GOLDMAN SACHS TRUST
Goldman Sachs Alternative Funds
Class A, Class C, Institutional, Investor, Class P, Class R, and Class R6 of the
Goldman Sachs Absolute Return Tracker Fund
Goldman Sachs Managed Futures Strategy Fund
(the Funds)
Supplement dated September 22, 2022 to the
Prospectuses, Summary Prospectuses and Statement of Additional Information (SAI), each dated April 29, 2022, as supplemented to date
Effective immediately, James Park no longer serves as a portfolio manager for the Funds. Oliver Bunn will continue to serve as a portfolio manager for the Goldman Sachs Absolute Return Tracker Fund, and Momoko Ono will continue to serve as a portfolio manager for the Goldman Sachs Managed Futures Strategy Fund.
Additionally, effective immediately, Oliver Bunn and Jay Seo will begin serving as portfolio managers for the Goldman Sachs Managed Futures Strategy Fund.
Accordingly, effective immediately, the Funds disclosures are modified as follows:
All references to Mr. Park in his capacity as a portfolio manager to the Funds in the Prospectuses, Summary Prospectuses and SAI are deleted in their entirety.
The following replaces in its entirety the Portfolio Managers subsection of the Goldman Sachs Alternative FundsGoldman Sachs Managed Futures Strategy FundSummaryPortfolio Management section of the Prospectuses and the Portfolio Managers subsection of the Portfolio Management section of the Summary Prospectuses:
Portfolio Managers: Oliver Bunn, Vice President, has managed the Fund since 2022; Momoko Ono, Vice President, has managed the Fund since 2017; and Jay Seo, Vice President, has managed the Fund since 2022.
The following rows are added to the table under the Quantitative Investment Strategies (QIS) Team subsection of the Service ProvidersFund Managers section of the Prospectuses:
Name and Title | Portfolio Responsibility | Years Primarily Responsible |
Five Year Employment History | |||
Oliver Bunn Vice President |
Portfolio Manager Absolute Return Tracker Managed Futures Strategy |
Since 2017 2022 |
Mr. Bunn is head of the Quantitative Investment Strategies (QIS) Alternatives team within GSAM. He joined Goldman Sachs in 2014. | |||
Jay Seo Vice President |
Portfolio Manager Managed Futures Strategy |
Since 2022 |
Ms. Seo is a portfolio manager on the Quantitative Investment Strategies (QIS) Alternatives team within GSAM. She first joined GSAM in 2008 and, prior to rejoining GSAM in 2020, she worked at Cubist Systematic Strategies and Quantport from 2016-2020. | |||
This Supplement should be retained with your Prospectuses, Summary Prospectuses and SAI for future reference.
SELSAT13OPSTK 09-22