open/document-extraction
View Schema
This view of the annotation often reflects the precision of the extraction model or annotator, as well as the complexity of the document.
Objectives and Investment Policy
▪ The Portfolio seeks to provide capital growth over the longer term. ▪ The Portfolio will mostly hold shares or similar instruments relating to emerging market companies. Such companies are either based in or earn most of their profits or revenues from emerging markets. The Portfolio may also invest in companies which are bas ed anywhere in the world. The Portfolio utilises the CORE strategy, a multi - factor proprietary model developed by Goldman Sachs which aims to forecast returns on securities. ▪ The Portfolio will not invest more than one - third of its assets in bonds issued by corporate or government entities, convertibles (securities that can be converted into other types of securities), money market instruments and non - share related instruments. ▪ The Portfolio may invest, up to 30%, in mainland China equity securities directly through the Stock Connect scheme or the Renminbi qualified foreign institutional investor program, or indirectly through access products. ▪ The Portfolio promotes environmental and/or social characteristics, however, does not commit to making any sustainable investments. ▪ The Portfolio may use derivatives for efficient portfolio management purposes, to help manage risks and for investment purposes in order to seek to increase return. A derivative instrument is a contract between two or more parties whose value depends on th e rise and fall of other underlying assets. ▪ The term “CORE®” is a registered service mark of Goldman Sachs & Co. ▪ Shares in the Portfolio may be redeemed daily (on each business day) on demand. ▪ The Portfolio is actively managed and references the MSCI Emerging Markets Index (Net TR) (GBP) (the “Benchmark”) for the purposes of
setting discretionary internal risk thresholds which may reference deviations from the Benchmark. ▪ The Investment Adviser has full discretion over the composition of the assets in the Portfolio. While the Portfolio will generally hold assets that are components of the Benchmark, it can invest in such components in different proportions, and it can hold assets which are not components of the Benchmark. Therefore returns may deviate materially from the performance of the specified reference Benchmark. ▪ As part of its investment process, the Investment Adviser will implement a multi - strategy approach to ESG which consists of the application of exclusionary screens and the use of proprietary climate metrics to address climate transition risk. ▪ Income (net of expenses) is distributed on an annual basis. ▪ The Portfolio currency is USD. The share class currency is GBP. ▪ The return of the Portfolio depends on the performance of the Portfolio, which is directly related to the performance of its investments. The risk and reward profile of the Portfolio described in this key information document assumes that you hold your inv estments in the Portfolio for at least the Recommended Holding Period as set out below under the heading “How long should I hold it and can I take money early out. ▪ Please see the section “How long should I hold it and can I take money out early?” below for additional details (including restrictions and/or penalties) on the ability to redeem your investment in the Fund. ▪ For full investment objective and policy details see the Prospectus.
Risk and Reward Profile
1 2 3 4 5 6 7
This risk profile is based on historical data and may not be a reliable indication of the future risk profile of the Portfolio. The risk category shown is not guaranteed and may change over time. The lowest category does not mean risk free. It is possible that a portfolio stated to have a lower risk profile may in fact fall in value more than a portfolio with a higher risk profile. The Portfolio is in category 6 as it mostly invests in emerging market shares and similar instruments which typically experience higher levels of price fluctuations than those in developed markets. The capital is not guaranteed. Other Material Risks: ▪ Market risk - the value of assets in the Portfolio is typically dictated by a number of factors, including the confidence levels of the market in which they are traded. ▪ Operational risk - material losses to the Portfolio may arise as a result of human error, system and/or process failures, inadequate procedures or controls. ▪ Liquidity risk - the Portfolio may not always find another party willing to purchase an asset that the Portfolio wants to sell which could impact the Portfolio's ability to meet redemption requests on demand. ▪ Exchange rate risk - changes in exchange rates may reduce or increase the returns an investor might expect to receive independent of the performance of such assets. Hedging of this risk may not be fully effective and may increase other risks (e.g. derivative risk). ▪ Custodian risk - insolvency, breaches of duty of care or misconduct of a custodian or sub - custodian responsible for the safekeeping of the Portfolio's assets can result in loss to the Portfolio. ▪ Derivatives risk - derivative instruments are highly sensitive to changes in the value of the underlying asset that they are based on.
Certain derivatives may result in losses greater than the amount originally invested. ▪ Counterparty risk - a party that the Portfolio transacts with may fail to meet its obligations which could cause losses. ▪ Emerging markets risk - emerging markets are likely to bear higher risk due to lower liquidity and possible lack of adequate financial, legal, social, political and economic structures, protection and stability as well as uncertain tax positions. ▪ Sustainability risk - an environmental, social or governance event or condition that could cause the value of the portfolio to go down. Examples of sustainability risks include physical environmental risks, climate change transition risks, supply chain disruptions, improper labour practices, lack of board diversity and corruption. ▪ Model risk - the Investment Adviser employs sophisticated models, developed by Goldman Sachs, which select investments for the Portfolio. Investments selected using these models may perform differently than expected as a result of the design of the model, inputs int o the model or other factors. ▪ For more detailed information on the risks associated with an investment in the Portfolio, please refer to the section in the Prospectus entitled “Risk Considerations” and discuss with your professional advisers.
