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(TR, USD, 0)Tj
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T*
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(30-Jun-1)Tj
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327.5 483.889 19 12.5 re
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(3)Tj
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(30-Jun-13 )Tj
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351.5 483.889 19 12.5 re
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(30-Jun-1)Tj
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351.5 483.889 19 12.5 re
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(30-Jun-1)Tj
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(5)Tj
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(30-Jun-15 )Tj
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399.5 483.889 19 12.5 re
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(30-Jun-1)Tj
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(6)Tj
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(30-Jun-16 )Tj
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423.5 483.889 19 12.5 re
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(-)Tj
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(30-Jun-1)Tj
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423.5 483.889 19 12.5 re
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(7)Tj
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(30-Jun-17 )Tj
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0.2 i
447.5 483.889 19 12.5 re
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5 0 0 5 465.41 492.3892 Tm
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(-)Tj
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( )Tj
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(30-Jun-1)Tj
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447.5 483.889 19 12.5 re
W n
BT
5 0 0 5 464.58 486.3892 Tm
0 Tc
(8)Tj
ET
Q
BT
5 0 0 5 472.98 492.3892 Tm
(30-Jun-18 )Tj
ET
q
0.2 i
471.5 483.889 19 12.5 re
W n
BT
5 0 0 5 489.41 492.3892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 490.5 492.3892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(30-Jun-1)Tj
ET
q
0.2 i
471.5 483.889 19 12.5 re
W n
BT
5 0 0 5 488.58 486.3892 Tm
0 Tc
(9)Tj
ET
Q
BT
5 0 0 5 496.98 492.3892 Tm
(30-Jun-19 )Tj
ET
q
0.2 i
495.5 483.889 19 12.5 re
W n
BT
5 0 0 5 513.41 492.3892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 514.5 492.3892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(30-Jun-2)Tj
ET
q
0.2 i
495.5 483.889 19 12.5 re
W n
BT
5 0 0 5 512.58 486.3892 Tm
0 Tc
(0)Tj
ET
Q
BT
5 0 0 5 520.98 492.3892 Tm
(30-Jun-20 )Tj
ET
q
0.2 i
519.5 483.889 19 12.5 re
W n
BT
5 0 0 5 537.41 492.3892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 538.5 492.3892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(30-Jun-21)Tj
4.42 1.2 TD
(30-Jun-21 )Tj
ET
q
0.2 i
543.5 483.889 19 12.5 re
W n
BT
5 0 0 5 561.41 492.3892 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 562.5 492.3892 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(30-Jun-2)Tj
ET
q
0.2 i
543.5 483.889 19 12.5 re
W n
BT
5 0 0 5 560.58 486.3892 Tm
0 Tc
(2)Tj
ET
Q
q
212.5 470.889 115 13 re
W n
0.132 0.08 0.028 0 k
212.5 483.889 115 -13 re
f
Q
BT
8 0 0 8 217.5 475.3892 Tm
-0.025 Tc
(Fund \(USD\))Tj
ET
q
327.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
327.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 344.476 475.3892 Tm
0 Tc
(-)Tj
ET
q
351.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 368.476 475.3892 Tm
(-)Tj
ET
q
375.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 392.476 475.3892 Tm
(-)Tj
ET
q
399.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 416.476 475.3892 Tm
(-)Tj
ET
q
423.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
423.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 434.22 475.3892 Tm
-0.025 Tc
(3.0)Tj
ET
q
447.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
447.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 456.196 475.3892 Tm
(-1.2)Tj
ET
q
471.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
471.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 482.22 475.3892 Tm
(1.2)Tj
ET
q
495.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
495.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 504.196 475.3892 Tm
(-5.2)Tj
ET
q
519.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
519.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 526.868 475.3892 Tm
(12.3)Tj
ET
q
543.5 470.889 24 13 re
W n
0.132 0.08 0.028 0 k
543.5 483.889 24 -13 re
f
Q
BT
8 0 0 8 548.844 475.3892 Tm
(-11.7)Tj
-41.418 -1.625 TD
(Index)Tj
15.872 0 TD
2.722 Tc
[(----)782(1)2747(.)2747(0)782(1)2747(.)2747(8)782(2)2747(.)2747(6)782(1)2747(.)2747(6)782(0)2747(.)2747(2)782(0)2747(.)2747(2)]TJ
ET
q
212.5 433.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 449.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 438.8892 Tm
0 0 0 0 k
-0.015 Tc
(Performance Summary \(%\))Tj
/F5 1 Tf
8 0 0 8 398.052 421.8893 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
477.5 404.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 417.389 m
481.5 392.389 l
S
Q
BT
8 0 0 8 491.748 408.8892 Tm
(1 Y)Tj
ET
q
0.2 i
482.5 404.389 20 11 re
W n
BT
8 0 0 8 500.476 408.8892 Tm
0 Tc
(r)Tj
ET
Q
BT
8 0 0 8 518.836 408.8892 Tm
[(3 Yrs)-2042(5 Yrs)]TJ
ET
q
212.5 391.389 130 13 re
W n
0.132 0.08 0.028 0 k
212.5 404.389 130 -13 re
f
Q
BT
8 0 0 8 217.5 395.8892 Tm
(Base Shares)Tj
4 0 0 4 251.284 399.3892 Tm
-0.05 Tc
(\(2\))Tj
ET
q
342.5 391.389 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 404.389 45 -13 re
f
Q
BT
8 0 0 8 367.716 395.8892 Tm
-0.025 Tc
(\(4.69\))Tj
ET
q
387.5 391.389 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 404.389 30 -13 re
f
Q
BT
8 0 0 8 397.716 395.8892 Tm
(\(3.37\))Tj
ET
q
417.5 391.389 30 13 re
W n
0.132 0.08 0.028 0 k
417.5 404.389 30 -13 re
f
Q
BT
8 0 0 8 427.716 395.8892 Tm
(\(7.34\))Tj
ET
q
447.5 391.389 30 13 re
W n
0.132 0.08 0.028 0 k
447.5 404.389 30 -13 re
f
Q
BT
8 0 0 8 454.364 395.8892 Tm
(\(12.05\))Tj
ET
q
477.5 391.389 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 404.389 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 404.389 m
481.5 379.389 l
S
Q
q
482.5 391.389 25 13 re
W n
0.132 0.08 0.028 0 k
482.5 404.389 25 -13 re
f
Q
BT
8 0 0 8 484.364 395.8892 Tm
(\(11.68\))Tj
ET
q
507.5 391.389 30 13 re
W n
0.132 0.08 0.028 0 k
507.5 404.389 30 -13 re
f
Q
BT
8 0 0 8 517.716 395.8892 Tm
(\(2.01\))Tj
ET
q
537.5 391.389 30 13 re
W n
0.132 0.08 0.028 0 k
537.5 404.389 30 -13 re
f
Q
BT
8 0 0 8 547.716 395.8892 Tm
(\(1.21\))Tj
-41.277 -1.625 TD
(ICE BofA 3 Mo T-Bill Index \(TR, USD, 0\))Tj
4 0 0 4 322.54 386.3892 Tm
-0.05 Tc
(\(4\))Tj
8 0 0 8 370.868 382.8892 Tm
-0.025 Tc
[(8.16)-2296(0.02)-2296(0.10)-2296(0.1)]TJ
ET
q
0.2 i
447.5 378.389 25 11 re
W n
BT
8 0 0 8 469.148 382.8892 Tm
0 Tc
(4)Tj
ET
Q
q
477.5 378.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 391.389 m
