|
Goldman Sachs Hedge Industry VIP ETF
Ticker Symbol: GVIP CUSIP: 381430545 Exchange: NYSEA
Company's Online Profile
FUND DESCRIPTION: Goldman Sachs Hedge Industry VIP ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Goldman Sachs ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index. INDEX DESCRIPTION: The Goldman Sachs Hedge Fund VIP Index is designed to deliver exposure to equity securities whose performance is expected to influence the long portfolios of hedge funds. Such equity securities are defined as those that appear most frequently among the top ten equity holdings of U.S. hedge fund managers that select their investments based upon fundamental analysis. Goldman Sachs Asset Management, L.P. (the Index Provider) constructs the Index in accordance with a rules-based methodology. Hedge fund managers report their U.S. equity holdings, which are made public 45 days after the end of each calendar quarter. The Index is reconstituted and rebalanced on a quarterly basis once the information has been fully disseminated. The construction of the Index involves accessing the identifiers and share counts of U.S. equity holdings disclosed by hedge fund managers in their quarterly 13F filings with the Securities and Exchange Commission. The Index is constructed to then apply share prices at the time of data collection to the numbers of shares listed in each 13F disclosure filing to calculate the dollar market value of each reported position. The approximately 50 stocks that appear most frequently in the top 10 holdings of this universe then become the Index constituents. Constituents are equal dollar-weighted at each rebalance. The Index does not include hedge funds. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in the Index, in depositary receipts. The Fund seeks to invest in the Index components in approximately the same weighting that such components have within the Index at the applicable time. However, under various circumstances, it may not be possible or practicable to purchase all of the securities in the Index in the approximate Index weight. In these circumstances, the Fund may purchase a sample of securities in the Index. There may also be instances in which the Investment Adviser may choose to underweight or overweight a security in the Fund’s Index, purchase securities not in the Fund’s Index that the Investment Adviser believes are appropriate to substitute for certain securities in such Index or utilize various combinations of other available investment techniques. The Fund may also invest up to 20% of its assets in securities and other instruments not included in the Index. as well as in, among other instruments, futures (including index futures), swaps, other derivatives, investment companies (including exchange-traded funds (ETFs), preferred stocks, warrants and rights, cash and cash equivalents and money market instruments. FUND MANAGEMENT: Goldman Sachs Asset Management, L.P. is the investment adviser for the Fund (GSAM).
|
IPO - 11/1/2016 -
Link to IPO Prospectus
Micro Cap Stock -
Market Value $25.7 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 200 West Street, New York, NY 10282 |
| Main Phone Number |
212-902-1000 |
| Fax Number |
Not Available |
| Investor Relations
|
866-473-8637
|
| Toll Free Phone Number |
800-621-2550 |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
