Goldman Sachs Emerging Markets Debt (Local Currency) - N Cap EUR (hedged iv)

GS EM Debt LC invests in a diverse array of short-term debt instruments, including bonds and notes, issued by low and middle-income developing countries across Latin America, Asia, Central and Eastern Europe, and Africa. Most of these investments have maturities of less than one year, ensuring a focus on near-term opportunities. The fund also engages in currency forward contracts and may include Chinese onshore debt securities through the Bond Connect program. By actively managing currency allocations, interest rate curves, and selecting specific debt instruments, GS EM Debt LC aims to outperform its benchmark, maintaining a well-rounded and geographically varied portfolio.