0001193125-18-017460.txt : 20180123 0001193125-18-017460.hdr.sgml : 20180123 20180123163653 ACCESSION NUMBER: 0001193125-18-017460 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 56 FILED AS OF DATE: 20180123 DATE AS OF CHANGE: 20180123 EFFECTIVENESS DATE: 20180123 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-17619 FILM NUMBER: 18542758 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 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05349 FILM NUMBER: 18542759 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 S000009315 Goldman Sachs Capital Growth Fund C000025453 Institutional GSPIX C000025454 Service GSPSX C000025455 Class A GSCGX C000025457 Class C GSPCX C000055743 Class R GSPRX C000055744 Investor Shares GSPTX C000159652 Class R6 Shares GSPUX C000190541 Class T GTSPX 0000822977 S000009316 Goldman Sachs Equity Income Fund C000025459 Institutional GSIIX C000025460 Service GSGSX C000025461 Class A GSGRX C000025463 Class C GSGCX C000055745 Class R GRGRX C000055746 Investor Shares GRGTX C000159653 Class R6 Shares GRGUX C000190542 Class T GTRGX 0000822977 S000009317 Goldman Sachs Large Cap Value Fund C000025465 Institutional GSLIX C000025466 Service GSVSX C000025467 Class A GSLAX C000025469 Class C GSVCX C000055747 Class R GSVRX C000055748 Investor Shares GSVTX C000159654 Class R6 Shares GSVUX C000190543 Class T GCLTX 0000822977 S000009318 Goldman Sachs Strategic Growth Fund C000025471 Institutional GSTIX C000025472 Service GSTSX C000025473 Class A GGRAX C000025475 Class C GGRCX C000055749 Class R GSTRX C000055750 Investor Shares GSTTX C000159655 Class R6 Shares GGRUX C000190544 Class T GGRTX 0000822977 S000009319 Goldman Sachs Concentrated Growth Fund C000025477 Institutional GCRIX C000025479 Class A GCGAX C000025481 Class C GCGCX C000058381 Class R GGCRX C000058382 Investor Shares GGCTX C000159656 Class R6 Shares GCGUX C000190545 Class T GCOTX 0000822977 S000009320 Goldman Sachs Mid Cap Value Fund C000025483 Institutional GSMCX C000025484 Service GSMSX C000025485 Class A GCMAX C000025487 Class C GCMCX C000055751 Investor Shares GCMTX C000055752 Class R GCMRX C000159657 Class R6 Shares GCMUX C000190546 Class T GTMVX 0000822977 S000009321 Goldman Sachs Growth Opportunities Fund C000025489 Institutional GGOIX C000025490 Service GGOSX C000025491 Class A GGOAX C000025493 Class C GGOCX C000055753 Class R GGORX C000055754 Investor Shares GGOTX C000161552 Class R6 Shares GGOUX C000190547 Class T GTGOX 0000822977 S000009322 Goldman Sachs Small/Mid Cap Growth Fund C000025495 Institutional GSMYX C000025496 Service GSMQX C000025497 Class A GSMAX C000025499 Class C GSMGX C000055755 Class R GTMRX C000055756 Investor Shares GTMTX C000161553 Class R6 Shares GTMUX C000190548 Class T GSTMX 0000822977 S000009323 Goldman Sachs Small Cap Value Fund C000025501 Institutional GSSIX C000025502 Service GSSSX C000025503 Class A GSSMX C000025505 Class C GSSCX C000055757 Class R GSQRX C000055758 Investor Shares GSQTX C000159658 Class R6 Shares GSSUX C000190549 Class T GTSQX 0000822977 S000009339 Goldman Sachs Technology Opportunities Fund C000025595 Institutional GITIX C000025596 Service GITSX C000025597 Class A GITAX C000025599 Class C GITCX C000092626 Investor Shares GISTX C000190550 Class T GTOTX C000196989 Class R6 Shares GTORX 0000822977 S000020773 Goldman Sachs Flexible Cap Fund C000058009 Class A Shares GALLX C000058010 Class C Shares GCLLX C000058011 Institutional Shares GILLX C000058012 Class R Shares GRLLX C000058013 Investor Shares GSLLX C000159659 Class R6 Shares GFCUX C000190551 Class T GFCTX 0000822977 S000026933 Goldman Sachs Blue Chip Fund C000081145 Class A GAGVX C000081146 Class C GCGVX C000081147 Institutional GINGX C000081148 Class R GRGVX C000081149 Investor Shares GIRGX C000161554 Class R6 Shares GDEUX 0000822977 S000044015 Goldman Sachs Small/Mid Cap Value Fund C000136623 Class A GMVAX C000136624 Class C GMVCX C000136625 Institutional GSMVX C000136626 Investor Shares GMVIX C000136627 Class R GMVRX C000161556 Class R6 Shares GMCUX C000190553 Class T GMVTX 0000822977 S000050285 Goldman Sachs Focused Value Fund C000158768 Class A Shares GFVAX C000158769 Class C Shares GFVCX C000158770 Institutional Shares GFVSX C000158771 Investor Shares GFVIX C000158772 Class R Shares GFVRX C000158773 Class R6 Shares GFVUX C000190554 Class T GFVTX 485BPOS 1 d445075d485bpos.htm GOLDMAN SACHS TRUST Goldman Sachs Trust

As filed with the Securities and Exchange Commission on January 23, 2018

1933 Act Registration No. 33-17619

1940 Act Registration No. 811-05349

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933  
Pre-Effective Amendment No.  
Post-Effective Amendment No. 649  

and/or

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940  
Amendment No. 650  

(Check appropriate box or boxes)

 

 

GOLDMAN SACHS TRUST

(Exact Name of Registrant as Specified in Charter)

 

 

71 South Wacker Drive

Chicago, Illinois 60606

(Address of Principal Executive Offices)

Registrant’s Telephone Number, including Area Code: (312) 655-4400

 

 

CAROLINE L. KRAUS, ESQ.

Goldman Sachs & Co. LLC

200 West Street

New York, New York 10282

(Name and Address of Agent for Service)

Copies to:

STEPHEN H. BIER, ESQ.

Dechert LLP

1095 Avenue of the Americas

New York, NY 10036

 

 

Approximate Date of Proposed Public Offering: As soon as practicable after the effective date of the registration statement

It is proposed that this filing will become effective (check appropriate box)

 

immediately upon filing pursuant to paragraph (b)
on (date) pursuant to paragraph (b)
60 days after filing pursuant to paragraph (a)(1)
on (date) pursuant to paragraph (a)(1)
75 days after filing pursuant to paragraph (a)(2)
on (date) pursuant to paragraph (a)(2) of rule 485.

If appropriate, check the following box:

 

this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


This filing relates solely to the following series and classes of the Registrant:

Class A Shares, Class C Shares, Institutional Shares, Investor Shares, Service Shares, Class R Shares, Class R6 Shares and Class T Shares of the Goldman Sachs Capital Growth Fund, Goldman Sachs Strategic Growth Fund, Goldman Sachs Growth Opportunities Fund, Goldman Sachs Small/Mid Cap Growth Fund, Goldman Sachs Equity Income Fund (formerly, Goldman Sachs Growth and Income Fund), Goldman Sachs Large Cap Value Fund, Goldman Sachs Mid Cap Value Fund and Goldman Sachs Small Cap Value Fund;

Class A Shares, Class C Shares, Institutional Shares, Investor Shares, Class R Shares, Class R6 Shares and Class T Shares of the Goldman Sachs Flexible Cap Fund (formerly, Goldman Sachs Flexible Cap Growth Fund), Goldman Sachs Concentrated Growth Fund, Goldman Sachs Small/Mid Cap Value Fund and Goldman Sachs Focused Value Fund;

Class A Shares, Class C Shares, Institutional Shares, Investor Shares, Class R Shares, and Class R6 Shares of the Goldman Sachs Blue Chip Fund (formerly, Goldman Sachs Dynamic U.S. Equity Fund); and

Class A Shares, Class C Shares, Institutional Shares, Investor Shares, Service Shares, Class R6 Shares and Class T Shares of the Goldman Sachs Technology Opportunities Fund.

 


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this Post-Effective Amendment No. 649 under Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 649 to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City and State of New York on the 23rd day of January, 2018.

 

GOLDMAN SACHS TRUST
(A Delaware statutory trust)
By:  

/s/ Caroline L. Kraus                                    

Caroline L. Kraus,

  Secretary

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to said Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

 

Name

  

Title

 

Date

1James A. McNamara                                          

James A. McNamara

   President (Chief Executive Officer) and Trustee   January 23, 2018

1Scott M. McHugh                                              

Scott M. McHugh

   Treasurer, Senior Vice President and Principal Financial Officer   January 23, 2018

1Joseph F. DiMaria                                              

Joseph F. DiMaria

   Principal Accounting Officer   January 23, 2018

1Kathryn A. Cassidy                                            

Kathryn A. Cassidy

   Trustee   January 23, 2018

1Diana M. Daniels                                               

Diana M. Daniels

   Trustee   January 23, 2018

1Herbert J. Markley                                             

Herbert J. Markley

   Trustee   January 23, 2018

1Jessica Palmer                                                     

Jessica Palmer

   Chair and Trustee   January 23, 2018

1Roy W. Templin                                                 

Roy W. Templin

   Trustee   January 23, 2018

1Gregory G. Weaver                                             

Gregory G. Weaver

   Trustee   January 23, 2018

 

By:  

/s/ Caroline L. Kraus                                    

Caroline L. Kraus,

  Attorney-In-Fact

 

1  Pursuant to powers of attorney previously filed.

 


CERTIFICATE

The undersigned Secretary for Goldman Sachs Trust (the “Trust”) hereby certifies that the Board of Trustees of the Trust duly adopted the following resolution at a meeting of the Board held on June 14-15, 2017.

RESOLVED, that the Trustees and Officers of the Trust who may be required to execute any amendments to the Trust’s Registration Statement be, and each hereby is, authorized to execute a power of attorney appointing James A. McNamara, Caroline L. Kraus and Robert Griffith, jointly and severally, their attorneys-in-fact, each with power of substitution, for said Trustees and Officers in any and all capacities to sign the Registration Statement under the Securities Act of 1933 and the Investment Company Act of 1940 of the Trust and any and all amendments to such Registration Statement, and to file the same, with exhibits thereto, and other documents in connection therewith, with the SEC, the Trustees and Officers hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or may have caused to be done by virtue hereof.

Dated: January 23, 2018

 

/s/ Caroline L. Kraus                                             

Caroline L. Kraus

Secretary

 


EXHIBIT INDEX

 

