AN
INVESTMENT IN A FUND IS NOT A BANK DEPOSIT AND IS NOT INSURED BY THE
FEDERAL DEPOSIT
INSURANCE
CORPORATION OR ANY OTHER GOVERNMENT AGENCY. AN INVESTMENT IN A FUND
INVOLVES
INVESTMENT
RISKS, AND YOU MAY LOSE MONEY IN A
FUND. |
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the
lower
of original purchase price or sale proceeds)1
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
|
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
|
Service
Fees |
|
|
|
|
|
|
All
Other Expenses |
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
Expense
Limitation and Fee Waiver2 |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Expense
Limitation
and Fee Waiver |
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Returns
After Taxes on Distributions |
|
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Class
R Shares |
|
|
|
|
Returns |
|
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Russell
1000®
Growth Index (reflects no deduction for fees or
expenses) |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the
lower
of original purchase price or sale proceeds)1
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
|
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
|
Service
Fees |
|
|
|
|
|
|
All
Other Expenses |
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
Expense
Limitation2 |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Expense
Limitation |
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Returns
After Taxes on Distributions |
|
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Class
R Shares |
|
|
|
|
Returns |
|
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
S&P
500®
Index (Total Return, Unhedged, USD) (reflects no deduction for fees or
expenses) |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on
Purchases
(as a percentage of offering price) |
|
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a
percentage
of the lower of original purchase
price
or sale proceeds)1 |
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
|
|
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
|
|
Service
Fees |
|
|
|
|
|
|
|
Shareholder
Administration Fees |
|
|
|
|
|
|
|
All
Other Expenses |
|
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
|
Expense
Limitation and Fee Waiver2 |
( |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After
Expense
Limitation and Fee Waiver |
|
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Service
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Returns
After Taxes on Distributions |
|
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Service
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Class
R Shares |
|
|
|
|
Returns |
|
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Russell
1000®
Index (reflects no deduction for fees or expenses) |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on
Purchases
(as a percentage of offering price) |
|
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a
percentage
of the lower of original purchase
price
or sale proceeds)1
|
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
|
|
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
|
|
Service
Fees |
|
|
|
|
|
|
|
Shareholder
Administration Fees |
|
|
|
|
|
|
|
All
Other Expenses |
|
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
|
Expense
Limitation and Fee Waiver2 |
( |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After
Expense
Limitation and Fee Waiver |
|
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Service
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Returns
After Taxes on Distributions |
|
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Service
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Class
R Shares |
|
|
|
|
Returns |
|
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Russell
1000®
Growth Index (reflects no deduction for fees or
expenses) |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the
lower
of original purchase price or sale proceeds)1
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
|
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
|
|
Other
Expenses2 |
|
|
|
|
|
|
Service
Fees |
|
|
|
|
|
|
All
Other Expenses |
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
Expense
Limitation3 |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Expense
Limitation |
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Returns
After Taxes on Distributions |
|
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
Class
R Shares |
|
|
|
|
Returns |
|
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
|
|
|
|
S&P
500®
Index (reflects no deduction for fees or expenses) |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
INVESTMENT
OBJECTIVE |
PRINCIPAL
INVESTMENT STRATEGIES |
ADDITIONAL
FEES AND EXPENSES INFORMATION |
ADDITIONAL
PERFORMANCE INFORMATION |
OTHER
INVESTMENT PRACTICES AND
SECURITIES |
10
Percent of total assets (including securities lending collateral) (italic
type)
10 Percent
of net assets (excluding borrowings for investment purposes) (roman
type)
• No
specific percentage limitation on usage; limited only by the objectives
and strategies of the Fund
— Not
permitted |
Concentrated
Growth
Fund |
Flexible
Cap
Fund |
Large
Cap Core
Fund |
Strategic
Growth
Fund |
U.S.
Equity ESG
Fund |
|
Investment
Practices |
|
|
|
|
|
|
Borrowings |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
|
Credit,
Currency, Index, Interest Rate, Total Return and Mortgage Swaps and
Options
on Swaps |
— |
• |
— |
— |
— |
|
Cross
Hedging of Currencies |
• |
• |
• |
— |
— |
|
Custodial
Receipts and Trust Certificates |
• |
• |
• |
• |
• |
|
Equity
Swaps |
• |
• |
• |
— |
— |
|
Foreign
Currency Transactions (including forward contracts)* |
• |
• |
• |
• |
• |
|
Futures
Contracts and Options and Swaps on Futures Contracts |
• |
• |
• |
• |
• |
|
Illiquid
Investments** |
15 |
15 |
15 |
15 |
15 |
|
Investment
Company Securities (including ETFs)1
|
10 |
10 |
10 |
10 |
10 |
|
Options
on Foreign Currencies2
|
• |
• |
• |
• |
— |
|
Options3
|
• |
• |
• |
• |
— |
|
Preferred
Stock, Warrants and Stock Purchase Rights |
• |
• |
• |
• |
• |
|
Repurchase
Agreements |
• |
• |
• |
• |
• |
|
Securities
Lending |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
|
Short
Sales Against the Box |
25 |
25 |
25 |
25 |
— |
|
Unseasoned
Companies |
• |
• |
• |
• |
• |
|
When-Issued
Securities and Forward Commitments |
• |
• |
• |
• |
• |
|
10 Percent
of total assets (italic type)
10 Percent
of net assets (including borrowings for investment purposes) (roman
type)
• No
specific percentage limitation on usage; limited only by the objectives
and strategies of the Fund
— Not
permitted |
Concentrated
Growth
Fund |
Flexible
Cap
Fund |
Large
Cap Core
Fund |
Strategic
Growth
Fund |
U.S.
Equity ESG
Fund |
|
Investment
Securities |
|
|
|
|
|
|
American,
European and Global Depositary Receipts |
• |
• |
• |
• |
• |
|
Asset-Backed
and Mortgage-Backed Securities4
|
• |
• |
• |
• |
— |
|
Bank
Obligations4
|
• |
• |
• |
• |
• |
|
Convertible
Securities5
|
• |
• |
• |
• |
• |
|
Corporate
Debt Obligations4
|
• |
• |
• |
• |
• |
|
Equity
Investments |
90+ |
80+ |
80+ |
90+ |
80+ |
|
Emerging
Country Securities6 |
10 |
25 |
10 |
10 |
— |
|
Fixed
Income Securities7 |
10 |
20 |
10 |
10 |
20 |
|
Foreign
Securities6
|
25 |
25 |
25 |
25 |
20 |
|
Initial
Public Offerings (“IPOs”) |
• |
• |
• |
• |
• |
|
Master
Limited Partnerships |
• |
• |
• |
• |
• |
|
Non-Investment
Grade Fixed Income Securities8 |
— |
10 |
10 |
10 |
— |
|
Pre-IPO
Investments (including late-stage private equity
securities) |
— |
• |
— |
— |
— |
|
Private
Investments in
Public
Equity (“PIPEs”) |
• |
• |
• |
• |
• |
|
Real
Estate Investment Trusts (“REITs”) |
• |
• |
• |
• |
• |
|
Special
Purpose Acquisition Companies (“SPACs”) |
• |
• |
• |
• |
• |
|
Structured
Securities (which may include equity linked notes)9
|
• |
• |
• |
• |
• |
|
Temporary
Investments |
• |
• |
• |
• |
• |
|
U.S.
Government Securities4
|
• |
• |
• |
• |
• |
|
✓ Principal
Risk
• Additional
Risk |
Concentrated
Growth
Fund |
Flexible
Cap
Fund |
Large
Cap Core Fund |
Strategic
Growth
Fund |
U.S.
