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 Pre-Contractual Document (annex of the prospectus) on https://www.gsam.com/responsible-investing/en-INT/non-professional/funds/documents. The fund invests in European companies that pursue a sustainable business model. Selection of these companies combines the analysis of environmental (e.g. carbon intensity), social (e.g. human rights, non-discrimination, the issue of child labour, gender diversity) and governance (e.g. remuneration policy) factors with a financial performance. Selection process may be limited by the quality and availability of the data disclosed by issuers or provided by third parties. The fund uses active management to target companies with sustainable business models, focusing on products and services delivered, with maximum stock level overweight limits maintained relative to the benchmark. The fund also aims for lower carbon intensity than the benchmark. The fund has a European investment universe. The fund may also include investments into securities that are not part of the benchmark universe. Its stock level composition will therefore materially deviate from the benchmark. In the stock selection process the fund makes use of fundamental and ESG analysis and also restricts investment in issuers involved in controversial activities. Measured over a period of several years we aim to beat the performance of the benchmark MSCI Europe NR. The benchmark is a broad representation of our investment universe. 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.