Goldman Sachs Emerging Markets Fund Class A (GEMAX)
Goldman Sachs Emerging Markets Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $34.41, up 0.12% on the session, giving a market capitalisation of $2.38B. On trailing twelve-month figures it carries a trailing P/E of 1.50, a net margin of 17.4%. Its beta of 1.05 implies it has historically moved more than the broad market.
The fund primarily seeks to achieve substantial long-term capital appreciation. It dedicates at least 80% of its net assets, including any borrowed funds for investment purposes, to equity securities issued by companies in emerging economies. These investments are spread across a minimum of six different emerging nations. Up to 20% of its net assets may also be allocated to a combination of: (i) fixed-income instruments from both private and governmental entities in emerging countries, and (ii) a range of equity and debt obligations (such as government, corporate, and bank-issued securities) from developed nations. This fund operates on a non-diversified basis.
Goldman Sachs Emerging Markets Fund Class A is most often compared with the following Financial Services names: