Goldman Sachs Asian Debt (Hard Currency) - X Cap USD
Fund
ISIN LU0546914242 / Valor 11789595
NAV (2024-12-24)
USD 1,805.04-0.05%
Goldman Sachs Asian Debt (Hard Currency) - X Cap USD
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General Objective
The fund aims to invest in bonds and money market instruments issued mainly in US dollars by Asian issuers, with a focus on debt issued in hard currency. The goal is to outperform the benchmark JP Morgan Asia Credit (JACI) over a period of several years.
Fund Exposure
The fund is exposed to Asian issuers located in countries such as Singapore, Malaysia, Thailand, Indonesia, South Korea, Taiwan, the Philippines, India, Hong Kong, and the People's Republic of China. It may also invest in Chinese onshore debt securities through Bond Connect. The portfolio is actively managed with a strong focus on issuer selection, diversification across countries, sectors, and instruments, and may deviate significantly from the benchmark.
Risks
The fund is classified as a low-risk product with a risk indicator of 2 out of 7. While the actual risk can vary if cashed in early, the potential losses from future performance are rated at a low level, and poor market conditions are unlikely to impact the Fund's ability to pay out.