Goldman Sachs Asset Management yesterday unveiled two funds today: a managed futures fund and a short duration income fund. These launches follow the launch of a rising dividend growth fund on Monday.
The Goldman Sachs Managed Futures Strategy Fund (Class A Shares: GMSAX), will identify price trends in various asset classes over short-, medium-, and long-term horizons via a proprietary investment model, according to a Securities and Exchange Commission filing. To do this, the fund will play in a wide variety of assets including equities, fixed-income and currency assets. It will also include many derivatives, such as equity index futures, bond futures, equity and interest-rate swaps, currency forwards and options.