Goldman Sachs Asset Management (GSAM) has provided 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 trillion in assets under management, GSAM is recognized as one of the world’s leading financial management firms.
The fund employs more than 2,000 professionals in 31 offices worldwide. Its teams consist of more than 700 investment professionals who benefit from Goldman Sachs’ technology, risk management skills and market knowledge. The fund family develops investment strategies in relation to geographical regions, sectors and asset classes.
Below we present three top-notch mutual funds from Goldman Sachs. Each has a Zacks Investment Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to view Goldman Sachs’ full list of mutual funds.
Class A Shares of the Goldman Sachs US Mortgages Fund GSUAX seeks high total return composed of income and capital appreciation. The Fund invests the majority of its net assets in securities that represent direct or indirect interests in, or are backed by, adjustable rate and fixed rate mortgages or other mortgage-related 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 Federal National Mortgage Association 2%.
Investor class of the Goldman Sachs Strategic Growth Fund GSTTX seeks long-term capital appreciation. GSTTX invests the lion’s share of its assets, measured at the time of acquisition, in equity investments. The Fund may invest up to one quarter of its total assets in foreign securities, including securities of issuers in emerging market countries 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%.
Investor class of the Goldman Sachs International Equity ESG Fund GIRNX seeks long-term capital appreciation. The Fund invests the majority of its assets in a diversified portfolio of equity investments of non-US issuers that the Investment Adviser believes meet the Fund’s environmental, social and governance criteria. GIRNX has three-year annualized returns of 14.6%.
Steven M. Barry has continued as a fund manager at GIRNX since 2000.
To view the Zacks rank and past performance of all Goldman Sachs mutual funds, investors can click here to see the full list of Goldman Sachs mutual funds.
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