About GIRMX
Goldman Sachs Emerging Markets Equity Fund is a diversified mutual fund that seeks long-term capital appreciation through equity investments in companies located in emerging market countries. Under normal market conditions, it invests at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of emerging country issuers, focusing predominantly on large-cap growth stocks. The fund maintains a diversified approach across regions such as Asia emerging markets, Latin America, Africa, the Middle East, and Europe emerging, with significant allocations to countries like China, India, Taiwan, and South Korea. Key sectors include financials, information technology, consumer discretionary, and communication services, reflected in top holdings like Taiwan Semiconductor Manufacturing, Tencent Holdings, and ICICI Bank. This Investor Class fund provides access to high-growth potential equities from developing economies, catering to investors interested in international diversification beyond developed markets. Managed by Goldman Sachs Asset Management, it emphasizes a bottom-up stock selection process within this dynamic asset class.
Fund Family Goldman Sachs
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GIRMX
Share Class Investor Shares
Index MSCI EM (Emerging Markets) NR USD
GIRMX had a total return of 29.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.49%.