Lower risk Higher risk Potentially lower reward Potentially higher reward
Goldman Sachs Emerging Markets CORE® Equity Portfolio (the “Portfolio”)
Class R Shares (GBP) (Close)
(ISIN: LU0858292112) a sub - fund of Goldman Sachs Funds (the “Fund”) The Portfolio is managed by Goldman Sachs Asset Management B.V.(the “Manager”), part of Goldman Sachs group of companies.
Key Investor Information
This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest.
Page 2
This Fund is authorised in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier (Grand Duchy of Luxembourg). The Manager is authorised in the Netherlands and regulated by the Dutch Authority for the Financial Markets. This key i nvestor information is accurate as at 07/10/2026.
-20
-10
0
10
20
30
40
Charges
The charges you pay are used to pay the cost of running the Portfolio, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One - off charges taken before or after you invest Entry charge 5.50% Exit charge none This is the maximum that might be taken out of your money before it is invested / before the proceeds of your investment are paid out. Charges taken over a year Ongoing charges 0.84% Charges taken under certain specific conditions Performance fee none
Where applicable, the entry and exit charges shown are maximum figures and in some cases you might pay less - please contact your professional advisers for more information. The ongoing charges figure is based on expenses for the year ending December 2025. This figure may vary from year to year. It excludes transaction costs (including taxes and brokerage commissions) and any borrowing costs, which are payable from the assets of the Portfolio and may impact returns on your investment, and performance fees (where applicable). For more information about charges, please refer to the Fund's Prospectus, section entitled “Fees and Expenses” and the relevant supplement for the Portfolio.
Past Performance
Class R Shares (GBP) (Close) (LU0858292112) MSCI Emerging Markets Index (Net TR) (GBP)
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 34.6 28.6 - 11.6 11.1 16.9 1.7 - 11.2 5.9 9.7 22.9 32.6 25.4 - 9.3 13.8 14.7 - 1.6 - 10.0 3.6 9.4 24.4
The Portfolio was launched in August 2009. The share class was launched in December 2012. Where applicable, past performance has been calculated in GBP and is expressed as a percentage change of the Portfolio's Net Asset Value at each year end (net of all fees). Where past performance is not shown there is insufficient data to provide a useful indication of past performance. Please be aware that past performance is not indicative of future performance which may vary.
Practical Information
Depositary : State Street Bank International GmbH Luxembourg Branch Further Information: The Prospectus, annual and semi - annual reports and latest share price are available free of charge from the Fund's registered office, the Manager, administrator or the Portfolio's distributors. The Prospectus is available in English, French, German, Itali an and Spanish. This document is for a single Portfolio of the Fund and the Prospectus, annual and semi - annual reports is for the entire Fund. The Fund is an investment company with segregated liability between portfolios under Luxembourg law. Therefore, the assets of the Portfolio you have invested in should not be used to pay the liabilities of other portfolios. However, this has not been teste d in other jurisdictions. Switching between Portfolios: Shares are available in other share classes and in other currencies as may be specified in the Prospectus. Shareholders may apply for their shares in any share class of any portfolio to be converted
into any share class of another portfolio, subject to the conditions set out in the Prospectus (charges may apply). Liability Statement: The Fund may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Fund. Tax Legislation: This Portfolio's investments may be subject to tax in the countries in which it invests. In addition, this Portfolio is subject to the tax law and regulation of Luxembourg which may have an impact on your personal tax position and impact your investment. For further details, please speak to your professional advisers. Remuneration Policy: Details of the up - to - date remuneration policy of the Manager, including, but not limited to, a description of how the remuneration and benefits are determined and governed by the Manager, are available at https://www.gsam.com/sm/remunerationpolicy and a p aper copy is made available free of charge upon request.
%
Truncated: This annotation is too large to fit.
View the raw JSON.
