About GMCMX
The Goldman Sachs Multi-Strategy Alternatives Fund Class C is a mutual fund that seeks to achieve long-term capital growth by employing a blend of non-traditional and alternative investment strategies. Its primary objective is to generate returns that are less correlated with traditional asset classes, such as equities and bonds, making it a potential source of diversification within a broader portfolio. The fund achieves this by dynamically allocating its assets among fixed income, currencies, commodities, and other alternative instruments, often utilizing both long and short exposures and quantitative investment models to capture opportunities across global markets.
A notable feature of this fund is its systematic, macro-driven approach, designed to perform independently of typical stock and bond market cycles. The strategy includes the use of derivatives and, for commodities exposure, investments via a wholly owned subsidiary. This structure allows access to a broad multi-asset universe and flexible risk management tools. The fund is positioned within the multistrategy category and is intended for investors seeking alternative return drivers and additional diversification beyond traditional investments. Risk factors include market, credit, liquidity, and derivatives-related risks, reflecting the complex nature of its strategies.
Fund Family Goldman Sachs
Category Multistrategy
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GMCMX
Share Class Class C Shares
Index ICE BofA U.S. T-Bills 0-3 Months TR
GMCMX had a total return of 13.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.59%.
