0 0 7 218.176 664.3892 Tm
(115)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
(120)Tj
ET
232.5 552.889 m
232.5 687.889 l
S
1 0.84 0.31 0.17 K
1.5 w [4 2 ]0 d
525.692 646.534 m
520.953 642.529 l
516.214 637.309 l
511.628 635.959 l
506.883 637.984 l
502.297 640.999 l
497.559 640.549 l
492.82 641.449 l
488.234 641.584 l
483.495 640.774 l
478.909 643.654 l
474.177 640.684 l
469.897 642.484 l
465.158 646.669 l
460.419 646.489 l
455.833 646.399 l
451.088 645.049 l
446.502 648.154 l
441.764 644.329 l
437.025 643.384 l
432.439 645.544 l
427.7 643.204 l
423.114 640.504 l
418.382 641.404 l
414.102 637.579 l
409.363 640.189 l
404.624 639.829 l
400.038 649.369 l
395.293 655.129 l
390.707 655.894 l
385.968 656.704 l
381.23 654.184 l
376.644 645.949 l
371.905 644.149 l
367.319 643.789 l
362.587 640.279 l
358.154 636.139 l
353.415 629.344 l
348.676 631.234 l
344.09 631.144 l
339.345 629.749 l
334.759 627.184 l
330.02 628.579 l
325.282 623.989 l
320.696 630.064 l
315.957 632.314 l
311.371 635.239 l
306.639 632.674 l
302.359 635.779 l
297.62 627.139 l
292.881 624.934 l
288.295 620.389 l
283.55 617.014 l
278.964 618.634 l
274.225 612.964 l
269.487 612.064 l
264.901 610.579 l
260.162 606.304 l
255.576 603.244 l
250.844 602.839 l
246.563 600.679 l
241.825 594.514 l
237.086 597.169 l
232.5 597.889 l
S
0 0.97 1 0.5 K
[]0 d
525.692 642.034 m
520.953 633.484 l
516.214 630.199 l
511.628 629.209 l
506.883 632.404 l
502.297 633.664 l
497.559 637.534 l
492.82 636.454 l
488.234 638.929 l
483.495 639.649 l
478.909 642.214 l
474.177 640.729 l
469.897 643.744 l
465.158 645.679 l
460.419 645.184 l
455.833 645.769 l
451.088 644.914 l
446.502 649.594 l
441.764 645.319 l
437.025 646.174 l
432.439 647.209 l
427.7 643.924 l
423.114 642.934 l
418.382 643.969 l
414.102 638.794 l
409.363 641.404 l
404.624 640.189 l
400.038 648.559 l
395.293 653.959 l
390.707 653.779 l
385.968 651.709 l
381.23 646.444 l
376.644 642.664 l
371.905 640.054 l
367.319 639.604 l
362.587 633.484 l
358.154 633.034 l
353.415 628.084 l
348.676 632.494 l
344.09 630.739 l
339.345 627.184 l
334.759 626.194 l
330.02 625.474 l
325.282 620.299 l
320.696 626.689 l
315.957 627.499 l
311.371 629.614 l
306.639 629.299 l
302.359 628.309 l
297.62 624.529 l
292.881 622.774 l
288.295 620.524 l
283.55 622.549 l
278.964 621.379 l
274.225 619.309 l
269.487 616.879 l
264.901 615.304 l
260.162 610.399 l
255.576 609.094 l
250.844 605.989 l
246.563 603.919 l
241.825 598.024 l
237.086 596.674 l
232.5 597.889 l
S
q
226.5 507.389 8 25.5 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 Fixed Income Plus Portfolio )Tj
0 -1.25 TD
(\(Hedged\) - Class I Shares \(Acc.\) \(JPY-Hedged\))Tj
/F2 1 Tf
4 0 0 4 376.932 519.9892 Tm
-0.05 Tc
(\(3\))Tj
ET
q
394 507.389 4 25.5 re
W n
1 0.84 0.31 0.17 K
3 w
394 532.889 m
398 532.889 l
S
Q
q
400 507.389 4 25.5 re
W n
1 0.84 0.31 0.17 K
3 w
400 532.889 m
404 532.889 l
S
Q
BT
/F1 1 Tf
8 0 0 8 407 526.8892 Tm
-0.025 Tc
(Bloomberg Barclays Global Aggregate Bond Index)Tj
T*
(\(Yen Hedged\) \(Daily\))Tj
/F2 1 Tf
4 0 0 4 468.328 519.9892 Tm
-0.05 Tc
(\(2\))Tj
8 0 0 8 212.5 501.3892 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
212.5 432.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 448.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 437.8892 Tm
0 0 0 0 k
[(P)30(erformance Summary \(%\))]TJ
/F5 1 Tf
8 0 0 8 398.052 420.8892 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
477.5 403.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 416.389 m
481.5 391.389 l
S
Q
BT
8 0 0 8 491.748 407.8892 Tm
(1 Y)Tj
ET
q
0.2 i
482.5 403.389 20 11 re
W n
BT
8 0 0 8 500.476 407.8892 Tm
0 Tc
(r)Tj
ET
Q
BT
8 0 0 8 518.836 407.8892 Tm
[(3 Yrs)-2042(5 Yrs)]TJ
ET
0.132 0.08 0.028 0 k
212.5 403.389 130 -13 re
f
BT
8 0 0 8 217.5 394.8893 Tm
0 0 0 1 k
(Class I Shares \(Acc.\) \(JPY-Hedged\))Tj
4 0 0 4 310.212 398.3892 Tm
-0.05 Tc
(\(3\))Tj
ET
q
342.5 390.389 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 403.389 45 -13 re
f
Q
BT
8 0 0 8 370.868 394.8893 Tm
-0.025 Tc
(9.81)Tj
ET
q
387.5 390.389 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 403.389 30 -13 re
f
Q
BT
8 0 0 8 400.868 394.8893 Tm
(1.76)Tj
ET
0.132 0.08 0.028 0 k
417.5 403.389 30 -13 re
f
BT
8 0 0 8 430.868 394.8893 Tm
0 0 0 1 k
(2.66)Tj
ET
0.132 0.08 0.028 0 k
447.5 403.389 30 -13 re
f
BT
8 0 0 8 460.868 394.8893 Tm
0 0 0 1 k
(1.76)Tj
ET
q
477.5 390.389 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 403.389 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 403.389 m
481.5 378.389 l
S
Q
0.132 0.08 0.028 0 k
482.5 403.389 25 -13 re
f
BT
8 0 0 8 487.716 394.8893 Tm
0 0 0 1 k
(\(0.35\))Tj
ET
0.132 0.08 0.028 0 k
507.5 403.389 30 -13 re
f
BT
8 0 0 8 520.868 394.8893 Tm
0 0 0 1 k
(0.61)Tj
ET
0.132 0.08 0.028 0 k
537.5 403.389 30 -13 re
f
BT
8 0 0 8 550.868 394.8893 Tm
0 0 0 1 k
(1.62)Tj
-41.671 -1.625 TD
(Bloomberg Barclays Global Aggregate Bond )Tj
0 -1.3125 TD
(Index\(Yen Hedged\) \(Daily\))Tj
4 0 0 4 286.676 374.8892 Tm
-0.05 Tc
(\(2\))Tj
8 0 0 8 367.516 381.8892 Tm
-0.025 Tc
[(10.81)-2296(0.81)-2296(2.17)-2296(0.81)]TJ
ET
q
477.5 366.889 5 23.5 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 390.389 m
481.5 365.389 l
S
Q
BT
8 0 0 8 490.868 381.8892 Tm
[(0.82)-2296(0.71)-2296(1.95)]TJ
ET
q
212.5 344.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 360.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 349.8892 Tm
0 0 0 0 k
0 Tc
[(Calendar )180(Y)95(ear P)30(erformance \(%\))]TJ
/F2 1 Tf
8 0 0 8 449.092 335.8892 Tm
0 0 0 1 k
-0.025 Tc
(201)Tj
ET
q
0.2 i
442.5 331.389 20 11 re
W n
BT
8 0 0 8 459.148 335.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 474.092 335.8892 Tm
[(2015)-1449(2016)-1449(2017)-1449(2018)]TJ
ET
0.132 0.08 0.028 0 k
212.5 331.389 230 -13 re
f
BT
8 0 0 8 217.5 322.8892 Tm
0 0 0 1 k
(Class I Shares \(Acc.\) \(JPY-Hedged\))Tj
ET
q
442.5 318.389 25 13 re
W n
0.132 0.08 0.028 0 k
442.5 331.389 25 -13 re
f
Q
BT
8 0 0 8 454.22 322.8892 Tm
(5.9)Tj
ET
0.132 0.08 0.028 0 k
467.5 331.389 25 -13 re
f
BT
8 0 0 8 479.22 322.8892 Tm
0 0 0 1 k
(0.7)Tj
ET
q
492.5 318.389 25 13 re
W n
0.132 0.08 0.028 0 k
492.5 331.389 25 -13 re
f
Q
BT
8 0 0 8 504.22 322.8892 Tm
(2.8)Tj
ET
0.132 0.08 0.028 0 k
517.5 331.389 25 -13 re
f
BT
8 0 0 8 529.22 322.8892 Tm
0 0 0 1 k
(0.9)Tj
ET
q
542.5 318.389 25 13 re
W n
0.132 0.08 0.028 0 k
542.5 331.389 25 -13 re
f
Q
BT
8 0 0 8 552.196 322.8892 Tm
(-2.5)Tj
-41.837 -1.625 TD
[(Bloomberg Barclays Global Aggregate Bond Index\(Yen Hedged\) \(Daily\))-5976(7.3)-2090(0.5)-2090(2.2)-2090(1.3)-1837(-0.8)]TJ
/F5 1 Tf
0 -21.2987 TD
(Please see Additional Notes. All performance and holdings data as at 31-Jan-19.)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
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
50.869 56.98 51.543 57.737 52.738 57.737 c
53.137 57.737 54.326 57.736 y
f
49.92 51.719 m
48.417 51.719 l
48.417 56.287 l
48.417 56.785 48.402 57.223 48.06 57.312 c
47.908 57.351 47.692 57.326 47.546 57.194 c
47.289 56.965 47.222 56.697 47.222 56.285 c
47.222 51.719 l
45.717 51.719 l
45.717 53.412 l
45.496 52.623 44.818 51.614 43.679 51.614 c
42.745 51.614 41.15 52.054 41.15 54.612 c
41.15 56.99 42.721 57.727 43.552 57.737 c
44.196 57.741 44.614 57.536 44.901 57.116 c
45.131 56.78 45.16 56.211 44.849 55.863 c
44.481 55.455 43.649 55.522 43.482 56.08 c
43.332 56.584 43.643 56.887 43.847 57.127 c
43.966 57.273 43.949 57.527 43.533 57.527 c