{
"annotation_id": "39bba004-a2f8-46fb-8940-5306b09f0f64",
"date_created": "2026-10-11T16:18:59.487000Z",
"date_modified": "2026-10-11T16:18:59.487000Z",
"file_hash": "c15271f3d2a1d17f7e7fa2276a32a92bf0b5e07070dbdb3931e22b6b17c4e9a4",
"private": false,
"record": {
"attributes": {
"chunk_type": "page_range",
"end_page": 2,
"start_page": 1
},
"blocks": [
{
"block_type": "box",
"box": {
"height": 13,
"width": 320,
"x": 37,
"y": 194
},
"id": "c736ff65-731f-4b11-9750-7a543054269f",
"page_number": 1,
"text": "Objectives and Investment Policy"
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 223
},
"id": "5278e599-e693-474e-8b37-740f150f2863",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 391,
"x": 51,
"y": 221
},
"id": "7c5c0d23-aa92-4219-bbc5-c015553328c9",
"page_number": 1,
"text": "The Portfolio seeks to provide capital growth over the longer term."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 237
},
"id": "35a44d02-e0ee-4b2d-9917-0df7a7961f27",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 51,
"y": 235
},
"id": "45bce1fc-cdb0-4baa-a38c-94daee1f3319",
"page_number": 1,
"text": "The Portfolio will mostly hold shares or similar instruments relating to"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 51,
"y": 245
},
"id": "d769e33d-8b31-45da-b727-de68d3a6999d",
"page_number": 1,
"text": "emerging market companies. Such companies are either based in or earn"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 52,
"y": 254
},
"id": "108c3456-db9b-485f-8716-8923ae08dd7b",
"page_number": 1,
"text": "most of their profits or revenues from emerging markets. The Portfolio may"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 245,
"x": 51,
"y": 263
},
"id": "72bf9387-9521-48de-8fc9-293f8a6885e9",
"page_number": 1,
"text": "also invest in companies which are bas"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 189,
"x": 298,
"y": 263
},
"id": "a529600a-9933-4636-ba73-2c64561553d6",
"page_number": 1,
"text": "ed anywhere in the world. The"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 280,
"x": 52,
"y": 273
},
"id": "54031c12-0dd7-465f-9d4b-0da075cfd327",
"page_number": 1,
"text": "Portfolio utilises the CORE strategy, a multi"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 334,
"y": 277
},
"id": "e06c4230-7808-42ed-b7f2-b03831d5b83b",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 149,
"x": 338,
"y": 273
},
"id": "4f0c76d2-a62b-4e8b-896a-3897b58ff36b",
"page_number": 1,
"text": "factor proprietary model"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 51,
"y": 282
},
"id": "a64a8002-b65e-494c-a33b-3951a429ff72",
"page_number": 1,
"text": "developed by Goldman Sachs which aims to forecast returns on securities."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 298
},
"id": "657984c6-e7d7-4088-89b2-62f06274d789",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 265,
"x": 51,
"y": 296
},
"id": "eb1d85ce-23d3-4e75-b102-2db12cb92468",
"page_number": 1,
"text": "The Portfolio will not invest more than one"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 317,
"y": 300
},
"id": "df2d184d-e8c8-43a8-90b8-ea36ac6facca",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 165,
"x": 322,
"y": 296
},
"id": "1dde9b1e-3eec-4acb-ac20-ba7519e909ae",
"page_number": 1,
"text": "third of its assets in bonds"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 52,
"y": 305
},
"id": "d4f4ed93-b557-4098-b279-361dee94f1de",
"page_number": 1,
"text": "issued by corporate or government entities, convertibles (securities that"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 436,
"x": 51,
"y": 315
},
"id": "96634007-3368-43b5-b067-c13a361bf05a",
"page_number": 1,
"text": "can be converted into other types of securities), money market instruments"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 48,
"x": 51,
"y": 324
},
"id": "ddc0fa54-fcc1-43e7-a67b-8470829ecae9",
"page_number": 1,
"text": "and non"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 100,
"y": 328
},
"id": "77e8c622-6508-4a6b-96d3-8274be285ecb",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 154,
"x": 104,
"y": 324
},
"id": "9b462d07-abcf-4754-ba69-797ea2ba049b",
"page_number": 1,
"text": "share related instruments."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 340
},
"id": "a2999164-5ac4-4677-bc30-95c1fac15de9",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 51,
"y": 338
},
"id": "0e5cbebd-f067-4f3b-9baf-8be4e1a43f8b",
"page_number": 1,
"text": "The Portfolio may invest, up to 30%, in mainland China equity securities"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 51,
"y": 347
},
"id": "5a14c76b-2ce6-46ba-bc49-a6bd290504cc",
"page_number": 1,
"text": "directly through the Stock Connect scheme or the Renminbi qualified"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 51,
"y": 356
},
"id": "9ee00b1a-02fe-41cc-a0ca-0505dd377f05",
"page_number": 1,
"text": "foreign institutional investor program, or indirectly through access"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 53,
