Fund Evaluator:

Goldman Sachs Global Managed Beta Instl Overview

Goldman Sachs Global Managed Beta Instl (GGMBX) is an actively managed International Equity Global Large-Stock Blend fund. Goldman Sachs launched the fund in 2015.

The investment seeks to provide long-term capital growth.  . The fund primarily seeks to achieve its investment objective by investing in a diversified portfolio of global equity asset classes (the “Underlying Asset Classes”) that provide broad beta exposure to the global equity markets. It may invest in affiliated and unaffiliated exchange-traded funds (“ETFs”), futures and other instruments that provide economic exposures to the Underlying Asset Classes. The fund may also invest directly in equity securities, including real estate investment trusts (“REITs”).

About Goldman Sachs Global Managed Beta Instl (GGMBX)

There are 2 members of the management team with an average tenure of 5.42 years: Alexandra Wilson-Elizondo (2022), Siwen Wu (2019). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI IMI NR USD index with a weighting of 100% and MSCI ACWI IMI 50% non-US dev hdg NR USD index with a weighting of 100%. Goldman Sachs Global Managed Beta Instl has 1384 securities in its portfolio. The top 10 holdings constitute 85.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs Global Managed Beta Instl is part of the Equity global asset class and is within the International Equity fund group. Goldman Sachs Global Managed Beta Instl has 38.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.1%. There is 38.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs Global Managed Beta Instl has 8.1% of the portfolio in cash.

Assets Under Management

The fund has $4 billion in total assets, which is above the $1 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GGMBX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Goldman Sachs Global Managed Beta Instl expense ratio is below average compared to funds in the Global Large-Stock Blend category. Goldman Sachs Global Managed Beta Instl has an expense ratio of 0.37%, which is 65% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Goldman Sachs Global Managed Beta Instl has a portfolio turnover rate of 31%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, Goldman Sachs Global Managed Beta Instl returned -0.9%, which earned it a grade of D, as the Global Large-Stock Blend category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Goldman Sachs Global Managed Beta Instl has a trailing yield of 1.30%, which is above the 0.95% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Goldman Sachs Global Managed Beta Instl Grades

Year to date, the fund has returned 11.3%, 1.5 percentage points better than the category, which translates into a grade of B. The fund has returned 23.1% over the past year (grade of B), 17.2% over the past three years (grade of B) and 9.9% per year over the past five years (grade of C) and 12.2% per year over the past 10 years (grade of B).

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