About GGOIX
Goldman Sachs Mid Cap Growth Fund Institutional Class is a mutual fund that targets long-term capital appreciation by primarily investing in U.S. equities, with a strong focus on mid-capitalization companies. The fund typically allocates at least 80% of its net assets to a diversified portfolio of mid-cap stocks, representing companies that are generally larger than small caps but smaller than large, established firms. This focus enables the fund to tap into growth potential from companies that may be in a rapid expansion phase or leading innovation within their sectors.
The fund spans multiple industries, including information technology, materials, health care, and consumer discretionary, allowing for broad sector exposure while seeking to capitalize on specific growth opportunities within the mid-cap universe. Mid-cap stocks can present greater volatility and risk compared to larger, more stable companies, but they also offer potential for meaningful returns as these businesses mature. The fund’s role in the market is to provide investors with access to the unique growth prospects of mid-cap enterprises, balancing sector diversification with disciplined investment management.
Fund Family Goldman Sachs
Category Mid-Cap Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GGOIX
Share Class Institutional
Index Russell MidCap Growth TR
GGOIX had a total return of 2.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.81%.