"x": 52,
"y": 366
},
"id": "75c692e0-369b-4590-add3-54ca48ab89e0",
"page_number": 1,
"text": "products."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 382
},
"id": "4fe40a4f-7e34-4e0c-91ea-2aa1a7789b57",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 51,
"y": 380
},
"id": "e45526a8-fe28-4382-b30f-263daba9235d",
"page_number": 1,
"text": "The Portfolio promotes environmental and/or social characteristics,"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 393,
"x": 52,
"y": 389
},
"id": "c73e3121-0278-48e4-92b8-1b6032bdd920",
"page_number": 1,
"text": "however, does not commit to making any sustainable investments."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 405
},
"id": "3ebcb3fb-990b-40f5-8d3e-693603110105",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 51,
"y": 403
},
"id": "75c875d3-cbad-45dc-8910-6ab5441456d1",
"page_number": 1,
"text": "The Portfolio may use derivatives for efficient portfolio management"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 52,
"y": 412
},
"id": "04c07251-4454-4953-81e2-2026ae632d54",
"page_number": 1,
"text": "purposes, to help manage risks and for investment purposes in order to"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 436,
"x": 51,
"y": 422
},
"id": "4e5d1950-2539-4a2c-b013-7daf2782a63d",
"page_number": 1,
"text": "seek to increase return. A derivative instrument is a contract between two"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 286,
"x": 51,
"y": 431
},
"id": "22bafe15-9d5b-4726-b7a6-d60733975b4e",
"page_number": 1,
"text": "or more parties whose value depends on th"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 150,
"x": 338,
"y": 431
},
"id": "307f586b-84b4-4801-a886-60303e141d12",
"page_number": 1,
"text": "e rise and fall of other"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 106,
"x": 52,
"y": 440
},
"id": "c5b756e8-bcfa-4e4e-8b85-df85a8f08aee",
"page_number": 1,
"text": "underlying assets."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 456
},
"id": "ca13c8c0-da8d-4242-a61a-286c716d5610",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 434,
"x": 51,
"y": 454
},
"id": "06b31175-dea1-4337-80d9-eb275e823bbb",
"page_number": 1,
"text": "The term \u201cCORE\u00ae\u201d is a registered service mark of Goldman Sachs \u0026 Co."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 470
},
"id": "272bc2b3-e809-438b-9f0d-d20e05cc7686",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 52,
"y": 468
},
"id": "c6654d8b-9be4-4bcf-b326-afc307901732",
"page_number": 1,
"text": "Shares in the Portfolio may be redeemed daily (on each business day) on"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 51,
"x": 51,
"y": 478
},
"id": "32f2efae-c6ea-440e-9358-f957e77d42cb",
"page_number": 1,
"text": "demand."
},
{
"block_type": "box",
"box": {
"height": 2,
"width": 4,
"x": 38,
"y": 494
},
"id": "d0ca31c8-b467-4df9-833c-c9b015fab4a1",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 435,
"x": 51,
"y": 492
},
"id": "24b526b7-331d-46aa-8a05-43c69ea968b4",
"page_number": 1,
"text": "The Portfolio is actively managed and references the MSCI Emerging"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 52,
"y": 501
},
"id": "41644d68-49cc-4025-a8b2-ae1e0e495226",
"page_number": 1,
"text": "Markets Index (Net TR) (GBP) (the \u201cBenchmark\u201d) for the purposes of"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 217
},
"id": "2e62e409-e386-4371-b53b-02b6caf30919",
"page_number": 1,
"text": "setting discretionary internal risk thresholds which may reference"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 188,
"x": 526,
"y": 226
},
"id": "488ce3c2-90ce-4639-aad7-4248c67d73d0",
"page_number": 1,
"text": "deviations from the Benchmark."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 242
},
"id": "1cacd64c-b1d8-4508-ada9-ede68f94f51b",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 240
},
"id": "ae5bb6e7-d2bc-40eb-a9f4-868a1381d6cf",
"page_number": 1,
"text": "The Investment Adviser has full discretion over the composition of the"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 249
},
"id": "64e7d18a-b074-41b4-909e-6980c2fdd4bb",
"page_number": 1,
"text": "assets in the Portfolio. While the Portfolio will generally hold assets that"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 526,
"y": 258
},
"id": "f89f400b-c95d-4a27-be7e-9c5996662a5d",
"page_number": 1,
"text": "are components of the Benchmark, it can invest in such components in"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 215,
"x": 526,
"y": 268
},
"id": "8fe694d4-9206-4a80-a035-93f7dbf2286c",
"page_number": 1,
"text": "different proportions, and it can hold"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 216,
"x": 747,
"y": 268
},
"id": "d01950e6-2b4f-460c-bf18-b7d46825f210",
"page_number": 1,
"text": "assets which are not components of"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 277
},
"id": "7a9375f3-8b42-43ef-b6c9-361fb5a996c5",
"page_number": 1,
