LU2405385126
Goldman Sachs Japan Equity Partners Portfolio Fund USD-Hedged

  • Equities
  • Japan
  • USD Cash
  • Accumulating
Invest with
USD Cash
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund seeks to achieve long-term capital appreciation (over 3-5 years) by investing primarily in equities of Japanese companies.
Key information
Annual report
Product Highlight Sheet
Prospectus
Information Memorandum
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Offers investors exposure to a concentrated portfolio (25-40 stocks) of high quality Japanese listed companies that provide an attractive and sustained growth in the long term.Focuses on companies that are exposed to long-term structural growth trends (eg. factory automation, health technology), allowing them to be more resilient against economic cycles in Japan.
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people
People
Helmed by Ichiro Kosuge, Head of Japan Fundamental Equity with more than 30 years of experience and supported by a team of five local investment professionals, some of whom came from GSAM’s longstanding Japan Equity Portfolio that started in 2007. Reflecting the strong-team approach, Ichiuro is hands-on and also serves as a research analyst covering the technology, industrial and telecom sector.
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performance
Performance
The Fund has been a strong performer since its inception in May 2015, with outperformance being particularly impressive in years when the Japanese equity market has been positive, such as 2017 and 2020.
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process
Process
The Fund focuses on identifying market inefficiencies, looking out for large/mid cap companies that are experiencing a second-wind driven by expanding new businesses, overseas expansion of existing businesses or improving domestic growth (“re-growth” potential).Fundamental bottom up stock selection process that starts with a belief that strong excess returns can be generated by building larger positions in fewer high-quality, high-conviction, long term opportunities.
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cost
Cost
Retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access
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selectionCriteria
How it fits in a portfolio
Investors looking for meaningful exposure to a concentrated portfolio of Japanese companies, with a tilt towards growth and quality attributes, can consider an allocation to the Fund.However, investors should be mindful that the Fund is concentrated in its geography and quantity of holdings rather than in a broader diversified basket. Due to this, one should be aware that the Fund can experience periods of significant volatility especially in negative market conditions.Updated as of 2022/12/09
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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
59.88%
YTD
8.26%
1 month
0.85%
6 month
11.38%
1 year
11.54%
3 year
79.98%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-20.90%As of Aug 2025
Volatility
15.56%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.4%-4.1%-1.6%-0.3%7.7%3.7%0.7%0.8%----
202425.5%5.0%7.8%2.8%-3.8%2.9%4.3%-1.6%3.0%-0.9%-0.7%2.6%2.1%
202334.7%6.2%0.1%4.2%1.3%7.8%6.5%2.6%-0.6%-3.2%-3.9%8.6%1.5%
2022-15.1%-11.5%-1.9%2.3%-4.9%-0.4%-6.1%8.0%1.1%-6.1%7.3%5.1%-7.1%
2021-----------0.0%2.9%
Top Exposures
Mitsubishi UFJ Financial Group Inc6.11%
Sony Group Corp6.05%
Hitachi Ltd6.00%
Tokio Marine Holdings Inc5.76%
Hoya Corp4.67%
Tokyo Electron Ltd4.46%
NEC Corp4.31%
ASICS Corp3.99%
Recruit Holdings Co Ltd3.97%
Daifuku Co Ltd3.96%
Daiichi Sankyo Co Ltd3.93%
Fast Retailing Co Ltd3.62%
Pan Pacific International Holdings Corp3.57%
M3 Inc3.27%
Keyence Corp3.08%
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
1.63%0.88% p.a.
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Fund facts
ISIN
LU2405385126
Fund house
GSAM
Fund size
US$3.8B
As of 12 Sep 2025
Fund inception date
24 Nov 2021
Fund class currency
USD
Fund share class
Other Currency Shares (Acc.) (USD Hedged)
Oldest share class ISIN
LU1217871059
Oldest share inception date
27 May 2015
Pricing frequency
Daily

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