0001193125-17-176238.txt : 20170519 0001193125-17-176238.hdr.sgml : 20170519 20170519122341 ACCESSION NUMBER: 0001193125-17-176238 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20170519 DATE AS OF CHANGE: 20170519 EFFECTIVENESS DATE: 20170519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS TRUST CENTRAL INDEX KEY: 0000822977 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17619 FILM NUMBER: 17857050 BUSINESS ADDRESS: STREET 1: 71 SOUTH WACKER DRIVE STREET 2: C/O GOLDMAN SACHS & CO CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126554400 MAIL ADDRESS: STREET 1: 200 WEST STREET CITY: NEW YORK STATE: NY ZIP: 10282 FORMER COMPANY: FORMER CONFORMED NAME: GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19910711 FORMER COMPANY: FORMER CONFORMED NAME: SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19900104 0000822977 S000009314 Goldman Sachs Balanced Strategy Portfolio C000190715 Class T Shares GIPFX 0000822977 S000009315 Goldman Sachs Capital Growth Fund C000190541 Class T GTSPX 0000822977 S000009316 Goldman Sachs Growth and Income Fund C000190542 Class T GTRGX 0000822977 S000009317 Goldman Sachs Large Cap Value Fund C000190543 Class T GCLTX 0000822977 S000009318 Goldman Sachs Strategic Growth Fund C000190544 Class T GGRTX 0000822977 S000009319 Goldman Sachs Concentrated Growth Fund C000190545 Class T GCOTX 0000822977 S000009320 Goldman Sachs Mid Cap Value Fund C000190546 Class T GTMVX 0000822977 S000009321 Goldman Sachs Growth Opportunities Fund C000190547 Class T GTGOX 0000822977 S000009322 Goldman Sachs Small/Mid Cap Growth Fund C000190548 Class T GSTMX 0000822977 S000009323 Goldman Sachs Small Cap Value Fund C000190549 Class T GTSQX 0000822977 S000009324 Goldman Sachs U.S. Equity Dividend and Premium Fund C000190756 Class T Shares GSPEX 0000822977 S000009325 Goldman Sachs Growth and Income Strategy Portfolio C000190716 Class T Shares GOIFX 0000822977 S000009336 Goldman Sachs Growth Strategy Portfolio C000190717 Class T Shares GGSFX 0000822977 S000009338 Goldman Sachs Equity Growth Strategy Portfolio C000190718 Class T Shares GAXTX 0000822977 S000009339 Goldman Sachs Technology Opportunities Fund C000190550 Class T GTOTX 0000822977 S000009340 Goldman Sachs U.S. Tax-Managed Equity Fund C000190757 Class T Shares GCTTX 0000822977 S000009341 Goldman Sachs Real Estate Securities Fund C000190758 Class T Shares GRELX 0000822977 S000012820 Goldman Sachs International Real Estate Securities Fund C000190759 Class T Shares GTINX 0000822977 S000015787 Goldman Sachs Commodity Strategy Fund C000190760 Class T Shares GCYTX 0000822977 S000015982 Goldman Sachs Satellite Strategies Portfolio C000190719 Class T Shares GXSFX 0000822977 S000018298 Goldman Sachs International Tax-Managed Equity Fund C000190761 Class T Shares GHTTX 0000822977 S000018299 Goldman Sachs International Equity Dividend and Premium Fund C000190762 Class T Shares GIDTX 0000822977 S000020314 Goldman Sachs Absolute Return Tracker Fund C000190763 Class T Shares GTRTX 0000822977 S000020773 Goldman Sachs Flexible Cap Growth Fund C000190551 Class T GFCTX 0000822977 S000027020 Goldman Sachs Dynamic Allocation Fund C000190764 Class T Shares GDATX 0000822977 S000034856 Goldman Sachs Managed Futures Strategy Fund C000190765 Class T Shares GFFTX 0000822977 S000035863 Goldman Sachs Focused Growth Fund C000190552 Class T GFGTX 0000822977 S000044015 Goldman Sachs Small/Mid Cap Value Fund C000190553 Class T GMVTX 0000822977 S000046852 Goldman Sachs Long Short Fund C000190707 Class T Shares GSLTX 0000822977 S000050285 Goldman Sachs Focused Value Fund C000190554 Class T GFVTX 0000822977 S000050577 Goldman Sachs Global Infrastructure Fund C000190766 Class T Shares GGBTX 0000822977 S000050578 Goldman Sachs Global Real Estate Securities Fund C000190767 Class T Shares GTGLX 497 1 d381236d497.htm GOLDMAN SACHS TRUST Goldman Sachs Trust