42.982 57.527 42.842 56.893 42.784 56.397 c
42.645 55.129 42.656 53.953 42.788 53.064 c
42.876 52.455 43.045 51.888 43.826 51.878 c
44.829 51.865 45.663 53.275 45.718 54.56 c
45.718 58.855 l
47.223 58.855 l
47.223 57.151 l
47.441 57.451 47.828 57.703 48.325 57.738 c
49.287 57.806 49.92 57.223 49.92 55.975 c
49.92 51.719 l
f
35.059 66.838 m
35.059 64.569 l
34.834 64.569 l
34.58 65.631 34.042 66.61 33.162 66.62 c
32.621 66.628 32.299 66.367 32.05 65.917 c
31.782 65.432 31.646 64.261 31.646 62.976 c
31.646 61.786 31.699 60.834 31.85 60.198 c
31.926 59.882 32.124 59.4 32.7 59.4 c
33.01 59.4 33.217 59.511 33.371 59.668 c
33.605 59.908 33.645 60.428 33.645 60.797 c
33.645 62.067 l
33.645 62.496 33.483 62.764 33.277 62.89 c
33.106 62.996 32.844 63.006 32.693 63.015 c
32.693 63.227 l
35.146 63.227 l
35.146 57.146 l
34.901 57.146 l
34.803 57.669 34.701 58.005 34.454 58.432 c
34.249 58.783 33.789 59.222 33.155 59.222 c
32.451 59.222 31.92 58.796 31.92 58.095 c
31.92 57.239 32.431 57.021 33.414 56.483 c
34.319 55.99 35.52 55.584 35.52 54.062 c
35.52 52.627 34.384 51.719 32.935 51.719 c
30.493 51.719 l
30.493 54.527 l
30.738 54.527 l
31.121 52.204 32.263 51.947 32.911 51.956 c
33.786 51.966 34.065 52.624 34.036 53.371 c
34.005 54.157 33.377 54.501 32.403 55.052 c
31.121 55.772 30.466 56.13 30.496 57.322 c
30.518 58.324 31.338 58.991 32.292 59.244 c
30.348 59.477 29.792 61.192 29.809 63.027 c
29.827 64.852 30.922 66.838 33.047 66.838 c
35.059 66.838 l
f
BT
/F1 1 Tf
8 0 0 8 219.276 14.5 Tm
0.53 0.32 0.11 0 k
(1)Tj
ET
endstream
endobj
13 0 obj
<>/ProcSet[/PDF/Text]/ColorSpace<>/Font<>>>
endobj
12 0 obj
<>stream
1 0.84 0.31 0.17 k
/GS1 gs
27.5 814.389 369 -86 re
f
BT
/F1 1 Tf
19 0 0 19 33.5 793.3892 Tm
0 0 0 0 k
0 Tc
0 Tw
(Goldman Sachs Global Fixed Income Plus )Tj
0 -1.2632 TD
(Portfolio \(Hedged\))Tj
/F2 1 Tf
14 0 0 14 33.5 743.3892 Tm
0.53 0.32 0.11 0 k
-0.0071 Tc
(A sub-fund of Goldman Sachs Funds, SICAV)Tj
ET
q
0.6 i
396.5 728.389 85 86 re
W n
396.5 814.389 85 -86 re
f
Q
q
0.6 i
399.5 729.389 80 78 re
W n
399.5 807.389 80 -78 re
f
Q
0 0.97 1 0.5 k
481.5 814.389 85 -58.5 re
f
q
0.6 i
481.5 755.889 42.5 58.5 re
W n
481.5 814.389 42.5 -58.5 re
f
Q
BT
/F3 1 Tf
36 0 0 36 485.568 777.3892 Tm
0 0.485 0.5 0.25 k
-0.0222 Tc
(01)Tj
ET
0 0.97 1 0.5 k
524 814.389 42.5 -58.5 re
f
BT
36 0 0 36 524 777.3892 Tm
0 0 0 0 k
(19)Tj
ET
q
0.6 i
481.5 728.389 85 40 re
W n
0 0.97 1 0.5 k
481.5 768.389 85 -40 re
f
Q
BT
10 0 0 10 491.5 760.3892 Tm
0 Tc
[(Monthly F)55(und )]TJ
0 -1.3 TD
(Update)Tj
ET
q
0.6 i
27.5 697.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 714.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 703.3892 Tm
(Financial Information)Tj
/F2 1 Tf
8 0 0 8 32.5 689.3892 Tm
0 0 0 1 k
-0.025 Tc
(Net Asset Value \(NAV\) - Class I Shares )Tj
0 -1.3125 TD
(\(Acc.\) \(JPY-Hedged\))Tj
14.312 1.3125 TD
(JP)Tj
ET
q
0.2 i
142.5 684.889 15 11 re
W n
BT
8 0 0 8 153.7 689.3892 Tm
0 Tc
(Y)Tj
ET
Q
BT
8 0 0 8 169.236 689.3892 Tm
(1,098.07)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 8 146.1 665.8892 Tm
(EUR)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
(1,278)Tj
-18.127 -1.625 TD
[(Current Duration of Portfolio \(years\))-6643(6.75)]TJ
ET
0.132 0.08 0.028 0 k
27.5 648.389 115 -23.5 re
f
BT
8 0 0 8 32.5 639.8892 Tm
0 0 0 1 k
(Current Duration of Reference )Tj
0 -1.3125 TD
(Benchmark \(years\))Tj
ET
0.132 0.08 0.028 0 k
142.5 648.389 20 -23.5 re
f
162.5 648.389 35 -23.5 re
f
BT
8 0 0 8 180.868 639.8892 Tm
0 0 0 1 k
(6.87)Tj
-18.546 -2.9375 TD
[(Yield To Maturity of Portfolio \(%\))-7457(1.48)]TJ
ET
q
0.6 i
27.5 598.889 115 13 re
W n
0.132 0.08 0.028 0 k
27.5 611.889 115 -13 re
f
Q
BT
8 0 0 8 32.5 603.3893 Tm
(Yield To Worst of Portfolio \(%\))Tj
ET
q
0.6 i
142.5 598.889 20 13 re
W n
0.132 0.08 0.028 0 k
142.5 611.889 20 -13 re
f
Q
q
0.6 i
162.5 598.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 611.889 35 -13 re
f
Q
BT
8 0 0 8 180.868 603.3893 Tm
(1.47)Tj
ET
q
0.6 i
27.5 576.389 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 592.889 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 581.8892 Tm
0 0 0 0 k
0 Tc
[(F)20(und Characteristics)]TJ
/F2 1 Tf
8 0 0 8 32.5 567.8892 Tm
0 0 0 1 k
-0.025 Tc
(Currency - Class I Shares \(Acc.\) \(JPY-)Tj
0 -1.3125 TD
(Hedged\))Tj
18.687 1.3125 TD
(JP)Tj
ET
q
0.2 i
147.5 563.389 45 11 re
W n
BT
8 0 0 8 188.7 567.8892 Tm
0 Tc
(Y)Tj
ET
Q
q
0.6 i
27.5 529.389 120 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 552.889 120 -23.5 re
f
Q
BT
8 0 0 8 32.5 544.3892 Tm
(Inception Date - Class I Shares \(Acc.\) \(JPY-)Tj
0 -1.3125 TD
(Hedged\))Tj
ET
q
0.6 i
147.5 529.389 50 23.5 re
W n
0.132 0.08 0.028 0 k
147.5 552.889 50 -23.5 re
f
Q
BT
8 0 0 8 165.86 544.3892 Tm
(31-Oct-13)Tj
-16.67 -2.9375 TD
[(Fund Domicile)-11079(Luxembourg)]TJ
ET
q
0.6 i
27.5 493.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 510.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 499.3892 Tm
0 0 0 0 k
0 Tc
[(F)20(und F)20(acts)]TJ
/F2 1 Tf
8 0 0 8 32.5 482.3892 Tm
0 0 0 1 k
-0.025 Tc
[(ISIN - Class I Shares \(Acc.\) \(JPY-Hedged\))-1224(LU0984044908)]TJ
ET
q
0.6 i
27.5 454.389 115 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 477.889 115 -23.5 re
f
Q
BT
8 0 0 8 32.5 469.3892 Tm
(Bloomberg Ticker - Class I Shares \(Acc.\) )Tj
0 -1.3125 TD
(\(JPY-Hedged\))Tj
ET
q
0.6 i
142.5 454.389 55 23.5 re
W n
0.132 0.08 0.028 0 k
142.5 477.889 55 -23.5 re
f
Q
BT
8 0 0 8 160.724 469.3892 Tm
(GSFIJPH L)Tj
ET
q
0.2 i
142.5 464.889 50 11 re
W n
BT
8 0 0 8 188.7 469.3892 Tm
0 Tc
(X)Tj
ET
Q
BT
8 0 0 8 32.5 445.8892 Tm
[(Dividend Distribution Frequency)-7437(None)]TJ
ET
q
0.6 i
27.5 428.389 115 13 re
W n
0.132 0.08 0.028 0 k
27.5 441.389 115 -13 re
f
Q
BT
8 0 0 8 32.5 432.8892 Tm
(Dealing and valuation)Tj
ET
q
0.6 i
142.5 428.389 55 13 re
W n
0.132 0.08 0.028 0 k
142.5 441.389 55 -13 re
f
Q
BT
8 0 0 8 178.836 432.8892 Tm
(Dail)Tj
ET
q
0.2 i
142.5 428.389 50 11 re
W n
BT
8 0 0 8 189.588 432.8892 Tm
0 Tc
(y)Tj
ET
Q
BT
8 0 0 8 32.5 419.8892 Tm
[(Reporting year end)-9065(30 Novembe)]TJ
ET
q
0.2 i
142.5 415.389 50 11 re
W n
BT
8 0 0 8 190.476 419.8892 Tm
0 Tc
(r)Tj
ET
Q
0.132 0.08 0.028 0 k
27.5 415.389 50 -23.5 re
f
BT
8 0 0 8 32.5 406.8893 Tm
0 0 0 1 k
(Reference )Tj
T*
(Benchmark)Tj
ET
q
0.6 i
77.5 391.889 120 23.5 re
W n
0.132 0.08 0.028 0 k
77.5 415.389 120 -23.5 re
f
Q
BT
8 0 0 8 89.772 406.8893 Tm
(Bloomberg Barclays Global Aggregate )Tj
2.265 -1.3125 TD
(Bond Index\(Yen Hedged\) \(Daily\))Tj
-9.424 -1.625 TD
[(Settlement)-14600(T + 3)]TJ
ET
q
0.6 i
212.5 697.889 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 714.389 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 703.3892 Tm
0 0 0 0 k
0 Tc
-0.05 Tw
[(S)20(ector Allocation )-50(\(%\))]TJ
/F1 1 Tf
6 0 0 6 215.5 686.3893 Tm
0 0 0 1 k
-0.0333 Tc
0 Tw
(Goldman Sachs Global Fixed Income Plus Portfolio )Tj
ET
q
0.2 i
215.5 682.889 164 8 re
W n
BT
6 0 0 6 328.01 686.3893 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 329.478 686.3893 Tm
(Hedged)Tj
ET
q
0.2 i
215.5 682.889 164 8 re
W n
BT
6 0 0 6 346.944 686.3893 Tm
0 Tc
(\))Tj
ET
Q
BT
6 0 0 6 385 686.3893 Tm
(Bloomberg Barclays Global Aggregate Bond )Tj
ET
q
0.2 i
385 682.889 182 8 re
W n
BT
6 0 0 6 484.44 686.3893 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 485.9081 686.3893 Tm
(Total Return, Hedged, EUR)Tj
ET
q
0.2 i
385 682.889 182 8 re
W n
BT
6 0 0 6 544.2381 686.3893 Tm
0 Tc
(\))Tj
ET
Q
q
0.2 i
254 672.889 18 8 re
