The GS Defensive Equity ETF (GDEF) is an exchange-traded fund that seeks to provide investors with exposure to US equities with lower volatility and stronger defensive characteristics. The ETF is managed by Goldman Sachs Asset Management and seeks to invest in companies with stable earnings, low debt levels, and strong cash flows.
As of February 2023, the GS Defensive Equity ETF has a net asset value (NAV) of approximately $660 million and is trading on the New York Stock Exchange (NYSE) under the ticker symbol "GDEF." The fund has an expense ratio of 0.35%, which is relatively low compared to other equity ETFs.
Investors in the GS Defensive Equity ETF should be aware of the risks associated with investing in equities, including the potential for market volatility, changes in economic conditions, and company-specific risk. Additionally, the ETF's focus on defensive characteristics could result in lower returns compared to traditional equity ETFs during periods of market strength. However, the ETF's exposure to US equities with lower volatility and stronger defensive characteristics could make it a suitable option for investors seeking to reduce the impact of market volatility on their investment portfolio. Investors should conduct their own research and analysis before investing in any ETF.
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