%PDF-1.3
%
1 0 obj
<>stream
application/pdfdataActive
Apple pstopdfVersion=1.4;GeneratorContact=am-it-camra-support@gs.com;DocumentType=MR;Language=es;ShareClass=LU0302287312;RecordDate=2024-01-31;PublicationCountry=ES;ModificationDate=2024-02-22;
2024-02-22T10:31:31Z2024-02-23T14:30:54-05:00
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]/ExtGState<>/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
(PV100701)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 Emerging Markets Debt Local )Tj
0 -1.2632 TD
(Portfolio)Tj
/F2 1 Tf
14 0 0 14 33.5 743.3892 Tm
0.53 0.32 0.11 0 k
-0.0071 Tc
(Un subfondo de 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
399.5 807.389 80 -30.5 re
f
q
0.6 i
399.5 784.889 80 22.5 re
W n
399.5 807.389 80 -22.5 re
f
Q
BT
/F1 1 Tf
9 0 0 9 399.5 800.3892 Tm
1 0.84 0.31 0.17 k
0 Tc
(Overall Morningstar )Tj
0 -1.2222 TD
(Rating)Tj
4.5 0 0 4.5 422.504 792.8892 Tm
( TM)Tj
ET
q
0.6 i
399.5 776.889 80 8 re
W n
0.53 0.32 0.11 0 k
399.5 784.889 80 -8 re
f
Q
0 0 0 0 k
0.2 i
413.894 781.889 m
417.063 781.889 l
414.51 779.975 l
415.5 776.938 l
412.959 778.809 l
410.417 776.938 l
411.418 779.975 l
408.844 781.889 l
412.002 781.889 l
412.959 784.848 l
f
q
399.5 776.889 27 8 re
W n
402.658 781.89 m
399.5 781.89 l
402.074 779.976 l
401.073 776.939 l
403.615 778.81 l
406.156 776.939 l
405.166 779.976 l
407.719 781.89 l
404.55 781.89 l
403.615 784.848 l
f
423.331 781.89 m
426.5 781.89 l
423.947 779.976 l
424.937 776.939 l
422.396 778.81 l
419.854 776.939 l
420.855 779.976 l
418.281 781.89 l
421.439 781.89 l
422.396 784.849 l
f
Q
0.79 0.18 1 0.04 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
0.395 0.09 0.5 0.02 k
-0.0222 Tc
(01)Tj
ET
0.79 0.18 1 0.04 k
524 814.389 42.5 -58.5 re
f
BT
36 0 0 36 524 777.3892 Tm
0 0 0 0 k
(24)Tj
ET
q
0.6 i
481.5 728.389 85 40 re
W n
0.79 0.18 1 0.04 k
481.5 768.389 85 -40 re
f
Q
BT
10 0 0 10 491.5 760.3892 Tm
0 Tc
(Gua mensual )Tj
0 -1.3 TD
[(de f)20(ondos de )]TJ
T*
[(in)20(v)20(ersin)]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
-0.015 Tc
(Perl del inversor)Tj
/F5 1 Tf
6.5 0 0 6.5 112.16 706.0892 Tm
0 Tc
(\(1\))Tj
9 0 0 9 27.5 686.3893 Tm
1 0.84 0.31 0.17 k
(Objetivo de inversin)Tj
/F1 1 Tf
8 0 0 8 27.5 675.8893 Tm
0.53 0.32 0.11 0 k
(Renta con cierta revalorizacin del capital)Tj
/F5 1 Tf
9 0 0 9 27.5 660.8893 Tm
1 0.84 0.31 0.17 k
(Posicin en su cartera de inversin total*)Tj
/F1 1 Tf
8 0 0 8 27.5 650.3893 Tm
0.53 0.32 0.11 0 k
(El fondo puede complementar su cartera de )Tj
0 -1.25 TD
(inversin.)Tj
/F5 1 Tf
9 0 0 9 27.5 625.3892 Tm
1 0.84 0.31 0.17 k
(El fondo est diseado para:)Tj
/F1 1 Tf
8 0 0 8 27.5 614.8892 Tm
0.53 0.32 0.11 0 k
(El fondo est diseado para inversores que buscan )Tj
T*
(exposicin a divisas y bonos con grado de inversin )Tj
T*
(y high yield de mercados emergentes. Los bonos )Tj
T*
(pueden estar denominados en divisas de mercados )Tj
T*
(desarrollados o emergentes, con la mayor parte de )Tj
T*
(su riesgo cambiario en estos ltimos. Aunque el )Tj
T*
(fondo trata de lograr su objetivo de inversin, los )Tj
T*
(inversores deben tener en cuenta que es posible que )Tj
T*
(no se materialice y asumir que parte o la totalidad de )Tj
T*
(la inversin est en riesgo. Para obtener ms )Tj
T*
(informacin acerca de los riesgos especcos )Tj
T*
(relacionados con el fondo, consulte el apartado )Tj
T*
(sobre las consideraciones de riesgo.)Tj
ET
q
0.6 i
27.5 469.889 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 486.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 475.3892 Tm
0 0 0 0 k
-0.015 Tc
(Cifras del Fondo)Tj
/F2 1 Tf
8 0 0 8 32.5 458.3892 Tm
0 0 0 1 k
-0.025 Tc
[(Nmero de posiciones)-11192(102)]TJ
ET
q
0.6 i
27.5 440.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 453.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 445.3892 Tm
(% en 10 mayores posiciones)Tj
ET
q
0.6 i
162.5 440.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 453.889 35 -13 re
f
Q
BT
8 0 0 8 185.796 445.3892 Tm
0 Tc
(2)Tj
ET
q
162.5 440.889 30 11 re
W n
BT
8 0 0 8 189.148 445.3892 Tm
(4)Tj
ET
Q
BT
8 0 0 8 32.5 432.3893 Tm
-0.025 Tc
[(Volatilidad histrica - 3 aos)-8969(7.03)]TJ
ET
q
0.6 i
27.5 414.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 427.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 419.3892 Tm
(Error de seguimiento histrico - 3 aos)Tj
ET
q
0.6 i
162.5 414.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 427.889 35 -13 re
f
Q
BT
8 0 0 8 180.868 419.3892 Tm
(2.40)Tj
-18.546 -1.625 TD
[(Rendimiento excedente - 3 aos)-7692(0.62)]TJ
ET
0.132 0.08 0.028 0 k
27.5 401.889 135 -13 re
f
BT
8 0 0 8 32.5 393.3893 Tm
0 0 0 1 k
(R cuadrado - 3 aos)Tj
ET
0.132 0.08 0.028 0 k
162.5 401.889 35 -13 re
f
BT
8 0 0 8 180.868 393.3893 Tm
0 0 0 1 k
(0.89)Tj
-18.546 -1.625 TD
[(Beta - 3 aos)-14096(0.9)]TJ
ET
q
162.5 375.889 30 11 re
W n
BT
8 0 0 8 189.148 380.3892 Tm
0 Tc
(4)Tj
ET
Q
q
0.6 i
27.5 362.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 375.889 135 -13 re
f
Q
BT
8 0 0 8 32.5 367.3892 Tm
(Ajuste por dilucin \(swing pricing, %\))Tj
ET
q
0.6 i
162.5 362.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 375.889 35 -13 re
f
Q
BT
8 0 0 8 40.5 354.3892 Tm
[(Suscripcin \(%\))-12312(0.21)]TJ
ET
0.132 0.08 0.028 0 k
27.5 349.889 135 -13 re
f
BT
8 0 0 8 40.5 341.3892 Tm
0 0 0 1 k
(Reembolso \(%\))Tj
ET
0.132 0.08 0.028 0 k
162.5 349.889 35 -13 re
f
BT
8 0 0 8 180.868 341.3892 Tm
0 0 0 1 k
(0.21)Tj
-18.546 -1.625 TD
[(Cargo inicial de ventas: mximo \(%\))-6483(0.00)]TJ
ET
0.132 0.08 0.028 0 k
27.5 323.889 135 -13 re
f
BT
8 0 0 8 32.5 315.3892 Tm
0 0 0 1 k
(Tasa de comisin de rendimiento \(%\))Tj
ET
0.132 0.08 0.028 0 k
162.5 323.889 35 -13 re
f
BT
8 0 0 8 181.1 315.3892 Tm
0 0 0 1 k
(N/)Tj
ET
q
162.5 310.889 30 11 re
W n
BT
8 0 0 8 188.252 315.3892 Tm
0 Tc
(A)Tj
ET
Q
BT
8 0 0 8 32.5 302.3892 Tm
(Gastos corrientes \(%\))Tj
4 0 0 4 90.508 305.8892 Tm
-0.05 Tc
(\(2\))Tj
8 0 0 8 180.868 302.3892 Tm
-0.025 Tc
(0.8)Tj
ET
q
162.5 297.889 30 11 re
W n
BT
8 0 0 8 189.148 302.3892 Tm
0 Tc
(4)Tj
ET
Q
q
0.6 i
27.5 284.889 135 13 re
W n
0.132 0.08 0.028 0 k
27.5 297.889 135 -13 re
f
Q
BT
8 0 0 8 40.5 289.3892 Tm
(Comisin de gestin \(%\))Tj
ET
q
0.6 i
162.5 284.889 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 297.889 35 -13 re
f
Q
BT
8 0 0 8 180.868 289.3892 Tm
(0.70)Tj
-17.546 -1.625 TD
[(Cargo de distribucin \(%\))-9065(0.00)]TJ
ET
0.132 0.08 0.028 0 k
27.5 271.889 135 -13 re
f
BT
8 0 0 8 40.5 263.3892 Tm
0 0 0 1 k
(Otros gastos \(%\))Tj
ET
0.132 0.08 0.028 0 k
162.5 271.889 35 -13 re
f
BT
8 0 0 8 180.868 263.3892 Tm
0 0 0 1 k
(0.1)Tj
ET
q
162.5 258.889 30 11 re
W n
BT
8 0 0 8 189.148 263.3892 Tm
0 Tc
(4)Tj
ET
Q
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
-0.015 Tc
(Rentabilidad \(indexada\))Tj
ET
0.132 0.08 0.028 0 k
232.5 687.889 335 -67 re
f
BT
/F1 1 Tf
7 0 0 7 225.311 610.8893 Tm
/Cs7 cs 0 scn
0 Tc
[(12/14)-7839.6(12/16)-7430.4(12/18)-7443.4(12/20)-7430.4(12/22)-7443.4(12/24)]TJ
ET
0 0 0 1 K
0 J 0 j 0.5 w 10 M []0 d
0.6 i
232.5 620.889 m
232.5 617.889 l
268.469 620.889 m
268.469 617.889 l
S
0 0 0 0 K
268.469 620.889 m
268.469 687.889 l
S
0 0 0 1 K
301.755 620.889 m
301.755 617.889 l
S
0 0 0 0 K
301.755 620.889 m
301.755 687.889 l
S
0 0 0 1 K
334.951 620.889 m
334.951 617.889 l
S
0 0 0 0 K
334.951 620.889 m
334.951 687.889 l
S
0 0 0 1 K
368.146 620.889 m
368.146 617.889 l
S
0 0 0 0 K
368.146 620.889 m
368.146 687.889 l
S
0 0 0 1 K
401.341 620.889 m
401.341 617.889 l
S
0 0 0 0 K
401.341 620.889 m
401.341 687.889 l
S
0 0 0 1 K
434.628 620.889 m
434.628 617.889 l
S
0 0 0 0 K
434.628 620.889 m
434.628 687.889 l
S
0 0 0 1 K
467.823 620.889 m
467.823 617.889 l
S
0 0 0 0 K
467.823 620.889 m
467.823 687.889 l
S
0 0 0 1 K
501.018 620.889 m
501.018 617.889 l
S
0 0 0 0 K
501.018 620.889 m
501.018 687.889 l
S
0 0 0 1 K
534.214 620.889 m
534.214 617.889 l
S
0 0 0 0 K
534.214 620.889 m
534.214 687.889 l
S
0 0 0 1 K
567.5 620.889 m
567.5 617.889 l
S
0 0 0 0 K
567.5 620.889 m
567.5 687.889 l
S
0 0 0 1 K
232.5 620.889 m
567.5 620.889 l
232.5 620.889 m
229.5 620.889 l
S
BT
7 0 0 7 221.284 619.8892 Tm
(70)Tj
ET
232.5 629.264 m
229.5 629.264 l
S
0 0 0 0 K
232.5 629.264 m
567.5 629.264 l
S
BT
7 0 0 7 221.284 628.2642 Tm
(80)Tj
ET
0 0 0 1 K
232.5 637.639 m
229.5 637.639 l
S
0 0 0 0 K
232.5 637.639 m
567.5 637.639 l
S
BT
7 0 0 7 221.284 636.6392 Tm
(90)Tj
ET
0 0 0 1 K
232.5 646.014 m
229.5 646.014 l
S
0 0 0 0 K
232.5 646.014 m
567.5 646.014 l
S
BT
7 0 0 7 218.176 645.0142 Tm
(100)Tj
ET
0 0 0 1 K
232.5 654.389 m
229.5 654.389 l
S
0 0 0 0 K
232.5 654.389 m
567.5 654.389 l
S
BT
7 0 0 7 218.176 653.3892 Tm
(110)Tj
ET
0 0 0 1 K
232.5 662.764 m
229.5 662.764 l
S
0 0 0 0 K
232.5 662.764 m
567.5 662.764 l
S
BT
7 0 0 7 218.176 661.7642 Tm
(120)Tj
ET
0 0 0 1 K
232.5 671.139 m
229.5 671.139 l
S
0 0 0 0 K
232.5 671.139 m
567.5 671.139 l
S
BT
7 0 0 7 218.176 670.1392 Tm
(130)Tj
ET
0 0 0 1 K
232.5 679.514 m
229.5 679.514 l
S
0 0 0 0 K
232.5 679.514 m
567.5 679.514 l
S
BT
7 0 0 7 218.176 678.5142 Tm
(140)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
(150)Tj
ET
232.5 620.889 m
232.5 687.889 l
S
1 0.84 0.31 0.17 K
1.5 w [4 2 ]0 d
536.988 665.377 m
534.168 666.86 l
531.349 664.314 l
528.62 663.401 l
525.797 663.35 l
523.069 663.024 l
520.25 664.238 l
517.43 662.572 l
514.702 661.91 l
511.883 662.103 l
509.154 662.881 l
506.339 660.955 l
503.792 662.488 l
500.973 660.62 l
498.154 659.506 l
495.425 656.173 l
492.602 659.984 l
489.874 660.813 l
487.054 656.634 l
484.235 656.542 l
481.507 657.346 l
478.687 656.056 l
475.959 657.438 l
473.143 657.111 l
470.597 662.111 l
467.778 661.173 l
464.958 661.969 l
462.226 661.206 l
459.407 664.205 l
456.678 665.687 l
453.859 663.853 l
451.04 664.942 l
448.311 663.275 l
445.492 663.451 l
442.764 661.558 l
439.948 663.359 l
437.402 668.024 l
434.582 669.657 l
431.763 668.526 l
429.035 666.282 l
426.211 665.855 l
423.483 664.339 l
420.664 666.742 l
417.844 669.992 l
415.116 669.422 l
412.297 662.128 l
409.568 660.017 l
406.753 668.978 l
404.115 669.313 l
401.296 670.176 l
398.477 668.392 l
395.748 670.318 l
392.925 672.53 l
390.197 672.781 l