EX-101.INS    XBRL Instance Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.CAL    XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase
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You may qualify for sales charge discounts on purchases of Class A Shares if you invest at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 46 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/>(fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/>(expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br /><br />This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2017 was 77% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments of &#8220;blue chip&#8221; companies. Blue chip companies are companies that, in the Investment Adviser&#8217;s view, enjoy characteristics that include strong market positions, seasoned management teams, solid financial fundamentals and high-quality reputations. Although blue chip companies generally have large or medium market capitalizations, the Investment Adviser may invest in companies that it believes have good, long-term prospects to become well-known, established or blue chip companies. The Fund may also invest up to 20% of its Net Assets in foreign securities. <br/><br/> The Fund&#8217;s portfolio managers combine ideas from the Goldman Sachs Asset Management Growth and Value Teams to provide broad U.S. equity market exposure using securities of &#8220;blue chip&#8221; companies of any investment style. The Goldman Sachs Asset Management Growth Team uses fundamental research to identify strong business franchises with favorable long-term growth prospects, excellent management and high-quality reputations. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team&#8217;s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams. <br/><br/> The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/>The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations.<br/><br/>The Fund&#8217;s benchmark index is the S&amp;P 500<sup>&#174;</sup> Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Foreign Risk.</b> &nbsp;&nbsp;Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time.<br/><br/><b>Investment Style Risk.</b>&nbsp;&nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b>&nbsp;&nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b>&nbsp;&nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Stock Risk.</b>&nbsp;&nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class A, Class C, Institutional, Investor, Class&nbsp;R and Class&nbsp;R6 Shares compare to those of a broad-based securities market index. Between May 1, 2015 through October 31, 2017, the Fund had been known as the Goldman Sachs Dynamic U.S. Equity Fund and, since the Fund&#8217;s inception through April 30, 2015, the Fund had been known as the Goldman Sachs U.S. Equity Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to October 31, 2017 reflects the performance resulting from the Fund&#8217;s former strategies. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 12.72%.<br/><br/>Best Quarter<br/>Q1 &#8216;12 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+14.96%<br/><br/>Worst Quarter<br/>Q3 &#8216;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;16.97% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor and Class R6 Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class A Shares if you invest at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 46 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R and Class&nbsp;R6 Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor and Class R6 Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.01 0 0 0 0 0.0055 0.0055 0.0055 0.0055 0.0055 0.0055 0.0025 0.0075 0 0 0.005 0 0.0371 0.0396 0.0357 0.0371 0.0371 0.0356 0 0.0025 0 0 0 0 0.0371 0.0371 0.0357 0.0371 0.0371 0.0356 0.0451 0.0526 0.0412 0.0426 0.0476 0.0411 -0.0348 -0.0348 -0.0345 -0.0348 -0.0348 -0.0345 0.0103 0.0178 0.0067 0.0078 0.0128 0.0066 649 1540 2439 4726 281 1264 2341 5010 68 936 1818 4094 80 974 1882 4211 130 1120 2115 4622 67 933 1814 4085 181 1264 2341 5010 -0.0117 0.1129 0.093 -0.0129 0.0932 0.0788 -0.0055 0.0881 0.0736 0.1193 0.1464 0.1296 0.0284 0.1173 0.0934 0.1193 0.1464 0.1296 0.0507 0.1303 0.1062 0.1193 0.1464 0.1296 0.0492 0.1285 0.1044 0.1193 0.1464 0.1296 0.0436 0.123 0.099 0.1193 0.1464 0.1296 0.05 0.1303 0.1063 0.1193 0.1464 0.1296 50000 0.77 total return 2017-09-30 0.1272 Best&nbsp;Quarter 2012-03-31 0.1496 Worst&nbsp;Quarter 2011-09-30 -0.1697 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000013 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000015 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000014 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000012 column period compact * ~</div> <b>Goldman Sachs Capital Growth Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Capital Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/>(fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/>(expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 48% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-130 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/>The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.<br/><br/>The Fund's benchmark index is the Russell 1000<sup>&#174;</sup> Growth Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including "Best Quarter" and "Worst Quarter" information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 22.98%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+22.11%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;28.66% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2016</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class&nbsp;T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December&nbsp;29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.0025 0.005 0.0011 0.0036 0.0025 0.0025 0.001 0.0025 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.0025 0.0025 0.0011 0.0011 0.0025 0.0025 0.001 0.0025 0.0121 0.0196 0.0082 0.0132 0.0096 0.0146 0.0081 0.0121 -0.0007 -0.0007 -0.0007 -0.0007 -0.0007 -0.0007 -0.0007 -0.0007 0.0114 0.0189 0.0075 0.0125 0.0089 0.0139 0.0074 0.0114 660 906 1172 1929 292 609 1051 2280 77 255 448 1007 127 411 717 1584 91 299 524 1172 142 455 791 1740 76 252 443 995 363 618 892 1673 192 609 1051 2280 -0.0368 0.1173 0.0586 0.0877 -0.0401 0.0929 0.0457 0.07 -0.0181 0.0912 0.0456 0.0677 0.0706 0.1448 0.0833 0.0932 0.0011 0.1215 0.0566 0.05 0.0706 0.1448 0.0833 0.0583 0.0233 0.1345 0.0688 0.062 0.0706 0.1448 0.0833 0.0583 0.0181 0.1288 0.0635 0.0568 0.0706 0.1448 0.0833 0.0583 0.0216 0.1328 0.0639 0.0706 0.1448 0.0782 0.0168 0.1272 0.0587 0.0706 0.1448 0.0782 0.0234 0.1345 0.0688 0.062 0.0706 0.1448 0.0833 0.0583 -0.0368 0.1173 0.0586 0.0877 0.0706 0.1448 0.0833 0.0932 50000 250000 0.48 total return 2017-09-30 0.2298 Best&nbsp;Quarter 2009-06-30 0.2211 Worst&nbsp;Quarter 2008-12-31 -0.2866 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000023 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000025 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000024 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000022 column period compact * ~</div> <b>Goldman Sachs Concentrated Growth Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Concentrated Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees <br/>(fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e.,&nbsp;&#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 54% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.<br/>The Fund's benchmark index is the Russell 1000<sup>&#174;</sup> Growth Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 20.18%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+20.85%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;31.57% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December&nbsp;31, 2016</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December&nbsp;29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0.0076 0.0076 0.0076 0.0076 0.0076 0.0076 0.0076 0.0025 0.0075 0 0 0.005 0 0.0025 0.004 0.0065 0.0026 0.004 0.004 0.0025 0.004 0 0.0025 0 0 0 0 0 0.004 0.004 0.0026 0.004 0.004 0.0025 0.004 0.0141 0.0216 0.0102 0.0116 0.0166 0.0101 0.0141 -0.0025 -0.0025 -0.0022 -0.0025 -0.0025 -0.0022 -0.0025 0.0116 0.0191 0.008 0.0091 0.0141 0.0079 0.0116 662 948 1256 2127 294 652 1137 2473 82 303 542 1228 93 344 614 1387 144 499 879 1944 81 300 536 1216 365 661 979 1878 194 652 1137 2473 2002-09-03 -0.0576 0.1049 0.0519 0.064 2002-09-03 -0.0591 0.0827 0.0401 0.0548 2002-09-03 -0.0314 0.081 0.0404 0.052 2002-09-03 0.0706 0.1448 0.0833 0.0888 2002-09-03 -0.0205 0.109 0.05 0.0601 2002-09-03 0.0706 0.1448 0.0833 0.0888 2002-09-03 0.0008 0.122 0.0621 0.0725 2002-09-03 0.0706 0.1448 0.0833 0.0888 2007-11-30 -0.0011 0.1203 0.052 2007-11-30 0.0706 0.1448 0.0782 2007-11-30 -0.0052 0.1148 0.047 2007-11-30 0.0706 0.1448 0.0782 2015-07-31 0.0009 0.1221 0.0622 0.0725 2015-07-31 0.0706 0.1448 0.0833 0.0888 -0.0576 0.1049 0.0519 0.064 0.0706 0.1448 0.0833 0.0888 50000 250000 0.54 total return 2017-09-30 0.2018 Best&nbsp;Quarter 2009-06-30 0.2085 Worst&nbsp;Quarter 2008-12-31 -0.3157 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000033 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000035 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000034 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000037 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000032 column period compact * ~</div> <b>Goldman Sachs Flexible Cap Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Flexible Cap Fund (formerly Goldman Sachs Flexible Cap Growth Fund) (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. <br/><br/> The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to be positioned for long-term growth of capital. The Investment Adviser uses a combination of fundamental research and quantitative factors to achieve its investment objective. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to identify high-quality businesses with sustainable growth prospects, including strong business franchises, favorable long-term prospects, and excellent management. Investments will be further evaluated for their exposures to quantitative factors, such as, for example, valuation, profitability and volatility, to seek to enhance the Fund&#8217;s risk adjusted returns. Risk management, portfolio construction and sizing of positions will be informed by portfolio-level quantitative factor considerations. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations. <br/><br/> The Fund&#8217;s benchmark index is the S&amp;P 500<sup>&#174;</sup> Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. Through August 31, 2017, the Fund had been known as the Goldman Sachs Flexible Cap Growth Fund, and certain of its principal investment strategies differed. Performance information set forth below reflects the performance resulting from the Fund&#8217;s former strategies prior to that date. In addition, as of that date, the Fund&#8217;s benchmark was changed from the Russell 3000<sup>&#174;</sup> Growth Index to the S&amp;P 500<sup>&#174;</sup> Index. The Investment Adviser believes that the S&amp;P 500<sup>&#174;</sup> Index is a more appropriate index against which to measure performance in light of the changes to the Fund&#8217;s investment strategy. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 25.02%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+20.03%<br/><br/>Worst Quarter<br/>Q3 &#8216;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;16.64% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December&nbsp;31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees.<br/><br/>The &#8220;Other Expenses&#8221; for Class A, Class C, Investor, Class R and Class R6 Shares have been restated to reflect current fees, &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 47% of the average value of its portfolio. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0.0055 0.0055 0.0055 0.0055 0.0055 0.0055 0.0055 0.0025 0.0075 0 0 0.005 0 0.0025 0.0176 0.0201 0.0162 0.0176 0.0176 0.0161 0.0176 0 0.0025 0 0 0 0 0 0.0176 0.0176 0.0162 0.0176 0.0176 0.0161 0.0176 0.0256 0.0331 0.0217 0.0231 0.0281 0.0216 0.0256 -0.0161 -0.0161 -0.0158 -0.0161 -0.0161 -0.0158 -0.0161 0.0095 0.017 0.0059 0.007 0.012 0.0058 0.0095 642 1157 1699 3172 273 868 1587 3494 60 526 1019 2378 72 566 1088 2521 122 718 1341 3021 59 523 1014 2368 344 877 1435 2955 173 868 1587 3494 -0.0381 0.1191 0.0771 -0.0384 0.0976 0.063 -0.0214 0.0939 0.0611 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 -0.0002 0.1234 0.0761 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 0.022 0.1366 0.0885 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 0.0206 0.1348 0.0868 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 0.0156 0.1293 0.0816 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 0.022 0.1366 0.0885 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 -0.0381 0.1191 0.0771 0.1193 0.1464 0.0812 0.0737 0.1442 0.0901 50000 250000 0.47 total return 2017-09-30 0.2502 Best&nbsp;Quarter 2009-06-30 0.2003 Worst&nbsp;Quarter 2011-09-30 -0.1664 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000043 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000045 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000047 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000042 column period compact * ~</div> <b>Goldman Sachs Strategic Growth Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Strategic Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2017 was 54% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 50-70 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/> The Fund&#8217;s benchmark index is the Russell 1000<sup>&#174;</sup> Growth Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b>&nbsp;&nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b>&nbsp;&nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b>&nbsp;&nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Stock Risk.</b>&nbsp;&nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/> The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 21.83%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+19.20%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;28.16% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;46 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 50 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.0029 0.0054 0.0015 0.004 0.0029 0.0029 0.0014 0.0029 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.0029 0.0029 0.0015 0.0015 0.0029 0.0029 0.0014 0.0029 0.0125 0.02 0.0086 0.0136 0.01 0.015 0.0085 0.0125 -0.0011 -0.0011 -0.0011 -0.0011 -0.0011 -0.0011 -0.0011 -0.0011 0.0114 0.0189 0.0075 0.0125 0.0089 0.0139 0.0074 0.0114 660 914 1189 1969 292 617 1068 2318 77 263 466 1051 127 420 734 1626 91 307 542 1215 142 463 808 1781 76 260 461 1039 363 626 909 1714 192 617 1068 2318 1999-05-24 1999-05-24 -0.0428 0.1198 0.0604 0.032 1999-05-24 -0.0504 0.0957 0.0488 0.0256 -0.0179 0.0931 0.0473 0.0251 1999-05-24 0.0706 0.1448 0.0833 0.0395 1999-05-24 -0.0034 0.1241 0.0584 0.0277 1999-05-24 0.0706 0.1448 0.0833 0.0395 1999-05-24 0.017 0.137 0.0705 0.0395 1999-05-24 0.0706 0.1448 0.0833 0.0395 1999-05-24 0.0126 0.1316 0.0658 0.0352 1999-05-24 0.0706 0.1448 0.0833 0.0395 2009-01-06 0.0165 0.1354 0.135 2009-01-06 0.0706 0.1448 0.1514 2009-01-06 0.0107 0.1302 0.1299 2009-01-06 0.0706 0.1448 0.1514 2015-07-31 0.018 0.1371 0.0705 0.0395 2015-07-31 0.0706 0.1448 0.0833 0.0395 -0.0428 0.1198 0.0604 0.032 0.0706 0.1448 0.0833 0.0395 50000 250000 0.54 total return 2017-09-30 0.2183 Best&nbsp;Quarter 2009-06-30 0.192 Worst&nbsp;Quarter 2008-12-31 -0.2816 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000053 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000055 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000054 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000057 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000052 column period compact * ~</div> <b>Goldman Sachs Growth Opportunities Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Growth Opportunities Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., "turns over" its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund's performance. The Fund's portfolio turnover rate for the fiscal year ended August 31, 2017 was 61% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (&#8220;Total Assets&#8221;) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 60-80 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. <br/><br/> The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund&#8217;s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund&#8217;s benchmark index is the Russell Midcap<sup>&#174;</sup> Growth Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the nine-month period ended September 30, 2017 was 19.98%<br/><br/>Best Quarter<br/>Q2 &#8217;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+22.45%<br/><br/>Worst Quarter<br/>Q4 &#8217;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-28.68% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December&nbsp;31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December&nbsp;29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i)&nbsp;Class&nbsp;A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii)&nbsp;Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0092 0.0092 0.0092 0.0092 0.0092 0.0092 0.0092 0.0092 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.002 0.0045 0.0006 0.0031 0.002 0.002 0.0005 0.002 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.002 0.002 0.0006 0.0006 0.002 0.002 0.0005 0.002 0.0137 0.0212 0.0098 0.0148 0.0112 0.0162 0.0097 0.0137 -0.0006 -0.0006 -0.0001 -0.0001 -0.0006 -0.0006 -0.0001 -0.0006 0.0131 0.0206 0.0097 0.0147 0.0106 0.0156 0.0096 0.0131 676 954 1253 2101 309 658 1134 2447 99 311 541 1200 150 467 807 1768 108 350 611 1358 159 505 876 1917 98 308 535 1189 380 667 976 1850 209 658 1134 2447 1999-05-24 -0.0443 0.0945 0.0723 0.0966 1999-05-24 -0.0502 0.0698 0.055 0.0844 1999-05-24 -0.02 0.075 0.0578 0.0818 1999-05-24 0.0731 0.1349 0.0783 0.0674 1999-05-24 -0.0062 0.0988 0.0704 0.0919 1999-05-24 0.0731 0.1349 0.0783 0.0674 1999-05-24 0.0149 0.1114 0.0827 0.1044 1999-05-24 0.0731 0.1349 0.0783 0.0674 1999-05-24 0.0095 0.1057 0.0773 0.0989 1999-05-24 0.0731 0.1349 0.0783 0.0674 2007-11-30 0.0141 0.1098 0.0706 2007-11-30 0.0731 0.1349 0.0739 2007-11-30 0.009 0.1042 0.0653 2007-11-30 0.0731 0.1349 0.0739 2015-07-31 0.0149 0.1114 0.0827 0.1045 2015-07-31 0.0731 0.1349 0.0783 0.0674 -0.0443 0.0945 0.0723 0.0966 0.0731 0.1349 0.0783 0.0674 50000 250000 0.61 total return 2017-09-30 0.1998 Best Quarter 2009-06-30 0.2245 Worst Quarter 2008-12-31 -0.2868 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000063 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000065 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000064 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000067 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000062 column period compact * ~</div> <b>Goldman Sachs Small/Mid Cap Growth Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Small/Mid Cap Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e.,&nbsp;&#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 60% of the average value of its portfolio. <b>Principal Strategy</b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in small and mid-cap issuers. Small or mid-cap issuers are issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the outside range of the market capitalizations of companies constituting the Russell&nbsp;2000<sup>&#174;</sup> Growth Index and the Russell Midcap<sup>&#174;</sup> Growth Index, as last reported by the indexes prior to the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of September&nbsp;30, 2017, the outside capitalization range of the companies in these indexes was between $30&nbsp;million and $60&nbsp;billion. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-125 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S.&nbsp;securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. <br/><br/> The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund&#8217;s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/> The Fund&#8217;s benchmark index is the Russell 2500<sup>&#174;</sup> Growth Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A) </b> The total return for Class A Shares for the nine-month period ended September 30, 2017 was 21.52%<br/><br/> Best Quarter<br/>Q2 &#8217;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+21.61%<br/><br/>Worst Quarter<br/>Q4 &#8217;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-27.93% The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Assuming complete redemption at end of period Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i)&nbsp;Class&nbsp;A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii)&nbsp;Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0084 0.0084 0.0084 0.0084 0.0084 0.0084 0.0084 0.0084 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.0021 0.0046 0.0007 0.0032 0.0021 0.0021 0.0006 0.0021 0 0.0025 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.0021 0.0021 0.0007 0.0007 0.0021 0.0021 0.0006 0.0021 0.013 0.0205 0.0091 0.0141 0.0105 0.0155 0.009 0.013 -0.0003 -0.0003 0 0 -0.0003 -0.0003 0 -0.0003 0.0127 0.0202 0.0091 0.0141 0.0102 0.0152 0.009 0.0127 672 937 1221 2029 305 640 1101 2377 93 290 504 1120 144 446 771 1691 104 331 576 1280 155 487 842 1843 92 287 498 1108 376 649 942 1776 205 640 1101 2377 -0.0574 0.1103 0.0823 0.0875 -0.065 0.0972 0.0733 0.0794 -0.0257 0.087 0.0664 0.0715 0.097 0.1386 0.0824 0.09 -0.0201 0.1144 0.0802 0.0843 0.097 0.1386 0.0824 0.09 0.0011 0.1273 0.0927 0.0968 0.097 0.1386 0.0824 0.09 -0.0035 0.1215 0.0873 0.0913 0.097 0.1386 0.0824 0.09 0.0001 0.1256 0.0816 0.097 0.1386 0.0798 -0.0052 0.12 0.0762 0.097 0.1386 0.0798 0.0016 0.1274 0.0928 0.0969 0.097 0.1386 0.0824 0.09 -0.0574 0.1103 0.0823 0.0875 0.097 0.1386 0.0824 0.09 50000 250000 0.6 total return 2017-09-30 0.2152 Best Quarter 2009-06-30 0.2161 Worst Quarter 2008-12-31 -0.2793 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000073 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000075 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000074 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000072 column period compact * ~</div> <b>Goldman Sachs Technology Opportunities Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Technology Opportunities Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (Fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses<br/> (expenses that are deducted from Fund assets):</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e.,&nbsp;&#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 19% of the average value of its portfolio. <b>Principal Strategy</b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in equity investments in technology companies, as described below. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (&#8220;Total Assets&#8221;) in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.<br /><br />The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br /><br />The Fund intends to invest a substantial portion of its assets in technology companies. In general, the Investment Adviser defines a technology company as a high-quality technology, services, media or telecommunications company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify technology companies that exhibit many of the following characteristics:<ul type="square"><li>Strong brand name</li><li>Dominant market share</li><li>Recurring revenue streams</li><li>Free cash flow generation</li><li>Long product life cycle</li><li>Enduring competitive advantage</li><li>Excellent management</li></ul>The Investment Adviser seeks to identify technology companies that are promising growth businesses. These companies may grow revenue by increasing sales volumes, prices, customers and market share. The Internet is an example of a technology that the Investment Adviser believes will drive growth for many technology businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology companies adopting innovative Internet technologies to improve their business models include providers of infrastructure, software, hardware and services.<br /><br />The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or Internet industries. Because of its focus on technology, telecommunications, Internet, services and media companies, the Fund&#8217;s investment performance will be closely tied to many factors which affect these companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. The Fund&#8217;s investments may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund&#8217;s net asset value (&#8220;NAV&#8221;) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries.<br /><br />The Fund&#8217;s benchmark index is the S&amp;P North American Technology Sector Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Industry Concentration Risk.</b> &nbsp;The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business, political, environmental or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <br/><br/> <b>Technology Sector Risk.</b> &nbsp;The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class R6 Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;38 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 40 and in Appendix C&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class R6 and Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Assuming no redemption The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or Internet industries. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. The total return for Class A Shares for the nine-month period ended September 30, 2017 was 29.57%<br/><br/>Best Quarter<br/>Q1 &#8217;12 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+23.21%<br/><br/>Worst Quarter<br/>Q4 &#8217;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-27.57% Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Class R6 Shares commenced operations on December 29, 2017.<br /><br />As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class R6 Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0.055 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0.0094 0.0094 0.0094 0.0094 0.0094 0.0094 0.0094 0.0025 0.0075 0 0.0025 0 0 0.0025 0.0027 0.0052 0.0013 0.0038 0.0027 0.0012 0.0027 0 0.0025 0 0 0 0 0 0 0 0 0.0025 0 0 0 0.0027 0.0027 0.0013 0.0013 0.0027 0.0012 0.0027 0.0146 0.0221 0.0107 0.0157 0.0121 0.0106 0.0146 -0.0009 -0.0009 -0.0009 -0.0009 -0.0009 -0.0009 -0.0009 0.0137 0.0212 0.0098 0.0148 0.0112 0.0097 0.0137 682 978 1295 2193 315 683 1177 2537 100 331 581 1298 151 487 847 1860 114 375 656 1458 99 328 576 1286 386 692 1019 1945 215 683 1177 2537 0.0033 0.1296 0.0883 0.0451 -0.0081 0.1178 0.0826 0.0416 0.0116 0.1032 0.0722 0.0365 0.1352 0.1739 0.1041 0.0343 0.0435 0.134 0.0864 0.0406 0.1352 0.1739 0.1041 0.0343 0.0656 0.1471 0.0989 0.0527 0.1352 0.1739 0.1041 0.0343 0.0605 0.1414 0.0936 0.0477 0.1352 0.1739 0.1041 0.0343 0.0641 0.1453 0.1105 0.1352 0.1739 0.1544 0.0656 0.1471 0.0989 0.0527 0.1352 0.1739 0.1041 0.0343 0.0033 0.1296 0.0883 0.0451 0.1352 0.1739 0.1041 0.0343 50000 250000 0.19 total return 2017-09-30 0.2957 Best Quarter 2012-03-31 0.2321 Worst Quarter 2008-12-31 -0.2757 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000083 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000085 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000084 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000082 column period compact * ~</div> <b>Goldman Sachs Equity Income Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Equity Income Fund (formerly the Goldman Sachs Growth and Income Fund) (the &#8220;Fund&#8221;) seeks long-term capital appreciation and growth of income. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page 56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/>(fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/>(expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 43% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in equity investments. The Fund will generally invest in equity securities that the Investment Adviser believes have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, master limited partnerships (&#8220;MLPs&#8221;) and real estate investment trusts (&#8220;REITs&#8221;), it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. The Investment Adviser expects that the Fund&#8217;s investments will be weighted in favor of companies that pay dividends or other current distributions. <br/><br/> The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may also invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/> The Fund seeks to generate additional cash flow and may reduce volatility by the sale of call options on the S&amp;P 500<sup>&#174;</sup> Index or other regional stock market indices (or related exchange-traded funds (&#8220;ETFs&#8221;)). <br/><br/> The Fund expects that, under normal circumstances, it will sell call options in an amount that is between 0% and 30% of the value of the Fund&#8217;s portfolio. As the seller of the call options, the Fund will receive cash (the &#8220;premium&#8221;) from the purchaser. If the purchaser exercises the option, the Fund pays the purchaser the difference between the price of the index and the exercise price of the option. The premium, the exercise price and the market price of the index determine the gain or loss realized by the Fund as the seller of the call option. <br/><br/> During periods in which the U.S. equity markets are generally unchanged or falling, or in a modestly rising market where the income from premiums exceeds the aggregate appreciation of the underlying index over its exercise price, a diversified portfolio receiving premiums from its call option writing strategy may outperform the same portfolio without such an options strategy. However, in rising markets where the aggregate appreciation of the underlying index over its exercise price exceeds the income from premiums, a portfolio with a call writing strategy could significantly underperform the same portfolio without the options. <br/><br/> The Fund&#8217;s benchmark index is the Russell 1000<sup>&#174;</sup> Value Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Foreign and Emerging Countries Risk.</b> &nbsp;Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund&#8217;s investments in securities of issuers located in emerging countries. <br/><br/> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors. <br/><br/> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Master Limited Partnership Risk.</b> &nbsp;Investments in securities of an MLP involve risks that differ from investments in common stock, including risks related to limited control and limited rights to vote on matters affecting the MLP. Certain MLP securities may trade in lower volumes due to their smaller capitalizations, and may be subject to more abrupt or erratic price movements and lower market liquidity. MLPs are generally considered interest-rate sensitive investments. During periods of interest rate volatility, these investments may not provide attractive returns. <br/><br/> Investments in securities of an MLP also include tax-related risks. For example, to the extent a distribution received by the Fund from an MLP is treated as a return of capital, the Fund&#8217;s adjusted tax basis in the interests of the MLP may be reduced, which will result in an increase in an amount of income or gain (or decrease in the amount of loss) that will be recognized by the Fund for tax purposes upon the sale of any such interests or upon subsequent distributions in respect of such interests. <br/><br/> <b>Option Writing Risk.</b> &nbsp;Writing (selling) call options limits the opportunity to profit from an increase in the market value of stocks in exchange for up-front cash (the premium) at the time of selling the call option. In a rising market, the Fund could significantly underperform the market. Furthermore, the Fund&#8217;s call option writing strategies may not fully protect it against market declines because the Fund will continue to bear the risk of a decline in the value of its portfolio securities. In a sharply-falling equity market, the Fund will likely also experience sharp declines in its net asset value (&#8220;NAV&#8221;). <br/><br/> <b>REIT Risk.</b> &nbsp;Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price. <br/><br/> <b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. Prior to June 20, 2017, the Fund had been known as the Goldman Sachs Growth and Income Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to June 20, 2017 reflects the performance resulting from the Fund&#8217;s former strategies. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.10%.<br/><br/> Best Quarter<br/>Q3 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+15.28%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;20.47% AVERAGE&#160;ANNUAL&#160;TOTAL&#160;RETURN<br/><br/><b>For the period ended December&#160;31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page 56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i)&nbsp;Class&nbsp;A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii)&nbsp;Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.0028 0.0053 0.0014 0.0039 0.0028 0.0028 0.0013 0.0028 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.0028 0.0028 0.0014 0.0014 0.0028 0.0028 0.0013 0.0028 0.0122 0.0197 0.0083 0.0133 0.0097 0.0147 0.0082 0.0122 -0.001 -0.001 -0.001 -0.001 -0.001 -0.001 -0.001 -0.001 0.0112 0.0187 0.0073 0.0123 0.0087 0.0137 0.0072 0.0112 658 907 1174 1938 290 609 1053 2288 75 255 451 1016 125 412 719 1593 89 299 527 1181 139 455 793 1749 74 252 445 1004 361 618 894 1682 190 609 1053 2288 1993-02-05 1993-02-05 1993-02-05 1993-02-05 0.0701 0.1282 0.0382 0.0693 0.0652 0.1245 0.0331 0.0605 0.0432 0.1024 0.0299 0.0555 0.1729 0.1478 0.0572 0.0964 1997-08-15 1997-08-15 0.1133 0.1324 0.0363 0.0322 0.1729 0.1478 0.0572 0.0741 1996-06-03 1996-06-03 0.1364 0.1456 0.0482 0.0618 0.1729 0.1478 0.0572 0.0873 1996-03-06 1996-03-06 0.1307 0.1399 0.0431 0.0573 0.1729 0.1478 0.0572 0.087 2007-11-30 2007-11-30 0.1346 0.1438 0.0492 0.1729 0.1478 0.0622 2007-11-30 2007-11-30 0.1291 0.1382 0.044 0.1729 0.1478 0.0622 2015-07-31 2015-07-31 0.1368 0.1456 0.0482 0.0618 0.1729 0.1478 0.0572 0.0873 0.0701 0.1282 0.0382 0.0693 0.1729 0.1478 0.0572 0.0964 50000 250000 0.43 total return 2017-09-30 0.061 Best Quarter 2009-09-30 0.1528 Worst Quarter 2008-12-31 -0.2047 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000093 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000095 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000094 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000097 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000092 column period compact * ~</div> <b>Goldman Sachs Focused Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Focused Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/>(fees paid directly from your investment):</b> <b>Annual Fund Operating Expenses<br/>(expenses that you pay each year as a percentage of the value of your investment):</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br /><br />The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assumingcomplete redemption at end of period Assumingno redemption <b>Portfolio Turnover</b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2017 was 126% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) ("Net Assets") in a portfolio of equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-35 companies that are considered value opportunities, which the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund may invest in securities of companies of any capitalization. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest up to 20% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies ("emerging countries") and securities quoted in foreign currencies.<br /><br />The Fund's equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser's outlook based on subsequent events, the Investment Adviser's ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br /><br />The Fund may invest in fixed income securities, such as government, corporate and bank debt obligations.<br /><br />The Fund's benchmark index is the Russell 1000<sup>&#174;</sup> Value Index.<br /><br />THE FUND IS "NON-DIVERSIFIED" UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE "INVESTMENT COMPANY ACT"), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.<br /><br /> <b>Foreign and Emerging Countries Risk.</b> &nbsp;Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund's investments in securities of issuers located in emerging countries.<br /><br /> <b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., "growth," "value" or "quantitative") tend to shift in and out of favor depending upon market and economic conditions as well as investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value investing is an example of an investment style. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.<br /><br /> <b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s net asset value (&#8220;NAV&#8221;) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio.<br /><br /><b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br /><br /><b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br /><br /><b>Non-Diversification Risk.</b> &nbsp;The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-35 companies.<br /><br /><b>Portfolio Turnover Rate Risk.</b> &nbsp;A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.<br /><br /><b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance</b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund's Class A Shares from year to year; and (b) how the average annual total returns of the Fund's Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund's past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.<br /><br />The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 9.67%.<br/><br/>Best Quarter<br/>Q4 &#8216;16 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+6.96%<br/><br/>Worst Quarter<br/>Q1 &#8216;16 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;2.61% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund&#8217;s &#8220;Management Fees&#8221; have been restated to reflect current fees. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. <b>Non-Diversification Risk.</b>&nbsp;&nbsp;The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-35 companies. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i)&nbsp;Class&nbsp;A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii)&nbsp;Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0025 0.0075 0 0 0.005 0 0.0025 0.068 0.0705 0.0666 0.068 0.068 0.0665 0.068 0 0.0025 0 0 0 0 0 0.068 0.068 0.0666 0.068 0.068 0.0665 0.068 0.0774 0.0849 0.0735 0.0749 0.0799 0.0734 0.0774 -0.0662 -0.0662 -0.0662 -0.0662 -0.0662 -0.0662 -0.0662 0.0112 0.0187 0.0073 0.0087 0.0137 0.0072 0.0112 658 2136 3535 6709 290 1880 3455 6935 75 1571 2999 6284 89 1610 3056 6369 139 1746 3259 6661 74 1569 2995 6278 361 1887 3329 6604 190 1880 3455 6935 2015-07-31 0.0818 0.0005 2015-07-31 0.0791 -0.0018 2015-07-31 0.0486 0.0003 2015-07-31 0.1729 0.0899 2015-07-31 0.1266 0.0331 2015-07-31 0.1729 0.0899 2015-07-31 0.1492 0.0448 2015-07-31 0.1729 0.0899 2015-07-31 0.1477 0.0434 2015-07-31 0.1729 0.0899 2015-07-31 0.1416 0.0379 2015-07-31 0.1729 0.0899 2015-07-31 0.1495 0.045 2015-07-31 0.1729 0.0899 0.0818 0.0005 0.1729 0.0899 50000 250000 1.26 total return 2017-09-30 0.0967 Best Quarter 2016-12-31 0.0696 Worst Quarter 2016-03-31 -0.0261 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000103 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000105 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000104 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000107 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000102 column period compact * ~</div> <b>Goldman Sachs Large Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Large Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page 56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 124% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in large-cap U.S.&nbsp;issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000&#174; Value Index at the time of investment. As of September&nbsp;30, 2017, the capitalization range of the Russell&nbsp;1000&#174; Value Index was between $1.6 billion and $452.3&nbsp;billion. Although the Fund will invest primarily in publicly traded U.S.&nbsp;securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 1000<sup>&#174;</sup> Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/> The Fund&#8217;s benchmark index is the Russell 1000<sup>&#174;</sup> Value Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b>&nbsp;&nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors. <br/><br/> <b>Large Shareholder Transactions Risk.</b>&nbsp;&nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b>&nbsp;&nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Portfolio Turnover Rate Risk.</b>&nbsp;&nbsp;A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders. <br/><br/> <b>Stock Risk.</b>&nbsp;&nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.35%.<br/><br/> Best Quarter<br/> Q3&nbsp;&#8216;09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+15.37% <br/><br/> Worst Quarter<br/> Q4&nbsp;&#8216;08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;21.77% AVERAGE&nbsp;ANNUAL&nbsp;TOTAL&nbsp;RETURN<br/><br/><b>For the period ended December 31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page 56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0074 0.0074 0.0074 0.0074 0.0074 0.0074 0.0074 0.0074 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.0022 0.0047 0.0008 0.0033 0.0022 0.0022 0.0007 0.0022 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.0022 0.0022 0.0008 0.0008 0.0022 0.0022 0.0007 0.0022 0.0121 0.0196 0.0082 0.0132 0.0096 0.0146 0.0081 0.0121 -0.0011 -0.0011 -0.0004 -0.0004 -0.0011 -0.0011 -0.0004 -0.0011 0.011 0.0185 0.0078 0.0128 0.0085 0.0135 0.0077 0.011 656 903 1168 1926 288 605 1047 2276 80 258 451 1010 130 414 720 1587 87 295 520 1168 137 451 787 1737 79 255 446 998 359 614 888 1670 188 605 1047 2276 1999-12-15 1999-12-15 1999-12-15 1999-12-15 0.0516 0.1219 0.0406 0.056 0.0476 0.1113 0.0337 0.0496 0.0326 0.096 0.0314 0.045 0.1729 0.1478 0.0572 0.0667 1999-12-15 1999-12-15 0.0935 0.1263 0.0387 0.0515 0.1729 0.1478 0.0572 0.0667 1999-12-15 1999-12-15 0.1166 0.1392 0.0506 0.0636 0.1729 0.1478 0.0572 0.0667 1999-12-15 1999-12-15 0.1111 0.1336 0.0454 0.0587 0.1729 0.1478 0.0572 0.0667 2007-11-30 2007-11-30 0.1152 0.1375 0.0502 0.1729 0.1478 0.0622 2007-11-30 2007-11-30 0.1099 0.1319 0.0452 0.1729 0.1478 0.0622 2015-07-31 2015-07-31 0.1169 0.1393 0.0507 0.0637 0.1729 0.1478 0.0572 0.0667 0.0516 0.1219 0.0406 0.056 0.1729 0.1478 0.0572 0.0667 50000 250000 1.24 total return 2017-09-30 0.0635 Best Quarter 2009-09-30 0.1537 Worst Quarter 2008-12-31 -0.2177 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000113 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000115 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000114 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000117 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000112 column period compact * ~</div> <b>Goldman Sachs Mid Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Mid Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 124% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap<sup>&#174;</sup> Value Index at the time of investment. As of September&nbsp;30, 2017, the capitalization range of the Russell Midcap<sup>&#174;</sup> Value Index was between $1.6 billion and $33.8 billion. Although the Fund will invest primarily in publicly traded U.S.&nbsp;securities, including real estate investment trusts (&#8220;REITs&#8221;), it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap<sup>&#174;</sup> Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/> The Fund&#8217;s benchmark index is the Russell Midcap<sup>&#174;</sup> Value Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/> <b>Investment Style Risk.</b>&nbsp; Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors. <br/><br/> <b>Large Shareholder Transactions Risk.</b>&nbsp; The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio. <br/><br/> <b>Market Risk.</b>&nbsp; The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. <br/><br/> <b>Mid-Cap and Small-Cap Risk.</b>&nbsp; Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks. <br/><br/> <b>Portfolio Turnover Rate Risk.</b>&nbsp; A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders. <br/><br/> <b>REIT Risk.</b>&nbsp; Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price. <br/><br/> <b>Stock Risk.</b>&nbsp; Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 5.60%.<br/><br/>Best Quarter<br/>Q3 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+19.51%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;23.79% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December&nbsp;31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0071 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.002 0.0045 0.0006 0.0031 0.002 0.002 0.0005 0.002 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.002 0.002 0.0006 0.0006 0.002 0.002 0.0005 0.002 0.0116 0.0191 0.0077 0.0127 0.0091 0.0141 0.0076 0.0116 662 898 1153 1881 294 600 1032 2233 79 246 428 954 129 403 697 1534 93 290 504 1120 144 446 771 1691 78 243 422 942 365 609 872 1624 194 600 1032 2233 1997-08-15 1997-08-15 1997-08-15 1997-08-15 0.0661 0.113 0.0554 0.0837 0.0636 0.0856 0.0398 0.0681 0.0395 0.0852 0.0418 0.0658 0.1994 0.1569 0.0758 0.098 1997-08-15 1997-08-15 0.1098 0.1174 0.0534 0.0789 0.1994 0.1569 0.0758 0.098 1995-08-01 1995-08-01 0.1325 0.1302 0.0656 0.1092 0.1994 0.1569 0.0758 0.1123 1997-07-18 1997-07-18 0.1269 0.1245 0.0603 0.0871 0.1994 0.1569 0.0758 0.0988 2007-11-30 2007-11-30 0.1309 0.1285 0.0683 0.1994 0.1569 0.0841 2009-01-06 2009-01-06 0.1255 0.1229 0.1288 0.1994 0.1569 0.16 2015-07-31 2015-07-31 0.1329 0.1303 0.0657 0.1093 0.1994 0.1569 0.0758 0.1123 0.0661 0.113 0.0554 0.0837 0.1994 0.1569 0.0758 0.098 50000 250000 1.24 total return 2017-09-30 Best Quarter 2009-09-30 Worst Quarter 2008-12-31 -0.2379 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000123 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000124 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000122 column period compact * ~</div> <b>Goldman Sachs Small Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Small Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees<br/> (fees paid directly from your investment)</b> <b>Annual Fund&nbsp;Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 68% of the average value of its portfolio. <b>Principal&nbsp;Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000&#174; Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell 2000&#174; Value Index was between $25.8 million and $9.4&nbsp;billion. Under normal circumstances, the Fund&#8217;s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S.&nbsp;securities, including real estate investment trusts (&#8220;REITs&#8221;), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/> The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/>The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000&#174; Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations. <br/><br/>The Fund&#8217;s benchmark index is the Russell 2000<sup>&#174;</sup> Value Index. <b>Principal Risks of the Fund</b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.<br /><br /><b>Investment Style Risk.</b> &nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.<br /><br /><b>Large Shareholder Transactions Risk.</b> &nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio.<br /><br /><b>Market Risk.</b> &nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br /><br /><b>Mid-Cap and Small-Cap Risk.</b> &nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br /><br /><b>REIT Risk.</b> &nbsp;Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.<br /><br /><b>Stock Risk.</b> &nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance</b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.68%.<br/><br/>Best Quarter<br/>Q3 &#8216;09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+19.78%<br/><br/>Worst Quarter<br/>Q4 &#8216;08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;24.77% AVERAGE ANNUAL TOTAL RETURN <br/><br/><b>For the period ended December 31, 2016 </b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class&nbsp;T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund's "Management Fees" have been restated to reflect current expenses. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Assuming complete redemption at end of period Assuming no redemption Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Class&nbsp;A Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class&nbsp;C, Institutional, Service, Investor, Class&nbsp;R, Class&nbsp;R6 and Class&nbsp;T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.gsamfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class&nbsp;A Shares. If the sales loads were reflected, returns would be less. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i)&nbsp;Class&nbsp;A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii)&nbsp;Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class&nbsp;C, Institutional, Service, Investor, Class R6 and Class&nbsp;T Shares, and returns for Class&nbsp;R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0 0.009 0.009 0.009 0.009 0.009 0.009 0.009 0.009 0.0025 0.0075 0 0.0025 0 0.005 0 0.0025 0.002 0.0045 0.0006 0.0031 0.002 0.002 0.0005 0.002 0 0.0025 0 0 0 0 0 0 0 0 0 0.0025 0 0 0 0 0.002 0.002 0.0006 0.0006 0.002 0.002 0.0005 0.002 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0136 0.0211 0.0097 0.0147 0.0111 0.0161 0.0096 0.0136 -0.0002 -0.0002 -0.0002 -0.0002 -0.0002 -0.0002 -0.0002 -0.0002 0.0134 0.0209 0.0095 0.0145 0.0109 0.0159 0.0094 0.0134 679 955 1252 2093 312 659 1132 2440 97 307 534 1188 148 463 801 1756 111 351 610 1350 162 506 874 1909 96 304 529 1176 383 668 974 1842 212 659 1132 2440 0.1727 0.1364 0.077 0.1061 0.1634 0.1189 0.0646 0.0937 0.1057 0.1062 0.0597 0.0881 0.3164 0.1505 0.0626 0.1133 0.2211 0.1407 0.0751 0.0877 0.3164 0.1505 0.0626 0.0904 0.2458 0.1538 0.0875 0.1003 0.3164 0.1505 0.0626 0.0904 0.2394 0.1481 0.0821 0.0949 0.3164 0.1505 0.0626 0.0904 0.244 0.1521 0.0999 0.3164 0.1505 0.0802 0.2378 0.1464 0.0946 0.3164 0.1505 0.0802 0.2459 0.1539 0.0875 0.1003 0.3164 0.1505 0.0626 0.0904 0.1727 0.1364 0.077 0.1061 0.3164 0.1505 0.0626 0.1133 50000 250000 0.68 total return 2017-09-30 0.0768 Best Quarter 2009-09-30 0.1978 Worst Quarter 2008-12-31 -0.2477 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000133 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000135 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000134 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000137 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000132 column period compact * ~</div> <b>Goldman Sachs Small/Mid Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Small/Mid Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees <br/>(fees paid directly from your investment):</b> <b>Annual Fund Operating Expenses <br/>(expenses that you pay each year as a percentage of the value of your investment):</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/> This Example assumes that you invest $10,000 in Class&nbsp;A, Class C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares of the Fund for the time periods indicated and then redeem all of your Class&nbsp;A, Class C, Institutional, Investor, Class&nbsp;R, Class R6 and/or Class&nbsp;T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August&nbsp;31, 2017 was 108% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in small- and mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000<sup>&#174;</sup> Value Index and the Russell Midcap<sup>&#174;</sup> Value Index, respectively, at the time of investment. As of September&nbsp;30, 2017, the capitalization range of the companies in these indices was between $25.8&nbsp;million and $33.8&nbsp;billion. Under normal circumstances, the Fund&#8217;s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (&#8220;REITs&#8221;), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/> The Fund&#8217;s equity investment process involves: (1)&nbsp;using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2)&nbsp;conducting in-depth company research and assessing overall business quality; and (3)&nbsp;buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/> The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell&nbsp;2000<sup>&#174;</sup> Value Index and the Russell Midcap<sup>&#174;</sup> Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.<br/><br/>The Fund&#8217;s benchmark index is the Russell 2500<sup>&#174;</sup> Value Index. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing. <br/><br/><b>Investment Style Risk.</b>&nbsp;&nbsp;Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.<br/><br/><b>Large Shareholder Transactions Risk.</b>&nbsp;&nbsp;The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund&#8217;s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund&#8217;s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund&#8217;s current expenses being allocated over a smaller asset base, leading to an increase in the Fund&#8217;s expense ratio.<br/><br/><b>Market Risk.</b>&nbsp;&nbsp;The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b>&nbsp;&nbsp;Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Portfolio Turnover Rate Risk.</b>&nbsp;&nbsp;A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.<br/><br/><b>REIT Risk.</b>&nbsp;&nbsp;Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price. <br/><br/><b>Stock Risk.</b>&nbsp;&nbsp;Stock prices have historically risen and fallen in periodic cycles. U.S.&nbsp;and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance</b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Institutional Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus. <br/><br/> Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN CALENDAR&nbsp;YEAR&nbsp;(INSTITUTIONAL)</b> The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.95%.<br/><br/>Best Quarter<br/>Q4 &#8216;16 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+8.05%<br/><br/>Worst Quarter<br/>Q3 &#8216;15 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;9.29% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December&nbsp;31, 2016</b> The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class&nbsp;A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class&nbsp;A Shares&#8221; beginning on page&nbsp;56 and &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class T Shares&#8221; beginning on page 59 and in Appendix D&#8212;Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page&nbsp;B-106 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The &#8220;Other Expenses&#8221; for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. December 29, 2018 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a)&nbsp;changes in the performance of the Fund&#8217;s Institutional Shares from year to year; and (b)&nbsp;how the average annual total returns of the Fund&#8217;s Class&nbsp;A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. www.gsamfunds.com/performance The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The after-tax returns are for Class&nbsp;A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0.025 0 0.01 0 0 0 0 0 0.008 0.008 0.008 0.008 0.008 0.008 0.008 0.0025 0.0075 0 0 0.005 0 0.0025 0.0063 0.0088 0.0049 0.0063 0.0063 0.0048 0.0063 0 0.0025 0 0 0 0 0 0.0063 0.0063 0.0049 0.0063 0.0063 0.0048 0.0063 0.0168 0.0243 0.0129 0.0143 0.0193 0.0128 0.0168 -0.0045 -0.0045 -0.0045 -0.0045 -0.0045 -0.0045 -0.0045 0.0123 0.0198 0.0084 0.0098 0.0148 0.0083 0.0123 668 1009 1372 2392 301 715 1255 2732 86 365 664 1517 100 408 739 1674 151 563 1000 2217 85 361 659 1506 372 724 1099 2151 201 715 1255 2732 -0.0436 0.1686 2014-01-31 0.1044 0.0536 2014-01-31 0.1029 0.0502 2014-01-31 0.0604 0.0402 2014-01-31 0.2512 0.0946 2014-01-31 0.1508 0.0668 2014-01-31 0.2512 0.0946 2014-01-31 0.1738 0.0794 2014-01-31 0.2512 0.0946 2014-01-31 0.172 0.0769 2014-01-31 0.2512 0.0946 2014-01-31 0.1659 0.0719 2014-01-31 0.2512 0.0946 2015-07-31 0.1738 0.0795 2015-07-31 0.2512 0.0946 0.1044 0.0536 0.2512 0.0946 50000 250000 1.08 total return 2017-09-30 0.0795 Best Quarter 2016-12-31 0.0805 Worst Quarter 2015-09-30 -0.0929 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualFundOperatingExpenses000143 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000146 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000145 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000144 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000147 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleShareholderFees000142 column period compact * ~</div> 0.1933 -0.4012 0.5758 0.1863 -0.0406 0.1902 0.3182 0.1099 -0.0562 0.0111 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2015-07-31 2015-07-31 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000066 column period compact * ~</div> 0.13 -0.0507 0.182 0.3296 0.1237 -0.0216 0.0459 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000016 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000017 column period compact * ~</div> A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleTransposed000044 column period compact * ~</div> 0.4985 0.143 -0.0524 0.1891 0.3315 0.1323 0.0179 0.0178 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2015-07-31 2015-07-31 2015-07-31 The Fund's "Management Fees" have been restated to reflect current fees. 2008-01-31 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000046 column period compact * ~</div> 1990-04-20 1990-04-20 1990-04-20 1990-04-20 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2015-07-31 2015-07-31 0.1313 -0.4391 0.4825 0.1085 -0.0326 0.1933 0.2937 0.1172 0.0135 -0.0031 0.0958 -0.4272 0.4822 0.1083 -0.0147 0.185 0.3167 0.1368 0.0195 0.019 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000036 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000026 column period compact * ~</div> A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000027 column period compact * ~</div> In addition, as of that date, the Fund&#8217;s benchmark was changed from the Russell 3000<sup>&#174;</sup> Growth Index to the S&amp;P 500<sup>&#174;</sup> Index. The Investment Adviser believes that the S&amp;P 500<sup>&#174;</sup> Index is a more appropriate index against which to measure performance in light of the changes to the Fund's investment strategy. 0.0291 -0.3665 0.327 0.2436 -0.0661 0.1798 0.3243 0.1325 -0.0946 0.1281 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 2010-09-30 2010-09-30 2017-12-29 2017-12-29 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000126 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000127 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000125 column period compact * ~</div> 0.1451 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000106 column period compact * ~</div> 0.1951 0.056 0.1115 -0.4021 0.4347 0.1053 -0.03 0.1943 0.3202 0.1308 0.0312 0.0131 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000056 column period compact * ~</div> <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000087 column period compact * ~</div> 0.2743 -0.454 0.6927 0.2427 -0.1325 0.2044 0.2856 0.1003 0.0767 0.0613 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000086 column period compact * ~</div> <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> AVERAGE ANNUAL TOTAL RETURN<br /><br /><b>For the period ended December 31, 2016</b> -0.0571 -0.2715 0.277 0.2588 0.0042 0.1602 0.3828 0.0686 -0.0577 0.2408 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000136 column period compact * ~</div> As of the date of the Prospectus, Class T Shares have not commenced operations. As of the date of the Prospectus, Class T Shares have not commenced operations. 0 0 0.035 -0.3721 0.2476 0.1213 -0.0781 0.1915 0.3259 0.1226 -0.0466 0.1129 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000116 column period compact * ~</div> 0.0142 -0.3543 0.1826 0.1148 -0.0769 0.1953 0.3247 0.113 -0.0308 0.1321 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000096 column period compact * ~</div> 1992-10-22 1992-10-22 1992-10-22 1992-10-22 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2015-07-31 2015-07-31 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000077 column period compact * ~</div> AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2016 </b> 0.1885 -0.4008 0.5857 0.2112 -0.0427 0.2075 0.3554 0.1062 -0.0116 -0.0024 <div style="display:none">~ http://www.gsamfunds.com/role/ScheduleAnnualTotalReturnsBarChart000076 column period compact * ~</div> 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2015-07-31 2015-07-31 The Fund's "Management Fees" have been restated to reflect current fees. After Fee Waiver and Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.084% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, and Class R Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. After Expense Limitation As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. After Fee Waiver and Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class A, Class C, Investor, Class R and Class R6 Shares have been restated to reflect current fees, and the “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. After Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. After Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. After Fee Waiver and Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. After Fee Waiver and Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.014% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.05% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. After Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class R6 and Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. After Fee Waiver and Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current expenses. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.07% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. After Expense Limitation A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Fund’s “Management Fees” have been restated to reflect current fees. The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. Class R6 Shares commenced operations on December 29, 2017. Prior to that date, the performance of Class R6 Shares shown in the table above is that of Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.064% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees. 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Aug. 31, 2017
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Central Index Key dei_EntityCentralIndexKey 0000822977
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Dec. 26, 2017
Document Effective Date dei_DocumentEffectiveDate Dec. 29, 2017
Prospectus Date rr_ProspectusDate Dec. 29, 2017
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Goldman Sachs Blue Chip Fund
Goldman Sachs Blue Chip Fund—Summary
Investment Objective
The Goldman Sachs Blue Chip Fund (formerly Goldman Sachs Dynamic U.S. Equity Fund) (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you invest at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Blue Chip Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Blue Chip Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Management Fees [1] 0.55% 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none none 0.50% none
Other Expenses 3.71% 3.96% 3.57% 3.71% 3.71% 3.56%
Service Fees none 0.25% none none none none
All Other Expenses 3.71% 3.71% 3.57% 3.71% 3.71% 3.56%
Total Annual Fund Operating Expenses 4.51% 5.26% 4.12% 4.26% 4.76% 4.11%
Fee Waiver and Expense Limitation [2] (3.48%) (3.48%) (3.45%) (3.48%) (3.48%) (3.45%)
Total Annual Fund Operating Expenses [3] 1.03% 1.78% 0.67% 0.78% 1.28% 0.66%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.084% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, and Class R Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[3] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Blue Chip Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 649 1,540 2,439 4,726
Class C Shares 281 1,264 2,341 5,010
Institutional Shares 68 936 1,818 4,094
Investor Shares 80 974 1,882 4,211
Class R Shares 130 1,120 2,115 4,622
Class R6 Shares 67 933 1,814 4,085
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Blue Chip Fund | Class C Shares | USD ($) 181 1,264 2,341 5,010
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 77% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments of “blue chip” companies. Blue chip companies are companies that, in the Investment Adviser’s view, enjoy characteristics that include strong market positions, seasoned management teams, solid financial fundamentals and high-quality reputations. Although blue chip companies generally have large or medium market capitalizations, the Investment Adviser may invest in companies that it believes have good, long-term prospects to become well-known, established or blue chip companies. The Fund may also invest up to 20% of its Net Assets in foreign securities.

