Goldman Sachs Asset Management (GSAM) has been offering financial services, including investment and advisory solutions, and risk-management expertise, to institutional and individual investors throughout the world since 1988. With more than $1 trillion assets under management, GSAM is considered one of the world's leading financial management companies.
The fund prides itself in having more than 2,000 professionals in 30 offices worldwide. Its teams have more than 650 investment professionals, who capitalize on the technology, risk management skill and market insights of Goldman Sachs. The fund family develops investment strategies with respect to geographical regions, industries and asset classes.
Below we share with you three top-ranked Goldman Sachs mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Goldman Sachs mutual funds .
Goldman Sachs Mid Cap Value Investor GCMTX seeks appreciation of capital for the long run. The fund diversifies its portfolio by investing heavily in mid-cap companies. Notably, mid-cap companies are those that have market cap similar to those in the range of the Russell Midcap Value Index. Goldman Sachs Mid Cap Value Investor has one-year annualized returns of 1.7%.
As of September 2018, GCMTX held 111 issues, with 2.21% of its assets invested in Fidelity National Information Services Inc.
Goldman Sachs Large Cap Value Insights AGCVAX seeks long-term appreciation of capital and dividend income. GCVAX invests heavily in securities of large-cap companies, which have market capitalization within the range of the Russell 1000 Index. It invests in securities of domestic and foreign companies that are traded in the United States. The fund may also invest in fixed-income securities. Goldman Sachs Large Cap Value Insights A has returned 3.8% over the last one-year period.
GCVAX has an expense ratio of 0.95% as compared to the category average of 1.04%.
Goldman Sachs Small Cap Equity Insights Investor GDSTX seeks capital growth for the long run. The fund maintains a diverse portfolio by investing in equity securities of small-cap companies. GDSTX invests in both U.S. and non-U.S. companies. The fund focuses on those small-cap companies, whose market-cap is similar to those included on the Russell 2000 Index. Goldman Sachs Small Cap Equity Insights Investor has one-year annualized returns of 4.2%.
Len Ioffe is one of the fund managers of GDSTX since 2011.
To view the Zacks Rank and past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds .
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportGet Your Free (GCMTX): Fund Analysis ReportGet Your Free (GCVAX): Fund Analysis ReportGet Your Free (GDSTX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research