387.377 675.159 l
384.558 669.883 l
381.83 665.26 l
379.01 661.55 l
376.286 661.768 l
373.466 661.056 l
370.92 663.258 l
368.101 661.181 l
365.281 659.732 l
362.553 656.935 l
359.73 656.877 l
357.001 654.791 l
354.182 659.883 l
351.363 657.454 l
348.634 659.49 l
345.815 661.114 l
343.087 662.278 l
340.271 663.057 l
337.725 660.955 l
334.905 661.558 l
332.086 659.531 l
329.358 659.766 l
326.534 661.575 l
323.806 666.014 l
320.987 661.885 l
318.167 661.324 l
315.439 661.483 l
312.62 659.364 l
309.891 661.567 l
307.076 659.791 l
304.529 657.019 l
301.71 656.617 l
298.891 653.862 l
296.162 663.091 l
293.339 657.84 l
290.611 655.176 l
287.791 653.878 l
284.972 652.714 l
282.244 640.721 l
279.424 644.699 l
276.696 644.172 l
273.88 639.725 l
271.243 637.287 l
268.424 634.214 l
265.604 634.314 l
262.876 634.046 l
260.053 632.279 l
257.324 633.334 l
254.505 636.291 l
251.686 637.648 l
248.957 640.914 l
246.138 642.43 l
243.41 642.899 l
240.594 642.103 l
238.048 645.528 l
232.5 646.014 l
S
0.79 0.18 1 0.04 K
[]0 d
536.988 662.68 m
534.168 664.355 l
531.349 661.257 l
528.62 660.754 l
525.797 660 l
523.069 659.917 l
520.25 661.173 l
517.43 659.498 l
514.702 657.823 l
511.883 658.242 l
509.154 658.409 l
506.339 656.902 l
503.792 659.247 l
500.973 657.237 l
498.154 657.069 l
495.425 654.975 l
492.602 657.488 l
489.874 658.409 l
487.054 654.892 l
484.235 653.217 l
481.507 654.389 l
478.687 652.965 l
475.959 653.049 l
473.143 652.714 l
470.597 658.325 l
467.778 657.823 l
464.958 657.404 l
462.226 656.651 l
459.407 659.247 l
456.678 660 l
453.859 658.325 l
451.04 659.414 l
448.311 658.074 l
445.492 658.074 l
442.764 656.316 l
439.948 658.912 l
437.402 663.35 l
434.582 665.36 l
431.763 663.769 l
429.035 660.587 l
426.211 660.168 l
423.483 659.079 l
420.664 660.754 l
417.844 663.434 l
415.116 663.183 l
412.297 656.064 l
409.568 652.714 l
406.753 662.848 l
404.115 663.686 l
401.296 664.523 l
398.477 662.932 l
395.748 664.774 l
392.925 666.952 l
390.197 666.282 l
387.377 671.474 l
384.558 665.863 l
381.83 660.754 l
379.01 657.237 l
376.286 657.404 l
373.466 657.069 l
370.92 659.33 l
368.101 656.399 l
365.281 655.143 l
362.553 652.212 l
359.73 652.379 l
357.001 650.118 l
354.182 656.902 l
351.363 653.803 l
348.634 657.237 l
345.815 660.671 l
343.087 661.843 l
340.271 662.68 l
337.725 661.257 l
334.905 660.671 l
332.086 658.828 l
329.358 658.409 l
326.534 660.838 l
323.806 664.523 l
320.987 660.754 l
318.167 659.665 l
315.439 659.749 l
312.62 657.488 l
309.891 660.084 l
307.076 657.739 l
304.529 654.724 l
301.71 653.97 l
298.891 651.039 l
296.162 661.424 l
293.339 655.394 l
290.611 653.217 l
287.791 652.128 l
284.972 650.369 l
282.244 639.063 l
279.424 643.25 l
276.696 642.413 l
273.88 637.807 l
271.243 634.708 l
268.424 632.782 l
265.604 633.787 l
262.876 633.284 l
260.053 631.191 l
257.324 632.865 l
254.505 635.21 l
251.686 636.885 l
248.957 640.487 l
246.138 641.827 l
243.41 642.329 l
240.594 641.659 l
238.048 644.842 l
232.5 646.014 l
S
q
226.5 575.389 8 25.5 re
W n
3 w
226.5 600.889 m
234.5 600.889 l
S
Q
BT
8 0 0 8 237.5 594.8893 Tm
0 0 0 1 k
-0.025 Tc
(Goldman Sachs Emerging Markets Debt Local )Tj
0 -1.25 TD
(Portfolio Class I Shares \(Acc.\) \(GBP\))Tj
/F2 1 Tf
4 0 0 4 346.092 587.9893 Tm
-0.05 Tc
(\(5\))Tj
ET
q
394 575.389 4 25.5 re
W n
1 0.84 0.31 0.17 K
3 w
394 600.889 m
398 600.889 l
S
Q
q
400 575.389 4 25.5 re
W n
1 0.84 0.31 0.17 K
3 w
400 600.889 m
404 600.889 l
S
Q
BT
/F1 1 Tf
8 0 0 8 407 594.8893 Tm
-0.025 Tc
(JPM GBI EM Global Div Index - GBP)Tj
ET
q
0.2 i
407 590.389 153.5 10.5 re
W n
BT
/F2 1 Tf
4 0 0 4 515.928 597.9893 Tm
0 Tc
(\()Tj
ET
Q
BT
/F2 1 Tf
4 0 0 4 516.616 597.9893 Tm
0 Tc
(3)Tj
ET
q
0.2 i
407 590.389 153.5 10.5 re
W n
BT
4 0 0 4 518.192 597.9893 Tm
(\))Tj
ET
Q
BT
7.5 0 0 7.5 212.5 569.8892 Tm
(Este fondo se gestiona de forma activa y no est diseado para emular la evolucin de su indicador de referencia. Por )Tj
0 -1.24 TD
[(consiguiente, la rentabilidad del fondo y la de su indicador de referencia podran discrepar)70(. Adems, a diferencia de las del )]TJ
T*
(indicador de referencia, las rentabilidades del fondo reejan cargos de gestin y dems comisiones.)Tj
/F5 1 Tf
36.088 0 TD
( La rentabilidad histrica )Tj
-36.088 -1.24 TD
(no garantiza rentabilidades futuras. El valor de las inversiones y de los ingresos derivados de las mismas ucta, y )Tj
T*
[(puede tanto caer como aumentar)70(. Por consiguiente, el capital invertido podra sufrir minusvalas.)]TJ
ET
0.53 0.32 0.11 0 k
212.5 520.389 355 -16.5 re
f
BT
/F4 1 Tf
10 0 0 10 216.5 509.3892 Tm
0 0 0 0 k
-0.015 Tc
(Rendimiento \(%\))Tj
/F2 1 Tf
5 0 0 5 328.98 494.8893 Tm
0 0 0 1 k
-0.06 Tc
(31-Jan-14 )Tj
ET
q
0.2 i
327.5 486.389 19 12.5 re
W n
BT
5 0 0 5 345.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 346.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
327.5 486.389 19 12.5 re
W n
BT
5 0 0 5 344.58 488.8893 Tm
0 Tc
(5)Tj
ET
Q
BT
5 0 0 5 352.98 494.8893 Tm
(31-Jan-15 )Tj
ET
q
0.2 i
351.5 486.389 19 12.5 re
W n
BT
5 0 0 5 369.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 370.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
351.5 486.389 19 12.5 re
W n
BT
5 0 0 5 368.58 488.8893 Tm
0 Tc
(6)Tj
ET
Q
BT
5 0 0 5 376.98 494.8893 Tm
(31-Jan-16 )Tj
ET
q
0.2 i
375.5 486.389 19 12.5 re
W n
BT
5 0 0 5 393.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 394.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
375.5 486.389 19 12.5 re
W n
BT
5 0 0 5 392.58 488.8893 Tm
0 Tc
(7)Tj
ET
Q
BT
5 0 0 5 400.98 494.8893 Tm
(31-Jan-17 )Tj
ET
q
0.2 i
399.5 486.389 19 12.5 re
W n
BT
5 0 0 5 417.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 418.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
399.5 486.389 19 12.5 re
W n
BT
5 0 0 5 416.58 488.8893 Tm
0 Tc
(8)Tj
ET
Q
BT
5 0 0 5 424.98 494.8893 Tm
(31-Jan-18 )Tj
ET
q
0.2 i
423.5 486.389 19 12.5 re
W n
BT
5 0 0 5 441.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 442.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-1)Tj
ET
q
0.2 i
423.5 486.389 19 12.5 re
W n
BT
5 0 0 5 440.58 488.8893 Tm
0 Tc
(9)Tj
ET
Q
BT
5 0 0 5 448.98 494.8893 Tm
(31-Jan-19 )Tj
ET
q
0.2 i
447.5 486.389 19 12.5 re
W n
BT
5 0 0 5 465.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 466.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-2)Tj
ET
q
0.2 i
447.5 486.389 19 12.5 re
W n
BT
5 0 0 5 464.58 488.8893 Tm
0 Tc
(0)Tj
ET
Q
BT
5 0 0 5 472.98 494.8893 Tm
(31-Jan-20 )Tj
ET
q
0.2 i
471.5 486.389 19 12.5 re
W n
BT
5 0 0 5 489.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 490.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-21)Tj
4.42 1.2 TD
(31-Jan-21 )Tj
ET
q
0.2 i
495.5 486.389 19 12.5 re
W n
BT
5 0 0 5 513.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 514.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-2)Tj
ET
q
0.2 i
495.5 486.389 19 12.5 re
W n
BT
5 0 0 5 512.58 488.8893 Tm
0 Tc
(2)Tj
ET
Q
BT
5 0 0 5 520.98 494.8893 Tm
(31-Jan-22 )Tj
ET
q
0.2 i
519.5 486.389 19 12.5 re
W n
BT
5 0 0 5 537.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 538.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-2)Tj
ET
q
0.2 i
519.5 486.389 19 12.5 re
W n
BT
5 0 0 5 536.58 488.8893 Tm
0 Tc
(3)Tj
ET
Q
BT
5 0 0 5 544.98 494.8893 Tm
(31-Jan-23 )Tj
ET
q
0.2 i
543.5 486.389 19 12.5 re
W n
BT
5 0 0 5 561.41 494.8893 Tm
0 Tc
(-)Tj
ET
Q
BT
5 0 0 5 562.5 494.8893 Tm
0 Tc
( )Tj
-3.124 -1.2 TD
-0.06 Tc
(31-Jan-2)Tj
ET
q
0.2 i
543.5 486.389 19 12.5 re
W n
BT
5 0 0 5 560.58 488.8893 Tm
0 Tc
(4)Tj
ET
Q
q
212.5 473.389 115 13 re
W n
0.132 0.08 0.028 0 k
212.5 486.389 115 -13 re
f
Q
BT
8 0 0 8 217.5 477.8892 Tm
-0.025 Tc
(Fondo \(GBP\))Tj
ET
q
327.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
327.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 344.476 477.8892 Tm
0 Tc
(-)Tj
ET
q
351.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 356.844 477.8892 Tm
-0.025 Tc
(-12.3)Tj
ET
q
375.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 382.868 477.8892 Tm
(27.6)Tj
ET
q
399.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 410.22 477.8892 Tm
(7.1)Tj
ET
q
423.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
423.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 432.196 477.8892 Tm
(-1.9)Tj
ET
q
447.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
447.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 458.22 477.8892 Tm
(4.5)Tj
ET
q
471.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
471.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 480.196 477.8892 Tm
(-0.3)Tj
ET
q
495.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
495.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 504.196 477.8892 Tm
(-5.0)Tj
ET
q
519.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
519.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 530.22 477.8892 Tm
(1.0)Tj
ET
q
543.5 473.389 24 13 re
W n
0.132 0.08 0.028 0 k
543.5 486.389 24 -13 re
f
Q
BT
8 0 0 8 554.22 477.8892 Tm
(3.5)Tj
ET
q
0.2 i
217.5 460.389 110 11 re
W n
BT
8 0 0 8 217.5 464.8892 Tm
0 Tc
()Tj
ET
Q
BT
8 0 0 8 219.076 464.8892 Tm
[(ndice)-13857(-)-1712(-9.9)-1546(26.3)-1965(4.1)-1965(2.3)-1965(6.0)-1712(-1.2)-1712(-5.6)-1965(0.)]TJ
ET
q
0.2 i
519.5 460.389 19 11 re
W n
BT
8 0 0 8 535.148 464.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 554.22 464.8892 Tm
(2.9)Tj
ET
0.53 0.32 0.11 0 k
212.5 452.389 355 -16.5 re
f
BT
/F4 1 Tf
10 0 0 10 216.5 441.3892 Tm
0 0 0 0 k
-0.015 Tc
(Resumen de rentabilidad \(%\))Tj
/F5 1 Tf
8 0 0 8 397.412 424.3892 Tm
0 0 0 1 k
-0.025 Tc
[(Acumulada)-9444(Anualizada)]TJ
/F2 1 Tf
-5.92 -1.625 TD
[(Desde Lanz.)-1709(1 mes)-926(3 meses)-2325(YTD)]TJ
ET
q
477.5 406.889 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 419.889 m
481.5 394.889 l
S
Q
BT
8 0 0 8 487.516 411.3893 Tm
[(1 ao)-1513(3 aos)-1513(5 aos)]TJ
ET
q
212.5 393.889 130 13 re
W n
0.132 0.08 0.028 0 k
212.5 406.889 130 -13 re
f
Q
BT
8 0 0 8 217.5 398.3892 Tm
(Clase Institucional \(Acu.\) \(GBP\))Tj
4 0 0 4 299.948 401.8892 Tm
-0.05 Tc
(\(5\))Tj
ET
q
342.5 393.889 45 13 re
W n
0.132 0.08 0.028 0 k
342.5 406.889 45 -13 re
f
Q
BT
8 0 0 8 367.516 398.3892 Tm
