The fund seeks total return 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) securities of foreign companies, including securities of companies in emerging market countries.
The team prefers attractively valued companies that exhibit the potential for long-term growth.
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 may from time to time emphasize one or more sectors in selecting its investments, including the financial services sector.
Also, the fund may invest directly in foreign securities or indirectly through depositary receipts.
From time to time, the fund may focus its investments in certain countries or geographic areas, including the Asia/Pacific region and Europe.
The fund seeks current income and capital appreciation 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 U.S. and non-U.S. dividend-paying stocks.
The team focuses on companies that have demonstrated above-median yield and a positive trend in dividend payouts and favorable earnings growth.
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.
In addition, the fund utilizes a set of values-based screens to avoid investing in companies that are materially involved in the production, distribution, retail, supply or licensing of alcohol or related products, or tobacco or related products.
The fund also avoids companies materially involved in gambling, or that are directly participating in providing abortions and/or the production of drugs marketed with the primary intent to terminate pregnancy.
Also, the fund excludes companies in its portfolio that are directly engaged in scientific research using stem cells derived from human embryos, fetal tissue or human embryo cloning techniques, or are involved in the production, distribution or retail of adult entertainment, or involved in the production, distribution, retail, supply or licensing of psychoactive recreational cannabis or derivative products.
The fund may also invest in other investment companies and real estate investment trusts.
Additionally, the fund seeks to diversify its investments across a number of different countries throughout the world, and, invests in at least five different countries (including the U.S.).
The fund may invest no more than 40% of its net assets in securities of companies in emerging market countries.
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 total return by investing in mid-and large-size 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 higher dividend yielding equity securities.
In selecting securities for the portfolio, the research team focuses on the dividend yield potential and the historic volatility of each security, the correlation between securities, trading liquidity and market capitalization.
Also, the team may consider transaction costs and overall exposures to countries, sectors and stocks.
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 may invest in a limited number of sectors or industries, including the technology, consumer staples and financial sectors.
Additionally, the fund may also hold up to 20% of its net assets in non-equity securities of foreign or U.S. issuers.
The fund may invest in a number of countries throughout the world, including emerging markets.
Also, the fund may invest in common stock, preferred stock, American Depositary Receipts, Global Depositary Receipts, American Depositary Shares, convertible securities and warrants and rights.
The fund may invest in exchange-traded funds and other mutual funds to manage its cash position, or to gain exposure to the equity markets or a particular sector of the equity markets.
The fund has the flexibility to invest some or all of its assets in cash, derivatives, fixed-income instruments, government bonds, money market instruments, repurchase agreements or securities of other investment companies under adverse or unstable market conditions or abnormal circumstances.
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.
