AN
INVESTMENT IN The FUND IS NOT A BANK DEPOSIT AND IS NOT INSURED BY THE
FEDERAL DEPOSIT
INSURANCE
CORPORATION OR ANY OTHER GOVERNMENT AGENCY. AN INVESTMENT IN THE FUND
INVOLVES
INVESTMENT RISKS, AND YOU MAY LOSE MONEY IN THE
FUND. |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses1
|
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
$ |
$ |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
INVESTMENT
OBJECTIVE |
PRINCIPAL
INVESTMENT STRATEGIES |
INDEX
DISCLAIMER |
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 objective and
strategies of the Fund |
Goldman
Sachs MarketBeta
U.S.
1000 Equity ETF |
Investment
Practices |
|
Borrowings
|
33 1∕3 |
Derivatives,
including futures options and swaps |
• |
Illiquid
Investments* |
15 |
Initial
Public Offerings (“IPO”) |
• |
Investment
Company Securities (including ETFs)1 |
10 |
Preferred
Stock, Warrants and Stock Purchase Rights |
• |
Repurchase
Agreements |
• |
Securities
Lending |
33 1∕3 |
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 |
Goldman
Sachs MarketBeta
U.S.
1000 Equity ETF |
Investment
Securities |
|
Equity
Investments |
• |
Real
Estate Investment Trusts (“REITs”) |
• |
✓ Principal
Risk
• Additional
Risk |
Goldman
Sachs MarketBeta
U.S.
1000 Equity ETF |
Absence
of Active Market Risk |
• |
Authorized
Participant Concentration Risk |
• |
Calculation
Methodology Risk |
✓ |
Cybersecurity
Risk |
✓ |
Derivatives
Risk |
• |
Diversification
Risk |
✓ |
Geographic
Risk |
✓ |
Index
Risk |
✓ |
Industry
Concentration Risk |
✓ |
Initial
Public Offering (“IPO”) Risk |
• |
Large
Shareholder Risk |
✓ |
Liquidity
Risk |
• |
Market
Risk |
✓ |
Market
Trading Risk |
✓ |
Mid-Cap
Risk |
✓ |
REIT
Risk |
• |
Secondary
Listing Risk |
• |
Seed
Investor Risk |
✓ |
Stock
Risk |
✓ |
Tracking
Error Risk |
✓ |
Trading
Issues Risk |
• |
Valuation
Risk |
✓ |
INVESTMENT
ADVISER |
Investment
Adviser |
Fund |
Goldman
Sachs Asset Management, L.P.
200
West Street
New
York, NY 10282 |
MarketBeta
U.S. 1000 Equity ETF |
MANAGEMENT
FEE AND OTHER EXPENSES |
Fund |
Contractual
Management
Fee
Annual Rate as a
Percentage
of
Average
Daily Net Assets |
Average
Daily
Net
Assets |
MarketBeta
U.S. 1000 Equity ETF |
0.15%
0.10%
0.09%
0.08% |
First
$300 Million
Next
$700 Million
Next
$4 Billion
Over
$5 Billion |
FUND
MANAGERS |
Name
and Title |
Fund
Responsibility |
Years
Primarily
Responsible |
Five
Year
Employment
History |
Raj
Garigipati
Managing
Director |
Portfolio
Manager—
Goldman
Sachs MarketBeta
U.S.
1000 Equity ETF |
Since
2022 |
Mr.
Garigipati joined the ETF Portfolio
Management
team in 2015. Prior to
joining
the ETF Portfolio Management
team,
he had been the Chief Risk
Officer
of the Quantitative Investment
Strategies
team since 2011. He joined
Goldman
Sachs in 2003. |
DISTRIBUTOR |
TRANSFER
AGENT, CUSTODIAN AND
PROVIDER
OF ADMINISTRATIVE SERVICES |
ACTIVITIES
OF GOLDMAN SACHS AND ITS AFFILIATES AND OTHER
ACCOUNTS
MANAGED BY GOLDMAN SACHS |
Buying
and Selling Shares |
Payments
to Broker-Dealers and Other Financial
Intermediaries |
Net
Asset Value |
NAV
= |
(Value
of Assets of the Fund)
–
(Liabilities of the Fund) |
|
Number
of Outstanding Shares of the
Fund |
Book
Entry |
Creations
and Redemptions |
DISTRIBUTIONS |
TAXES
ON CREATIONS AND REDEMPTIONS OF CREATION
UNITS |
SALES
OF FUND SHARES |
OTHER
INFORMATION |
PREMIUM/DISCOUNT
INFORMATION |
CONTINUOUS
OFFERING |
DISTRIBUTION
AND SERVICE PLAN |
A. General
Portfolio Risks |
B.
Other Portfolio Risks |
C.
Portfolio Securities and
Techniques |
|
MarketBeta® U.S.
1000 Equity ETF |
|
For
the Period
April 5,
2022*
to
August 31,
2022 |
Per
Share Operating Performance: | |
Net
asset value, beginning of period |
$39.49 |
Net
investment income(a)
|
0.21 |
Net
realized and unrealized loss |
(5.09)(b)
|
Total
loss from investment operations |
(4.88) |
Distributions
to shareholders from net investment income |
(0.12) |
Net
asset value, end of period |
$34.49 |
Market
price, end of period |
$34.54 |
Total
Return at Net Asset Value(c) |
(12.36)% |
Net
assets, end of period (in 000’s) |
$1,236,018 |
Ratio
of total expenses to average net assets |
0.11%(d)
|
Ratio
of net investment income to average net assets |
1.47%(d)
|
Portfolio
turnover rate(e)
|
25% |
FOR
MORE INFORMATION |
|
Shareholders/Authorized
Participants |
Financial
Advisors |
◼ By
telephone: |
1-800-621-2550 |
1-800-292-4726 |
◼ By
mail: |
Goldman
Sachs Funds
P.O.
Box 806395
Chicago,
IL 60680-4125 |
|
◼ On
the Internet: |
SEC
EDGAR database – http://www.sec.gov |
|