481.5 366.389 l
S
Q
BT
8 0 0 8 490.868 382.8892 Tm
[(0.22)-2296(0.68)-2296(1.28)]TJ
ET
0.53 0.32 0.11 0 k
212.5 372.389 355 -16.5 re
f
BT
/F4 1 Tf
10 0 0 10 216.5 361.3892 Tm
0 0 0 0 k
-0.015 Tc
(Calendar Year Performance \(%\))Tj
/F2 1 Tf
8 0 0 8 333.092 347.3892 Tm
0 0 0 1 k
-0.025 Tc
[(2012)-1324(2013)-1324(201)]TJ
ET
q
0.2 i
375.5 342.889 19 11 re
W n
BT
8 0 0 8 391.148 347.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 405.092 347.3892 Tm
[(2015)-1324(2016)-1324(2017)-1324(2018)-1324(2019)-1324(2020)-1324(2021)]TJ
ET
q
212.5 329.889 114 13 re
W n
0.132 0.08 0.028 0 k
212.5 342.889 114 -13 re
f
Q
BT
8 0 0 8 217.5 334.3892 Tm
(Base Shares)Tj
ET
q
326.5 329.889 25 13 re
W n
0.132 0.08 0.028 0 k
326.5 342.889 25 -13 re
f
Q
BT
8 0 0 8 344.476 334.3892 Tm
0 Tc
(-)Tj
ET
q
351.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 368.476 334.3892 Tm
(-)Tj
ET
q
375.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 392.476 334.3892 Tm
(-)Tj
ET
q
399.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 416.476 334.3892 Tm
(-)Tj
ET
q
423.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
423.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 434.22 334.3892 Tm
-0.025 Tc
(0.1)Tj
ET
q
447.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
447.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 458.22 334.3892 Tm
(3.8)Tj
ET
q
471.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
471.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 480.196 334.3892 Tm
(-6.7)Tj
ET
q
495.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
495.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 506.22 334.3892 Tm
(7.2)Tj
ET
q
519.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
519.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 530.22 334.3892 Tm
(0.3)Tj
ET
q
543.5 329.889 24 13 re
W n
0.132 0.08 0.028 0 k
543.5 342.889 24 -13 re
f
Q
BT
8 0 0 8 554.22 334.3892 Tm
(5.1)Tj
-42.09 -1.625 TD
(ICE BofA 3 Mo T-Bill Index \(TR, USD, 0\))Tj
15.872 0 TD
2.722 Tc
[(----)782(0)2747(.)2747(8)782(1)2747(.)2747(3)782(2)2747(.)]TJ
ET
q
0.2 i
471.5 316.889 19 11 re
W n
BT
8 0 0 8 487.148 321.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 506.22 321.3892 Tm
-0.025 Tc
(2.)Tj
ET
q
0.2 i
495.5 316.889 19 11 re
W n
BT
8 0 0 8 511.148 321.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 530.22 321.3892 Tm
[(0.7)-1965(0.2)]TJ
/F5 1 Tf
-39.09 -20.5861 TD
(This is a marketing communication. Please refer to the Prospectus and KIID before making any nal investment )Tj
0 -1.225 TD
(decisions. Please see Additional Notes. All performance and holdings data as at 30-Jun-22.)Tj
0 -1.2875 TD
0 Tc
[(Past performance does not predict future returns. The fund)74(s returns may increase or decrease as a result of )]TJ
0 -1.225 TD
(changes to foreign exchange rates.)Tj
/F2 1 Tf
T*
[(* 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 -1.225 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 -1.225 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 -1.225 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 24.5 350 118.1 re
W n
BT
8 0 0 8 217.5 28.8 Tm
(f)Tj
ET
Q
BT
8 0 0 8 219.724 28.8 Tm
(und and the amount of the investment would be suitable)Tj
/F2 1 Tf
22.61 0 TD
(.)Tj
ET
0.746 0.676 0.668 0.898 k
0.2 i
108.925 31.419 m
105.949 38.753 l
104.863 38.753 l
104.863 30.486 l
105.831 30.486 l
105.831 36.852 l
105.913 36.544 106.185 35.812 106.244 35.67 c
108.405 30.486 l
109.433 30.486 l
111.594 35.682 l
111.653 35.812 111.925 36.544 112.019 36.852 c
112.019 30.486 l
112.976 30.486 l
112.976 38.753 l
111.889 38.753 l
h
117.452 44.417 m
117.452 45.42 116.719 45.917 115.503 46.152 c
114.523 46.341 113.944 46.637 113.944 47.192 c
113.944 47.711 114.476 47.983 115.113 47.983 c
115.799 47.983 116.377 47.629 116.66 46.885 c
117.393 47.31 l
116.991 48.208 116.306 48.739 115.102 48.739 c
114.003 48.739 113.07 48.148 113.07 47.168 c
113.07 46.152 113.944 45.633 115.066 45.432 c
116.07 45.243 116.53 44.96 116.53 44.369 c
116.53 43.767 116.023 43.365 115.255 43.365 c
114.381 43.365 113.802 43.909 113.531 44.747 c
112.739 44.251 l
113.106 43.342 113.932 42.55 115.255 42.55 c
116.684 42.55 117.452 43.448 117.452 44.417 c
108.252 49.258 m
108.335 49.448 108.429 49.719 108.476 49.884 c
108.524 49.719 108.618 49.448 108.7 49.258 c
109.965 45.999 l
106.988 45.999 l
h
106.657 45.148 m
110.295 45.148 l
111.24 42.716 l
112.291 42.716 l
108.984 50.983 l
107.968 50.983 l
104.662 42.716 l
105.713 42.716 l
h
93.693 30.57 0.476 23.298 re
135.758 31.407 m
134.612 31.407 133.844 32.222 133.844 33.544 c
133.844 34.867 134.612 35.682 135.758 35.682 c
136.903 35.682 137.682 34.867 137.682 33.544 c
137.682 32.222 136.903 31.407 135.758 31.407 c
137.612 35.505 m
137.246 36.096 136.572 36.509 135.639 36.509 c
134.175 36.509 132.899 35.422 132.899 33.544 c
132.899 31.714 134.104 30.581 135.639 30.581 c
136.572 30.581 137.21 31.005 137.612 31.655 c
137.612 30.805 l
137.612 29.387 136.974 28.703 135.781 28.703 c
134.777 28.703 134.163 29.045 134.163 29.6 c
134.163 29.765 134.198 29.895 134.246 30.025 c
133.36 30.285 l
133.265 30.108 133.206 29.895 133.206 29.648 c
133.206 28.655 134.116 27.911 135.781 27.911 c
137.564 27.911 138.568 29.009 138.568 30.876 c
138.568 36.344 l
137.612 36.344 l
h
82.882 48.767 m
82.882 50.366 82.117 51.204 80.742 51.204 c
79.901 51.204 79.061 50.823 78.831 50.062 c
78.755 50.975 l
78.526 50.975 l
76.31 50.747 l
76.31 50.518 l
76.615 50.138 l
76.615 43.513 l
76.31 43.057 l
76.31 42.828 l
79.137 42.828 l
79.137 43.057 l
78.831 43.513 l
78.831 48.919 l
78.831 49.757 79.29 50.366 79.901 50.366 c
80.36 50.366 80.666 49.985 80.666 49.376 c
80.666 43.513 l
80.283 43.057 l
80.283 42.828 l
83.187 42.828 l
83.187 43.057 l
82.882 43.513 l
h
126.581 47.971 m
127.538 47.971 128.388 47.381 128.447 46.259 c
124.573 46.259 l
124.762 47.227 125.565 47.971 126.581 47.971 c
129.238 44.263 m
128.529 44.676 l
128.164 43.909 127.585 43.365 126.581 43.365 c
125.4 43.365 124.633 44.298 124.573 45.491 c
129.404 45.491 l
129.404 45.81 l
129.404 47.523 128.317 48.739 126.593 48.739 c
124.951 48.739 123.64 47.463 123.64 45.645 c
123.64 43.826 124.94 42.55 126.546 42.55 c
127.857 42.55 128.695 43.165 129.238 44.263 c
130.774 33.356 m
130.774 32.222 130.089 31.147 128.908 31.147 c
128.199 31.147 127.738 31.549 127.738 32.151 c
127.738 32.753 128.187 33.167 128.978 33.296 c
130.774 33.592 l
h
131.718 34.572 m
131.718 35.8 130.892 36.509 129.392 36.509 c
128.034 36.509 127.112 35.73 127.112 34.82 c
127.112 34.667 127.148 34.489 127.207 34.359 c
128.022 34.631 l
127.998 34.726 127.998 34.75 127.998 34.796 c
127.998 35.293 128.471 35.753 129.392 35.753 c
130.266 35.753 130.774 35.363 130.774 34.596 c
130.774 34.324 l
128.79 34.005 l
127.727 33.84 126.794 33.261 126.794 32.116 c
126.794 31.065 127.561 30.32 128.754 30.32 c
129.616 30.32 130.467 30.852 130.785 31.643 c
130.785 31.041 130.974 30.663 131.128 30.486 c
132.085 30.486 l
131.801 30.935 131.718 31.277 131.718 31.95 c
