Address And Details

32 Old Slip , New York, NY 10005
Fund Manager Federico Gilly
Manager Tenure 3 Years 11 Months

Strategy And Objective

The Goldman Sachs Alternative Premier Fund (the Fund ) seeks long-term absolute return. The Fund seeks to provide exposure to a diversified range of alternative investment strategies ( Alternative Risk Premier ) using both long and short positions within a variety of asset classes. The Fund seeks to maintain consistent level of volatility over the long term. Alternative Risk Premier are multi-asset, quantitatively-driven investment strategies that seek to capture diversified sources of returns. Alternative Risk Premier may be classified into certain styles, including carry, value, momentum, and structural. Carry styles seek to capitalize on the tendency for higher yielding assets to outperform lower yielding assets. Value styles seek to take advantage of the tendency for assets with low or high market prices to revert to their fundamental valuation. Momentum styles seek to exploit the tendency for recent relative price movements to continue in the near future. Structural styles seek to profit from anomalies or mispricing present in the market. The Investment Adviser will allocate to Alternative Risk Premier across a range of asset classes, which may include equities, fixed income, credit, currencies, and commodities. Exposure to these asset classes may be implemented directly or indirectly by investing in (I) global equity and fixed income securities; (ii) unaffiliated investment companies, including exchange-traded funds ( ETFs ); (iii) affiliated investment companies, including ETFs, that currently exist or that may become available for investment in the future for which Goldman Sachs Asset Management, L.P. or an affiliate now or in the future acts as investment adviser or principal underwriter; (iv) derivative instruments, including foreign exchange forward contracts, options, futures contracts and options and swaps on futures contracts, credit, currency, index, interest rate, and total return swaps; and (iv) structured securities. Given the dynamic nature of the Investment Advisers process and the underlying exposures within the Fund, the Funds overall exposure to derivative instruments will vary over time. Investment in the Subsidiary. The Fund may gain exposure to the commodities markets by investing in a wholly-owned subsidiary of the Fund organized as a company under the laws of the Cayman Islands, Cayman Commodity AP, Ltd. (the AP Subsidiary). The AP Subsidiary is advised by the Investment Adviser and seeks to gain commodities exposure. The Fund may invest up to 25% of its total assets in the AP Subsidiary. The AP Subsidiary primarily obtains its commodity exposure by investing in commodity-linked derivative instruments, which may include but are not limited to total return swaps, commodity (U.S. or foreign) futures and commodity-linked notes. Commodity-linked swaps are derivative instruments whereby the cash flows agreed upon between counter parties are dependent upon the price of the underlying commodity or commodity index over the life of the swap. Commodity futures contracts are standardized, exchange-traded contracts that provide for the sale or purchase of, or economic exposure to the price of, a commodity or a specified basket of commodities at a future time. The value of these commodity-linked derivatives will rise and fall in response to changes in the underlying commodity or commodity index. Commodity-linked derivatives expose the AP Subsidiary and the Fund economically to movements in commodity prices. Such instruments may be leveraged so that small changes in the underlying commodity prices would result in disproportionate changes in the value of the instrument. Neither the Fund nor the AP Subsidiary invests directly in physical commodities. The AP Subsidiary may also investing other instruments, including fixed income securities, either as investments or to serve as margin or collateral for its swap positions, and foreign currency transactions (including forward contracts).

Net Asset Value

as of 6:09 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.98%
  • 1 Month
  • +0.57%
  • 3 Months
  • +3.35%
  • 1 Yr Return
  • -7.80%
  • 5 Yr Return
  • -27.73%

Equity Sector Breakdown

Finance 66.64%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 66.64%
Stocks 33.36%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.82 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -4.56 -2.60 -3.28
Beta 0.08 0.09 0.25
R Squared 0.06 0.06 0.27
Std Deviation 6.03 5.58 6.43
Sharpe Ratio -0.53 -0.20 n/a

Purchase Information

as of 6:16 PM ET 09/15/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • -0.06%
  • -2.74%
-0.06% -2.74%
3 Year
  • -2.36%
  • -3.74%
-2.36% -3.74%
10 Year
  • +1.34%
  • +1.06%
+1.34% +1.06%
Life Of Fund
  • +1.91%
  • +1.81%
+1.91% +1.81%

Top 10 Holdings

Symbol Company Name % Of Assets
FGTXX GOLDMAN SACHS FIN SQ FD GOV F 66.64%

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