Equity ESG
Fund |
Credit/Default |
• |
• |
• |
• |
• |
Cybersecurity |
• |
• |
• |
• |
• |
Derivatives |
• |
• |
• |
• |
• |
Emerging
Countries |
✓ |
✓ |
✓ |
✓ |
|
ESG
Integration |
• |
• |
• |
• |
|
ESG
Standards |
|
|
|
|
✓ |
Foreign |
✓ |
✓ |
✓ |
✓ |
• |
Geographic |
• |
• |
• |
• |
• |
Initial
Public Offering (“IPO”) |
• |
• |
• |
• |
• |
Interest
Rate |
• |
• |
• |
• |
• |
Investment
Style |
✓ |
✓ |
✓ |
✓ |
✓ |
Issuer
Concentration |
✓ |
|
|
|
✓ |
Large
Shareholder Transactions |
✓ |
✓ |
✓ |
✓ |
✓ |
Liquidity |
• |
• |
• |
• |
• |
Management |
• |
• |
• |
• |
• |
Market |
✓ |
✓ |
✓ |
✓ |
✓ |
Master
Limited Partnerships |
• |
• |
• |
• |
• |
Mid-Cap
and Small-Cap |
✓ |
✓ |
• |
• |
• |
NAV |
• |
• |
• |
• |
• |
Non-Diversification |
|
|
|
✓ |
|
Non-Investment
Grade Fixed Income Securities |
|
• |
• |
• |
|
Pre-IPO
Investments |
|
• |
|
|
|
Private
Investments in Public Equity (“PIPEs”) |
• |
• |
• |
• |
• |
Sector |
✓ |
|
|
✓ |
|
Special
Purpose Acquisition Companies (“SPACs”) |
• |
• |
• |
• |
• |
Stock |
✓ |
✓ |
✓ |
✓ |
✓ |
U.S.
Government Securities |
• |
• |
• |
• |
• |
INVESTMENT
ADVISER |
Investment
Adviser |
Fund |
Goldman
Sachs Asset Management, L.P. (“GSAM”)
200
West Street
New
York, NY 10282 |
Concentrated
Growth
Flexible
Cap
Large
Cap Core
Strategic
Growth
U.S.
Equity ESG |
MANAGEMENT
FEES AND OTHER EXPENSES |
Fund |
Contractual
Management
Fee
Annual
Rate |
Average
Daily
Net
Assets |
Actual
Rate
For
the Fiscal
Year
Ended
August
31, 2022* |
Concentrated
Growth |
0.76% |
First $1
Billion |
0.76% |
|
0.68% |
Next $1
Billion |
|
|
0.65% |
Next $3
Billion |
|
|
0.64% |
Next $3
Billion |
|
|
0.62% |
Over $8
Billion |
|
Flexible
Cap |
0.55% |
First $1
Billion |
0.55% |
|
0.50% |
Next $1
Billion |
|
|
0.47% |
Next $3
Billion |
|
|
0.46% |
Next $3
Billion |
|
|
0.45% |
Over $8
Billion |
|
Large
Cap Core |
0.71% |
First $1
Billion |
0.67% |
|
0.64% |
Next $1
Billion |
|
|
0.61% |
Over $2
Billion |
|
Strategic
Growth |
0.71% |
First $1
Billion |
0.71% |
|
0.64% |
Next $1
Billion |
|
|
0.61% |
Next $3
Billion |
|
|
0.59% |
Next $3
Billion |
|
|
0.58% |
Over $8
Billion |
|
U.S.
Equity ESG |
0.55% |
First $1
Billion |
0.55% |
|
0.50% |
Next $1
Billion |
|
|
0.47% |
Next $3
Billion |
|
|
0.46% |
Next $3
Billion |
|
|
0.45% |
Over $8
Billion |
|
FUND
MANAGERS |
Name
and Title |
Fund
Responsibility |
Years
Primarily
Responsible |
Five
Year Employment History |
Steven
M. Barry
Managing
Director
Co-Chief
Investment Officer,
Fundamental
Equity U.S. Equity |
Portfolio
Manager—
Concentrated
Growth
Flexible
Cap
Large
Cap Core
Strategic
Growth
U.S.
Equity ESG |
Since
2000
2002
2008
2000
2020 |
Mr.
Barry joined the Investment Adviser as a portfolio manager in
1999.
He is Managing Director and Co-Chief Investment Officer of
Fundamental
Equity U.S. Equity. |
Stephen
E. Becker, CFA
Managing
Director
Co-Chief
Investment
Officer,
Fundamental
Equity
U.S. Equity |
Portfolio
Manager—
Concentrated
Growth
Large
Cap Core
Strategic
Growth
U.S.
Equity ESG |
Since
2013
2013
2013
2020 |
Mr.
Becker joined the Investment Adviser in 1999. He is Managing
Director
and Co-Chief Investment Officer of Fundamental Equity
U.S.
Equity. |
Kevin
Martens
Vice
President
Portfolio
Manager |
Portfolio
Manager—
U.S.
Equity ESG |
Since
2020 |
Mr.
Martens joined the Investment Adviser in 2015. He is a portfolio
manager
on the GSAM US Equity ESG Strategy, as well as a
portfolio
manager on the US Equity Team where he has broad
research
responsibilities for the Industrials sector across the US
Large-
and Mid-Cap Equity
strategies. |
DISTRIBUTOR
AND TRANSFER AGENT |
ACTIVITIES
OF GOLDMAN SACHS AND ITS AFFILIATES AND OTHER
ACCOUNTS
MANAGED BY GOLDMAN SACHS |
How
To Buy Shares |
|
Initial |
Additional* |
Regular
Accounts |
$1,000 |
$50 |
Employee
Benefit Plans |
No
Minimum |
No
Minimum |
Uniform
Gift/Transfer to Minors Accounts (UGMA/UTMA) |
$250 |
$50 |
Individual
Retirement Accounts and Coverdell ESAs |
$250 |
$50 |
Automatic
Investment Plan Accounts |
$250 |
$50 |
NAV
= |
(Value
of Assets of the Class)
–
(Liabilities of the Class) |
|
Number
of Outstanding Shares of the
Class |
Common
Questions Applicable to the Purchase of
Class
A Shares |
Amount
of Purchase
(including
sales charge, if any) |
Sales
Charge as
Percentage
of
Offering
Price |
Sales
Charge
as
Percentage
of
Net Amount
Invested |
Maximum
Dealer
Allowance
as
Percentage
of
Offering
Price* |
Less
than $50,000 |
5.50% |
5.82% |
5.00% |
$50,000
up to (but less than) $100,000 |
4.75 |
4.99 |
4.00 |
$100,000
up to (but less than) $250,000 |
3.75 |
3.90 |
3.00 |
$250,000
up to (but less than) $500,000 |
2.75 |
2.83 |
2.25 |
$500,000
up to (but less than) $1 million |
2.00 |
2.04 |
1.75 |
$1
million or more |
0.00** |
0.00** |
*** |
Common
Questions Applicable to the Purchase Of Class C
Shares |
Common
Questions Applicable to the Purchase Of
Class
A and C Shares |
How
To Sell Shares |
Shareholder
Services |
Distribution
and Service Fees |
Class
C Personal And Account Maintenance
Services
And Fees |
Service
Shares Service Plan And Shareholder
Administration
Plan |
Restrictions
on Excessive Trading
Practices |
DISTRIBUTIONS |
SALES
AND EXCHANGES |
OTHER
INFORMATION |
A. General
Portfolio Risks |
B.
Other Portfolio Risks |
C.