h
133.183 43.46 m
133.065 43.424 132.887 43.389 132.722 43.389 c
132.191 43.389 131.919 43.672 131.919 44.287 c
131.919 47.83 l
133.313 47.83 l
133.313 48.574 l
131.919 48.574 l
131.919 50.156 l
130.963 50.156 l
130.963 48.574 l
129.97 48.574 l
129.97 47.83 l
130.963 47.83 l
130.963 44.216 l
130.963 43.011 131.671 42.55 132.51 42.55 c
132.817 42.55 133.065 42.598 133.265 42.669 c
h
156.696 34.029 m
156.885 34.997 157.688 35.741 158.704 35.741 c
159.661 35.741 160.511 35.151 160.57 34.029 c
h
158.716 36.509 m
157.074 36.509 155.763 35.233 155.763 33.415 c
155.763 31.596 157.063 30.32 158.669 30.32 c
159.98 30.32 160.818 30.935 161.361 32.033 c
160.653 32.446 l
160.287 31.679 159.708 31.135 158.704 31.135 c
157.523 31.135 156.756 32.068 156.696 33.261 c
161.527 33.261 l
161.527 33.58 l
161.527 35.293 160.44 36.509 158.716 36.509 c
152.846 36.509 m
152.067 36.509 151.359 36.06 150.992 35.387 c
150.744 36.107 150.13 36.509 149.374 36.509 c
148.618 36.509 147.957 36.06 147.614 35.434 c
147.614 36.344 l
146.67 36.344 l
146.67 30.486 l
147.614 30.486 l
147.614 33.674 l
147.614 34.962 148.3 35.682 149.067 35.682 c
149.8 35.682 150.166 35.186 150.166 34.454 c
150.166 30.486 l
151.122 30.486 l
151.122 33.627 l
151.122 35.033 151.819 35.682 152.563 35.682 c
153.295 35.682 153.697 35.281 153.697 34.489 c
153.697 30.486 l
154.653 30.486 l
154.653 34.761 l
154.653 35.848 153.933 36.509 152.846 36.509 c
118.137 33.356 m
118.137 32.222 117.452 31.147 116.271 31.147 c
115.562 31.147 115.102 31.549 115.102 32.151 c
115.102 32.753 115.55 33.167 116.342 33.296 c
118.137 33.592 l
h
119.082 34.572 m
119.082 35.8 118.255 36.509 116.755 36.509 c
115.397 36.509 114.476 35.73 114.476 34.82 c
114.476 34.667 114.511 34.489 114.57 34.359 c
115.385 34.631 l
115.362 34.726 115.362 34.75 115.362 34.796 c
115.362 35.293 115.834 35.753 116.755 35.753 c
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S
BT
4.2426 4.2426 -4.2426 4.2426 391.8883 568.4332 Tm
(Fixed Income \(short\))Tj
ET
439.375 603.889 m
439.375 600.889 l
S
BT
4.2426 4.2426 -4.2426 4.2426 432.447 569.6168 Tm
(Fixed Income \(long\))Tj
ET
478.75 603.889 m
478.75 600.889 l
S
BT
4.2426 4.2426 -4.2426 4.2426 481.2406 579.0355 Tm
(Equity \(short\))Tj
ET
518.125 603.889 m
518.125 600.889 l
S
BT
4.2426 4.2426 -4.2426 4.2426 521.7993 580.2192 Tm
(Equity \(long\))Tj
ET
557.5 603.889 m
557.5 600.889 l
242.5 603.889 m
242.5 678.889 l
242.5 603.889 m
239.5 603.889 l
S
BT
6 0 0 6 223.844 603.3893 Tm
(-40.00)Tj
ET
242.5 611.389 m
239.5 611.389 l
S
BT
6 0 0 6 223.844 610.8893 Tm
(-30.00)Tj
ET
242.5 618.889 m
239.5 618.889 l
S
BT
6 0 0 6 223.844 618.3893 Tm
(-20.00)Tj
ET
242.5 626.389 m
239.5 626.389 l
S
BT
6 0 0 6 223.844 625.8893 Tm
(-10.00)Tj
ET
242.5 633.889 m
239.5 633.889 l
S
BT
6 0 0 6 228.176 633.3893 Tm
(0.00)Tj
ET
242.5 641.389 m
239.5 641.389 l
S
BT
6 0 0 6 225.513 640.8893 Tm
(10.00)Tj
ET
242.5 648.889 m
239.5 648.889 l
S
BT
6 0 0 6 225.513 648.3893 Tm
(20.00)Tj
ET
242.5 656.389 m
239.5 656.389 l
S
BT
6 0 0 6 225.513 655.8893 Tm
(30.00)Tj
ET
242.5 663.889 m
239.5 663.889 l
S
BT
6 0 0 6 225.513 663.3893 Tm
(40.00)Tj
ET
242.5 671.389 m
239.5 671.389 l
S
BT
6 0 0 6 225.513 670.8892 Tm
(50.00)Tj
ET
242.5 678.889 m
239.5 678.889 l
S
BT
6 0 0 6 225.513 678.3893 Tm
(60.00)Tj
ET
242.5 633.889 m
557.5 633.889 l
S
BT
/F5 1 Tf
8 0 0 8 217.5 303.7 Tm
-0.025 Tc
(Please see Additional Notes. All performance and holdings data as at 30-Jun-22. Past Performance does not )Tj
0 -1.225 TD
(predict future returns. The value of investments and the income derived from investments will uctuate and can go )Tj
T*
(down as well as up. A loss of capital may occur.)Tj
/F2 1 Tf
4 0 0 4 217.5 276.8 Tm
0 Tc
(\(1\))Tj
8 0 0 8 221.052 273.8 Tm
[(The ongoing charges gure is based on expenses during the previous year)70(. See details in the Key Investor Information )]TJ
-0.444 -1.225 TD
(Document. The on-going charges are the fees the fund charges to investors to cover the day-to-day costs of running the )Tj
T*
[(funds. They are taken from the fund and impacts on the fund)90(s return. Fund charges will be incurred in multiple )]TJ
T*
(currencies, meaning that payments may increase or decrease as a result of currency exchange uctuations. All charges )Tj
T*
(will be paid out by the Fund, which will impact on the overall return of the Fund.)Tj
4 0 0 4 450.252 237.6001 Tm
( \(2\))Tj
8 0 0 8 454.692 234.6001 Tm
(Fund returns are shown net of )Tj
-29.649 -1.225 TD
[(applicable 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
4 0 0 4 425.396 198.4001 Tm
( \(3\))Tj
8 0 0 8 429.836 195.4001 Tm
(The 3 Month Libor Index is quoted month-end )Tj
-26.542 -1.225 TD
(with income reinvested and, in contrast to the Portfolio, shown without the deduction of any expenses.)Tj
4 0 0 4 516.452 188.6001 Tm
( \(4\))Tj
8 0 0 8 520.892 185.6001 Tm
(Effective 31st )Tj
-37.924 -1.225 TD
[(December 2021 , the Portfolio)90(s reference benchmark changed from 3 Month Libor to ICE BofA 3month US T)74(-Bill. The ICE )]TJ
T*
(BofA 3month is quoted month-end with income reinvested and, in contrast to the Portfolio, shown without the deduction )Tj
T*
(of any expenses.)Tj
4 0 0 4 267.692 159.2 Tm
( \(5\))Tj
8 0 0 8 272.132 156.2 Tm
[(Exposure is shown as a percentage of Fund Net Asset V)37(alue. The totals for gross and net exposure )]TJ
-6.829 -1.225 TD
(may not sum due to rounding. Gross exposure and net exposure are one of the many indicators used to gauge leverage )Tj
T*
[(and market directionality \(i.e., whether the Fund is positioned long or short the market\) respectively)50(. Exposure is )]TJ
T*
(calculated using different metrics depending on the underlying instrument type. For example, for corporate bonds, loans, )Tj
T*
[(and stocks, market value is used; for sovereign bonds, 10-year U.S. T)74(reasury equivalent is used \(i.e. duration adjusted\); )]TJ
T*
(for equity and foreign exchange options, delta-adjusted notional value is used; for Credit Default Swaps, FX Forwards )Tj
T*
[(and Equity Futures, notional value is used; for options on bond futures, delta-adjusted 10-year U.S. T)74(reasury equivalent is )]TJ
T*
[(used. Exposure of all interest rate products is displayed in 10-year U.S. T)74(reasury equivalents. This adjustment helps to )]TJ
T*
(standardize exposure for interest rate instruments that have different durations and is typically considered a better )Tj
T*
(measure of economic exposure for interest rate instruments compared to notional exposure. All options positions are )Tj
T*
(displayed on a delta adjusted notional value basis i.e., the exposure is option delta * underlying notional value. Delta )Tj
T*
(adjustment is necessary to properly account for the sensitivity of options to changes in price of the underlying security as )Tj
T*
(well as for making exposure comparisons to the underlying \(measuring options exposure as premium will understate the )Tj
T*
(economic exposure and risk, while measuring exposure as notional value will overstate the economic exposure\).)Tj
