Goldman Sachs MarketBeta Emerging Markets Equity Fund (GSEE)

Overview

This fund is designed for investors looking to gain broad exposure to equity securities within emerging markets. It predominantly focuses on investing in large and mid-capitalization companies, targeting approximately the top 85% of the free-float market capitalization across these markets. To achieve its investment objectives, the fund allocates at least 80% of its assets to securities that are included in its underlying index. This includes direct investments in the securities themselves, depositary receipts that represent these securities, and underlying stocks with respect to these depositary receipts included in its underlying index. The approach is aimed at tracking the performance of its underlying index while offering investors a diversified portfolio within the emerging markets segment.

Products and Services

• Securities Investment

  The core product offering of this fund involves investing directly in equity securities that are part of its underlying index. This enables the fund to closely mirror the performance of large and mid-cap companies in emerging markets, providing investors with a straightforward approach to gaining exposure to these economies.

• Depositary Receipts

  In addition to direct securities investment, the fund invests in depositary receipts. These financial instruments represent a specified number of shares (or one share) in a foreign company and are traded on a local stock exchange. This method allows the fund to hold foreign stocks that are not directly purchasable on local exchanges, offering a broader reach within emerging markets.

• Underlying Stocks in Respect to Depositary Receipts

  The fund also delves into investing in underlying stocks in respect of depositary receipts included in its underlying index. This allows for an additional layer of diversification and access to emerging market equities, facilitating a more comprehensive investment approach within these dynamic economies.