Portfolio Securities and
Techniques |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$27.55 |
$22.91 |
$17.55 |
$19.33 |
$17.62 |
Net
investment loss(a) |
(0.14) |
(0.15) |
(0.08) |
(0.03) |
(0.01) |
Net
realized and unrealized gain (loss) |
(5.96) |
6.24 |
6.92 |
0.35 |
3.82 |
Total
from investment operations |
(6.10) |
6.09 |
6.84 |
0.32 |
3.81 |
Distributions
to shareholders from net investment income |
— |
— |
— |
— |
—(b) |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Total
distributions |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Net
asset value, end of year |
$16.72 |
$27.55 |
$22.91 |
$17.55 |
$19.33 |
Total
Return(c) |
(26.54)% |
28.17% |
41.52% |
3.58% |
23.68% |
Net
assets, end of year (in 000’s) |
$7,778 |
$11,575 |
$9,302 |
$6,735 |
$5,633 |
Ratio
of net expenses to average net assets |
1.10% |
1.11% |
1.16% |
1.16% |
1.17% |
Ratio
of total expenses to average net assets |
1.31% |
1.32% |
1.37% |
1.45% |
1.51% |
Ratio
of net investment loss to average net assets |
(0.66)% |
(0.63)% |
(0.44)% |
(0.18)% |
(0.05)% |
Portfolio
turnover rate(d) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$20.54 |
$17.56 |
$13.87 |
$15.88 |
$14.93 |
Net
investment loss(a) |
(0.21) |
(0.24) |
(0.17) |
(0.13) |
(0.12) |
Net
realized and unrealized gain (loss) |
(4.13) |
4.67 |
5.34 |
0.22 |
3.17 |
Total
from investment operations |
(4.34) |
4.43 |
5.17 |
0.09 |
3.05 |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Net
asset value, end of year |
$11.47 |
$20.54 |
$17.56 |
$13.87 |
$15.88 |
Total
Return(b) |
(27.13)% |
27.24% |
40.47% |
2.81% |
22.74% |
Net
assets, end of year (in 000’s) |
$570 |
$1,008 |
$1,162 |
$823 |
$2,137 |
Ratio
of net expenses to average net assets |
1.85% |
1.86% |
1.91% |
1.91% |
1.92% |
Ratio
of total expenses to average net assets |
2.06% |
2.07% |
2.10% |
2.21% |
2.26% |
Ratio
of net investment loss to average net assets |
(1.42)% |
(1.38)% |
(1.23)% |
(0.98)% |
(0.80)% |
Portfolio
turnover rate(c) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$30.22 |
$24.92 |
$18.93 |
$20.61 |
$18.65 |
Net
investment income (loss)(a) |
(0.09) |
(0.08) |
(0.01) |
0.03 |
0.06 |
Net
realized and unrealized gain (loss) |
(6.66) |
6.83 |
7.50 |
0.41 |
4.07 |
Total
from investment operations |
(6.75) |
6.75 |
7.49 |
0.44 |
4.13 |
Distributions
to shareholders from net investment income |
— |
— |
(0.02) |
(0.02) |
(0.07) |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Total
distributions |
(4.73) |
(1.45) |
(1.50) |
(2.12) |
(2.17) |
Net
asset value, end of year |
$18.74 |
$30.22 |
$24.92 |
$18.93 |
$20.61 |
Total
Return(b) |
(26.32)% |
28.56% |
41.98% |
3.98% |
24.13% |
Net
assets, end of year (in 000’s) |
$9,676 |
$16,789 |
$13,744 |
$12,497 |
$15,286 |
Ratio
of net expenses to average net assets |
0.80% |
0.80% |
0.81% |
0.80% |
0.81% |
Ratio
of total expenses to average net assets |
0.94% |
0.95% |
1.01% |
1.07% |
1.20% |
Ratio
of net investment income (loss) to average net
assets |
(0.37)% |
(0.32)% |
(0.07)% |
0.17% |
0.31% |
Portfolio
turnover rate(c) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$28.33 |
$23.46 |
$17.90 |
$19.66 |
$17.88 |
Net
investment income (loss)(a) |
(0.09) |
(0.09) |
(0.03) |
0.01 |
0.03 |
Net
realized and unrealized gain (loss) |
(6.17) |
6.41 |
7.07 |
0.36 |
3.88 |
Total
from investment operations |
(6.26) |
6.32 |
7.04 |
0.37 |
3.91 |
Distributions
to shareholders from net investment income |
— |
— |
—(b) |
(0.03) |
(0.03) |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Total
distributions |
(4.73) |
(1.45) |
(1.48) |
(2.13) |
(2.13) |
Net
asset value, end of year |
$17.34 |
$28.33 |
$23.46 |
$17.90 |
$19.66 |
Total
Return(c) |
(26.35)% |
28.50% |
41.87% |
3.83% |
23.94% |
Net
assets, end of year (in 000’s) |
$163 |
$296 |
$189 |
$133 |
$463 |
Ratio
of net expenses to average net assets |
0.85% |
0.86% |
0.91% |
0.91% |
0.92% |
Ratio
of total expenses to average net assets |
1.06% |
1.07% |
1.11% |
1.22% |
1.26% |
Ratio
of net investment income (loss) to average net
assets |
(0.42)% |
(0.39)% |
(0.18)% |
0.03% |
0.17% |
Portfolio
turnover rate(d) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$30.15 |
$24.86 |
$18.88 |
$20.60 |
$18.65 |
Net
investment income (loss)(a) |
(0.09) |
(0.08) |
(0.01) |
0.04 |
0.06 |
Net
realized and unrealized gain (loss) |
(6.64) |
6.82 |
7.49 |
0.39 |
4.06 |
Total
from investment operations |
(6.73) |
6.74 |
7.48 |
0.43 |
4.12 |
Distributions
to shareholders from net investment income |
— |
— |
(0.02) |
(0.05) |
(0.07) |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Total
distributions |
(4.73) |
(1.45) |
(1.50) |
(2.15) |
(2.17) |
Net
asset value, end of year |
$18.69 |
$30.15 |
$24.86 |
$18.88 |
$20.60 |
Total
Return(b) |
(26.31)% |
28.59% |
42.05% |
4.00% |
24.09% |
Net
assets, end of year (in 000’s) |
$780 |
$1,497 |
$806 |
$538 |
$99 |
Ratio
of net expenses to average net assets |
0.79% |
0.79% |
0.80% |
0.79% |
0.80% |
Ratio
of total expenses to average net assets |
0.93% |
0.94% |
0.98% |
1.04% |
1.09% |
Ratio
of net investment income (loss) to average net
assets |
(0.36)% |
(0.30)% |
(0.07)% |
0.22% |
0.34% |
Portfolio
turnover rate(c) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Concentrated
Growth
Fund | ||||
|
Class
R Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$26.11 |
$21.84 |
$16.84 |
$18.68 |
$17.13 |
Net
investment loss(a) |
(0.18) |
(0.20) |
(0.12) |
(0.07) |
(0.05) |
Net
realized and unrealized gain |
(5.58) |
5.92 |
6.60 |
0.33 |
3.70 |
Total
from investment operations |
(5.76) |
5.72 |
6.48 |
0.26 |
3.65 |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
(2.10) |
Net
asset value, end of year |
$15.62 |
$26.11 |
$21.84 |
$16.84 |
$18.68 |
Total
Return(b) |
(26.72)% |
27.84% |
41.12% |
3.36% |
23.37% |
Net
assets, end of year (in 000’s) |
$31 |
$42 |
$33 |
$36 |
$34 |
Ratio
of net expenses to average net assets |
1.35% |
1.36% |
1.41% |
1.41% |
1.42% |
Ratio
of total expenses to average net assets |
1.56% |
1.57% |
1.66% |
1.70% |
1.75% |
Ratio
of net investment loss to average net assets |
(0.91)% |
(0.88)% |
(0.69)% |
(0.43)% |
(0.29)% |
Portfolio
turnover rate(c) |
29% |
37% |
36% |