W n
0 0 0 1 K
0 J 0 j 0.5 w 10 M []0 d
/GS2 gs
270.846 674.91 m
262.45 678.837 254.582 678.142 y
254.5 680.889 m
254.5 675.272 l
269.281 677.483 m
271.19 674.895 l
268.035 673.594 l
S
Q
0 0.97 1 0.5 k
/GS2 gs
0.6 i
252.5 642.889 m
252.5 672.889 l
268.661 672.889 281.918 660.087 282.482 643.936 c
h
252.5 642.889 m
f
0 0 0 0 K
0 J 0 j 0.1 w 10 M []0 d
/GS1 gs
252.5 642.889 m
252.5 672.889 l
268.661 672.889 281.918 660.087 282.482 643.936 c
h
252.5 642.889 m
S
252.5 642.889 m
282.482 643.936 l
283.009 628.834 272.222 615.697 257.305 613.277 c
h
252.5 642.889 m
f
252.5 642.889 m
282.482 643.936 l
283.009 628.834 272.222 615.697 257.305 613.277 c
h
252.5 642.889 m
S
252.5 642.889 m
257.305 613.277 l
244.939 611.27 232.627 617.159 226.429 628.047 c
h
252.5 642.889 m
f
252.5 642.889 m
257.305 613.277 l
244.939 611.27 232.627 617.159 226.429 628.047 c
h
252.5 642.889 m
S
252.5 642.889 m
226.429 628.047 l
222.285 635.326 221.373 644.005 223.913 651.986 c
h
252.5 642.889 m
f
252.5 642.889 m
226.429 628.047 l
222.285 635.326 221.373 644.005 223.913 651.986 c
h
252.5 642.889 m
S
252.5 642.889 m
223.913 651.986 l
225.58 657.225 228.654 661.906 232.801 665.516 c
h
252.5 642.889 m
f
252.5 642.889 m
223.913 651.986 l
225.58 657.225 228.654 661.906 232.801 665.516 c
h
252.5 642.889 m
S
252.5 642.889 m
232.801 665.516 l
235.371 667.753 238.304 669.537 241.473 670.789 c
h
252.5 642.889 m
f
252.5 642.889 m
232.801 665.516 l
235.371 667.753 238.304 669.537 241.473 670.789 c
h
252.5 642.889 m
S
252.5 642.889 m
241.473 670.789 l
244.018 671.795 246.688 672.448 249.409 672.73 c
h
252.5 642.889 m
f
252.5 642.889 m
241.473 670.789 l
244.018 671.795 246.688 672.448 249.409 672.73 c
h
252.5 642.889 m
S
252.5 642.889 m
249.409 672.73 l
249.832 672.773 250.256 672.808 250.68 672.834 c
h
252.5 642.889 m
f
252.5 642.889 m
249.409 672.73 l
249.832 672.773 250.256 672.808 250.68 672.834 c
h
252.5 642.889 m
S
252.5 642.889 m
250.68 672.834 l
250.862 672.845 251.044 672.854 251.226 672.862 c
h
252.5 642.889 m
f
252.5 642.889 m
250.68 672.834 l
250.862 672.845 251.044 672.854 251.226 672.862 c
h
252.5 642.889 m
S
252.5 642.889 m
251.226 672.862 l
251.408 672.87 251.59 672.876 251.772 672.88 c
h
252.5 642.889 m
f
252.5 642.889 m
251.226 672.862 l
251.408 672.87 251.59 672.876 251.772 672.88 c
h
252.5 642.889 m
S
252.5 642.889 m
251.772 672.88 l
252.014 672.886 252.257 672.889 252.5 672.889 c
h
252.5 642.889 m
f
252.5 642.889 m
251.772 672.88 l
252.014 672.886 252.257 672.889 252.5 672.889 c
h
252.5 642.889 m
S
0 0 0 0 k
267.5 642.889 m
267.5 651.173 260.784 657.889 252.5 657.889 c
244.216 657.889 237.5 651.173 237.5 642.889 c
237.5 634.605 244.216 627.889 252.5 627.889 c
260.784 627.889 267.5 634.605 267.5 642.889 c
f
267.5 642.889 m
267.5 651.173 260.784 657.889 252.5 657.889 c
244.216 657.889 237.5 651.173 237.5 642.889 c
237.5 634.605 244.216 627.889 252.5 627.889 c
260.784 627.889 267.5 634.605 267.5 642.889 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 676.3892 Tm
0 0.97 1 0.5 k
(25.3)Tj
ET
q
0.2 i
287.5 672.889 16 8 re
W n
BT
6 0 0 6 299.032 676.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 676.3892 Tm
0 0 0 1 k
(Corporates - Inv. Grade)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.832 -1.3333 TD
(23.8)Tj
ET
q
0.2 i
287.5 664.889 16 8 re
W n
BT
6 0 0 6 299.032 668.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 668.3893 Tm
0 0 0 1 k
(Governments)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.832 -1.3333 TD
(20.0)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
(Residential Mortgages )Tj
ET
q
0.2 i
307.5 656.889 70 8 re
W n
BT
6 0 0 6 358.756 660.3892 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 360.224 660.3892 Tm
(RMBS)Tj
ET
q
0.2 i
307.5 656.889 70 8 re
W n
BT
6 0 0 6 374.76 660.3892 Tm
0 Tc
(\))Tj
ET
Q
BT
/F5 1 Tf
6 0 0 6 290.508 652.3892 Tm
0 0.97 1 0.5 k
(13.6)Tj
ET
q
0.2 i
287.5 648.889 16 8 re
W n
BT
6 0 0 6 299.032 652.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 652.3892 Tm
0 0 0 1 k
(Asset-Backed Securities )Tj
ET
q
0.2 i
307.5 648.889 70 8 re
W n
BT
6 0 0 6 363.684 652.3892 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 365.152 652.3892 Tm
(ABS)Tj
ET
q
0.2 i
307.5 648.889 70 8 re
W n
BT
6 0 0 6 375.22 652.3892 Tm
0 Tc
(\))Tj
ET
Q
BT
/F5 1 Tf
6 0 0 6 292.972 644.3893 Tm
0 0.97 1 0.5 k
(9.0)Tj
ET
q
0.2 i
287.5 640.889 16 8 re
W n
BT
6 0 0 6 299.032 644.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 644.3893 Tm
0 0 0 1 k
(Quasi-Governments)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(5.6)Tj
ET
q
0.2 i
287.5 632.889 16 8 re
W n
BT
6 0 0 6 299.032 636.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 636.3892 Tm
0 0 0 1 k
(Emerging Market Debt)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(4.5)Tj
ET
q
0.2 i
287.5 624.889 16 8 re
W n
BT
6 0 0 6 299.032 628.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 628.3892 Tm
0 0 0 1 k
(Corporates - High Yield)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(0.7)Tj
ET
q
0.2 i
287.5 616.889 16 8 re
W n
BT
6 0 0 6 299.032 620.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 620.3893 Tm
0 0 0 1 k
(Commercial Mortgages )Tj
0 -1.25 TD
(\(CMBS\))Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(0.3)Tj
ET
q
0.2 i
287.5 601.389 16 8 re
W n
BT
6 0 0 6 299.032 604.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 604.8892 Tm
0 0 0 1 k
(Municipal)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(0.3)Tj
ET
q
0.2 i
287.5 593.389 16 8 re
W n
BT
6 0 0 6 299.032 596.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 596.8892 Tm
0 0 0 1 k
(Covered Bonds)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.721 -1.3333 TD
(-3.5)Tj
ET
q
0.2 i
287.5 585.389 16 8 re
W n
BT
6 0 0 6 299.032 588.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 588.8893 Tm
0 0 0 1 k
(Cash)Tj
/F5 1 Tf
0 0.97 1 0.5 k
-2.4213 -1.3333 TD
(0.4)Tj
ET
q
0.2 i
287.5 577.389 16 8 re
W n
BT
6 0 0 6 299.032 580.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 580.8892 Tm
0 0 0 1 k
(Derivatives)Tj
ET
q
0.2 i
426.5 672.889 18 8 re
W n
0 0 0 1 K
0.5 w
/GS2 gs
443.346 674.91 m
434.95 678.837 427.082 678.142 y
427 680.889 m
427 675.272 l
441.781 677.483 m
443.69 674.895 l
440.535 673.594 l
S
Q
0.92 0.73 0.2 0.05 k
/GS2 gs
425 642.889 m
425 672.889 l
436.757 672.889 447.431 666.021 452.303 655.32 c
h
425 642.889 m
f
/GS1 gs
425 642.889 m
425 672.889 l
436.757 672.889 447.431 666.021 452.303 655.321 c
h
425 642.889 m
S
425 642.889 m
452.303 655.32 l
459.169 640.241 452.51 622.452 437.431 615.586 c
422.352 608.72 404.562 615.379 397.697 630.458 c
397.384 631.144 397.098 631.842 396.838 632.55 c
h
425 642.889 m
f
425 642.889 m
452.303 655.321 l
459.169 640.241 452.51 622.452 437.431 615.586 c
422.352 608.72 404.562 615.379 397.697 630.458 c
397.384 631.144 397.098 631.842 396.838 632.55 c
h
425 642.889 m
S
425 642.889 m
396.838 632.55 l
394.253 639.591 394.399 647.344 397.248 654.283 c
h
425 642.889 m
f
425 642.889 m
396.838 632.55 l
394.253 639.591 394.399 647.344 397.248 654.283 c
h
425 642.889 m
S
425 642.889 m
397.248 654.283 l
397.295 654.399 397.344 654.515 397.393 654.63 c
h
425 642.889 m
f
425 642.889 m
397.248 654.283 l
397.295 654.399 397.344 654.515 397.393 654.63 c
h
425 642.889 m
S
425 642.889 m
397.393 654.63 l
399.546 659.692 403.049 664.065 407.519 667.27 c
h
425 642.889 m
f
425 642.889 m
397.393 654.63 l
