Morningstar Fund Report  | 05/04/2025Print

Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close
Fund0.8-11.34.79.0-1.5
+/-Cat2.30.70.60.9-0.8
+/-B’mrk1.7-3.50.70.0-0.6
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
03/04/2025		 USD 19.67
Day Change -2.48%
Morningstar Category™ Global Emerging Markets Equity
ISIN LU0313355587
Fund Size (Mil)
03/04/2025		 USD 3211.04
Share Class Size (Mil)
03/04/2025		 USD 326.79
Max Initial Charge -
Ongoing Charge
14/02/2025		  1.55%
Investment Objective: Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close
The portfolio seeks long-term capital appreciation by investing primarily in equity securities of Emerging Markets companies.
Returns
Trailing Returns (GBP)03/04/2025
YTD-3.16
3 Years Annualised-0.98
5 Years Annualised7.36
10 Years Annualised4.75
12 Month Yield 0.00
Management
Manager Name
Start Date
Len Ioffe
10/08/2009
Osman Ali
01/01/2015
Click here to see others
Inception Date
10/08/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR USDMorningstar EM TME NR USD
Portfolio Profile for  Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.340.0098.34
Bond0.000.000.00
Property0.000.000.00
Cash1.590.001.59
Other0.070.000.07
Top 5 Regions%
Asia - Emerging50.41
Asia - Developed31.11
Latin America7.68
Middle East5.63
Europe - Emerging2.63
Top 5 Sectors%
Technology27.64
Financial Services26.76
Consumer Cyclical14.41
Communication Services9.61
Industrials9.01
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology8.94
Tencent Holdings LtdCommunication ServicesCommunication Services4.24
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical3.94
Samsung Electronics Co LtdTechnologyTechnology3.51
Meituan Class BConsumer CyclicalConsumer Cyclical2.05
Increase Decrease New since last portfolio
Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close
Growth Of 1000 (GBP) 31/03/2025
Fund:  Goldman Sachs Emerging Markets CORE Equity Portfolio Base Acc USD Close
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.4610.4316.260.83-11.344.699.01-1.52
+/- Category-1.18-3.842.212.280.720.580.90-0.84
+/- Category Index-5.00-3.932.371.69-3.500.710.00-0.64
% Rank in Category6781322947354469
Trailing Returns (GBP)03/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-2.48   -0.04-0.27
1 Week-3.81   0.32-0.04
1 Month-3.20   0.14-0.43
3 Months-3.69   0.01-0.33
6 Months-6.04   0.160.36
YTD-3.16   -0.36-0.53
1 Year-1.36   -2.11-3.90
3 Years Annualised-0.98   -1.67-2.37
5 Years Annualised7.36   0.65-0.17
10 Years Annualised4.75   0.53-0.49
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.52---
20246.234.88-1.88-0.28
2023-0.38-0.061.183.93
2022-0.22-6.52-4.81-0.14
20213.927.38-7.21-2.62
2020-18.5819.085.7013.46
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAbove Average3 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.98 %
3-Yr Mean Return0.90 %
 
3-Yr Sharpe Ratio-0.22
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  Morningstar EM TME NR USD
3-Yr Beta1.041.04
3-Yr Alpha-2.01-2.01
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 40197-
Market Capitalisation% of Equity
Giant54.47
Large33.91
Medium9.79
Small1.79
Micro0.04
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.210.94
Price/Book1.550.94
Price/Sales1.521.01
Price/Cash Flow5.690.89
Dividend-Yield Factor3.571.12
 
Long-Term Projected Earnings Growth12.191.16
Historical Earnings Growth5.380.97
Sales Growth0.810.18
Cash-Flow Growth6.571.40
Book-Value Growth7.650.88
 
Category: Global Emerging Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.340.0098.34
Bond0.000.000.00
Property0.000.000.00
Cash1.590.001.59
Other0.070.000.07
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America7.680.84
United Kingdom0.000.00
Eurozone0.120.10
Europe - ex Euro0.000.00
Europe - Emerging2.631.19
Africa2.340.68
Middle East5.631.17
Japan0.09304.71
Australasia0.00-
Asia - Developed31.111.07
Asia - Emerging50.411.03
 
Category: Global Emerging Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.640.85
Consumer CyclicalConsumer Cyclical14.410.98
Financial ServicesFinancial Services26.761.11
Real EstateReal Estate1.100.57
Consumer DefensiveConsumer Defensive1.950.41
HealthcareHealthcare3.060.87
UtilitiesUtilities0.370.20
Communication ServicesCommunication Services9.610.93
EnergyEnergy2.450.78
IndustrialsIndustrials9.011.38
TechnologyTechnology27.641.11
 
Category: Global Emerging Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings343
Total Number of Bond Holdings0
Assets in Top 10 Holdings30.48
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan8.94
Tencent Holdings Ltd308China4.24
Alibaba Group Holding Ltd Ordinary Sh... 102China3.94
Samsung Electronics Co Ltd311Korea, Republic Of3.51
Meituan Class B102China2.05
Xiaomi Corp Class B311China1.81
Industrial And Commercial Bank Of Chi... 103China1.64
Bharti Airtel Ltd308India1.59
SK Hynix Inc311Korea, Republic Of1.43
Itau Unibanco Holding SA Participatin... 103Brazil1.34
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Equity
 
Management
Name of CompanyGoldman Sachs Asset Management B.V.
Phone+31-703781781
Websitehttps://am.gs.com/
AddressPrinses Beatrixlaan 35
 Den Haag   2595 AK
 Netherlands
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date10/08/2009
Fund Advisor(s)
Goldman Sachs Asset Management International
Fund ManagerLen Ioffe
Manager Start Date10/08/2009
Education
St. Petersburg Polytechnic University, M.S.
New York University (Stern), M.B.A.
 
Biography
Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.
Fund ManagerOsman Ali
Manager Start Date01/01/2015
 
Biography
Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.
Fund ManagerDennis Walsh
Manager Start Date01/01/2012
Education
Princeton University, B.A.
 
Biography
Dennis Walsh joined Goldman Sachs Asset Management, L.P. as an associate in 2009 and has been a portfolio manager since 2012. Between 2005 and 2007 he worked as a senior developer at Goldman Sachs and after that attended the graduate school at Princeton University.
Fund ManagerJames Park
Manager Start Date01/01/2014
Education
Victoria, B.A.
 
Biography
James Park joined Goldman Sachs Asset Management as a member of the QIS Team in 2004. He is a senior member of the QIS research and portfolio management team.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.35%
Ongoing Charge1.55%
Purchase Details
Minimum Investments
Initial3000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes