Goldman Sachs Global Senior Loans (Lux) - Danske G Dis(M) EUR
Fund
ISIN LU0228523881 / Valor 2253483
NAV (2024-12-20)
EUR 39,731.95-0.01%
Goldman Sachs Global Senior Loans (Lux) - Danske G Dis(M) EUR
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General Objective
The fund aims to invest in a diversified portfolio of floating rate senior loans and other floating rate debt instruments issued by U.S. and non-U.S. corporations and business entities, targeting relatively liquid senior loans with lower volatility and superior execution in times of reduced market liquidity.
Fund Exposure
The fund is exposed to below investment grade credit quality senior loans, typically rated below BBB-/Baa3 or of equivalent credit quality. The fund does not measure its performance against any benchmark but uses the Morningstar LSTA US Leveraged Loan Index for market context and performance comparison purposes. The fund is suitable for investors with a medium to long-term investment horizon.
Risks
Investors should be aware that this fund may not be appropriate for those planning to withdraw their money within five years. Additionally, the fund's exposure to below investment grade credit quality instruments may pose higher risks compared to investment grade securities. Currency fluctuations may also impact the fund's performance, as non-EUR exposures are hedged back to the euro.