Goldman Sachs ActiveBeta Paris-Aligned Sustainable US Large Cap Equity UCITS ETF (GACA.DE) XETRA
Currency In EUR
- General
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- Historical Data
- Profile
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Currency In EUR
Address
47-49 St Stephen's Green
Dublin, D02 W634
Ireland
Phone
353-1-430-8700
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
October 11, 2019
This passively managed Sub-Fund seeks to foster long-term capital growth. Its core investment objective is to closely mirror the performance of the Goldman Sachs ActiveBeta Paris-Aligned Sustainable US Large Cap Equity Index (the "Index") prior to the deduction of fees and expenses. A key aim of the Sub-Fund is to facilitate a reduction in greenhouse gas ("GHG") emissions, aligning with the long-term decarbonisation goals and global temperature targets established by the Paris Climate Agreement. The Index was specifically constructed to support these sustainability aspirations. The Sub-Fund fulfills its objective by replicating the Index, holding its component securities in proportions similar to their weightings within the Index. These investments are concentrated in stocks of large-capitalization US companies. Please be aware that any portfolio holdings or allocations presented reflect a specific date and may not be indicative of future investments or encompass all of the portfolio's assets. There is no guarantee that future investments will be profitable, nor is the attainment of the Sub-Fund's objectives assured. For historical context, this fund, currently known as the Goldman Sachs ActiveBeta Paris-Aligned Sustainable U.S. Large Cap Equity UCITS ETF, was formerly named the Goldman Sachs ActiveBeta U.S. Large Cap Equity UCITS ETF. Prior to September 10, 2024, it was passively managed against the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index. Since September 10, 2024, the Fund's passive management strategy has transitioned to align with the Goldman Sachs ActiveBeta Paris-Aligned Sustainable U.S. Large Cap Equity Index.