Goldman Sachs Mid Cap Value Fund Class A

Frequently Asked Questions About GCMAX

What does GCMAX invest in?

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in a diversified portfolio of equity investments in mid-cap issuers. Although it will invest primarily in publicly traded U.S. securities, the fund may invest in foreign securities, including securities of issuers in countries with emerging markets or economies and securities quoted in foreign currencies.

What is the expense ratio of GCMAX?

Goldman Sachs Mid Cap Value Fund Class A (GCMAX) charges an expense ratio of 1.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GCMAX?

Goldman Sachs Mid Cap Value Fund Class A (GCMAX) manages $1.76B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GCMAX actively managed or an index fund?

GCMAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GCMAX's is 1.19%) in exchange for the discretion to over- or under-weight positions.

When was GCMAX launched?

Goldman Sachs Mid Cap Value Fund Class A (GCMAX) launched in August 1997 and is managed by Goldman Sachs.

How has GCMAX performed?

GCMAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.