1. 0217 Goldman Sachs US Equity Portfolio
Overall Morningstar
RatingTM
★★★
A sub-fund of Goldman Sachs Funds, SICAV
Investment Profile
Performance (%)‏
Performance Summary (%)‏
Investor objective
Capital appreciation with no need for income.
Position in your overall investment portfolio*
The fund can form a core holding in your portfolio.
The fund is designed for:
The fund is designed for investors seeking diversified US equity exposure.
28-Feb Feb-13
28-Feb Feb-14
28-Feb Feb-15
28-Feb Feb-16
29-Feb Feb-17
Fund (USD)
11.6
25.3
12.2
-14.7
21.6
Index
12.7
24.6
14.8
-6.8
24.2
Morningstar Sector av.(1)
8.3
28.7
10.7
-9.5
22.8
Morningstar Quartile(1) 1 3 2 4
Cumulative
Annualised
Since Launch
1 Mth
3 Mths
YTD
1 Yr
3 Yrs
5 Yrs
10 Yrs
Base Shares Distribution(3)
99.80
4.28
8.06
6.11
21.61
5.14
10.20
5.88
S&P 500 Net Return (USD) (4)
119.41
3.90
7.87
5.83
24.17
9.93
13.27
6.92
US Large-Cap Blend EquitySector av. (1)
82.68
3.52
7.24
5.54
22.80
7.63
11.15
5.28
Quartile Position in Sector (1) 1 3 4 2
OCS (Acc.) (EUR-Hdgd)(3)
119.60
4.22
7.65
20.07
4.79
9.73 -
S&P 500 (NTR, 100% Hgd to EUR) (4)
172.39
3.88
7.45
5.59
22.33
9.13
12.45
Base Shares (Acc.)(3)
99.40
4.29
8.02
6.06
21.59
5.15
10.19
5.86
Fund Data‏
No. of holdings 54
Calendar Year Performance (%)‏ 40
% in top 10
Historical Volatility Portfolio - 3 yrs
12.29
Financial Information‏
Performance (Indexed)‏
2012
2013
2014
2015
2016
Fund (USD)
15.2
32.5
12.4
-3.0
2.1
Index
31.5
13.0
0.7
11.2 47
Turnover ratio (%)‏
Net Asset Value (NAV ) - Base Shares Distribution‏
USD
19.98
4.38
Historical Tracking error - 3 yrs
Net Asset Value (NAV) - OCS (Acc.) (EUR-Hdgd)
EUR
21.96
Excess returns - 3 yrs
-4.79
Net Asset Value (NAV) - Base Shares (Acc.)
USD
19.94
0.88
R 2- 3 yrs
Total Net Assets (m)‏
USD
934
Sector Allocation (%)‏
Beta - 3 yrs
1.13
Transaction Costs (%)
0.05
Fund Characteristics
Commissions (%)
0.05
Other Costs (%)
Currency - Base Shares Distribution
USD
0.00
Swing Pricing (%)
Currency - OCS (Acc.) (EUR-Hdgd)‏
EUR
Subscription (%)
Currency - Base Shares (Acc.)‏
USD
0.06
Redemption (%)
0.06
Inception Date - Base Shares Distribution
03-Feb-06
Initial Sales Charge: up to (%)
Inception Date - OCS (Acc.) (EUR-Hdgd)‏
17-Jun-09
This is an actively managed fund that is not designed to track its reference benchmark. Therefore the performance of the fund and the performance of its reference benchmark may diverge. In addition stated reference benchmark returns do not reflect any management or other charges to the fund, whereas stated returns of the fund do. Past performance does not guarantee future results, which may vary. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of capital may occur.
5.50
Performance Fee (%)
N/A
Inception Date - Base Shares (Acc.)‏
03-Feb-06
Total Expense Ratio (TER) (%)(2)
1.69
Fund Domicile
Luxembourg
Management Fee (%)
1.50
Distribution Fee (%)
0.00
Top 10 Holdings(5)‏
Fund Facts
Security %
Country
Activity
Apple Inc
6.2
United States
Technology Hardware & Equipment
Wells Fargo & Co
5.0
Banks
Alphabet Inc
4.5
Software & Services
Bank of America Corp
4.0
Costco Wholesale Corp
3.6
Food & Staples Retailing
NIKE Inc
Consumer Durables & Apparel
General Electric Co
3.5
Capital Goods
Mastercard Inc
Amazon.com Inc
3.4
Retailing
JPMorgan Chase & Co
2.9 LU
ISIN - Base Shares Distribution
ISIN - OCS (Acc.) (EUR-Hdgd)‏ LU LU
ISIN - Base Shares (Acc.)‏
GSUSBBA LX
Bloomberg Ticker - Base Shares Distribution
GSUSEEH LX
Bloomberg Ticker - OCS (Acc.) (EUR-Hdgd)‏
GSUBEBA LX
Bloomberg Ticker - Base Shares (Acc.)
Dividend Distribution Frequency
Annually
Dealing and valuation daily
Reporting year end
30 November
S&P 500 Net Return (USD)‏
Reference Benchmark
T + 3
Settlement
Please see Additional Notes. All performance and holdings data as at 28-February-17. * We identify two broad categories of funds to help investors think about how to construct their overall investment portfolio. We describe the following as “Core”: (A) Equity funds with a global investment remit or those mainly focused on US and European markets, given the size and transparency of these markets. (B) Fixed income funds with a global investment remit or those mainly focused on US, European and UK markets and invest predominantly in investment grade debt, including government. (C) Multi asset funds with a multi asset benchmark. All other funds we describe as “Complements”. Both Core and Complement funds can vary in risk level and those terms are not meant to indicate the risk level of the funds. For regionally focussed investment portfolios we understand that the categorisation may be different from the perspective of different investors. Consult your financial adviser before investing to help determine if an investment in this fund and the amount of the investment would be suitable. Past performance does not guarantee future results, which may vary. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of capital may occur.
(1) The Morningstar sector average figures are calculated using all open funds available in the universe at the indicated time period. The number of funds in a Morningstar sector varies over time as new funds are launched and funds close. Source: Morningstar ©2017 Morningstar, Inc. All Rights Reserved. (2) The total expense ratio is based on fees and expenses during the month. The Ongoing Charges (OC) details can be found in the Key Investor Information Document.. (3) Fund returns are shown net of applicable ongoing fees within the portfolio, with dividends re-invested using the ex-dividend NAV. These returns are for comparison of performance against specified index. As the investor may be liable to other fees, charges and taxes, they are not meant to provide a measure of actual return to investors. The performance data do not take account of the commissions and costs incurred on the issue and redemption of shares. (4) The S&P 500 Net Return Index, is quoted at month-end with income reinvested and, in contrast to the Portfolio, shown without the deduction of any expenses. (5) Portfolio holdings may not represent current, future investments or all of the portfolio's holdings. Future portfolio holdings may not be profitable.For RHBIM’s Use Only and Not For Distribution To The General Public.
Please note that Goldman Sachs Asset Management does not maintain any licenses, authorizations or registrations in Asia ex Japan, except that it conducts businesses (subject to applicable local regulations) in and from the following jurisdictions: Hong Kong, Singapore, Malaysia, Korea, and India
Goldman Sachs (Malaysia) Sdn Bhd is licensed in Malaysia to undertake the regulated activity of fund management. Goldman Sachs has no GSAM funds registered in Malaysia and securities may not be offered or sold in Malaysia unless it comes within the ambit of its licensed activities in Malaysia.