40% |
44% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$16.94 |
$13.78 |
$11.93 |
$12.66 |
$14.09 |
Net
investment income(a) |
0.06 |
0.03 |
0.07 |
0.09 |
0.09 |
Net
realized and unrealized gain (loss) |
(1.85) |
3.93 |
2.48 |
0.15 |
2.17 |
Total
from investment operations |
(1.79) |
3.96 |
2.55 |
0.24 |
2.26 |
Distributions
to shareholders from net investment income |
(0.03) |
(0.06) |
(0.08) |
(0.10) |
(0.01) |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.06) |
(0.80) |
(0.70) |
(0.97) |
(3.69) |
Net
asset value, end of year |
$14.09 |
$16.94 |
$13.78 |
$11.93 |
$12.66 |
Total
Return(b) |
(11.46)% |
30.12% |
22.18% |
3.07% |
18.82% |
Net
assets, end of year (in 000’s) |
$6,820 |
$7,359 |
$5,843 |
$5,383 |
$5,490 |
Ratio
of net expenses to average net assets |
0.96% |
0.96% |
1.00% |
0.97% |
0.95% |
Ratio
of total expenses to average net assets |
1.60% |
2.00% |
2.47% |
2.88% |
2.47% |
Ratio
of net investment income to average net assets |
0.37% |
0.21% |
0.58% |
0.74% |
0.73% |
Portfolio
turnover rate(c) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$14.17 |
$11.67 |
$10.23 |
$11.00 |
$12.75 |
Net
investment loss(a) |
(0.05) |
(0.07) |
(0.02) |
—(b) |
—(b) |
Net
realized and unrealized gain (loss) |
(1.52) |
3.31 |
2.10 |
0.13 |
1.93 |
Total
from investment operations |
(1.57) |
3.24 |
2.08 |
0.13 |
1.93 |
Distributions
to shareholders from net investment income |
— |
— |
(0.02) |
(0.03) |
— |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.03) |
(0.74) |
(0.64) |
(0.90) |
(3.68) |
Net
asset value, end of year |
$11.57 |
$14.17 |
$11.67 |
$10.23 |
$11.00 |
Total
Return(c) |
(12.07)% |
29.19% |
21.16% |
2.30% |
18.00% |
Net
assets, end of year (in 000’s) |
$890 |
$1,354 |
$1,516 |
$1,288 |
$1,304 |
Ratio
of net expenses to average net assets |
1.71% |
1.71% |
1.75% |
1.72% |
1.70% |
Ratio
of total expenses to average net assets |
2.35% |
2.76% |
3.19% |
3.63% |
3.20% |
Ratio
of net investment loss to average net assets |
(0.39)% |
(0.54)% |
(0.16)% |
0.00%(d) |
(0.02)% |
Portfolio
turnover rate(e) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$18.56 |
$15.01 |
$12.94 |
$13.61 |
$14.88 |
Net
investment income(a) |
0.13 |
0.09 |
0.12 |
0.13 |
0.14 |
Net
realized and unrealized gain (loss) |
(2.04) |
4.31 |
2.70 |
0.19 |
2.33 |
Total
from investment operations |
(1.91) |
4.40 |
2.82 |
0.32 |
2.47 |
Distributions
to shareholders from net investment income |
(0.09) |
(0.11) |
(0.13) |
(0.12) |
(0.06) |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.12) |
(0.85) |
(0.75) |
(0.99) |
(3.74) |
Net
asset value, end of year |
$15.53 |
$18.56 |
$15.01 |
$12.94 |
$13.61 |
Total
Return(b) |
(11.10)% |
30.62% |
22.53% |
3.47% |
19.29% |
Net
assets, end of year (in 000’s) |
$8,832 |
$4,514 |
$594 |
$587 |
$1,633 |
Ratio
of net expenses to average net assets |
0.59% |
0.59% |
0.62% |
0.59% |
0.59% |
Ratio
of total expenses to average net assets |
1.24% |
1.46% |
2.11% |
2.41% |
2.01% |
Ratio
of net investment income to average net assets |
0.78% |
0.54% |
0.95% |
1.08% |
1.04% |
Portfolio
turnover rate(c) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$18.09 |
$14.66 |
$12.65 |
$13.35 |
$14.63 |
Net
investment income(a) |
0.14 |
0.07 |
0.10 |
0.12 |
0.12 |
Net
realized and unrealized gain (loss) |
(2.01) |
4.19 |
2.64 |
0.18 |
2.28 |
Total
from investment operations |
(1.87) |
4.26 |
2.74 |
0.30 |
2.40 |
Distributions
to shareholders from net investment income |
(0.07) |
(0.09) |
(0.11) |
(0.13) |
— |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.10) |
(0.83) |
(0.73) |
(1.00) |
(3.68) |
Net
asset value, end of year |
$15.12 |
$18.09 |
$14.66 |
$12.65 |
$13.35 |
Total
Return(b) |
(11.21)% |
30.39% |
22.43% |
3.40% |
19.08% |
Net
assets, end of year (in 000’s) |
$66 |
$52 |
$38 |
$70 |
$68 |
Ratio
of net expenses to average net assets |
0.71% |
0.71% |
0.76% |
0.72% |
0.70% |
Ratio
of total expenses to average net assets |
1.42% |
1.74% |
2.66% |
2.63% |
2.08% |
Ratio
of net investment income to average net assets |
0.91% |
0.46% |
0.78% |
0.99% |
0.88% |
Portfolio
turnover rate(c) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$18.52 |
$14.98 |
$12.91 |
$13.61 |
$14.88 |
Net
investment income(a) |
0.15 |
0.10 |
0.13 |
0.14 |
0.15 |
Net
realized and unrealized gain (loss) |
(2.05) |
4.29 |
2.69 |
0.18 |
2.32 |
Total
from investment operations |
(1.90) |
4.39 |
2.82 |
0.32 |
2.47 |
Distributions
to shareholders from net investment income |
(0.09) |
(0.11) |
(0.13) |
(0.15) |
(0.06) |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.12) |
(0.85) |
(0.75) |
(1.02) |
(3.74) |
Net
asset value, end of year |
$15.50 |
$18.52 |
$14.98 |
$12.91 |
$13.61 |
Total
Return(b) |
(11.12)% |
30.64% |
22.60% |
3.47% |
19.27% |
Net
assets, end of year (in 000’s) |
$2,061 |
$334 |
$226 |
$202 |
$14 |
Ratio
of net expenses to average net assets |
0.58% |
0.58% |
0.61% |
0.59% |
0.58% |
Ratio
of total expenses to average net assets |
1.26% |
1.61% |
2.10% |
2.59% |
2.09% |
Ratio
of net investment income to average net assets |
0.92% |
0.59% |
0.96% |
1.17% |
1.11% |
Portfolio
turnover rate(c) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Flexible Cap Fund | ||||
|
Class
R Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$16.08 |
$13.13 |
$11.40 |
$12.14 |
$13.67 |
Net
investment income (loss)(a) |
—(b) |
(0.01) |
0.04 |
0.05 |
0.06 |
Net
realized and unrealized gain (loss) |
(1.73) |
3.74 |
2.36 |
0.16 |
2.09 |
Total
from investment operations |
(1.73) |
3.73 |
2.40 |
0.21 |
2.15 |
Distributions
to shareholders from net investment income |
— |
(0.04) |
(0.05) |
(0.08) |
— |
Distributions
to shareholders from net realized gains |
(1.03) |
(0.74) |
(0.62) |
(0.87) |
(3.68) |
Total
distributions |
(1.03) |
(0.78) |
(0.67) |
(0.95) |
(3.68) |
Net
asset value, end of year |
$13.32 |
$16.08 |
$13.13 |
$11.40 |
$12.14 |
Total
Return(c) |
(11.68)% |
29.78% |
21.78% |
2.89% |
18.50% |
Net
assets, end of year (in 000’s) |
$10 |
$46 |
$49 |
$39 |
$49 |
Ratio
of net expenses to average net assets |
1.21% |
1.21% |
1.25% |
1.22% |
1.20% |
Ratio
of total expenses to average net assets |
1.89% |
2.23% |
2.63% |
3.13% |
2.74% |
Ratio