-0.025 Tc
(19.90)Tj
ET
q
387.5 393.889 30 13 re
W n
0.132 0.08 0.028 0 k
387.5 406.889 30 -13 re
f
Q
BT
8 0 0 8 397.716 398.3892 Tm
(\(1.64\))Tj
ET
q
417.5 393.889 30 13 re
W n
0.132 0.08 0.028 0 k
417.5 406.889 30 -13 re
f
Q
BT
8 0 0 8 430.868 398.3892 Tm
(1.96)Tj
ET
q
447.5 393.889 30 13 re
W n
0.132 0.08 0.028 0 k
447.5 406.889 30 -13 re
f
Q
BT
8 0 0 8 457.716 398.3892 Tm
(\(1.64\))Tj
ET
q
477.5 393.889 5 13 re
W n
0.132 0.08 0.028 0 k
477.5 406.889 5 -13 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 406.889 m
481.5 381.889 l
S
Q
q
482.5 393.889 25 13 re
W n
0.132 0.08 0.028 0 k
482.5 406.889 25 -13 re
f
Q
BT
8 0 0 8 490.868 398.3892 Tm
(3.5)Tj
ET
q
0.2 i
482.5 393.889 20 11 re
W n
BT
8 0 0 8 499.148 398.3892 Tm
0 Tc
(4)Tj
ET
Q
q
507.5 393.889 30 13 re
W n
0.132 0.08 0.028 0 k
507.5 406.889 30 -13 re
f
Q
BT
8 0 0 8 517.716 398.3892 Tm
(\(0.22\))Tj
ET
q
537.5 393.889 30 13 re
W n
0.132 0.08 0.028 0 k
537.5 406.889 30 -13 re
f
Q
BT
8 0 0 8 550.868 398.3892 Tm
(0.68)Tj
-41.671 -1.625 TD
(JPM GBI EM Global Div Index - GBP)Tj
4 0 0 4 314.42 388.8892 Tm
-0.05 Tc
(\(3\))Tj
8 0 0 8 367.516 385.3892 Tm
-0.025 Tc
[(23.12)-1902(\(1.42\))-2296(1.95)-1902(\(1.42\))]TJ
ET
q
477.5 380.889 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 393.889 m
481.5 368.889 l
S
Q
BT
8 0 0 8 490.868 385.3892 Tm
[(2.88)-1902(\(0.84\))-2296(0.41)]TJ
ET
0.132 0.08 0.028 0 k
212.5 380.889 130 -23.5 re
f
BT
8 0 0 8 217.5 372.3892 Tm
0 0 0 1 k
(Media sectorial Bonos de mercados )Tj
0 -1.3125 TD
(emergentes mundiales - Moneda local)Tj
4 0 0 4 321.548 365.3892 Tm
-0.05 Tc
(\(4\))Tj
ET
q
342.5 357.389 45 23.5 re
W n
0.132 0.08 0.028 0 k
342.5 380.889 45 -23.5 re
f
Q
q
387.5 357.389 30 23.5 re
W n
0.132 0.08 0.028 0 k
387.5 380.889 30 -23.5 re
f
Q
BT
8 0 0 8 397.716 372.3892 Tm
-0.025 Tc
(\(1.34\))Tj
ET
0.132 0.08 0.028 0 k
417.5 380.889 30 -23.5 re
f
BT
8 0 0 8 430.868 372.3892 Tm
0 0 0 1 k
(2.46)Tj
ET
0.132 0.08 0.028 0 k
447.5 380.889 30 -23.5 re
f
BT
8 0 0 8 457.716 372.3892 Tm
0 0 0 1 k
(\(1.34\))Tj
ET
q
477.5 357.389 5 23.5 re
W n
0.132 0.08 0.028 0 k
477.5 380.889 5 -23.5 re
f
0 0 0 1 K
1 w [2 2 ]2 d
481.5 380.889 m
481.5 355.889 l
S
Q
0.132 0.08 0.028 0 k
482.5 380.889 25 -23.5 re
f
BT
8 0 0 8 490.868 372.3892 Tm
0 0 0 1 k
(3.09)Tj
ET
0.132 0.08 0.028 0 k
507.5 380.889 30 -23.5 re
f
BT
8 0 0 8 520.868 372.3892 Tm
0 0 0 1 k
(0.09)Tj
ET
0.132 0.08 0.028 0 k
537.5 380.889 30 -23.5 re
f
BT
8 0 0 8 550.868 372.3892 Tm
0 0 0 1 k
(0.71)Tj
-41.671 -2.9375 TD
(Cuartil dentro del sector)Tj
4 0 0 4 282.244 352.3892 Tm
-0.05 Tc
(\(4\))Tj
ET
q
0.2 i
387.5 344.389 25 11 re
W n
BT
8 0 0 8 409.148 348.8892 Tm
0 Tc
(4)Tj
ET
Q
q
0.2 i
417.5 344.389 25 11 re
W n
BT
8 0 0 8 439.148 348.8892 Tm
0 Tc
(4)Tj
ET
Q
q
0.2 i
447.5 344.389 25 11 re
W n
BT
8 0 0 8 469.148 348.8892 Tm
0 Tc
(4)Tj
ET
Q
q
477.5 344.389 5 13 re
W n
0 0 0 1 K
1 w [2 2 ]2 d
481.5 357.389 m
481.5 332.389 l
S
Q
BT
8 0 0 8 499.148 348.8892 Tm
3.306 Tc
(233)Tj
ET
q
212.5 321.889 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 338.389 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 327.3892 Tm
0 0 0 0 k
-0.015 Tc
(Rentabilidad en el ao natural \(%\))Tj
/F2 1 Tf
8 0 0 8 333.092 313.3892 Tm
0 0 0 1 k
-0.025 Tc
(201)Tj
ET
q
0.2 i
326.5 308.889 20 11 re
W n
BT
8 0 0 8 343.148 313.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 357.092 313.3892 Tm
[(2015)-1324(2016)-1324(2017)-1324(2018)-1324(2019)-1324(2020)-1324(2021)-1324(2022)-1324(2023)]TJ
ET
q
212.5 295.889 114 13 re
W n
0.132 0.08 0.028 0 k
212.5 308.889 114 -13 re
f
Q
BT
8 0 0 8 217.5 300.3892 Tm
(Clase Institucional \(Acu.\) \(GBP\))Tj
ET
0.132 0.08 0.028 0 k
326.5 308.889 25 -13 re
f
BT
8 0 0 8 344.476 300.3892 Tm
0 0 0 1 k
0 Tc
(-)Tj
ET
q
351.5 295.889 24 13 re
W n
0.132 0.08 0.028 0 k
351.5 308.889 24 -13 re
f
Q
BT
8 0 0 8 356.844 300.3892 Tm
-0.025 Tc
(-12.1)Tj
ET
q
375.5 295.889 24 13 re
W n
0.132 0.08 0.028 0 k
375.5 308.889 24 -13 re
f
Q
BT
8 0 0 8 382.868 300.3892 Tm
(30.0)Tj
ET
q
399.5 295.889 24 13 re
W n
0.132 0.08 0.028 0 k
399.5 308.889 24 -13 re
f
Q
BT
8 0 0 8 410.22 300.3892 Tm
(7.3)Tj
ET
0.132 0.08 0.028 0 k
423.5 308.889 24 -13 re
f
BT
8 0 0 8 432.196 300.3892 Tm
0 0 0 1 k
(-4.3)Tj
ET
0.132 0.08 0.028 0 k
447.5 308.889 24 -13 re
f
BT
8 0 0 8 458.22 300.3892 Tm
0 0 0 1 k
(8.6)Tj
ET
0.132 0.08 0.028 0 k
471.5 308.889 24 -13 re
f
BT
8 0 0 8 482.22 300.3892 Tm
0 0 0 1 k
(0.8)Tj
ET
0.132 0.08 0.028 0 k
495.5 308.889 24 -13 re
f
BT
8 0 0 8 504.196 300.3892 Tm
0 0 0 1 k
(-7.3)Tj
ET
0.132 0.08 0.028 0 k
519.5 308.889 24 -13 re
f
BT
8 0 0 8 528.196 300.3892 Tm
0 0 0 1 k
(-0.6)Tj
ET
0.132 0.08 0.028 0 k
543.5 308.889 24 -13 re
f
BT
8 0 0 8 554.22 300.3892 Tm
0 0 0 1 k
(7.5)Tj
-42.09 -1.625 TD
[(JPM GBI EM Global Div Index - GBP)-3757(-)-1293(-10.0)-1546(31.1)-1965(5.2)-1712(-0.)]TJ
ET
q
0.2 i
423.5 282.889 19 11 re
W n
BT
8 0 0 8 439.148 287.3892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 458.22 287.3892 Tm
[(9.1)-1712(-0.5)-1712(-7.9)-1712(-0.6)-1965(6.3)]TJ
/F5 1 Tf
7.5 0 0 7.5 217.5 187.4 Tm
-0.0267 Tc
(La presente es una comunicacin de promocin comercial. )Tj
ET
q
0.2 i
217.5 164.5 350 28.4 re
W n
BT
7.5 0 0 7.5 387.5225 187.4 Tm
0 Tc
(C)Tj
ET
Q
BT
7.5 0 0 7.5 391.4925 187.4 Tm
(onsulte el folleto y el KIID antes de tomar cualquier decisin )Tj
-23.199 -1.24 TD
(de inversin. Consulte el apartado de Informacin Adicional. Todos los datos de rentabilidad y de posiciones de cartera )Tj
T*
(son actuales a 31.ene.2024.)Tj
0 -1.3067 TD
0 Tc
(La rentabilidad histrica no garantiza rentabilidades futuras. La rentabilidad del fondo puede subir o bajar como )Tj
0 -1.24 TD
(consecuencia de las uctuaciones en los tipos de cambio.)Tj
/F2 1 Tf
T*
(* Identicamos dos grandes categoras de fondos para ayudar a los inversores a pensar sobre cmo construir su cartera de )Tj
T*
(inversin total. A los siguientes fondos los denominamos)Tj
/F5 1 Tf
20.6 0 TD
( bsicos)Tj
/F2 1 Tf
4.276 0 TD
(: \(A\) Fondos de renta variable con un mandato de inversin )Tj
-24.876 -1.24 TD
(global, o concentrados principalmente en los mercados estadounidense y europeo, debido al tamao y la transparencia de estos )Tj
T*
(mercados. \(B\) Fondos de renta ja con un mandato de inversin global, o aquellos concentrados principalmente en los mercados )Tj
T*
(estadounidense, europeo y britnico, y que invierten predominantemente en deuda con grado de inversin, incluida la de )Tj
T*
(emisores gubernamentales. \(C\) Fondos multi-activo con un ndice de referencia que abarca varias clases de activo. Por su )Tj
T*
(naturaleza, los fondos bsicos pueden conllevar mayores niveles de riesgo. A todos los dems fondos los consideramos)Tj
/F5 1 Tf
43.142 0 TD
( )Tj
-43.142 -1.24 TD
(complementarios)Tj
/F2 1 Tf
7.943 0 TD
(, y estos tambin pueden tener niveles de riesgo variados. No se garantiza de ningn modo que estos )Tj
-7.943 -1.24 TD
(objetivos vayan a cumplirse.)Tj
T*
(Para carteras concentradas en regiones especcas, comprendemos que su categorizacin puede ser distinta en funcin de la )Tj
T*
[(perspectiva de cada inversor)70(.)]TJ
/F5 1 Tf
10.48 0 TD
( Antes de invertir debe considerar cuidadosamente sus objetivos nancieros. Su asesor )Tj
ET
q
0.2 i
217.5 24.5 350 140 re
W n
BT
7.5 0 0 7.5 217.5 38.1 Tm
()Tj
ET
Q
BT
7.5 0 0 7.5 221.25 38.1 Tm
(nanciero puede ayudarle a determinar si una inversin en este fondo y la cantidad que desea invertir son )Tj
-0.5 -1.24 TD
(adecuadas.)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
h
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
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]/ExtGState<>/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 Emerging Markets Debt Local )Tj
0 -1.2632 TD
(Portfolio)Tj
/F2 1 Tf
14 0 0 14 33.5 743.3892 Tm
0.53 0.32 0.11 0 k
-0.0071 Tc
(Un subfondo de 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
399.5 807.389 80 -30.5 re
f
q
0.6 i
399.5 784.889 80 22.5 re
W n
399.5 807.389 80 -22.5 re
f
Q
BT
/F1 1 Tf
9 0 0 9 399.5 800.3892 Tm
1 0.84 0.31 0.17 k
0 Tc
(Overall Morningstar )Tj
0 -1.2222 TD
(Rating)Tj
4.5 0 0 4.5 422.504 792.8892 Tm
( TM)Tj
ET
q
0.6 i
399.5 776.889 80 8 re
W n
0.53 0.32 0.11 0 k
399.5 784.889 80 -8 re
f
Q
0 0 0 0 k
0.2 i
413.894 781.889 m
417.063 781.889 l
414.51 779.975 l
415.5 776.938 l
412.959 778.809 l
410.417 776.938 l
411.418 779.975 l
408.844 781.889 l
412.002 781.889 l
412.959 784.848 l
f
q
399.5 776.889 27 8 re
W n
402.658 781.89 m
399.5 781.89 l
402.074 779.976 l
401.073 776.939 l
403.615 778.81 l
406.156 776.939 l
405.166 779.976 l
407.719 781.89 l
404.55 781.89 l
403.615 784.848 l
f
423.331 781.89 m
426.5 781.89 l
423.947 779.976 l
424.937 776.939 l
422.396 778.81 l
419.854 776.939 l
420.855 779.976 l
418.281 781.89 l
421.439 781.89 l
422.396 784.849 l
f
Q
0.79 0.18 1 0.04 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
0.395 0.09 0.5 0.02 k
-0.0222 Tc
(01)Tj
ET
0.79 0.18 1 0.04 k
524 814.389 42.5 -58.5 re
f
BT
36 0 0 36 524 777.3892 Tm
0 0 0 0 k
(24)Tj
ET
q
0.6 i
481.5 728.389 85 40 re
W n
0.79 0.18 1 0.04 k
481.5 768.389 85 -40 re
f
Q
BT
10 0 0 10 491.5 760.3892 Tm
0 Tc
(Gua mensual )Tj
0 -1.3 TD
[(de f)20(ondos de )]TJ
T*
[(in)20(v)20(ersin)]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
-0.015 Tc
(Informacin Financiera)Tj
/F2 1 Tf
8 0 0 8 32.5 689.3892 Tm
0 0 0 1 k
-0.025 Tc
(VL \(Valor Liquidativo\) - Clase )Tj
0 -1.3125 TD
(Institucional \(Acu.\) \(GBP\))Tj
14.2 1.3125 TD
(GB)Tj
ET
q
142.5 684.889 15 11 re
W n
BT
8 0 0 8 154.148 689.3892 Tm
0 Tc
(P)Tj
ET
Q
BT
8 0 0 8 177.516 689.3892 Tm
(11.99)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
(Patrimonio neto \(millones\))Tj
ET
q
0.6 i
142.5 661.389 20 13 re
W n
0.132 0.08 0.028 0 k
142.5 674.389 20 -13 re
f
Q
BT
8 0 0 8 145.204 665.8892 Tm
(USD)Tj
ET
q
0.6 i
162.5 661.389 35 13 re
W n
0.132 0.08 0.028 0 k
162.5 674.389 35 -13 re
f
Q
BT
8 0 0 8 182.444 665.8892 Tm
(882)Tj
-18.743 -1.625 TD
[(Actual duracin de la cartera \(aos\))-6620(6.33)]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
(Duracin actual del indicador de )Tj
0 -1.3125 TD
(referencia \(en aos\))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
