GOLDMAN SACHS TRUST
Supplement dated November 2, 2017
to the current Prospectuses, Summary Prospectuses and Statements of Additional Information for each applicable Goldman Sachs Fund that has Class R6 Shares,
as listed on Exhibit A (each, a Fund and, collectively, the Funds)
Goldman Sachs Trust (the Trust), on behalf of the Funds, has modified certain eligibility requirements applicable to investors who purchase Class R6 Shares of the Funds. Effective December 2, 2017, Class R6 Shares generally will be available to the following investors who purchase shares of the Funds through certain intermediaries that have a contractual relationship with Goldman Sachs & Co. LLC (Goldman Sachs, Distributor or Transfer Agent), including banks, trust companies, brokers, registered investment advisers and other financial institutions (Intermediaries), using a plan level or omnibus account, unless otherwise noted below.
⬛ | Investors who purchase Class R6 Shares through asset-based fee programs of certain Intermediaries that have entered into a contractual relationship with the Distributor to offer Class R6 Shares through such programs; |
⬛ | Section 401(k), 403(b), 457, profit sharing, money purchase pension, tax-sheltered annuity, defined benefit pension, non-qualified deferred compensation plans and non-qualified pension plans or other employee benefit plans (including health savings accounts) or SIMPLE plans that are sponsored by one or more employers (including governmental or church employers) or employee organizations (Employee Benefit Plans); |
⬛ | Registered investment companies or bank collective trusts; |
⬛ | Institutional investors, including companies, foundations, endowments, municipalities, trusts and other entities, investing at least $5,000,000 directly with the Transfer Agent; and |
⬛ | Other investors at the discretion of the Trusts officers. |
Notwithstanding anything to the contrary, for the purposes of Class R6 Shares eligibility, the term Intermediary does not include Goldman Sachs or its affiliates and Class R6 Shares will not be available to clients of Goldman Sachs Private Wealth Management, The Goldman Sachs Trust Company, N.A., The Goldman Sachs Trust Company of Delaware or The Ayco Company, L.P.
This Supplement should be retained with your Prospectus, Summary Prospectus, and Statement of Additional Information for future reference.
R6SHRESDISTR 10-17
Exhibit A
Goldman Sachs Absolute Return Multi-Asset Fund
Goldman Sachs Absolute Return Tracker Fund
Goldman Sachs Balanced Strategy Portfolio
Goldman Sachs Bond Fund
Goldman Sachs Capital Growth Fund
Goldman Sachs Commodity Strategy Fund
Goldman Sachs Concentrated Growth Fund
Goldman Sachs Core Fixed Income Fund
Goldman Sachs Alternative Premia Fund
Goldman Sachs Blue Chip Fund
Goldman Sachs Emerging Markets Debt Fund
Goldman Sachs Emerging Markets Equity Fund
Goldman Sachs Emerging Markets Equity Insights Fund
Goldman Sachs Enhanced Income Fund
Goldman Sachs Equity Growth Strategy Portfolio
Goldman Sachs Equity Income Fund
Goldman Sachs Financial Square Government Fund
Goldman Sachs Flexible Cap Fund
Goldman Sachs Focused International Equity Fund
Goldman Sachs Focused Value Fund
Goldman Sachs Global Income Fund
Goldman Sachs Global Infrastructure Fund
Goldman Sachs Global Real Estate Securities Fund
Goldman Sachs Government Income Fund
Goldman Sachs Growth and Income Strategy Portfolio
Goldman Sachs Growth Opportunities Fund
Goldman Sachs Growth Strategy Portfolio
Goldman Sachs High Quality Floating Rate Fund
Goldman Sachs High Yield Fund
Goldman Sachs Income Builder Fund
Goldman Sachs Inflation Protected Securities Fund
Goldman Sachs International Equity Insights Fund
Goldman Sachs International Real Estate Securities Fund
Goldman Sachs International Small Cap Insights Fund
Goldman Sachs Investment Grade Credit Fund
Goldman Sachs Large Cap Growth Insights Fund
Goldman Sachs Large Cap Value Fund
Goldman Sachs Large Cap Value Insights Fund
Goldman Sachs Mid Cap Value Fund
Goldman Sachs MLP & Energy Fund
Goldman Sachs Real Estate Securities Fund
Goldman Sachs Satellite Strategies Portfolio
Goldman Sachs Short Duration Government Fund
Goldman Sachs Short Duration Income Fund
Goldman Sachs Small Cap Equity Insights Fund
Goldman Sachs Small Cap Growth Insights Fund
Goldman Sachs Small Cap Value Fund
Goldman Sachs Small Cap Value Insights Fund
Goldman Sachs Small/Mid Cap Growth Fund
Goldman Sachs Small/Mid Cap Value Fund
Goldman Sachs Strategic Growth Fund
Goldman Sachs Strategic Income Fund
Goldman Sachs Strategic International Equity Fund
Goldman Sachs Tactical Exposure Fund
Goldman Sachs U.S. Equity Insights Fund
Goldman Sachs U.S. Mortgages Fund