Goldman Sachs Europe Sustainable Small Cap Fund (NL) - P is an actively managed equity investment fund focused on European small-cap companies that demonstrate sustainable business practices. The fund is structured as a sub-fund within Goldman Sachs Paraplufonds 1 N.V. and is managed by Goldman Sachs Asset Management B.V., adhering to regulatory standards set by Dutch financial authorities. Its primary objective is to achieve long-term capital appreciation by identifying and investing in companies across Europe that prioritize environmental, social, and governance (ESG) criteria, thereby promoting sustainability in its portfolio selection.
The fund deploys a fundamental investment approach, integrating rigorous ESG analysis and exclusion criteria for activities inconsistent with its sustainability goals. Investors benefit from exposure to a diversified mix of approximately 60 holdings spanning 16 European countries and 11 industry sectors, including industrials, financials, healthcare, and information technology, among others. The fund does not pay dividends, opting to reinvest any earnings, and is categorized under Article 8 of the EU Sustainable Finance Disclosure Regulation, indicating its commitment to promoting ESG characteristics. Designed for private, non-professional investors, the fund plays a significant role in supporting responsible investment within the European small-cap equity segment, offering liquidity aligned with an open-end structure, though with higher liquidity risk due to its focus on smaller companies.