(5.03)Tj
-18.546 -2.9375 TD
[(Rendimiento al vencimiento \(%\))-7802(7.31)]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
(Rendimiento en el peor escenario \(%\))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
(7.29)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
-0.015 Tc
(Caractersticas del Fondo)Tj
/F2 1 Tf
8 0 0 8 32.5 567.8892 Tm
0 0 0 1 k
-0.025 Tc
[(Divisa - Clase Institucional \(Acu.\) \(GBP\))-5550(GB)]TJ
ET
q
147.5 563.389 45 11 re
W n
BT
8 0 0 8 189.148 567.8892 Tm
0 Tc
(P)Tj
ET
Q
q
0.6 i
27.5 539.889 120 23.5 re
W n
0.132 0.08 0.028 0 k
27.5 563.389 120 -23.5 re
f
Q
BT
8 0 0 8 32.5 554.8892 Tm
(Fecha de lanzamiento - Clase Institucional )Tj
0 -1.3125 TD
(\(Acu.\) \(GBP\))Tj
ET
q
0.6 i
147.5 539.889 50 23.5 re
W n
0.132 0.08 0.028 0 k
147.5 563.389 50 -23.5 re
f
Q
BT
8 0 0 8 161.396 554.8892 Tm
(01.dic.201)Tj
ET
q
147.5 550.389 45 11 re
W n
BT
8 0 0 8 189.148 554.8892 Tm
0 Tc
(4)Tj
ET
Q
BT
8 0 0 8 32.5 531.3892 Tm
[(Domicilio del Fondo)-9231(Luxemburgo)]TJ
ET
q
0.6 i
27.5 504.389 170 16.5 re
W n
1 0.84 0.31 0.17 k
27.5 520.889 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 509.8892 Tm
0 0 0 0 k
-0.015 Tc
(Datos del Fondo)Tj
/F2 1 Tf
8 0 0 8 32.5 492.8892 Tm
0 0 0 1 k
-0.025 Tc
(Cdigo ISIN - Clase Institucional \(Acu.\) )Tj
T*
(\(GBP\))Tj
14.915 1.3125 TD
(LU0302287312)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
(Ticker Bloomberg - Clase Institucional )Tj
0 -1.3125 TD
(\(Acu.\) \(GBP\))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 8 158.94 469.3892 Tm
(GSEIGBH L)Tj
ET
q
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
[(Distribucin)-13090(Ninguno)]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
(Contratacin y valoracin)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 8 176.372 432.8892 Tm
(Diario)Tj
-17.984 -1.625 TD
[(Cierre del ejercicio)-9140(30 noviembre)]TJ
ET
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
(Indicador de )Tj
0 -1.3125 TD
(referencia)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 95.58 406.8893 Tm
(JPM GBI EM Global Div Index - GB)Tj
ET
q
77.5 402.389 115 11 re
W n
BT
8 0 0 8 189.148 406.8893 Tm
0 Tc
(P)Tj
ET
Q
BT
8 0 0 8 32.5 383.3892 Tm
[(Liquidacin)-14516(T + 3)]TJ
ET
q
0.6 i
27.5 343.389 170 29.5 re
W n
1 0.84 0.31 0.17 k
27.5 372.889 170 -29.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 31.5 361.8892 Tm
0 0 0 0 k
-0.015 Tc
(Objetivo y poltica de inversin del )Tj
0 -1.3 TD
(Fondo)Tj
/F1 1 Tf
8 0 0 8 27.5 333.3892 Tm
0.53 0.32 0.11 0 k
0 Tc
(El Fondo trata de proporcionar ingresos y aumentar )Tj
0 -1.25 TD
(el capital a largo plazo, y pretende lograr su objetivo )Tj
T*
(invirtiendo en valores de renta ja de todo tipo de )Tj
T*
(emisores de pases emergentes denominados en la )Tj
T*
(divisa local del pas en cuestin. Cuando los )Tj
T*
(emisores mencionados sean empresas, podrn tener )Tj
T*
(su sede en mercados emergentes u obtener la )Tj
T*
(mayor parte de sus ingresos o benecios en dicha )Tj
T*
(regin.)Tj
ET
q
0.6 i
212.5 697.889 170 16.5 re
W n
212.5 714.389 170 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 703.3892 Tm
0 0 0 0 k
-0.015 Tc
(Distribucin sectorial \(%\))Tj
ET
q
0.6 i
397.5 697.889 170 16.5 re
W n
0.53 0.32 0.11 0 k
397.5 714.389 170 -16.5 re
f
Q
BT
10 0 0 10 401.5 703.3892 Tm
(Distribucin crediticia \(%\))Tj
ET
q
254 683.889 18 8 re
W n
0 0 0 1 K
0 J 0 j 0.5 w 10 M []0 d
/GS2 gs
270.846 685.91 m
262.45 689.837 254.582 689.142 y
254.5 691.889 m
254.5 686.272 l
269.281 688.483 m
271.19 685.895 l
268.035 684.594 l
S
Q
0.79 0.18 1 0.04 k
/GS2 gs
0.6 i
252.5 652.889 m
252.5 682.889 l
269.069 682.889 282.5 669.458 282.5 652.889 c
282.5 636.321 269.069 622.889 252.5 622.889 c
235.931 622.889 222.5 636.321 222.5 652.889 c
222.5 653.015 222.501 653.141 222.502 653.266 c
h
252.5 652.889 m
f
0 0 0 0 K
0 J 0 j 0.1 w 10 M []0 d
/GS1 gs
252.5 652.889 m
252.5 682.889 l
269.069 682.889 282.5 669.458 282.5 652.889 c
282.5 636.321 269.069 622.889 252.5 622.889 c
235.931 622.889 222.5 636.321 222.5 652.889 c
222.5 653.015 222.501 653.141 222.502 653.266 c
h
252.5 652.889 m
S
252.5 652.889 m
222.502 653.266 l
222.537 656.035 222.955 658.786 223.744 661.44 c
h
252.5 652.889 m
f
252.5 652.889 m
222.502 653.266 l
222.537 656.035 222.955 658.786 223.744 661.44 c
h
252.5 652.889 m
S
252.5 652.889 m
223.744 661.44 l
223.87 661.861 224.004 662.28 224.148 662.696 c
h
252.5 652.889 m
f
252.5 652.889 m
223.744 661.44 l
223.87 661.861 224.004 662.28 224.148 662.696 c
h
252.5 652.889 m
S
252.5 652.889 m
224.148 662.696 l
228.329 674.782 239.711 682.889 252.5 682.889 c
h
252.5 652.889 m
f
252.5 652.889 m
224.148 662.696 l
228.329 674.782 239.711 682.889 252.5 682.889 c
h
252.5 652.889 m
S
0 0 0 0 k
267.5 652.889 m
267.5 661.173 260.784 667.889 252.5 667.889 c
244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
f
267.5 652.889 m
267.5 661.173 260.784 667.889 252.5 667.889 c
244.216 667.889 237.5 661.173 237.5 652.889 c
237.5 644.605 244.216 637.889 252.5 637.889 c
260.784 637.889 267.5 644.605 267.5 652.889 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 687.3892 Tm
0.79 0.18 1 0.04 k
-0.0333 Tc
(75.2)Tj
ET
q
0.2 i
287.5 683.889 16 8 re
W n
BT
6 0 0 6 299.032 687.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 687.3892 Tm
0 0 0 1 k
(Soberana local)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(4.4)Tj
ET
q
0.2 i
287.5 674.889 16 8 re
W n
BT
6 0 0 6 299.032 678.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 678.3892 Tm
0 0 0 1 k
(Supranacionales)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.7)Tj
ET
q
0.2 i
287.5 665.889 16 8 re
W n
BT
6 0 0 6 299.032 669.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 669.3892 Tm
0 0 0 1 k
(Cuasisoberana externa)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.0)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
(Soberana externa)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 647.889 16 8 re
W n
BT
6 0 0 6 299.032 651.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 651.3892 Tm
0 0 0 1 k
(Deuda local cuasisoberana)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 638.889 16 8 re
W n
BT
6 0 0 6 299.032 642.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 642.3892 Tm
0 0 0 1 k
(Corporativa externa)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 629.889 16 8 re
W n
BT
6 0 0 6 299.032 633.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 633.3892 Tm
0 0 0 1 k
(Corporativa local)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
287.5 620.889 16 8 re
W n
BT
6 0 0 6 299.032 624.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 624.3892 Tm
0 0 0 1 k
(Otros)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(19.7)Tj
ET
q
0.2 i
287.5 611.889 16 8 re
W n
BT
6 0 0 6 299.032 615.3892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 615.3892 Tm
0 0 0 1 k
(Efectivo)Tj
ET
0 0 0 0.4 K
0.2 w
469.5 581.778 m
564.5 581.778 l
469.5 595.667 m
564.5 595.667 l
469.5 609.556 m
564.5 609.556 l
469.5 623.445 m
564.5 623.445 l
469.5 637.334 m
564.5 637.334 l
469.5 651.223 m
564.5 651.223 l
469.5 665.111 m
564.5 665.111 l
469.5 679 m
564.5 679 l
469.5 692.889 m
564.5 692.889 l
S
0.79 0.18 1 0.04 k
469.5 580.278 1.357 -10.889 re
f
BT
/F2 1 Tf
5 0 0 5 475.5272 572.8337 Tm
/Cs7 cs 0 scn
0 Tc
(0.5 )Tj
ET
0.79 0.18 1 0.04 k
469.5 594.167 53.471 -10.889 re
f
BT
5 0 0 5 526.5314 586.7225 Tm
/Cs7 cs 0 scn
(19.7 )Tj
ET
0.79 0.18 1 0.04 k
469.5 608.056 2.714 -10.889 re
f
BT
5 0 0 5 476.8843 600.6115 Tm
/Cs7 cs 0 scn
(1.0 )Tj
ET
0.79 0.18 1 0.04 k
469.5 621.945 1.357 -10.889 re
f
BT
5 0 0 5 475.5272 614.5003 Tm
/Cs7 cs 0 scn
(0.5 )Tj
ET
0.79 0.18 1 0.04 k
469.5 635.834 62.971 -10.889 re
f
BT
5 0 0 5 536.0314 628.3892 Tm
/Cs7 cs 0 scn
(23.2 )Tj
ET
0.79 0.18 1 0.04 k
469.5 649.723 78.986 -10.889 re
f
BT
5 0 0 5 552.0457 642.2781 Tm
/Cs7 cs 0 scn
(29.1 )Tj
ET
0.79 0.18 1 0.04 k
469.5 663.611 40.986 -10.889 re
f
BT
5 0 0 5 514.0457 656.167 Tm
/Cs7 cs 0 scn
(15.1 )Tj
ET
0.79 0.18 1 0.04 k
469.5 677.5 17.643 -10.889 re
f
BT
5 0 0 5 491.8129 670.0558 Tm
/Cs7 cs 0 scn
(6.5 )Tj
ET
0.79 0.18 1 0.04 k
469.5 691.389 11.671 -10.889 re
f
BT
5 0 0 5 485.8414 683.9448 Tm
/Cs7 cs 0 scn
(4.3 )Tj
ET
0 0 0 1 K
0.5 w
469.5 567.889 m
564.5 567.889 l
469.5 567.889 m
469.5 564.889 l
S
BT
5 0 0 5 468.39 558.8892 Tm
0 0 0 1 k
(0)Tj
ET
483.071 567.889 m
483.071 564.889 l
S
BT
5 0 0 5 481.9614 558.8892 Tm
(5)Tj
ET
496.643 567.889 m
496.643 564.889 l
S
BT
5 0 0 5 494.4229 558.8892 Tm
(10)Tj
ET
510.214 567.889 m
510.214 564.889 l
S
BT
5 0 0 5 507.9943 558.8892 Tm
(15)Tj
ET
523.786 567.889 m
523.786 564.889 l
S
BT
5 0 0 5 521.5657 558.8892 Tm
(20)Tj
ET
537.357 567.889 m
537.357 564.889 l
S
BT
5 0 0 5 535.1371 558.8892 Tm
(25)Tj
ET
550.929 567.889 m
550.929 564.889 l
S
BT
5 0 0 5 548.7086 558.8892 Tm
(30)Tj
ET
564.5 567.889 m
564.5 564.889 l
S
BT
5 0 0 5 562.28 558.8892 Tm
(35)Tj
ET
469.5 567.889 m
469.5 692.889 l
S
BT
6 0 0 6 397.5 573.3337 Tm
(Derivados)Tj
0 2.3148 TD
(Efectivo)Tj
T*
(NR)Tj
T*
(B)Tj
T*
(BB)Tj
T*
(BBB)Tj
T*
(A)Tj
T*
(AA)Tj
T*
(AAA)Tj
ET
q
212.5 536.389 355 16.5 re
W n
0.53 0.32 0.11 0 k
212.5 552.889 355 -16.5 re
f
Q
BT
/F4 1 Tf
10 0 0 10 216.5 541.8892 Tm
0 0 0 0 k
-0.015 Tc
(Distribucin regional de ttulos \(%\))Tj
/F1 1 Tf
6 0 0 6 215.5 524.8892 Tm
0 0 0 1 k
-0.0333 Tc
[(Goldman Sachs Emerging Markets Debt Local Portfolio)-8843.3(JP Morgan GBI-EM Global Diversied )]TJ
ET
q
0.2 i
390 521.389 177 8 re
W n
BT
6 0 0 6 474.974 524.8892 Tm
0 Tc
(\()Tj
ET
Q
BT
6 0 0 6 476.442 524.8892 Tm
(Total Return, Unhedged, USD)Tj
ET
q
0.2 i
390 521.389 177 8 re
W n
BT
6 0 0 6 541.038 524.8892 Tm
0 Tc
(\))Tj
ET
Q
q
0.2 i
254 510.389 18 8 re
W n
/GS2 gs
270.846 512.41 m
262.45 516.337 254.582 515.642 y
254.5 518.389 m
254.5 512.772 l
269.281 514.983 m
271.19 512.395 l
268.035 511.094 l
S
Q
0.79 0.18 1 0.04 k
/GS2 gs
252.5 479.389 m
252.5 509.389 l
268.885 509.389 282.239 496.243 282.496 479.859 c
h
252.5 479.389 m
f
0 0 0 0 K
0.1 w
/GS1 gs
252.5 479.389 m
252.5 509.389 l
268.885 509.389 282.239 496.243 282.496 479.859 c
h
252.5 479.389 m
S
252.5 479.389 m
