GSID Profile
The Goldman Sachs MarketBeta International Equity ETF is strategically designed to provide investors with exposure to a diversified array of international equities, focusing on large and mid-capitalization companies across developed markets, excluding North America. The fund's investment strategy mandates that at least 80% of its assets be allocated to securities that are constituents of its underlying index. This includes direct investments in these securities, depositary receipts representing these securities, and underlying stocks corresponding to such depositary receipts.
The underlying index for the ETF is composed of equity securities from large and mid-cap companies that represent approximately 85% of the free-float market capitalization in developed markets outside of North America. This index aims to capture the broad performance of key international markets, offering investors a comprehensive view of global equities outside the U.S. and Canada. The large and mid-cap focus ensures that the ETF covers a significant portion of the market capitalization, providing a robust snapshot of international economic activity.
By focusing on developed markets beyond North America, the fund seeks to provide diversified global exposure, leveraging the growth potential and stability of established economies. The ETF's investment strategy includes a balanced mix of large-cap and mid-cap stocks, which helps in capturing a wide range of investment opportunities while managing risk. This broad market approach is designed to align with investors looking for international diversification in their equity portfolios.
The Goldman Sachs MarketBeta International Equity ETF utilizes a market-capitalization-weighted approach to reflect the performance of the underlying index. This methodology allows the fund to represent a significant portion of the global market, excluding North American equities. The ETF’s strategy is aimed at investors who seek diversified exposure to international equities with a focus on established markets, offering a comprehensive investment solution for global equity allocation.
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