of net investment income (loss) to average net
assets |
0.01% |
(0.04)% |
0.33% |
0.49% |
0.48% |
Portfolio
turnover rate(d) |
49% |
43% |
69% |
50% |
157% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$34.35 |
$26.94 |
$22.93 |
$32.46 |
$28.92 |
Net
investment income (loss)(a) |
0.04 |
(0.05) |
0.05 |
0.08 |
0.02 |
Net
realized and unrealized gain (loss) |
(4.79) |
8.52 |
4.93 |
(0.28) |
6.01 |
Total
from investment operations |
(4.75) |
8.47 |
4.98 |
(0.20) |
6.03 |
Distributions
to shareholders from net investment income |
— |
(0.06) |
(0.08) |
—(b) |
(0.02) |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.06) |
(0.97) |
(9.33) |
(2.49) |
Net
asset value, end of year |
$26.18 |
$34.35 |
$26.94 |
$22.93 |
$32.46 |
Total
Return(c) |
(15.37)% |
32.38% |
22.26% |
3.72% |
22.01% |
Net
assets, end of year (in 000’s) |
$756,801 |
$961,786 |
$776,919 |
$708,827 |
$745,362 |
Ratio
of net expenses to average net assets |
1.07% |
1.11% |
1.14% |
1.14% |
1.14% |
Ratio
of total expenses to average net assets |
1.15% |
1.17% |
1.22% |
1.22% |
1.31% |
Ratio
of net investment income (loss) to average net
assets |
0.14% |
(0.17)% |
0.23% |
0.36% |
0.06% |
Portfolio
turnover rate(d) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$19.86 |
$16.05 |
$14.05 |
$24.01 |
$22.13 |
Net
investment loss(a) |
(0.10) |
(0.16) |
(0.06) |
(0.07) |
(0.16) |
Net
realized and unrealized gain (loss) |
(2.53) |
4.97 |
2.95 |
(0.56) |
4.51 |
Total
from investment operations |
(2.63) |
4.81 |
2.89 |
(0.63) |
4.35 |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Net
asset value, end of year |
$13.81 |
$19.86 |
$16.05 |
$14.05 |
$24.01 |
Total
Return(b) |
(16.04)% |
31.41% |
21.37% |
3.01% |
21.11% |
Net
assets, end of year (in 000’s) |
$16,518 |
$21,144 |
$16,596 |
$18,674 |
$65,983 |
Ratio
of net expenses to average net assets |
1.82% |
1.86% |
1.89% |
1.89% |
1.89% |
Ratio
of total expenses to average net assets |
1.90% |
1.92% |
1.97% |
1.97% |
2.06% |
Ratio
of net investment loss to average net assets |
(0.61)% |
(0.92)% |
(0.45)% |
(0.41)% |
(0.70)% |
Portfolio
turnover rate(c) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$40.01 |
$31.19 |
$26.39 |
$35.76 |
$31.60 |
Net
investment income(a) |
0.17 |
0.07 |
0.16 |
0.20 |
0.13 |
Net
realized and unrealized gain (loss) |
(5.67) |
9.90 |
5.70 |
(0.17) |
6.62 |
Total
from investment operations |
(5.50) |
9.97 |
5.86 |
0.03 |
6.75 |
Distributions
to shareholders from net investment income |
— |
(0.15) |
(0.17) |
(0.07) |
(0.12) |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.15) |
(1.06) |
(9.40) |
(2.59) |
Net
asset value, end of year |
$31.09 |
$40.01 |
$31.19 |
$26.39 |
$35.76 |
Total
Return(b) |
(15.08)% |
32.86% |
22.71% |
4.14% |
22.50% |
Net
assets, end of year (in 000’s) |
$93,741 |
$118,823 |
$64,708 |
$60,169 |
$77,293 |
Ratio
of net expenses to average net assets |
0.72% |
0.74% |
0.76% |
0.75% |
0.75% |
Ratio
of total expenses to average net assets |
0.78% |
0.80% |
0.84% |
0.83% |
0.93% |
Ratio
of net investment income to average net assets |
0.49% |
0.20% |
0.58% |
0.74% |
0.40% |
Portfolio
turnover rate(c) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Service
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$32.41 |
$25.46 |
$21.73 |
$31.33 |
$28.00 |
Net
investment income (loss)(a) |
(0.03) |
(0.08) |
0.03 |
0.06 |
(0.01) |
Net
realized and unrealized gain (loss) |
(4.45) |
8.04 |
4.66 |
(0.33) |
5.81 |
Total
from investment operations |
(4.48) |
7.96 |
4.69 |
(0.27) |
5.80 |
Distributions
to shareholders from net investment income |
— |
(0.01) |
(0.07) |
— |
— |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.01) |
(0.96) |
(9.33) |
(2.47) |
Net
asset value, end of year |
$24.51 |
$32.41 |
$25.46 |
$21.73 |
$31.33 |
Total
Return(b) |
(15.50)% |
32.21% |
22.12% |
3.57% |
21.91% |
Net
assets, end of year (in 000’s) |
$486 |
$2,151 |
$1,814 |
$1,546 |
$1,802 |
Ratio
of net expenses to average net assets |
1.23% |
1.24% |
1.26% |
1.25% |
1.25% |
Ratio
of total expenses to average net assets |
1.28% |
1.30% |
1.34% |
1.33% |
1.41% |
Ratio
of net investment income (loss) to average net
assets |
(0.11)% |
(0.30)% |
0.13% |
0.25% |
(0.04)% |
Portfolio
turnover rate(c) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$35.18 |
$27.56 |
$23.43 |
$32.94 |
$29.31 |
Net
investment income(a) |
0.13 |
0.02 |
0.11 |
0.15 |
0.09 |
Net
realized and unrealized gain (loss) |
(4.93) |
8.73 |
5.05 |
(0.28) |
6.11 |
Total
from investment operations |
(4.80) |
8.75 |
5.16 |
(0.13) |
6.20 |
Distributions
to shareholders from net investment income |
— |
(0.13) |
(0.14) |
(0.05) |
(0.10) |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.13) |
(1.03) |
(9.38) |
(2.57) |
Net
asset value, end of year |
$26.96 |
$35.18 |
$27.56 |
$23.43 |
$32.94 |
Total
Return(b) |
(15.16)% |
32.71% |
22.56% |
3.96% |
22.35% |
Net
assets, end of year (in 000’s) |
$36,346 |
$21,889 |
$8,703 |
$6,649 |
$9,259 |
Ratio
of net expenses to average net assets |
0.81% |
0.86% |
0.89% |
0.89% |
0.89% |
Ratio
of total expenses to average net assets |
0.90% |
0.92% |
0.96% |
0.97% |
1.06% |
Ratio
of net investment income to average net assets |
0.44% |
0.08% |
0.46% |
0.60% |
0.31% |
Portfolio
turnover rate(c) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$39.96 |
$31.14 |
$26.35 |
$35.75 |
$31.60 |
Net
investment income(a) |
0.19 |
0.07 |
0.16 |
0.19 |
0.20 |
Net
realized and unrealized gain (loss) |
(5.69) |
9.90 |
5.69 |
(0.17) |
6.55 |
Total
from investment operations |
(5.50) |
9.97 |
5.85 |
0.02 |
6.75 |
Distributions
to shareholders from net investment income |
— |
(0.15) |
(0.17) |
(0.09) |
(0.13) |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.15) |
(1.06) |
(9.42) |
(2.60) |
Net
asset value, end of year |
$31.04 |
$39.96 |
$31.14 |
$26.35 |
$35.75 |
Total
Return(b) |
(15.07)% |
32.92% |
22.71% |
4.12% |
22.53% |
Net
assets, end of year (in 000’s) |
$78,897 |
$8,707 |
$2,454 |
$2,313 |
$60 |
Ratio
of net expenses to average net assets |
0.70% |
0.73% |
0.75% |
0.74% |
0.74% |
Ratio
of total expenses to average net assets |
0.77% |
0.78% |
0.83% |
0.83% |
0.90% |
Ratio
of net investment income to average net assets |