282.496 479.859 l
282.751 463.623 270.04 450.131 253.816 449.418 c
h
252.5 479.389 m
f
252.5 479.389 m
282.496 479.859 l
282.751 463.623 270.04 450.131 253.816 449.418 c
h
252.5 479.389 m
S
252.5 479.389 m
253.816 449.418 l
242.84 448.936 232.478 454.493 226.806 463.903 c
h
252.5 479.389 m
f
252.5 479.389 m
253.816 449.418 l
242.84 448.936 232.478 454.493 226.806 463.903 c
h
252.5 479.389 m
S
252.5 479.389 m
226.806 463.903 l
223.708 469.043 222.223 474.994 222.543 480.987 c
h
252.5 479.389 m
f
252.5 479.389 m
226.806 463.903 l
223.708 469.043 222.223 474.994 222.543 480.987 c
h
252.5 479.389 m
S
252.5 479.389 m
222.543 480.987 l
222.686 483.684 223.194 486.349 224.051 488.91 c
h
252.5 479.389 m
f
252.5 479.389 m
222.543 480.987 l
222.686 483.684 223.194 486.349 224.051 488.91 c
h
252.5 479.389 m
S
252.5 479.389 m
224.051 488.91 l
224.091 489.029 224.131 489.147 224.172 489.266 c
h
252.5 479.389 m
f
252.5 479.389 m
224.051 488.91 l
224.091 489.029 224.131 489.147 224.172 489.266 c
h
252.5 479.389 m
S
252.5 479.389 m
224.172 489.266 l
228.374 501.316 239.739 509.389 252.5 509.389 c
h
252.5 479.389 m
f
252.5 479.389 m
224.172 489.266 l
228.374 501.316 239.739 509.389 252.5 509.389 c
h
252.5 479.389 m
S
0 0 0 0 k
267.5 479.389 m
267.5 487.673 260.784 494.389 252.5 494.389 c
244.216 494.389 237.5 487.673 237.5 479.389 c
237.5 471.105 244.216 464.389 252.5 464.389 c
260.784 464.389 267.5 471.105 267.5 479.389 c
f
267.5 479.389 m
267.5 487.673 260.784 494.389 252.5 494.389 c
244.216 494.389 237.5 487.673 237.5 479.389 c
237.5 471.105 244.216 464.389 252.5 464.389 c
260.784 464.389 267.5 471.105 267.5 479.389 c
S
BT
/F5 1 Tf
6 0 0 6 290.508 513.8892 Tm
0.79 0.18 1 0.04 k
(24.8)Tj
ET
q
0.2 i
287.5 510.389 16 8 re
W n
BT
6 0 0 6 299.032 513.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 513.8892 Tm
0 0 0 1 k
(Amrica Latina)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(24.6)Tj
ET
q
0.2 i
287.5 501.389 16 8 re
W n
BT
6 0 0 6 299.032 504.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 504.8893 Tm
0 0 0 1 k
(Europa Central y del Este)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(17.1)Tj
ET
q
0.2 i
287.5 492.389 16 8 re
W n
BT
6 0 0 6 299.032 495.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 495.8893 Tm
0 0 0 1 k
(Asia)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(9.5)Tj
ET
q
0.2 i
287.5 483.389 16 8 re
W n
BT
6 0 0 6 299.032 486.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 486.8892 Tm
0 0 0 1 k
(Oriente Medio/)Tj
ET
q
0.2 i
307.5 483.389 75 8 re
W n
BT
6 0 0 6 340.694 486.8892 Tm
0 Tc
()Tj
ET
Q
BT
6 0 0 6 344.16 486.8892 Tm
(frica)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-8.5313 -1.5 TD
(4.3)Tj
ET
q
0.2 i
287.5 474.389 16 8 re
W n
BT
6 0 0 6 299.032 477.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 477.8892 Tm
0 0 0 1 k
(Supranacionales)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.4213 -1.5 TD
(0.2)Tj
ET
q
0.2 i
287.5 465.389 16 8 re
W n
BT
6 0 0 6 299.032 468.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 468.8892 Tm
0 0 0 1 k
(Norteamrica)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.721 -1.5 TD
(-0.2)Tj
ET
q
0.2 i
287.5 456.389 16 8 re
W n
BT
6 0 0 6 299.032 459.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 459.8892 Tm
0 0 0 1 k
(Currency Forwards)Tj
/F5 1 Tf
0.79 0.18 1 0.04 k
-2.832 -1.5 TD
(19.7)Tj
ET
q
0.2 i
287.5 447.389 16 8 re
W n
BT
6 0 0 6 299.032 450.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 307.5 450.8892 Tm
0 0 0 1 k
(Efectivo)Tj
ET
q
0.2 i
431.5 510.389 18 8 re
W n
0 0 0 1 K
0.5 w
/GS2 gs
448.346 512.41 m
439.95 516.337 432.082 515.642 y
432 518.389 m
432 512.772 l
446.781 514.983 m
448.69 512.395 l
445.535 511.094 l
S
Q
0.92 0.73 0.2 0.05 k
/GS2 gs
430 479.389 m
430 509.389 l
446.569 509.389 460 495.958 460 479.389 c
460 476.746 459.651 474.115 458.961 471.564 c
h
430 479.389 m
f
/GS1 gs
430 479.389 m
430 509.389 l
446.569 509.389 460 495.958 460 479.389 c
460 476.746 459.651 474.115 458.961 471.564 c
h
430 479.389 m
S
430 479.389 m
458.961 471.564 l
455.094 457.249 441.348 447.907 426.614 449.581 c
h
430 479.389 m
f
430 479.389 m
458.961 471.564 l
455.094 457.249 441.348 447.907 426.614 449.581 c
h
430 479.389 m
S
430 479.389 m
426.614 449.581 l
410.152 451.451 398.322 466.312 400.192 482.775 c
401.26 492.185 406.71 500.537 414.891 505.307 c
h
430 479.389 m
f
430 479.389 m
426.614 449.581 l
410.152 451.451 398.322 466.312 400.192 482.775 c
401.26 492.185 406.71 500.537 414.891 505.307 c
h
430 479.389 m
S
430 479.389 m
414.891 505.307 l
419.478 507.981 424.691 509.389 430 509.389 c
h
430 479.389 m
f
430 479.389 m
414.891 505.307 l
419.478 507.981 424.691 509.389 430 509.389 c
h
430 479.389 m
S
0 0 0 0 k
445 479.389 m
445 487.673 438.284 494.389 430 494.389 c
421.716 494.389 415 487.673 415 479.389 c
415 471.105 421.716 464.389 430 464.389 c
438.284 464.389 445 471.105 445 479.389 c
f
445 479.389 m
445 487.673 438.284 494.389 430 494.389 c
421.716 494.389 415 487.673 415 479.389 c
415 471.105 421.716 464.389 430 464.389 c
438.284 464.389 445 471.105 445 479.389 c
S
BT
/F5 1 Tf
6 0 0 6 468.008 513.8892 Tm
0.92 0.73 0.2 0.05 k
(29.2)Tj
ET
q
0.2 i
465 510.389 16 8 re
W n
BT
6 0 0 6 476.532 513.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 513.8892 Tm
0 0 0 1 k
(Amrica Latina)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.832 -1.5 TD
(22.6)Tj
ET
q
0.2 i
465 501.389 16 8 re
W n
BT
6 0 0 6 476.532 504.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 504.8893 Tm
0 0 0 1 k
(Europa Central y del Este)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.832 -1.5 TD
(39.8)Tj
ET
q
0.2 i
465 492.389 16 8 re
W n
BT
6 0 0 6 476.532 495.8893 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 495.8893 Tm
0 0 0 1 k
(Asia)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.5 TD
(8.4)Tj
ET
q
0.2 i
465 483.389 16 8 re
W n
BT
6 0 0 6 476.532 486.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 486.8892 Tm
0 0 0 1 k
(Oriente Medio/)Tj
ET
q
0.2 i
485 483.389 75 8 re
W n
BT
6 0 0 6 518.194 486.8892 Tm
0 Tc
()Tj
ET
Q
BT
6 0 0 6 521.66 486.8892 Tm
(frica)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-8.5313 -1.5 TD
(0.0)Tj
ET
q
0.2 i
465 474.389 16 8 re
W n
BT
6 0 0 6 476.532 477.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 477.8892 Tm
0 0 0 1 k
(Supranacionales)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
465 465.389 16 8 re
W n
BT
6 0 0 6 476.532 468.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 468.8892 Tm
0 0 0 1 k
(Norteamrica)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
465 456.389 16 8 re
W n
BT
6 0 0 6 476.532 459.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 459.8892 Tm
0 0 0 1 k
(Currency Forwards)Tj
/F5 1 Tf
0.92 0.73 0.2 0.05 k
-2.4213 -1.5 TD
(0.0)Tj
ET
q
0.2 i
465 447.389 16 8 re
W n
BT
6 0 0 6 476.532 450.8892 Tm
0 Tc
(%)Tj
ET
Q
BT
/F1 1 Tf
6 0 0 6 485 450.8892 Tm
0 0 0 1 k
(Efectivo)Tj
ET
q
0.2 i
217.5 173.8 350 37.7 re
W n
BT
/F5 1 Tf
7.5 0 0 7.5 217.5 206 Tm
0 Tc
(C)Tj
ET
Q
BT
/F5 1 Tf
7.5 0 0 7.5 221.47 206 Tm
-0.0267 Tc
(onsulte el apartado de Informacin Adicional. Todos los datos de rentabilidad y de posiciones de cartera son actuales a )Tj
-0.5293 -1.24 TD
(31.ene.2024. La rentabilidad histrica no garantiza rentabilidades futuras. El valor de las inversiones y de los ingresos )Tj
T*
(derivados de las mismas ucta, y puede tanto caer como aumentar. Por consiguiente, el capital invertido podra sufrir )Tj
T*
(minusvalas.)Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
/F2 1 Tf
4 0 0 4 217.5 171.1 Tm
0 Tc
(\(1\))Tj
ET
Q
BT
/F2 1 Tf
7.5 0 0 7.5 221.052 168.3 Tm
0 Tc
(El 31 de mayo de 2016, el )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 293.9069 168.3 Tm
(G)Tj
ET
Q
BT
7.5 0 0 7.5 298.0769 168.3 Tm
(oldman )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 319.7294 168.3 Tm
(S)Tj
ET
Q
BT
7.5 0 0 7.5 323.4794 168.3 Tm
(achs )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 337.6394 168.3 Tm
(G)Tj
ET
Q
BT
7.5 0 0 7.5 341.8094 168.3 Tm
(rowth )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 359.3069 168.3 Tm
(&)Tj
ET
Q
BT
7.5 0 0 7.5 363.8894 168.3 Tm
( Emerging Markets Debt Local Portfolio pas a llamarse )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 516.3193 168.3 Tm
(G)Tj
ET
Q
BT
7.5 0 0 7.5 520.4893 168.3 Tm
(oldman )Tj
ET
q
0.2 i
217.5 24.5 350 149.3 re
W n
BT
7.5 0 0 7.5 542.1417 168.3 Tm
(S)Tj
ET
Q
BT
7.5 0 0 7.5 545.8917 168.3 Tm
(achs )Tj
-43.7856 -1.24 TD
(Emerging Markets Debt Local Portfolio.)Tj
4 0 0 4 325.3725 161.8 Tm
( \(2\))Tj
7.5 0 0 7.5 329.8125 159 Tm
(La cifra de gastos corrientes se basa en los gastos incurridos durante el ao previo. El )Tj
-14.975 -1.24 TD
(Documento de informacin clave para el inversor \(DFI/KIID\) proporciona informacin detallada a este respecto. Los gastos )Tj
T*
(corrientes son las comisiones que el fondo cobra a los inversores para cubrir los costes diarios de funcionamiento de los fondo)Tj
45.696 0 TD
(s. )Tj
-45.696 -1.24 TD
(Se detraen del fondo y repercuten en su rentabilidad. El fondo incurre en gastos en varias divisas, lo que signica que la )Tj
T*
[(cantidad a pagar puede ser mayor o menor en funcin de las uctuaciones de los tipos de cambio. T)74(odos los gastos se detraern )]TJ
T*
(del fondo, lo que afectar a su rentabilidad general.)Tj
4 0 0 4 359.475 115.3 Tm
( \(3\))Tj
7.5 0 0 7.5 363.915 112.5 Tm
(La cotizacin del ndice JPM GBI EM Global Diversied corresponde a )Tj
-19.522 -1.24 TD
(nal de mes con ingresos reinvertidos, y a diferencia del Fondo, se muestra sin deduccin de gasto alguno.)Tj
4 0 0 4 508.1474 106 Tm
( \(4\))Tj
7.5 0 0 7.5 512.5874 103.2 Tm
(Las cifras )Tj
-39.345 -1.24 TD
(correspondientes a la media sectorial de Morningstar se calculan en base a todos los fondos abiertos disponibles en el universo)Tj
46.249 0 TD
( )Tj
-46.249 -1.24 TD
(en el periodo indicado. El nmero de fondos en un sector Morningstar vara con el tiempo a medida que se lanzan nuevos fondos )Tj
T*
[(y otros se clausuran. Fuente: Morningstar)70(. 2024 Morningstar)70(, Inc. T)74(odos los derechos reservados.)]TJ