ET
0.746 0.676 0.668 0.898 k
0.2 i
108.925 31.419 m
105.949 38.753 l
104.863 38.753 l
104.863 30.486 l
105.831 30.486 l
105.831 36.852 l
105.913 36.544 106.185 35.812 106.244 35.67 c
108.405 30.486 l
109.433 30.486 l
111.594 35.682 l
111.653 35.812 111.925 36.544 112.019 36.852 c
112.019 30.486 l
112.976 30.486 l
112.976 38.753 l
111.889 38.753 l
h
117.452 44.417 m
117.452 45.42 116.719 45.917 115.503 46.152 c
114.523 46.341 113.944 46.637 113.944 47.192 c
113.944 47.711 114.476 47.983 115.113 47.983 c
115.799 47.983 116.377 47.629 116.66 46.885 c
117.393 47.31 l
116.991 48.208 116.306 48.739 115.102 48.739 c
114.003 48.739 113.07 48.148 113.07 47.168 c
113.07 46.152 113.944 45.633 115.066 45.432 c
116.07 45.243 116.53 44.96 116.53 44.369 c
116.53 43.767 116.023 43.365 115.255 43.365 c
114.381 43.365 113.802 43.909 113.531 44.747 c
112.739 44.251 l
113.106 43.342 113.932 42.55 115.255 42.55 c
116.684 42.55 117.452 43.448 117.452 44.417 c
108.252 49.258 m
108.335 49.448 108.429 49.719 108.476 49.884 c
108.524 49.719 108.618 49.448 108.7 49.258 c
109.965 45.999 l
106.988 45.999 l
h
106.657 45.148 m
110.295 45.148 l
111.24 42.716 l
112.291 42.716 l
108.984 50.983 l
107.968 50.983 l
104.662 42.716 l
105.713 42.716 l
h
93.693 30.57 0.476 23.298 re
135.758 31.407 m
134.612 31.407 133.844 32.222 133.844 33.544 c
133.844 34.867 134.612 35.682 135.758 35.682 c
136.903 35.682 137.682 34.867 137.682 33.544 c
137.682 32.222 136.903 31.407 135.758 31.407 c
137.612 35.505 m
137.246 36.096 136.572 36.509 135.639 36.509 c
134.175 36.509 132.899 35.422 132.899 33.544 c
132.899 31.714 134.104 30.581 135.639 30.581 c
136.572 30.581 137.21 31.005 137.612 31.655 c
137.612 30.805 l
137.612 29.387 136.974 28.703 135.781 28.703 c
134.777 28.703 134.163 29.045 134.163 29.6 c
134.163 29.765 134.198 29.895 134.246 30.025 c
133.36 30.285 l
133.265 30.108 133.206 29.895 133.206 29.648 c
133.206 28.655 134.116 27.911 135.781 27.911 c
137.564 27.911 138.568 29.009 138.568 30.876 c
138.568 36.344 l
137.612 36.344 l
h
82.882 48.767 m
82.882 50.366 82.117 51.204 80.742 51.204 c
79.901 51.204 79.061 50.823 78.831 50.062 c
78.755 50.975 l
78.526 50.975 l
76.31 50.747 l
76.31 50.518 l
76.615 50.138 l
76.615 43.513 l
76.31 43.057 l
76.31 42.828 l
79.137 42.828 l
79.137 43.057 l
78.831 43.513 l
78.831 48.919 l
78.831 49.757 79.29 50.366 79.901 50.366 c
80.36 50.366 80.666 49.985 80.666 49.376 c
80.666 43.513 l
80.283 43.057 l
80.283 42.828 l
83.187 42.828 l
83.187 43.057 l
82.882 43.513 l
h
126.581 47.971 m
127.538 47.971 128.388 47.381 128.447 46.259 c
124.573 46.259 l
124.762 47.227 125.565 47.971 126.581 47.971 c
129.238 44.263 m
128.529 44.676 l
128.164 43.909 127.585 43.365 126.581 43.365 c
125.4 43.365 124.633 44.298 124.573 45.491 c
129.404 45.491 l
129.404 45.81 l
129.404 47.523 128.317 48.739 126.593 48.739 c
124.951 48.739 123.64 47.463 123.64 45.645 c
123.64 43.826 124.94 42.55 126.546 42.55 c
127.857 42.55 128.695 43.165 129.238 44.263 c
130.774 33.356 m
130.774 32.222 130.089 31.147 128.908 31.147 c
128.199 31.147 127.738 31.549 127.738 32.151 c
127.738 32.753 128.187 33.167 128.978 33.296 c
130.774 33.592 l
h
131.718 34.572 m
131.718 35.8 130.892 36.509 129.392 36.509 c
128.034 36.509 127.112 35.73 127.112 34.82 c
127.112 34.667 127.148 34.489 127.207 34.359 c
128.022 34.631 l
127.998 34.726 127.998 34.75 127.998 34.796 c
127.998 35.293 128.471 35.753 129.392 35.753 c
130.266 35.753 130.774 35.363 130.774 34.596 c
130.774 34.324 l
128.79 34.005 l
127.727 33.84 126.794 33.261 126.794 32.116 c
126.794 31.065 127.561 30.32 128.754 30.32 c
129.616 30.32 130.467 30.852 130.785 31.643 c
130.785 31.041 130.974 30.663 131.128 30.486 c
132.085 30.486 l
131.801 30.935 131.718 31.277 131.718 31.95 c
h
133.183 43.46 m
133.065 43.424 132.887 43.389 132.722 43.389 c
132.191 43.389 131.919 43.672 131.919 44.287 c
131.919 47.83 l
133.313 47.83 l
133.313 48.574 l
131.919 48.574 l
131.919 50.156 l
130.963 50.156 l
130.963 48.574 l
129.97 48.574 l
129.97 47.83 l
130.963 47.83 l
130.963 44.216 l
130.963 43.011 131.671 42.55 132.51 42.55 c
132.817 42.55 133.065 42.598 133.265 42.669 c
h
156.696 34.029 m
156.885 34.997 157.688 35.741 158.704 35.741 c
159.661 35.741 160.511 35.151 160.57 34.029 c
h
158.716 36.509 m
157.074 36.509 155.763 35.233 155.763 33.415 c
155.763 31.596 157.063 30.32 158.669 30.32 c
159.98 30.32 160.818 30.935 161.361 32.033 c
160.653 32.446 l
160.287 31.679 159.708 31.135 158.704 31.135 c
157.523 31.135 156.756 32.068 156.696 33.261 c
161.527 33.261 l
161.527 33.58 l
161.527 35.293 160.44 36.509 158.716 36.509 c
152.846 36.509 m
152.067 36.509 151.359 36.06 150.992 35.387 c
150.744 36.107 150.13 36.509 149.374 36.509 c
148.618 36.509 147.957 36.06 147.614 35.434 c
147.614 36.344 l
146.67 36.344 l
146.67 30.486 l
147.614 30.486 l
147.614 33.674 l
147.614 34.962 148.3 35.682 149.067 35.682 c
149.8 35.682 150.166 35.186 150.166 34.454 c
150.166 30.486 l
151.122 30.486 l
151.122 33.627 l
151.122 35.033 151.819 35.682 152.563 35.682 c
153.295 35.682 153.697 35.281 153.697 34.489 c
153.697 30.486 l
154.653 30.486 l
154.653 34.761 l
154.653 35.848 153.933 36.509 152.846 36.509 c
118.137 33.356 m
118.137 32.222 117.452 31.147 116.271 31.147 c
115.562 31.147 115.102 31.549 115.102 32.151 c
115.102 32.753 115.55 33.167 116.342 33.296 c
118.137 33.592 l
h
119.082 34.572 m
119.082 35.8 118.255 36.509 116.755 36.509 c
115.397 36.509 114.476 35.73 114.476 34.82 c
114.476 34.667 114.511 34.489 114.57 34.359 c
115.385 34.631 l
115.362 34.726 115.362 34.75 115.362 34.796 c
115.362 35.293 115.834 35.753 116.755 35.753 c
117.629 35.753 118.137 35.363 118.137 34.596 c
118.137 34.324 l
116.153 34.005 l
115.09 33.84 114.157 33.261 114.157 32.116 c
114.157 31.065 114.925 30.32 116.117 30.32 c
116.979 30.32 117.83 30.852 118.149 31.643 c
118.149 31.041 118.338 30.663 118.491 30.486 c
119.448 30.486 l
119.164 30.935 119.082 31.277 119.082 31.95 c
h
123.558 36.509 m
122.719 36.509 121.964 36.037 121.527 35.304 c
121.527 36.344 l
120.582 36.344 l
120.582 30.486 l
121.527 30.486 l
121.527 33.687 l
121.527 34.82 122.342 35.647 123.239 35.647 c
124.089 35.647 124.668 35.139 124.668 34.218 c
124.668 30.486 l
125.612 30.486 l
125.612 34.466 l
125.612 35.859 124.692 36.509 123.558 36.509 c
140.611 34.029 m
140.8 34.997 141.603 35.741 142.619 35.741 c
143.576 35.741 144.426 35.151 144.485 34.029 c
h
142.631 36.509 m
140.989 36.509 139.678 35.233 139.678 33.415 c
139.678 31.596 140.977 30.32 142.584 30.32 c
143.895 30.32 144.733 30.935 145.276 32.033 c
144.568 32.446 l
144.201 31.679 143.623 31.135 142.619 31.135 c
141.438 31.135 140.67 32.068 140.611 33.261 c
145.442 33.261 l
145.442 33.58 l
145.442 35.293 144.355 36.509 142.631 36.509 c
72.641 44.96 m
72.641 44.199 72.336 43.589 71.801 43.589 c
71.19 43.589 70.96 44.123 70.96 45.112 c
70.96 46.331 71.419 47.092 72.336 47.473 c
72.641 47.625 l
h
74.858 48.767 m
74.858 50.29 73.864 51.204 72.03 51.204 c
