Goldman Sachs Satellite Strategies’ management team has stabilized recently, but it follows a questionable process that tilts heavily toward risky assets and can lead to significant drawdowns, warranting the continuation of a Morningstar Analyst Rating of Neutral for most share classes, while its pricey C shares retain a Negative rating.
Will GXSTX 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 GXSTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GXSTX 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 GXSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.