LU0234572377
Goldman Sachs Emerging Markets Equity Portfolio Fund

  • Equities
  • Emerging markets
  • USD Cash
  • Accumulating
Invest with
USD Cash
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund seeks long-term capital appreciation by investing primarily in the equity securities of Emerging Markets issuers.
Key information
Annual report
Product Highlight Sheet
Prospectus
Information Memorandum
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Differentiated Emerging Market (“EM”) equity product, featuring significant exposure to small and mid-cap names, and off-benchmark names.A diverse basket of typically 80-120 names, offering a broad exposure to some of the most attractive emerging market companies listed globally.
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people
People
Managed by two Co-PMs, Basak Yavuz and Hiren Dasani, who have over 20 years of average experience investing in EM regions such as Latin America, EMEA, and India.Supported by a team of 24 investment professionals based across GSAM offices in New York, Sao Paulo, Singapore, Hong Kong, Singapore, Hong Kong, Mumbai, and Bengaluru.
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performance
Performance
Has demonstrated top-tier returns in the long term.Has the tendency to demonstrate volatility during times of market distress, especially due to its preference for smaller companies.
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process
Process
Bottom-up analysis to identify sound companies trading at attractive prices in the local markets that also have the potential to generate strong returns over the long term.Combs through a large universe of 6000 stocks in the EM, rather than being confined to the MSCI EM Index, which only have 1350 names that are typically larger-cap, government-owned entities.
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cost
Cost
Retail share class with 100% trailer fees rebated back to Endowus investors to achieve the lowest cost of access.
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selectionCriteria
How it fits in a portfolio
Investors looking for a broad exposure to EM equities across the market capitalisation spectrum can consider an allocation to this Fund.We like the Fund’s highly experienced leadership team, and GSAM’s well-resourced, on-the-ground analyst team that helps to generate alpha through a less benchmark-constrained approach.Investors should be aware that emerging market equities have traditionally experienced high levels of volatility and sharp drawdowns. Therefore, when considering an investment in the Fund, investors should be mindful of the risk and adopt a diversified approach.Updated as of 2023/05/17
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
85.11%
YTD
16.88%
1 month
2.76%
6 month
15.49%
1 year
15.28%
3 year
27.07%
5 year
7.76%
10 year
80.25%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-63.95%As of Aug 2025
Volatility
20.64%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025--0.8%2.0%-0.7%0.4%6.3%4.6%1.4%2.8%----
20248.6%-3.3%4.8%2.6%-0.1%0.4%3.2%0.6%1.7%6.6%-4.8%-2.7%-0.0%
20235.9%9.5%-6.3%1.8%-2.5%-1.8%4.4%3.8%-5.1%-2.9%-3.9%7.0%3.0%
2022-30.4%-4.9%-5.4%-3.6%-6.8%-0.9%-8.0%0.6%-0.7%-11.6%-5.3%14.6%-1.3%
2021-3.2%4.4%0.5%-3.5%2.5%1.6%2.7%-5.3%2.2%-4.2%0.8%-4.2%-0.3%
Top Exposures
Taiwan Semiconductor Manufacturing Co Ltd9.71%
Tencent Holdings Ltd7.08%
Samsung Electronics Co Ltd3.54%
Alibaba Group Holding Ltd Ordinary Shares3.46%
ICICI Bank Ltd2.40%
SK Hynix Inc2.06%
Xiaomi Corp Class B1.79%
Delta Electronics Inc1.60%
China Merchants Bank Co Ltd Class H1.58%
Eternal Ltd1.54%
MediaTek Inc1.41%
Ping An Insurance (Group) Co. of China Ltd Class H1.39%
NetEase Inc Ordinary Shares1.29%
Infosys Ltd1.20%
Bajaj Finance Ltd1.10%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.94%1.07% p.a.
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Fund facts
ISIN
LU0234572377
Fund house
GSAM
Fund size
US$3.6B
As of 12 Sep 2025
Fund inception date
14 Nov 2005
Fund class currency
USD
Fund share class
Base Shares (Acc.)
Oldest share class ISIN
LU0083344555
Oldest share inception date
15 Dec 1997
Pricing frequency
Daily

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