EQUITY
Symbol
NNCAERE LX
ISIN
LU2350833294
Overview
Objective
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 and has partial sustainable investments as its 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 invests in China A-Shares issued by companies based in, or having a significant exposure to, mainland China (the People’s Republic of China, or PRC). The fund is actively managed. The portfolio construction and security selection process are based on the Investment Manager’s fundamental view of the equity markets, while taking into account ESG (Environmental Social and Governance) criteria. The fund also aims for lower carbon intensity than the benchmark and restricts investment in issuers involved in controversial activities. The fund may invest up to 100% of its net assets via Stock Connect; this is the Chinese market access program facilitating foreign equity investment in selected locally traded securities. Other than directly investing in equity of companies, the fund may also invest in other financial instruments. The fund uses the MSCI China A Onshore (NR) index only as benchmark for financial performance comparison and relative risk comparison. The index is not used for portfolio construction. The risk and return profile of the fund can deviate substantially from that of the index. The aforementioned benchmark is at the fund level and there is no actual benchmark for this specific hedged share class as we apply a currency hedging strategy. The fund’s base currency is US dollar (USD) and the fund can be exposed to non-USD currencies. By hedging this share class we aim to exchange the base currency of the fund (USD) with the base currency of this share class euro (EUR). The exposure towards non-EUR currencies in the fund remains in this share class. A currency hedge consists of taking an offsetting position in another currency. 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. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Fund Data
Performance
Allocations
Management Team
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