399.546 659.692 403.049 664.065 407.519 667.27 c
h
425 642.889 m
S
425 642.889 m
407.519 667.27 l
410.902 669.695 414.751 671.39 418.824 672.247 c
h
425 642.889 m
f
425 642.889 m
407.519 667.27 l
410.902 669.695 414.751 671.39 418.824 672.247 c
h
425 642.889 m
S
425 642.889 m
418.824 672.247 l
418.947 672.273 419.07 672.298 419.194 672.322 c
h
425 642.889 m
f
425 642.889 m
418.824 672.247 l
418.947 672.273 419.07 672.298 419.194 672.322 c
h
425 642.889 m
S
425 642.889 m
419.194 672.322 l
419.502 672.383 419.811 672.439 420.121 672.49 c
h
425 642.889 m
f
425 642.889 m
419.194 672.322 l
419.502 672.383 419.811 672.439 420.121 672.49 c
h
425 642.889 m
S
425 642.889 m
420.121 672.49 l
421.734 672.756 423.365 672.889 425 672.889 c
h
425 642.889 m
f
425 642.889 m
420.121 672.49 l
421.734 672.756 423.365 672.889 425 672.889 c
h
425 642.889 m
S
0 0 0 0 k
440 642.889 m
440 651.173 433.284 657.889 425 657.889 c
416.716 657.889 410 651.173 410 642.889 c
410 634.605 416.716 627.889 425 627.889 c
433.284 627.889 440 634.605 440 642.889 c
f
440 642.889 m
440 651.173 433.284 657.889 425 657.889 c
416.716 657.889 410 651.173 410 642.889 c
410 634.605 416.716 627.889 425 627.889 c
433.284 627.889 440 634.605 440 642.889 c
S
BT
/F5 1 Tf
6 0 0 6 463.008 676.3892 Tm
0.92 0.73 0.2 0.05 k
(18.2)Tj
ET
q
0.2 i
460 672.889 16 8 re
W n
BT
6 0 0 6 471.532 676.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 676.3892 Tm
0 0 0 1 k
(Corporates - Inv. Grade)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.832 -1.3333 TD
(51.2)Tj
ET
q
0.2 i
460 664.889 16 8 re
W n
BT
6 0 0 6 471.532 668.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 668.3893 Tm
0 0 0 1 k
(Governments)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.832 -1.3333 TD
(11.8)Tj
ET
q
0.2 i
460 656.889 16 8 re
W n
BT
6 0 0 6 471.532 660.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 660.3892 Tm
0 0 0 1 k
(Residential Mortgages )Tj
ET
q
0.2 i
480 656.889 70 8 re
W n
BT
6 0 0 6 531.256 660.3892 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 532.724 660.3892 Tm
(RMBS)Tj
ET
q
0.2 i
480 656.889 70 8 re
W n
BT
6 0 0 6 547.26 660.3892 Tm
0 Tc
(\))Tj
ET
Q
BT
/F5 1 Tf
6 0 0 6 465.472 652.3892 Tm
0.92 0.73 0.2 0.05 k
(0.2)Tj
ET
q
0.2 i
460 648.889 16 8 re
W n
BT
6 0 0 6 471.532 652.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 652.3892 Tm
0 0 0 1 k
(Asset-Backed Securities )Tj
ET
q
0.2 i
480 648.889 70 8 re
W n
BT
6 0 0 6 536.184 652.3892 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 537.652 652.3892 Tm
(ABS)Tj
ET
q
0.2 i
480 648.889 70 8 re
W n
BT
6 0 0 6 547.72 652.3892 Tm
0 Tc
(\))Tj
ET
Q
BT
/F5 1 Tf
6 0 0 6 465.472 644.3893 Tm
0.92 0.73 0.2 0.05 k
(8.7)Tj
ET
q
0.2 i
460 640.889 16 8 re
W n
BT
6 0 0 6 471.532 644.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 644.3893 Tm
0 0 0 1 k
(Quasi-Governments)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(6.6)Tj
ET
q
0.2 i
460 632.889 16 8 re
W n
BT
6 0 0 6 471.532 636.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 636.3892 Tm
0 0 0 1 k
(Emerging Market Debt)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(0.2)Tj
ET
q
0.2 i
460 624.889 16 8 re
W n
BT
6 0 0 6 471.532 628.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 628.3892 Tm
0 0 0 1 k
(Corporates - High Yield)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(0.5)Tj
ET
q
0.2 i
460 616.889 16 8 re
W n
BT
6 0 0 6 471.532 620.3893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 620.3893 Tm
0 0 0 1 k
(Commercial Mortgages )Tj
0 -1.25 TD
(\(CMBS\))Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(0.0)Tj
ET
q
0.2 i
460 601.389 16 8 re
W n
BT
6 0 0 6 471.532 604.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 604.8892 Tm
0 0 0 1 k
(Municipal)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(2.6)Tj
ET
q
0.2 i
460 593.389 16 8 re
W n
BT
6 0 0 6 471.532 596.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 596.8892 Tm
0 0 0 1 k
(Covered Bonds)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(0.0)Tj
ET
q
0.2 i
460 585.389 16 8 re
W n
BT
6 0 0 6 471.532 588.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 588.8893 Tm
0 0 0 1 k
(Cash)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.3333 TD
(0.0)Tj
ET
q
0.2 i
460 577.389 16 8 re
W n
BT
6 0 0 6 471.532 580.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 480 580.8892 Tm
0 0 0 1 k
(Derivatives)Tj
ET
q
212.5 550.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 567.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 556.3892 Tm
0 0 0 0 k
0 Tc
[(Country Bond )50(Allocation \(%\))]TJ
ET
q
397.5 550.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
397.5 567.389 170 -16.5 re
f
Q
BT
10 0 0 10 401.5 556.3892 Tm
-0.05 Tw
[(Credit Allocation )-50(\(%\))]TJ
/F2 1 Tf
8 0 0 8 220.516 530.8892 Tm
0 0 0 1 k
-0.025 Tc
0 Tw
(Goldman Sachs Global Fixed )Tj
-0.676 -1.3125 TD
(Income Plus Portfolio \(Hedged\))Tj
11.206 2.75 TD
(Bloomberg Barclays Global )Tj
1.512 -1.3125 TD
(Aggregate Bond \(Total )Tj
0.307 -1.3125 TD
(Return, Hedged, EUR\))Tj
ET
0.132 0.08 0.028 0 k
212.5 515.889 70 -14 re
f
BT
8 0 0 8 217.5 507.3892 Tm
0 0 0 1 k
(US)Tj
ET
q
282.5 501.889 20 14 re
W n
0.132 0.08 0.028 0 k
282.5 515.889 20 -14 re
f
Q
BT
8 0 0 8 285.868 507.3892 Tm
(51.8)Tj
ET
q
302.5 501.889 80 14 re
W n
0.132 0.08 0.028 0 k
302.5 515.889 80 -14 re
f
Q
BT
8 0 0 8 365.868 507.3892 Tm
(45.1)Tj
-18.546 -1.75 TD
[(Eurozone)-5471(19.0)-8546(24.5)]TJ
ET
q
212.5 473.889 70 14 re
W n
0.132 0.08 0.028 0 k
212.5 487.889 70 -14 re
f
Q
BT
8 0 0 8 217.5 479.3892 Tm
(Japan)Tj
ET
q
282.5 473.889 20 14 re
W n
0.132 0.08 0.028 0 k
282.5 487.889 20 -14 re
f
Q
BT
8 0 0 8 285.868 479.3892 Tm
(15.)Tj
ET
q
0.2 i
282.5 474.889 15 11 re
W n
BT
8 0 0 8 294.148 479.3892 Tm
0 Tc
(4)Tj
ET
Q
q
302.5 473.889 80 14 re
W n
0.132 0.08 0.028 0 k
302.5 487.889 80 -14 re
f
Q
BT
8 0 0 8 365.868 479.3892 Tm
(16.8)Tj
-18.546 -1.75 TD
[(UK)-7959(7.)]TJ
ET
q
0.2 i
282.5 460.889 15 11 re
W n
BT
8 0 0 8 294.148 465.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 369.22 465.3892 Tm
(4.9)Tj
ET
0.132 0.08 0.028 0 k
212.5 459.889 70 -14 re
f
BT
8 0 0 8 217.5 451.3892 Tm
0 0 0 1 k
(Canada)Tj
ET
q
282.5 445.889 20 14 re
W n
0.132 0.08 0.028 0 k
282.5 459.889 20 -14 re
f
Q
BT
8 0 0 8 289.22 451.3892 Tm
(2.2)Tj
ET
q
302.5 445.889 80 14 re
W n
0.132 0.08 0.028 0 k
302.5 459.889 80 -14 re
f
Q
BT
8 0 0 8 369.22 451.3892 Tm
(2.7)Tj
-18.965 -1.75 TD
[(Sweden)-6172(0.3)-8965(0.5)]TJ
ET
0.132 0.08 0.028 0 k
212.5 431.889 70 -14 re
f
BT
8 0 0 8 217.5 423.3893 Tm
0 0 0 1 k
(Australia)Tj
ET
q
282.5 417.889 20 14 re
W n
0.132 0.08 0.028 0 k
282.5 431.889 20 -14 re
f
Q
BT
8 0 0 8 289.22 423.3893 Tm
(0.2)Tj
ET
q
302.5 417.889 80 14 re
W n
0.132 0.08 0.028 0 k
302.5 431.889 80 -14 re
f
Q
BT
8 0 0 8 369.22 423.3893 Tm
(1.3)Tj
-18.965 -1.75 TD
[(Denmark)-5918(0.1)-8965(0.2)]TJ
ET
q
212.5 389.889 70 14 re
W n
0.132 0.08 0.028 0 k
212.5 403.889 70 -14 re
f
Q
BT
8 0 0 8 217.5 395.3892 Tm
(Norway)Tj
ET
q
282.5 389.889 20 14 re
W n
0.132 0.08 0.028 0 k
282.5 403.889 20 -14 re
f
Q
BT
8 0 0 8 289.22 395.3892 Tm
(0.0)Tj
ET
q
302.5 389.889 80 14 re
W n
0.132 0.08 0.028 0 k
302.5 403.889 80 -14 re
f
Q
BT
8 0 0 8 369.22 395.3892 Tm
(0.1)Tj
-18.965 -1.75 TD
[(Other)-7090(3.7)-8965(4.0)]TJ
ET
0 0 0 0.4 K
0.2 w
449.5 399.223 m
564.5 399.223 l
449.5 412.556 m
564.5 412.556 l
449.5 425.889 m
564.5 425.889 l
449.5 439.223 m
564.5 439.223 l
449.5 452.556 m
564.5 452.556 l
