Fund Evaluator:

Goldman Sachs Intl Sm Cp Insghts Inv Overview

Goldman Sachs Intl Sm Cp Insghts Inv (GIRLX) is an actively managed International Equity Foreign Small/Mid Blend fund. Goldman Sachs launched the fund in 2010.

The investment seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a broadly diversified portfolio of equity investments in small-cap non-U.S. issuers. The advisor uses a quantitative style of management in combination with a qualitative overlay that emphasizes fundamentally-based stock selection, careful portfolio construction and efficient implementation.

About Goldman Sachs Intl Sm Cp Insghts Inv (GIRLX)

There are 5 members of the management team with an average tenure of 10.44 years: Len Ioffe (2007), Osman Ali (2013), Dennis Walsh (2021), Takashi Suwabe (2013), Joseph Kogan (2024). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI EAFE IMI NR USD index with a weighting of 100% and MSCI EAFE Small Cap NR USD index with a weighting of 100%. Goldman Sachs Intl Sm Cp Insghts Inv has 429 securities in its portfolio. The top 10 holdings constitute 11.6% 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 Intl Sm Cp Insghts Inv is part of the Equity global asset class and is within the International Equity fund group. Goldman Sachs Intl Sm Cp Insghts Inv has 99.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 99.9% 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 Intl Sm Cp Insghts Inv has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $213 million in total assets, which is below the $543 million average for the Foreign Small/Mid 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.

GIRLX 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 Intl Sm Cp Insghts Inv expense ratio is high compared to funds in the Foreign Small/Mid Blend category. Goldman Sachs Intl Sm Cp Insghts Inv has an expense ratio of 0.96%, which is 16% lower than its category average, making the fund expense ratio grade a B. 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 Intl Sm Cp Insghts Inv has a portfolio turnover rate of 165%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 63% for the Foreign Small/Mid Blend category.

Recently, in the month of June 2026, Goldman Sachs Intl Sm Cp Insghts Inv returned -2.6%, which earned it a grade of C, as the Foreign Small/Mid Blend category had an average return of -2.4%. 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 Intl Sm Cp Insghts Inv has a trailing yield of 2.69%, which is below the 2.71% category average. The fund normally distributes its income annually 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 Intl Sm Cp Insghts Inv Grades

Year to date, the fund has returned 12.3%, 1.2 percentage points better than the category, which translates into a grade of B. The fund has returned 27.2% over the past year (grade of A), 22.3% over the past three years (grade of A) and 9.6% per year over the past five years (grade of A) and 10.3% per year over the past 10 years (grade of A).

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