0.56% |
0.21% |
0.59% |
0.75% |
0.60% |
Portfolio
turnover rate(c) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Large Cap Core Fund | ||||
|
Class
R Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$32.19 |
$25.32 |
$21.63 |
$31.26 |
$28.01 |
Net
investment income (loss)(a) |
(0.03) |
(0.12) |
—(b) |
0.02 |
(0.06) |
Net
realized and unrealized gain (loss) |
(4.45) |
8.01 |
4.62 |
(0.32) |
5.81 |
Total
from investment operations |
(4.48) |
7.89 |
4.62 |
(0.30) |
5.75 |
Distributions
to shareholders from net investment income |
— |
(0.02) |
(0.04) |
— |
(0.03) |
Distributions
to shareholders from net realized gains |
(3.42) |
(1.00) |
(0.89) |
(9.33) |
(2.47) |
Total
distributions |
(3.42) |
(1.02) |
(0.93) |
(9.33) |
(2.50) |
Net
asset value, end of year |
$24.29 |
$32.19 |
$25.32 |
$21.63 |
$31.26 |
Total
Return(c) |
(15.58)% |
32.09% |
21.90% |
3.47% |
21.73% |
Net
assets, end of year (in 000’s) |
$8,186 |
$12,608 |
$10,097 |
$8,559 |
$8,887 |
Ratio
of net expenses to average net assets |
1.32% |
1.36% |
1.39% |
1.39% |
1.39% |
Ratio
of total expenses to average net assets |
1.40% |
1.42% |
1.47% |
1.47% |
1.56% |
Ratio
of net investment income (loss) to average net
assets |
(0.12)% |
(0.42)% |
0.01% |
0.11% |
(0.20)% |
Portfolio
turnover rate(d) |
63% |
46% |
47% |
55% |
93% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Class
A
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$12.32 |
$11.24 |
$9.25 |
$13.83 |
$13.79 |
Net
investment loss(a) |
(0.06) |
(0.07) |
(0.03) |
(0.01) |
(0.02) |
Net
realized and unrealized gain (loss) |
(2.69) |
2.92 |
3.58 |
(0.30) |
3.03 |
Total
from investment operations |
(2.75) |
2.85 |
3.55 |
(0.31) |
3.01 |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Net
asset value, end of year |
$8.06 |
$12.32 |
$11.24 |
$9.25 |
$13.83 |
Total
Return(b) |
(25.42)% |
29.11% |
43.98% |
2.86% |
25.59% |
Net
assets, end of year (in 000’s) |
$33,996 |
$63,591 |
$36,688 |
$28,311 |
$30,174 |
Ratio
of net expenses to average net assets |
1.11% |
1.12% |
1.14% |
1.14% |
1.14% |
Ratio
of total expenses to average net assets |
1.29% |
1.30% |
1.35% |
1.40% |
1.39% |
Ratio
of net investment loss to average net assets |
(0.63)% |
(0.60)% |
(0.35)% |
(0.07)% |
(0.15)% |
Portfolio
turnover rate(c) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Class
C
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data* | |||||
Net
asset value, beginning of year |
$18.96 |
$19.89 |
$18.27 |
$32.43 |
$34.38 |
Net
investment loss(a) |
(0.21) |
(0.24) |
(0.21) |
(0.18) |
(0.27) |
Net
realized and unrealized gain (loss) |
(3.55) |
4.62 |
6.51 |
(1.17) |
7.23 |
Total
from investment operations |
(3.76) |
4.38 |
6.30 |
(1.35) |
6.96 |
Distributions
to shareholders from net realized gains |
(4.53) |
(5.31) |
(4.68) |
(12.81) |
(8.91) |
Net
asset value, end of year |
$10.67 |
$18.96 |
$19.89 |
$18.27 |
$32.43 |
Total
Return(b) |
(25.97)% |
28.22% |
42.88% |
2.07% |
24.61% |
Net
assets, end of year (in 000’s) |
$2,153 |
$3,901 |
$4,522 |
$4,142 |
$9,081 |
Ratio
of net expenses to average net assets |
1.86% |
1.87% |
1.89% |
1.89% |
1.89% |
Ratio
of total expenses to average net assets |
2.04% |
2.05% |
2.11% |
2.14% |
2.13% |
Ratio
of net investment loss to average net assets |
(1.37)% |
(1.34)% |
(1.25)% |
(0.83)% |
(0.85)% |
Portfolio
turnover rate(c) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$14.50 |
$12.88 |
$10.39 |
$14.92 |
$14.67 |
Net
investment income (loss)(a) |
(0.03) |
(0.03) |
0.01 |
0.03 |
0.04 |
Net
realized and unrealized gain (loss) |
(3.24) |
3.42 |
4.07 |
(0.26) |
3.25 |
Total
from investment operations |
(3.27) |
3.39 |
4.08 |
(0.23) |
3.29 |
Distributions
to shareholders from net investment income |
— |
—(b) |
(0.03) |
(0.03) |
(0.07) |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Total
distributions |
(1.51) |
(1.77) |
(1.59) |
(4.30) |
(3.04) |
Net
asset value, end of year |
$9.72 |
$14.50 |
$12.88 |
$10.39 |
$14.92 |
Total
Return(c) |
(25.16)% |
29.65% |
44.36% |
3.31% |
26.11% |
Net
assets, end of year (in 000’s) |
$39,300 |
$62,894 |
$60,474 |
$52,461 |
$75,470 |
Ratio
of net expenses to average net assets |
0.75% |
0.75% |
0.76% |
0.75% |
0.75% |
Ratio
of total expenses to average net assets |
0.92% |
0.93% |
0.98% |
1.00% |
0.99% |
Ratio
of net investment income (loss) to average net
assets |
(0.25)% |
(0.23)% |
0.10% |
0.32% |
0.31% |
Portfolio
turnover rate(d) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Service
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$11.97 |
$10.97 |
$9.08 |
$13.67 |
$13.70 |
Net
investment loss(a) |
(0.07) |
(0.08) |
(0.04) |
(0.01) |
(0.03) |
Net
realized and unrealized gain (loss) |
(2.61) |
2.85 |
3.49 |
(0.31) |
3.00 |
Total
from investment operations |
(2.68) |
2.77 |
3.45 |
(0.32) |
2.97 |
Distributions
to shareholders from net investment income |
— |
— |
— |
— |
(0.03) |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Total
distributions |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(3.00) |
Net
asset value, end of year |
$7.78 |
$11.97 |
$10.97 |
$9.08 |
$13.67 |
Total
Return(b) |
(25.59)% |
29.09% |
43.67% |
2.79% |
25.48% |
Net
assets, end of year (in 000’s) |
$536 |
$623 |
$505 |
$622 |
$597 |
Ratio
of net expenses to average net assets |
1.25% |
1.25% |
1.26% |
1.25% |
1.25% |
Ratio
of total expenses to average net assets |
1.42% |
1.43% |
1.53% |
1.53% |
1.48% |
Ratio
of net investment loss to average net assets |
(0.75)% |
(0.72)% |
(0.47)% |
(0.14)% |
(0.21)% |
Portfolio
turnover rate(c) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$14.41 |
$12.83 |
$10.34 |
$14.89 |
$14.66 |
Net
investment income (loss)(a) |
(0.04) |
(0.04) |
(0.01) |
0.02 |
0.02 |
Net
realized and unrealized gain (loss) |
(3.21) |
3.39 |
4.07 |
(0.27) |
3.24 |
Total
from investment operations |
(3.25) |
3.35 |
4.06 |
(0.25) |
3.26 |
Distributions
to shareholders from net investment income |
— |
— |
(0.01) |
(0.03) |
(0.06) |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Total
distributions |
(1.51) |
(1.77) |
(1.57) |
(4.30) |
(3.03) |
Net
asset value, end of year |
$9.65 |
$14.41 |
$12.83 |
$10.34 |
$14.89 |
Total
Return(b) |
