Goldman Sachs Absolute Return Tracker employs a systematic process to mimic the aggregate returns of the hedge fund universe by using market factors and alternative risk premiums. The fund has maintained a 95% correlation to global equities, limiting its diversification benefits. Its Morningstar Analyst Rating remains at Neutral for its six cheaper share classes and Negative for its most expensive share class.
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.