RULE 497 FILING

On behalf of the Goldman Sachs funds listed in Exhibit A (each a “Fund” and collectively the “Funds”), each Fund a series of Goldman Sachs Trust, and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information. The interactive data files included as exhibits to this filing relate to the supplement filed with the Securities and Exchange Commission on behalf of the Funds pursuant to Rule 497(e) on April 28, 2017 (Accession No. 0001193125-17-148960), which is incorporated by reference into this Rule 497 Filing.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Capital Growth Fund

Goldman Sachs Concentrated Growth Fund

Goldman Sachs Flexible Cap Growth Fund

Goldman Sachs Focused Growth Fund

Goldman Sachs Strategic Growth Fund

Goldman Sachs Growth Opportunities Fund

Goldman Sachs Small/Mid Cap Growth Fund

Goldman Sachs Technology Opportunities Fund

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Focused Value Fund

Goldman Sachs Growth and Income Fund

Goldman Sachs Large Cap Value Fund

Goldman Sachs Mid Cap Value Fund

Goldman Sachs Small Cap Value Fund

Goldman Sachs Small/Mid Cap Value Fund

Goldman Sachs Long Short Fund

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Balanced Strategy Portfolio

Goldman Sachs Equity Growth Strategy Portfolio

Goldman Sachs Growth and Income Strategy Portfolio

Goldman Sachs Growth Strategy Portfolio

Goldman Sachs Satellite Strategies Portfolio

Goldman Sachs Select Satellite Funds

Goldman Sachs Absolute Return Tracker Fund

Goldman Sachs Commodity Strategy Fund

Goldman Sachs Dynamic Allocation Fund

Goldman Sachs Managed Futures Strategy Fund

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs International Real Estate Securities Fund

Goldman Sachs Real Estate Securities Fund

Goldman Sachs Global Real Estate Securities Fund

Goldman Sachs Global Infrastructure Fund

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs U.S. Equity Dividend and Premium Fund

Goldman Sachs International Equity Dividend and Premium Fund

Goldman Sachs U.S. Tax-Managed Equity Fund

Goldman Sachs International Tax-Managed Equity Fund

EX-101.INS 2 gst1-20170428.xml XBRL INSTANCE DOCUMENT 0000822977 2017-04-28 2017-04-28 0000822977 gst1:S000009314Member 2017-04-28 2017-04-28 0000822977 gst1:S000009315Member 2017-04-28 2017-04-28 0000822977 gst1:S000009316Member 2017-04-28 2017-04-28 0000822977 gst1:S000009317Member 2017-04-28 2017-04-28 0000822977 gst1:S000009318Member 2017-04-28 2017-04-28 0000822977 gst1:S000009319Member 2017-04-28 2017-04-28 0000822977 gst1:S000009320Member 2017-04-28 2017-04-28 0000822977 gst1:S000009321Member 2017-04-28 2017-04-28 0000822977 gst1:S000009322Member 2017-04-28 2017-04-28 0000822977 gst1:S000009323Member 2017-04-28 2017-04-28 0000822977 gst1:S000009324Member 2017-04-28 2017-04-28 0000822977 gst1:S000009325Member 2017-04-28 2017-04-28 0000822977 gst1:S000009336Member 2017-04-28 2017-04-28 0000822977 gst1:S000009338Member 2017-04-28 2017-04-28 0000822977 gst1:S000009339Member 2017-04-28 2017-04-28 0000822977 gst1:S000009340Member 2017-04-28 2017-04-28 0000822977 gst1:S000009341Member 2017-04-28 2017-04-28 0000822977 gst1:S000012820Member 2017-04-28 2017-04-28 0000822977 gst1:S000015787Member 2017-04-28 2017-04-28 0000822977 gst1:S000015982Member 2017-04-28 2017-04-28 0000822977 gst1:S000018298Member 2017-04-28 2017-04-28 0000822977 gst1:S000018299Member 2017-04-28 2017-04-28 0000822977 gst1:S000020314Member 2017-04-28 2017-04-28 0000822977 gst1:S000020773Member 2017-04-28 2017-04-28 0000822977 gst1:S000027020Member 2017-04-28 2017-04-28 0000822977 gst1:S000034856Member 2017-04-28 2017-04-28 0000822977 gst1:S000035863Member 2017-04-28 2017-04-28 0000822977 gst1:S000044015Member 2017-04-28 2017-04-28 0000822977 gst1:S000046852Member 2017-04-28 2017-04-28 0000822977 gst1:S000050285Member 2017-04-28 2017-04-28 0000822977 gst1:S000050577Member 2017-04-28 2017-04-28 0000822977 gst1:S000050578Member 2017-04-28 2017-04-28 2017-04-28 497 2017-04-28 GOLDMAN SACHS TRUST 0000822977 false 2017-04-28 2017-04-28 <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p><br/> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Capital Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Concentrated Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Flexible Cap Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Focused Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Strategic Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth Opportunities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small/Mid Cap Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Technology Opportunities Fund </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Focused Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth and Income Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Large Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Mid Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small/Mid Cap Value Fund </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Long Short Fund </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Balanced Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Equity Growth Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth and Income Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Satellite Strategies Portfolio </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Select Satellite Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Absolute Return Tracker Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Commodity Strategy Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Dynamic Allocation Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Managed Futures Strategy Fund </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Real Estate Securities and Global Infrastructure Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Real Estate Securities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Real Estate Securities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Global Real Estate Securities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Global Infrastructure Fund </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Tax-Advantaged Equity Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs U.S. Equity Dividend and Premium Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Equity Dividend and Premium Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs U.S. Tax-Managed Equity Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Tax-Managed Equity Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Balanced Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Capital Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth and Income Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Large Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Strategic Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Concentrated Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Mid Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth Opportunities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small/Mid Cap Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Tax-Advantaged Equity Fundss </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs U.S. Equity Dividend and Premium Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth and Income Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Growth Strategy Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Equity Growth Strategy Portfolio</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Technology Opportunities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Tax-Advantaged Equity Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs U.S. Tax-Managed Equity Fund</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Real Estate Securities and Global Infrastructure Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Real Estate Securities Fund</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Real Estate Securities and Global Infrastructure Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Real Estate Securities Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Select Satellite Funds</b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Commodity Strategy Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Funds of Funds Portfolios </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Satellite Strategies Portfolio </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Tax-Advantaged Equity Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Tax-Managed Equity Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Tax-Advantaged Equity Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs International Equity Dividend and Premium Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Select Satellite Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Absolute Return Tracker Fund</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Flexible Cap Growth Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Select Satellite Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Dynamic Allocation Fund</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Select Satellite Funds</b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Managed Futures Strategy Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Growth Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Focused Growth Fund</p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Small/Mid Cap Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Long Short Fund </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Fundamental Equity Value Funds</b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Focused Value Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; ">Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust. </p> <br/><p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>EXHIBIT A </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Goldman Sachs Real Estate Securities and Global Infrastructure Funds </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">Goldman Sachs Global Infrastructure Fund </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center">Supplement dated April&nbsp;28, 2017 to the </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information, </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">each dated April&nbsp;28, 2017, for each applicable Goldman Sachs Fund that has </p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center">Class T Shares, as listed on Exhibit A (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </p> <p style="margin-top:18pt; margin-bottom:0pt; 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Risk/Return: rr_RiskReturnAbstract  
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Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Central Index Key dei_EntityCentralIndexKey 0000822977
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Document Creation Date dei_DocumentCreationDate Apr. 28, 2017
Document Effective Date dei_DocumentEffectiveDate Apr. 28, 2017
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Apr. 28, 2017

