The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSDAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GSDAX 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 GSDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This team remains in transition.
Elbie Louw
Senior Analyst
Summary
Goldman Sachs Emerging Markets Debt continues to navigate a period of meaningful organizational change, warranting a measured stance.