The Fund’s portfolio managers combine ideas from the Goldman Sachs Asset Management Growth and Value Teams to provide broad U.S. equity market exposure using securities of “blue chip” companies of any investment style. The Goldman Sachs Asset Management Growth Team uses fundamental research to identify strong business franchises with favorable long-term growth prospects, excellent management and high-quality reputations. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team’s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations.

The Fund’s benchmark index is the S&P 500® Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign Risk.   Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R and Class R6 Shares compare to those of a broad-based securities market index. Between May 1, 2015 through October 31, 2017, the Fund had been known as the Goldman Sachs Dynamic U.S. Equity Fund and, since the Fund’s inception through April 30, 2015, the Fund had been known as the Goldman Sachs U.S. Equity Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to October 31, 2017 reflects the performance resulting from the Fund’s former strategies. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 12.72%.

Best Quarter
Q1 ‘12          +14.96%

Worst Quarter
Q3 ‘11          –16.97%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Blue Chip Fund
1 Year
5 Years
Since Inception
Inception Date
Class A Shares (1.17%) 11.29% 9.30% Nov. 30, 2009
Class A Shares | Returns After Taxes on Distributions (1.29%) 9.32% 7.88% Nov. 30, 2009
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (0.55%) 8.81% 7.36% Nov. 30, 2009
Class A Shares | S&P 500® Index (reflects no deduction for fees or expenses) 11.93% 14.64% 12.96% Nov. 30, 2009
Class C Shares 2.84% 11.73% 9.34% Nov. 30, 2009
Class C Shares | S&P 500® Index (reflects no deduction for fees or expenses) 11.93% 14.64% 12.96% Nov. 30, 2009
Institutional Shares 5.07% 13.03% 10.62% Nov. 30, 2009
Institutional Shares | S&P 500® Index (reflects no deduction for fees or expenses) 11.93% 14.64% 12.96% Nov. 30, 2009
Investor Shares 4.92% 12.85% 10.44% Nov. 30, 2009
Investor Shares | S&P 500® Index (reflects no deduction for fees or expenses) 11.93% 14.64% 12.96% Nov. 30, 2009
Class R Shares 4.36% 12.30% 9.90% Nov. 30, 2009
Class R Shares | S&P 500® Index (reflects no deduction for fees or expenses) 11.93% 14.64% 12.96% Nov. 30, 2009
Class R6 Shares [1] 5.00% 13.03% 10.63% Jul. 31, 2015
Class R6 Shares | S&P 500® Index (reflects no deduction for fees or expenses) [1] 11.93% 14.64% 12.96% Jul. 31, 2015
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor and Class R6 Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 13 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Blue Chip Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Blue Chip Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Blue Chip Fund (formerly Goldman Sachs Dynamic U.S. Equity Fund) (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you invest at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 77% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 77.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you invest at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R and/or Class R6 Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments of “blue chip” companies. Blue chip companies are companies that, in the Investment Adviser’s view, enjoy characteristics that include strong market positions, seasoned management teams, solid financial fundamentals and high-quality reputations. Although blue chip companies generally have large or medium market capitalizations, the Investment Adviser may invest in companies that it believes have good, long-term prospects to become well-known, established or blue chip companies. The Fund may also invest up to 20% of its Net Assets in foreign securities.

The Fund’s portfolio managers combine ideas from the Goldman Sachs Asset Management Growth and Value Teams to provide broad U.S. equity market exposure using securities of “blue chip” companies of any investment style. The Goldman Sachs Asset Management Growth Team uses fundamental research to identify strong business franchises with favorable long-term growth prospects, excellent management and high-quality reputations. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team’s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations.

The Fund’s benchmark index is the S&P 500® Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign Risk.   Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R and Class R6 Shares compare to those of a broad-based securities market index. Between May 1, 2015 through October 31, 2017, the Fund had been known as the Goldman Sachs Dynamic U.S. Equity Fund and, since the Fund’s inception through April 30, 2015, the Fund had been known as the Goldman Sachs U.S. Equity Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to October 31, 2017 reflects the performance resulting from the Fund’s former strategies. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R and Class R6 Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 12.72%.

Best Quarter
Q1 ‘12          +14.96%

Worst Quarter
Q3 ‘11          –16.97%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor and Class R6 Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor and Class R6 Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Blue Chip Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 3.71%
Other Expenses rr_OtherExpensesOverAssets 3.71%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.51%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.48%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.03% [4]
1 Year rr_ExpenseExampleYear01 $ 649
3 Years rr_ExpenseExampleYear03 1,540
5 Years rr_ExpenseExampleYear05 2,439
10 Years rr_ExpenseExampleYear10 $ 4,726
2010 rr_AnnualReturn2010 13.00%
2011 rr_AnnualReturn2011 (5.07%)
2012 rr_AnnualReturn2012 18.20%
2013 rr_AnnualReturn2013 32.96%
2014 rr_AnnualReturn2014 12.37%
2015 rr_AnnualReturn2015 (2.16%)
2016 rr_AnnualReturn2016 4.59%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.72%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.96%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.97%)
1 Year rr_AverageAnnualReturnYear01 (1.17%)
5 Years rr_AverageAnnualReturnYear05 11.29%
Since Inception rr_AverageAnnualReturnSinceInception 9.30%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 3.71%
Other Expenses rr_OtherExpensesOverAssets 3.96%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 5.26%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.48%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.78% [4]
1 Year rr_ExpenseExampleYear01 $ 281
3 Years rr_ExpenseExampleYear03 1,264
5 Years rr_ExpenseExampleYear05 2,341
10 Years rr_ExpenseExampleYear10 5,010
1 Year rr_ExpenseExampleNoRedemptionYear01 181
3 Years rr_ExpenseExampleNoRedemptionYear03 1,264
5 Years rr_ExpenseExampleNoRedemptionYear05 2,341
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 5,010
1 Year rr_AverageAnnualReturnYear01 2.84%
5 Years rr_AverageAnnualReturnYear05 11.73%
Since Inception rr_AverageAnnualReturnSinceInception 9.34%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 3.57%
Other Expenses rr_OtherExpensesOverAssets 3.57%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.12%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.45%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.67% [4]
1 Year rr_ExpenseExampleYear01 $ 68
3 Years rr_ExpenseExampleYear03 936
5 Years rr_ExpenseExampleYear05 1,818
10 Years rr_ExpenseExampleYear10 $ 4,094
1 Year rr_AverageAnnualReturnYear01 5.07%
5 Years rr_AverageAnnualReturnYear05 13.03%
Since Inception rr_AverageAnnualReturnSinceInception 10.62%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 3.71%
Other Expenses rr_OtherExpensesOverAssets 3.71%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.26%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.48%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.78% [4]
1 Year rr_ExpenseExampleYear01 $ 80
3 Years rr_ExpenseExampleYear03 974
5 Years rr_ExpenseExampleYear05 1,882
10 Years rr_ExpenseExampleYear10 $ 4,211
1 Year rr_AverageAnnualReturnYear01 4.92%
5 Years rr_AverageAnnualReturnYear05 12.85%
Since Inception rr_AverageAnnualReturnSinceInception 10.44%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 3.71%
Other Expenses rr_OtherExpensesOverAssets 3.71%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.76%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.48%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.28% [4]
1 Year rr_ExpenseExampleYear01 $ 130
3 Years rr_ExpenseExampleYear03 1,120
5 Years rr_ExpenseExampleYear05 2,115
10 Years rr_ExpenseExampleYear10 $ 4,622
1 Year rr_AverageAnnualReturnYear01 4.36%
5 Years rr_AverageAnnualReturnYear05 12.30%
Since Inception rr_AverageAnnualReturnSinceInception 9.90%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 3.56%
Other Expenses rr_OtherExpensesOverAssets 3.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.11%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (3.45%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.66% [4]
1 Year rr_ExpenseExampleYear01 $ 67
3 Years rr_ExpenseExampleYear03 933
5 Years rr_ExpenseExampleYear05 1,814
10 Years rr_ExpenseExampleYear10 $ 4,085
1 Year rr_AverageAnnualReturnYear01 5.00% [5]
5 Years rr_AverageAnnualReturnYear05 13.03% [5]
Since Inception rr_AverageAnnualReturnSinceInception 10.63% [5]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [5]
Goldman Sachs Blue Chip Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.29%)
5 Years rr_AverageAnnualReturnYear05 9.32%
Since Inception rr_AverageAnnualReturnSinceInception 7.88%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.55%)
5 Years rr_AverageAnnualReturnYear05 8.81%
Since Inception rr_AverageAnnualReturnSinceInception 7.36%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 12.96%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 12.96%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 12.96%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 12.96%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 12.96%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs Blue Chip Fund | S&P 500® Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93% [5]
5 Years rr_AverageAnnualReturnYear05 14.64% [5]
Since Inception rr_AverageAnnualReturnSinceInception 12.96% [5]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [5]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.084% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, and Class R Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
[5] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
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Goldman Sachs Capital Growth Fund
Goldman Sachs Capital Growth Fund—Summary
Investment Objective
The Goldman Sachs Capital Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Capital Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Capital Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.25% 0.50% 0.11% 0.36% 0.25% 0.25% 0.10% 0.25%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.25% 0.25% 0.11% 0.11% 0.25% 0.25% 0.10% 0.25%
Total Annual Fund Operating Expenses 1.21% 1.96% 0.82% 1.32% 0.96% 1.46% 0.81% 1.21%
Expense Limitation [3] (0.07%) (0.07%) (0.07%) (0.07%) (0.07%) (0.07%) (0.07%) (0.07%)
Total Annual Fund Operating Expenses [4] 1.14% 1.89% 0.75% 1.25% 0.89% 1.39% 0.74% 1.14%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Capital Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 660 906 1,172 1,929
Class C Shares 292 609 1,051 2,280
Institutional Shares 77 255 448 1,007
Service Shares 127 411 717 1,584
Investor Shares 91 299 524 1,172
Class R Shares 142 455 791 1,740
Class R6 Shares 76 252 443 995
Class T Shares 363 618 892 1,673
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Capital Growth Fund | Class C Shares | USD ($) 192 609 1,051 2,280
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 48% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-130 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund's benchmark index is the Russell 1000® Growth Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including "Best Quarter" and "Worst Quarter" information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 22.98%.

Best Quarter
Q2 ‘09          +22.11%

Worst Quarter
Q4 ‘08          –28.66%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Capital Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares (3.68%) 11.73% 5.86% 8.77% Apr. 20, 1990
Class A Shares | Returns After Taxes on Distributions (4.01%) 9.29% 4.57% 7.00% Apr. 20, 1990
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (1.81%) 9.12% 4.56% 6.77% Apr. 20, 1990
Class A Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 9.32% Apr. 20, 1990
Class C Shares 0.11% 12.15% 5.66% 5.00% Aug. 15, 1997
Class C Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 5.83% Aug. 15, 1997
Institutional Shares 2.33% 13.45% 6.88% 6.20% Aug. 15, 1997
Institutional Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 5.83% Aug. 15, 1997
Service Shares 1.81% 12.88% 6.35% 5.68% Aug. 15, 1997
Service Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 5.83% Aug. 15, 1997
Investor Shares 2.16% 13.28% 6.39% Nov. 30, 2007
Investor Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 7.82% Nov. 30, 2007
Class R Shares 1.68% 12.72% 5.87% Nov. 30, 2007
Class R Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 7.82% Nov. 30, 2007
Class R6 Shares [1] 2.34% 13.45% 6.88% 6.20% Jul. 31, 2015
Class R6 Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [1] 7.06% 14.48% 8.33% 5.83% Jul. 31, 2015
Class T Shares [2] (3.68%) 11.73% 5.86% 8.77%  
Class T Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [2] 7.06% 14.48% 8.33% 9.32%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 16 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Capital Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Capital Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Capital Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 48% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 48.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-130 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund's benchmark index is the Russell 1000® Growth Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including "Best Quarter" and "Worst Quarter" information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 22.98%.

