The Fund is classified as a financial product under Article 9 of the EU Sustainable Finance Disclosure Regulation. The Fund has sustainable investment as its objective. Detailed information on the sustainability related disclosures of the Fund can be found in the Pre-Contractual Document (annex of the prospectus) on https://www.gsam.com/responsible-investing/en-INT/non-professional/funds/documents. The fund mainly invests in a portfolio of Social bonds and money market instruments of high quality (with a rating of AAA to BBB-) mainly denominated in Euro. Social bonds are any type of bond instruments where the proceeds will be applied to finance or re-finance in part or in full new and/or existing projects that provide clear social benefits especially but not exclusively for a target population(s).The fund may also invest in sustainability bonds. The fund may invest in bonds with a higher risk (with a quality rating lower than BBB-) up to 10% of its net assets. To determine our eligible universe, we check if the selected bonds adhere to the Social Bond Principles as formulated by the International Capital Market Association. Furthermore issuers are screened using exclusionary screening. We do not invest in issuers involved in activities including but not limited to, the development, production, maintenance or trade of controversial weapons, the production of tobacco products, thermal coal mining and/or oil sands production. Further, more stringent restrictions are applicable for investments in issuers involved in activities related to gambling, weapons, adult entertainment, fur & specialty leather, Arctic drilling and shale oil & gas. Issuers with severe environmental, social and governance (ESG) controversies or poor ESG ratings and policies are excluded. Measured over a period of 5 years we aim to beat the performance of the benchmark iBoxx EUR Investment Grade Social Bonds (10% Issuer Cap). The benchmark is a broad representation of our investment universe. The fund can also include bonds that are not part of the benchmark universe. We actively manage the fund with a focus on bond selection. We combine our analysis on specific issuers of bonds with a broader ESG and market analysis to construct the optimal portfolio. We aim to exploit differences in valuations of issuers of bonds within sectors and differences in valuations between sectors and different quality segments (ratings). Therefore the fund positioning can materially deviate from the benchmark. As issuer specific risk is an important driver of performance, we subject all issuers in the investable universe to an in-depth analysis of business and financial risk. For risk management purposes, sector and country deviation limits are maintained relative to the benchmark. 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.