Goldman Sachs Absolute Return Tracker aims to replicate the risk/reward profile of the broader hedge universe using a combination of traditional and alternative risk factors. Even with this mix, the fund fails to provide an orthogonal, diversifying return that would otherwise be additive to a broader portfolio. It continues to earn a Morningstar Analyst rating of Neutral for all but its most expensive share class, which is rated Negative.
Will GCRTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GCRTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GCRTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GCRTX’s parent organization’s priorities and whether they’re in line with investors’ interests.