Best Quarter
Q2 ‘09          +22.11%

Worst Quarter
Q4 ‘08          –28.66%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Capital Growth Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.21%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.14% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 660
3 Years rr_ExpenseExampleYear03 906
5 Years rr_ExpenseExampleYear05 1,172
10 Years rr_ExpenseExampleYear10 $ 1,929
2007 rr_AnnualReturn2007 9.58%
2008 rr_AnnualReturn2008 (42.72%)
2009 rr_AnnualReturn2009 48.22%
2010 rr_AnnualReturn2010 10.83%
2011 rr_AnnualReturn2011 (1.47%)
2012 rr_AnnualReturn2012 18.50%
2013 rr_AnnualReturn2013 31.67%
2014 rr_AnnualReturn2014 13.68%
2015 rr_AnnualReturn2015 1.95%
2016 rr_AnnualReturn2016 1.90%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 22.98%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.11%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.66%)
1 Year rr_AverageAnnualReturnYear01 (3.68%)
5 Years rr_AverageAnnualReturnYear05 11.73%
10 Years rr_AverageAnnualReturnYear10 5.86%
Since Inception rr_AverageAnnualReturnSinceInception 8.77%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.50% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.96%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.89% [5]
1 Year rr_ExpenseExampleYear01 $ 292
3 Years rr_ExpenseExampleYear03 609
5 Years rr_ExpenseExampleYear05 1,051
10 Years rr_ExpenseExampleYear10 2,280
1 Year rr_ExpenseExampleNoRedemptionYear01 192
3 Years rr_ExpenseExampleNoRedemptionYear03 609
5 Years rr_ExpenseExampleNoRedemptionYear05 1,051
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,280
1 Year rr_AverageAnnualReturnYear01 0.11%
5 Years rr_AverageAnnualReturnYear05 12.15%
10 Years rr_AverageAnnualReturnYear10 5.66%
Since Inception rr_AverageAnnualReturnSinceInception 5.00%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.11%
Other Expenses rr_OtherExpensesOverAssets 0.11% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.82%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.75% [5]
1 Year rr_ExpenseExampleYear01 $ 77
3 Years rr_ExpenseExampleYear03 255
5 Years rr_ExpenseExampleYear05 448
10 Years rr_ExpenseExampleYear10 $ 1,007
1 Year rr_AverageAnnualReturnYear01 2.33%
5 Years rr_AverageAnnualReturnYear05 13.45%
10 Years rr_AverageAnnualReturnYear10 6.88%
Since Inception rr_AverageAnnualReturnSinceInception 6.20%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.11%
Other Expenses rr_OtherExpensesOverAssets 0.36% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.32%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.25% [5]
1 Year rr_ExpenseExampleYear01 $ 127
3 Years rr_ExpenseExampleYear03 411
5 Years rr_ExpenseExampleYear05 717
10 Years rr_ExpenseExampleYear10 $ 1,584
1 Year rr_AverageAnnualReturnYear01 1.81%
5 Years rr_AverageAnnualReturnYear05 12.88%
10 Years rr_AverageAnnualReturnYear10 6.35%
Since Inception rr_AverageAnnualReturnSinceInception 5.68%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.96%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.89% [5]
1 Year rr_ExpenseExampleYear01 $ 91
3 Years rr_ExpenseExampleYear03 299
5 Years rr_ExpenseExampleYear05 524
10 Years rr_ExpenseExampleYear10 $ 1,172
1 Year rr_AverageAnnualReturnYear01 2.16%
5 Years rr_AverageAnnualReturnYear05 13.28%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.39%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.39% [5]
1 Year rr_ExpenseExampleYear01 $ 142
3 Years rr_ExpenseExampleYear03 455
5 Years rr_ExpenseExampleYear05 791
10 Years rr_ExpenseExampleYear10 $ 1,740
1 Year rr_AverageAnnualReturnYear01 1.68%
5 Years rr_AverageAnnualReturnYear05 12.72%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 5.87%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.10% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.81%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.74% [5]
1 Year rr_ExpenseExampleYear01 $ 76
3 Years rr_ExpenseExampleYear03 252
5 Years rr_ExpenseExampleYear05 443
10 Years rr_ExpenseExampleYear10 $ 995
1 Year rr_AverageAnnualReturnYear01 2.34% [6]
5 Years rr_AverageAnnualReturnYear05 13.45% [6]
10 Years rr_AverageAnnualReturnYear10 6.88% [6]
Since Inception rr_AverageAnnualReturnSinceInception 6.20% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Capital Growth Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.21%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.07%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.14% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 363
3 Years rr_ExpenseExampleYear03 618
5 Years rr_ExpenseExampleYear05 892
10 Years rr_ExpenseExampleYear10 $ 1,673
1 Year rr_AverageAnnualReturnYear01 (3.68%) [7]
5 Years rr_AverageAnnualReturnYear05 11.73% [7]
10 Years rr_AverageAnnualReturnYear10 5.86% [7]
Since Inception rr_AverageAnnualReturnSinceInception 8.77% [7]
Goldman Sachs Capital Growth Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.01%)
5 Years rr_AverageAnnualReturnYear05 9.29%
10 Years rr_AverageAnnualReturnYear10 4.57%
Since Inception rr_AverageAnnualReturnSinceInception 7.00%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.81%)
5 Years rr_AverageAnnualReturnYear05 9.12%
10 Years rr_AverageAnnualReturnYear10 4.56%
Since Inception rr_AverageAnnualReturnSinceInception 6.77%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 9.32%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 5.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 5.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 5.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.82%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.82%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [6]
5 Years rr_AverageAnnualReturnYear05 14.48% [6]
10 Years rr_AverageAnnualReturnYear10 8.33% [6]
Since Inception rr_AverageAnnualReturnSinceInception 5.83% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [7]
5 Years rr_AverageAnnualReturnYear05 14.48% [7]
10 Years rr_AverageAnnualReturnYear10 8.33% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.32% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Concentrated Growth Fund
Goldman Sachs Concentrated Growth Fund—Summary
Investment Objective
The Goldman Sachs Concentrated Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Concentrated Growth Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Concentrated Growth Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Management Fees [1] 0.76% 0.76% 0.76% 0.76% 0.76% 0.76% 0.76%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none none 0.50% none 0.25%
Other Expenses [2] 0.40% 0.65% 0.26% 0.40% 0.40% 0.25% 0.40%
Service Fees none 0.25% none none none none none
All Other Expenses 0.40% 0.40% 0.26% 0.40% 0.40% 0.25% 0.40%
Total Annual Fund Operating Expenses 1.41% 2.16% 1.02% 1.16% 1.66% 1.01% 1.41%
Fee Waiver and Expense Limitation [3] (0.25%) (0.25%) (0.22%) (0.25%) (0.25%) (0.22%) (0.25%)
Total Annual Fund Operating Expenses [4] 1.16% 1.91% 0.80% 0.91% 1.41% 0.79% 1.16%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Concentrated Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 662 948 1,256 2,127
Class C Shares 294 652 1,137 2,473
Institutional Shares 82 303 542 1,228
Investor Shares 93 344 614 1,387
Class R Shares 144 499 879 1,944
Class R6 Shares 81 300 536 1,216
Class T Shares 365 661 979 1,878
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Concentrated Growth Fund | Class C Shares | USD ($) 194 652 1,137 2,473
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 54% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.
The Fund's benchmark index is the Russell 1000® Growth Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 20.18%.

Best Quarter
Q2 ‘09          +20.85%

Worst Quarter
Q4 ‘08          –31.57%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Concentrated Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares (5.76%) 10.49% 5.19% 6.40% Sep. 03, 2002
Class A Shares | Returns After Taxes on Distributions (5.91%) 8.27% 4.01% 5.48% Sep. 03, 2002
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (3.14%) 8.10% 4.04% 5.20% Sep. 03, 2002
Class A Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 8.88% Sep. 03, 2002
Class C Shares (2.05%) 10.90% 5.00% 6.01% Sep. 03, 2002
Class C Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 8.88% Sep. 03, 2002
Institutional Shares 0.08% 12.20% 6.21% 7.25% Sep. 03, 2002
Institutional Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 8.88% Sep. 03, 2002
Investor Shares (0.11%) 12.03% 5.20% Nov. 30, 2007
Investor Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 7.82% Nov. 30, 2007
Class R Shares (0.52%) 11.48% 4.70% Nov. 30, 2007
Class R Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 7.82% Nov. 30, 2007
Class R6 Shares [1] 0.09% 12.21% 6.22% 7.25% Jul. 31, 2015
Class R6 Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [1] 7.06% 14.48% 8.33% 8.88% Jul. 31, 2015
Class T Shares [2] (5.76%) 10.49% 5.19% 6.40%  
Class T Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [2] 7.06% 14.48% 8.33% 8.88%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 19 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Concentrated Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Concentrated Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Concentrated Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 54% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 54.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.
The Fund's benchmark index is the Russell 1000® Growth Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 20.18%.

Best Quarter
Q2 ‘09          +20.85%

Worst Quarter
Q4 ‘08          –31.57%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Concentrated Growth Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.40%
Other Expenses rr_OtherExpensesOverAssets 0.40% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.25%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.16% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 662
3 Years rr_ExpenseExampleYear03 948
5 Years rr_ExpenseExampleYear05 1,256
10 Years rr_ExpenseExampleYear10 $ 2,127
2007 rr_AnnualReturn2007 13.13%
2008 rr_AnnualReturn2008 (43.91%)
2009 rr_AnnualReturn2009 48.25%
2010 rr_AnnualReturn2010 10.85%
2011 rr_AnnualReturn2011 (3.26%)
2012 rr_AnnualReturn2012 19.33%
2013 rr_AnnualReturn2013 29.37%
2014 rr_AnnualReturn2014 11.72%
2015 rr_AnnualReturn2015 1.35%
2016 rr_AnnualReturn2016 (0.31%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.18%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.85%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (31.57%)
1 Year rr_AverageAnnualReturnYear01 (5.76%)
5 Years rr_AverageAnnualReturnYear05 10.49%
10 Years rr_AverageAnnualReturnYear10 5.19%
Since Inception rr_AverageAnnualReturnSinceInception 6.40%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.40%
Other Expenses rr_OtherExpensesOverAssets 0.65% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.25%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.91% [5]
1 Year rr_ExpenseExampleYear01 $ 294
3 Years rr_ExpenseExampleYear03 652
5 Years rr_ExpenseExampleYear05 1,137
10 Years rr_ExpenseExampleYear10 2,473
1 Year rr_ExpenseExampleNoRedemptionYear01 194
3 Years rr_ExpenseExampleNoRedemptionYear03 652
5 Years rr_ExpenseExampleNoRedemptionYear05 1,137
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,473
1 Year rr_AverageAnnualReturnYear01 (2.05%)
5 Years rr_AverageAnnualReturnYear05 10.90%
10 Years rr_AverageAnnualReturnYear10 5.00%
Since Inception rr_AverageAnnualReturnSinceInception 6.01%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.02%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.22%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.80% [5]
1 Year rr_ExpenseExampleYear01 $ 82
3 Years rr_ExpenseExampleYear03 303
5 Years rr_ExpenseExampleYear05 542
10 Years rr_ExpenseExampleYear10 $ 1,228
1 Year rr_AverageAnnualReturnYear01 0.08%
5 Years rr_AverageAnnualReturnYear05 12.20%
10 Years rr_AverageAnnualReturnYear10 6.21%
Since Inception rr_AverageAnnualReturnSinceInception 7.25%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.40%
Other Expenses rr_OtherExpensesOverAssets 0.40% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.25%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.91% [5]
1 Year rr_ExpenseExampleYear01 $ 93
3 Years rr_ExpenseExampleYear03 344
5 Years rr_ExpenseExampleYear05 614
10 Years rr_ExpenseExampleYear10 $ 1,387
1 Year rr_AverageAnnualReturnYear01 (0.11%)
5 Years rr_AverageAnnualReturnYear05 12.03%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 5.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.40%
Other Expenses rr_OtherExpensesOverAssets 0.40% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.66%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.25%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.41% [5]
1 Year rr_ExpenseExampleYear01 $ 144
3 Years rr_ExpenseExampleYear03 499
5 Years rr_ExpenseExampleYear05 879
10 Years rr_ExpenseExampleYear10 $ 1,944
1 Year rr_AverageAnnualReturnYear01 (0.52%)
5 Years rr_AverageAnnualReturnYear05 11.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 4.70%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.01%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.22%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.79% [5]
1 Year rr_ExpenseExampleYear01 $ 81
3 Years rr_ExpenseExampleYear03 300
5 Years rr_ExpenseExampleYear05 536
10 Years rr_ExpenseExampleYear10 $ 1,216
1 Year rr_AverageAnnualReturnYear01 0.09% [6]
5 Years rr_AverageAnnualReturnYear05 12.21% [6]
10 Years rr_AverageAnnualReturnYear10 6.22% [6]
Since Inception rr_AverageAnnualReturnSinceInception 7.25% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Concentrated Growth Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.76% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.40%
Other Expenses rr_OtherExpensesOverAssets 0.40% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.25%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.16% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 365
3 Years rr_ExpenseExampleYear03 661
5 Years rr_ExpenseExampleYear05 979
10 Years rr_ExpenseExampleYear10 $ 1,878
1 Year rr_AverageAnnualReturnYear01 (5.76%) [7]
5 Years rr_AverageAnnualReturnYear05 10.49% [7]
10 Years rr_AverageAnnualReturnYear10 5.19% [7]
Since Inception rr_AverageAnnualReturnSinceInception 6.40% [7]
Goldman Sachs Concentrated Growth Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.91%)
5 Years rr_AverageAnnualReturnYear05 8.27%
10 Years rr_AverageAnnualReturnYear10 4.01%
Since Inception rr_AverageAnnualReturnSinceInception 5.48%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (3.14%)
5 Years rr_AverageAnnualReturnYear05 8.10%
10 Years rr_AverageAnnualReturnYear10 4.04%
Since Inception rr_AverageAnnualReturnSinceInception 5.20%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 8.88%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 8.88%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 8.88%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.82%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.82%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [6]
5 Years rr_AverageAnnualReturnYear05 14.48% [6]
10 Years rr_AverageAnnualReturnYear10 8.33% [6]
Since Inception rr_AverageAnnualReturnSinceInception 8.88% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [7]
5 Years rr_AverageAnnualReturnYear05 14.48% [7]
10 Years rr_AverageAnnualReturnYear10 8.33% [7]
Since Inception rr_AverageAnnualReturnSinceInception 8.88% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[5] After Fee Waiver and Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Flexible Cap Fund
Goldman Sachs Flexible Cap Fund—Summary
Investment Objective
The Goldman Sachs Flexible Cap Fund (formerly Goldman Sachs Flexible Cap Growth Fund) (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Flexible Cap Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Flexible Cap Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Management Fees [1] 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none none 0.50% none 0.25%
Other Expenses [2] 1.76% 2.01% 1.62% 1.76% 1.76% 1.61% 1.76%
Service Fees none 0.25% none none none none none
All Other Expenses 1.76% 1.76% 1.62% 1.76% 1.76% 1.61% 1.76%
Total Annual Fund Operating Expenses 2.56% 3.31% 2.17% 2.31% 2.81% 2.16% 2.56%
Fee Waiver and Expense Limitation [3] (1.61%) (1.61%) (1.58%) (1.61%) (1.61%) (1.58%) (1.61%)
Total Annual Fund Operating Expenses [4] 0.95% 1.70% 0.59% 0.70% 1.20% 0.58% 0.95%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class A, Class C, Investor, Class R and Class R6 Shares have been restated to reflect current fees, and the “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Flexible Cap Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 642 1,157 1,699 3,172
Class C Shares 273 868 1,587 3,494
Institutional Shares 60 526 1,019 2,378
Investor Shares 72 566 1,088 2,521
Class R Shares 122 718 1,341 3,021
Class R6 Shares 59 523 1,014 2,368
Class T Shares 344 877 1,435 2,955
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Flexible Cap Fund | Class C Shares | USD ($) 173 868 1,587 3,494
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 47% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to be positioned for long-term growth of capital. The Investment Adviser uses a combination of fundamental research and quantitative factors to achieve its investment objective. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to identify high-quality businesses with sustainable growth prospects, including strong business franchises, favorable long-term prospects, and excellent management. Investments will be further evaluated for their exposures to quantitative factors, such as, for example, valuation, profitability and volatility, to seek to enhance the Fund’s risk adjusted returns. Risk management, portfolio construction and sizing of positions will be informed by portfolio-level quantitative factor considerations. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the S&P 500® Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. Through August 31, 2017, the Fund had been known as the Goldman Sachs Flexible Cap Growth Fund, and certain of its principal investment strategies differed. Performance information set forth below reflects the performance resulting from the Fund’s former strategies prior to that date. In addition, as of that date, the Fund’s benchmark was changed from the Russell 3000® Growth Index to the S&P 500® Index. The Investment Adviser believes that the S&P 500® Index is a more appropriate index against which to measure performance in light of the changes to the Fund’s investment strategy. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 25.02%.

Best Quarter
Q2 ‘09          +20.03%

Worst Quarter
Q3 ‘11          –16.64%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Flexible Cap Fund
1 Year
5 Years
Since Inception
Inception Date
Class A Shares (3.81%) 11.91% 7.71% Jan. 31, 2008
Class A Shares | Returns After Taxes on Distributions (3.84%) 9.76% 6.30% Jan. 31, 2008
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (2.14%) 9.39% 6.11% Jan. 31, 2008
Class A Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) 11.93% 14.64% 8.12% Jan. 31, 2008
Class A Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) 7.37% 14.42% 9.01% Jan. 31, 2008
Class C Shares (0.02%) 12.34% 7.61% Jan. 31, 2008
Class C Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) 11.93% 14.64% 8.12% Jan. 31, 2008
Class C Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) 7.37% 14.42% 9.01% Jan. 31, 2008
Institutional Shares 2.20% 13.66% 8.85% Jan. 31, 2008
Institutional Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) 11.93% 14.64% 8.12% Jan. 31, 2008
Institutional Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) 7.37% 14.42% 9.01% Jan. 31, 2008
Investor Shares 2.06% 13.48% 8.68% Jan. 31, 2008
Investor Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) 11.93% 14.64% 8.12% Jan. 31, 2008
Investor Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) 7.37% 14.42% 9.01% Jan. 31, 2008
Class R Shares 1.56% 12.93% 8.16% Jan. 31, 2008
Class R Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) 11.93% 14.64% 8.12% Jan. 31, 2008
Class R Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) 7.37% 14.42% 9.01% Jan. 31, 2008
Class R6 Shares [1] 2.20% 13.66% 8.85% Jul. 31, 2015
Class R6 Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) [1] 11.93% 14.64% 8.12% Jul. 31, 2015
Class R6 Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) [1] 7.37% 14.42% 9.01% Jul. 31, 2015
Class T Shares [2] (3.81%) 11.91% 7.71%  
Class T Shares | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) [2] 11.93% 14.64% 8.12%  
Class T Shares | Russell 3000® Growth Index (reflects no deduction for fees or expenses) [2] 7.37% 14.42% 9.01%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 22 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Flexible Cap Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Flexible Cap Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Flexible Cap Fund (formerly Goldman Sachs Flexible Cap Growth Fund) (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 47% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 47.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.

The “Other Expenses” for Class A, Class C, Investor, Class R and Class R6 Shares have been restated to reflect current fees,
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to be positioned for long-term growth of capital. The Investment Adviser uses a combination of fundamental research and quantitative factors to achieve its investment objective. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to identify high-quality businesses with sustainable growth prospects, including strong business franchises, favorable long-term prospects, and excellent management. Investments will be further evaluated for their exposures to quantitative factors, such as, for example, valuation, profitability and volatility, to seek to enhance the Fund’s risk adjusted returns. Risk management, portfolio construction and sizing of positions will be informed by portfolio-level quantitative factor considerations. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the S&P 500® Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. Through August 31, 2017, the Fund had been known as the Goldman Sachs Flexible Cap Growth Fund, and certain of its principal investment strategies differed. Performance information set forth below reflects the performance resulting from the Fund’s former strategies prior to that date. In addition, as of that date, the Fund’s benchmark was changed from the Russell 3000® Growth Index to the S&P 500® Index. The Investment Adviser believes that the S&P 500® Index is a more appropriate index against which to measure performance in light of the changes to the Fund’s investment strategy. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 25.02%.

Best Quarter
Q2 ‘09          +20.03%

Worst Quarter
Q3 ‘11          –16.64%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged In addition, as of that date, the Fund’s benchmark was changed from the Russell 3000® Growth Index to the S&P 500® Index. The Investment Adviser believes that the S&P 500® Index is a more appropriate index against which to measure performance in light of the changes to the Fund's investment strategy.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Flexible Cap Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.76%
Other Expenses rr_OtherExpensesOverAssets 1.76% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.56%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.61%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.95% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 642
3 Years rr_ExpenseExampleYear03 1,157
5 Years rr_ExpenseExampleYear05 1,699
10 Years rr_ExpenseExampleYear10 $ 3,172
2009 rr_AnnualReturn2009 49.85%
2010 rr_AnnualReturn2010 14.30%
2011 rr_AnnualReturn2011 (5.24%)
2012 rr_AnnualReturn2012 18.91%
2013 rr_AnnualReturn2013 33.15%
2014 rr_AnnualReturn2014 13.23%
2015 rr_AnnualReturn2015 1.79%
2016 rr_AnnualReturn2016 1.78%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 25.02%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.03%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.64%)
1 Year rr_AverageAnnualReturnYear01 (3.81%)
5 Years rr_AverageAnnualReturnYear05 11.91%
Since Inception rr_AverageAnnualReturnSinceInception 7.71%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 1.76%
Other Expenses rr_OtherExpensesOverAssets 2.01% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.31%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.61%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.70% [5]
1 Year rr_ExpenseExampleYear01 $ 273
3 Years rr_ExpenseExampleYear03 868
5 Years rr_ExpenseExampleYear05 1,587
10 Years rr_ExpenseExampleYear10 3,494
1 Year rr_ExpenseExampleNoRedemptionYear01 173
3 Years rr_ExpenseExampleNoRedemptionYear03 868
5 Years rr_ExpenseExampleNoRedemptionYear05 1,587
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 3,494
1 Year rr_AverageAnnualReturnYear01 (0.02%)
5 Years rr_AverageAnnualReturnYear05 12.34%
Since Inception rr_AverageAnnualReturnSinceInception 7.61%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.62%
Other Expenses rr_OtherExpensesOverAssets 1.62% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.17%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.58%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.59% [5]
1 Year rr_ExpenseExampleYear01 $ 60
3 Years rr_ExpenseExampleYear03 526
5 Years rr_ExpenseExampleYear05 1,019
10 Years rr_ExpenseExampleYear10 $ 2,378
1 Year rr_AverageAnnualReturnYear01 2.20%
5 Years rr_AverageAnnualReturnYear05 13.66%
Since Inception rr_AverageAnnualReturnSinceInception 8.85%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.76%
Other Expenses rr_OtherExpensesOverAssets 1.76% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.31%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.61%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.70% [5]
1 Year rr_ExpenseExampleYear01 $ 72
3 Years rr_ExpenseExampleYear03 566
5 Years rr_ExpenseExampleYear05 1,088
10 Years rr_ExpenseExampleYear10 $ 2,521
1 Year rr_AverageAnnualReturnYear01 2.06%
5 Years rr_AverageAnnualReturnYear05 13.48%
Since Inception rr_AverageAnnualReturnSinceInception 8.68%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.76%
Other Expenses rr_OtherExpensesOverAssets 1.76% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.81%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.61%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.20% [5]
1 Year rr_ExpenseExampleYear01 $ 122
3 Years rr_ExpenseExampleYear03 718
5 Years rr_ExpenseExampleYear05 1,341
10 Years rr_ExpenseExampleYear10 $ 3,021
1 Year rr_AverageAnnualReturnYear01 1.56%
5 Years rr_AverageAnnualReturnYear05 12.93%
Since Inception rr_AverageAnnualReturnSinceInception 8.16%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.61%
Other Expenses rr_OtherExpensesOverAssets 1.61% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.58%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.58% [5]
1 Year rr_ExpenseExampleYear01 $ 59
3 Years rr_ExpenseExampleYear03 523
5 Years rr_ExpenseExampleYear05 1,014
10 Years rr_ExpenseExampleYear10 $ 2,368
1 Year rr_AverageAnnualReturnYear01 2.20% [6]
5 Years rr_AverageAnnualReturnYear05 13.66% [6]
Since Inception rr_AverageAnnualReturnSinceInception 8.85% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Flexible Cap Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.55% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 1.76%
Other Expenses rr_OtherExpensesOverAssets 1.76% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.56%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.61%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.95% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 344
3 Years rr_ExpenseExampleYear03 877
5 Years rr_ExpenseExampleYear05 1,435
10 Years rr_ExpenseExampleYear10 $ 2,955
1 Year rr_AverageAnnualReturnYear01 (3.81%) [7]
5 Years rr_AverageAnnualReturnYear05 11.91% [7]
Since Inception rr_AverageAnnualReturnSinceInception 7.71% [7]
Goldman Sachs Flexible Cap Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (3.84%)
5 Years rr_AverageAnnualReturnYear05 9.76%
Since Inception rr_AverageAnnualReturnSinceInception 6.30%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.14%)
5 Years rr_AverageAnnualReturnYear05 9.39%
Since Inception rr_AverageAnnualReturnSinceInception 6.11%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 8.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 8.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 8.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 8.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93%
5 Years rr_AverageAnnualReturnYear05 14.64%
Since Inception rr_AverageAnnualReturnSinceInception 8.12%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93% [6]
5 Years rr_AverageAnnualReturnYear05 14.64% [6]
Since Inception rr_AverageAnnualReturnSinceInception 8.12% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Flexible Cap Fund | S&P 500® Index (Total Return, Unhedged, USD) (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.93% [7]
5 Years rr_AverageAnnualReturnYear05 14.64% [7]
Since Inception rr_AverageAnnualReturnSinceInception 8.12% [7]
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37%
5 Years rr_AverageAnnualReturnYear05 14.42%
Since Inception rr_AverageAnnualReturnSinceInception 9.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37%
5 Years rr_AverageAnnualReturnYear05 14.42%
Since Inception rr_AverageAnnualReturnSinceInception 9.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37%
5 Years rr_AverageAnnualReturnYear05 14.42%
Since Inception rr_AverageAnnualReturnSinceInception 9.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37%
5 Years rr_AverageAnnualReturnYear05 14.42%
Since Inception rr_AverageAnnualReturnSinceInception 9.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37%
5 Years rr_AverageAnnualReturnYear05 14.42%
Since Inception rr_AverageAnnualReturnSinceInception 9.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37% [6]
5 Years rr_AverageAnnualReturnYear05 14.42% [6]
Since Inception rr_AverageAnnualReturnSinceInception 9.01% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Flexible Cap Fund | Russell 3000® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.37% [7]
5 Years rr_AverageAnnualReturnYear05 14.42% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.01% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class A, Class C, Investor, Class R and Class R6 Shares have been restated to reflect current fees, and the “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. Additionally, Goldman Sachs & Co. LLC (“Goldman Sachs”), the Fund’s transfer agent, has agreed to waive a portion of its transfer agency fee (a component of “Other Expenses”) equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[5] After Fee Waiver and Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Strategic Growth Fund
Goldman Sachs Strategic Growth Fund—Summary
Investment Objective
The Goldman Sachs Strategic Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Strategic Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Strategic Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.29% 0.54% 0.15% 0.40% 0.29% 0.29% 0.14% 0.29%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.29% 0.29% 0.15% 0.15% 0.29% 0.29% 0.14% 0.29%
Total Annual Fund Operating Expenses 1.25% 2.00% 0.86% 1.36% 1.00% 1.50% 0.85% 1.25%
Expense Limitation [3] (0.11%) (0.11%) (0.11%) (0.11%) (0.11%) (0.11%) (0.11%) (0.11%)
Total Annual Fund Operating Expenses [4] 1.14% 1.89% 0.75% 1.25% 0.89% 1.39% 0.74% 1.14%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Strategic Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 660 914 1,189 1,969
Class C Shares 292 617 1,068 2,318
Institutional Shares 77 263 466 1,051
Service Shares 127 420 734 1,626
Investor Shares 91 307 542 1,215
Class R Shares 142 463 808 1,781
Class R6 Shares 76 260 461 1,039
Class T Shares 363 626 909 1,714
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Strategic Growth Fund | Class C Shares | USD ($) 192 617 1,068 2,318
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 54% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 50-70 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 1000® Growth Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 21.83%.