"text": "the Benchmark. Therefore returns may deviate materially from the"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 303,
"x": 527,
"y": 286
},
"id": "66c66d99-591a-42ac-bf1b-84c1f0928d03",
"page_number": 1,
"text": "performance of the specified reference Benchmark."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 302
},
"id": "a749c2d4-6bff-42e4-9532-a87509bb63a5",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 300
},
"id": "c3370e4c-7a24-44a6-b777-5933b1e88230",
"page_number": 1,
"text": "As part of its investment process, the Investment Adviser will implement a"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 27,
"x": 527,
"y": 310
},
"id": "5e264696-0e64-4158-91e4-7067dd914bc9",
"page_number": 1,
"text": "multi"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 555,
"y": 314
},
"id": "02b4d96d-e3cb-4b0c-9df1-9a0cb8c512eb",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 404,
"x": 559,
"y": 310
},
"id": "c4405c3f-0d58-4f4b-af64-9c09938259d6",
"page_number": 1,
"text": "strategy approach to ESG which consists of the application of"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 319
},
"id": "a75262f7-6572-4990-b49b-d89bed02bc39",
"page_number": 1,
"text": "exclusionary screens and the use of proprietary climate metrics to address"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 128,
"x": 526,
"y": 328
},
"id": "fe2bc944-d35f-4ec9-ae2b-ea8c44cf8c9e",
"page_number": 1,
"text": "climate transition risk."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 344
},
"id": "5f7dbdc9-1dc0-4d91-aa24-6c4e34ffe81b",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 229,
"x": 527,
"y": 342
},
"id": "100bb756-27c6-421e-9662-a6a437b2a076",
"page_number": 1,
"text": "Income (net of expenses) is distributed"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 115,
"x": 761,
"y": 342
},
"id": "3fe6522d-fa25-4aa5-9eec-a97ab3dba053",
"page_number": 1,
"text": "on an annual basis."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 358
},
"id": "310a1d82-7347-4521-8a0a-42c5b0bb29b0",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 383,
"x": 526,
"y": 356
},
"id": "dd958cc3-c4ce-43ab-ad77-1133a47f2d81",
"page_number": 1,
"text": "The Portfolio currency is USD. The share class currency is GBP."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 372
},
"id": "338dea87-8771-4f42-a1c2-28b77f0808fb",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 526,
"y": 370
},
"id": "1f0bc492-eeb1-4f54-8d66-14e8d5b394a2",
"page_number": 1,
"text": "The return of the Portfolio depends on the performance of the Portfolio,"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 380
},
"id": "54c1fc67-c564-4ad3-bc8e-4a99be59857f",
"page_number": 1,
"text": "which is directly related to the performance of its investments. The risk and"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 527,
"y": 389
},
"id": "a387a03e-e893-4ccd-a837-524eef721392",
"page_number": 1,
"text": "reward profile of the Portfolio described in this key information document"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 193,
"x": 526,
"y": 398
},
"id": "51d540e8-58c4-42e1-88f5-38c96fb141f5",
"page_number": 1,
"text": "assumes that you hold your inv"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 242,
"x": 720,
"y": 398
},
"id": "ccd3edd5-9798-43c1-9177-ac8ca2c90dd3",
"page_number": 1,
"text": "estments in the Portfolio for at least the"
},
{
"block_type": "box",
"box": {
"height": 10,
"width": 435,
"x": 527,
"y": 407
},
"id": "7012e574-713c-4650-9178-987ecccb2884",
"page_number": 1,
"text": "Recommended Holding Period as set out below under the heading \u201cHow"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 305,
"x": 527,
"y": 417
},
"id": "9b0adf43-a029-4b16-a3f2-dcf490cafaa1",
"page_number": 1,
"text": "long should I hold it and can I take money early out."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 433
},
"id": "13c6510f-ccd7-4905-941b-e9c64c240493",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 435,
"x": 527,
"y": 431
},
"id": "28736603-146a-4a0d-b4b0-f727e2c95aed",
"page_number": 1,
"text": "Please see the section \u201cHow long should I hold it and can I take money"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 436,
"x": 526,
"y": 440
},
"id": "3c7bc054-5953-495f-b7fd-3120abc9c57b",
"page_number": 1,
"text": "out early?\u201d below for additional details (including restrictions and/or"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 373,
"x": 527,
"y": 449
},
"id": "9d418de5-6380-4cf9-b116-d49f7dbfadf1",
"page_number": 1,
"text": "penalties) on the ability to redeem your investment in the Fund."
},
{
"block_type": "box",
"box": {
"height": 2,
"width": 4,
"x": 513,
"y": 466
},
"id": "3bfc7858-bfa0-44fe-9efc-0b088ef6721f",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 427,
"x": 527,
"y": 463
},
"id": "b816d9c8-8e86-41f3-919b-727a02eade60",
"page_number": 1,
"text": "For full investment objective and policy details see the Prospectus."
