GS Global High Yield Ptf P Dis $

The Portfolio seeks to provide income and capital growth over the longer term.The Portfolio will mostly invest in below investment grade fixed income securities of North American and European companies. Such companies are either based in or earn most of their profits or revenues from North America and/or Europe. The Portfolio may also invest in below investment grade fixed income securities of companies which are based anywhere in the world.The Portfolio will not invest more than 33% of its assets in other securities and instruments. Additionally, it will not invest more than 10% in convertibles (securities that can be converted into other types of securities). These convertibles may include contingent convertible bonds ("CoCos") of banks, finance and insurance companies which have a particular risk profile as set out below. The Portfolio may invest up to one-tenth of its assets in equity or equity related securities.The Portfolio promotes environmental and/or social characteristics, however, does not commit to making any sustainable investments.As part of its investment process, the Investment Adviser will implement a multi-strategy approach to ESG which may consist of the application of exclusionary screens and the integration of ESG factors alongside traditional factors.The Portfolio uses derivative instruments as part of its investment policy to gain exposure to, interest rates, credit and/or currencies in order to seek to increase return, to leverage the Portfolio and to hedge against certain risks. A significant proportion of the Portfolio's exposure may be generated through the use of derivative instruments. A derivative instrument is a contract between two or more parties whose value depends on the rise and fall of the underlying asset. Shares in the Portfolio may be redeemed daily (on each business day) on demand.The Portfolio is actively managed and references the Bloomberg Capital US High Yield - 2% Issuer Cap (Total Return Gross) (USD) (the "Benchmark")

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No