Last updated: 12:55 / Tuesday, 3 May 2016
Effective May 1, 2016

Goldman Sachs Announces Simplified Pricing Structure for ActiveBeta ETFs

Imagen
Goldman Sachs Announces Simplified Pricing Structure for ActiveBeta ETFs
  • Effective May 1, 2016, a unitary management fee structure, together with a reduction in the management fee rate, will be implemented for the ActiveBeta Exchange-Traded Funds
  • The total annual Fund operating expenses will be of 0.09% for the U.S. Large Cap Equity and of 0.025% for the Europe, International and Japan Equity ETFs
  • The current expense limitation arrangement for the Goldman Sachs ActiveBeta Emerging Markets Equity ETF will be made permanent

Goldman Sachs Asset Management recently announced that it will implement changes to its fee and fee waiver arrangements for its ActiveBeta Exchange-Traded Funds. Effective May 1, 2016, a unitary management fee structure, together with a reduction in the management fee rate, will be implemented for the US Large Cap, European, international and Japan equities ActiveBeta ETFs.

Under the unitary fee structure, GSAM will be responsible for paying substantially all the expenses of each Fund. The total annual Fund operating expenses will be of 0.09% for the U.S. Large Cap Equity and of 0.025% for the Europe, International and Japan Equity ETFs.

Additionally, the current expense limitation arrangement for the Goldman Sachs ActiveBeta Emerging Markets Equity ETF will be made permanent. Under this arrangement, the Fund’s expenses are capped, subject to certain exclusions, at 0.45%.

menu
menu