About GCCIX
Goldman Sachs Commodity Strategy Fund Institutional Class is a mutual fund designed to offer institutional investors diversified exposure to global commodity markets. Its primary objective is to seek long-term total return by maintaining substantial economic exposure to a broad range of commodities, which can include grains, minerals, metals, livestock, energy products, cotton, and soft commodities such as coffee and cocoa. The fund achieves this exposure mainly through investments in commodity-linked derivative instruments and by investing in a wholly owned Cayman Islands subsidiary, Cayman Commodity CSF, Ltd., that facilitates efficient access to the commodities markets.
The fund’s portfolio is heavily concentrated, with the top holdings comprising nearly all portfolio assets, including significant allocations to U.S. Treasury bills and cash equivalents for liquidity and collateral purposes, as well as direct commodity investments via its subsidiary. As a member of the Commodities Broad Basket category, the fund allows investors to participate in the price movements of diverse commodity sectors, aiming to help diversify traditional equity and fixed income portfolios by offering an asset class that has historically shown low correlation to those markets. This makes the fund a significant vehicle for institutions seeking to manage commodity exposure and inflation risk over the long term.
Fund Family Goldman Sachs
Category Commodities Broad Basket
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GCCIX
Share Class Institutional Shares
Index Bloomberg Commodity TR
GCCIX had a total return of 21.79% in the past year, including dividends.
Since the fund's inception, the average annual return has been -3.76%.