71.19 51.204 70.273 50.975 69.279 50.67 c
69.279 48.082 l
70.043 48.082 l
70.502 49.376 l
70.884 50.29 71.266 50.594 71.801 50.594 c
72.412 50.594 72.641 50.213 72.641 49.3 c
72.641 48.158 l
71.648 47.777 l
69.432 46.864 68.668 46.026 68.668 44.732 c
68.668 43.361 69.508 42.676 70.731 42.676 c
71.648 42.676 72.412 43.133 72.641 43.818 c
72.795 42.828 l
75.24 42.828 l
75.24 43.057 l
74.858 43.513 l
h
32.369 47.929 m
33.515 47.168 l
33.515 43.361 l
33.21 43.285 32.904 43.285 32.751 43.285 c
30.993 43.285 30.611 44.808 30.611 48.158 c
30.611 51.356 31.299 53.183 32.751 53.183 c
33.515 53.183 33.974 52.726 34.432 51.508 c
34.891 50.213 l
35.655 50.213 l
35.655 53.564 l
34.585 53.792 33.668 53.868 33.21 53.868 c
29.694 53.868 27.86 51.813 27.86 48.082 c
27.86 44.732 29.236 42.676 32.674 42.676 c
33.439 42.676 34.661 42.752 35.731 42.904 c
35.731 48.31 l
32.369 48.31 l
h
40.546 32.702 m
40.546 31.864 40.24 31.331 39.629 31.331 c
39.094 31.331 38.864 31.864 38.864 32.854 c
38.864 33.996 39.247 34.757 40.24 35.214 c
40.546 35.367 l
h
42.762 36.509 m
42.762 38.031 41.768 38.869 39.934 38.869 c
39.094 38.869 38.1 38.717 37.183 38.412 c
37.183 35.823 l
37.947 35.823 l
38.406 37.118 l
38.788 38.031 39.17 38.336 39.705 38.336 c
40.24 38.336 40.546 37.955 40.546 37.042 c
40.546 35.899 l
39.552 35.519 l
37.336 34.605 36.572 33.768 36.572 32.473 c
36.572 31.103 37.413 30.341 38.635 30.341 c
39.552 30.341 40.317 30.798 40.546 31.56 c
40.622 30.57 l
43.068 30.57 l
43.068 30.798 l
42.762 31.255 l
h
33.591 36.965 m
31.987 37.879 l
31.146 38.336 30.688 38.945 30.688 39.63 c
30.688 40.392 31.299 40.925 32.216 40.925 c
33.133 40.925 33.515 40.468 33.974 39.173 c
34.432 37.955 l
35.196 37.955 l
35.196 41.381 l
34.127 41.534 33.439 41.534 32.827 41.534 c
30.305 41.534 28.777 40.392 28.777 38.565 c
28.777 37.346 29.465 36.28 30.688 35.671 c
32.293 34.757 l
33.21 34.3 33.591 33.615 33.591 32.778 c
33.591 31.712 32.904 31.027 31.987 31.027 c
31.07 31.027 30.535 31.712 29.847 33.844 c
29.542 34.757 l
28.777 34.757 l
28.777 30.646 l
29.694 30.494 30.764 30.341 31.529 30.341 c
34.127 30.341 35.578 31.56 35.578 33.768 c
35.578 35.138 34.967 36.204 33.591 36.965 c
171.86 35.6 m
171.86 36.344 l
170.466 36.344 l
170.466 37.926 l
169.51 37.926 l
169.51 36.344 l
168.518 36.344 l
168.518 35.6 l
169.51 35.6 l
169.51 31.986 l
169.51 30.781 170.218 30.32 171.057 30.32 c
171.364 30.32 171.612 30.368 171.813 30.439 c
171.73 31.23 l
171.612 31.194 171.435 31.159 171.27 31.159 c
170.738 31.159 170.466 31.442 170.466 32.057 c
170.466 35.6 l
h
120.7 43.365 m
119.826 43.365 119.247 43.909 118.975 44.747 c
118.184 44.251 l
118.55 43.342 119.377 42.55 120.7 42.55 c
122.129 42.55 122.896 43.448 122.896 44.417 c
122.896 45.42 122.164 45.917 120.947 46.152 c
119.967 46.341 119.389 46.637 119.389 47.192 c
119.389 47.711 119.92 47.983 120.558 47.983 c
121.243 47.983 121.821 47.629 122.105 46.885 c
122.837 47.31 l
122.436 48.208 121.751 48.739 120.546 48.739 c
119.448 48.739 118.515 48.148 118.515 47.168 c
118.515 46.152 119.389 45.633 120.51 45.432 c
121.514 45.243 121.975 44.96 121.975 44.369 c
121.975 43.767 121.467 43.365 120.7 43.365 c
47.729 43.057 m
47.424 43.513 l
47.424 53.336 l
44.825 53.107 l
44.825 52.878 l
45.131 52.422 l
45.131 43.513 l
44.825 43.057 l
44.825 42.828 l
47.729 42.828 l
h
62.936 35.367 m
61.485 36.128 l
60.72 36.585 60.415 36.889 60.415 37.422 c
60.415 37.955 60.797 38.336 61.485 38.336 c
62.172 38.336 62.478 38.031 62.86 37.194 c
63.166 36.356 l
63.853 36.356 l
63.853 38.641 l
63.089 38.793 62.402 38.869 61.79 38.869 c
59.88 38.869 58.733 38.031 58.733 36.509 c
58.733 35.595 59.192 34.91 60.109 34.377 c
61.561 33.615 l
62.325 33.235 62.707 32.778 62.707 32.169 c
62.707 31.331 62.249 30.875 61.408 30.875 c
60.568 30.875 60.185 31.407 59.651 32.93 c
59.421 33.539 l
58.733 33.539 l
58.733 30.646 l
59.956 30.418 60.72 30.341 61.255 30.341 c
63.471 30.341 64.312 31.483 64.312 33.006 c
64.312 34.072 63.853 34.834 62.936 35.367 c
52.238 50.594 m
53.078 50.594 53.308 49.376 53.308 47.016 c
53.308 44.503 53.078 43.285 52.238 43.285 c
51.473 43.285 51.168 44.123 51.168 46.94 c
51.168 49.681 51.473 50.594 52.238 50.594 c
53.384 44.046 m
53.537 42.828 l
55.829 42.828 l
55.829 43.057 l
55.524 43.513 l
55.524 53.336 l
52.925 53.107 l
52.925 52.878 l
53.308 52.422 l
53.308 50.213 l
53.078 50.823 52.544 51.204 51.779 51.204 c
49.945 51.204 48.875 49.757 48.875 47.016 c
48.875 44.199 49.869 42.676 51.703 42.676 c
52.62 42.676 53.155 43.057 53.384 44.046 c
40.469 43.209 m
39.705 43.209 39.476 43.97 39.476 46.94 c
39.476 49.909 39.705 50.67 40.469 50.67 c
41.157 50.67 41.463 49.909 41.463 46.94 c
41.463 43.97 41.157 43.209 40.469 43.209 c
40.469 51.204 m
38.559 51.204 37.107 49.681 37.107 46.94 c
37.107 44.199 38.559 42.676 40.469 42.676 c
42.303 42.676 43.756 44.199 43.756 46.94 c
43.756 49.681 42.303 51.204 40.469 51.204 c
57.281 36.433 m
57.281 38.107 56.593 38.869 55.218 38.869 c
54.378 38.869 53.613 38.565 53.308 37.803 c
53.308 41.077 l
50.71 40.849 l
50.71 40.62 l
51.092 40.163 l
51.092 31.255 l
50.71 30.798 l
50.71 30.57 l
53.613 30.57 l
53.613 30.798 l
53.308 31.255 l
53.308 36.661 l
53.308 37.499 53.766 38.031 54.378 38.031 c
54.836 38.031 55.065 37.651 55.065 37.042 c
55.065 31.255 l
54.759 30.798 l
54.759 30.57 l
57.663 30.57 l
57.663 30.798 l
57.281 31.255 l
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67.445 48.767 m
67.445 50.366 66.758 51.204 65.458 51.204 c
64.465 51.204 63.7 50.67 63.395 49.909 c
63.089 50.747 62.478 51.204 61.485 51.204 c
60.568 51.204 59.803 50.823 59.498 50.062 c
59.421 50.975 l
59.268 50.975 l
57.052 50.747 l
57.052 50.518 l
57.358 50.138 l
57.358 43.513 l
57.052 43.057 l
57.052 42.828 l
59.88 42.828 l
59.88 43.057 l
59.574 43.513 l
59.574 48.919 l
59.574 49.757 59.956 50.366 60.568 50.366 c
61.026 50.366 61.255 49.909 61.255 49.376 c
61.255 43.513 l
60.949 43.057 l
60.949 42.828 l
63.853 42.828 l
63.853 43.057 l
63.548 43.513 l
63.548 48.919 l
63.548 49.757 63.93 50.366 64.465 50.366 c
65 50.366 65.229 49.909 65.229 49.376 c
65.229 43.513 l
64.924 43.057 l
64.924 42.828 l
67.751 42.828 l
67.751 43.057 l
67.445 43.513 l
h
47.729 31.179 m
46.812 31.179 46.43 32.092 46.43 34.529 c
46.43 37.499 46.888 38.336 47.576 38.336 c
47.958 38.336 48.264 38.031 48.646 36.813 c
48.952 35.823 l
49.716 35.823 l
49.716 38.565 l
49.028 38.793 48.188 38.869 47.653 38.869 c
45.36 38.869 44.061 37.422 44.061 34.605 c
44.061 31.94 45.207 30.341 47.271 30.341 c
48.57 30.341 49.258 30.951 49.792 32.321 c
49.334 32.549 l
48.875 31.56 48.417 31.179 47.729 31.179 c
165.731 36.509 m
164.892 36.509 164.136 36.037 163.699 35.304 c
163.699 36.344 l
162.755 36.344 l
162.755 30.486 l
163.699 30.486 l
163.699 33.687 l
163.699 34.82 164.514 35.647 165.412 35.647 c
166.262 35.647 166.841 35.139 166.841 34.218 c
166.841 30.486 l
167.786 30.486 l
167.786 34.466 l
167.786 35.859 166.864 36.509 165.731 36.509 c
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(Goldman Sachs Global Absolute Return Portfolio)Tj
