GMEPX: Goldman Sachs China Equity Fund - MutualFunds.com

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Goldman Sachs Asia Equity P

GMEPX - Snapshot

Vitals

  • YTD Return 33.3%
  • 3 Yr Annualized Return 13.8%
  • 5 Yr Annualized Return 15.4%
  • Net Assets $81.9 M
  • Holdings in Top 10 44.0%

52 WEEK LOW AND HIGH

$39.71
$24.27
$40.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare GMEPX to Popular China Region Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$78.53

+0.40%

$5.95 B

1.19%

$0.93

21.45%

0.59%

$46.48

+0.37%

$4.35 B

2.21%

$1.02

12.57%

0.59%

$45.13

+0.24%

$3.22 B

2.65%

$1.20

2.45%

0.74%

-

-

$2.83 B

-

$0.04

45.46%

0.73%

$36.19

-0.55%

$1.80 B

0.80%

$0.29

19.77%

0.65%

GMEPX - Profile

Distributions

  • YTD Total Return 33.3%
  • 3 Yr Annualized Total Return 13.8%
  • 5 Yr Annualized Total Return 15.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs China Equity Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Apr 16, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Basak Yavuz

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes ("Net Assets") in a diversified portfolio of equity investments in issuers economically tied to China. The manager expects to invest primarily in common stocks, but may also invest in depositary receipts. This may include securities that trade in local Chinese, Hong Kong, or other foreign exchanges and securities that trade in Renminbi (“RMB”), the official currency of China.


GMEPX - Performance

Return Ranking - Trailing

Period GMEPX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.3% -29.0% 77.3% 23.15%
1 Yr 44.7% -20.3% 88.3% 25.24%
3 Yr 13.8%* -7.2% 25.2% 27.06%
5 Yr 15.4%* -2.2% 24.6% 33.73%
10 Yr 8.0%* -3.8% 10.8% 35.94%

* Annualized

Return Ranking - Calendar

Period GMEPX Return Category Return Low Category Return High Rank in Category (%)
2019 25.5% -1.9% 46.9% 53.47%
2018 N/A -52.1% -5.1% N/A
2017 N/A 7.9% 78.5% N/A
2016 N/A -54.3% 130.0% N/A
2015 N/A -34.4% 43.3% N/A

Total Return Ranking - Trailing

Period GMEPX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.3% -28.6% 78.5% 24.07%
1 Yr 44.7% -20.3% 88.3% 25.24%
3 Yr 13.8%* -7.2% 25.2% 24.71%
5 Yr 15.4%* -2.2% 24.6% 31.33%
10 Yr 8.0%* -3.8% 10.8% 35.94%

* Annualized

Total Return Ranking - Calendar

Period GMEPX Return Category Return Low Category Return High Rank in Category (%)
2019 25.5% -1.9% 46.9% 53.47%
2018 N/A -52.1% -5.1% N/A
2017 N/A 7.9% 78.5% N/A
2016 N/A -30.2% 15.0% N/A
2015 N/A -34.4% 43.3% N/A

NAV & Total Return History


GMEPX - Holdings

Concentration Analysis

GMEPX Category Low Category High GMEPX % Rank
Net Assets 81.9 M 1.35 M 5.95 B 40.50%
Number of Holdings 79 26 839 36.75%
Net Assets in Top 10 36.3 M 819 K 3.05 B 44.44%
Weighting of Top 10 43.98% 6.1% 73.1% 70.09%

Top 10 Holdings

  1. Tencent Holdings Ltd 11.60%
  2. Tencent Holdings Ltd 11.60%
  3. Tencent Holdings Ltd 11.60%
  4. Tencent Holdings Ltd 11.60%
  5. Tencent Holdings Ltd 11.60%
  6. Tencent Holdings Ltd 11.60%
  7. Tencent Holdings Ltd 11.60%
  8. Tencent Holdings Ltd 11.60%
  9. Tencent Holdings Ltd 11.60%
  10. Tencent Holdings Ltd 11.60%

Asset Allocation

Weighting Return Low Return High GMEPX % Rank
Stocks
97.85% 66.74% 100.16% 76.07%
Cash
2.15% -0.16% 16.68% 23.08%
Preferred Stocks
0.00% 0.00% 0.00% 47.86%
Other
0.00% -3.32% 32.21% 50.43%
Convertible Bonds
0.00% 0.00% 0.00% 47.86%
Bonds
0.00% 0.00% 0.05% 48.72%

GMEPX - Expenses

Operational Fees

GMEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.70% 0.09% 20.07% 36.70%
Management Fee 1.00% 0.09% 1.50% 80.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.26% N/A

Sales Fees

GMEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GMEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GMEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 344.00% 32.69%

GMEPX - Distributions

Dividend Yield Analysis

GMEPX Category Low Category High GMEPX % Rank
Dividend Yield 0.00% 0.00% 9.73% 65.29%

Dividend Distribution Analysis

GMEPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

GMEPX Category Low Category High GMEPX % Rank
Net Income Ratio 0.55% -2.12% 4.44% 60.36%

Capital Gain Distribution Analysis

GMEPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

GMEPX - Fund Manager Analysis

Managers

Basak Yavuz


Start Date

Tenure

Tenure Rank

Mar 14, 2019

1.55

1.6%

Ms. Yavuz is the co-head of GSAM’s Emerging Markets Equity team and a portfolio manager for GSAM’s Emerging Markets Equity. Ms. Yavuz joined the Goldman Sachs Asset Management, L.P in September 2011 from HSBC Asset Management, where she spent three and half years as a portfolio manager for frontier markets. Prior to joining HSBC, she was a research analyst at AllianceBernstein in London from 2001 to 2008.

Hiren Dasani


Start Date

Tenure

Tenure Rank

Mar 14, 2019

1.55

1.6%

Hiren Dasani is the co-head of GSAM’s Emerging Markets Equity team and a portfolio manager for GSAM’s Emerging Markets Equity and India Equity strategies. Mr. Dasani joined GSAM’s India Equity Research team in January 2007 from SSKI Securities.

Shao Ping Guan


Start Date

Tenure

Tenure Rank

Nov 20, 2019

0.86

0.9%

Mr. Guan is head of the China Equity team and portfolio manager of GSAM China Equity strategies. He joined the Goldman Sachs Asset Management, L.P. in in October 2008.

Christine Pu


Start Date

Tenure

Tenure Rank

Nov 20, 2019

0.86

0.9%

Ms. Pu is a portfolio manager within the Greater China Equity Research Team. She joined the Goldman Sachs Asset Management, L.P. in November 2007.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 26.65 3.6 11.75