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Address And Details

32 Old Slip , New York, NY 10005
Fund Manager Neill Nuttall
Manager Tenure 2 Years 10 Months

Strategy And Objective

The Goldman Sachs Satellite Strategies Portfolio (the Fund ) seeks long-term capital appreciation. The Fund seeks to achieve its investment objective by investing in a combination of underlying funds that currently exist or that may become available for investment in the future for which Goldman Sachs Asset Management, L.P. ( GSAM or the Investment Adviser ) or an affiliate now or in the future acts as investment adviser or principal underwriter without considering or canvassing the universe of unaffiliated funds available, and may also invest in unaffiliated exchange-traded funds ( ETFs ) (collectively, the Underlying Funds ). Some of the Underlying Funds invest primarily in fixed income or money market instruments (the Underlying Fixed Income Funds ) and other Underlying Funds invest primarily in equity securities (the Underlying Equity Funds ). Under normal conditions, at least 80% of the Fund s total assets will be allocated among Underlying Funds that the Investment Adviser considers to be invested in satellite asset classes. Satellite asset classes are those that historically have had lower correlations to traditional market exposures such as large cap equities and investment grade fixed income. Satellite funds can be both equity and fixed income funds. The Fund s investment in any of the Underlying Funds may exceed 25% of its assets. The Investment Adviser expects to invest relatively significant percentages of its equity allocation in the following satellite equity asset classes: emerging markets equity, international small cap, U.S. and international real estate securities and global public infrastructure securities. The Investment Adviser may invest relatively significant percentages of its fixed income allocation in the following satellite fixed income asset classes: high yield, bank loans and emerging markets debt. The Fund may also use derivatives (including (i) futures contracts, including futures based on equity or fixed income indices, and interest rate futures; (ii) options, including long and short positions in call options and put options on indices, individual securities or currencies and options on futures contracts; and (iii) currency forwards, and non-deliverable forwards) to gain exposure to securities in which the Underlying Funds invest. The Fund may use derivatives for both hedging and non-hedging purposes. The Fund s blended benchmark is the Satellite Strategies Composite Index, as discussed further under Performance.

Net Asset Value

as of 6:32 PM ET 12/07/2021

Performance

  • 1 Week
  • +2.39%
  • 1 Month
  • -1.75%
  • 3 Months
  • -3.64%
  • 1 Yr Return
  • +6.64%
  • 5 Yr Return
  • +16.30%

Equity Sector Breakdown

Finance 98.68%
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 98.68%
Stocks 1.32%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 63.37 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -4.03 -4.93 -4.40
Beta 0.65 0.63 0.63
R Squared 0.75 0.70 0.65
Std Deviation 13.88 11.56 10.12
Sharpe Ratio 0.69 0.53 n/a

Purchase Information

as of 7:05 PM ET 12/06/2021
Minimum Initial $1000000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +8.13%
  • +17.05%
+8.13% +17.05%
3 Year
  • +7.68%
  • +7.09%
+7.68% +7.09%
10 Year
  • +5.17%
  • +5.88%
+5.17% +5.88%
Life Of Fund
  • +3.10%
  • +3.25%
+3.10% +3.25%

Top 10 Holdings

Symbol Company Name % Of Assets
GERAX GOLDMAN SACHS EMER MARK EQ IN 6.81%
GARSX GOLDMAN SACHS GL REAL EST SEC 5.93%
GSHCX GOLDMAN SACHS HIGH YIELD 5.17%
GLPCX GOLDMAN SACHS MLP ENERGY INFR 4.89%
GFRIX GOLDMAN SACHS HI YD FL RATE 4.84%
GEMAX GOLDMAN SACHS EMERGING MARKE 4.44%
GEM GOLDMAN SACHS ACTIVEBETA EMER 3.18%
GICAX GOLDMAN SACHS INTL SM CAP INS 20.25%
GAMDX GOLDMAN SACHS LOC EM MKT DEBT 2.12%
GGIDX GOLDMAN SACHS GL INFRAS FD 19.99%

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