Best Quarter
Q2 ‘09          +19.20%

Worst Quarter
Q4 ‘08          –28.16%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Strategic Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares (4.28%) 11.98% 6.04% 3.20% May 24, 1999
Class A Shares | Returns After Taxes on Distributions (5.04%) 9.57% 4.88% 2.56% May 24, 1999
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (1.79%) 9.31% 4.73% 2.51% May 24, 1999
Class A Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 3.95% May 24, 1999
Class C Shares (0.34%) 12.41% 5.84% 2.77% May 24, 1999
Class C Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 3.95% May 24, 1999
Institutional Shares 1.70% 13.70% 7.05% 3.95% May 24, 1999
Institutional Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 3.95% May 24, 1999
Service Shares 1.26% 13.16% 6.58% 3.52% May 24, 1999
Service Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 8.33% 3.95% May 24, 1999
Investor Shares 1.65% 13.54% 13.50% Jan. 06, 2009
Investor Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 15.14% Jan. 06, 2009
Class R Shares 1.07% 13.02% 12.99% Jan. 06, 2009
Class R Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) 7.06% 14.48% 15.14% Jan. 06, 2009
Class R6 Shares [1] 1.80% 13.71% 7.05% 3.95% Jul. 31, 2015
Class R6 Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [1] 7.06% 14.48% 8.33% 3.95% Jul. 31, 2015
Class T Shares [2] (4.28%) 11.98% 6.04% 3.20%  
Class T Shares | Russell 1000® Growth Index (reflects no deduction for fees or expenses) [2] 7.06% 14.48% 8.33% 3.95%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 25 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Strategic Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Strategic Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Strategic Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 54% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 54.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 46 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 50 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 86 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 50-70 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 1000® Growth Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 21.83%.

Best Quarter
Q2 ‘09          +19.20%

Worst Quarter
Q4 ‘08          –28.16%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Strategic Growth Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.29% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.14% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 660
3 Years rr_ExpenseExampleYear03 914
5 Years rr_ExpenseExampleYear05 1,189
10 Years rr_ExpenseExampleYear10 $ 1,969
2007 rr_AnnualReturn2007 11.15%
2008 rr_AnnualReturn2008 (40.21%)
2009 rr_AnnualReturn2009 43.47%
2010 rr_AnnualReturn2010 10.53%
2011 rr_AnnualReturn2011 (3.00%)
2012 rr_AnnualReturn2012 19.43%
2013 rr_AnnualReturn2013 32.02%
2014 rr_AnnualReturn2014 13.08%
2015 rr_AnnualReturn2015 3.12%
2016 rr_AnnualReturn2016 1.31%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 21.83%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.20%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.16%)
1 Year rr_AverageAnnualReturnYear01 (4.28%)
5 Years rr_AverageAnnualReturnYear05 11.98%
10 Years rr_AverageAnnualReturnYear10 6.04%
Since Inception rr_AverageAnnualReturnSinceInception 3.20%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.54% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.00%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.89% [5]
1 Year rr_ExpenseExampleYear01 $ 292
3 Years rr_ExpenseExampleYear03 617
5 Years rr_ExpenseExampleYear05 1,068
10 Years rr_ExpenseExampleYear10 2,318
1 Year rr_ExpenseExampleNoRedemptionYear01 192
3 Years rr_ExpenseExampleNoRedemptionYear03 617
5 Years rr_ExpenseExampleNoRedemptionYear05 1,068
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,318
1 Year rr_AverageAnnualReturnYear01 (0.34%)
5 Years rr_AverageAnnualReturnYear05 12.41%
10 Years rr_AverageAnnualReturnYear10 5.84%
Since Inception rr_AverageAnnualReturnSinceInception 2.77%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.15%
Other Expenses rr_OtherExpensesOverAssets 0.15% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.86%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.75% [5]
1 Year rr_ExpenseExampleYear01 $ 77
3 Years rr_ExpenseExampleYear03 263
5 Years rr_ExpenseExampleYear05 466
10 Years rr_ExpenseExampleYear10 $ 1,051
1 Year rr_AverageAnnualReturnYear01 1.70%
5 Years rr_AverageAnnualReturnYear05 13.70%
10 Years rr_AverageAnnualReturnYear10 7.05%
Since Inception rr_AverageAnnualReturnSinceInception 3.95%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.15%
Other Expenses rr_OtherExpensesOverAssets 0.40% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.25% [5]
1 Year rr_ExpenseExampleYear01 $ 127
3 Years rr_ExpenseExampleYear03 420
5 Years rr_ExpenseExampleYear05 734
10 Years rr_ExpenseExampleYear10 $ 1,626
1 Year rr_AverageAnnualReturnYear01 1.26%
5 Years rr_AverageAnnualReturnYear05 13.16%
10 Years rr_AverageAnnualReturnYear10 6.58%
Since Inception rr_AverageAnnualReturnSinceInception 3.52%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.29% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.00%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.89% [5]
1 Year rr_ExpenseExampleYear01 $ 91
3 Years rr_ExpenseExampleYear03 307
5 Years rr_ExpenseExampleYear05 542
10 Years rr_ExpenseExampleYear10 $ 1,215
1 Year rr_AverageAnnualReturnYear01 1.65%
5 Years rr_AverageAnnualReturnYear05 13.54%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 13.50%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.29% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.50%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.39% [5]
1 Year rr_ExpenseExampleYear01 $ 142
3 Years rr_ExpenseExampleYear03 463
5 Years rr_ExpenseExampleYear05 808
10 Years rr_ExpenseExampleYear10 $ 1,781
1 Year rr_AverageAnnualReturnYear01 1.07%
5 Years rr_AverageAnnualReturnYear05 13.02%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 12.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.14%
Other Expenses rr_OtherExpensesOverAssets 0.14% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.85%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.74% [5]
1 Year rr_ExpenseExampleYear01 $ 76
3 Years rr_ExpenseExampleYear03 260
5 Years rr_ExpenseExampleYear05 461
10 Years rr_ExpenseExampleYear10 $ 1,039
1 Year rr_AverageAnnualReturnYear01 1.80% [6]
5 Years rr_AverageAnnualReturnYear05 13.71% [6]
10 Years rr_AverageAnnualReturnYear10 7.05% [6]
Since Inception rr_AverageAnnualReturnSinceInception 3.95% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Strategic Growth Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.29%
Other Expenses rr_OtherExpensesOverAssets 0.29% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.14% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 363
3 Years rr_ExpenseExampleYear03 626
5 Years rr_ExpenseExampleYear05 909
10 Years rr_ExpenseExampleYear10 $ 1,714
1 Year rr_AverageAnnualReturnYear01 (4.28%) [7]
5 Years rr_AverageAnnualReturnYear05 11.98% [7]
10 Years rr_AverageAnnualReturnYear10 6.04% [7]
Since Inception rr_AverageAnnualReturnSinceInception 3.20% [7]
Goldman Sachs Strategic Growth Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.04%)
5 Years rr_AverageAnnualReturnYear05 9.57%
10 Years rr_AverageAnnualReturnYear10 4.88%
Since Inception rr_AverageAnnualReturnSinceInception 2.56%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.79%)
5 Years rr_AverageAnnualReturnYear05 9.31%
10 Years rr_AverageAnnualReturnYear10 4.73%
Since Inception rr_AverageAnnualReturnSinceInception 2.51%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 3.95%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 3.95%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 3.95%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10 8.33%
Since Inception rr_AverageAnnualReturnSinceInception 3.95%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 15.14%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06%
5 Years rr_AverageAnnualReturnYear05 14.48%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 15.14%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [6]
5 Years rr_AverageAnnualReturnYear05 14.48% [6]
10 Years rr_AverageAnnualReturnYear10 8.33% [6]
Since Inception rr_AverageAnnualReturnSinceInception 3.95% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.06% [7]
5 Years rr_AverageAnnualReturnYear05 14.48% [7]
10 Years rr_AverageAnnualReturnYear10 8.33% [7]
Since Inception rr_AverageAnnualReturnSinceInception 3.95% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Growth Opportunities Fund
Goldman Sachs Growth Opportunities Fund—Summary
Investment Objective
The Goldman Sachs Growth Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Growth Opportunities Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Growth Opportunities Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.20% 0.45% 0.06% 0.31% 0.20% 0.20% 0.05% 0.20%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.20% 0.20% 0.06% 0.06% 0.20% 0.20% 0.05% 0.20%
Total Annual Fund Operating Expenses 1.37% 2.12% 0.98% 1.48% 1.12% 1.62% 0.97% 1.37%
Fee Waiver and Expense Limitation [3] (0.06%) (0.06%) (0.01%) (0.01%) (0.06%) (0.06%) (0.01%) (0.06%)
Total Annual Fund Operating Expenses [4] 1.31% 2.06% 0.97% 1.47% 1.06% 1.56% 0.96% 1.31%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.014% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.05% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Growth Opportunities Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 676 954 1,253 2,101
Class C Shares 309 658 1,134 2,447
Institutional Shares 99 311 541 1,200
Service Shares 150 467 807 1,768
Investor Shares 108 350 611 1,358
Class R Shares 159 505 876 1,917
Class R6 Shares 98 308 535 1,189
Class T Shares 380 667 976 1,850
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Growth Opportunities Fund | Class C Shares | USD ($) 209 658 1,134 2,447
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., "turns over" its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund's performance. The Fund's portfolio turnover rate for the fiscal year ended August 31, 2017 was 61% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (“Total Assets”) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 60-80 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund’s benchmark index is the Russell Midcap® Growth Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the nine-month period ended September 30, 2017 was 19.98%

Best Quarter
Q2 ’09          +22.45%

Worst Quarter
Q4 ’08          -28.68%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Growth Opportunities Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares (4.43%) 9.45% 7.23% 9.66% May 24, 1999
Class A Shares | Returns After Taxes on Distributions (5.02%) 6.98% 5.50% 8.44% May 24, 1999
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (2.00%) 7.50% 5.78% 8.18% May 24, 1999
Class A Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.83% 6.74% May 24, 1999
Class C Shares (0.62%) 9.88% 7.04% 9.19% May 24, 1999
Class C Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.83% 6.74% May 24, 1999
Institutional Shares 1.49% 11.14% 8.27% 10.44% May 24, 1999
Institutional Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.83% 6.74% May 24, 1999
Service Shares 0.95% 10.57% 7.73% 9.89% May 24, 1999
Service Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.83% 6.74% May 24, 1999
Investor Shares 1.41% 10.98% 7.06% Nov. 30, 2007
Investor Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.39% Nov. 30, 2007
Class R Shares 0.90% 10.42% 6.53% Nov. 30, 2007
Class R Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) 7.31% 13.49% 7.39% Nov. 30, 2007
Class R6 Shares [1] 1.49% 11.14% 8.27% 10.45% Jul. 31, 2015
Class R6 Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) [1] 7.31% 13.49% 7.83% 6.74% Jul. 31, 2015
Class T Shares [2] (4.43%) 9.45% 7.23% 9.66%  
Class T Shares | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) [2] 7.31% 13.49% 7.83% 6.74%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 28 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Growth Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Growth Opportunities Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Growth Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., "turns over" its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund's performance. The Fund's portfolio turnover rate for the fiscal year ended August 31, 2017 was 61% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 61.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (“Total Assets”) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 60-80 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund’s benchmark index is the Russell Midcap® Growth Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the nine-month period ended September 30, 2017 was 19.98%

Best Quarter
Q2 ’09          +22.45%

Worst Quarter
Q4 ’08          -28.68%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Growth Opportunities Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.37%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.31% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 676
3 Years rr_ExpenseExampleYear03 954
5 Years rr_ExpenseExampleYear05 1,253
10 Years rr_ExpenseExampleYear10 $ 2,101
2007 rr_AnnualReturn2007 19.33%
2008 rr_AnnualReturn2008 (40.12%)
2009 rr_AnnualReturn2009 57.58%
2010 rr_AnnualReturn2010 18.63%
2011 rr_AnnualReturn2011 (4.06%)
2012 rr_AnnualReturn2012 19.02%
2013 rr_AnnualReturn2013 31.82%
2014 rr_AnnualReturn2014 10.99%
2015 rr_AnnualReturn2015 (5.62%)
2016 rr_AnnualReturn2016 1.11%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 19.98%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.45%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.68%)
1 Year rr_AverageAnnualReturnYear01 (4.43%)
5 Years rr_AverageAnnualReturnYear05 9.45%
10 Years rr_AverageAnnualReturnYear10 7.23%
Since Inception rr_AverageAnnualReturnSinceInception 9.66%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.45% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.12%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.06% [5]
1 Year rr_ExpenseExampleYear01 $ 309
3 Years rr_ExpenseExampleYear03 658
5 Years rr_ExpenseExampleYear05 1,134
10 Years rr_ExpenseExampleYear10 2,447
1 Year rr_ExpenseExampleNoRedemptionYear01 209
3 Years rr_ExpenseExampleNoRedemptionYear03 658
5 Years rr_ExpenseExampleNoRedemptionYear05 1,134
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,447
1 Year rr_AverageAnnualReturnYear01 (0.62%)
5 Years rr_AverageAnnualReturnYear05 9.88%
10 Years rr_AverageAnnualReturnYear10 7.04%
Since Inception rr_AverageAnnualReturnSinceInception 9.19%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.98%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.01%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.97% [5]
1 Year rr_ExpenseExampleYear01 $ 99
3 Years rr_ExpenseExampleYear03 311
5 Years rr_ExpenseExampleYear05 541
10 Years rr_ExpenseExampleYear10 $ 1,200
1 Year rr_AverageAnnualReturnYear01 1.49%
5 Years rr_AverageAnnualReturnYear05 11.14%
10 Years rr_AverageAnnualReturnYear10 8.27%
Since Inception rr_AverageAnnualReturnSinceInception 10.44%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.48%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.01%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.47% [5]
1 Year rr_ExpenseExampleYear01 $ 150
3 Years rr_ExpenseExampleYear03 467
5 Years rr_ExpenseExampleYear05 807
10 Years rr_ExpenseExampleYear10 $ 1,768
1 Year rr_AverageAnnualReturnYear01 0.95%
5 Years rr_AverageAnnualReturnYear05 10.57%
10 Years rr_AverageAnnualReturnYear10 7.73%
Since Inception rr_AverageAnnualReturnSinceInception 9.89%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.12%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.06% [5]
1 Year rr_ExpenseExampleYear01 $ 108
3 Years rr_ExpenseExampleYear03 350
5 Years rr_ExpenseExampleYear05 611
10 Years rr_ExpenseExampleYear10 $ 1,358
1 Year rr_AverageAnnualReturnYear01 1.41%
5 Years rr_AverageAnnualReturnYear05 10.98%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.06%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.62%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.56% [5]
1 Year rr_ExpenseExampleYear01 $ 159
3 Years rr_ExpenseExampleYear03 505
5 Years rr_ExpenseExampleYear05 876
10 Years rr_ExpenseExampleYear10 $ 1,917
1 Year rr_AverageAnnualReturnYear01 0.90%
5 Years rr_AverageAnnualReturnYear05 10.42%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.53%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.05%
Other Expenses rr_OtherExpensesOverAssets 0.05% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.97%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.01%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.96% [5]
1 Year rr_ExpenseExampleYear01 $ 98
3 Years rr_ExpenseExampleYear03 308
5 Years rr_ExpenseExampleYear05 535
10 Years rr_ExpenseExampleYear10 $ 1,189
1 Year rr_AverageAnnualReturnYear01 1.49% [6]
5 Years rr_AverageAnnualReturnYear05 11.14% [6]
10 Years rr_AverageAnnualReturnYear10 8.27% [6]
Since Inception rr_AverageAnnualReturnSinceInception 10.45% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Growth Opportunities Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.92% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.37%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.31% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 380
3 Years rr_ExpenseExampleYear03 667
5 Years rr_ExpenseExampleYear05 976
10 Years rr_ExpenseExampleYear10 $ 1,850
1 Year rr_AverageAnnualReturnYear01 (4.43%) [7]
5 Years rr_AverageAnnualReturnYear05 9.45% [7]
10 Years rr_AverageAnnualReturnYear10 7.23% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.66% [7]
Goldman Sachs Growth Opportunities Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.02%)
5 Years rr_AverageAnnualReturnYear05 6.98%
10 Years rr_AverageAnnualReturnYear10 5.50%
Since Inception rr_AverageAnnualReturnSinceInception 8.44%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.00%)
5 Years rr_AverageAnnualReturnYear05 7.50%
10 Years rr_AverageAnnualReturnYear10 5.78%
Since Inception rr_AverageAnnualReturnSinceInception 8.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10 7.83%
Since Inception rr_AverageAnnualReturnSinceInception 6.74%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10 7.83%
Since Inception rr_AverageAnnualReturnSinceInception 6.74%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10 7.83%
Since Inception rr_AverageAnnualReturnSinceInception 6.74%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10 7.83%
Since Inception rr_AverageAnnualReturnSinceInception 6.74%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.39%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31%
5 Years rr_AverageAnnualReturnYear05 13.49%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.39%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31% [6]
5 Years rr_AverageAnnualReturnYear05 13.49% [6]
10 Years rr_AverageAnnualReturnYear10 7.83% [6]
Since Inception rr_AverageAnnualReturnSinceInception 6.74% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.31% [7]
5 Years rr_AverageAnnualReturnYear05 13.49% [7]
10 Years rr_AverageAnnualReturnYear10 7.83% [7]
Since Inception rr_AverageAnnualReturnSinceInception 6.74% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.014% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.05% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[5] After Fee Waiver and Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Small/Mid Cap Growth Fund
Goldman Sachs Small/Mid Cap Growth Fund—Summary
Investment Objective
The Goldman Sachs Small/Mid Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Small/Mid Cap Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Small/Mid Cap Growth Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.84% 0.84% 0.84% 0.84% 0.84% 0.84% 0.84% 0.84%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.21% 0.46% 0.07% 0.32% 0.21% 0.21% 0.06% 0.21%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.21% 0.21% 0.07% 0.07% 0.21% 0.21% 0.06% 0.21%
Total Annual Fund Operating Expenses 1.30% 2.05% 0.91% 1.41% 1.05% 1.55% 0.90% 1.30%
Fee Waiver and Expense Limitation [3] (0.03%) (0.03%) none none (0.03%) (0.03%) none (0.03%)
Total Annual Fund Operating Expenses [4] 1.27% 2.02% 0.91% 1.41% 1.02% 1.52% 0.90% 1.27%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.064% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Small/Mid Cap Growth Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 672 937 1,221 2,029
Class C Shares 305 640 1,101 2,377
Institutional Shares 93 290 504 1,120
Service Shares 144 446 771 1,691
Investor Shares 104 331 576 1,280
Class R Shares 155 487 842 1,843
Class R6 Shares 92 287 498 1,108
Class T Shares 376 649 942 1,776
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Small/Mid Cap Growth Fund | Class C Shares | USD ($) 205 640 1,101 2,377
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 60% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small and mid-cap issuers. Small or mid-cap issuers are issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the outside range of the market capitalizations of companies constituting the Russell 2000® Growth Index and the Russell Midcap® Growth Index, as last reported by the indexes prior to the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of September 30, 2017, the outside capitalization range of the companies in these indexes was between $30 million and $60 billion. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-125 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2500® Growth Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the nine-month period ended September 30, 2017 was 21.52%

Best Quarter
Q2 ’09          +21.61%

Worst Quarter
Q4 ’08          -27.93%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Small/Mid Cap Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares (5.74%) 11.03% 8.23% 8.75% Jun. 30, 2005
Class A Shares | Returns After Taxes on Distributions (6.50%) 9.72% 7.33% 7.94% Jun. 30, 2005
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares (2.57%) 8.70% 6.64% 7.15% Jun. 30, 2005
Class A Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 8.24% 9.00% Jun. 30, 2005
Class C Shares (2.01%) 11.44% 8.02% 8.43% Jun. 30, 2005
Class C Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 8.24% 9.00% Jun. 30, 2005
Institutional Shares 0.11% 12.73% 9.27% 9.68% Jun. 30, 2005
Institutional Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 8.24% 9.00% Jun. 30, 2005
Service Shares (0.35%) 12.15% 8.73% 9.13% Jun. 30, 2005
Service Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 8.24% 9.00% Jun. 30, 2005
Investor Shares 0.01% 12.56% 8.16% Nov. 30, 2007
Investor Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 7.98% Nov. 30, 2007
Class R Shares (0.52%) 12.00% 7.62% Nov. 30, 2007
Class R Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) 9.70% 13.86% 7.98% Nov. 30, 2007
Class R6 Shares [1] 0.16% 12.74% 9.28% 9.69% Jul. 31, 2015
Class R6 Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) [1] 9.70% 13.86% 8.24% 9.00% Jul. 31, 2015
Class T Shares [2] (5.74%) 11.03% 8.23% 8.75%  
Class T Shares | Russell 2500® Growth Index (reflects no deduction for fees or expenses) [2] 9.70% 13.86% 8.24% 9.00%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 31 R57.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Small/Mid Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Small/Mid Cap Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Small/Mid Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 60% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 60.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund's "Management Fees" have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small and mid-cap issuers. Small or mid-cap issuers are issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the outside range of the market capitalizations of companies constituting the Russell 2000® Growth Index and the Russell Midcap® Growth Index, as last reported by the indexes prior to the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of September 30, 2017, the outside capitalization range of the companies in these indexes was between $30 million and $60 billion. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 90-125 companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2500® Growth Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the nine-month period ended September 30, 2017 was 21.52%

Best Quarter
Q2 ’09          +21.61%

Worst Quarter
Q4 ’08          -27.93%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Small/Mid Cap Growth Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.30%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.03%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.27% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 672
3 Years rr_ExpenseExampleYear03 937
5 Years rr_ExpenseExampleYear05 1,221
10 Years rr_ExpenseExampleYear10 $ 2,029
2007 rr_AnnualReturn2007 18.85%
2008 rr_AnnualReturn2008 (40.08%)
2009 rr_AnnualReturn2009 58.57%
2010 rr_AnnualReturn2010 21.12%
2011 rr_AnnualReturn2011 (4.27%)
2012 rr_AnnualReturn2012 20.75%
2013 rr_AnnualReturn2013 35.54%
2014 rr_AnnualReturn2014 10.62%
2015 rr_AnnualReturn2015 (1.16%)
2016 rr_AnnualReturn2016 (0.24%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 21.52%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.61%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (27.93%)
1 Year rr_AverageAnnualReturnYear01 (5.74%)
5 Years rr_AverageAnnualReturnYear05 11.03%
10 Years rr_AverageAnnualReturnYear10 8.23%
Since Inception rr_AverageAnnualReturnSinceInception 8.75%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.46% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.05%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.03%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.02% [5]
1 Year rr_ExpenseExampleYear01 $ 305
3 Years rr_ExpenseExampleYear03 640
5 Years rr_ExpenseExampleYear05 1,101
10 Years rr_ExpenseExampleYear10 2,377
1 Year rr_ExpenseExampleNoRedemptionYear01 205
3 Years rr_ExpenseExampleNoRedemptionYear03 640
5 Years rr_ExpenseExampleNoRedemptionYear05 1,101
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,377
1 Year rr_AverageAnnualReturnYear01 (2.01%)
5 Years rr_AverageAnnualReturnYear05 11.44%
10 Years rr_AverageAnnualReturnYear10 8.02%
Since Inception rr_AverageAnnualReturnSinceInception 8.43%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.07% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.91%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets none [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.91% [5]
1 Year rr_ExpenseExampleYear01 $ 93
3 Years rr_ExpenseExampleYear03 290
5 Years rr_ExpenseExampleYear05 504
10 Years rr_ExpenseExampleYear10 $ 1,120
1 Year rr_AverageAnnualReturnYear01 0.11%
5 Years rr_AverageAnnualReturnYear05 12.73%
10 Years rr_AverageAnnualReturnYear10 9.27%
Since Inception rr_AverageAnnualReturnSinceInception 9.68%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.32% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets none [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.41% [5]
1 Year rr_ExpenseExampleYear01 $ 144
3 Years rr_ExpenseExampleYear03 446
5 Years rr_ExpenseExampleYear05 771
10 Years rr_ExpenseExampleYear10 $ 1,691
1 Year rr_AverageAnnualReturnYear01 (0.35%)
5 Years rr_AverageAnnualReturnYear05 12.15%
10 Years rr_AverageAnnualReturnYear10 8.73%
Since Inception rr_AverageAnnualReturnSinceInception 9.13%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.05%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.03%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.02% [5]
1 Year rr_ExpenseExampleYear01 $ 104
3 Years rr_ExpenseExampleYear03 331
5 Years rr_ExpenseExampleYear05 576
10 Years rr_ExpenseExampleYear10 $ 1,280
1 Year rr_AverageAnnualReturnYear01 0.01%
5 Years rr_AverageAnnualReturnYear05 12.56%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 8.16%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.55%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.03%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.52% [5]
1 Year rr_ExpenseExampleYear01 $ 155
3 Years rr_ExpenseExampleYear03 487
5 Years rr_ExpenseExampleYear05 842
10 Years rr_ExpenseExampleYear10 $ 1,843
1 Year rr_AverageAnnualReturnYear01 (0.52%)
5 Years rr_AverageAnnualReturnYear05 12.00%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.62%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.90%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets none [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.90% [5]
1 Year rr_ExpenseExampleYear01 $ 92
3 Years rr_ExpenseExampleYear03 287
5 Years rr_ExpenseExampleYear05 498
10 Years rr_ExpenseExampleYear10 $ 1,108
1 Year rr_AverageAnnualReturnYear01 0.16% [6]
5 Years rr_AverageAnnualReturnYear05 12.74% [6]
10 Years rr_AverageAnnualReturnYear10 9.28% [6]
Since Inception rr_AverageAnnualReturnSinceInception 9.69% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small/Mid Cap Growth Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.84% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.30%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.03%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.27% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 376
3 Years rr_ExpenseExampleYear03 649
5 Years rr_ExpenseExampleYear05 942
10 Years rr_ExpenseExampleYear10 $ 1,776
1 Year rr_AverageAnnualReturnYear01 (5.74%) [7]
5 Years rr_AverageAnnualReturnYear05 11.03% [7]
10 Years rr_AverageAnnualReturnYear10 8.23% [7]
Since Inception rr_AverageAnnualReturnSinceInception 8.75% [7]
Goldman Sachs Small/Mid Cap Growth Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (6.50%)
5 Years rr_AverageAnnualReturnYear05 9.72%
10 Years rr_AverageAnnualReturnYear10 7.33%
Since Inception rr_AverageAnnualReturnSinceInception 7.94%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.57%)
5 Years rr_AverageAnnualReturnYear05 8.70%
10 Years rr_AverageAnnualReturnYear10 6.64%
Since Inception rr_AverageAnnualReturnSinceInception 7.15%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10 8.24%
Since Inception rr_AverageAnnualReturnSinceInception 9.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10 8.24%
Since Inception rr_AverageAnnualReturnSinceInception 9.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10 8.24%
Since Inception rr_AverageAnnualReturnSinceInception 9.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10 8.24%
Since Inception rr_AverageAnnualReturnSinceInception 9.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.98%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70%
5 Years rr_AverageAnnualReturnYear05 13.86%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 7.98%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70% [6]
5 Years rr_AverageAnnualReturnYear05 13.86% [6]
10 Years rr_AverageAnnualReturnYear10 8.24% [6]
Since Inception rr_AverageAnnualReturnSinceInception 9.00% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.70% [7]
5 Years rr_AverageAnnualReturnYear05 13.86% [7]
10 Years rr_AverageAnnualReturnYear10 8.24% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.00% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.064% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. LLC ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.03% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[5] After Fee Waiver and Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Technology Opportunities Fund
Goldman Sachs Technology Opportunities Fund—Summary
Investment Objective
The Goldman Sachs Technology Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(Fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Technology Opportunities Fund
Class A
Class C
Institutional
Service
Investor
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that are deducted from Fund assets):
Annual Fund Operating Expenses - Goldman Sachs Technology Opportunities Fund
Class A
Class C
Institutional
Service
Investor
Class R6
Class T
Management Fees [1] 0.94% 0.94% 0.94% 0.94% 0.94% 0.94% 0.94%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none none 0.25%
Other Expenses [2] 0.27% 0.52% 0.13% 0.38% 0.27% 0.12% 0.27%
Service Fees none 0.25% none none none none none
Shareholder Administration Fees none none none 0.25% none none none
All Other Expenses 0.27% 0.27% 0.13% 0.13% 0.27% 0.12% 0.27%
Total Annual Fund Operating Expenses 1.46% 2.21% 1.07% 1.57% 1.21% 1.06% 1.46%
Expense Limitation [3] (0.09%) (0.09%) (0.09%) (0.09%) (0.09%) (0.09%) (0.09%)
Total Annual Fund Operating Expenses [4] 1.37% 2.12% 0.98% 1.48% 1.12% 0.97% 1.37%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class R6 and Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption
Expense Example - Goldman Sachs Technology Opportunities Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 682 978 1,295 2,193
Class C Shares 315 683 1,177 2,537
Institutional Shares 100 331 581 1,298
Service Shares 151 487 847 1,860
Investor Shares 114 375 656 1,458
Class R6 Shares 99 328 576 1,286
Class T Shares 386 692 1,019 1,945
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Technology Opportunities Fund | Class C Shares | USD ($) 215 683 1,177 2,537
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 19% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in technology companies, as described below. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (“Total Assets”) in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund intends to invest a substantial portion of its assets in technology companies. In general, the Investment Adviser defines a technology company as a high-quality technology, services, media or telecommunications company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify technology companies that exhibit many of the following characteristics:
  • Strong brand name
  • Dominant market share
  • Recurring revenue streams
  • Free cash flow generation
  • Long product life cycle
  • Enduring competitive advantage
  • Excellent management
The Investment Adviser seeks to identify technology companies that are promising growth businesses. These companies may grow revenue by increasing sales volumes, prices, customers and market share. The Internet is an example of a technology that the Investment Adviser believes will drive growth for many technology businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology companies adopting innovative Internet technologies to improve their business models include providers of infrastructure, software, hardware and services.

