GOLDMAN SACHS AZIONARIO FUNDS INDEX
BBG TICKER: DYNAMFAE INDEX
This overview of the Goldman Sachs Azionario Funds Index is a summary and, as such, is necessarily incomplete. This overview should be read in conjunction with, and is qualified in its entirety by, the more detailed descriptions in Strategy Disclosure Documents. The Strategy Disclosure Documents are available on https://360.gs.com/go/gs-
The underlying asset is a EUR denominated total return proprietary strategy created by Goldman Sachs International as strategy sponsor. It is a strategy that intends to provide a linear exposure to the performance of a basket of the following four underlying funds and is calculated on a “total return” basis:
| Nome | ISIN | BBG |
|---|---|---|
| LUX IM Innovation Strategy | LU1732782419 | LUXIDXL LX |
| LUX IM Green Energy | LU2037070534 | LUIGEDE LX |
| LUX IM Global Medtech | LU1881764291 | LUXMDXL LX |
| LUX IM Morgan Stanley Global Infrastructure Equities Fund | LU1016168350 | BGMGDLX LX |
The total return of an investment, which can be positive or negative, is the investment return of a portfolio of the funds, whereby any periodic proceeds (such as dividends, if any) of such funds being reinvested into the portfolio. The weighting of the underlying funds is initially equal and subject to potential rebalancing each quarter depending on their respective performance. The strategy is not a managed strategy and the strategy sponsor does not exercise any discretion in the rebalancing process except in the limited circumstances described in the strategy rules.
The underlying asset’s objective is to adjust exposure to the underlying funds. This is achieved by a quarterly adjustment to weights allocated to each of the underlying funds to achieve an equal exposure on a quarterly basis.
The value of the underlying asset will be reduced by the deduction of basket rebalancing costs, asset servicing costs, asset rebalancing costs, and the strategy deduction amount (fixed annual rate of 0.55%). These deductions will reduce the performance of the underlying asset which, in turn, will reduce the amount you will receive on the product.
The underlying asset is initially calculated and published by Goldman Sachs International (“GSI”) as the calculation agent and may thereafter be such person that GSI, as strategy sponsor, may appoint from time to time. The strategy rules give various powers to the strategy sponsor and the calculation agent of the underlying asset, including the discretion to make determinations in respect of the underlying asset. This may affect the return you receive on the product.
The product terms also provide that if certain exceptional events occur (1) adjustments may be made to the product and/or (2) the product issuer may terminate the product early. These events are specified in the product terms and principally relate to the underlying asset, the product and the product manufacturer. The return (if any) you receive on such early termination is likely to be different from the scenarios described above and may be less than the amount you invested.
GOLDMAN SACHS BILANCIATO FUNDS INDEX
BBG TICKER: DYNAMFBE INDEX
This overview of the Goldman Sachs Bilanciato Funds Index is a summary and, as such, is necessarily incomplete. This overview should be read in conjunction with, and is qualified in its entirety by, the more detailed descriptions in Strategy Disclosure Documents. The Strategy Disclosure Documents are available on https://360.gs.com/go/gs-
The underlying asset is a EUR denominated total return proprietary strategy created by Goldman Sachs International as strategy sponsor. It is a strategy that intends to provide a linear exposure to the performance of a basket of the following five underlying funds and is calculated on a “total return” basis:
| Nome | ISIN | BBG |
|---|---|---|
| LUX IM Pictet Future Trends | LU1130035709 | BGTFDLX LX |
| LUX IM Blackrock Global Equity Dividend | LU1016193549 | BGSHDLX LX |
| LUX IM Twentyfour Global Strategic Bond | LU1319827801 | BGJDXLC LX |
| LUX IM Amundi Global Income Bond | LU1016174598 | BGAGDLX LX |
| LUX IM Flexible Global Equities | LU0255290578 | BGFXGC5 LX |
The total return of an investment, which can be positive or negative, is the investment return of a portfolio of the funds, whereby any periodic proceeds (such as dividends, if any) of such funds being reinvested into the portfolio. The weighting of the underlying funds is initially equal and subject to potential rebalancing each quarter depending on their respective performance. The strategy is not a managed strategy and the strategy sponsor does not exercise any discretion in the rebalancing process except in the limited circumstances described in the strategy rules.
The underlying asset’s objective is to adjust exposure to the underlying funds. This is achieved by a quarterly adjustment to weights allocated to each of the underlying funds to achieve an equal exposure on a quarterly basis.
The value of the underlying asset will be reduced by the deduction of basket rebalancing costs, asset servicing costs, asset rebalancing costs, and the strategy deduction amount (fixed annual rate of 0.55%). These deductions will reduce the performance of the underlying asset which, in turn, will reduce the amount you will receive on the product.
The underlying asset is initially calculated and published by Goldman Sachs International (“GSI”) as the calculation agent and may thereafter be such person that GSI, as strategy sponsor, may appoint from time to time. The strategy rules give various powers to the strategy sponsor and the calculation agent of the underlying asset, including the discretion to make determinations in respect of the underlying asset. This may affect the return you receive on the product.
The product terms also provide that if certain exceptional events occur (1) adjustments may be made to the product and/or (2) the product issuer may terminate the product early. These events are specified in the product terms and principally relate to the underlying asset, the product and the product manufacturer. The return (if any) you receive on such early termination is likely to be different from the scenarios described above and may be less than the amount you invested.