According to Goldman, the fund offers exposure to a range of alternative and nontraditional investment strategies within the structure of a mutual fund. Goldman expects the fund to invest in a wide range of strategies, including equity long-short, dynamic equity, event-driven and credit, relative value, tactical-trading, and opportunistic fixed income strategies.
“We believe today’s complex markets require sophisticated investment techniques that can enhance a traditional portfolio, and bring investors closer to their long term goals,” said Jason Gottlieb, the fund’s co-portfolio manager. “We are excited to offer investors the Goldman Sachs Multi-Manager Alternatives Fund to complement core portfolio holdings, by providing a comprehensive alternative investment solution that may improve risk-adjusted returns and diversify a portfolio.”
Co-Portfolio Manager Ryan Roderick added, “We look forward to extending the capabilities of our large team and our experience in manager selection, portfolio construction and risk management to the daily liquid alternatives market. We believe our dedicated alternatives expertise, combined with GSAM’s established mutual fund business, will provide a differentiated solution for our investors.”
The fund is offered in Class A and Class C Shares, both with $1,000 minimum initial investments. It also offers Institutional, Class R and Class IR Shares.
For more information about the fund, call 1-800-526-7384 or visit the GSAM website at http://www.gsam.com.