The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or Internet industries. Because of its focus on technology, telecommunications, Internet, services and media companies, the Fund’s investment performance will be closely tied to many factors which affect these companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. The Fund’s investments may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund’s net asset value (“NAV”) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries.

The Fund’s benchmark index is the S&P North American Technology Sector Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Industry Concentration Risk.  The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business, political, environmental or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.

Technology Sector Risk.  The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the nine-month period ended September 30, 2017 was 29.57%

Best Quarter
Q1 ’12          +23.21%

Worst Quarter
Q4 ’08          -27.57%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Technology Opportunities Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares 0.33% 12.96% 8.83% 4.51% Oct. 01, 1999
Class A Shares | Returns After Taxes on Distributions (0.81%) 11.78% 8.26% 4.16% Oct. 01, 1999
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 1.16% 10.32% 7.22% 3.65% Oct. 01, 1999
Class A Shares | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) 13.52% 17.39% 10.41% 3.43% Oct. 01, 1999
Class C Shares 4.35% 13.40% 8.64% 4.06% Oct. 01, 1999
Class C Shares | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) 13.52% 17.39% 10.41% 3.43% Oct. 01, 1999
Institutional Shares 6.56% 14.71% 9.89% 5.27% Oct. 01, 1999
Institutional Shares | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) 13.52% 17.39% 10.41% 3.43% Oct. 01, 1999
Service Shares 6.05% 14.14% 9.36% 4.77% Oct. 01, 1999
Service Shares | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) 13.52% 17.39% 10.41% 3.43% Oct. 01, 1999
Investor 6.41% 14.53% 11.05% Sep. 30, 2010
Investor | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) 13.52% 17.39% 15.44% Sep. 30, 2010
Class R6 [1] 6.56% 14.71% 9.89% 5.27% Dec. 29, 2017
Class R6 | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) [1] 13.52% 17.39% 10.41% 3.43% Dec. 29, 2017
Class T Shares [2] 0.33% 12.96% 8.83% 4.51%  
Class T Shares | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) [2] 13.52% 17.39% 10.41% 3.43%  
[1] Class R6 Shares commenced operations on December 29, 2017. Prior to that date, the performance of Class R6 Shares shown in the table above is that of Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R6 Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 34 R65.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Technology Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Technology Opportunities Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Technology Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(Fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that are deducted from Fund assets):
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 19% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 19.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 38 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 40 and in Appendix C—Additional Information About Sales Charge Variations, Waivers and Discounts on page 74 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class R6 and Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in technology companies, as described below. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (“Total Assets”) in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund intends to invest a substantial portion of its assets in technology companies. In general, the Investment Adviser defines a technology company as a high-quality technology, services, media or telecommunications company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify technology companies that exhibit many of the following characteristics:
  • Strong brand name
  • Dominant market share
  • Recurring revenue streams
  • Free cash flow generation
  • Long product life cycle
  • Enduring competitive advantage
  • Excellent management
The Investment Adviser seeks to identify technology companies that are promising growth businesses. These companies may grow revenue by increasing sales volumes, prices, customers and market share. The Internet is an example of a technology that the Investment Adviser believes will drive growth for many technology businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology companies adopting innovative Internet technologies to improve their business models include providers of infrastructure, software, hardware and services.

The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or Internet industries. Because of its focus on technology, telecommunications, Internet, services and media companies, the Fund’s investment performance will be closely tied to many factors which affect these companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. The Fund’s investments may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund’s net asset value (“NAV”) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries.

The Fund’s benchmark index is the S&P North American Technology Sector Index.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or Internet industries.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Industry Concentration Risk.  The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business, political, environmental or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.

Technology Sector Risk.  The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Class R6 Shares commenced operations on December 29, 2017.

As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the nine-month period ended September 30, 2017 was 29.57%

Best Quarter
Q1 ’12          +23.21%

Worst Quarter
Q4 ’08          -27.57%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R6 Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R6 Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Technology Opportunities Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.37% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 682
3 Years rr_ExpenseExampleYear03 978
5 Years rr_ExpenseExampleYear05 1,295
10 Years rr_ExpenseExampleYear10 $ 2,193
2007 rr_AnnualReturn2007 27.43%
2008 rr_AnnualReturn2008 (45.40%)
2009 rr_AnnualReturn2009 69.27%
2010 rr_AnnualReturn2010 24.27%
2011 rr_AnnualReturn2011 (13.25%)
2012 rr_AnnualReturn2012 20.44%
2013 rr_AnnualReturn2013 28.56%
2014 rr_AnnualReturn2014 10.03%
2015 rr_AnnualReturn2015 7.67%
2016 rr_AnnualReturn2016 6.13%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 29.57%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 23.21%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (27.57%)
1 Year rr_AverageAnnualReturnYear01 0.33%
5 Years rr_AverageAnnualReturnYear05 12.96%
10 Years rr_AverageAnnualReturnYear10 8.83%
Since Inception rr_AverageAnnualReturnSinceInception 4.51%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.52% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.21%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.12% [5]
1 Year rr_ExpenseExampleYear01 $ 315
3 Years rr_ExpenseExampleYear03 683
5 Years rr_ExpenseExampleYear05 1,177
10 Years rr_ExpenseExampleYear10 2,537
1 Year rr_ExpenseExampleNoRedemptionYear01 215
3 Years rr_ExpenseExampleNoRedemptionYear03 683
5 Years rr_ExpenseExampleNoRedemptionYear05 1,177
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,537
1 Year rr_AverageAnnualReturnYear01 4.35%
5 Years rr_AverageAnnualReturnYear05 13.40%
10 Years rr_AverageAnnualReturnYear10 8.64%
Since Inception rr_AverageAnnualReturnSinceInception 4.06%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.13%
Other Expenses rr_OtherExpensesOverAssets 0.13% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.07%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.98% [5]
1 Year rr_ExpenseExampleYear01 $ 100
3 Years rr_ExpenseExampleYear03 331
5 Years rr_ExpenseExampleYear05 581
10 Years rr_ExpenseExampleYear10 $ 1,298
1 Year rr_AverageAnnualReturnYear01 6.56%
5 Years rr_AverageAnnualReturnYear05 14.71%
10 Years rr_AverageAnnualReturnYear10 9.89%
Since Inception rr_AverageAnnualReturnSinceInception 5.27%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.13%
Other Expenses rr_OtherExpensesOverAssets 0.38% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.57%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.48% [5]
1 Year rr_ExpenseExampleYear01 $ 151
3 Years rr_ExpenseExampleYear03 487
5 Years rr_ExpenseExampleYear05 847
10 Years rr_ExpenseExampleYear10 $ 1,860
1 Year rr_AverageAnnualReturnYear01 6.05%
5 Years rr_AverageAnnualReturnYear05 14.14%
10 Years rr_AverageAnnualReturnYear10 9.36%
Since Inception rr_AverageAnnualReturnSinceInception 4.77%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.21%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.12% [5]
1 Year rr_ExpenseExampleYear01 $ 114
3 Years rr_ExpenseExampleYear03 375
5 Years rr_ExpenseExampleYear05 656
10 Years rr_ExpenseExampleYear10 $ 1,458
1 Year rr_AverageAnnualReturnYear01 6.41%
5 Years rr_AverageAnnualReturnYear05 14.53%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 11.05%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2010
Goldman Sachs Technology Opportunities Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.12%
Other Expenses rr_OtherExpensesOverAssets 0.12% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.06%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.97% [5]
1 Year rr_ExpenseExampleYear01 $ 99
3 Years rr_ExpenseExampleYear03 328
5 Years rr_ExpenseExampleYear05 576
10 Years rr_ExpenseExampleYear10 $ 1,286
1 Year rr_AverageAnnualReturnYear01 6.56% [6]
5 Years rr_AverageAnnualReturnYear05 14.71% [6]
10 Years rr_AverageAnnualReturnYear10 9.89% [6]
Since Inception rr_AverageAnnualReturnSinceInception 5.27% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 29, 2017 [6]
Goldman Sachs Technology Opportunities Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.94% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.09%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.37% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 386
3 Years rr_ExpenseExampleYear03 692
5 Years rr_ExpenseExampleYear05 1,019
10 Years rr_ExpenseExampleYear10 $ 1,945
1 Year rr_AverageAnnualReturnYear01 0.33% [7]
5 Years rr_AverageAnnualReturnYear05 12.96% [7]
10 Years rr_AverageAnnualReturnYear10 8.83% [7]
Since Inception rr_AverageAnnualReturnSinceInception 4.51% [7]
Goldman Sachs Technology Opportunities Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.81%)
5 Years rr_AverageAnnualReturnYear05 11.78%
10 Years rr_AverageAnnualReturnYear10 8.26%
Since Inception rr_AverageAnnualReturnSinceInception 4.16%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.16%
5 Years rr_AverageAnnualReturnYear05 10.32%
10 Years rr_AverageAnnualReturnYear10 7.22%
Since Inception rr_AverageAnnualReturnSinceInception 3.65%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52%
5 Years rr_AverageAnnualReturnYear05 17.39%
10 Years rr_AverageAnnualReturnYear10 10.41%
Since Inception rr_AverageAnnualReturnSinceInception 3.43%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52%
5 Years rr_AverageAnnualReturnYear05 17.39%
10 Years rr_AverageAnnualReturnYear10 10.41%
Since Inception rr_AverageAnnualReturnSinceInception 3.43%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52%
5 Years rr_AverageAnnualReturnYear05 17.39%
10 Years rr_AverageAnnualReturnYear10 10.41%
Since Inception rr_AverageAnnualReturnSinceInception 3.43%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52%
5 Years rr_AverageAnnualReturnYear05 17.39%
10 Years rr_AverageAnnualReturnYear10 10.41%
Since Inception rr_AverageAnnualReturnSinceInception 3.43%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52%
5 Years rr_AverageAnnualReturnYear05 17.39%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 15.44%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2010
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52% [6]
5 Years rr_AverageAnnualReturnYear05 17.39% [6]
10 Years rr_AverageAnnualReturnYear10 10.41% [6]
Since Inception rr_AverageAnnualReturnSinceInception 3.43% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 29, 2017 [6]
Goldman Sachs Technology Opportunities Fund | S&P North American Technology Sector Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.52% [7]
5 Years rr_AverageAnnualReturnYear05 17.39% [7]
10 Years rr_AverageAnnualReturnYear10 10.41% [7]
Since Inception rr_AverageAnnualReturnSinceInception 3.43% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class R6 and Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on December 29, 2017. Prior to that date, the performance of Class R6 Shares shown in the table above is that of Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Equity Income Fund
Goldman Sachs Equity Income Fund—Summary
Investment Objective
The Goldman Sachs Equity Income Fund (formerly the Goldman Sachs Growth and Income Fund) (the “Fund”) seeks long-term capital appreciation and growth of income.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Equity Income Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Equity Income Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.69% 0.69% 0.69% 0.69% 0.69% 0.69% 0.69% 0.69%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.28% 0.53% 0.14% 0.39% 0.28% 0.28% 0.13% 0.28%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.28% 0.28% 0.14% 0.14% 0.28% 0.28% 0.13% 0.28%
Total Annual Fund Operating Expenses 1.22% 1.97% 0.83% 1.33% 0.97% 1.47% 0.82% 1.22%
Expense Limitation [3] (0.10%) (0.10%) (0.10%) (0.10%) (0.10%) (0.10%) (0.10%) (0.10%)
Total Annual Fund Operating Expenses [4] 1.12% 1.87% 0.73% 1.23% 0.87% 1.37% 0.72% 1.12%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Equity Income Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 658 907 1,174 1,938
Class C Shares 290 609 1,053 2,288
Institutional Shares 75 255 451 1,016
Service Shares 125 412 719 1,593
Investor Shares 89 299 527 1,181
Class R Shares 139 455 793 1,749
Class R6 Shares 74 252 445 1,004
Class T Shares 361 618 894 1,682
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Equity Income Fund | Class C Shares | USD ($) 190 609 1,053 2,288
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 43% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments. The Fund will generally invest in equity securities that the Investment Adviser believes have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”), it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Investment Adviser expects that the Fund’s investments will be weighted in favor of companies that pay dividends or other current distributions.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund seeks to generate additional cash flow and may reduce volatility by the sale of call options on the S&P 500® Index or other regional stock market indices (or related exchange-traded funds (“ETFs”)).

The Fund expects that, under normal circumstances, it will sell call options in an amount that is between 0% and 30% of the value of the Fund’s portfolio. As the seller of the call options, the Fund will receive cash (the “premium”) from the purchaser. If the purchaser exercises the option, the Fund pays the purchaser the difference between the price of the index and the exercise price of the option. The premium, the exercise price and the market price of the index determine the gain or loss realized by the Fund as the seller of the call option.

During periods in which the U.S. equity markets are generally unchanged or falling, or in a modestly rising market where the income from premiums exceeds the aggregate appreciation of the underlying index over its exercise price, a diversified portfolio receiving premiums from its call option writing strategy may outperform the same portfolio without such an options strategy. However, in rising markets where the aggregate appreciation of the underlying index over its exercise price exceeds the income from premiums, a portfolio with a call writing strategy could significantly underperform the same portfolio without the options.

The Fund’s benchmark index is the Russell 1000® Value Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign and Emerging Countries Risk.  Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund’s investments in securities of issuers located in emerging countries.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Master Limited Partnership Risk.  Investments in securities of an MLP involve risks that differ from investments in common stock, including risks related to limited control and limited rights to vote on matters affecting the MLP. Certain MLP securities may trade in lower volumes due to their smaller capitalizations, and may be subject to more abrupt or erratic price movements and lower market liquidity. MLPs are generally considered interest-rate sensitive investments. During periods of interest rate volatility, these investments may not provide attractive returns.

Investments in securities of an MLP also include tax-related risks. For example, to the extent a distribution received by the Fund from an MLP is treated as a return of capital, the Fund’s adjusted tax basis in the interests of the MLP may be reduced, which will result in an increase in an amount of income or gain (or decrease in the amount of loss) that will be recognized by the Fund for tax purposes upon the sale of any such interests or upon subsequent distributions in respect of such interests.

Option Writing Risk.  Writing (selling) call options limits the opportunity to profit from an increase in the market value of stocks in exchange for up-front cash (the premium) at the time of selling the call option. In a rising market, the Fund could significantly underperform the market. Furthermore, the Fund’s call option writing strategies may not fully protect it against market declines because the Fund will continue to bear the risk of a decline in the value of its portfolio securities. In a sharply-falling equity market, the Fund will likely also experience sharp declines in its net asset value (“NAV”).

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. Prior to June 20, 2017, the Fund had been known as the Goldman Sachs Growth and Income Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to June 20, 2017 reflects the performance resulting from the Fund’s former strategies. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.10%.

Best Quarter
Q3 ‘09          +15.28%

Worst Quarter
Q4 ‘08          –20.47%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Equity Income Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares 7.01% 12.82% 3.82% 6.93% Feb. 05, 1993
Class A Shares | Returns After Taxes on Distributions 6.52% 12.45% 3.31% 6.05% Feb. 05, 1993
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 4.32% 10.24% 2.99% 5.55% Feb. 05, 1993
Class A Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 9.64% Feb. 05, 1993
Class C Shares 11.33% 13.24% 3.63% 3.22% Aug. 15, 1997
Class C Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 7.41% Aug. 15, 1997
Institutional Shares 13.64% 14.56% 4.82% 6.18% Jun. 03, 1996
Institutional Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 8.73% Jun. 03, 1996
Service Shares 13.07% 13.99% 4.31% 5.73% Mar. 06, 1996
Service Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 8.70% Mar. 06, 1996
Investor Shares 13.46% 14.38% 4.92% Nov. 30, 2007
Investor Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 6.22% Nov. 30, 2007
Class R Shares 12.91% 13.82% 4.40% Nov. 30, 2007
Class R Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 6.22% Nov. 30, 2007
Class R6 Shares [1] 13.68% 14.56% 4.82% 6.18% Jul. 31, 2015
Class R6 Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) [1] 17.29% 14.78% 5.72% 8.73% Jul. 31, 2015
Class T Shares [2] 7.01% 12.82% 3.82% 6.93%  
Class T Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) [2] 17.29% 14.78% 5.72% 9.64%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 37 R73.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Equity Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Equity Income Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Equity Income Fund (formerly the Goldman Sachs Growth and Income Fund) (the “Fund”) seeks long-term capital appreciation and growth of income.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 43% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 43.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments. The Fund will generally invest in equity securities that the Investment Adviser believes have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”), it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Investment Adviser expects that the Fund’s investments will be weighted in favor of companies that pay dividends or other current distributions.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.

The Fund seeks to generate additional cash flow and may reduce volatility by the sale of call options on the S&P 500® Index or other regional stock market indices (or related exchange-traded funds (“ETFs”)).

The Fund expects that, under normal circumstances, it will sell call options in an amount that is between 0% and 30% of the value of the Fund’s portfolio. As the seller of the call options, the Fund will receive cash (the “premium”) from the purchaser. If the purchaser exercises the option, the Fund pays the purchaser the difference between the price of the index and the exercise price of the option. The premium, the exercise price and the market price of the index determine the gain or loss realized by the Fund as the seller of the call option.

During periods in which the U.S. equity markets are generally unchanged or falling, or in a modestly rising market where the income from premiums exceeds the aggregate appreciation of the underlying index over its exercise price, a diversified portfolio receiving premiums from its call option writing strategy may outperform the same portfolio without such an options strategy. However, in rising markets where the aggregate appreciation of the underlying index over its exercise price exceeds the income from premiums, a portfolio with a call writing strategy could significantly underperform the same portfolio without the options.

The Fund’s benchmark index is the Russell 1000® Value Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign and Emerging Countries Risk.  Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund’s investments in securities of issuers located in emerging countries.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Master Limited Partnership Risk.  Investments in securities of an MLP involve risks that differ from investments in common stock, including risks related to limited control and limited rights to vote on matters affecting the MLP. Certain MLP securities may trade in lower volumes due to their smaller capitalizations, and may be subject to more abrupt or erratic price movements and lower market liquidity. MLPs are generally considered interest-rate sensitive investments. During periods of interest rate volatility, these investments may not provide attractive returns.

Investments in securities of an MLP also include tax-related risks. For example, to the extent a distribution received by the Fund from an MLP is treated as a return of capital, the Fund’s adjusted tax basis in the interests of the MLP may be reduced, which will result in an increase in an amount of income or gain (or decrease in the amount of loss) that will be recognized by the Fund for tax purposes upon the sale of any such interests or upon subsequent distributions in respect of such interests.

Option Writing Risk.  Writing (selling) call options limits the opportunity to profit from an increase in the market value of stocks in exchange for up-front cash (the premium) at the time of selling the call option. In a rising market, the Fund could significantly underperform the market. Furthermore, the Fund’s call option writing strategies may not fully protect it against market declines because the Fund will continue to bear the risk of a decline in the value of its portfolio securities. In a sharply-falling equity market, the Fund will likely also experience sharp declines in its net asset value (“NAV”).

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. Prior to June 20, 2017, the Fund had been known as the Goldman Sachs Growth and Income Fund, and certain of its principal investment strategies differed. Performance information set forth below prior to June 20, 2017 reflects the performance resulting from the Fund’s former strategies. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.10%.

