The fund seeks current income and capital appreciation in the long term by investing in companies across any size outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in income-producing (dividend-paying) equity securities of U.S. and foreign companies.
In selecting securities for the portfolio, the research team first ranks stocks based on characteristics, such as quality of financial condition and creation of shareholder value, relative value and income-generation potential.
The team then narrows the investable universe to a list of companies based on their current and future prospects for income generation as well as long-term price appreciation.
In addition, the team considers factors, such as history of dividend payment and growth, current dividend policy, and relevant corporate events.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
Generally, no more than 20% of the fund’s net assets will be exposed to any one sector.
The fund also invests in real estate investment trusts, and other investment companies including mutual funds and exchange-traded funds.
Additionally, the fund’s equity investments may include indirect exposure to foreign securities through American Depositary Receipts and master limited partnerships.
Also, the fund has the flexibility to invest across market capitalizations, but will typically focus on larger companies.
The fund seeks capital appreciation in the long term and current income by investing in companies outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in securities or instruments and a combination of underlying funds that currently exist or that may become available for investment in the future.
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).
The Underlying Funds seek to invest in high dividend paying stocks and estimate to achieve dividends in excess of their respective benchmarks.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
Also, the fund may invest directly in other securities and instruments, including affiliated and/or unaffiliated exchange traded funds.
Additionally, the fund will invest significantly in the Goldman Sachs U.S. Equity Dividend and Premium Fund and Goldman Sachs International Equity Dividend and Premium Fund.
In addition, the fund may invest in U.S. investment grade bonds.
Also, the fund invests approximately 10% of its net assets in the Goldman Sachs Tactical Tilt Overlay Fund (the Underlying Tactical Fund).
The fund may invest up to 20% of its net assets directly in securities and other instruments, including derivative instruments.
The fund seeks capital appreciation in the long term and current income by investing in companies outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in securities or instruments and a combination of underlying funds that currently exist or that may become available for investment in the future.
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).
The Underlying Funds seek to invest in high dividend paying stocks and estimate to achieve dividends in excess of their respective benchmarks.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
Also, the fund may invest directly in other securities and instruments, including affiliated and/or unaffiliated exchange traded funds.
Additionally, the fund will invest significantly in the Goldman Sachs U.S. Equity Dividend and Premium Fund and Goldman Sachs International Equity Dividend and Premium Fund.
In addition, the fund may invest in U.S. investment grade bonds.
Also, the fund invests approximately 10% of its net assets in the Goldman Sachs Tactical Tilt Overlay Fund (the Underlying Tactical Fund).
The fund may invest up to 20% of its net assets directly in securities and other instruments, including derivative instruments.
The fund seeks capital appreciation and current income by investing in companies across any size outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in the securities of U.S. and foreign dividend paying companies.
The team defines dividend paying securities, as equity securities that have paid a dividend in the prior 12 calendar months or that are reasonably likely to pay a dividend in the 12 calendar months following the fund’s acquisition of the security.
The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on dividend paying companies exhibiting favorable long-term fundamental characteristics.
In addition, the team prefers companies that are trading at discounts to their estimated intrinsic value.
Also, the team looks for characteristics such as the company’s ability to grow intrinsic value per share over the long-term.
The team calculates a company’s intrinsic value on the basis of factors such as the company’s growth prospects, historic and projected return on capital, tangible and intangible asset values or projections of the company’s future cash flows.
Additionally, the team may also compare the current market valuation of the company to its own historical valuation or to its peers.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund has the flexibility to invest across all market capitalizations, but will generally invest in large capitalization companies.
The fund’s objective is to generate an attractive total return including dividend income by investing in companies around the world with dividend payment history.
The fund has flexibility to invest across all market capitalization and look for companies with a track record of dividend payment. The research team then analyzes the earnings growth and prefers companies that have the potential to sustain and increase dividend. The team also identifies companies that are likely to initiate a dividend.
The fund generally invests in large- and mega-cap companies with market capitalization of at least $50 billion. The fund may allocate between 25% and 60% of its total investments in the U.S. based companies.
The fund’s objective is to generate an attractive total return including dividend income by investing in companies around the world with dividend payment history.
The fund has flexibility to invest across all market capitalization and look for companies with a track record of dividend payment. The research team then analyzes the earnings growth and prefers companies that have the potential to sustain and increase dividend. The team also identifies companies that are likely to initiate a dividend.
The fund generally invests in large- and mega-cap companies with market capitalization of at least $50 billion. The fund may allocate between 25% and 60% of its total investments in the U.S. based companies.
