GS Global Millennials Equity Portfolio BS (USD) - ACC
GS Global Millennials Equity is a thematic fund which invests in companies that benefit from the consumption trends and behavior of the Millennials generation (individuals born between 1980 and 1999) by investing in opportunities that benefit from i) tech-enabled and ii) lifestyle & values themes. The fund follows a bottom-up approach, is style agnostic and un-constrained by sector and region. The fund seeks to beat its benchmark MSCI ACWI Growth by 500-700 bps.The fund will typically invest in 40-50 stocks and has nearly 75% geographic exposure primarily to US and Europe, with the remaining spread across Asia and Latin America.Given the fund invests in specific themes that are expected to show secular growth, the fund is suitable for the long term investment horizon i.e. atleast 3 years or more. The fund may carry some degree of sector risk.