The Fund is classified as a financial product under Article 8 of the EU Sustainable Finance Disclosure Regulation. 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. Detailed information on the sustainability related disclosures of the Fund can be found in the Template Pre-contractual disclosure (annex of the prospectus) on https://www.gsam.com/responsible-investing/en-INT/non-professional/funds/documents. 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. The benchmark is set as the 3 month Euribor. The fund is actively managed and the benchmark is not used for portfolio construction but for performance measurement purposes only. The main driver of our performance is based on our top down approach, whereby we select in which sectors we want to be over- and underweight based on macro, fundamentals, valuation and momentum. Next to the top down approach we of course also use a bottom up approach in a later stage when it comes down to security selection. The fund seeks to provide you with capital growth and does not aim to provide a dividend. It will re-invest all earnings. The value of the units is calculated daily. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within one year.