(25.18)% |
29.42% |
44.28% |
3.14% |
25.90% |
Net
assets, end of year (in 000’s) |
$3,304 |
$3,232 |
$2,758 |
$1,533 |
$2,578 |
Ratio
of net expenses to average net assets |
0.86% |
0.87% |
0.89% |
0.89% |
0.89% |
Ratio
of total expenses to average net assets |
1.04% |
1.05% |
1.06% |
1.14% |
1.12% |
Ratio
of net investment income (loss) to average net
assets |
(0.34)% |
(0.35)% |
(0.09)% |
0.16% |
0.15% |
Portfolio
turnover rate(c) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Class
R6
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$14.46 |
$12.86 |
$10.37 |
$14.91 |
$14.66 |
Net
investment income (loss)(a) |
(0.02) |
(0.03) |
0.01 |
0.04 |
0.04 |
Net
realized and unrealized gain (loss) |
(3.23) |
3.40 |
4.07 |
(0.27) |
3.25 |
Total
from investment operations |
(3.25) |
3.37 |
4.08 |
(0.23) |
3.29 |
Distributions
to shareholders from net investment income |
— |
—(b) |
(0.03) |
(0.04) |
(0.07) |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Total
distributions |
(1.51) |
(1.77) |
(1.59) |
(4.31) |
(3.04) |
Net
asset value, end of year |
$9.70 |
$14.46 |
$12.86 |
$10.37 |
$14.91 |
Total
Return(c) |
(25.09)% |
29.57% |
44.49% |
3.33% |
26.15% |
Net
assets, end of year (in 000’s) |
$3,846 |
$789 |
$509 |
$477 |
$15 |
Ratio
of net expenses to average net assets |
0.74% |
0.74% |
0.75% |
0.74% |
0.74% |
Ratio
of total expenses to average net assets |
0.92% |
0.92% |
0.99% |
1.03% |
0.97% |
Ratio
of net investment income (loss) to average net
assets |
(0.18)% |
(0.22)% |
0.10% |
0.40% |
0.30% |
Portfolio
turnover rate(d) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Class
R
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$11.55 |
$10.67 |
$8.88 |
$13.49 |
$13.56 |
Net
investment loss(a) |
(0.08) |
(0.09) |
(0.06) |
(0.03) |
(0.04) |
Net
realized and unrealized gain (loss) |
(2.49) |
2.74 |
3.41 |
(0.31) |
2.96 |
Total
from investment operations |
(2.57) |
2.65 |
3.35 |
(0.34) |
2.92 |
Distributions
to shareholders from net investment income |
— |
— |
— |
— |
(0.02) |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.97) |
Total
distributions |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
(2.99) |
Net
asset value, end of year |
$7.47 |
$11.55 |
$10.67 |
$8.88 |
$13.49 |
Total
Return(b) |
(25.57)% |
28.74% |
43.52% |
2.67% |
25.29% |
Net
assets, end of year (in 000’s) |
$170 |
$213 |
$66 |
$292 |
$255 |
Ratio
of net expenses to average net assets |
1.36% |
1.37% |
1.40% |
1.39% |
1.39% |
Ratio
of total expenses to average net assets |
1.54% |
1.55% |
1.75% |
1.65% |
1.62% |
Ratio
of net investment loss to average net assets |
(0.85)% |
(0.85)% |
(0.66)% |
(0.31)% |
(0.34)% |
Portfolio
turnover rate(c) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs Strategic Growth Fund | ||||
|
Class
P
Shares | ||||
|
Year
Ended August 31, |
Period
Ended
August 31, 2018(a)
| |||
|
2022 |
2021 |
2020 |
2019 | |
Per
Share Data | |||||
Net
asset value, beginning of period |
$14.44 |
$12.84 |
$10.35 |
$14.90 |
$13.53 |
Net
investment income (loss)(b) |
(0.03) |
(0.03) |
0.01 |
0.04 |
0.01 |
Net
realized and unrealized gain (loss) |
(3.22) |
3.40 |
4.07 |
(0.28) |
1.36 |
Total
from investment operations |
(3.25) |
3.37 |
4.08 |
(0.24) |
1.37 |
Distributions
to shareholders from net investment income |
— |
—(c)
|
(0.03) |
(0.04) |
— |
Distributions
to shareholders from net realized gains |
(1.51) |
(1.77) |
(1.56) |
(4.27) |
— |
Total distributions |
(1.51) |
(1.77) |
(1.59) |
(4.31) |
— |
Net
asset value, end of period |
$9.68 |
$14.44 |
$12.84 |
$10.35 |
$14.90 |
Total
Return(d) |
(25.12)% |
29.61% |
44.56% |
3.26% |
10.13% |
Net
assets, end of period (in 000’s) |
$60,603 |
$90,823 |
$78,539 |
$73,132 |
$104,590 |
Ratio
of net expenses to average net assets |
0.74% |
0.74% |
0.75% |
0.74% |
0.74%(e) |
Ratio
of total expenses to average net assets |
0.91% |
0.92% |
0.98% |
0.99% |
0.96%(e) |
Ratio
of net investment income (loss) to average net
assets |
(0.24)% |
(0.22)% |
0.12% |
0.32% |
0.22%(e) |
Portfolio
turnover rate(f) |
24% |
31% |
39% |
28% |
40% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$18.89 |
$15.63 |
$13.59 |
$14.00 |
$14.84 |
Net
investment income(a) |
0.05 |
0.04 |
0.09 |
0.12 |
0.11 |
Net
realized and unrealized gain (loss) |
(3.46) |
4.91 |
2.56 |
0.64 |
2.15 |
Total
from investment operations |
(3.41) |
4.95 |
2.65 |
0.76 |
2.26 |
Distributions
to shareholders from net investment income |
— |
(0.07) |
(0.15) |
(0.08) |
(0.09) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.35) |
(1.69) |
(0.61) |
(1.17) |
(3.10) |
Net
asset value, end of year |
$15.13 |
$18.89 |
$15.63 |
$13.59 |
$14.00 |
Total
Return(b) |
(18.42)% |
34.66% |
19.93% |
6.80% |
17.50% |
Net
assets, end of year (in 000’s) |
$6,597 |
$7,354 |
$5,448 |
$3,878 |
$2,533 |
Ratio
of net expenses to average net assets |
1.03% |
1.01% |
1.05% |
1.03% |
1.04% |
Ratio
of total expenses to average net assets |
2.23% |
3.73% |
3.30% |
4.26% |
5.12% |
Ratio
of net investment income to average net assets |
0.31% |
0.26% |
0.64% |
0.90% |
0.81% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$17.71 |
$14.79 |
$12.91 |
$13.40 |
$14.36 |
Net
investment income (loss)(a) |
(0.08) |
(0.08) |
(0.01) |
0.02 |
0.01 |
Net
realized and unrealized gain (loss) |
(3.22) |
4.62 |
2.41 |
0.62 |
2.07 |
Total
from investment operations |
(3.30) |
4.54 |
2.40 |
0.64 |
2.08 |
Distributions
to shareholders from net investment income |
— |
— |
(0.06) |
(0.04) |
(0.03) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.35) |
(1.62) |
(0.52) |
(1.13) |
(3.04) |
Net
asset value, end of year |
$14.06 |
$17.71 |
$14.79 |
$12.91 |
$13.40 |
Total
Return(b) |
(19.04)% |
33.65% |
18.97% |
6.04% |
16.66% |
Net
assets, end of year (in 000’s) |
$1,402 |
$2,430 |
$1,985 |
$1,487 |
$172 |
Ratio
of net expenses to average net assets |
1.78% |
1.76% |
1.80% |
1.78% |
1.80% |
Ratio
of total expenses to average net assets |
2.94% |
4.46% |
4.07% |
4.97% |
5.86% |
Ratio
of net investment income (loss) to average net
assets |
(0.47)% |
(0.49)% |
(0.11)% |
0.18% |
0.05% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$19.13 |
$15.80 |
$13.73 |
$14.10 |
$14.92 |
Net
investment income(a) |