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.                                                                                                              


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Capital Growth Fund

Goldman Sachs Concentrated Growth Fund

Goldman Sachs Flexible Cap Growth Fund

Goldman Sachs Focused Growth Fund

Goldman Sachs Strategic Growth Fund

Goldman Sachs Growth Opportunities Fund

Goldman Sachs Small/Mid Cap Growth Fund

Goldman Sachs Technology Opportunities Fund

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Focused Value Fund

Goldman Sachs Growth and Income Fund

Goldman Sachs Large Cap Value Fund

Goldman Sachs Mid Cap Value Fund

Goldman Sachs Small Cap Value Fund

Goldman Sachs Small/Mid Cap Value Fund

Goldman Sachs Long Short Fund

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Balanced Strategy Portfolio

Goldman Sachs Equity Growth Strategy Portfolio

Goldman Sachs Growth and Income Strategy Portfolio

Goldman Sachs Growth Strategy Portfolio

Goldman Sachs Satellite Strategies Portfolio

Goldman Sachs Select Satellite Funds

Goldman Sachs Absolute Return Tracker Fund

Goldman Sachs Commodity Strategy Fund

Goldman Sachs Dynamic Allocation Fund

Goldman Sachs Managed Futures Strategy Fund

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs International Real Estate Securities Fund

Goldman Sachs Real Estate Securities Fund

Goldman Sachs Global Real Estate Securities Fund

Goldman Sachs Global Infrastructure Fund

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs U.S. Equity Dividend and Premium Fund

Goldman Sachs International Equity Dividend and Premium Fund

Goldman Sachs U.S. Tax-Managed Equity Fund

Goldman Sachs International Tax-Managed Equity Fund

XML 11 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Apr. 28, 2017
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.                                                                                                              


