<p><span style="font-size: 8pt;font-family: Arial;">To provide strong total returns primarily through generating an attractive and sustainable income by investing globally across a broad range of income-generating asset classes.</span></p>


Goldman Sachs Asset Management B.V.

Goldman Sachs Asset Management International

USD Moderate Allocation

Morningstar EAA USD Mod Tgt Alloc NR USD

Allocation

MSCI World 100% Hdg NR USD

ICE BofA US HY BB-B Cons hdg TR USD

Bloomberg Gbl Agg Corp TR USD

GS Global MA Inc OC Gr HKD MDist

GS Global MA Inc I Acc USD

2024

2023

2022

2021

2020

FixedIncome

Equity

Other

CashEquivalents

United States

Luxembourg

United Kingdom

France

Switzerland

Canada

Germany

Netherlands

Other countries

Unclassified

Bond - Corporate Bond

Bond - Treasury Future

Financial Services

Technology

Industrials

Healthcare

Consumer Defensive

Utilities

Energy

Consumer Cyclical

Real Estate

Communication Services

Basic Materials

10 Year Treasury Note Future June 25 (2025-06-18 Maturity)

GS Em Mkts Dbt IO Inc USD

Us Ultra Bond Cbt Jun25 Xcbt 20250618 (2025-06-18 Maturity)

GS Emerging Mkts Dbt Lcl IO Inc USD

Long Gilt Future June 25 (2025-06-26 Maturity)

2 Year Treasury Note Future June 25 (2025-06-30 Maturity)

Euro OAT Future Mar 25 (2025-03-06 Maturity)

Euro Bobl Future June 25 (2025-06-06 Maturity)

Euro-Schatz Fut Mar25 Xeur 20250306 (2025-03-06 Maturity)

Goldman Sachs Asset Management Fund Services Ltd