About GSCAX
Goldman Sachs Commodity Strategy Fund Class A is a mutual fund designed to offer investors substantial economic exposure to a broad range of commodities markets. Its primary objective is long-term total return, achieved by investing primarily in commodity-related derivative instruments, such as commodity futures and swaps, rather than holding physical commodities. The fund serves as a diversifier within traditional portfolios by providing access to the commodities asset class, which can help hedge against inflation and balance equity and bond risk. The portfolio is structured to maintain a high notional allocation to commodities, often using U.S. Treasury bills and cash equivalents as collateral while using derivatives to achieve exposure to sectors like energy, metals, agriculture, and livestock. This approach gives investors indirect participation in global commodity price movements without direct commodity ownership. Managed by Goldman Sachs Asset Management, the fund is notable for its alternative investment strategy and its role in providing diversified, commodities-based exposure to institutional and retail investors seeking to broaden their portfolio allocations beyond equities and fixed income.
Fund Family Goldman Sachs
Category Commodities Broad Basket
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GSCAX
Share Class Class A Shares
Index Bloomberg Commodity TR
GSCAX had a total return of 6.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.99%.