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Capital Growth Fund

Goldman Sachs Concentrated Growth Fund

Goldman Sachs Flexible Cap Growth Fund

Goldman Sachs Focused Growth Fund

Goldman Sachs Strategic Growth Fund

Goldman Sachs Growth Opportunities Fund

Goldman Sachs Small/Mid Cap Growth Fund

Goldman Sachs Technology Opportunities Fund

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Focused Value Fund

Goldman Sachs Growth and Income Fund

Goldman Sachs Large Cap Value Fund

Goldman Sachs Mid Cap Value Fund

Goldman Sachs Small Cap Value Fund

Goldman Sachs Small/Mid Cap Value Fund

Goldman Sachs Long Short Fund

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Balanced Strategy Portfolio

Goldman Sachs Equity Growth Strategy Portfolio

Goldman Sachs Growth and Income Strategy Portfolio

Goldman Sachs Growth Strategy Portfolio

Goldman Sachs Satellite Strategies Portfolio

Goldman Sachs Select Satellite Funds

Goldman Sachs Absolute Return Tracker Fund

Goldman Sachs Commodity Strategy Fund

Goldman Sachs Dynamic Allocation Fund

Goldman Sachs Managed Futures Strategy Fund

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs International Real Estate Securities Fund

Goldman Sachs Real Estate Securities Fund

Goldman Sachs Global Real Estate Securities Fund

Goldman Sachs Global Infrastructure Fund

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs U.S. Equity Dividend and Premium Fund

Goldman Sachs International Equity Dividend and Premium Fund

Goldman Sachs U.S. Tax-Managed Equity Fund

Goldman Sachs International Tax-Managed Equity Fund

Goldman Sachs Capital Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Capital Growth Fund

Goldman Sachs Concentrated Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Concentrated Growth Fund

Goldman Sachs Flexible Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Flexible Cap Growth Fund

Goldman Sachs Focused Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Focused Growth Fund

Goldman Sachs Strategic Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Strategic Growth Fund

Goldman Sachs Growth Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Growth Opportunities Fund

Goldman Sachs Small/Mid Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Small/Mid Cap Growth Fund

Goldman Sachs Technology Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Growth Funds

Goldman Sachs Technology Opportunities Fund

Goldman Sachs Focused Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Focused Value Fund

Goldman Sachs Growth and Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Growth and Income Fund

Goldman Sachs Large Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Large Cap Value Fund

Goldman Sachs Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Mid Cap Value Fund

Goldman Sachs Small Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Small Cap Value Fund

Goldman Sachs Small/Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Fundamental Equity Value Funds

Goldman Sachs Small/Mid Cap Value Fund

Goldman Sachs Long Short Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Long Short Fund

Goldman Sachs Balanced Strategy Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Balanced Strategy Portfolio

Goldman Sachs Equity Growth Strategy Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Equity Growth Strategy Portfolio

Goldman Sachs Growth and Income Strategy Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Growth and Income Strategy Portfolio

Goldman Sachs Growth Strategy Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Growth Strategy Portfolio

Goldman Sachs Satellite Strategies Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Funds of Funds Portfolios

Goldman Sachs Satellite Strategies Portfolio

Goldman Sachs Absolute Return Tracker Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Select Satellite Funds

Goldman Sachs Absolute Return Tracker Fund

Goldman Sachs Commodity Strategy Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Select Satellite Funds

Goldman Sachs Commodity Strategy Fund

Goldman Sachs Dynamic Allocation Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Select Satellite Funds

Goldman Sachs Dynamic Allocation Fund

Goldman Sachs Managed Futures Strategy Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Select Satellite Funds

Goldman Sachs Managed Futures Strategy Fund

Goldman Sachs International Real Estate Securities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs International Real Estate Securities Fund

Goldman Sachs Real Estate Securities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs Real Estate Securities Fund

Goldman Sachs Global Real Estate Securities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs Global Real Estate Securities Fund

Goldman Sachs Global Infrastructure Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Real Estate Securities and Global Infrastructure Funds

Goldman Sachs Global Infrastructure Fund

Goldman Sachs U.S. Equity Dividend and Premium Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Tax-Advantaged Equity Fundss

Goldman Sachs U.S. Equity Dividend and Premium Fund

Goldman Sachs International Equity Dividend and Premium Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs International Equity Dividend and Premium Fund

Goldman Sachs U.S. Tax-Managed Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs U.S. Tax-Managed Equity Fund

Goldman Sachs International Tax-Managed Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst1_SupplementTextBlock

GOLDMAN SACHS TRUST

Supplement dated April 28, 2017 to the

Summary Prospectuses, Statutory Prospectuses and Statements of Additional Information,

each dated April 28, 2017, for each applicable Goldman Sachs Fund that has

Class T Shares, as listed on Exhibit A (each, a “Fund” and, collectively, the “Funds”)

Class T Shares for the Funds listed in Exhibit A are not currently offered by the Goldman Sachs Trust.


EXHIBIT A

Goldman Sachs Tax-Advantaged Equity Funds

Goldman Sachs International Tax-Managed Equity Fund

XML 12 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Apr. 28, 2017
Document Creation Date dei_DocumentCreationDate Apr. 28, 2017
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