EQUITY
Share Class
Class USD (Acc)
Symbol
GSLC
ISIN
IE00BJ5CNR11
Overview
Objective
The Sub-Fund is passively managed and seeks to provide capital growth over the longer term and aims to achieve investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Paris-Aligned Sustainable US Large Cap Equity Index (the “Index”).
The Sub-Fund aims to achieve a reduction in greenhouse gas (“GHG”) emissions which align with the long-term decarbonisation objectives and global warming target of the Paris Climate Agreement and the Index has been designed for this purpose. The Sub-Fund aims to achieve its objective by replicating the index by holding all of its securities in a similar proportion to their weightings in the Index. These securities are stocks of companies with large market capitalisation in the US. Portfolio holdings and/or allocations shown above are as of the date indicated and may not be representative of future investments. The holdings and/or allocations shown may not represent all of the portfolio's investments. Future investments may or may not be profitable. There is no guarantee that objectives will be met.
Goldman Sachs ActiveBeta Paris-Aligned Sustainable U.S. Large Cap Equity UCITS ETF (‘the Fund’ formerly known as Goldman Sachs ActiveBeta U.S. Large Cap Equity UCITS ETF) prior to 10 September 2024, was passively managed against the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. Since 10 September 2024, the Fund has been passively managed against the Goldman Sachs ActiveBeta® Paris-Aligned Sustainable U.S. Large Cap Equity Index.
The Sub-Fund aims to achieve a reduction in greenhouse gas (“GHG”) emissions which align with the long-term decarbonisation objectives and global warming target of the Paris Climate Agreement and the Index has been designed for this purpose. The Sub-Fund aims to achieve its objective by replicating the index by holding all of its securities in a similar proportion to their weightings in the Index. These securities are stocks of companies with large market capitalisation in the US. Portfolio holdings and/or allocations shown above are as of the date indicated and may not be representative of future investments. The holdings and/or allocations shown may not represent all of the portfolio's investments. Future investments may or may not be profitable. There is no guarantee that objectives will be met.
Goldman Sachs ActiveBeta Paris-Aligned Sustainable U.S. Large Cap Equity UCITS ETF (‘the Fund’ formerly known as Goldman Sachs ActiveBeta U.S. Large Cap Equity UCITS ETF) prior to 10 September 2024, was passively managed against the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. Since 10 September 2024, the Fund has been passively managed against the Goldman Sachs ActiveBeta® Paris-Aligned Sustainable U.S. Large Cap Equity Index.
Risk Profile
- Counterparty risk – A party that the Portfolio transacts with may fail to meet its obligations which could cause losses.
- Custodian risk – Insolvency, breaches of duty of care or misconduct of a custodian or subcustodian responsible for the safekeeping of the Fund's assets can result in loss to the Fund.
- Derivatives risk – Derivative instruments are highly sensitive to changes in the value of the underlying asset that they are based on. Certain derivatives may result in losses greater than the amount originally invested.
- Exchange rate risk – Changes in exchange rates may reduce or increase the returns an investor might expect to receive independent of the performance of such assets. If applicable, investment techniques used to attempt to reduce the risk of currency movements (hedging), may not be effective. Hedging also involves additional risks associated with derivatives.
- Index tracking error risk – The performance of the Portfolio may not generally follow and may be very different from the performance of the Index. The anticipated tracking error has been calculated using historical data and therefore may not capture all factors that will impact a Portfolio's actual performance against its reference index.
- Liquidity risk – The Fund may not always find another party willing to purchase an asset that the Fund wants to sell which could impact the Fund's ability to meet redemption requests on demand.
- Market risk – The value of assets in the Fund is typically dictated by a number of factors, including the confidence levels of the market in which they are traded.
- Operational risk – Material losses to the Fund may arise as a result of human error, system and/or process failures, inadequate procedures or controls.
- Complete information on the risks of investing in the fund are set out in the fund’s prospectus.
Fund Data
Performance
Allocations
Management Team
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