Goldman Sachs Asset Management (GSAM) has been providing financial services, including investment and advisory solutions and risk management expertise, to institutional and individual investors around the world since 1988. With more than $ 1,000 billion in Assets under management, GSAM is regarded as one of the largest financial management companies in the world.
The fund has more than 2,000 professionals in 31 offices around the world. Its teams include more than 700 investment professionals who capitalize on Goldman Sachs technology, risk management skills and market knowledge. The fund family develops investment strategies based on geographic regions, sectors and asset classes.
Below, we share with you three of the top-ranked Goldman Sachs mutual funds. Each has a Zacks Mutual Fund Rank # 1 (strong buy) and is expected to outperform their peers going forward. Investors can click here to view the full list of Goldman Sachs mutual funds.
Class A shares of Goldman Sachs US Mortgages Fund GSUAX aims for a high level of total return consisting of income and capital appreciation. The fund invests the majority of its net assets in securities representing direct or indirect interest or guaranteed by variable rate and fixed rate mortgages or other mortgage-linked securities of US issuers. GSUAX has three-year annualized returns of 3.9%.
At the end of June 2021, GSUAX held 870 issues with 33.23% of its assets invested in the Federal National Mortgage Association at 2%.
Goldman Sachs Strategic Growth Fund Investor Class GSTTX seeks long-term capital appreciation. GSTTX invests the lion’s share of its assets, measured at the time of purchase, in equity investments. The fund may invest up to a quarter of its total assets in foreign securities, including securities of issuers from countries with emerging markets or economies. GSTTX has three-year annualized returns of 21.9%.
GSTTX has an expense ratio of 0.87% compared to the category average of 0.99%.
Goldman Sachs ESG International Equity Fund Investor Category GIRNX aims for long-term capital appreciation. The fund invests the majority of the assets in a diversified portfolio of investments in equities of non-US issuers which, in the opinion of the investment advisor, adhere to the environmental, social and governance criteria of the fund. GIRNX posts three-year annualized returns of 14.6%.
Steven M. Barry continues to be one of GIRNX’s fund managers since 2000.
To view the Zacks rankings and past performance of all Goldman Sachs mutual funds, investors can click here to view the full list of Goldman Sachs mutual funds.
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