Disclosures
Source: Asian Private Banker. Goldman Sachs Asset Management and Asian Private Banker are not related, and Asian Private Banker has not endorsed either Goldman Sachs Asset Management or its products.
Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. We have relied upon and assumed without independent verification, the accuracy and completeness of all information available from public sources.
Risk Consideration
Emerging markets investments may be less liquid and are subject to greater risk than developed market investments as a result of, but not limited to, the following: inadequate regulations, volatile securities markets, adverse exchange rates, and social, political, military, regulatory, economic or environmental developments, or natural disasters.
Equity investments are subject to market risk, which means that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular sectors and/or general economic conditions. Different investment styles (e.g., “growth” and “value”) tend to shift in and out of favor, and, at times, the strategy may underperform other strategies that invest in similar asset classes. The market capitalization of a company may also involve greater risks (e.g. "small" or "mid" cap companies) than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements, in addition to lower liquidity.
Offering Documents
This material is provided at your request for informational purposes. It only contains selected information with regards to the fund and does not constitute an offer to buy shares in the fund. The value of the shares in the fund and the income accruing to the shares, if any, may fall or rise. Prior to an investment, prospective investors should carefully read the latest Singapore Prospectus and Product Highlight Sheet (‘PHS’), which contain inter alia a comprehensive disclosure of applicable risks. The Singapore Prospectus, PHS and latest annual/semi-annual report are available free of charge from the fund’s Singapore representative, Goldman Sachs Asset Management (Singapore) Pte. Ltd., 1 Raffles Link, #07-01 South Lobby, Singapore 039393, from our website at http://www.gsamfunds.com/sg or via your financial adviser. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. This material has been issued or approved for use in or from Singapore by Goldman Sachs Asset Management (Singapore) Pte. Ltd. (Company Number: 201329851H).
Investment Advice and Potential Loss
This material must not be construed as investment or tax advice. Prospective investors should consult their financial and tax adviser before investing in order to determine whether an investment would be suitable for them. The value of shares in the fund and any income derived from it may fall or rise. An investor should only invest if he/she has the necessary financial resources to bear a complete loss of this investment.
Past performance does not guarantee future results, which may vary. The value of investments and the income from them can fluctuate and is not guaranteed.
Swing Pricing: Please note that the fund operates a swing pricing policy. Investors should be aware that from time to time this may result in the fund performing differently compared to the reference benchmark/comparative index based solely on the effect of swing pricing rather than price developments of underlying instruments. Returns on the fund are calculated on an offer-to-bid basis [as per the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations Fifth Schedule (‘Fifth Schedule’)] assuming that all dividends and distributions, if any, are reinvested, and taking into account all charges payable upon such reinvestment.
The Fund may use or invest in financial derivatives.
Goldman Sachs Funds SICAV is the responsible person for the fund.
Goldman Sachs hereby notifies each recipient of this material that is an Accredited Investor that GS is exempt from complying with certain compliance requirements under the Financial Advisers Act, Chapter 110 of Singapore (“FAA”), the Financial Advisers Regulations (“FAR”) and the relevant Notices and Guidelines issued thereunder, in respect of any financial advisory service which GS may provide to such recipient. In particular, GS will be exempt from: (a) Section 25 of the FAA (relating to the disclosure of material information on designated investment products (i.e. units collective investment schemes, life policies (including group life policies) or such other investment product as the Monetary Authority of Singapore may prescribe); (b) Section 27 of the FAA (which requires that there must be a reasonable basis for recommendations) when making recommendations on investment products to accredited investors, and capital markets products to expert investors; and (c) Section 36 of the FAA (which requires the disclosure of interests when making recommendations on specified products (i.e. securities, securities-based derivative contracts or units in a collective investment scheme in a circular or other similar written communication) when sending a circular or other similar written communication in which a recommendation is made in respect of specified products.
No part of this material may, without Goldman Sachs Asset Management’s prior written consent, be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director, or authorized agent of the recipient.