Goldman Sachs Global Multi-Asset Income Portfolio Fund SGD-Hedged (Dist.)(LU2254254266)
- Multi-asset
- Global
- SGD Cash
- Distributing
To provide strong total returns primarily through generating an attractive and sustainable income by investing globally across a broad range of income-generating asset classes.
Utilises a multi-asset approach combining bonds, large-cap equities, and covered calls to generate income and capital appreciation. A significant portion of income is derived from a systematic options writing strategy, leveraging the firm's trading capabilities to provide a sustainable yield source. The strategy aims to deliver lower volatility than pure equities while maintaining lower interest rate sensitivity compared to traditional investment-grade bonds.
Managed by the Multi-Asset Solutions team, led by CIO Neill Nuttall and three senior portfolio managers who each possess over a decade of experience. The Asset Allocation team oversees strategic construction and risk budgeting, leveraging specialized teams for equity selection, fixed income selection, and quantitative option writing. The leadership team is supported by a broad global resource of over 200 multi-asset solutions professionals.
Delivered robust risk-adjusted returns relative to peers over a full market cycle while maintaining a comparable risk exposure. The strategy exhibits a lower value style bias compared to typical income peers, which may influence relative performance during specific factor rotations. Performance is anchored on long-term asset allocation, though investors should note that diversification benefits may diminish during market shocks when cross-asset correlations converge.
The Asset Allocation team determines strategic allocations and reference benchmarks for each sleeve, actively monitoring overall portfolio duration and tracking error. Fixed Income allocation employs a barbell approach combining high-yield debt with emerging market and corporate exposures. Equity allocation focuses on a high-conviction, income-oriented large-cap strategy. The Quantitative Investment Strategies team executes a systematic covered call writing program primarily on major global indices including the US, Europe, UK, and Japan.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Serves as an alternative income solution distinct from pure fixed income or equity mandates, with minimal exposure to REITs. The strategy offers differentiation through its significant reliance on index option writing and high-yield fixed income for income generation. Investors should note that the covered call strategy may cap upside participation during strong bull markets, making this fund most suitable for specific income needs alongside non-income related allocations.
Daily data. Returns as of 11 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.9% | 2.0% | -4.5% | 2.9% | 1.2% | 0.4% | -0.8% | 1.3% | - | - | - | - |
| 2025 | 8.3% | 2.1% | 0.3% | -2.3% | -1.1% | 1.9% | 2.2% | 0.9% | 1.0% | 1.1% | 0.9% | 0.8% | 0.5% |
| 2024 | 5.9% | 0.1% | 0.6% | 2.0% | -2.3% | 1.1% | 1.4% | 1.3% | 1.7% | 1.3% | -1.9% | 2.3% | -1.8% |
| 2023 | 10.9% | 4.3% | -1.6% | 1.3% | 1.5% | -1.4% | 2.1% | 1.4% | -1.3% | -2.4% | -2.5% | 5.5% | 3.9% |
| 2022 | -13.2% | -2.9% | -2.4% | 0.1% | -3.1% | -0.6% | -7.0% | 5.2% | -2.4% | -6.4% | 3.7% | 3.6% | -1.2% |
| Load more | 5 of 6 | ||||||||||||
| FORWARD US DOLLAR Purchased (2026-08-19 Maturity) | 7.76% |
| MSCS FLO ALL (2049-12-31 Maturity) | 3.67% |
| FORWARD US DOLLAR Purchased (2026-09-16 Maturity) | 3.65% |
| FORWARD BRITISH POUND Purchased (2026-07-15 Maturity) | 3.11% |
| Cash Offset | 2.98% |
| United States Treasury Bills 0% (2026-07-30 Maturity) | 2.58% |
| FORWARD US DOLLAR Purchased (2026-07-02 Maturity) | 1.87% |
| Euro Bobl Future Sept 26 (2026-09-08 Maturity) | 1.66% |
| Johnson & Johnson | 1.65% |
| FORWARD US DOLLAR Purchased (2026-07-14 Maturity) | 1.49% |
| CBOT/CBT T-BONDS 9/2026 (2026-09-21 Maturity) | 1.41% |
| Ultra US Treasury Bond Future Sept 26 (2026-09-21 Maturity) | 1.40% |
| FORWARD US DOLLAR Purchased (2026-08-05 Maturity) | 1.32% |
| Merck & Co Inc | 1.12% |
| Coca-Cola Co | 1.04% |
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