},
{
"block_type": "box",
"box": {
"height": 11,
"width": 229,
"x": 38,
"y": 519
},
"id": "8cbd5319-8a52-40d9-97cc-39c5a8cc0825",
"page_number": 1,
"text": "Risk and Reward Profile"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 6,
"x": 61,
"y": 587
},
"id": "dc8f430a-95c2-4495-8fb0-0633637ee779",
"page_number": 1,
"text": "1"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 11,
"x": 123,
"y": 587
},
"id": "81211a92-6c52-4937-8ff0-642bb6de9d01",
"page_number": 1,
"text": "2"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 11,
"x": 190,
"y": 587
},
"id": "8c876412-7e04-417a-a00f-65696ffed816",
"page_number": 1,
"text": "3"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 11,
"x": 256,
"y": 587
},
"id": "b451849a-8a44-47b6-a96e-34ec8dd49090",
"page_number": 1,
"text": "4"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 11,
"x": 323,
"y": 587
},
"id": "365b9690-84e2-4411-b542-bb89f0b61736",
"page_number": 1,
"text": "5"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 12,
"x": 389,
"y": 587
},
"id": "334b3cb5-0b85-4a71-8bf0-90cb87087b86",
"page_number": 1,
"text": "6"
},
{
"block_type": "box",
"box": {
"height": 12,
"width": 11,
"x": 454,
"y": 587
},
"id": "1f51965c-aa13-4a92-9cca-25fe24e60a0b",
"page_number": 1,
"text": "7"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 450,
"x": 37,
"y": 620
},
"id": "7d664fbb-0a90-48e6-83a3-494b36a3918a",
"page_number": 1,
"text": "This risk profile is based on historical data and may not be a reliable"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 449,
"x": 38,
"y": 629
},
"id": "9711812a-9dee-4e67-9f00-01dde48619ad",
"page_number": 1,
"text": "indication of the future risk profile of the Portfolio. The risk category shown is"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 449,
"x": 38,
"y": 638
},
"id": "18c7d0ac-4884-4af5-9884-0a55670a712f",
"page_number": 1,
"text": "not guaranteed and may change over time. The lowest category does not"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 163,
"x": 38,
"y": 648
},
"id": "6f9d2c75-97e1-422f-8966-803d28b76fc2",
"page_number": 1,
"text": "mean risk free. It is possible"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 281,
"x": 206,
"y": 648
},
"id": "7d33cdd6-174e-4242-88e2-9b69fa56905e",
"page_number": 1,
"text": "that a portfolio stated to have a lower risk profile"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 210,
"x": 38,
"y": 657
},
"id": "7272a9d6-ba22-4a54-a752-c11eda56782c",
"page_number": 1,
"text": "may in fact fall in value more than a"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 194,
"x": 253,
"y": 657
},
"id": "654bef3f-50d2-44f3-8708-9a0e78a6f49b",
"page_number": 1,
"text": "portfolio with a higher risk profile."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 450,
"x": 37,
"y": 671
},
"id": "94758e82-973a-4d83-b278-44d587251fc6",
"page_number": 1,
"text": "The Portfolio is in category 6 as it mostly invests in emerging market shares"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 450,
"x": 37,
"y": 680
},
"id": "1df8da1a-5156-4a38-bf88-405f780681c5",
"page_number": 1,
"text": "and similar instruments which typically experience higher levels of price"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 268,
"x": 37,
"y": 690
},
"id": "bdcfef8b-6675-474c-ab56-326596b48f53",
"page_number": 1,
"text": "fluctuations than those in developed markets."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 176,
"x": 37,
"y": 704
},
"id": "dcd57996-edb9-4e8c-a818-5afc3f299e7c",
"page_number": 1,
"text": "The capital is not guaranteed."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 149,
"x": 37,
"y": 718
},
"id": "dc0fcbe8-667e-4b7f-937f-f386426ee1c3",
"page_number": 1,
"text": "Other Material Risks:"
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 735
},
"id": "c5c5e4da-9634-40c7-a8a4-7db58a5f6a1e",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 70,
"x": 68,
"y": 733
},
"id": "0cdd6b2e-4f39-4f28-9671-ddc4f7e61c22",
"page_number": 1,
"text": "Market risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 143,
"y": 737
},
"id": "4e1d27ab-0162-47a1-8677-9b8e1c3c0043",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 336,
"x": 151,
"y": 733
},
"id": "86434f5e-b1c1-4758-96c9-ad45fefbd0e6",
"page_number": 1,
"text": "the value of assets in the Portfolio is typically dictated by"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 419,
"x": 67,
"y": 742
},
"id": "a226770e-5f8b-40e9-b80f-2651f363b65a",
"page_number": 1,
"text": "a number of factors, including the confidence levels of the market in"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 131,
"x": 67,
"y": 751
},
"id": "00fe1512-b361-43ad-a3cc-0366f52e71cb",
"page_number": 1,
"text": "which they are traded."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 767
},
"id": "100e7b87-9410-472b-bba1-5043b77081df",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 102,
"x": 67,
"y": 765
},
"id": "0ca522ea-87b0-4eb5-a5fe-9ccde97ff403",
"page_number": 1,
"text": "Operational risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 173,
"y": 769
},