449.5 465.889 m
564.5 465.889 l
449.5 479.223 m
564.5 479.223 l
449.5 492.556 m
564.5 492.556 l
449.5 505.889 m
564.5 505.889 l
449.5 519.223 m
564.5 519.223 l
449.5 532.556 m
564.5 532.556 l
449.5 545.889 m
564.5 545.889 l
S
0.38 0.27 0.07 0 k
478.25 386.389 m
478.25 392.556 l
478.25 386.389 l
f
BT
5 0 0 5 482.92 387.4725 Tm
/Cs7 cs 0 scn
0 Tc
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 398.723 0.575 -6.167 re
f
BT
5 0 0 5 483.495 393.6392 Tm
/Cs7 cs 0 scn
(0.4 )Tj
ET
0.38 0.27 0.07 0 k
478.25 399.723 m
478.25 405.889 l
478.25 399.723 l
f
BT
5 0 0 5 482.92 400.8059 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
473.219 412.056 5.031 -6.167 re
f
BT
5 0 0 5 461.1937 406.9726 Tm
/Cs7 cs 0 scn
(-3.5 )Tj
ET
0.38 0.27 0.07 0 k
478.25 419.223 0.862 -6.167 re
f
BT
5 0 0 5 483.7825 414.1392 Tm
/Cs7 cs 0 scn
(0.6 )Tj
ET
0 0.97 1 0.5 k
478.25 425.389 2.3 -6.167 re
f
BT
5 0 0 5 485.22 420.3059 Tm
/Cs7 cs 0 scn
(1.6 )Tj
ET
0.38 0.27 0.07 0 k
478.25 426.389 m
478.25 432.556 l
478.25 426.389 l
f
BT
5 0 0 5 482.92 427.4726 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 432.556 m
478.25 438.723 l
478.25 432.556 l
f
BT
5 0 0 5 482.92 433.6393 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0.38 0.27 0.07 0 k
478.25 439.723 m
478.25 445.889 l
478.25 439.723 l
f
BT
5 0 0 5 482.92 440.8059 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 452.056 0.719 -6.167 re
f
BT
5 0 0 5 483.6387 446.9726 Tm
/Cs7 cs 0 scn
(0.5 )Tj
ET
0.38 0.27 0.07 0 k
478.25 453.056 m
478.25 459.223 l
478.25 453.056 l
f
BT
5 0 0 5 482.92 454.1392 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 465.389 0.862 -6.167 re
f
BT
5 0 0 5 483.7825 460.3059 Tm
/Cs7 cs 0 scn
(0.6 )Tj
ET
0.38 0.27 0.07 0 k
478.25 466.389 m
478.25 472.556 l
478.25 466.389 l
f
BT
5 0 0 5 482.92 467.4726 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 478.723 5.031 -6.167 re
f
BT
5 0 0 5 487.9512 473.6392 Tm
/Cs7 cs 0 scn
(3.5 )Tj
ET
0.38 0.27 0.07 0 k
478.25 479.723 m
478.25 485.889 l
478.25 479.723 l
f
BT
5 0 0 5 482.92 480.8059 Tm
/Cs7 cs 0 scn
(0.0 )Tj
ET
0 0.97 1 0.5 k
478.25 492.056 2.875 -6.167 re
f
BT
5 0 0 5 485.795 486.9726 Tm
/Cs7 cs 0 scn
(2.0 )Tj
ET
0.38 0.27 0.07 0 k
478.25 499.223 17.25 -6.167 re
f
BT
5 0 0 5 499.06 494.1393 Tm
/Cs7 cs 0 scn
(12.0 )Tj
ET
0 0.97 1 0.5 k
478.25 505.389 22.281 -6.167 re
f
BT
5 0 0 5 504.0912 500.3059 Tm
/Cs7 cs 0 scn
(15.5 )Tj
ET
0.38 0.27 0.07 0 k
478.25 512.556 42.694 -6.167 re
f
BT
5 0 0 5 524.5037 507.4725 Tm
/Cs7 cs 0 scn
(29.7 )Tj
ET
0 0.97 1 0.5 k
478.25 518.723 44.131 -6.167 re
f
BT
5 0 0 5 525.9412 513.6392 Tm
/Cs7 cs 0 scn
(30.7 )Tj
ET
0.38 0.27 0.07 0 k
478.25 525.889 24.006 -6.167 re
f
BT
5 0 0 5 505.8162 520.8059 Tm
/Cs7 cs 0 scn
(16.7 )Tj
ET
0 0.97 1 0.5 k
478.25 532.056 19.55 -6.167 re
f
BT
5 0 0 5 501.36 526.9725 Tm
/Cs7 cs 0 scn
(13.6 )Tj
ET
0.38 0.27 0.07 0 k
478.25 539.223 58.937 -6.167 re
f
BT
5 0 0 5 540.7475 534.1392 Tm
/Cs7 cs 0 scn
(41.0 )Tj
ET
0 0.97 1 0.5 k
478.25 545.389 50.456 -6.167 re
f
BT
5 0 0 5 532.2662 540.3059 Tm
/Cs7 cs 0 scn
(35.1 )Tj
ET
0 0 0 1 K
0.5 w
449.5 385.889 m
564.5 385.889 l
449.5 385.889 m
449.5 382.889 l
S
BT
5 0 0 5 446.585 376.8892 Tm
0 0 0 1 k
(-20)Tj
ET
463.875 385.889 m
463.875 382.889 l
S
BT
5 0 0 5 460.96 376.8892 Tm
(-10)Tj
ET
478.25 385.889 m
478.25 382.889 l
S
BT
5 0 0 5 477.14 376.8892 Tm
(0)Tj
ET
492.625 385.889 m
492.625 382.889 l
S
BT
5 0 0 5 490.405 376.8892 Tm
(10)Tj
ET
507 385.889 m
507 382.889 l
S
BT
5 0 0 5 504.78 376.8892 Tm
(20)Tj
ET
521.375 385.889 m
521.375 382.889 l
S
BT
5 0 0 5 519.155 376.8892 Tm
(30)Tj
ET
535.75 385.889 m
535.75 382.889 l
S
BT
5 0 0 5 533.53 376.8892 Tm
(40)Tj
ET
550.125 385.889 m
550.125 382.889 l
S
BT
5 0 0 5 547.905 376.8892 Tm
(50)Tj
ET
564.5 385.889 m
564.5 382.889 l
S
BT
5 0 0 5 562.28 376.8892 Tm
(60)Tj
ET
478.25 385.889 m
478.25 545.889 l
S
BT
6 0 0 6 397.5 390.5559 Tm
(Derivatives)Tj
0 2.2222 TD
(Cash)Tj
T*
(NR)Tj
T*
(C)Tj
T*
(CC)Tj
T*
(CCC)Tj
T*
(B)Tj
T*
(BB)Tj
T*
(BBB)Tj
T*
(A)Tj
T*
(AA)Tj
T*
(AAA)Tj
ET
q
397.5 344.889 5 28 re
W n
0 0.97 1 0.5 K
10 w
397.5 372.889 m
402.5 372.889 l
S
Q
BT
/F1 1 Tf
6 0 0 6 405.5 368.3892 Tm
-0.0333 Tc
(Goldman Sachs Global Fixed )Tj
0 -1.25 TD
(Income Plus Portfolio \(Hedged\))Tj
ET
q
482.5 344.889 5 28 re
W n
0.38 0.27 0.07 0 K
10 w
482.5 372.889 m
487.5 372.889 l
S
Q
BT
6 0 0 6 490.5 368.3892 Tm
(Bloomberg Barclays Global )Tj
T*
(Aggregate Bond \(Total Return, )Tj
T*
(Hedged, EUR\))Tj
/F5 1 Tf
8 0 0 8 217.5 119.5 Tm
-0.025 Tc
(Please see Additional Notes. All performance and holdings data as at 31-Jan-19. Past performance does not )Tj
T*
(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 95 350 30.5 re
W n
BT
8 0 0 8 217.5 99.5 Tm
0 Tc
()Tj
ET
Q
BT
8 0 0 8 221.3 99.5 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 92 Tm
0 Tc
(\(1\))Tj
8 0 0 8 221.052 89 Tm
[(The ongoing charges gure is based on expenses during the previous year)70(. See details in the Key Investor Information )]TJ
-0.444 -1.25 TD
(Document.)Tj
4 0 0 4 250.38 82 Tm
( \(2\))Tj
8 0 0 8 254.82 79 Tm
(The Bloomberg Barclays Global Aggregate Bond Index is quoted at month-end with income reinvested and, )Tj
-4.665 -1.25 TD
(in contrast to the Portfolio, is shown without the deduction of any expenses.)Tj
4 0 0 4 439.6041 72 Tm
( \(3\))Tj
8 0 0 8 444.0441 69 Tm
(Fund returns are shown net of applicable )Tj
-28.318 -1.25 TD
[(ongoing fees within the portfolio, with dividends re-invested using the ex-dividend NA)37(V)100(.)0( These returns are for )]TJ
T*
(comparison of performance against specied index. As the investor may be liable to other fees, charges and taxes, they )Tj
T*
(are not meant to provide a measure of actual return to investors. The performance data do not take account of the )Tj
T*
(commissions and costs incurred on the issue and redemption of shares.)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
50.869 56.98 51.543 57.737 52.738 57.737 c
53.137 57.737 54.326 57.736 y
f
49.92 51.719 m
48.417 51.719 l
48.417 56.287 l
48.417 56.785 48.402 57.223 48.06 57.312 c
47.908 57.351 47.692 57.326 47.546 57.194 c
47.289 56.965 47.222 56.697 47.222 56.285 c
47.222 51.719 l
45.717 51.719 l
45.717 53.412 l
45.496 52.623 44.818 51.614 43.679 51.614 c
42.745 51.614 41.15 52.054 41.15 54.612 c
41.15 56.99 42.721 57.727 43.552 57.737 c
44.196 57.741 44.614 57.536 44.901 57.116 c
45.131 56.78 45.16 56.211 44.849 55.863 c
44.481 55.455 43.649 55.522 43.482 56.08 c
43.332 56.584 43.643 56.887 43.847 57.127 c
43.966 57.273 43.949 57.527 43.533 57.527 c
42.982 57.527 42.842 56.893 42.784 56.397 c
42.645 55.129 42.656 53.953 42.788 53.064 c
42.876 52.455 43.045 51.888 43.826 51.878 c
44.829 51.865 45.663 53.275 45.718 54.56 c
45.718 58.855 l
47.223 58.855 l
47.223 57.151 l
47.441 57.451 47.828 57.703 48.325 57.738 c
49.287 57.806 49.92 57.223 49.92 55.975 c
49.92 51.719 l
f
35.059 66.838 m
35.059 64.569 l
34.834 64.569 l
34.58 65.631 34.042 66.61 33.162 66.62 c
32.621 66.628 32.299 66.367 32.05 65.917 c
31.782 65.432 31.646 64.261 31.646 62.976 c
31.646 61.786 31.699 60.834 31.85 60.198 c
31.926 59.882 32.124 59.4 32.7 59.4 c
33.01 59.4 33.217 59.511 33.371 59.668 c
33.605 59.908 33.645 60.428 33.645 60.797 c
33.645 62.067 l
33.645 62.496 33.483 62.764 33.277 62.89 c
33.106 62.996 32.844 63.006 32.693 63.015 c
32.693 63.227 l
35.146 63.227 l
35.146 57.146 l
34.901 57.146 l
34.803 57.669 34.701 58.005 34.454 58.432 c