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(Important Risk Considerations)Tj
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/F5 1 Tf
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(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 -1.2875 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 -1.2875 TD
(they may be converted into shares of the issuing company which may also have suffered a loss in value.)Tj
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()Tj
/F5 1 Tf
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(Correlation risk)Tj
/F1 1 Tf
8 0 0 8 91.3305 696.4893 Tm
( the link between the value of the Portfolio and oil, gas and energy prices may vary signicantly, particularly over short peri)Tj
48.985 0 TD
(ods of time. An )Tj
-55.7138 -1.2875 TD
(investment in the Portfolio should not be used to obtain exposure to movement in the price of oil.)Tj
/F6 1 Tf
6 0 0 6 27.5 674.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Counterparty risk)Tj
/F1 1 Tf
8 0 0 8 96.9915 674.3892 Tm
( a party that the Portfolio transacts with may fail to meet its obligations which could cause losses.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Credit risk)Tj
/F1 1 Tf
8 0 0 8 73.387 662.5892 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 -1.2875 TD
(Portfolio.)Tj
/F6 1 Tf
6 0 0 6 27.5 640.4893 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 640.4893 Tm
0 0 0 1 k
(Custodian risk)Tj
/F1 1 Tf
8 0 0 8 87.0805 640.4893 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 -1.2875 TD
(in loss to the Portfolio.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Derivatives risk)Tj
/F1 1 Tf
8 0 0 8 91.7895 618.3893 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 -1.2875 TD
(losses greater than the amount originally invested.)Tj
/F6 1 Tf
6 0 0 6 27.5 596.2892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Emerging markets risk)Tj
/F1 1 Tf
8 0 0 8 114.9265 596.2892 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 -1.2875 TD
(economic structures, protection and stability as well as uncertain tax positions.)Tj
/F6 1 Tf
6 0 0 6 27.5 574.1892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Exchange rate risk)Tj
/F1 1 Tf
8 0 0 8 102.185 574.1892 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 -1.2875 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 -1.2875 TD
(additional risks associated with derivatives.)Tj
/F6 1 Tf
6 0 0 6 27.5 541.7892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(High yield risk)Tj
/F1 1 Tf
8 0 0 8 87.548 541.7892 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 -1.2875 TD
(developments, giving rise to greater price movement than lower yielding instruments.)Tj
/F6 1 Tf
6 0 0 6 27.5 519.6892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 519.6892 Tm
0 0 0 1 k
(Interest rate risk)Tj
/F1 1 Tf
8 0 0 8 94.6285 519.6892 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 -1.2875 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 27.5 497.5892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 497.5892 Tm
0 0 0 1 k
(Leverage risk)Tj
/F1 1 Tf
8 0 0 8 84.233 497.5892 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 -1.2875 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 -1.2875 TD
(including the risk that losses may be substantial.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Liquidity risk)Tj
/F1 1 Tf
8 0 0 8 82.3545 465.1892 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 -1.2875 TD
(meet redemption requests on demand.)Tj
/F6 1 Tf
6 0 0 6 27.5 443.0893 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 443.0893 Tm
0 0 0 1 k
(Market risk)Tj
/F1 1 Tf
8 0 0 8 77.6285 443.0893 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 27.5 431.2892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Operational risk)Tj
/F1 1 Tf
8 0 0 8 93.2175 431.2892 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 27.5 419.4892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 419.4892 Tm
0 0 0 1 k
(Real estate risk)Tj
/F1 1 Tf
8 0 0 8 91.3305 419.4892 Tm
( the Portfolio primarily invests in a very specic sector of the economy which can be particularly exposed to a downturn in mac)Tj
50.708 0 TD
(ro economic )Tj
-57.4368 -1.2875 TD
(conditions or particular conditions affecting the property market.)Tj
/F6 1 Tf
6 0 0 6 27.5 397.3892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 397.3892 Tm
0 0 0 1 k
(Writing \(selling\) call options)Tj
/F1 1 Tf
8 0 0 8 136.202 397.3892 Tm
( in exchange for upfront cash at the time of selling the call option, the Portfolio may be limited to prot from an increase in)Tj
48.49 0 TD
( the market )Tj
-60.8278 -1.2875 TD
(value of stocks. In a rising market, the Portfolio could signicantly underperform the market, and the Portfolio's options stra)Tj
49.127 0 TD
(tegies may not fully protect it against )Tj
-49.127 -1.2875 TD
(declines in the value of the market.)Tj
/F6 1 Tf
6 0 0 6 27.5 364.9892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 364.9892 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 364.9892 Tm
( the mortgages backing MBS and assets backing ABS may be repaid earlier )Tj
-34.1711 -1.2875 TD
(than required, resulting in a lower return.)Tj
/F6 1 Tf
6 0 0 6 27.5 342.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F1 1 Tf
8 0 0 8 37.5 342.8892 Tm
0 0 0 1 k
(Complete information on the risks of investing in the fund are set out in the funds prospectus.)Tj
/F5 1 Tf
8.5 0 0 8.5 27.5 272.8893 Tm
0.53 0.32 0.11 0 k
(Glossary)Tj
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()Tj
/F5 1 Tf
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(Beta)Tj
/F1 1 Tf
8 0 0 8 53.5565 243.8893 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 -1.2875 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
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Commissions)Tj
/F1 1 Tf
8 0 0 8 83.298 221.7893 Tm
( Total amount paid to executing brokers in relation to dealing in buying and selling of investments in the Fund during year e)Tj
49.487 0 TD
(nding 30 November 2021.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Excess returns)Tj
/F1 1 Tf
8 0 0 8 88.483 209.9893 Tm
( The return on a portfolio in excess of the benchmark/index return \(annualised\).)Tj
/F6 1 Tf
6 0 0 6 27.5 198.1893 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 198.1893 Tm
0 0 0 1 k
(Historical tracking error)Tj
/F1 1 Tf
8 0 0 8 121.072 198.1893 Tm
( Measure of the actual deviation of the funds returns from the comparative benchmark index returns \(annualised\). A higher nu)Tj
51.155 0 TD
(mber )Tj
-61.6015 -1.2875 TD
(means that the fund is taking greater risk against the benchmark.)Tj
/F6 1 Tf
6 0 0 6 27.5 176.0893 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 176.0893 Tm
0 0 0 1 k
(Historical Volatility of Portfolio)Tj
/F1 1 Tf
8 0 0 8 144.7105 176.0893 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 -1.2875 TD
