About GMSAX
Goldman Sachs Managed Futures Strategy Fund Class A is an alternative mutual fund that seeks long‑term absolute return through a systematic, trend‑following approach across global markets. The strategy allocates dynamically to long and short positions in equities, fixed income, commodities, and currencies using futures, forwards, swaps, options, and related instruments to capture persistent price trends while aiming for low correlation to traditional stock and bond portfolios. The fund’s design emphasizes diversification across asset classes and regions, using a rules‑based process to adjust exposures as market conditions evolve. By targeting returns independent of broad market direction, it plays a role as a potential diversifier within multi‑asset allocations and is often used to help smooth portfolio volatility, particularly during equity drawdowns or shifting interest‑rate regimes. The vehicle typically maintains significant cash or cash equivalents to support derivatives margining and liquidity management, reflected in holdings that may include government money market instruments alongside futures positions. Launched in 2012 within the Goldman Sachs fund family, it sits in the systematic trend category, offering access to managed futures in a 1940 Act mutual fund format.
Fund Family Goldman Sachs
Category Systematic Trend
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GMSAX
Share Class Class A
Index Index is not available on Lipper Database
GMSAX had a total return of 15.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.56%.