34.249 58.783 33.789 59.222 33.155 59.222 c
32.451 59.222 31.92 58.796 31.92 58.095 c
31.92 57.239 32.431 57.021 33.414 56.483 c
34.319 55.99 35.52 55.584 35.52 54.062 c
35.52 52.627 34.384 51.719 32.935 51.719 c
30.493 51.719 l
30.493 54.527 l
30.738 54.527 l
31.121 52.204 32.263 51.947 32.911 51.956 c
33.786 51.966 34.065 52.624 34.036 53.371 c
34.005 54.157 33.377 54.501 32.403 55.052 c
31.121 55.772 30.466 56.13 30.496 57.322 c
30.518 58.324 31.338 58.991 32.292 59.244 c
30.348 59.477 29.792 61.192 29.809 63.027 c
29.827 64.852 30.922 66.838 33.047 66.838 c
35.059 66.838 l
f
BT
/F1 1 Tf
8 0 0 8 219.276 14.5 Tm
0.53 0.32 0.11 0 k
(2)Tj
ET
endstream
endobj
15 0 obj
<>/ProcSet[/PDF/Text]/Font<>>>
endobj
14 0 obj
<>stream
q
0.6 i
27.5 774.389 540 40 re
W n
0 0.97 1 0.5 k
/GS1 gs
27.5 814.389 540 -40 re
f
Q
BT
/F1 1 Tf
15 0 0 15 34.5 788.8893 Tm
0 0 0 0 k
/GS1 gs
-0.0007 Tc
0 Tw
(Goldman Sachs Global Fixed Income Plus Portfolio \(Hedged\))Tj
/F5 1 Tf
8.5 0 0 8.5 27.5 757.8893 Tm
0.53 0.32 0.11 0 k
0 Tc
(Important Risk Considerations)Tj
ET
q
0.6 i
27.5 735.389 540 15 re
W n
1 0.84 0.31 0.17 K
0 J 0 j 2 w 10 M []0 d
27.5 750.389 m
567.5 750.389 l
S
Q
BT
/F6 1 Tf
6 0 0 6 27.5 728.8892 Tm
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 728.8892 Tm
0 0 0 1 k
(Contingent Convertible \(Coco\) Bond Risk)Tj
/F1 1 Tf
8 0 0 8 184.839 728.8892 Tm
( investment in this particular type of bond may result in material losses to the Portfolio based on certain trigger events. )Tj
-18.4174 -1.3125 TD
(The existence of these trigger events creates a different type of risk from traditional bonds and may more likely result in a p)Tj
49.097 0 TD
(artial or total loss of value or alternatively )Tj
-49.097 -1.3125 TD
(they may be converted into shares of the issuing company which may also have suffered a loss in value.)Tj
/F6 1 Tf
6 0 0 6 27.5 695.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 695.8892 Tm
0 0 0 1 k
(Counterparty risk)Tj
/F1 1 Tf
8 0 0 8 96.9915 695.8892 Tm
( a party that the Portfolio transacts with may fail to meet its obligations which could cause losses.)Tj
/F6 1 Tf
6 0 0 6 27.5 683.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 683.8892 Tm
0 0 0 1 k
(Credit risk)Tj
/F1 1 Tf
8 0 0 8 73.387 683.8892 Tm
( the failure of a counterparty or an issuer of a nancial asset held within the Portfolio to meet its payment obligations will )Tj
48.322 0 TD
(have a negative impact on the )Tj
-52.8079 -1.3125 TD
(Portfolio.)Tj
/F6 1 Tf
6 0 0 6 27.5 661.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 661.3892 Tm
0 0 0 1 k
(Custodian risk)Tj
/F1 1 Tf
8 0 0 8 87.0805 661.3892 Tm
( insolvency, breaches of duty of care or misconduct of a custodian or subcustodian responsible for the safekeeping of the Portf)Tj
50.711 0 TD
(olio's assets can result )Tj
-56.9085 -1.3125 TD
(in loss to the Portfolio.)Tj
/F6 1 Tf
6 0 0 6 27.5 638.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 638.8892 Tm
0 0 0 1 k
(Derivatives risk)Tj
/F1 1 Tf
8 0 0 8 91.7895 638.8892 Tm
( derivative instruments are highly sensitive to changes in the value of the underlying asset that they are based on. Certain de)Tj
49.598 0 TD
(rivatives may result in )Tj
-56.3842 -1.3125 TD
(losses greater than the amount originally invested.)Tj
/F6 1 Tf
6 0 0 6 27.5 616.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 616.3892 Tm
0 0 0 1 k
(Emerging markets risk)Tj
/F1 1 Tf
8 0 0 8 114.9265 616.3892 Tm
( emerging markets are likely to bear higher risk due to lower liquidity and possible lack of adequate nancial, legal, social, )Tj
48.817 0 TD
(political and )Tj
-58.4953 -1.3125 TD
(economic structures, protection and stability as well as uncertain tax positions.)Tj
/F6 1 Tf
6 0 0 6 27.5 593.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 593.8892 Tm
0 0 0 1 k
(Exchange rate risk)Tj
/F1 1 Tf
8 0 0 8 102.185 593.8892 Tm
( changes in exchange rates may reduce or increase the returns an investor might expect to receive independent of the performanc)Tj
52.266 0 TD
(e of such )Tj
-60.3516 -1.3125 TD
(assets. If applicable, investment techniques used to attempt to reduce the risk of currency movements \(hedging\), may not be ef)Tj
50.878 0 TD
(fective. Hedging also involves )Tj
-50.878 -1.3125 TD
(additional risks associated with derivatives.)Tj
/F6 1 Tf
6 0 0 6 27.5 560.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 560.8892 Tm
0 0 0 1 k
(High yield risk)Tj
/F1 1 Tf
8 0 0 8 87.548 560.8892 Tm
( high yield instruments, meaning investments which pay a high amount of income generally involve greater credit risk and sensit)Tj
51.04 0 TD
(ivity to economic )Tj
-57.296 -1.3125 TD
(developments, giving rise to greater price movement than lower yielding instruments.)Tj
/F6 1 Tf
6 0 0 6 27.5 538.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 538.3892 Tm
0 0 0 1 k
(Interest rate risk)Tj
/F1 1 Tf
8 0 0 8 94.6285 538.3892 Tm
( when interest rates rise, bond prices fall, reecting the ability of investors to obtain a more attractive rate of interest on)Tj
47.71 0 TD
( their money elsewhere. )Tj
-54.8511 -1.3125 TD
(Bond prices are therefore subject to movements in interest rates which may move for a number of reasons, political as well as e)Tj
51.096 0 TD
(conomic.)Tj
/F6 1 Tf
6 0 0 6 27.5 515.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 515.8892 Tm
0 0 0 1 k
(Leverage risk)Tj
/F1 1 Tf
8 0 0 8 84.233 515.8892 Tm
( the Portfolio may operate with a signicant amount of leverage. Leverage occurs when the economic exposure created by the use )Tj
52.433 0 TD
(of derivatives is )Tj
-58.2746 -1.3125 TD
(greater than the amount invested. A leveraged Portfolio may result in large uctuations in the value of the Portfolio and there)Tj
49.713 0 TD
(fore entails a high degree of risk )Tj
-49.713 -1.3125 TD
(including the risk that losses may be substantial.)Tj
/F6 1 Tf
6 0 0 6 27.5 482.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 482.8892 Tm
0 0 0 1 k
(Liquidity risk)Tj
/F1 1 Tf
8 0 0 8 82.3545 482.8892 Tm
( the Portfolio may not always nd another party willing to purchase an asset that the Portfolio wants to sell which could impac)Tj
50.267 0 TD
(t the Portfolio's ability to )Tj
-55.8738 -1.3125 TD
(meet redemption requests on demand.)Tj
/F6 1 Tf
6 0 0 6 27.5 460.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 460.3892 Tm
0 0 0 1 k
(Market risk)Tj
/F1 1 Tf
8 0 0 8 77.6285 460.3892 Tm
( 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
/F6 1 Tf
6 0 0 6 27.5 448.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 448.3892 Tm
0 0 0 1 k
(Operational risk)Tj
/F1 1 Tf
8 0 0 8 93.2175 448.3892 Tm
( 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
/F6 1 Tf
6 0 0 6 27.5 436.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 436.3892 Tm
0 0 0 1 k
(Mortgage-backed securities \(MBS\) and asset-backed securities \(ABS\) risk)Tj
/F1 1 Tf
8 0 0 8 310.8685 436.3892 Tm
( the mortgages backing MBS and assets backing ABS may be repaid earlier )Tj
-34.1711 -1.3125 TD
(than required, resulting in a lower return.)Tj
/F5 1 Tf
8.5 0 0 8.5 27.5 341.3892 Tm
0.53 0.32 0.11 0 k
(Glossary)Tj
ET
q
0.6 i
27.5 318.889 540 15 re
W n
1 0.84 0.31 0.17 K
0 J 0 j 2 w 10 M []0 d
27.5 333.889 m
567.5 333.889 l
S
Q
BT
/F6 1 Tf
6 0 0 6 27.5 312.3892 Tm
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 312.3892 Tm
0 0 0 1 k
(Beta)Tj
/F1 1 Tf
8 0 0 8 53.5565 312.3892 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
