Goldman Reopens Mid-Cap Fund
Goldman Sachs Asset Management is opening up the flood gates to its Goldman Sachs Mid Cap Value Fund (GCMCX, GSMCX, GCMRX), according to a regulatory filing.
The $8.5 billion fund bets on equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of the Russell Midcap Value Index. Its portfolio managers are Andrew Braun and Sean Gallagher. It launched in August 1995 and sports an expense ratio of 75 basis points.
A spokesman for GSAM was not immediately available to comment on the fund’s reopening.
GSAM currently manages some $716 billion in total assets.
