Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (SGMG)

Overview

This fund is dedicated to achieving its investment goal through a strategic focus on securities of small-cap U.S. companies. By allocating at least 80% of its assets towards securities present in its index, the fund aims to tap into the growth potential of small capitalization firms. This includes investing in both the securities directly and in depositary receipts that represent these securities, as well as the underlying stocks of these depositary receipts. The chosen index is specifically designed to offer investors exposure to the equity securities of small capitalization U.S. issuers, encompassing a wide range of sectors and industries within the small-cap market.

Products and Services

• Investment in Securities - The fund invests a significant portion of its assets in securities that are included in its designated index. This approach is aimed at tapping into the growth potential of small-cap U.S. companies across various sectors, providing a diversified exposure to investors.
• Depositary Receipts - Aside from direct investments in securities, the fund also invests in depositary receipts. These are financial instruments issued by banks that represent a specific number of shares in a foreign company's stock, allowing easier trading on local stock exchanges. In this context, depositary receipts represent shares of small-cap U.S. companies included in the fund's index, facilitating broader and more accessible investment opportunities.
• Underlying Stocks in Respect of Depositary Receipts - The fund further diversifies its investment portfolio by investing in the underlying stocks of companies for which depositary receipts are issued. This strategy ensures a deeper exposure to the small-capitalization market segment, potentially enhancing the fund's performance by capturing a wider range of growth opportunities within the U.S. economy.