A reconfigured set of decision-makers at Goldman Sachs Satellite Strategies now runs a process that hasn’t provided an advantage to investors, resulting in a Morningstar Analyst Rating of Neutral for all share classes except for the most expensive C share, which is rated Negative.
Goldman Sachs Satellite Strategies Instl GXSIX
NAV / 1-Day Return
7.81
/
0.39
%
Total Assets
101.6 Mil
Adj. Expense Ratio
1.000%
Expense Ratio
1.000%
Fee Level
Above Average
Longest Manager Tenure
3.47
years
Category
Global Allocation
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
4.30%
Turnover
33%
Morningstar’s Fund Analysis GXSIX
Will GXSIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GXSIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GXSIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GXSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This unusual fund's noncore assets haven't benefitted investors in the way the firm envisioned.