0.14 |
0.10 |
0.14 |
0.16 |
0.16 |
Net
realized and unrealized gain (loss) |
(3.53) |
4.97 |
2.58 |
0.67 |
2.17 |
Total
from investment operations |
(3.39) |
5.07 |
2.72 |
0.83 |
2.33 |
Distributions
to shareholders from net investment income |
(0.04) |
(0.12) |
(0.19) |
(0.11) |
(0.14) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.39) |
(1.74) |
(0.65) |
(1.20) |
(3.15) |
Net
asset value, end of year |
$15.35 |
$19.13 |
$15.80 |
$13.73 |
$14.10 |
Total
Return(b) |
(18.13)% |
35.11% |
20.29% |
7.27% |
17.92% |
Net
assets, end of year (in 000’s) |
$1,425 |
$1,921 |
$1,009 |
$791 |
$4,969 |
Ratio
of net expenses to average net assets |
0.67% |
0.67% |
0.70% |
0.67% |
0.68% |
Ratio
of total expenses to average net assets |
1.51% |
3.39% |
2.99% |
3.97% |
4.65% |
Ratio
of net investment income to average net assets |
0.74% |
0.60% |
0.99% |
1.22% |
1.20% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$19.14 |
$15.81 |
$13.72 |
$14.11 |
$14.92 |
Net
investment income(a) |
0.10 |
0.09 |
0.11 |
0.15 |
0.14 |
Net
realized and unrealized gain (loss) |
(3.51) |
4.96 |
2.60 |
0.65 |
2.18 |
Total
from investment operations |
(3.41) |
5.05 |
2.71 |
0.80 |
2.32 |
Distributions
to shareholders from net investment income |
(0.03) |
(0.10) |
(0.16) |
(0.10) |
(0.12) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.38) |
(1.72) |
(0.62) |
(1.19) |
(3.13) |
Net
asset value, end of year |
$15.35 |
$19.14 |
$15.81 |
$13.72 |
$14.11 |
Total
Return(b) |
(18.22)% |
34.99% |
20.23% |
7.05% |
17.86% |
Net
assets, end of year (in 000’s) |
$1,175 |
$878 |
$344 |
$1,064 |
$235 |
Ratio
of net expenses to average net assets |
0.78% |
0.76% |
0.85% |
0.78% |
0.79% |
Ratio
of total expenses to average net assets |
1.96% |
3.79% |
3.75% |
4.06% |
4.87% |
Ratio
of net investment income to average net assets |
0.57% |
0.52% |
0.76% |
1.16% |
1.06% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Class
R Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$19.01 |
$15.72 |
$13.67 |
$14.07 |
$14.89 |
Net
investment income(a) |
0.01 |
0.03 |
0.05 |
0.08 |
0.08 |
Net
realized and unrealized gain (loss) |
(3.48) |
4.92 |
2.57 |
0.67 |
2.16 |
Total
from investment operations |
(3.47) |
4.95 |
2.62 |
0.75 |
2.24 |
Distributions
to shareholders from net investment income |
— |
(0.04) |
(0.11) |
(0.06) |
(0.05) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.35) |
(1.66) |
(0.57) |
(1.15) |
(3.06) |
Net
asset value, end of year |
$15.19 |
$19.01 |
$15.72 |
$13.67 |
$14.07 |
Total
Return(b) |
(18.62)% |
34.35% |
19.56% |
6.58% |
17.21% |
Net
assets, end of year (in 000’s) |
$408 |
$482 |
$23 |
$20 |
$20 |
Ratio
of net expenses to average net assets |
1.28% |
1.26% |
1.30% |
1.27% |
1.29% |
Ratio
of total expenses to average net assets |
2.48% |
5.23% |
3.68% |
4.53% |
5.36% |
Ratio
of net investment income to average net assets |
0.06% |
0.15% |
0.39% |
0.64% |
0.55% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs U.S. Equity ESG Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended August 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$19.14 |
$15.81 |
$13.73 |
$14.11 |
$14.93 |
Net
investment income(a) |
0.12 |
0.10 |
0.13 |
0.17 |
0.16 |
Net
realized and unrealized gain (loss) |
(3.51) |
4.96 |
2.60 |
0.65 |
2.17 |
Total
from investment operations |
(3.39) |
5.06 |
2.73 |
0.82 |
2.33 |
Distributions
to shareholders from net investment income |
(0.04) |
(0.11) |
(0.19) |
(0.11) |
(0.14) |
Distributions
to shareholders from net realized gains |
(0.35) |
(1.62) |
(0.46) |
(1.09) |
(3.01) |
Total
distributions |
(0.39) |
(1.73) |
(0.65) |
(1.20) |
(3.15) |
Net
asset value, end of year |
$15.36 |
$19.14 |
$15.81 |
$13.73 |
$14.11 |
Total
Return(b) |
(18.13)% |
35.09% |
20.37% |
7.20% |
17.94% |
Net
assets, end of year (in 000’s) |
$1,173 |
$1,199 |
$1,325 |
$3,229 |
$11 |
Ratio
of net expenses to average net assets |
0.66% |
0.66% |
0.71% |
0.66% |
0.68% |
Ratio
of total expenses to average net assets |
1.85% |
3.30% |
3.84% |
3.76% |
4.73% |
Ratio
of net investment income to average net assets |
0.68% |
0.60% |
0.96% |
1.31% |
1.16% |
Portfolio
turnover rate(c) |
114% |
31% |
65% |
47% |
71% |
|
Goldman
Sachs Concentrated Growth Fund
| ||||
|
Class
P
Shares | ||||
|
Year
Ended August 31, |
Period
Ended
August
31, 2018(a)
| |||
|
2022 |
2021 |
2020 |
2019 | |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$30.14 |
$24.85 |
$18.88 |
$20.60 |
$18.54 |
Net
investment income (loss)(b) |
(0.08) |
(0.08) |
(0.01) |
0.03 |
0.02 |
Net
realized and unrealized gain (loss) |
(6.65) |
6.82 |
7.48 |
0.40 |
2.04 |
Total
from investment operations |
(6.73) |
6.74 |
7.47 |
0.43 |
2.06 |
Distributions
to shareholders from net investment income |
— |
— |
(0.02) |
(0.05) |
— |
Distributions
to shareholders from net realized gains |
(4.73) |
(1.45) |
(1.48) |
(2.10) |
— |
Total
distributions |
(4.73) |
(1.45) |
(1.50) |
(2.15) |
— |
Net
asset value, end of period |
$18.68 |
$30.14 |
$24.85 |
$18.88 |
$20.60 |
Total
Return(c) |
(26.32)% |
28.60% |
42.00% |
4.01% |
11.11% |
Net
assets, end of period (in 000’s) |
$127,302 |
$190,213 |
$160,582 |
$128,289 |
$143,078 |
Ratio
of net expenses to average net assets |
0.79% |
0.79% |
0.80% |
0.79% |
0.79%(d) |
Ratio
of total expenses to average net assets |
0.93% |
0.94% |
0.99% |
1.06% |
0.72%(d) |
Ratio
of net investment income (loss) to average net
assets |
(0.35)% |
(0.31)% |
(0.06)% |
0.18% |
0.32%(d) |
Portfolio
turnover rate(e) |
29% |
37% |
36% |
40% |
44% |
MERRILL
LYNCH |
AMERIPRISE
FINANCIAL |
MORGAN
STANLEY WEALTH MANAGEMENT |
RAYMOND
JAMES & ASSOCIATES, INC., RAYMOND JAMES FINANCIAL SERVICES, INC. AND
EACH ENTITY’S AFFILIATES
(“RAYMOND
JAMES”) |
JANNEY
MONTGOMERY SCOTT LLC |
EDWARD
D. JONES & CO., L.P. (“Edward
Jones”) |
OPPENHEIMER
& CO. INC. |
ROBERT
W. BAIRD & CO. (“BAIRD”) |
FOR
MORE INFORMATION |
|
Institutional,
Service & Class R6 |
Class
A, C, Investor & R |
◼ By
telephone: |
1-800-621-2550 |
1-800-526-7384 |
◼ By
mail: |
Goldman
Sachs Funds
P.O.
Box 806395
Chicago,
IL 60680-4125 |
Goldman
Sachs Funds
P.O.
Box 219711
Kansas
City, MO 64121 |
◼ On
the Internet: |
SEC
EDGAR database – http://www.sec.gov |
|