4 0 0 4 488.8349 78.1 Tm
( \(5\))Tj
7.5 0 0 7.5 493.2749 75.3 Tm
(Las rentabilidades del )Tj
-36.77 -1.24 TD
(fondo se proporcionan netas de comisiones regulares aplicables, con reinversin de dividendos segn el valor liquidativo ex )Tj
T*
(dividendo. Estas rentabilidades se ofrecen a efectos de comparacin con un ndice especicado. Dado que el inversor podra )Tj
T*
(tener que pagar otras comisiones, cargas y gravmenes, su objetivo no es proporcionar una medida del rendimiento real para el )Tj
T*
[(inversor)70(. Los datos de rendimiento no tienen en cuenta las comisiones y costes incurridos por la emisin y reembolso de )]TJ
T*
(participaciones.)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
h
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
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
<>/Font<>>>
endobj
14 0 obj
<>stream
q
0.6 i
27.5 774.389 540 40 re
W n
0.79 0.18 1 0.04 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 Emerging Markets Debt Local Portfolio)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
(Consideraciones de riesgo importantes)Tj
ET
q
0.6 i
27.5 743.389 540 7 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 27.5 737.1892 Tm
()Tj
/F5 1 Tf
8 0 0 8 37.5 737.1892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo asociado a bonos convertibles contingentes \("CoCo"\))Tj
/F1 1 Tf
22.993 0 TD
-0.05 Tc
(: La inversin en este tipo concreto de bonos podra provocar prdidas importantes en la Cartera en caso de concurrir )Tj
-22.993 -1.125 TD
(determinados acontecimientos preestablecidas. La concurrencia de estos acontecimientos genera un tipo de riesgo diferente al de)Tj
46.1391 0 TD
( los bonos tradicionales y es ms susceptible de )Tj
-46.1391 -1.125 TD
(provocar una prdida parcial o total del valor; y, en caso de que los bonos se conviertan en acciones de la empresa emisora, es)Tj
44.6341 0 TD
(ta tambin podra haber sufrido una prdida de valor.)Tj
/F6 1 Tf
6 0 0 6 27.5 709.0892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 709.0892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de contraparte)Tj
/F1 1 Tf
8.419 0 TD
-0.05 Tc
(: la contraparte con la que la Cartera negocia una operacin puede incurrir en un incumplimiento de sus obligaciones, lo cual p)Tj
44.4161 0 TD
(odra causar prdidas.)Tj
/F6 1 Tf
6 0 0 6 27.5 698.9893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 698.9893 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo crediticio)Tj
/F1 1 Tf
6.52 0 TD
-0.05 Tc
(: el incumplimiento de las obligaciones de pago por parte del emisor o de la contraparte de un activo nanciero mantenido en la)Tj
44.6381 0 TD
( Cartera repercutir negativamente en los )Tj
-51.1581 -1.125 TD
(rendimientos ofrecidos por ella.)Tj
/F6 1 Tf
6 0 0 6 27.5 679.8893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 679.8893 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de custodia)Tj
/F1 1 Tf
7.272 0 TD
-0.05 Tc
(: la quiebra, los incumplimientos del deber de diligencia o una conducta indebida del depositario o subdepositario encargado de)Tj
44.7491 0 TD
( la custodia de los activos de la Cartera )Tj
-52.0211 -1.125 TD
(puede acarrear prdidas a la misma.)Tj
/F6 1 Tf
6 0 0 6 27.5 660.7893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 660.7893 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de derivados)Tj
/F1 1 Tf
7.746 0 TD
-0.05 Tc
(: los instrumentos derivados son enormemente sensibles a las variaciones del valor del activo subyacente en el que se basan. Al)Tj
44.9661 0 TD
(gunos derivados pueden conllevar )Tj
-52.7121 -1.125 TD
(prdidas superiores al importe invertido inicialmente.)Tj
/F6 1 Tf
6 0 0 6 27.5 641.6892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 641.6892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo asociado a mercados emergentes)Tj
/F1 1 Tf
15.739 0 TD
-0.05 Tc
(: los mercados emergentes son susceptibles de comportar un riesgo ms alto debido a la menor liquidez y a la posible falta de e)Tj
44.6351 0 TD
(structuras )Tj
-60.3741 -1.125 TD
(nancieras, jurdicas, sociales, polticas y econmicas adecuadas, a su menor proteccin y estabilidad, as como a posiciones )Tj
44.8561 0 TD
(scales inciertas.)Tj
/F6 1 Tf
6 0 0 6 27.5 622.5892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 622.5892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo asociado a los tipos de cambio)Tj
/F1 1 Tf
14.629 0 TD
-0.05 Tc
(: las variaciones de los tipos de cambio pueden reducir o incrementar las rentabilidades que cabra esperar que percibieran los)Tj
44.5791 0 TD
( inversores con )Tj
-59.2081 -1.125 TD
(independencia del rendimiento de dichos activos. Las tcnicas de inversin que se empleen, en su caso, para intentar mitigar el)Tj
44.7471 0 TD
( riesgo de las uctuaciones de divisas \(cobertura\) pueden no )Tj
-44.7471 -1.125 TD
(resultar ecaces. La cobertura tambin conlleva riesgos adicionales asociados a los derivados.)Tj
/F6 1 Tf
6 0 0 6 27.5 594.4892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 594.4892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de tipos de inters)Tj
/F1 1 Tf
9.849 0 TD
-0.05 Tc
(: cuando los tipos de inters suben, los precios de los bonos bajan, lo que muestra la capacidad de los inversores para obtener)Tj
44.3011 0 TD
( un tipo de inters ms atractivo )Tj
-54.1501 -1.125 TD
(por su dinero en otra parte. Por lo tanto, los precios de los bonos estn expuestos a las uctuaciones de los tipos de inters,)Tj
43.247 0 TD
( que pueden variar por distintas razones, tanto polticas como )Tj
-43.247 -1.125 TD
(econmicas.)Tj
/F6 1 Tf
6 0 0 6 27.5 566.3892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 566.3892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de apalancamiento)Tj
/F1 1 Tf
10.178 0 TD
-0.05 Tc
(: la Cartera puede operar con un importante grado de apalancamiento. El apalancamiento se produce cuando la exposicin econmic)Tj
47.0291 0 TD
(a generada por el uso de )Tj
-57.2071 -1.125 TD
(derivados es mayor que la cantidad invertida. Una Cartera apalancada podra generar importantes uctuaciones en su valor y, por)Tj
45.6921 0 TD
( consiguiente, el apalancamiento conlleva un riesgo )Tj
-45.6921 -1.125 TD
(elevado, incluido el riesgo de prdidas importantes.)Tj
/F6 1 Tf
6 0 0 6 27.5 538.2892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 538.2892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de liquidez)Tj
/F1 1 Tf
6.995 0 TD
-0.05 Tc
(: la Cartera no siempre podr encontrar a otra parte dispuesta a comprar un activo del cual desea desprenderse, lo que podra i)Tj
44.5811 0 TD
(ncidir en la capacidad de la Cartera para )Tj
-51.5761 -1.125 TD
(atender las solicitudes de reembolso presentadas.)Tj
/F6 1 Tf
6 0 0 6 27.5 519.1892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 519.1892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo de mercado)Tj
/F1 1 Tf
7.352 0 TD
-0.05 Tc
(: el valor de los activos mantenidos en la Cartera suele venir determinado por una serie de factores, entre ellos los niveles d)Tj
43.0231 0 TD
(e conanza del mercado en que cotizan )Tj
-50.3751 -1.125 TD
(dichos activos.)Tj
/F6 1 Tf
6 0 0 6 27.5 500.0892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 500.0892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo operativo)Tj
/F1 1 Tf
6.433 0 TD
-0.05 Tc
(: la Cartera puede incurrir en prdidas sustanciales como consecuencia de un error humano, un fallo del sistema o del proceso, )Tj
44.8581 0 TD
(o por el empleo de procedimientos o )Tj
-51.2911 -1.125 TD
(controles inadecuados.)Tj
/F6 1 Tf
6 0 0 6 27.5 480.9892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 480.9892 Tm
0 0 0 1 k
-0.025 Tc
(Riesgo asociado a ttulos con garanta hipotecaria \(MBS\) y a ttulos con garanta de activos \(ABS\))Tj
/F1 1 Tf
38.891 0 TD
-0.05 Tc
(: los prstamos hipotecarios que garantizan MBS y los activos que garantizan )Tj
-38.891 -1.125 TD
(ABS puede que se amorticen ms pronto de lo requerido, lo que producira una merma de la rentabilidad.)Tj
/F6 1 Tf
6 0 0 6 27.5 461.8892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F1 1 Tf
8 0 0 8 37.5 461.8892 Tm
0 0 0 1 k
-0.05 Tc
(En el folleto del Fondo se ofrece informacin exhaustiva sobre los riesgos de invertir en l.)Tj
/F5 1 Tf
8.5 0 0 8.5 27.5 397.5892 Tm
0.53 0.32 0.11 0 k
0 Tc
(Glosario)Tj
ET
q
0.6 i
27.5 383.089 540 7 re
W n
1 0.84 0.31 0.17 K
0 J 0 j 2 w 10 M []0 d
27.5 390.089 m
567.5 390.089 l
S
Q
BT
/F6 1 Tf
6 0 0 6 27.5 376.8892 Tm
()Tj
/F5 1 Tf
8 0 0 8 37.5 376.8892 Tm
0 0 0 1 k
-0.025 Tc
(Beta)Tj
/F1 1 Tf
1.789 0 TD
-0.05 Tc
( Medida de la sensibilidad de la rentabilidad del fondo a la evolucin del ndice de referencia \(anualizada\). Cuanto ms cerc)Tj
43.7501 0 TD
(a est de 1,00, ms se han correspondido las uctuaciones )Tj
-45.5391 -1.125 TD
(histricas del valor del fondo con las del indicador. Si su valor es mayor que 1,00, indica que las uctuaciones del fondo han)Tj
43.301 0 TD
( sido superiores a las del ndice de referencia.)Tj
/F6 1 Tf
6 0 0 6 27.5 357.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 357.7892 Tm
0 0 0 1 k
-0.025 Tc
(Duracin de la cartera)Tj
/F1 1 Tf
8.56 0 TD
-0.05 Tc
( Medida de la sensibilidad del precio de un bono o de una cartera a un cambio en los tipos de inters. Cuanto mayor sea esta )Tj
44.4701 0 TD
(cifra \(ya sea positiva o negativa\), ms )Tj
-53.0301 -1.125 TD
(se mover la cotizacin ante un cambio determinado de los tipos de inters. Si la duracin es positiva, una subida de los tipos)Tj
43.8031 0 TD
( de inters provoca una cada del precio; si es negativa, una )Tj
-43.8031 -1.125 TD
(subida de los tipos conduce a una subida de la cotizacin del activo.)Tj
/F6 1 Tf
6 0 0 6 27.5 329.6892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 329.6892 Tm
0 0 0 1 k
-0.025 Tc
(Rentabilidad excedente)Tj
/F1 1 Tf
9.118 0 TD
-0.05 Tc
( La rentabilidad generada por el fondo por encima de la de un ndice de referencia \(anualizada\).)Tj
/F6 1 Tf
6 0 0 6 27.5 319.5892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 319.5892 Tm
0 0 0 1 k
-0.025 Tc
(Error de seguimiento histrico)Tj
/F1 1 Tf