Best Quarter
Q3 ‘09          +15.28%

Worst Quarter
Q4 ‘08          –20.47%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Equity Income Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.28%
Other Expenses rr_OtherExpensesOverAssets 0.28% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.22%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.12% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 658
3 Years rr_ExpenseExampleYear03 907
5 Years rr_ExpenseExampleYear05 1,174
10 Years rr_ExpenseExampleYear10 $ 1,938
2007 rr_AnnualReturn2007 1.42%
2008 rr_AnnualReturn2008 (35.43%)
2009 rr_AnnualReturn2009 18.26%
2010 rr_AnnualReturn2010 11.48%
2011 rr_AnnualReturn2011 (7.69%)
2012 rr_AnnualReturn2012 19.53%
2013 rr_AnnualReturn2013 32.47%
2014 rr_AnnualReturn2014 11.30%
2015 rr_AnnualReturn2015 (3.08%)
2016 rr_AnnualReturn2016 13.21%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 6.10%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.28%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.47%)
1 Year rr_AverageAnnualReturnYear01 7.01%
5 Years rr_AverageAnnualReturnYear05 12.82%
10 Years rr_AverageAnnualReturnYear10 3.82%
Since Inception rr_AverageAnnualReturnSinceInception 6.93%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Goldman Sachs Equity Income Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.28%
Other Expenses rr_OtherExpensesOverAssets 0.53% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.97%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.87% [5]
1 Year rr_ExpenseExampleYear01 $ 290
3 Years rr_ExpenseExampleYear03 609
5 Years rr_ExpenseExampleYear05 1,053
10 Years rr_ExpenseExampleYear10 2,288
1 Year rr_ExpenseExampleNoRedemptionYear01 190
3 Years rr_ExpenseExampleNoRedemptionYear03 609
5 Years rr_ExpenseExampleNoRedemptionYear05 1,053
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,288
1 Year rr_AverageAnnualReturnYear01 11.33%
5 Years rr_AverageAnnualReturnYear05 13.24%
10 Years rr_AverageAnnualReturnYear10 3.63%
Since Inception rr_AverageAnnualReturnSinceInception 3.22%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Equity Income Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.14%
Other Expenses rr_OtherExpensesOverAssets 0.14% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.83%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.73% [5]
1 Year rr_ExpenseExampleYear01 $ 75
3 Years rr_ExpenseExampleYear03 255
5 Years rr_ExpenseExampleYear05 451
10 Years rr_ExpenseExampleYear10 $ 1,016
1 Year rr_AverageAnnualReturnYear01 13.64%
5 Years rr_AverageAnnualReturnYear05 14.56%
10 Years rr_AverageAnnualReturnYear10 4.82%
Since Inception rr_AverageAnnualReturnSinceInception 6.18%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 1996
Goldman Sachs Equity Income Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.14%
Other Expenses rr_OtherExpensesOverAssets 0.39% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.33%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.23% [5]
1 Year rr_ExpenseExampleYear01 $ 125
3 Years rr_ExpenseExampleYear03 412
5 Years rr_ExpenseExampleYear05 719
10 Years rr_ExpenseExampleYear10 $ 1,593
1 Year rr_AverageAnnualReturnYear01 13.07%
5 Years rr_AverageAnnualReturnYear05 13.99%
10 Years rr_AverageAnnualReturnYear10 4.31%
Since Inception rr_AverageAnnualReturnSinceInception 5.73%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 06, 1996
Goldman Sachs Equity Income Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.28%
Other Expenses rr_OtherExpensesOverAssets 0.28% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.97%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.87% [5]
1 Year rr_ExpenseExampleYear01 $ 89
3 Years rr_ExpenseExampleYear03 299
5 Years rr_ExpenseExampleYear05 527
10 Years rr_ExpenseExampleYear10 $ 1,181
1 Year rr_AverageAnnualReturnYear01 13.46%
5 Years rr_AverageAnnualReturnYear05 14.38%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 4.92%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Equity Income Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.28%
Other Expenses rr_OtherExpensesOverAssets 0.28% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.47%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.37% [5]
1 Year rr_ExpenseExampleYear01 $ 139
3 Years rr_ExpenseExampleYear03 455
5 Years rr_ExpenseExampleYear05 793
10 Years rr_ExpenseExampleYear10 $ 1,749
1 Year rr_AverageAnnualReturnYear01 12.91%
5 Years rr_AverageAnnualReturnYear05 13.82%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 4.40%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Equity Income Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.13%
Other Expenses rr_OtherExpensesOverAssets 0.13% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.82%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.72% [5]
1 Year rr_ExpenseExampleYear01 $ 74
3 Years rr_ExpenseExampleYear03 252
5 Years rr_ExpenseExampleYear05 445
10 Years rr_ExpenseExampleYear10 $ 1,004
1 Year rr_AverageAnnualReturnYear01 13.68% [6]
5 Years rr_AverageAnnualReturnYear05 14.56% [6]
10 Years rr_AverageAnnualReturnYear10 4.82% [6]
Since Inception rr_AverageAnnualReturnSinceInception 6.18% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Equity Income Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.28%
Other Expenses rr_OtherExpensesOverAssets 0.28% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.22%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.10%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.12% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 361
3 Years rr_ExpenseExampleYear03 618
5 Years rr_ExpenseExampleYear05 894
10 Years rr_ExpenseExampleYear10 $ 1,682
1 Year rr_AverageAnnualReturnYear01 7.01% [7]
5 Years rr_AverageAnnualReturnYear05 12.82% [7]
10 Years rr_AverageAnnualReturnYear10 3.82% [7]
Since Inception rr_AverageAnnualReturnSinceInception 6.93% [7]
Goldman Sachs Equity Income Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.52%
5 Years rr_AverageAnnualReturnYear05 12.45%
10 Years rr_AverageAnnualReturnYear10 3.31%
Since Inception rr_AverageAnnualReturnSinceInception 6.05%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Goldman Sachs Equity Income Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.32%
5 Years rr_AverageAnnualReturnYear05 10.24%
10 Years rr_AverageAnnualReturnYear10 2.99%
Since Inception rr_AverageAnnualReturnSinceInception 5.55%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 9.64%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 7.41%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 8.73%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 1996
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 8.70%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 06, 1996
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.22%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.22%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29% [6]
5 Years rr_AverageAnnualReturnYear05 14.78% [6]
10 Years rr_AverageAnnualReturnYear10 5.72% [6]
Since Inception rr_AverageAnnualReturnSinceInception 8.73% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Equity Income Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29% [7]
5 Years rr_AverageAnnualReturnYear05 14.78% [7]
10 Years rr_AverageAnnualReturnYear10 5.72% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.64% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Focused Value Fund
Goldman Sachs Focused Value Fund—Summary
Investment Objective
The Goldman Sachs Focused Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment):
Shareholder Fees - Goldman Sachs Focused Value Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment):
Annual Fund Operating Expenses - Goldman Sachs Focused Value Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Management Fees [1] 0.69% 0.69% 0.69% 0.69% 0.69% 0.69% 0.69%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none none 0.50% none 0.25%
Other Expenses [2] 6.80% 7.05% 6.66% 6.80% 6.80% 6.65% 6.80%
Service Fees none 0.25% none none none none none
All Other Expenses 6.80% 6.80% 6.66% 6.80% 6.80% 6.65% 6.80%
Total Annual Fund Operating Expenses 7.74% 8.49% 7.35% 7.49% 7.99% 7.34% 7.74%
Expense Limitation [3] (6.62%) (6.62%) (6.62%) (6.62%) (6.62%) (6.62%) (6.62%)
Total Annual Fund Operating Expenses [4] 1.12% 1.87% 0.73% 0.87% 1.37% 0.72% 1.12%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assumingcomplete redemption at end of period
Expense Example - Goldman Sachs Focused Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 658 2,136 3,535 6,709
Class C Shares 290 1,880 3,455 6,935
Institutional Shares 75 1,571 2,999 6,284
Investor Shares 89 1,610 3,056 6,369
Class R Shares 139 1,746 3,259 6,661
Class R6 Shares 74 1,569 2,995 6,278
Class T Shares 361 1,887 3,329 6,604
Assumingno redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Focused Value Fund | Class C Shares | USD ($) 190 1,880 3,455 6,935
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 126% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) ("Net Assets") in a portfolio of equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-35 companies that are considered value opportunities, which the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund may invest in securities of companies of any capitalization. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest up to 20% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies ("emerging countries") and securities quoted in foreign currencies.

The Fund's equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser's outlook based on subsequent events, the Investment Adviser's ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in fixed income securities, such as government, corporate and bank debt obligations.

The Fund's benchmark index is the Russell 1000® Value Index.

THE FUND IS "NON-DIVERSIFIED" UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE "INVESTMENT COMPANY ACT"), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign and Emerging Countries Risk.  Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund's investments in securities of issuers located in emerging countries.

Investment Style Risk.  Different investment styles (e.g., "growth," "value" or "quantitative") tend to shift in and out of favor depending upon market and economic conditions as well as investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value investing is an example of an investment style. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk.  The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-35 companies.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund's Class A Shares from year to year; and (b) how the average annual total returns of the Fund's Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund's past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 9.67%.

Best Quarter
Q4 ‘16          +6.96%

Worst Quarter
Q1 ‘16          –2.61%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Focused Value Fund
1 Year
Since Inception
Inception Date
Class A Shares 8.18% 0.05% Jul. 31, 2015
Class A Shares | Returns After Taxes on Distributions 7.91% (0.18%) Jul. 31, 2015
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 4.86% 0.03% Jul. 31, 2015
Class A Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Class C Shares 12.66% 3.31% Jul. 31, 2015
Class C Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Institutional Shares 14.92% 4.48% Jul. 31, 2015
Institutional Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Investor Shares 14.77% 4.34% Jul. 31, 2015
Investor Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Class R Shares 14.16% 3.79% Jul. 31, 2015
Class R Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Class R6 Shares 14.95% 4.50% Jul. 31, 2015
Class R6 Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 8.99% Jul. 31, 2015
Class T Shares [1] 8.18% 0.05%  
Class T Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) [1] 17.29% 8.99%  
[1] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 40 R81.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Focused Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Focused Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Focused Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment):
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment):
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 126% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 126.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Management Fees” have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assumingcomplete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assumingno redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) ("Net Assets") in a portfolio of equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-35 companies that are considered value opportunities, which the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund may invest in securities of companies of any capitalization. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest up to 20% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies ("emerging countries") and securities quoted in foreign currencies.

The Fund's equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser's outlook based on subsequent events, the Investment Adviser's ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in fixed income securities, such as government, corporate and bank debt obligations.

The Fund's benchmark index is the Russell 1000® Value Index.

THE FUND IS "NON-DIVERSIFIED" UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE "INVESTMENT COMPANY ACT"), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Foreign and Emerging Countries Risk.  Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. The imposition of exchange controls, sanctions, confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. These risks may be more pronounced in connection with the Fund's investments in securities of issuers located in emerging countries.

Investment Style Risk.  Different investment styles (e.g., "growth," "value" or "quantitative") tend to shift in and out of favor depending upon market and economic conditions as well as investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value investing is an example of an investment style. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s net asset value (“NAV”) and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk.  The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-35 companies.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk.  The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-35 companies.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund's Class A Shares from year to year; and (b) how the average annual total returns of the Fund's Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund's past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 9.67%.

Best Quarter
Q4 ‘16          +6.96%

Worst Quarter
Q1 ‘16          –2.61%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Focused Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.80%
Other Expenses rr_OtherExpensesOverAssets 6.80% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.74%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.12% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 658
3 Years rr_ExpenseExampleYear03 2,136
5 Years rr_ExpenseExampleYear05 3,535
10 Years rr_ExpenseExampleYear10 $ 6,709
2016 rr_AnnualReturn2016 14.51%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 9.67%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.96%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2016
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (2.61%)
1 Year rr_AverageAnnualReturnYear01 8.18%
Since Inception rr_AverageAnnualReturnSinceInception 0.05%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 6.80%
Other Expenses rr_OtherExpensesOverAssets 7.05% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 8.49%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.87% [5]
1 Year rr_ExpenseExampleYear01 $ 290
3 Years rr_ExpenseExampleYear03 1,880
5 Years rr_ExpenseExampleYear05 3,455
10 Years rr_ExpenseExampleYear10 6,935
1 Year rr_ExpenseExampleNoRedemptionYear01 190
3 Years rr_ExpenseExampleNoRedemptionYear03 1,880
5 Years rr_ExpenseExampleNoRedemptionYear05 3,455
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 6,935
1 Year rr_AverageAnnualReturnYear01 12.66%
Since Inception rr_AverageAnnualReturnSinceInception 3.31%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.66%
Other Expenses rr_OtherExpensesOverAssets 6.66% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.35%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.73% [5]
1 Year rr_ExpenseExampleYear01 $ 75
3 Years rr_ExpenseExampleYear03 1,571
5 Years rr_ExpenseExampleYear05 2,999
10 Years rr_ExpenseExampleYear10 $ 6,284
1 Year rr_AverageAnnualReturnYear01 14.92%
Since Inception rr_AverageAnnualReturnSinceInception 4.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.80%
Other Expenses rr_OtherExpensesOverAssets 6.80% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.49%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.87% [5]
1 Year rr_ExpenseExampleYear01 $ 89
3 Years rr_ExpenseExampleYear03 1,610
5 Years rr_ExpenseExampleYear05 3,056
10 Years rr_ExpenseExampleYear10 $ 6,369
1 Year rr_AverageAnnualReturnYear01 14.77%
Since Inception rr_AverageAnnualReturnSinceInception 4.34%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.80%
Other Expenses rr_OtherExpensesOverAssets 6.80% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.99%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.37% [5]
1 Year rr_ExpenseExampleYear01 $ 139
3 Years rr_ExpenseExampleYear03 1,746
5 Years rr_ExpenseExampleYear05 3,259
10 Years rr_ExpenseExampleYear10 $ 6,661
1 Year rr_AverageAnnualReturnYear01 14.16%
Since Inception rr_AverageAnnualReturnSinceInception 3.79%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.65%
Other Expenses rr_OtherExpensesOverAssets 6.65% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.34%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.72% [5]
1 Year rr_ExpenseExampleYear01 $ 74
3 Years rr_ExpenseExampleYear03 1,569
5 Years rr_ExpenseExampleYear05 2,995
10 Years rr_ExpenseExampleYear10 $ 6,278
1 Year rr_AverageAnnualReturnYear01 14.95%
Since Inception rr_AverageAnnualReturnSinceInception 4.50%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 6.80%
Other Expenses rr_OtherExpensesOverAssets 6.80% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 7.74%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (6.62%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.12% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 361
3 Years rr_ExpenseExampleYear03 1,887
5 Years rr_ExpenseExampleYear05 3,329
10 Years rr_ExpenseExampleYear10 $ 6,604
1 Year rr_AverageAnnualReturnYear01 8.18% [6]
Since Inception rr_AverageAnnualReturnSinceInception 0.05% [6]
Goldman Sachs Focused Value Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.91%
Since Inception rr_AverageAnnualReturnSinceInception (0.18%)
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.86%
Since Inception rr_AverageAnnualReturnSinceInception 0.03%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
Since Inception rr_AverageAnnualReturnSinceInception 8.99%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015
Goldman Sachs Focused Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29% [6]
Since Inception rr_AverageAnnualReturnSinceInception 8.99% [6]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Large Cap Value Fund
Goldman Sachs Large Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Large Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Large Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Large Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees 0.74% 0.74% 0.74% 0.74% 0.74% 0.74% 0.74% 0.74%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [1] 0.22% 0.47% 0.08% 0.33% 0.22% 0.22% 0.07% 0.22%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.22% 0.22% 0.08% 0.08% 0.22% 0.22% 0.07% 0.22%
Total Annual Fund Operating Expenses 1.21% 1.96% 0.82% 1.32% 0.96% 1.46% 0.81% 1.21%
Fee Waiver and Expense Limitation [2] (0.11%) (0.11%) (0.04%) (0.04%) (0.11%) (0.11%) (0.04%) (0.11%)
Total Annual Fund Operating Expenses [3] 1.10% 1.85% 0.78% 1.28% 0.85% 1.35% 0.77% 1.10%
[1] The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[2] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.07% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[3] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Large Cap Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 656 903 1,168 1,926
Class C Shares 288 605 1,047 2,276
Institutional Shares 80 258 451 1,010
Service Shares 130 414 720 1,587
Investor Shares 87 295 520 1,168
Class R Shares 137 451 787 1,737
Class R6 Shares 79 255 446 998
Class T Shares 359 614 888 1,670
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Large Cap Value Fund | Class C Shares | USD ($) 188 605 1,047 2,276
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 124% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in large-cap U.S. issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell 1000® Value Index was between $1.6 billion and $452.3 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 1000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 1000® Value Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.35%.

Best Quarter
Q3 ‘09          +15.37%

Worst Quarter
Q4 ‘08          –21.77%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Large Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares 5.16% 12.19% 4.06% 5.60% Dec. 15, 1999
Class A Shares | Returns After Taxes on Distributions 4.76% 11.13% 3.37% 4.96% Dec. 15, 1999
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 3.26% 9.60% 3.14% 4.50% Dec. 15, 1999
Class A Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 6.67% Dec. 15, 1999
Class C Shares 9.35% 12.63% 3.87% 5.15% Dec. 15, 1999
Class C Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 6.67% Dec. 15, 1999
Institutional Shares 11.66% 13.92% 5.06% 6.36% Dec. 15, 1999
Institutional Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 6.67% Dec. 15, 1999
Service Shares 11.11% 13.36% 4.54% 5.87% Dec. 15, 1999
Service Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 5.72% 6.67% Dec. 15, 1999
Investor Shares 11.52% 13.75% 5.02% Nov. 30, 2007
Investor Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 6.22% Nov. 30, 2007
Class R Shares 10.99% 13.19% 4.52% Nov. 30, 2007
Class R Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) 17.29% 14.78% 6.22% Nov. 30, 2007
Class R6 Shares [1] 11.69% 13.93% 5.07% 6.37% Jul. 31, 2015
Class R6 Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) [1] 17.29% 14.78% 5.72% 6.67% Jul. 31, 2015
Class T Shares [2] 5.16% 12.19% 4.06% 5.60%  
Class T Shares | Russell 1000® Value Index (reflects no deduction for fees or expenses) [2] 17.29% 14.78% 5.72% 6.67%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 43 R89.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Large Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Large Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Large Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 124% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 124.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in large-cap U.S. issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell 1000® Value Index was between $1.6 billion and $452.3 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 1000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 1000® Value Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 6.35%.

Best Quarter
Q3 ‘09          +15.37%

Worst Quarter
Q4 ‘08          –21.77%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Large Cap Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.21%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.10% [4]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 656
3 Years rr_ExpenseExampleYear03 903
5 Years rr_ExpenseExampleYear05 1,168
10 Years rr_ExpenseExampleYear10 $ 1,926
2007 rr_AnnualReturn2007 3.50%
2008 rr_AnnualReturn2008 (37.21%)
2009 rr_AnnualReturn2009 24.76%
2010 rr_AnnualReturn2010 12.13%
2011 rr_AnnualReturn2011 (7.81%)
2012 rr_AnnualReturn2012 19.15%
2013 rr_AnnualReturn2013 32.59%
2014 rr_AnnualReturn2014 12.26%
2015 rr_AnnualReturn2015 (4.66%)
2016 rr_AnnualReturn2016 11.29%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 6.35%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.37%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.77%)
1 Year rr_AverageAnnualReturnYear01 5.16%
5 Years rr_AverageAnnualReturnYear05 12.19%
10 Years rr_AverageAnnualReturnYear10 4.06%
Since Inception rr_AverageAnnualReturnSinceInception 5.60%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.47% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.96%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.85% [4]
1 Year rr_ExpenseExampleYear01 $ 288
3 Years rr_ExpenseExampleYear03 605
5 Years rr_ExpenseExampleYear05 1,047
10 Years rr_ExpenseExampleYear10 2,276
1 Year rr_ExpenseExampleNoRedemptionYear01 188
3 Years rr_ExpenseExampleNoRedemptionYear03 605
5 Years rr_ExpenseExampleNoRedemptionYear05 1,047
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,276
1 Year rr_AverageAnnualReturnYear01 9.35%
5 Years rr_AverageAnnualReturnYear05 12.63%
10 Years rr_AverageAnnualReturnYear10 3.87%
Since Inception rr_AverageAnnualReturnSinceInception 5.15%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.08%
Other Expenses rr_OtherExpensesOverAssets 0.08% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.82%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.04%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.78% [4]
1 Year rr_ExpenseExampleYear01 $ 80
3 Years rr_ExpenseExampleYear03 258
5 Years rr_ExpenseExampleYear05 451
10 Years rr_ExpenseExampleYear10 $ 1,010
1 Year rr_AverageAnnualReturnYear01 11.66%
5 Years rr_AverageAnnualReturnYear05 13.92%
10 Years rr_AverageAnnualReturnYear10 5.06%
Since Inception rr_AverageAnnualReturnSinceInception 6.36%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.08%
Other Expenses rr_OtherExpensesOverAssets 0.33% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.32%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.04%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.28% [4]
1 Year rr_ExpenseExampleYear01 $ 130
3 Years rr_ExpenseExampleYear03 414
5 Years rr_ExpenseExampleYear05 720
10 Years rr_ExpenseExampleYear10 $ 1,587
1 Year rr_AverageAnnualReturnYear01 11.11%
5 Years rr_AverageAnnualReturnYear05 13.36%
10 Years rr_AverageAnnualReturnYear10 4.54%
Since Inception rr_AverageAnnualReturnSinceInception 5.87%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.96%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.85% [4]
1 Year rr_ExpenseExampleYear01 $ 87
3 Years rr_ExpenseExampleYear03 295
5 Years rr_ExpenseExampleYear05 520
10 Years rr_ExpenseExampleYear10 $ 1,168
1 Year rr_AverageAnnualReturnYear01 11.52%
5 Years rr_AverageAnnualReturnYear05 13.75%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 5.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.35% [4]
1 Year rr_ExpenseExampleYear01 $ 137
3 Years rr_ExpenseExampleYear03 451
5 Years rr_ExpenseExampleYear05 787
10 Years rr_ExpenseExampleYear10 $ 1,737
1 Year rr_AverageAnnualReturnYear01 10.99%
5 Years rr_AverageAnnualReturnYear05 13.19%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 4.52%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.07% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.81%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.04%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.77% [4]
1 Year rr_ExpenseExampleYear01 $ 79
3 Years rr_ExpenseExampleYear03 255
5 Years rr_ExpenseExampleYear05 446
10 Years rr_ExpenseExampleYear10 $ 998
1 Year rr_AverageAnnualReturnYear01 11.69% [5]
5 Years rr_AverageAnnualReturnYear05 13.93% [5]
10 Years rr_AverageAnnualReturnYear10 5.07% [5]
Since Inception rr_AverageAnnualReturnSinceInception 6.37% [5]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [5]
Goldman Sachs Large Cap Value Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.21%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.11%) [3]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.10% [4]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 359
3 Years rr_ExpenseExampleYear03 614
5 Years rr_ExpenseExampleYear05 888
10 Years rr_ExpenseExampleYear10 $ 1,670
1 Year rr_AverageAnnualReturnYear01 5.16% [6]
5 Years rr_AverageAnnualReturnYear05 12.19% [6]
10 Years rr_AverageAnnualReturnYear10 4.06% [6]
Since Inception rr_AverageAnnualReturnSinceInception 5.60% [6]
Goldman Sachs Large Cap Value Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.76%
5 Years rr_AverageAnnualReturnYear05 11.13%
10 Years rr_AverageAnnualReturnYear10 3.37%
Since Inception rr_AverageAnnualReturnSinceInception 4.96%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.26%
5 Years rr_AverageAnnualReturnYear05 9.60%
10 Years rr_AverageAnnualReturnYear10 3.14%
Since Inception rr_AverageAnnualReturnSinceInception 4.50%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 6.67%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 6.67%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 6.67%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10 5.72%
Since Inception rr_AverageAnnualReturnSinceInception 6.67%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.22%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29%
5 Years rr_AverageAnnualReturnYear05 14.78%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.22%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29% [5]
5 Years rr_AverageAnnualReturnYear05 14.78% [5]
10 Years rr_AverageAnnualReturnYear10 5.72% [5]
Since Inception rr_AverageAnnualReturnSinceInception 6.67% [5]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [5]
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.29% [6]
5 Years rr_AverageAnnualReturnYear05 14.78% [6]
10 Years rr_AverageAnnualReturnYear10 5.72% [6]
Since Inception rr_AverageAnnualReturnSinceInception 6.67% [6]
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The "Other Expenses" for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund's average daily net assets. Additionally, Goldman Sachs & Co. ("Goldman Sachs"), the Fund's transfer agent, has agreed to waive a portion of its transfer agency fee (a component of "Other Expenses") equal to 0.07% as an annual percentage rate of the average daily net assets attributable to Class A, Class C, Investor, Class R and Class T Shares of the Fund. These arrangements will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser and Goldman Sachs may not terminate the arrangements without the approval of the Board of Trustees.
[4] After Fee Waiver and Expense Limitation
[5] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[6] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Mid Cap Value Fund
Goldman Sachs Mid Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Mid Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Mid Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [1] 0.20% 0.45% 0.06% 0.31% 0.20% 0.20% 0.05% 0.20%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.20% 0.20% 0.06% 0.06% 0.20% 0.20% 0.05% 0.20%
Total Annual Fund Operating Expenses 1.16% 1.91% 0.77% 1.27% 0.91% 1.41% 0.76% 1.16%
[1] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Mid Cap Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 662 898 1,153 1,881
Class C Shares 294 600 1,032 2,233
Institutional Shares 79 246 428 954
Service Shares 129 403 697 1,534
Investor Shares 93 290 504 1,120
Class R Shares 144 446 771 1,691
Class R6 Shares 78 243 422 942
Class T Shares 365 609 872 1,624
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Mid Cap Value Fund | Class C Shares | USD ($) 194 600 1,032 2,233
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 124% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell Midcap® Value Index was between $1.6 billion and $33.8 billion. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell Midcap® Value Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 5.60%.

Best Quarter
Q3 ‘09          +19.51%

Worst Quarter
Q4 ‘08          –23.79%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Mid Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares 6.61% 11.30% 5.54% 8.37% Aug. 15, 1997
Class A Shares | Returns After Taxes on Distributions 6.36% 8.56% 3.98% 6.81% Aug. 15, 1997
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 3.95% 8.52% 4.18% 6.58% Aug. 15, 1997
Class A Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 7.58% 9.80% Aug. 15, 1997
Class C Shares 10.98% 11.74% 5.34% 7.89% Aug. 15, 1997
Class C Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 7.58% 9.80% Aug. 15, 1997
Institutional Shares 13.25% 13.02% 6.56% 10.92% Aug. 01, 1995
Institutional Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 7.58% 11.23% Aug. 01, 1995
Service Shares 12.69% 12.45% 6.03% 8.71% Jul. 18, 1997
Service Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 7.58% 9.88% Jul. 18, 1997
Investor Shares 13.09% 12.85% 6.83% Nov. 30, 2007
Investor Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 8.41% Nov. 30, 2007
Class R Shares 12.55% 12.29% 12.88% Jan. 06, 2009
Class R Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) 19.94% 15.69% 16.00% Jan. 06, 2009
Class R6 Shares [1] 13.29% 13.03% 6.57% 10.93% Jul. 31, 2015
Class R6 Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) [1] 19.94% 15.69% 7.58% 11.23% Jul. 31, 2015
Class T Shares [2] 6.61% 11.30% 5.54% 8.37%  
Class T Shares | Russell Midcap® Value Index (reflects no deduction for fees or expenses) [2] 19.94% 15.69% 7.58% 9.80%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 46 R97.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Mid Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 124% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 124.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell Midcap® Value Index was between $1.6 billion and $33.8 billion. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell Midcap® Value Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 5.60%.