(funds return is over time. The higher the number the more volatile the funds returns.)Tj
/F6 1 Tf
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0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
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0 0 0 1 k
(Net Asset Value)Tj
/F1 1 Tf
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( 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 27.5 142.1892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 142.1892 Tm
0 0 0 1 k
(Ongoing Charges)Tj
/F1 1 Tf
8 0 0 8 96.524 142.1892 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 -1.2875 TD
(performance fees incurred by the fund.)Tj
/F6 1 Tf
6 0 0 6 27.5 120.0892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 120.0892 Tm
0 0 0 1 k
(Other Expenses)Tj
/F1 1 Tf
8 0 0 8 91.322 120.0892 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 -1.2875 TD
(investing in other funds.)Tj
/F6 1 Tf
6 0 0 6 27.5 97.9892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 97.9892 Tm
0 0 0 1 k
(Other Costs)Tj
/F1 1 Tf
8 0 0 8 77.161 97.9892 Tm
( Total amount of costs incurred by the Fund outside Commissions during year ending 30 November 2021. These may include, but n)Tj
52.262 0 TD
(ot limited to, market )Tj
-57.2196 -1.2875 TD
(fees and local taxes.)Tj
/F6 1 Tf
6 0 0 6 27.5 75.8892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 75.8892 Tm
0 0 0 1 k
(R)Tj
/F2 1 Tf
4 0 0 4 42.226 79.3892 Tm
(2)Tj
/F1 1 Tf
8 0 0 8 44.002 75.8892 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 -1.2875 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 53.7892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 53.7892 Tm
0 0 0 1 k
(Swing pricing)Tj
/F1 1 Tf
8 0 0 8 86.1455 53.7892 Tm
( The swing factor represents the factor in place month end and is subject to change on any Dealing Day depending on prevailin)Tj
51.433 0 TD
(g market conditions.)Tj
/F6 1 Tf
6 0 0 6 27.5 41.9892 Tm
0.53 0.32 0.11 0 k
()Tj
/F5 1 Tf
8.5 0 0 8.5 37.5 41.9892 Tm
0 0 0 1 k
(Transactions costs)Tj
/F1 1 Tf
8 0 0 8 102.6525 41.9892 Tm
( Total trading costs of transactions incurred by the fund, including Commissions during year ending 30 November 2021. Does no)Tj
51.429 0 TD
(t include trading )Tj
-59.573 -1.2875 TD
(spreads incurred on transactions.)Tj
0.53 0.32 0.11 0 k
22.722 -2.1487 TD
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(Additional Notes)Tj
8 0 0 8 27.5 773.8892 Tm
0 0 0 1 k
-0.0375 Tc
(This material is a nancial promotion and has been issued by Goldman Sachs International, authorised by the Prudential Regulati)Tj
46.6155 0 TD
(on Authority and regulated by the Financial Conduct )Tj
-46.6155 -1.25 TD
(Authority and the Prudential Regulation Authority.)Tj
0 -1.3125 TD
(Furthermore, this information should not be construed as nancial research. It was not prepared in compliance with applicable p)Tj
46.5585 0 TD
(rovisions of law designed to promote the independence )Tj
-46.5585 -1.25 TD
(of nancial analysis and is not subject to a prohibition on trading following the distribution of nancial research.)Tj
0 -1.3125 TD
(This information is intended for viewing only by the intended recipient and may not be reproduced or distributed to any person )Tj
45.6695 0 TD
(in whole or in part without the prior written consent of GSI. )Tj
-45.6695 -1.25 TD
(Goldman Sachs International accepts no liability for the misuse or inappropriate distribution of this material.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
(Offering Documents)Tj
/F1 1 Tf
7.4925 0 TD
-0.0375 Tc
(: This material is provided at your request for informational purposes only and does not constitute a solicitation in any juris)Tj
43.8896 0 TD
(diction in which such a solicitation is )Tj
-51.3821 -1.25 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
45.2265 0 TD
(onstitute an offer to buy shares in the fund. Prior to an )Tj
-45.2265 -1.25 TD
(investment, prospective investors should carefully read the latest Key Investor Information Document \(KIID\) as well as the offe)Tj
45.6715 0 TD
(ring documentation, including but not limited to the funds )Tj
-45.6715 -1.25 TD
(prospectus which contains inter alia a comprehensive disclosure of applicable risks. The relevant articles of association, pros)Tj
45.4995 0 TD
(pectus, supplement, KIID and latest annual/semi-annual )Tj
-45.4995 -1.25 TD
(report are available free of charge from the funds paying and information agent and/or from your nancial adviser.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
(Distribution of Shares)Tj
/F1 1 Tf
8.1455 0 TD
-0.0375 Tc
(: Shares of the fund may not be registered for public distribution in a number of jurisdictions \(including but not limited to a)Tj
43.5046 0 TD
(ny Latin American, African or Asian )Tj
-51.6501 -1.25 TD
(countries\). Therefore, the shares of the fund must not be marketed or offered in or to residents of any such jurisdictions unle)Tj
44.7255 0 TD
(ss such marketing or offering is made in compliance with )Tj
-44.7255 -1.25 TD
(applicable exemptions for the private placement of collective investment schemes and other applicable jurisdictional rules and )Tj
46.0585 0 TD
(regulations.)Tj
/F5 1 Tf
-46.0585 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Investment Advice and Potential Loss)Tj
/F1 1 Tf
14.04 0 TD
-0.0375 Tc
0 Tw
(: Financial advisers generally suggest a diversied portfolio of investments. The fund described herein does not represent a di)Tj
45.3336 0 TD
(versied investment )Tj
-59.3736 -1.25 TD
(by itself. This material must not be construed as investment or tax advice. Prospective investors should consult their nancial)Tj
45.1675 0 TD
( and tax adviser before investing in order to determine )Tj
-45.1675 -1.25 TD
(whether an investment would be suitable for them.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(An investor should only invest if he/she has the necessary nancial resources to bear a complete loss of this investment.)Tj
T*
(Swing Pricing)Tj
/F1 1 Tf
5.3728 0 TD
-0.0375 Tc
0 Tw
(: Please note that the fund operates a swing pricing policy. Investors should be aware that from time to time this may result i)Tj
44.6696 0 TD
(n the fund performing differently compared to )Tj
ET
q
1 i
27.5 576.389 540 20.5 re
W n
BT
8 0 0 8 27.5 580.3892 Tm
0 Tc
(t)Tj
ET
Q
BT
8 0 0 8 29.424 580.3892 Tm
(he reference benchmark based solely on the effect of swing pricing rather than price developments of underlying instruments.)Tj
-0.2405 -1.3125 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
47.2805 0 TD
(arter.)Tj
-47.2805 -1.3125 TD
(Additional information is provided in our Form ADV Part-2 which is available at http://www.adviserinfo.sec.gov/IAPD/Content/Sea)Tj
46.7275 0 TD
(rch/iapd_Search.aspx.)Tj
/F5 1 Tf
-46.7275 -1.3125 TD
-0.0313 Tc
(Documents providing further detailed information about the fund, including the articles of association, prospectus, supplement )Tj
47.4163 0 TD
(and key investor information document \(KIID\), )Tj
-47.4163 -1.25 TD
0.0001 Tw