11.526 0 TD
-0.05 Tc
( Medida de la desviacin registrada por la rentabilidad del fondo respecto a la evolucin del ndice de referencia \(anualizad)Tj
43.7491 0 TD
(a\). Una cifra elevada indica )Tj
-55.2751 -1.125 TD
(que el fondo est asumiendo ms riesgo respecto al indicador.)Tj
/F6 1 Tf
6 0 0 6 27.5 300.4893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 300.4893 Tm
0 0 0 1 k
-0.025 Tc
(Volatilidad histrica de la cartera)Tj
/F1 1 Tf
12.792 0 TD
-0.05 Tc
( Ilustra la dispersin de las rentabilidades mensuales del fondo respecto a la rentabilidad mensual media, e indica lo volti)Tj
43.1911 0 TD
(l que es la rentabilidad del )Tj
-55.9831 -1.125 TD
(fondo con el tiempo. Cuanto mayor sea esta cifra, ms voltiles son las rentabilidades del fondo.)Tj
/F6 1 Tf
6 0 0 6 27.5 281.3893 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 281.3893 Tm
0 0 0 1 k
-0.025 Tc
(Duracin de tipos de inters)Tj
/F1 1 Tf
10.743 0 TD
-0.05 Tc
( Una medida modicada de duracin total media estimada por GSAM. Esta medida modicada tiene en cuenta los diferentes comport)Tj
47.6401 0 TD
(amientos de distintos )Tj
-58.3831 -1.125 TD
(mercados de deuda a nivel mundial, al reexpresar todas las exposiciones de duracin en base a un criterio comn del mercado est)Tj
45.968 0 TD
(adounidense. Su objetivo es mejorar la estimacin de la )Tj
-45.968 -1.125 TD
(sensibilidad de la cartera a cambios en los tipos de inters. Esta estimacin se basa en observaciones histricas entre mercado)Tj
44.8011 0 TD
(s que estn expuestos a cambios a lo largo del tiempo, y )Tj
-44.8011 -1.125 TD
(podra no coincidir con los niveles reales.)Tj
/F6 1 Tf
6 0 0 6 27.5 244.2892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 244.2892 Tm
0 0 0 1 k
-0.025 Tc
(Valor liquidativo)Tj
/F1 1 Tf
6.298 0 TD
-0.05 Tc
( Representa los activos netos del fondo \(ex-dividendo\) divididos por el nmero total de acciones o participaciones emitidas )Tj
43.9151 0 TD
(por el fondo.)Tj
/F6 1 Tf
6 0 0 6 27.5 234.1892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 234.1892 Tm
0 0 0 1 k
-0.025 Tc
(Gastos corrientes)Tj
/F1 1 Tf
6.74 0 TD
-0.05 Tc
( La cifra de gastos corrientes se basa en los gastos incurridos por el fondo en los 12 meses previos \(es decir, en periodos m)Tj
43.6871 0 TD
(viles de doce meses\). Excluye costes de )Tj
-50.4271 -1.125 TD
(operacin y comisiones de rendimiento.)Tj
/F6 1 Tf
6 0 0 6 27.5 215.0892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 215.0892 Tm
0 0 0 1 k
-0.025 Tc
(Otros gastos)Tj
/F1 1 Tf
4.754 0 TD
-0.05 Tc
(: Cargos deducidos del patrimonio del Fondo incurridos en el marco de sus actividades, incluyendo si procede costes resultant)Tj
45.1911 0 TD
(es de invertir en otros fondos.)Tj
/F6 1 Tf
6 0 0 6 27.5 204.9892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 204.9892 Tm
0 0 0 1 k
(R)Tj
/F2 1 Tf
4 0 0 4 41.748 207.9892 Tm
(2)Tj
/F1 1 Tf
8 0 0 8 43.124 204.9892 Tm
-0.05 Tc
( Medida del porcentaje del movimiento de una cartera que obedece a movimientos del ndice de referencia \(anualizados\). Cuanto)Tj
46.0291 0 TD
( ms cerca est de [1,00], ms se corresponde el riesgo )Tj
-46.7321 -1.125 TD
(del fondo con el del indicador \(es decir, menos se desva el riesgo asumido por el fondo del que conlleva el ndice\).)Tj
/F6 1 Tf
6 0 0 6 27.5 185.8892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 185.8892 Tm
0 0 0 1 k
-0.025 Tc
(Ajuste por dilucin)Tj
/F1 1 Tf
7.247 0 TD
-0.05 Tc
( \(swing pricing\) El factor de oscilacin constituye el factor en vigor a n de mes y puede sufrir modicaciones en cualquier )Tj
43.5811 0 TD
(Da de negociacin, en funcin de las )Tj
-50.8281 -1.125 TD
(condiciones predominantes del mercado.)Tj
/F6 1 Tf
6 0 0 6 27.5 166.7892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 166.7892 Tm
0 0 0 1 k
-0.025 Tc
(Rentabilidad al vencimiento)Tj
/F1 1 Tf
10.715 0 TD
-0.05 Tc
( El rendimiento al vencimiento \(YTM, por sus siglas en ingls\) es el tipo de inters que hace que el valor actual de los ujo)Tj
42.9131 0 TD
(s de efectivo de un bono sea igual )Tj
-53.6281 -1.125 TD
(al precio del bono o a la inversin inicial. El YTM de los derivados, los futuros del Tesoro y las permutas de tipos de inters)Tj
42.466 0 TD
( incluye el efecto de los tipos de nanciacin actuales \(debido a un )Tj
-42.466 -1.125 TD
(cambio en la fuente de los datos, los tipos de nanciacin de los futuros del Tesoro nose incorporaron al clculo del YTM desd)Tj
44.4701 0 TD
(e principios de 2020, aproximadamente, hasta el 9 de )Tj
-44.4701 -1.125 TD
(noviembre de 2022; a partir del 9 de noviembre de 2022, se volvieron a incorporar\). A nivel de cartera, el YTM es una caracter)Tj
43.686 0 TD
(stica basada en las participaciones en una fecha concreta y se )Tj
-43.686 -1.125 TD
(considera un rendimiento de los bonos a largo plazo expresado como una tasa de rentabilidad anualizada, en el supuesto de que l)Tj
45.4711 0 TD
(a cartera mantenga los activos hasta el vencimiento y los )Tj
-45.4711 -1.125 TD
(tipos de inters permanezcan constantes. El YTM no representa el rendimiento de una cartera y puede aumentar o disminuir en fun)Tj
46.0271 0 TD
(cin del valor actual del precio de mercado de un bono, )Tj
-46.0271 -1.125 TD
(as como del nmero y del importe de los pagos restantes.)Tj
/F6 1 Tf
6 0 0 6 27.5 102.6892 Tm
0.53 0.32 0.11 0 k
0 Tc
()Tj
/F5 1 Tf
8 0 0 8 37.5 102.6892 Tm
0 0 0 1 k
-0.025 Tc
(Rentabilidad yield to worst \(%\))Tj
/F1 1 Tf
11.726 0 TD
-0.05 Tc
( El rendimiento potencial ms bajo \(YTW, por sus siglas en ingls\) es el tipo de inters que hace que el valor actual de los )Tj
42.9691 0 TD
(ujos de efectivo de un bono )Tj
-54.6951 -1.125 TD
(sea igual al precio del bono o a la inversin inicial. Se obtiene a partir de los supuestos del peor de los casos \(salvo el inc)Tj
42.0231 0 TD
(umplimiento del emisor\) sobre el bono, calculando la rentabilidad )Tj
-42.0231 -1.125 TD
(que se recibira si el emisor recurriera a determinadas clusulas, como el reembolso anticipado, la opcin de compra, la opcin)Tj
44.6341 0 TD
( de venta y el fondo de amortizacin. El YTW de los derivados, )Tj
-44.6341 -1.125 TD
(los futuros del Tesoro y las permutas de tipos de inters incluye el efecto de los tipos de nanciacin actuales \(debido a un c)Tj
43.5261 0 TD
(ambio en la fuente de los datos, los tipos de nanciacin de los )Tj
-43.5261 -1.125 TD
(futuros del Tesoro nose incorporaron al clculo del YTW desde principios de 2020, aproximadamente, hasta el 9 de noviembre de )Tj
45.5231 0 TD
(2022; a partir del 9 de noviembre de 2022, se volvieron a )Tj
-45.5231 -1.125 TD
(incorporar\). A nivel de cartera, el YTW es una caracterstica basada en las participaciones en una fecha concreta y se consider)Tj
44.7481 0 TD
(a un rendimiento de los bonos a largo plazo expresado como )Tj
-44.7481 -1.125 TD
(una tasa de rentabilidad anualizada, en el supuesto de que los valores de la cartera se reembolsen con el peor rendimiento tras)Tj
44.5811 0 TD
( alcanzar cada fecha de reembolso anticipado potencial. El )Tj
-44.5811 -1.125 TD
(YTW no representa el rendimiento de una cartera y puede aumentar o disminuir en funcin del valor actual del precio de mercado )Tj
45.7491 0 TD
(de un bono, as como del nmero y del importe de los )Tj
-45.7491 -1.125 TD
(pagos restantes.)Tj
0.53 0.32 0.11 0 k
22.722 -2.0237 TD
0 Tc
(3)Tj
ET
endstream
endobj
17 0 obj
<>/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
(Notas adicionales)Tj
8 0 0 8 27.5 773.8892 Tm
0 0 0 1 k
-0.0375 Tc
(Este material es una promocin nanciera y ha sido emitido por Goldman Sachs International, entidad autorizada por la Autoridad)Tj
47.0045 0 TD
( de Regulacin Prudencial \(PRA\) y regulada por la )Tj
-47.0045 -1.25 TD
(Autoridad de Conducta Financiera \(FCA\) y por la PRA \(los organismos de supervisin nanciera del Reino Unido\).)Tj
0 -1.3125 TD
(De igual modo, esta informacin tampoco deber interpretarse como anlisis nanciero; tampoco se ha elaborado de acuerdo con la)Tj
48.3925 0 TD
(s provisiones legislativas aplicables diseadas para )Tj
-48.3925 -1.25 TD
(fomentar la independencia del anlisis nanciero, ni est sujeto a prohibicin alguna de contratacin en bolsa tras la distribu)Tj
45.2255 0 TD
(cin de tal anlisis.)Tj
-45.2255 -1.3125 TD
(Esta informacin va dirigida exclusivamente al destinatario especicado y no podr reproducirse ni distribuirse, ya sea en part)Tj
45.7775 0 TD
(e o en su totalidad, a ninguna persona sin la autorizacin )Tj
-45.7775 -1.25 TD
(previa y por escrito de GSI. Goldman Sachs International no asume responsabilidad alguna por el uso incorrecto o por la distrib)Tj
46.0575 0 TD
(ucin inapropiada del presente material.)Tj
/F5 1 Tf
-46.0575 -1.3125 TD
-0.0313 Tc
(Documentacin de oferta)Tj
/F1 1 Tf
9.5033 0 TD
-0.0375 Tc
(: El presente material se le proporciona a efectos meramente informativos porque usted lo ha solicitado, y no constituye ningun)Tj
46.0026 0 TD
(a oferta o invitacin a invertir en )Tj
-55.5058 -1.25 TD
(jurisdicciones donde tal invitacin sea ilegal, o a personas a quienes hacerlo resulte ilegal. Este material solamente contiene)Tj
45.1125 0 TD
( informacin seleccionada sobre el fondo, y no constituye )Tj
-45.1125 -1.25 TD
(ninguna oferta de compra de acciones o participaciones del mismo. Se recomienda al inversor que, antes de realizar cualquier in)Tj
46.8355 0 TD
(versin, lea detenidamente el Documento de Datos )Tj
-46.8355 -1.25 TD
(Fundamentales para el Inversor \(DFI o KIID\) y la documentacin ms reciente relativa al fondo, incluido, entre otros, el follet)Tj
44.6705 0 TD
(o informativo \(donde se especican todos los riesgos )Tj
-44.6705 -1.25 TD
(aplicables a una inversin en el mismo\). El inversor podr obtener gratuitamente los estatutos de constitucin, el folleto info)Tj
44.6695 0 TD
(rmativo, los suplementos al mismo, el DFI y el informe anual o )Tj
-44.6695 -1.25 TD
(semestral ms reciente, dirigindose al agente de pago e informacin del fondo o a su asesor nanciero.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Distribucin de acciones)Tj
/F1 1 Tf
9.416 0 TD
-0.0375 Tc
0 Tw