-51.993 -1.3125 TD
(in the value of the fund are to the benchmark. If above 1.00, then fund uctuations have been greater than the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 289.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 289.8892 Tm
0 0 0 1 k
(Duration of the Portfolio)Tj
/F1 1 Tf
8 0 0 8 120.1455 289.8892 Tm
( Measure of the sensitivity of the price of a bond or portfolio to a change in interest rates paid. The larger the number \(po)Tj
48.822 0 TD
(sitive or )Tj
-59.1527 -1.3125 TD
(negative\), the greater the change in price for given changes in interest rates. When duration is positive a rise in interest ra)Tj
48.765 0 TD
(tes results in a fall in price while for a )Tj
-48.765 -1.3125 TD
(negative duration a rise in interest rates results in a rise in price.)Tj
/F6 1 Tf
6 0 0 6 27.5 256.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 256.8892 Tm
0 0 0 1 k
(Excess returns)Tj
/F1 1 Tf
8 0 0 8 88.483 256.8892 Tm
( The return of the fund in excess of the benchmark/index return \(annualised\).)Tj
/F6 1 Tf
6 0 0 6 27.5 244.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 244.8892 Tm
0 0 0 1 k
(Historical tracking error)Tj
/F1 1 Tf
8 0 0 8 121.072 244.8892 Tm
( - Measure of the actual deviation of the funds returns from the comparative benchmark index returns \(annualised\). A higher nu)Tj
50.988 0 TD
(mber )Tj
-61.4345 -1.3125 TD
(means that the fund is taking greater risk against the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 222.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 222.3892 Tm
0 0 0 1 k
(Historical Volatility of Portfolio)Tj
/F1 1 Tf
8 0 0 8 144.7105 222.3892 Tm
( 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
/F6 1 Tf
6 0 0 6 27.5 199.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 199.8892 Tm
0 0 0 1 k
(Interest Rate Duration)Tj
/F1 1 Tf
8 0 0 8 113.0565 199.8892 Tm
( This is a modied measure of Total Average Duration that has been estimated by GSAM. This modied measure seeks to take acco)Tj
53.153 0 TD
(unt of )Tj
-62.5976 -1.3125 TD
(the different behaviours of different bond markets around the world by re-expressing all duration exposures to a common US mark)Tj
51.931 0 TD
(et standard. The goal is to improve )Tj
-51.931 -1.3125 TD
(the estimate of the portfolio's sensitivity to changes in interest rates. This estimate is guided by historical market observat)Tj
48.514 0 TD
(ions amongst markets which are )Tj
-48.514 -1.3125 TD
(themselves subject to change over time and may not necessarily be reected by the actual outcome.)Tj
/F6 1 Tf
6 0 0 6 27.5 156.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 156.3892 Tm
0 0 0 1 k
(Net Asset Value)Tj
/F1 1 Tf
8 0 0 8 92.75 156.3892 Tm
( Represents the net assets of the fund \(ex-dividend\) divided by the total number of shares issued by the fund.)Tj
/F6 1 Tf
6 0 0 6 27.5 144.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 144.3892 Tm
0 0 0 1 k
(Ongoing Charges)Tj
/F1 1 Tf
8 0 0 8 96.524 144.3892 Tm
( The ongoing charges gure is based on the funds expenses during the previous 12 months, on a rolling basis. It excludes tra)Tj
50.54 0 TD
(nsaction costs and )Tj
-57.918 -1.3125 TD
(performance fees incurred by the fund.)Tj
/F6 1 Tf
6 0 0 6 27.5 121.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 121.8892 Tm
0 0 0 1 k
(Other Expenses)Tj
/F1 1 Tf
8 0 0 8 91.322 121.8892 Tm
( Fees deduced from the Funds assets incurred as part of the Funds operations, including, where applicable, costs incurred b)Tj
50.652 0 TD
(y the Fund when )Tj
-57.3797 -1.3125 TD
(investing in other funds.)Tj
/F6 1 Tf
6 0 0 6 27.5 99.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 99.3892 Tm
0 0 0 1 k
(R)Tj
/F2 1 Tf
4 0 0 4 42.226 102.8892 Tm
(2)Tj
/F1 1 Tf
8 0 0 8 44.002 99.3892 Tm
( Measure that represents the percentage of a portfolio movement linked to movements in the benchmark index return \(annualised)Tj
52.433 0 TD
(\). The nearer to [1.00], the more )Tj
-53.2457 -1.3125 TD
(a fund is tracking the risk of the benchmark, and the less risk that the fund is taking against the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 76.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 76.8892 Tm
0 0 0 1 k
(Swing pricing)Tj
/F1 1 Tf
8 0 0 8 86.1455 76.8892 Tm
( This describes the total trading spreads and any other duties and charges \(e.g. Broker Commissions, Stamp Duty and Taxes\) th)Tj
51.431 0 TD
(at may be paid on )Tj
-57.5117 -1.3125 TD
(entry and exit to the Fund and which seek to protect long-term investors already in the Fund. The price shown is measured at la)Tj
50.708 0 TD
(st quarter end, and is only indicative of )Tj
-50.708 -1.3125 TD
(the swing that may apply to a new subscription/redemption.)Tj
/F6 1 Tf
6 0 0 6 27.5 43.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 43.8892 Tm
0 0 0 1 k
(Yield to Maturity)Tj
/F1 1 Tf
8 0 0 8 95.113 43.8892 Tm
( The rate of return anticipated on a bond if it is held until the maturity date shown without the deduction of any expenses.)Tj
/F6 1 Tf
6 0 0 6 27.5 31.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 31.8892 Tm
0 0 0 1 k
(Yield to Worst)Tj
/F1 1 Tf
8 0 0 8 86.613 31.8892 Tm
( The lowest potential yield that can be received on a bond without the issuer actually defaulting.)Tj
0.53 0.32 0.11 0 k
16.5829 -2.1737 TD
(3)Tj
ET
endstream
endobj
17 0 obj
<>/ProcSet[/PDF/Text]/Font<>>>
endobj
16 0 obj
<>stream
BT
/F1 1 Tf
19 0 0 19 27.5 799.8893 Tm
0.53 0.32 0.11 0 k
/GS1 gs
-0.0105 Tc
0 Tw
(Additional Notes)Tj
8 0 0 8 27.5 761.8892 Tm
0 0 0 1 k
-0.025 Tc
(This material is a nancial promotion and has been issued by Goldman Sachs International, authorised by the Prudential Regulati)Tj
48.2029 0 TD
(on Authority and regulated by the Financial )Tj
-48.2029 -1.3125 TD
(Conduct Authority and the Prudential Regulation Authority.)Tj
0 -1.375 TD
(Furthermore, this information should not be construed as nancial research. It was not prepared in compliance with applicable p)Tj
48.146 0 TD
(rovisions of law designed to promote the )Tj
-48.146 -1.3125 TD
(independence of nancial analysis and is not subject to a prohibition on trading following the distribution of nancial researc)Tj
46.592 0 TD
(h.)Tj
-46.592 -1.375 TD
(This information is intended for viewing only by the intended recipient and may not be reproduced or distributed to any person )Tj
47.257 0 TD
(in whole or in part without the prior written consent of )Tj
-47.257 -1.3125 TD
(GSI. Goldman Sachs International accepts no liability for the misuse or inappropriate distribution of this material.)Tj
/F5 1 Tf
0 -1.375 TD
(Offering Documents)Tj
/F1 1 Tf
7.605 0 TD
(: This material is provided at your request for informational purposes only and does not constitute a solicitation in any juris)Tj
45.4769 0 TD
(diction in which such a solicitation is )Tj
-53.0819 -1.3125 TD
(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
46.814 0 TD
(onstitute an offer to buy shares in the fund. Prior to an )Tj
-46.814 -1.3125 TD
(investment, prospective investors should carefully read the latest Key Investor Information Document \(KIID\) as well as the offe)Tj
47.259 0 TD
(ring documentation, including but not limited to the )Tj
-47.259 -1.3125 TD
(funds prospectus which contains inter alia a comprehensive disclosure of applicable risks. The relevant articles of associatio)Tj
47.032 0 TD