Best Quarter
Q3 ‘09          +19.51%

Worst Quarter
Q4 ‘08          –23.79%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Mid Cap Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.16%
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 662
3 Years rr_ExpenseExampleYear03 898
5 Years rr_ExpenseExampleYear05 1,153
10 Years rr_ExpenseExampleYear10 $ 1,881
2007 rr_AnnualReturn2007 2.91%
2008 rr_AnnualReturn2008 (36.65%)
2009 rr_AnnualReturn2009 32.70%
2010 rr_AnnualReturn2010 24.36%
2011 rr_AnnualReturn2011 (6.61%)
2012 rr_AnnualReturn2012 17.98%
2013 rr_AnnualReturn2013 32.43%
2014 rr_AnnualReturn2014 13.25%
2015 rr_AnnualReturn2015 (9.46%)
2016 rr_AnnualReturn2016 12.81%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 5.60%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.51%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.79%)
1 Year rr_AverageAnnualReturnYear01 6.61%
5 Years rr_AverageAnnualReturnYear05 11.30%
10 Years rr_AverageAnnualReturnYear10 5.54%
Since Inception rr_AverageAnnualReturnSinceInception 8.37%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.45% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.91%
1 Year rr_ExpenseExampleYear01 $ 294
3 Years rr_ExpenseExampleYear03 600
5 Years rr_ExpenseExampleYear05 1,032
10 Years rr_ExpenseExampleYear10 2,233
1 Year rr_ExpenseExampleNoRedemptionYear01 194
3 Years rr_ExpenseExampleNoRedemptionYear03 600
5 Years rr_ExpenseExampleNoRedemptionYear05 1,032
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,233
1 Year rr_AverageAnnualReturnYear01 10.98%
5 Years rr_AverageAnnualReturnYear05 11.74%
10 Years rr_AverageAnnualReturnYear10 5.34%
Since Inception rr_AverageAnnualReturnSinceInception 7.89%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.77%
1 Year rr_ExpenseExampleYear01 $ 79
3 Years rr_ExpenseExampleYear03 246
5 Years rr_ExpenseExampleYear05 428
10 Years rr_ExpenseExampleYear10 $ 954
1 Year rr_AverageAnnualReturnYear01 13.25%
5 Years rr_AverageAnnualReturnYear05 13.02%
10 Years rr_AverageAnnualReturnYear10 6.56%
Since Inception rr_AverageAnnualReturnSinceInception 10.92%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 1995
Goldman Sachs Mid Cap Value Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.31% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.27%
1 Year rr_ExpenseExampleYear01 $ 129
3 Years rr_ExpenseExampleYear03 403
5 Years rr_ExpenseExampleYear05 697
10 Years rr_ExpenseExampleYear10 $ 1,534
1 Year rr_AverageAnnualReturnYear01 12.69%
5 Years rr_AverageAnnualReturnYear05 12.45%
10 Years rr_AverageAnnualReturnYear10 6.03%
Since Inception rr_AverageAnnualReturnSinceInception 8.71%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 18, 1997
Goldman Sachs Mid Cap Value Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.91%
1 Year rr_ExpenseExampleYear01 $ 93
3 Years rr_ExpenseExampleYear03 290
5 Years rr_ExpenseExampleYear05 504
10 Years rr_ExpenseExampleYear10 $ 1,120
1 Year rr_AverageAnnualReturnYear01 13.09%
5 Years rr_AverageAnnualReturnYear05 12.85%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 6.83%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Mid Cap Value Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
1 Year rr_ExpenseExampleYear01 $ 144
3 Years rr_ExpenseExampleYear03 446
5 Years rr_ExpenseExampleYear05 771
10 Years rr_ExpenseExampleYear10 $ 1,691
1 Year rr_AverageAnnualReturnYear01 12.55%
5 Years rr_AverageAnnualReturnYear05 12.29%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 12.88%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Mid Cap Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.05%
Other Expenses rr_OtherExpensesOverAssets 0.05% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.76%
1 Year rr_ExpenseExampleYear01 $ 78
3 Years rr_ExpenseExampleYear03 243
5 Years rr_ExpenseExampleYear05 422
10 Years rr_ExpenseExampleYear10 $ 942
1 Year rr_AverageAnnualReturnYear01 13.29% [3]
5 Years rr_AverageAnnualReturnYear05 13.03% [3]
10 Years rr_AverageAnnualReturnYear10 6.57% [3]
Since Inception rr_AverageAnnualReturnSinceInception 10.93% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [3]
Goldman Sachs Mid Cap Value Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.71%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.16%
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 365
3 Years rr_ExpenseExampleYear03 609
5 Years rr_ExpenseExampleYear05 872
10 Years rr_ExpenseExampleYear10 $ 1,624
1 Year rr_AverageAnnualReturnYear01 6.61% [4]
5 Years rr_AverageAnnualReturnYear05 11.30% [4]
10 Years rr_AverageAnnualReturnYear10 5.54% [4]
Since Inception rr_AverageAnnualReturnSinceInception 8.37% [4]
Goldman Sachs Mid Cap Value Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.36%
5 Years rr_AverageAnnualReturnYear05 8.56%
10 Years rr_AverageAnnualReturnYear10 3.98%
Since Inception rr_AverageAnnualReturnSinceInception 6.81%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.95%
5 Years rr_AverageAnnualReturnYear05 8.52%
10 Years rr_AverageAnnualReturnYear10 4.18%
Since Inception rr_AverageAnnualReturnSinceInception 6.58%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10 7.58%
Since Inception rr_AverageAnnualReturnSinceInception 9.80%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10 7.58%
Since Inception rr_AverageAnnualReturnSinceInception 9.80%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10 7.58%
Since Inception rr_AverageAnnualReturnSinceInception 11.23%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 1995
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10 7.58%
Since Inception rr_AverageAnnualReturnSinceInception 9.88%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 18, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 8.41%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94%
5 Years rr_AverageAnnualReturnYear05 15.69%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 16.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94% [3]
5 Years rr_AverageAnnualReturnYear05 15.69% [3]
10 Years rr_AverageAnnualReturnYear10 7.58% [3]
Since Inception rr_AverageAnnualReturnSinceInception 11.23% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [3]
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.94% [4]
5 Years rr_AverageAnnualReturnYear05 15.69% [4]
10 Years rr_AverageAnnualReturnYear10 7.58% [4]
Since Inception rr_AverageAnnualReturnSinceInception 9.80% [4]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[4] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Small Cap Value Fund
Goldman Sachs Small Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Small Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees - Goldman Sachs Small Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Goldman Sachs Small Cap Value Fund
Class A
Class C
Institutional
Service
Investor
Class R
Class R6
Class T
Management Fees [1] 0.90% 0.90% 0.90% 0.90% 0.90% 0.90% 0.90% 0.90%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none 0.25% none 0.50% none 0.25%
Other Expenses [2] 0.20% 0.45% 0.06% 0.31% 0.20% 0.20% 0.05% 0.20%
Service Fees none 0.25% none none none none none none
Shareholder Administration Fees none none none 0.25% none none none none
All Other Expenses 0.20% 0.20% 0.06% 0.06% 0.20% 0.20% 0.05% 0.20%
Acquired Fund Fees and Expenses 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
Total Annual Fund Operating Expenses 1.36% 2.11% 0.97% 1.47% 1.11% 1.61% 0.96% 1.36%
Expense Limitation [3] (0.02%) (0.02%) (0.02%) (0.02%) (0.02%) (0.02%) (0.02%) (0.02%)
Total Annual Fund Operating Expenses [4] 1.34% 2.09% 0.95% 1.45% 1.09% 1.59% 0.94% 1.34%
[1] The Fund’s “Management Fees” have been restated to reflect current expenses.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Small Cap Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 679 955 1,252 2,093
Class C Shares 312 659 1,132 2,440
Institutional Shares 97 307 534 1,188
Service Shares 148 463 801 1,756
Investor Shares 111 351 610 1,350
Class R Shares 162 506 874 1,909
Class R6 Shares 96 304 529 1,176
Class T Shares 383 668 974 1,842
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Small Cap Value Fund | Class C Shares | USD ($) 212 659 1,132 2,440
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 68% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell 2000® Value Index was between $25.8 million and $9.4 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2000® Value Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.68%.

Best Quarter
Q3 ‘09           +19.78%

Worst Quarter
Q4 ‘08           –24.77%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Small Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares 17.27% 13.64% 7.70% 10.61% Oct. 22, 1992
Class A Shares | Returns After Taxes on Distributions 16.34% 11.89% 6.46% 9.37% Oct. 22, 1992
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 10.57% 10.62% 5.97% 8.81% Oct. 22, 1992
Class A Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 6.26% 11.33% Oct. 22, 1992
Class C Shares 22.11% 14.07% 7.51% 8.77% Aug. 15, 1997
Class C Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 6.26% 9.04% Aug. 15, 1997
Institutional Shares 24.58% 15.38% 8.75% 10.03% Aug. 15, 1997
Institutional Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 6.26% 9.04% Aug. 15, 1997
Service Shares 23.94% 14.81% 8.21% 9.49% Aug. 15, 1997
Service Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 6.26% 9.04% Aug. 15, 1997
Investor Shares 24.40% 15.21% 9.99% Nov. 30, 2007
Investor Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 8.02% Nov. 30, 2007
Class R Shares 23.78% 14.64% 9.46% Nov. 30, 2007
Class R Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) 31.64% 15.05% 8.02% Nov. 30, 2007
Class R6 Shares [1] 24.59% 15.39% 8.75% 10.03% Jul. 31, 2015
Class R6 Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) [1] 31.64% 15.05% 6.26% 9.04% Jul. 31, 2015
Class T Shares [2] 17.27% 13.64% 7.70% 10.61%  
Class T Shares | Russell 2000® Value Index (reflects no deduction for fees or expenses) [2] 31.64% 15.05% 6.26% 11.33%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 49 R105.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Small Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Small Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Small Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 68% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 68.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund's "Management Fees" have been restated to reflect current expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index at the time of investment. As of September 30, 2017, the capitalization range of the Russell 2000® Value Index was between $25.8 million and $9.4 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2000® Value Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Service, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.68%.

Best Quarter
Q3 ‘09           +19.78%

Worst Quarter
Q4 ‘08           –24.77%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Service, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Small Cap Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.34% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 679
3 Years rr_ExpenseExampleYear03 955
5 Years rr_ExpenseExampleYear05 1,252
10 Years rr_ExpenseExampleYear10 $ 2,093
2007 rr_AnnualReturn2007 (5.71%)
2008 rr_AnnualReturn2008 (27.15%)
2009 rr_AnnualReturn2009 27.70%
2010 rr_AnnualReturn2010 25.88%
2011 rr_AnnualReturn2011 0.42%
2012 rr_AnnualReturn2012 16.02%
2013 rr_AnnualReturn2013 38.28%
2014 rr_AnnualReturn2014 6.86%
2015 rr_AnnualReturn2015 (5.77%)
2016 rr_AnnualReturn2016 24.08%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 7.68%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.78%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.77%)
1 Year rr_AverageAnnualReturnYear01 17.27%
5 Years rr_AverageAnnualReturnYear05 13.64%
10 Years rr_AverageAnnualReturnYear10 7.70%
Since Inception rr_AverageAnnualReturnSinceInception 10.61%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.45% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.11%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.09% [5]
1 Year rr_ExpenseExampleYear01 $ 312
3 Years rr_ExpenseExampleYear03 659
5 Years rr_ExpenseExampleYear05 1,132
10 Years rr_ExpenseExampleYear10 2,440
1 Year rr_ExpenseExampleNoRedemptionYear01 212
3 Years rr_ExpenseExampleNoRedemptionYear03 659
5 Years rr_ExpenseExampleNoRedemptionYear05 1,132
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,440
1 Year rr_AverageAnnualReturnYear01 22.11%
5 Years rr_AverageAnnualReturnYear05 14.07%
10 Years rr_AverageAnnualReturnYear10 7.51%
Since Inception rr_AverageAnnualReturnSinceInception 8.77%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.97%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.95% [5]
1 Year rr_ExpenseExampleYear01 $ 97
3 Years rr_ExpenseExampleYear03 307
5 Years rr_ExpenseExampleYear05 534
10 Years rr_ExpenseExampleYear10 $ 1,188
1 Year rr_AverageAnnualReturnYear01 24.58%
5 Years rr_AverageAnnualReturnYear05 15.38%
10 Years rr_AverageAnnualReturnYear10 8.75%
Since Inception rr_AverageAnnualReturnSinceInception 10.03%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Service  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.47%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.45% [5]
1 Year rr_ExpenseExampleYear01 $ 148
3 Years rr_ExpenseExampleYear03 463
5 Years rr_ExpenseExampleYear05 801
10 Years rr_ExpenseExampleYear10 $ 1,756
1 Year rr_AverageAnnualReturnYear01 23.94%
5 Years rr_AverageAnnualReturnYear05 14.81%
10 Years rr_AverageAnnualReturnYear10 8.21%
Since Inception rr_AverageAnnualReturnSinceInception 9.49%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.09% [5]
1 Year rr_ExpenseExampleYear01 $ 111
3 Years rr_ExpenseExampleYear03 351
5 Years rr_ExpenseExampleYear05 610
10 Years rr_ExpenseExampleYear10 $ 1,350
1 Year rr_AverageAnnualReturnYear01 24.40%
5 Years rr_AverageAnnualReturnYear05 15.21%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 9.99%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.61%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.59% [5]
1 Year rr_ExpenseExampleYear01 $ 162
3 Years rr_ExpenseExampleYear03 506
5 Years rr_ExpenseExampleYear05 874
10 Years rr_ExpenseExampleYear10 $ 1,909
1 Year rr_AverageAnnualReturnYear01 23.78%
5 Years rr_AverageAnnualReturnYear05 14.64%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.05%
Other Expenses rr_OtherExpensesOverAssets 0.05% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.96%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.94% [5]
1 Year rr_ExpenseExampleYear01 $ 96
3 Years rr_ExpenseExampleYear03 304
5 Years rr_ExpenseExampleYear05 529
10 Years rr_ExpenseExampleYear10 $ 1,176
1 Year rr_AverageAnnualReturnYear01 24.59% [6]
5 Years rr_AverageAnnualReturnYear05 15.39% [6]
10 Years rr_AverageAnnualReturnYear10 8.75% [6]
Since Inception rr_AverageAnnualReturnSinceInception 10.03% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small Cap Value Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.90% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.20%
Other Expenses rr_OtherExpensesOverAssets 0.20% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.02%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.34% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 383
3 Years rr_ExpenseExampleYear03 668
5 Years rr_ExpenseExampleYear05 974
10 Years rr_ExpenseExampleYear10 $ 1,842
1 Year rr_AverageAnnualReturnYear01 17.27% [7]
5 Years rr_AverageAnnualReturnYear05 13.64% [7]
10 Years rr_AverageAnnualReturnYear10 7.70% [7]
Since Inception rr_AverageAnnualReturnSinceInception 10.61% [7]
Goldman Sachs Small Cap Value Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.34%
5 Years rr_AverageAnnualReturnYear05 11.89%
10 Years rr_AverageAnnualReturnYear10 6.46%
Since Inception rr_AverageAnnualReturnSinceInception 9.37%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.57%
5 Years rr_AverageAnnualReturnYear05 10.62%
10 Years rr_AverageAnnualReturnYear10 5.97%
Since Inception rr_AverageAnnualReturnSinceInception 8.81%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10 6.26%
Since Inception rr_AverageAnnualReturnSinceInception 11.33%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10 6.26%
Since Inception rr_AverageAnnualReturnSinceInception 9.04%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10 6.26%
Since Inception rr_AverageAnnualReturnSinceInception 9.04%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Service  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10 6.26%
Since Inception rr_AverageAnnualReturnSinceInception 9.04%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 8.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 8.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64% [6]
5 Years rr_AverageAnnualReturnYear05 15.05% [6]
10 Years rr_AverageAnnualReturnYear10 6.26% [6]
Since Inception rr_AverageAnnualReturnSinceInception 9.04% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.64% [7]
5 Years rr_AverageAnnualReturnYear05 15.05% [7]
10 Years rr_AverageAnnualReturnYear10 6.26% [7]
Since Inception rr_AverageAnnualReturnSinceInception 11.33% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current expenses.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares' inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares’ inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Goldman Sachs Small/Mid Cap Value Fund
Goldman Sachs Small/Mid Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Small/Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment):
Shareholder Fees - Goldman Sachs Small/Mid Cap Value Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment):
Annual Fund Operating Expenses - Goldman Sachs Small/Mid Cap Value Fund
Class A
Class C
Institutional
Investor
Class R
Class R6
Class T
Management Fees [1] 0.80% 0.80% 0.80% 0.80% 0.80% 0.80% 0.80%
Distribution and/or Service (12b-1) Fees 0.25% 0.75% none none 0.50% none 0.25%
Other Expenses [2] 0.63% 0.88% 0.49% 0.63% 0.63% 0.48% 0.63%
Service Fees none 0.25% none none none none none
All Other Expenses 0.63% 0.63% 0.49% 0.63% 0.63% 0.48% 0.63%
Total Annual Fund Operating Expenses 1.68% 2.43% 1.29% 1.43% 1.93% 1.28% 1.68%
Expense Limitation [3] (0.45%) (0.45%) (0.45%) (0.45%) (0.45%) (0.45%) (0.45%)
Total Annual Fund Operating Expenses [4] 1.23% 1.98% 0.84% 0.98% 1.48% 0.83% 1.23%
[1] The Fund’s “Management Fees” have been restated to reflect current fees.
[2] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[3] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[4] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example - Goldman Sachs Small/Mid Cap Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A Shares 668 1,009 1,372 2,392
Class C Shares 301 715 1,255 2,732
Institutional Shares 86 365 664 1,517
Investor Shares 100 408 739 1,674
Class R Shares 151 563 1,000 2,217
Class R6 Shares 85 361 659 1,506
Class T Shares 372 724 1,099 2,151
Assuming no redemption
Expense Example, No Redemption
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Small/Mid Cap Value Fund | Class C Shares | USD ($) 201 715 1,255 2,732
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 108% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small- and mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index and the Russell Midcap® Value Index, respectively, at the time of investment. As of September 30, 2017, the capitalization range of the companies in these indices was between $25.8 million and $33.8 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index and the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2500® Value Index.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Institutional Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (INSTITUTIONAL)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.95%.

Best Quarter
Q4 ‘16          +8.05%

Worst Quarter
Q3 ‘15          –9.29%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Average Annual Total Returns - Goldman Sachs Small/Mid Cap Value Fund
1 Year
Since Inception
Inception Date
Class A Shares 10.44% 5.36% Jan. 31, 2014
Class A Shares | Returns After Taxes on Distributions 10.29% 5.02% Jan. 31, 2014
Class A Shares | Returns After Taxes on Distributions and Sale of Fund Shares 6.04% 4.02% Jan. 31, 2014
Class A Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) 25.12% 9.46% Jan. 31, 2014
Class C Shares 15.08% 6.68% Jan. 31, 2014
Class C Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) 25.12% 9.46% Jan. 31, 2014
Institutional Shares 17.38% 7.94% Jan. 31, 2014
Institutional Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) 25.12% 9.46% Jan. 31, 2014
Investor Shares 17.20% 7.69% Jan. 31, 2014
Investor Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) 25.12% 9.46% Jan. 31, 2014
Class R Shares 16.59% 7.19% Jan. 31, 2014
Class R Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) 25.12% 9.46% Jan. 31, 2014
Class R6 Shares [1] 17.38% 7.95% Jul. 31, 2015
Class R6 Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) [1] 25.12% 9.46% Jul. 31, 2015
Class T Shares [2] 10.44% 5.36%  
Class T Shares | Russell 2500® Value Index (reflects no deduction for fees or expenses) [2] 25.12% 9.46%  
[1] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[2] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 52 R113.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Goldman Sachs Small/Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Small/Mid Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Small/Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment):
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment):
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2017 was 108% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 108.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A or Class T Shares if you invest at least $50,000 or $250,000, respectively, in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 56 and “Shareholder Guide—Common Questions Applicable to the Purchase of Class T Shares” beginning on page 59 and in Appendix D—Additional Information About Sales Charge Variations, Waivers and Discounts on page 102 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-106 of the Fund’s Statement of Additional Information (“SAI”).
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund's "Management Fees" have been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Investor, Class R, Class R6 and/or Class T Shares at the end of those periods, unless otherwise stated. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small- and mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index and the Russell Midcap® Value Index, respectively, at the time of investment. As of September 30, 2017, the capitalization range of the companies in these indices was between $25.8 million and $33.8 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, including real estate investment trusts (“REITs”), it may also invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index and the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.

The Fund’s benchmark index is the Russell 2500® Value Index.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective. Investments in the Fund involve substantial risks which prospective investors should consider carefully before investing.

Investment Style Risk.  Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. Value stocks are those believed to be undervalued in comparison to their peers, due to market, company-specific or other factors.

Large Shareholder Transactions Risk.  The Fund may experience adverse effects when certain large shareholders purchase or redeem large amounts of shares of the Fund. Such large shareholder redemptions may cause the Fund to sell portfolio securities at times when it would not otherwise do so, which may negatively impact the Fund’s NAV and liquidity. Similarly, large Fund share purchases may adversely affect the Fund’s performance to the extent that the Fund is delayed in investing new cash and is required to maintain a larger cash position than it ordinarily would. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in the Fund’s current expenses being allocated over a smaller asset base, leading to an increase in the Fund’s expense ratio.

Market Risk.  The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk.  Investments in mid-capitalization and small-capitalization companies involve greater risks than those associated with larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Portfolio Turnover Rate Risk.  A high rate of portfolio turnover (100% or more) involves correspondingly greater expenses which must be borne by the Fund and its shareholders, and is also likely to result in short-term capital gains taxable to shareholders.

REIT Risk.  Risks associated with investments such as REITs in the real estate industry include, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage financing, variations in rental income, neighborhood values or the appeal of property to tenants; interest rates; overbuilding; extended vacancies of properties; increases in competition, property taxes and operating expenses; and changes in zoning laws. REITs whose underlying properties are concentrated in a particular industry or geographic region are subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Securities of such issuers may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price.

Stock Risk.  Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Institutional Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.gsamfunds.com/performance or by calling the appropriate phone number on the back cover of the Prospectus.

Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Institutional Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Investor, Class R, Class R6 and Class T Shares compare to those of a broad-based securities market index.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, Class T Shares have not commenced operations.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gsamfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (INSTITUTIONAL)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2017 was 7.95%.

Best Quarter
Q4 ‘16          +8.05%

Worst Quarter
Q3 ‘15          –9.29%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2016
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional, Investor, Class R6 and Class T Shares, and returns for Class R Shares (which are offered exclusively to employee benefit plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Small/Mid Cap Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.63%
Other Expenses rr_OtherExpensesOverAssets 0.63% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.68%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.23% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
1 Year rr_ExpenseExampleYear01 668
3 Years rr_ExpenseExampleYear03 1,009
5 Years rr_ExpenseExampleYear05 1,372
10 Years rr_ExpenseExampleYear10 $ 2,392
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2017
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 7.95%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.05%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.29%)
1 Year rr_AverageAnnualReturnYear01 10.44%
Since Inception rr_AverageAnnualReturnSinceInception 5.36%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.63%
Other Expenses rr_OtherExpensesOverAssets 0.88% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.43%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.98% [5]
1 Year rr_ExpenseExampleYear01 $ 301
3 Years rr_ExpenseExampleYear03 715
5 Years rr_ExpenseExampleYear05 1,255
10 Years rr_ExpenseExampleYear10 2,732
1 Year rr_ExpenseExampleNoRedemptionYear01 201
3 Years rr_ExpenseExampleNoRedemptionYear03 715
5 Years rr_ExpenseExampleNoRedemptionYear05 1,255
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,732
1 Year rr_AverageAnnualReturnYear01 15.08%
Since Inception rr_AverageAnnualReturnSinceInception 6.68%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Institutional  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.49%
Other Expenses rr_OtherExpensesOverAssets 0.49% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.29%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.84% [5]
1 Year rr_ExpenseExampleYear01 $ 86
3 Years rr_ExpenseExampleYear03 365
5 Years rr_ExpenseExampleYear05 664
10 Years rr_ExpenseExampleYear10 $ 1,517
2015 rr_AnnualReturn2015 (4.36%)
2016 rr_AnnualReturn2016 16.86%
1 Year rr_AverageAnnualReturnYear01 17.38%
Since Inception rr_AverageAnnualReturnSinceInception 7.94%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Investor  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.63%
Other Expenses rr_OtherExpensesOverAssets 0.63% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.43%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.98% [5]
1 Year rr_ExpenseExampleYear01 $ 100
3 Years rr_ExpenseExampleYear03 408
5 Years rr_ExpenseExampleYear05 739
10 Years rr_ExpenseExampleYear10 $ 1,674
1 Year rr_AverageAnnualReturnYear01 17.20%
Since Inception rr_AverageAnnualReturnSinceInception 7.69%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.63%
Other Expenses rr_OtherExpensesOverAssets 0.63% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.93%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.48% [5]
1 Year rr_ExpenseExampleYear01 $ 151
3 Years rr_ExpenseExampleYear03 563
5 Years rr_ExpenseExampleYear05 1,000
10 Years rr_ExpenseExampleYear10 $ 2,217
1 Year rr_AverageAnnualReturnYear01 16.59%
Since Inception rr_AverageAnnualReturnSinceInception 7.19%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.48%
Other Expenses rr_OtherExpensesOverAssets 0.48% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.28%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.83% [5]
1 Year rr_ExpenseExampleYear01 $ 85
3 Years rr_ExpenseExampleYear03 361
5 Years rr_ExpenseExampleYear05 659
10 Years rr_ExpenseExampleYear10 $ 1,506
1 Year rr_AverageAnnualReturnYear01 17.38% [6]
Since Inception rr_AverageAnnualReturnSinceInception 7.95% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small/Mid Cap Value Fund | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.80% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.63%
Other Expenses rr_OtherExpensesOverAssets 0.63% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.68%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.23% [5]
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
1 Year rr_ExpenseExampleYear01 372
3 Years rr_ExpenseExampleYear03 724
5 Years rr_ExpenseExampleYear05 1,099
10 Years rr_ExpenseExampleYear10 $ 2,151
1 Year rr_AverageAnnualReturnYear01 10.44% [7]
Since Inception rr_AverageAnnualReturnSinceInception 5.36% [7]
Goldman Sachs Small/Mid Cap Value Fund | Returns After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.29%
Since Inception rr_AverageAnnualReturnSinceInception 5.02%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.04%
Since Inception rr_AverageAnnualReturnSinceInception 4.02%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Class C  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Institutional  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Investor  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Class R  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.46%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Class R6  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12% [6]
Since Inception rr_AverageAnnualReturnSinceInception 9.46% [6]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 2015 [6]
Goldman Sachs Small/Mid Cap Value Fund | Russell 2500® Value Index (reflects no deduction for fees or expenses) | Class T  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.12% [7]
Since Inception rr_AverageAnnualReturnSinceInception 9.46% [7]
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Fund’s “Management Fees” have been restated to reflect current fees.
[3] The “Other Expenses” for Class T Shares have been estimated to reflect expenses expected to be incurred during the current fiscal year.
[4] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, taxes, interest, brokerage fees, expenses of shareholder meetings, litigation and indemnification, and extraordinary expenses) to 0.004% of the Fund’s average daily net assets. This arrangement will remain in effect through at least December 29, 2018, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[5] After Expense Limitation
[6] Class R6 Shares commenced operations on July 31, 2015. Prior to that date, the performance of the Class R6 Shares shown in the table above is that of the Institutional Shares, including since inception performance as of Institutional Shares’ inception date. Performance has not been adjusted to reflect the lower expenses of Class R6 Shares. Class R6 Shares would have had higher returns because: (i) Institutional Shares and Class R6 Shares represent interests in the same portfolio of securities; and (ii) Class R6 Shares have lower expenses.
[7] As of the date of the Prospectus, Class T Shares have not commenced operations. Performance of Class T Shares shown in the table above is that of Class A Shares, including since inception performance as of Class A Shares' inception date. Performance has not been adjusted to reflect the lower maximum sales charge (load) imposed on purchases of Class T Shares. Class T Shares would have had higher returns because: (i) Class A Shares and Class T Shares represent interests in the same portfolio of securities; and (ii) Class T Shares impose a lower maximum sales charge (load) on purchases.
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Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Document Creation Date dei_DocumentCreationDate Dec. 26, 2017
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