"id": "92b370cd-353d-4562-9d03-262e5bab4830",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 305,
"x": 182,
"y": 765
},
"id": "d971875f-e1a9-4b9f-a8d5-eab472b21c19",
"page_number": 1,
"text": "material losses to the Portfolio may arise as a result"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 67,
"y": 775
},
"id": "add581c3-0e2f-4452-b5b6-783b7f892f92",
"page_number": 1,
"text": "of human error, system and/or process failures, inadequate procedures"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 65,
"x": 67,
"y": 784
},
"id": "788b1257-c5de-433c-ad7f-cc2259567c6b",
"page_number": 1,
"text": "or controls."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 800
},
"id": "8876bbe3-2460-4e84-b44c-fcbcc4f65e53",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 83,
"x": 68,
"y": 798
},
"id": "9a579c68-776c-4b1b-a221-118ded327bd5",
"page_number": 1,
"text": "Liquidity risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 156,
"y": 802
},
"id": "b446e79d-46ba-4532-8b4a-a0687f0b9512",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 321,
"x": 165,
"y": 798
},
"id": "15138b7a-6047-4429-801b-603d4a9e8af3",
"page_number": 1,
"text": "the Portfolio may not always find another party willing"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 67,
"y": 807
},
"id": "c2d69290-d9b6-4686-ae1b-58cd255903f1",
"page_number": 1,
"text": "to purchase an asset that the Portfolio wants to sell which could impact"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 367,
"x": 67,
"y": 817
},
"id": "87e234f2-9aa4-4eec-98d9-3c0c0ae581a7",
"page_number": 1,
"text": "the Portfolio\u0027s ability to meet redemption requests on demand."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 833
},
"id": "a2f1fd06-df75-4fd1-8525-a60e321cd10c",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 126,
"x": 68,
"y": 831
},
"id": "dab07acc-35d8-4158-909e-c3f6a1f35f91",
"page_number": 1,
"text": "Exchange rate risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 202,
"y": 835
},
"id": "9b0181a2-3c87-4448-bfa2-341c0a6ed989",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 274,
"x": 214,
"y": 831
},
"id": "9c9abe37-dfae-446b-8947-5f531fc8b861",
"page_number": 1,
"text": "changes in exchange rates may reduce or"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 68,
"y": 840
},
"id": "b20dd228-1fd4-454e-82cd-36c68571e9aa",
"page_number": 1,
"text": "increase the returns an investor might expect to receive independent of"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 67,
"y": 849
},
"id": "887dcfb8-c72c-454b-8c36-7f0e717fbe87",
"page_number": 1,
"text": "the performance of such assets. Hedging of this risk may not be fully"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 349,
"x": 67,
"y": 859
},
"id": "9d06ddb4-d50a-42bf-bccb-e12733319d32",
"page_number": 1,
"text": "effective and may increase other risks (e.g. derivative risk)."
},
{
"block_type": "box",
"box": {
"height": 2,
"width": 4,
"x": 38,
"y": 875
},
"id": "b765f260-81a3-4632-9201-704b5391684d",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 92,
"x": 68,
"y": 873
},
"id": "82d9c1a9-18ab-489f-b440-f46b66835cb5",
"page_number": 1,
"text": "Custodian risk"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 4,
"x": 164,
"y": 877
},
"id": "38d7d819-e1f8-4958-8c1e-23fd108f2d99",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 315,
"x": 173,
"y": 873
},
"id": "cfb976b6-e39f-4ac7-805d-b5315277489c",
"page_number": 1,
"text": "insolvency, breaches of duty of care or misconduct of"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 116,
"x": 67,
"y": 882
},
"id": "d432cfe0-27ed-4190-9142-10832b78c2c0",
"page_number": 1,
"text": "a custodian or sub"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 184,
"y": 886
},
"id": "db26e20b-f743-4eb5-bac0-e3495b12f2d3",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 298,
"x": 189,
"y": 882
},
"id": "0f7de9bb-808e-4fd4-95da-68d2e022a729",
"page_number": 1,
"text": "custodian responsible for the safekeeping of the"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 297,
"x": 68,
"y": 891
},
"id": "81f24aea-8edc-4ce9-be10-b39a4ae058be",
"page_number": 1,
"text": "Portfolio\u0027s assets can result in loss to the Portfolio."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 38,
"y": 907
},
"id": "357b07a9-d71a-436e-9e13-965e135c2370",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 104,
"x": 68,
"y": 905
},
"id": "96cf9247-aa98-4136-87a0-7b873b45591a",
"page_number": 1,
"text": "Derivatives risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 182,
"y": 909
},
"id": "5ee9eae0-e28b-4377-b488-6b4123e08961",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 291,
"x": 196,
"y": 905
},
"id": "5f55d26f-2578-4a66-b84a-47f96e467f86",
"page_number": 1,
"text": "derivative instruments are highly sensitive to"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 419,
"x": 67,
"y": 914
},
"id": "5914f6e8-7a32-45f1-996b-1d124d17f6c3",
"page_number": 1,
"text": "changes in the value of the underlying asset that they are based on."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 542,
"y": 542
},