(n, prospectus, supplement, KIID and latest annual/)Tj
-47.032 -1.3125 TD
(semi-annual report are available free of charge from the funds paying and information agent and/or from your nancial adviser )Tj
47.757 0 TD
(and at www.gsam.com/kiids.)Tj
/F5 1 Tf
-47.757 -1.375 TD
(Distribution of Shares)Tj
/F1 1 Tf
8.283 0 TD
(: Shares of the fund may not be registered for public distribution in a number of jurisdictions \(including but not limited to a)Tj
45.0919 0 TD
(ny Latin American, African or Asian )Tj
-53.3749 -1.3125 TD
(countries\). Therefore, the shares of the fund must not be marketed or offered in or to residents of any such jurisdictions unle)Tj
46.313 0 TD
(ss such marketing or offering is made in compliance )Tj
-46.313 -1.3125 TD
(with applicable exemptions for the private placement of collective investment schemes and other applicable jurisdictional rules)Tj
47.646 0 TD
( and regulations.)Tj
/F5 1 Tf
-47.646 -1.375 TD
(Investment Advice and Potential Loss)Tj
/F1 1 Tf
14.265 0 TD
(: Financial advisers generally suggest a diversied portfolio of investments. The fund described herein does not represent a di)Tj
46.9209 0 TD
(versied )Tj
-61.1859 -1.3125 TD
(investment by itself. This material must not be construed as investment or tax advice. Prospective investors should consult the)Tj
47.144 0 TD
(ir nancial and tax adviser before investing in order to )Tj
-47.144 -1.3125 TD
(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
5.454 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
46.2569 0 TD
(n the fund performing differently )Tj
-51.7109 -1.3125 TD
(compared to the reference benchmark based solely on the effect of swing pricing rather than price developments of underlying in)Tj
48.536 0 TD
(struments.)Tj
-48.536 -1.375 TD
(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
48.868 0 TD
(arter.)Tj
-48.868 -1.375 TD
(Additional information is provided in our Form ADV Part-2 which is available at http://www.adviserinfo.sec.gov/IAPD/Content/Sea)Tj
48.315 0 TD
(rch/iapd_Search.aspx.)Tj
/F5 1 Tf
-48.315 -1.375 TD
(The relevant articles of association, prospectus, supplement and key investor information document \(KIID\) and latest annual/sem)Tj
48.931 0 TD
(i-annual report \(as applicable\) are available free )Tj
-48.931 -1.3125 TD
(of charge from the funds paying and information agents as listed below:)Tj
0 -1.375 TD
(Austria)Tj
/F1 1 Tf
2.769 0 TD
(: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Wien, Austria.)Tj
/F5 1 Tf
-2.769 -1.375 TD
(Belgium)Tj
/F1 1 Tf
3.214 0 TD
(: RBC Investor Services, Place Rogier II, 1210 Brussels, Belgium.)Tj
/F5 1 Tf
-3.214 -1.375 TD
(Denmark)Tj
/F1 1 Tf
3.491 0 TD
(: Stockrate Asset Management, Mollevej 9 E2, DK-2990 Niva, Denmark.)Tj
/F5 1 Tf
-3.491 -1.375 TD
(France)Tj
/F1 1 Tf
2.627 0 TD
(: RBC Investor Services Bank France, 105, rue Raumur, 75002 Paris, France.)Tj
/F5 1 Tf
-2.627 -1.375 TD
(Germany)Tj
/F1 1 Tf
3.435 0 TD
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Munich, Germany.)Tj
/F5 1 Tf
-3.435 -1.375 TD
(Greece)Tj
/F1 1 Tf
2.794 0 TD
(: Piraeus Bank S.A., 4 Amerikis Street, 10564 Athens, Greece.)Tj
/F5 1 Tf
-2.794 -1.375 TD
(Ireland)Tj
/F1 1 Tf
2.714 0 TD
(: RBC Investor Services Ireland Limited, George's Quay House, 43 Townsend Street, Dublin 2, Ireland.)Tj
/F5 1 Tf
-2.714 -1.375 TD
(Italy)Tj
/F1 1 Tf
1.653 0 TD
(: Socit Gnrale Securities Services, Maciachini Center MAC 2, Via Benigno Crespi, 19/A, 20159 Milan, Italy; AllFunds Bank )Tj
47.643 0 TD
(S.A. Filiale di Milano, Via Santa Margherita 7, )Tj
-49.296 -1.3125 TD
(20121 Milan, Italy; RBC Investor Services Bank Milan- Milan Branch, Cia Vittor Pisani, 26, 20154 Milan, Italy; State Street Ban)Tj
46.365 0 TD
(k S.pA., Via Col Moschin, 16 , 20136 Milan, Italy; BNP )Tj
-46.365 -1.3125 TD
(Paribas Securities Services Succursale di Milano, Via Ansperto 5, 20121 Milan, Italy; Banca Sella, Piazza Gaudenzio Sella 1, 1)Tj
47.2 0 TD
(3900 Biella Bl., Italy.)Tj
/F5 1 Tf
-47.2 -1.375 TD
(Luxembourg)Tj
/F1 1 Tf
4.749 0 TD
(: State Street Bank Luxembourg S.A., 49, avenue J.F. Kennedy, L-1855 Luxembourg.)Tj
/F5 1 Tf
-4.749 -1.375 TD
(Sweden)Tj
/F1 1 Tf
3.184 0 TD
(: Skandinaviska Enskilda Banken AB, through its entity Global Transaction Services, SEB Merchant Banking, Sergels Torg 2, ST MH)Tj
49.1439 0 TD
(1, SE-106 40 Stockholm, Sweden.)Tj
/F5 1 Tf
-52.3279 -1.375 TD
(Switzerland)Tj
/F1 1 Tf
4.615 0 TD
(: Swiss Representative of the fund is First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. Paying Agent of the fu)Tj
46.8669 0 TD
(nd in Switzerland is Goldman Sachs Bank )Tj
-51.4819 -1.3125 TD
(AG, Claridenstrasse 25, 8022 Zurich. The Key Investor Information Document \(KIID\) as well as the annual and semi-annual reports)Tj
48.367 0 TD
( of the fund may be obtained free of charge at the )Tj
-48.367 -1.3125 TD
(Swiss Representative or Goldman Sachs Bank AG in Zurich.)Tj
0 -1.375 TD
(Please note in addition for:)Tj
/F5 1 Tf
T*
(Australia)Tj
/F1 1 Tf
3.497 0 TD
(: This material is distributed in Australia and New Zealand by Goldman Sachs Asset Management Australia Pty Ltd ABN 41 006 099 )Tj
48.9199 0 TD
(681, AFSL 228948 \(GSAMA\) and is )Tj
-52.4169 -1.3125 TD
(intended for viewing only by wholesale clients in Australia for the purposes of section 761G of the Corporations Act 2001 \(Cth\))Tj
46.756 0 TD
( and to clients who either fall within any or all of the )Tj
-46.756 -1.3125 TD
(categories of investors set out in section 3\(2\) or sub-section 5\(2CC\) of the Securities Act 1978 \(NZ\).)Tj
/F5 1 Tf
0 -1.375 TD
(Hong Kong)Tj
/F1 1 Tf
4.164 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
-4.164 -1.375 TD
(Netherlands)Tj
/F1 1 Tf
4.725 0 TD
(: The fund is included in the register kept by the Stichting Autoriteit Financile Markten.)Tj
/F5 1 Tf
-4.725 -1.375 TD
(Singapore)Tj
/F1 1 Tf
3.942 0 TD
(: This material has been issued or approved for use in or from Singapore by Goldman Sachs Asset Management \(Singapore\) Pte. Ltd)Tj
49.4239 0 TD
(. \(Company Number: 201329851H\).)Tj
/F5 1 Tf
-53.3659 -1.375 TD
(Spain)Tj
/F1 1 Tf
2.209 0 TD
(: The fund is a foreign UCITS registered with the CNMV registry with number 141 \(SICAV\), 913 \(SICAV II\), 305 \(PLC\). A full desc)Tj
46.8169 0 TD
(ription and KIID for the fund and other mandatory )Tj
-49.0259 -1.3125 TD
(documentation is available free of charge from any of the authorised distributors of the fund listed in the Comisin Nacional d)Tj
46.704 0 TD
(el Mercado de Valores \(CNMV\) webpage at )Tj
-46.704 -1.3125 TD
(www.cnmv.es.)Tj
/F5 1 Tf
0 -21.125 TD
(Condentiality)Tj
/F1 1 Tf
0 -1.375 TD
(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
( 2019 Goldman Sachs. All rights reserved.)Tj
T*
(Registered and Principal Ofces:)Tj
/F5 1 Tf
12.309 0 TD
( Luxembourg domiciled Funds Registered Ofce:)Tj
/F1 1 Tf
18.428 0 TD
( c/o State Street Bank Luxembourg S.A., 49, Avenue J-F Kennedy L-1855, Luxembourg)Tj
0.53 0.32 0.11 0 k
-6.765 -2.1737 TD
0 Tc
(4)Tj
ET
endstream
endobj
20 0 obj
<>
endobj
21 0 obj
<>
endobj
22 0 obj
<>
endobj
23 0 obj
<>
endobj
24 0 obj
<>
endobj
25 0 obj
<>
endobj
18 0 obj
<>
endobj
19 0 obj
<>stream
Hb``qtqre``((*)rrR`ˠ`\\ yy5F}Yd<^H bd K
@HR6bg9
L<% ɚ
F
)I
%
yzP3A@< $8(D9Q!(?-3(0>ÆQ^>~B 1 q ) ))I)) E9 PVUPWSWSBm- = 0040001S3s3sKK++k+k[[;;{'G''7777///_/?@АА0`KJHJHIJIIKIKH)+,(.(.*-)/)/,ikjhnjnjmhko7a¤ S&M2mi3f̚1w֜9-dEKX|kV[n͆u6lڰeӶ-;ض{]wp=rةcgN;u̅s]p+7ݺqƝ[