0001193125-20-247958.txt : 20200917 0001193125-20-247958.hdr.sgml : 20200917 20200917144401 ACCESSION NUMBER: 0001193125-20-247958 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200917 DATE AS OF CHANGE: 20200917 EFFECTIVENESS DATE: 20200917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS TRUST CENTRAL INDEX KEY: 0000822977 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17619 FILM NUMBER: 201180936 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 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 C000201804 Class P Shares GSPPX 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 C000201805 Class P Shares GACPX 0000822977 S000009335 Goldman Sachs Emerging Markets Equity Fund C000025571 Institutional GEMIX C000025572 Service GEMSX C000025573 Class A GEMAX C000025575 Class C GEMCX C000091958 Investor Shares GIRMX C000161505 Class R6 Shares GEMUX C000201742 Class P Shares GAHPX 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 C000196989 Class R6 Shares GTORX C000200235 Class P Shares GSJPX 0000822977 S000018301 Goldman Sachs Emerging Markets Equity Insights Fund C000050452 Institutional GERIX C000050453 Class A GERAX C000050454 Class C GERCX C000091962 Investor Shares GIRPX C000141554 Class R Shares GRRPX C000161507 Class R6 Shares GERUX C000201748 Class P Shares GAGPX 0000822977 S000031300 Goldman Sachs Imprint Emerging Markets Opportunities Fund C000097022 CLASS A SHARES GSYAX C000097023 CLASS C SHARES GSYCX C000097024 INSTITUTIONAL SHARES GSYIX C000097025 Investor Shares GSYRX C000198940 Class R6 Shares GSYFX C000201749 Class P Shares GMKPX 0000822977 S000057205 Goldman Sachs ESG Emerging Markets Equity Fund C000182038 Class A Shares GEBAX C000182039 Class C Shares GEBCX C000182040 Institutional Shares GEBIX C000182041 Investor Shares GEBNX C000182042 Class R Shares GEBRX C000182043 Class R6 Shares GEBSX C000203335 Class P Shares GEPPX 497 1 d90903d497.htm GOLDMAN SACHS TRUST Goldman Sachs Trust

GOLDMAN SACHS TRUST

Class A, Class C, Institutional, Investor, Service, Class P, Class R and Class R6 Shares (as applicable) of the

Goldman Sachs Concentrated Growth Fund

Goldman Sachs Emerging Markets Equity Insights Fund

Goldman Sachs Emerging Markets Equity Fund

Goldman Sachs ESG Emerging Markets Equity Fund

Goldman Sachs Imprint Emerging Markets Opportunities Fund

Goldman Sachs Technology Opportunities Fund

Goldman Sachs Strategic Growth Fund

(the “Funds”)

Supplement dated September 17, 2020 to the

Prospectuses, Summary Prospectuses and Statements of Additional Information (“SAI”), dated December 27, 2019 and February 28, 2020, respectively, as supplemented to date

At a meeting held on September 16, 2020, the Board of Trustees of the Goldman Sachs Trust (the “Board”) approved a change to each respective Fund’s sub-classification under the Investment Company Act of 1940 from “diversified” to “non-diversified” and the elimination of any related fundamental investment restrictions.

These changes are subject to approval by the respective shareholders of each Fund at a meeting to be held on or about January 8, 2020 (the “Meeting”). Changing each Fund’s status to “non-diversified” would provide Goldman Sachs Asset Management, L.P., the Funds’ investment adviser, with enhanced flexibility to invest a greater portion of each Fund’s assets in one or more issuers. Given the weightings of the largest holdings in the Funds’ respective benchmarks and the appreciation of the Funds’ largest holdings, the portfolio managers of each Fund believe that it is important to have this additional flexibility, and that they will be better able to execute each Fund’s investment strategy and other policies with this additional flexibility. If approved by shareholders at the Meeting for any Fund, that Fund, as a non-diversified 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.

Prior to the Meeting, shareholders of the Funds entitled to vote at the Meeting will receive a proxy statement that will contain additional information about the Funds’ diversification status and fundamental restrictions.

This supplement should be retained with your Prospectuses, Summary Prospectuses and SAIs for future reference.

 

GSTFDEQTYFDSTK 09-20