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3 Goldman Sachs Mutual Funds for Stellar Gains

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Incepted in 1988, Goldman Sachs Asset Management (GSAM) seeks to provide financial services, including investment and advisory solutions, and risk-management expertise to institutional and individual investors throughout the globe.

With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies. It has more than 2,000 professionals in 30 offices worldwide. The fund family develops investment strategies with respect to geographical regions, industries and asset classes.

Below we share with you three top-ranked Goldman Sachs mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of funds.

Goldman Sachs U.S. Mortgages Fund Class A Shares (GSUAX - Free Report) aims for a high level of total return consisting of income and capital appreciation. The fund invests majority of its net assets in securities representing direct or indirect interests or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. GSUAX has three-year annualized returns of 4.2%.

Christopher J. Creed is one of the fund managers of GSUAX since 2009.

Goldman Sachs Growth and Income Strategy Portfolio Class A (GOIAX - Free Report) fund aims for long-term capital appreciation and current income. The fund invests majority of assets in underlying equity funds. While 15% of its assets are invested in the underlying dynamic funds, approximately 30% of its assets are invested in fixed income funds. GOIAX has three-year annualized returns of 6.8%.

GOIAX has an expense ratio of 1.05% as compared to the category average of 1.36%.

Goldman Sachs International Equity ESG Fund Investor Class (GIRNX - Free Report) targets long-term capital appreciation. The fund invests majority of assets in a diversified portfolio of equity investments in non-U.S. issuers that the Investment Adviser believes adhere to the fund's environmental, social and governance (ESG) criteria. GIRNX has three-year annualized returns of 10.4%.

As of the end of December 2020, GIRNX held 44 issues with 4.1% of its assets invested in Bnp Paribas.

To view the Zacks Rank and the past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds.

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