(annual/semi-annual report \(as applicable\), and a summary of your investor rights, are available free of charge in English langu)Tj
47.0793 0 TD
0 Tw
(age and, as required, in your local language by )Tj
-47.0793 -1.25 TD
(navigating to your local language landing page via https://www.gsam.com/content/gsam/ain/en/advisors/literature-and-forms/liter)Tj
48.9733 0 TD
(ature.html, and also from the funds paying and )Tj
-48.9733 -1.25 TD
0.0001 Tw
(information agents as listed below. If GSAMFSL, the management company, decides to terminate its arrangement for marketing the )Tj
49.1923 0 TD
0 Tw
(fund in any EEA country where it is registered for )Tj
-49.1923 -1.25 TD
0.0001 Tw
(sale, it will do so in accordance with the relevant UCITS rules.)Tj
0 -1.3125 TD
0 Tw
(Austria)Tj
/F1 1 Tf
2.7253 0 TD
-0.0375 Tc
(: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Wien, Austria.)Tj
/F5 1 Tf
-2.7253 -1.3125 TD
-0.0313 Tc
(Belgium)Tj
/F1 1 Tf
3.1702 0 TD
-0.0375 Tc
(: RBC Investor Services, Place Rogier II, 1210 Brussels, Belgium.)Tj
/F5 1 Tf
-3.1702 -1.3125 TD
-0.0313 Tc
(Denmark)Tj
/F1 1 Tf
3.4473 0 TD
-0.0375 Tc
(: Stockrate Asset Management, Mollevej 9 E2, DK-2990 Niva, Denmark.)Tj
/F5 1 Tf
-3.4473 -1.3125 TD
-0.0313 Tc
(France)Tj
/F1 1 Tf
2.5895 0 TD
-0.0375 Tc
(: RBC Investor Services Bank France, 105, rue Raumur, 75002 Paris, France.)Tj
/F5 1 Tf
-2.5895 -1.3125 TD
-0.0313 Tc
(Germany)Tj
/F1 1 Tf
3.3912 0 TD
-0.0375 Tc
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Munich, Germany.)Tj
/F5 1 Tf
-3.3912 -1.3125 TD
-0.0313 Tc
(Greece)Tj
/F1 1 Tf
2.7565 0 TD
-0.0375 Tc
(: Piraeus Bank S.A., 4 Amerikis Street, 10564 Athens, Greece.)Tj
/F5 1 Tf
-2.7565 -1.3125 TD
-0.0313 Tc
(Ireland)Tj
/F1 1 Tf
2.6702 0 TD
-0.0375 Tc
(: RBC Investor Services Ireland Limited, George's Quay House, 43 Townsend Street, Dublin 2, Ireland.)Tj
/F5 1 Tf
-2.6702 -1.3125 TD
-0.0313 Tc
(Italy)Tj
/F1 1 Tf
1.6217 0 TD
-0.0375 Tc
(: Socit Gnrale Securities Services, Maciachini Center MAC 2, Via Benigno Crespi, 19/A, 20159 Milan, Italy; AllFunds Bank )Tj
46.0556 0 TD
(S.A. Filiale di Milano, Via Santa Margherita 7, 20121 )Tj
-47.6773 -1.25 TD
(Milan, Italy; RBC Investor Services Bank Milan- Milan Branch, Cia Vittor Pisani, 26, 20154 Milan, Italy; State Street Bank S.pA)Tj
44.8905 0 TD
(., Via Col Moschin, 16 , 20136 Milan, Italy; BNP Paribas )Tj
-44.8905 -1.25 TD
(Securities Services Succursale di Milano, Via Ansperto 5, 20121 Milan, Italy; Banca Sella, Piazza Gaudenzio Sella 1, 13900 Bie)Tj
45.6665 0 TD
(lla Bl., Italy.)Tj
/F5 1 Tf
-45.6665 -1.3125 TD
-0.0313 Tc
(Luxembourg)Tj
/F1 1 Tf
4.6865 0 TD
-0.0375 Tc
(: State Street Bank International GmbH, Luxembourg Branch, 49, avenue J.F. Kennedy, L-1855 Luxembourg.)Tj
/F5 1 Tf
-4.6865 -1.3125 TD
-0.0313 Tc
(Poland:)Tj
/F1 1 Tf
2.8372 0 TD
-0.0375 Tc
( Bank Pekao S.A, Zwirki i Wigury str. 31, 00-844 Warszawa.)Tj
/F5 1 Tf
-2.8372 -1.3125 TD
-0.0313 Tc
(Slovenia:)Tj
/F1 1 Tf
3.4968 0 TD
-0.0375 Tc
( NOVA KBM d.d registered ofce at Ulica Vita Kraigherja 4, 2000 Maribor, Slovenia.)Tj
/F5 1 Tf
-3.4968 -1.3125 TD
-0.0313 Tc
(Sweden)Tj
/F1 1 Tf
3.1465 0 TD
-0.0375 Tc
(: Skandinaviska Enskilda Banken AB, through its entity Global Transaction Services, SEB Merchant Banking, Sergels Torg 2, ST MH)Tj
47.5566 0 TD
(1, SE-106 40 Stockholm, Sweden.)Tj
/F5 1 Tf
-50.7031 -1.3125 TD
-0.0313 Tc
(Switzerland)Tj
/F1 1 Tf
4.5462 0 TD
-0.0375 Tc
(: Swiss Representative of the fund is First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. Paying Agent of the fu)Tj
45.2796 0 TD
(nd in Switzerland is Goldman Sachs Bank AG, )Tj
-49.8258 -1.25 TD
(Claridenstrasse 25, 8022 Zurich. The Key Investor Information Document \(KIID\) as well as the annual and semi-annual reports of )Tj
46.3355 0 TD
(the fund may be obtained free of charge at the Swiss )Tj
-46.3355 -1.25 TD
(Representative or Goldman Sachs Bank AG in Zurich.)Tj
0 -1.3125 TD
(Please note in addition for:)Tj
/F5 1 Tf
T*
-0.0313 Tc
(Australia)Tj
/F1 1 Tf
3.4408 0 TD
-0.0375 Tc
(: This material is distributed in Australia and New Zealand by Goldman Sachs Asset Management Australia Pty Ltd ABN 41 006 099 )Tj
47.3326 0 TD
(681, AFSL 228948 \(GSAMA\) and is intended )Tj
-50.7733 -1.25 TD
(for viewing only by wholesale clients in Australia for the purposes of section 761G of the Corporations Act 2001 \(Cth\) and to c)Tj
44.8905 0 TD
(lients who either fall within any or all of the categories of )Tj
-44.8905 -1.25 TD
(investors set out in section 3\(2\) or sub-section 5\(2CC\) of the Securities Act 1978 \(NZ\).)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Hong Kong)Tj
/F1 1 Tf
4.1077 0 TD
-0.0375 Tc
0 Tw
(: This material has been issued or approved for use in or from Hong Kong by Goldman Sachs Asset Management \(Hong Kong\) Limited.)Tj
/F5 1 Tf
-4.1077 -1.3125 TD
-0.0313 Tc
(Netherlands)Tj
/F1 1 Tf
4.6562 0 TD
-0.0375 Tc
(: The fund is included in the register kept by the Stichting Autoriteit Financile Markten.)Tj
/F5 1 Tf
-4.6562 -1.3125 TD
-0.0313 Tc
(Singapore)Tj
/F1 1 Tf
3.8858 0 TD
-0.0375 Tc
(: This material has been issued or approved for use in or from Singapore by Goldman Sachs Asset Management \(Singapore\) Pte. Ltd)Tj
47.8366 0 TD
(. \(Company Number: 201329851H\).)Tj
/F5 1 Tf
-51.7223 -1.3125 TD
-0.0313 Tc
(Spain)Tj
/F1 1 Tf
2.1778 0 TD
-0.0375 Tc
(: The fund is a foreign UCITS registered with the CNMV registry with number 141 \(SICAV\), 913 \(SICAV II\), 305 \(PLC\). A full desc)Tj
45.2296 0 TD
(ription and KIID for the fund and other mandatory )Tj
-47.4073 -1.25 TD
(documentation is available free of charge from any of the authorised distributors of the fund listed in the Comisin Nacional d)Tj
45.1165 0 TD
(el Mercado de Valores \(CNMV\) webpage at )Tj
-45.1165 -1.25 TD
(www.cnmv.es.)Tj
/F5 1 Tf
0 -15.75 TD
-0.0313 Tc
(Condentiality)Tj
/F1 1 Tf
0 -1.3125 TD
-0.025 Tc
(No part of this material may, without GSAMs prior written consent, be \(i\) copied, photocopied or duplicated in any form, by an)Tj
47.036 0 TD
(y means, or \(ii\) distributed to any person that is not an )Tj
-47.036 -1.25 TD
(employee, ofcer, director, or authorized agent of the recipient.)Tj
0 -1.3125 TD
( 2022 Goldman Sachs. All rights reserved.)Tj
T*
(Registered and Principal Ofces:)Tj
/F5 1 Tf
12.309 0 TD
-0.0313 Tc
( Luxembourg domiciled Funds Registered Ofce:)Tj
/F1 1 Tf
18.1468 0 TD
-0.025 Tc
( c/o State Street Bank International GmbH, Luxembourg Branch, 49, Avenue J-F Kennedy L-1855, )Tj
-30.4558 -1.25 TD
(Luxembourg)Tj
0 -1.3125 TD
(Any reference to a national regulator is for information purposes only and should not be construed as an endorsement, or otherw)Tj
48.257 0 TD
(ise, by that regulator as to the merits on investing in )Tj
ET
q
1 i
27.5 27.389 540 20.5 re
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8 0 0 8 27.5 31.3892 Tm
0 Tc
(t)Tj
ET
Q
BT
8 0 0 8 29.524 31.3892 Tm
(he fund.)Tj
0.53 0.32 0.11 0 k
23.719 -2.1112 TD
0 Tc
(4)Tj
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