<p><span style="font-size: 8pt;font-family: Arial;">The Fund seeks to achieve long-term capital appreciation (over 3-5 years) by investing primarily in equities of Japanese companies.</span></p>


Goldman Sachs Asset Management B.V.

Goldman Sachs Asset Management International

Japan Large-Cap Growth Equity

Morningstar Japan Grt TME NR JPY

Equity

TOPIX NR JPY

GS Japan Eq PtnrsOthCcyShrsAccUSD(Snap)

GS Japan Equity Ptnrs I Acc GBP (Snap)

2024

2023

2022

2021

2020

CashEquivalents

Japan

Other countries

Unclassified

Technology

Healthcare

Consumer Cyclical

Financial Services

Industrials

Consumer Defensive

Communication Services

Basic Materials

Sony Group Corp

Mitsubishi UFJ Financial Group Inc

Tokio Marine Holdings Inc

Hitachi Ltd

Tokyo Electron Ltd

NEC Corp

ASICS Corp

Pan Pacific International Holdings Corp

Fast Retailing Co Ltd

Daifuku Co Ltd

Goldman Sachs Asset Management Fund Services Ltd