ALTERNATIVES•LIQUID ALTERNATIVES
Symbol
GSLAIOA LX
ISIN
LU1103308711
Overview
Objective
The investment objective of the Fund is to implement a trading strategy which seeks to approximate the returns of a Fund (or basket) of investment funds that employ trend strategies.
Risk Profile
- Counterparty risk a party that the Portfolio transacts with may fail to meet its obligations which could cause losses.
- Credit risk the failure of a counterparty or an issuer of a financial asset held within the Portfolio to meet its payment obligations will have a negative impact on the Portfolio.
- Custodian risk insolvency, breaches of duty of care or misconduct of a custodian or subcustodian responsible for the safekeeping of the Portfolio's assets can result in loss to the Portfolio.
- 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.
- Emerging markets risk emerging markets are likely to bear higher risk due to lower liquidity and possible lack of adequate financial, legal, social, political and economic structures, protection and stability as well as uncertain tax positions.
- 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.
- Historical Performance Data the composition of the Strategy is determined by reference to historical data. However, past performance is not an indicator of future performance. The performance of a market may differ to that indicated by a mathematical formula based on historical data, which in turn may adversely affect the value of your investment.
- Interest rate risk when interest rates rise, bond prices fall, reflecting the ability of investors to obtain a more attractive rate of interest on their money elsewhere. Bond prices are therefore subject to movements in interest rates which may move for a number of reasons, political as well as economic.
- Leverage risk the Portfolio may operate with a significant amount of leverage. Leverage occurs when the economic exposure created by the use of derivatives is greater than the amount invested. A leveraged Portfolio may result in large fluctuations in the value of the Portfolio and therefore entails a high degree of risk including the risk that losses may be substantial.
- Liquidity risk the Portfolio may not always find another party willing to purchase an asset that the Portfolio wants to sell which could impact the Portfolio's ability to meet redemption requests on demand.
- Market risk the value of assets in the Portfolio 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 Portfolio may arise as a result of human error, system and/or process failures, inadequate procedures or controls.
- Use of mathematical formulae the Investment Adviser expects to use mathematical formulae, developed by Goldman Sachs, to implement the Strategy. The use of such formulae may be subject to a number of limitations and may result in the Strategy performing differently than expected as a result of the design of the formulae, inputs into the formulae or other factors.
- Volatility risk an investment in the Portfolio can expose investors to higher volatility levels than is normally associated with “balanced” investment strategies, therefore the value of their investment may be subject to significant changes in the short term.
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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