GOLDMAN SACHS TRUST
Class A, Class C, Institutional, Service, Investor, Class R, Class R6, Class T and Class P Shares of the
Goldman Sachs Balanced Strategy Portfolio
Goldman Sachs Growth and Income Strategy Portfolio
Goldman Sachs Growth Strategy Portfolio
Goldman Sachs Equity Growth Strategy Portfolio
Goldman Sachs Satellite Strategies Portfolio
(each, a Portfolio and collectively, the Portfolios)
Supplement dated June 21, 2018 to the
Prospectuses, Summary Prospectuses and Statement of Additional Information (the SAI), each dated April 30, 2018, as supplemented to date
Effective immediately, Edward J. Tostanoski III will no longer serve as a portfolio manager for the Portfolios. Raymond Chan, Managing Director, and Christopher Lvoff, Managing Director, will continue to serve as portfolio managers for the Portfolios.
Accordingly, all references to Mr. Tostanoski in the Prospectuses, Summary Prospectuses and SAI will be deleted in their entirety.
This Supplement should be retained with your Prospectuses, Summary Prospectuses and SAI for future reference.
FFCONFIDSTK 06-18