About GSMMX
Goldman Sachs Multi-Strategy Alternatives Fund Institutional Shares is a mutual fund designed to deliver long-term capital growth by investing across a diverse range of non-traditional and alternative asset classes. Its primary function is to provide returns that are less correlated with traditional equity and fixed income markets, making it an attractive option for institutional investors seeking portfolio diversification. The fund employs a multi-strategy approach, allocating capital dynamically among strategies such as fixed income, currencies, and commodities, with exposure structured to minimize long-term sensitivity to mainstream asset classes. Notable features include a relatively low expense ratio for its category, a low distribution fee level, and a high portfolio turnover rate, reflecting an active management style. As of the latest portfolio data, the fund’s largest holdings are in cash and equivalents, with significant positions in government and alternative assets, which can serve as a potential buffer against market volatility. Positioned within the 'multistrategy' category, the fund aims to generate differentiated, systematic returns and can play a critical role for investors seeking to complement traditional holdings with alternative investments.
Fund Family Goldman Sachs
Category Multistrategy
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GSMMX
Share Class Institutional Shares
Index ICE BofA U.S. T-Bills 0-3 Months TR
GSMMX had a total return of 11.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.85%.
