Morningstar

Goldman Sachs Emerging Markets Equity Fund Service Class GEMSX

Morningstar Medalist Rating
Medalist Rating as of | See Goldman Sachs Investment Hub
  • NAV / 1-Day Return 33.08  /  +3.76 %
  • Total Assets 3.2B
  • Adj. Expense Ratio
    1.530%
  • Expense Ratio 1.540%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.32%
  • Turnover 43%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis GEMSX

Will GEMSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GEMSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GEMSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GEMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Recently lost a capable comanager.

Senior Analyst Ramanand Kothari

Ramanand Kothari

Senior Analyst

Summary

Goldman Sachs Emerging Markets Equity exhibits a balanced mix of strengths and challenges. The strategy recently lost its comanager and has experienced some staff turnover, which continues to support an Average People Pillar rating. It continues to employ a well-established quality-growth investment approach, with some recent enhancements in execution and risk management, which appear sensible but require ongoing monitoring. We retain its Process Pillar rating at Average.

by Ramanand Kothari
Rated on Published on

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Portfolio Holdings GEMSX

More GEMSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

12.21 353M
Technology

Samsung Electronics Co Ltd

6.63 191M
Technology

Tencent Holdings Ltd

4.56 132M
Communication Services

SK Hynix Inc

3.76 108M
Technology

Alibaba Group Holding Ltd Ordinary Shares

3.39 98M
Consumer Cyclical

Delta Electronics Inc

1.98 57M
Technology

Nu Holdings Ltd Ordinary Shares Class A

1.62 47M
Financial Services

ICICI Bank Ltd

1.58 46M
Financial Services

Petroleo Brasileiro SA Petrobras Participating Preferred

1.57 45M
Energy

KB Financial Group Inc

1.50 43M
Financial Services

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