Goldman Sachs European ABS - Q Cap EUR/  LU2485717560  /

Fonds
NAV2024-05-10 Chg.+1.0000 Type of yield Investment Focus Investment company
6,065.9702EUR +0.02% reinvestment Bonds Worldwide Goldman Sachs AM BV 

Investment strategy

The Fund promotes environmental or social characteristics but does not have a sustainable investment objective. The Fund integrates ESG factors and risk in the investment process alongside traditional factors. The fund primarily invests in a diversified portfolio of bonds denominated or hedged to Euro. The fund will invest in asset backed securities with a minimum rating of Investment Grade (IG) at the time of purchase, which is defined as BBB- and higher by Standard and Poor"s Rating Services (S&P) and/or Fitch Rating (Fitch) and Baa3 and higher by Moody"s Investor Services (Moody"s). The targeted average rating of the fund is A (S&P and Fitch) or A2 (Moody"s). Asset backed securities are bonds backed by the collateral, e.g. residential mortgages, commercial real estate debt, consumer loans or credit card receivables. Measured over a period of several years the aims to achieve the highest possible total return in the longer term and within the framework of the set risk profile.
 

Investment goal

The Fund promotes environmental or social characteristics but does not have a sustainable investment objective. The Fund integrates ESG factors and risk in the investment process alongside traditional factors.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: Euribor 3-month
Business year start: 10-01
Last Distribution: -
Depository bank: Brown Brothers Harriman (Luxembourg) S.C.A.
Fund domicile: Luxembourg
Distribution permission: Germany, Switzerland
Fund manager: Bart Bakx, Hon-Cheung Man, Fleur van den Bosch, Maikel Scharloo
Fund volume: 227.83 mill.  EUR
Launch date: 2022-08-03
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.15%
Minimum investment: 100,000,000.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: -
 

Investment company

Funds company: Goldman Sachs AM BV
Address: Schenkkade 65, 2509, LL Den Haag
Country: Netherlands
Internet: www.gsam.com
 

Assets

Bonds
 
92.01%
Cash
 
5.14%
Others
 
2.85%

Countries

Global
 
22.65%
United Kingdom
 
19.77%
Spain
 
11.28%
Germany
 
8.76%
Netherlands
 
8.23%
Ireland
 
7.31%
Italy
 
6.50%
Cash
 
5.14%
Portugal
 
3.38%
France
 
1.71%
Others
 
5.27%

Currencies

Euro
 
97.09%
British Pound
 
0.06%
Others
 
2.85%