(: Las acciones o participaciones del fondo podran no estar registradas para su distribucin al pblico en ciertas jurisdiccion)Tj
45.0006 0 TD
(es \(como por ejemplo, en cualquier )Tj
-54.4166 -1.25 TD
(pas latinoamericano, africano o asitico\). Por lo tanto, dichas acciones o participaciones del fondo no debern comercializars)Tj
45.8375 0 TD
(e u ofrecerse a residentes de tales jurisdicciones, a no ser )Tj
-45.8375 -1.25 TD
(que dicha actividad se realice de acuerdo con exenciones aplicables para la colocacin privada de instituciones de inversin co)Tj
46.6685 0 TD
(lectiva y con otras normas y regulaciones aplicables.)Tj
/F5 1 Tf
-46.6685 -1.3125 TD
-0.0313 Tc
(Asesoramiento de inversin y prdida potencial)Tj
/F1 1 Tf
17.9485 0 TD
-0.0375 Tc
(: En general, los asesores nancieros recomiendan diversicar las carteras de inversin. El fondo descrito en el presente docum)Tj
46.5546 0 TD
(ento no )Tj
-64.5031 -1.25 TD
(representa por s mismo una inversin diversicada. La presente informacin no debe interpretarse como asesoramiento scal o de)Tj
47.8885 0 TD
( inversin. Los inversores potenciales debern )Tj
-47.8885 -1.25 TD
(consultar con su asesor nanciero y su asesor scal antes de invertir, a n de determinar la idoneidad de una inversin en el f)Tj
45.6105 0 TD
(ondo.)Tj
/F5 1 Tf
-45.6105 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Un inversor solamente debera invertir en el fondo si cuenta con sucientes recursos nancieros como para soportar la prdida c)Tj
48.4103 0 TD
0 Tw
(ompleta de su inversin.)Tj
-48.4103 -1.3125 TD
0.0001 Tw
(Ajuste por dilucin \(swing pricing\))Tj
/F1 1 Tf
13.0173 0 TD
-0.0375 Tc
0 Tw
(: Tenga en cuenta que el fondo aplica una poltica de ajuste por dilucin \(swing pricing\) de su valor liquidativo. El inversor )Tj
43.9466 0 TD
(debe ser consciente de que, )Tj
-56.9639 -1.25 TD
(de vez en cuando, esta metodologa podra hacer que el rendimiento del fondo se desve del de su ndice de referencia nicament)Tj
47.0595 0 TD
(e por efecto del ajuste de dilucin, independientemente )Tj
-47.0595 -1.25 TD
(de la evolucin de precios de los instrumentos subyacentes.)Tj
0 -1.3125 TD
(Por lo general, las comisiones se cargan y son pagaderas al n de cada trimestre y se basan en los valores medios de mercado a )Tj
47.0536 0 TD
(n de cada mes durante el trimestre en cuestin.)Tj
-47.0536 -1.3125 TD
(Nuestro Formulario ADV, Parte II, incluye informacin adicional al respecto. Dicho formulario est disponible en http://www.adv)Tj
46.2815 0 TD
(iserinfo.sec.gov/IAPD/Content/Search/iapd_Search.aspx.)Tj
/F5 1 Tf
-46.2815 -1.3125 TD
-0.0313 Tc
(Los documentos que proporcionan ms informacin detallada sobre el fondo, incluidos los estatutos, el folleto, el suplemento y )Tj
47.7473 0 TD
(los documentos de datos fundamentales para el )Tj
-47.7473 -1.25 TD
0.0001 Tw
(inversor \(KIID\), el informe anual o semestral \(segn proceda\) y un resumen de sus derechos como inversor, estn disponibles gra)Tj
48.2423 0 TD
0 Tw
(tuitamente en ingls y, si es preciso, en su idioma )Tj
-48.2423 -1.25 TD
0.0001 Tw
(local en la pgina de inicio del idioma que corresponda a travs del siguiente enlace https://www.gsam.com/content/gsam/ain/en/)Tj
49.1403 0 TD
0 Tw
(advisors/literature-and-forms/literature.html. )Tj
-49.1403 -1.25 TD
(Tambin podr solicitar dichos documentos a los agentes de pago e informacin que guran a continuacin. Si GSAM B.V., la socie)Tj
49.3593 0 TD
(dad gestora, decide poner n a su acuerdo de )Tj
-49.3593 -1.25 TD
0.0001 Tw
(comercializacin del fondo en cualquier pas del EEE en el que est registrada para su venta, lo har con arreglo a las normas )Tj
47.3013 0 TD
0 Tw
(pertinentes de los OICVM.)Tj
-47.3013 -1.3125 TD
(Austria)Tj
/F1 1 Tf
2.7253 0 TD
-0.0375 Tc
(: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Viena.)Tj
/F5 1 Tf
-2.7253 -1.3125 TD
-0.0313 Tc
(Blgica)Tj
/F1 1 Tf
2.9483 0 TD
-0.0375 Tc
(: CACEIS Investor Services Belgium, Place Rogier II, 1210 Bruselas.)Tj
/F5 1 Tf
-2.9483 -1.3125 TD
-0.0313 Tc
(Dinamarca)Tj
/F1 1 Tf
4.1628 0 TD
-0.0375 Tc
(: Stockrate Asset Management, Mollevej 9 E2, DK-2990 Niva.)Tj
/F5 1 Tf
-4.1628 -1.3125 TD
-0.0313 Tc
(Francia)Tj
/F1 1 Tf
2.8362 0 TD
-0.0375 Tc
(: CACEIS Investor Services Bank France S.A., 105, rue Raumur, 75002 Pars.)Tj
/F5 1 Tf
-2.8362 -1.3125 TD
-0.0313 Tc
(Alemania)Tj
/F1 1 Tf
3.639 0 TD
-0.0375 Tc
(: State Street Bank GmbH, Brienner Strasse 59, 80333 Mnich.)Tj
/F5 1 Tf
-3.639 -1.3125 TD
-0.0313 Tc
(Grecia)Tj
/F1 1 Tf
2.5345 0 TD
-0.0375 Tc
(: Piraeus Bank S.A., 4 Amerikis Street, 10564 Atenas.)Tj
/F5 1 Tf
-2.5345 -1.3125 TD
-0.0313 Tc
(Irlanda)Tj
/F1 1 Tf
2.6702 0 TD
-0.0375 Tc
(: CACEIS Investor Services Ireland Limited, George's Quay House, 43 Townsend Street, Dubln 2.)Tj
/F5 1 Tf
-2.6702 -1.3125 TD
-0.0313 Tc
(Italia)Tj
/F1 1 Tf
1.9245 0 TD
-0.0375 Tc
(: Socit Gnrale Securities Services, Maciachini Center MAC 2, Via Benigno Crespi, 19/A, 20159 Miln; AllFunds Bank S.A. Fi)Tj
46.3886 0 TD
(liale di Milano, Via Santa Margherita 7, 20121 Miln; )Tj
-48.3131 -1.25 TD
(CACEIS Investor Services Bank S.A. Milan Branch, Cia Vittor Pisani, 26, 20154 Miln; State Street Bank S.pA., Via Col Moschin)Tj
46.0595 0 TD
(, 16 , 20136 Miln; BNP Paribas Securities Services )Tj
-46.0595 -1.25 TD
(Succursale di Milano, Via Ansperto 5, 20121 Miln; Banca Sella, Piazza Gaudenzio Sella 1, 13900 Biella Bl.)Tj
/F5 1 Tf
0 -1.3125 TD
-0.0313 Tc
(Luxemburgo)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 Luxemburgo.)Tj
/F5 1 Tf
-4.6865 -1.3125 TD
-0.0313 Tc
(Polonia:)Tj
/F1 1 Tf
3.084 0 TD
-0.0375 Tc
( Bank Pekao S.A, Zwirki i Wigury str. 31, 00-844 Varsovia.)Tj
/F5 1 Tf
-3.084 -1.3125 TD
-0.0313 Tc
(Eslovenia:)Tj
/F1 1 Tf
3.8535 0 TD
-0.0375 Tc
( NOVA KBM d.d, con domicilio social en Ulica Vita Kraigherja 4, 2000 Maribor, Eslovenia.)Tj
/F5 1 Tf
-3.8535 -1.3125 TD
-0.0313 Tc
(Suecia)Tj
/F1 1 Tf
2.6465 0 TD
-0.0375 Tc
(: Skandinaviska Enskilda Banken AB, a travs de su entidad Global Transaction Services, SEB Merchant Banking, Sergels Torg 2, S)Tj
47.5006 0 TD
(T MH1, SE-106 40 Estocolmo.)Tj
/F5 1 Tf
-50.1471 -1.3125 TD
-0.0313 Tc
(Suiza)Tj
/F1 1 Tf
2.0668 0 TD
-0.0375 Tc
(: El representante suizo del fondo es First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich. El agente de pagos del)Tj
45.4445 0 TD
( fondo en Suiza es Goldman Sachs Bank AG, )Tj
-47.5113 -1.25 TD
(Claridenstrasse 25, 8022 Zurich. El Documento de Datos Fundamentales para el Inversor \(DFI o KIID\) y los informes anuales y sem)Tj
46.7765 0 TD
(estrales del fondo se pueden obtener gratuitamente a )Tj
ET
q
1 i
27.5 308.389 540 30.5 re
W n
BT
8 0 0 8 27.5 312.3892 Tm
0 Tc
(t)Tj
ET
Q
BT
8 0 0 8 29.424 312.3892 Tm
(ravs del representante en Suiza o de Goldman Sachs Bank AG en Zurich.)Tj
-0.2405 -1.3125 TD
(Los inversores ubicados en los pases que se mencionan a continuacin debern tener en cuenta la siguiente informacin adiciona)Tj
47.7245 0 TD
(l.)Tj
/F5 1 Tf
-47.7245 -1.3125 TD
-0.0313 Tc
(Australia)Tj
/F1 1 Tf
3.4408 0 TD
-0.0375 Tc
(: El presente material es distribuido en Australia y Nueva Zelanda por Goldman Sachs Asset Management & Partners Australia Pty )Tj
47.5026 0 TD
(Ltd ABN 41 006 099 681, AFSL 228948 )Tj
-50.9433 -1.25 TD
(\(GSAMA\) y va dirigido exclusivamente a clientes mayoristas en Australia a efectos de la seccin 761G de la Ley de Sociedades de)Tj
47.1665 0 TD
( 2001 \(Corporations Act 2001\) \(Cth\) y a clientes que )Tj
-47.1665 -1.25 TD
(pertenezcan a cualquiera o a todas las categoras de inversores detalladas en la seccin 3\(2\) o en la subseccin 5\(2CC\) de la L)Tj
45.8355 0 TD
(ey de Valores de 1978 \(NZ\).)Tj
/F5 1 Tf
-45.8355 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Hong Kong)Tj
/F1 1 Tf
4.1077 0 TD
-0.0375 Tc
0 Tw
(: Este material ha sido emitido o aprobado para su uso en o desde Hong Kong por Goldman Sachs Asset Management \(Hong Kong\) Limi)Tj
49.1706 0 TD
(ted.)Tj
/F5 1 Tf
-53.2783 -1.3125 TD
-0.0313 Tc
0.0001 Tw
(Pases Bajos)Tj
/F1 1 Tf
4.902 0 TD
-0.0375 Tc
0 Tw
(: El fondo se incluye en el registro que mantiene la autoridad de servicios nancieros holandesa \(Stichting Autoriteit Financi)Tj
45.1146 0 TD
(le Markten, AFM\).)Tj
/F5 1 Tf
-50.0166 -1.3125 TD
-0.0313 Tc
(Singapur)Tj
/F1 1 Tf
3.417 0 TD
-0.0375 Tc
(: Este material ha sido emitido o aprobado para su utilizacin en o desde Singapur por Goldman Sachs Asset Management \(Singapor)Tj
48.1156 0 TD
(e\) Pte. Ltd. \(N 201329851H\).)Tj
/F5 1 Tf
-51.5326 -1.3125 TD
-0.0313 Tc
(Espaa)Tj
/F1 1 Tf
2.7565 0 TD
-0.0375 Tc
(: El fondo es un OICVM extranjero registrado en la Comisin Nacional del Mercado de Valores \(CNMV\) con los nmeros 141 \(SICAV\),)Tj
48.0616 0 TD
( 913 \(SICAV II\) y 305 \(PLC\). La descripcin )Tj
-50.8181 -1.25 TD
(completa del fondo, su correspondiente KIID y el resto de documentacin obligatoria se hallan disponibles gratuitamente en cual)Tj
46.7275 0 TD
(quiera de los distribuidores autorizados del Fondo que )Tj
-46.7275 -1.25 TD
(guran en el sitio web de la CNMV \(www.cnmv.es\).)Tj
/F5 1 Tf
0 -13.25 TD
-0.0313 Tc
(Condencialidad)Tj
/F1 1 Tf
0 -1.3125 TD
-0.025 Tc
(Ninguna parte de este material podr, sin el consentimiento previo por escrito de GSAM, ser \(i\) copiada, fotocopiada o reproduc)Tj
48.036 0 TD
(ida de ninguna forma o por ningn medio, ni \(ii\) )Tj
-48.036 -1.25 TD
(distribuida a ninguna persona que no sea empleado, ejecutivo, consejero o agente autorizado del destinatario.)Tj
0 -1.3125 TD
( 2024 Goldman Sachs. Todos los derechos reservados.)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
(Toda referencia a un regulador nacional es meramente informativa y no debe interpretarse como una aprobacin, o de cualquier ot)Tj
49.258 0 TD
(ra manera, por parte de dicho regulador en )Tj
-49.258 -1.25 TD
(cuanto a las ventajas de invertir en el Fondo.)Tj
0.53 0.32 0.11 0 k
23.972 -2.1112 TD
0 Tc
(4)Tj
ET
endstream
endobj
21 0 obj
<>
endobj
22 0 obj
<>
endobj
23 0 obj
<>
endobj
24 0 obj
<>
endobj
25 0 obj
<>
endobj
20 0 obj
<>
endobj
19 0 obj
<>
endobj
18 0 obj
<>stream
Hb``qtqre``((*)rrR` \\ yy5F}Yd<^H bd K
@HR6bg9
L<% ɚ
FF&
)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[