"id": "a19b72d9-43b2-4456-81df-45dc3fe32d02",
"page_number": 1,
"text": "Certain derivatives may result in losses greater than the amount"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 109,
"x": 542,
"y": 552
},
"id": "0324fcbc-cb0a-4473-aa2e-71482d10b218",
"page_number": 1,
"text": "originally invested."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 568
},
"id": "1ac71ae5-3f89-4eec-a739-48c221bebbf9",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 112,
"x": 542,
"y": 566
},
"id": "44065f5f-caa4-4d3c-ae69-16b88ddcd182",
"page_number": 1,
"text": "Counterparty risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 659,
"y": 570
},
"id": "342fdecb-5ef8-4442-81ff-44bc208946e5",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 295,
"x": 667,
"y": 566
},
"id": "8582c5da-8e3b-4b8f-bc2c-8060e968ba6c",
"page_number": 1,
"text": "a party that the Portfolio transacts with may fail to"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 272,
"x": 543,
"y": 575
},
"id": "4af23e6f-6af8-43e8-9350-93da0d5fa6f5",
"page_number": 1,
"text": "meet its obligations which could cause losses."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 591
},
"id": "70dad5ee-394d-4069-810e-e70547b24e4d",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 146,
"x": 543,
"y": 589
},
"id": "3bd5d608-dc0e-442a-ab1a-cf9aa3c548da",
"page_number": 1,
"text": "Emerging markets risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 695,
"y": 593
},
"id": "dc35e314-32e6-4c5a-89b9-7d43ed9eac60",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 259,
"x": 704,
"y": 589
},
"id": "a910533c-5a81-450d-9db1-f4be9e449f34",
"page_number": 1,
"text": "emerging markets are likely to bear higher"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 418,
"x": 543,
"y": 598
},
"id": "07732d40-05a4-48d4-838b-b2299cf55821",
"page_number": 1,
"text": "risk due to lower liquidity and possible lack of adequate financial, legal,"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 419,
"x": 542,
"y": 608
},
"id": "0a009b91-1632-44a5-88e1-5f328764a9c2",
"page_number": 1,
"text": "social, political and economic structures, protection and stability as well"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 154,
"x": 542,
"y": 617
},
"id": "ec1a967c-3508-4a6d-89db-e30d85f8f842",
"page_number": 1,
"text": "as uncertain tax positions."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 633
},
"id": "52db2460-8834-4e8b-ac1c-efd73ae998e8",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 116,
"x": 542,
"y": 631
},
"id": "480952f6-0fe7-46e1-8ecf-56b32763afee",
"page_number": 1,
"text": "Sustainability risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 663,
"y": 635
},
"id": "7b4fb6b5-327d-487d-80d0-c69477eea0d3",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 290,
"x": 672,
"y": 631
},
"id": "ce71c862-06bf-4dfb-bb73-91a8b2c070ac",
"page_number": 1,
"text": "an environmental, social or governance event or"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 419,
"x": 542,
"y": 640
},
"id": "9dc947a2-6eb1-4af1-aab0-22148d24c8e1",
"page_number": 1,
"text": "condition that could cause the value of the portfolio to go down."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 418,
"x": 543,
"y": 649
},
"id": "f072c3c0-ce28-4053-8ada-783b753485b1",
"page_number": 1,
"text": "Examples of sustainability risks include physical environmental risks,"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 542,
"y": 659
},
"id": "b195a9b1-db13-4c17-8167-1dc29e547feb",
"page_number": 1,
"text": "climate change transition risks, supply chain disruptions, improper"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 323,
"x": 543,
"y": 668
},
"id": "79485528-3c86-4aff-bb50-8fcbbb89f3f0",
"page_number": 1,
"text": "labour practices, lack of board diversity and corruption."
},
{
"block_type": "box",
"box": {
"height": 3,
"width": 4,
"x": 513,
"y": 684
},
"id": "8dff8b63-d60e-4ec6-9f63-ef833c2a2d07",
"page_number": 1,
"text": "\u25aa"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 68,
"x": 543,
"y": 682
},
"id": "d78ae425-4339-425b-a37b-fb5165044e3d",
"page_number": 1,
"text": "Model risk"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 4,
"x": 617,
"y": 686
},
"id": "6d0221d8-b60f-463f-a2b4-008c82ef9000",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 333,
"x": 628,
"y": 682
},
"id": "2acc8d61-8002-4c24-b102-02a07d65a183",
"page_number": 1,
"text": "the Investment Adviser employs sophisticated models,"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 542,
"y": 691
},
"id": "057a5358-6f5e-4f5d-8827-a900f9470079",
"page_number": 1,
"text": "developed by Goldman Sachs, which select investments for the"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 418,
"x": 543,
"y": 701
},
"id": "c9737b3a-4c41-49b9-bb09-92742e4fcecc",
"page_number": 1,
"text": "Portfolio. Investments selected using these models may perform"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 420,
"x": 542,
"y": 710
},
"id": "b5d3f069-4f04-4f93-ae35-f1d927b14a7a",
"page_number": 1,
"text": "differently than expected as a result of the design of the model, inputs"
},
{
...