Launched on April 5, 2022, the Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is a passively managed exchange traded fund launched on April 5, 2022.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA), a passively managed exchange traded fund launched on 04/05/2022.
| ARCA Exchange | US Country |
The fund described is a type of investment vehicle that primarily focuses on investing in a broad portfolio of securities. These securities are intended to reflect the performance of a specific underlying index. The strategy involves allocating at least 80% of the fund’s assets towards investments that are directly included in this index or related financial instruments such as depositary receipts. Depositary receipts represent ownership in the shares of foreign companies and are traded on domestic stock exchanges. The underlying index, in this context, is geared towards tracking the equity market performance of both large and mid-capitalization companies in the United States. Specifically, it aims to cover the largest 1,000 companies based on free-float market capitalization, which represents the portion of shares available for trading by the general investing public.
This product focuses on investing in equity securities of large and mid-capitalization companies in the U.S. It is designed for investors seeking exposure to a broad section of the US equity market, specifically targeting the significant players based on their market capitalization.
The fund also invests in depositary receipts, which allows investors to hold shares in foreign companies while trading in U.S. dollars on the domestic stock exchange. This offers a convenient way for investors to gain exposure to international markets without the complications of cross-border and currency transactions.
By aiming to invest at least 80% of its assets in securities that are part of its underlying index, the fund adopts an index-based investment strategy. This approach seeks to mirror the performance of the underlying index, which is constructed to reflect the market performance of the largest 1,000 U.S. companies by free-float market capitalization.