About GIRMX
Goldman Sachs Emerging Markets Equity Fund is a diversified mutual fund focused on **equity investments in companies located in emerging market countries**. Its primary purpose is to seek long-term capital appreciation by allocating at least 80% of its net assets to stocks from markets such as Asia, Latin America, and other developing regions. The fund holds a broad portfolio, typically with over 120 individual holdings, and is known for its active management approach, aiming to identify growth opportunities in dynamic and rapidly evolving economies. Its sector mix often emphasizes technology, communication services, consumer cyclicals, and financials, with notable investments in companies like Taiwan Semiconductor Manufacturing Co., Tencent, and ICICI Bank. The fund plays a significant role in offering investors exposure to the growth potential and diversification benefits of emerging markets, which historically present higher volatility and risk compared to developed markets but offer attractive long-term growth prospects. Managed by an experienced team, the fund is suitable for those seeking access to global opportunities outside of developed economies.
Fund Family Goldman Sachs
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol GIRMX
Share Class Investor Shares
Index MSCI EM (Emerging Markets) NR USD
GIRMX had a total return of 9.22% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.09%.