NEW YORK – (BUSINESS WIRE) – Dec. 3 2021–
Goldman Sachs Asset Management, investment advisor for Goldman Sachs MLP and Energy Renaissance Fund (GER) and the funds within Goldman Sachs ETF Trust (collectively, the “Funds”) announced the results of the extraordinary joint meeting of shareholders of Fund held today.
Election of Trustees
- The shareholders of the Funds within Goldman Sachs ETF Trust have elected five trustees (Cheryl K. Beebe, Lawrence Hughes, John F. Killian, Steven D. Krichmar and Linda A. Lang) to the board of directors of Goldman Sachs ETF Trust; and
- Shareholders of Goldman Sachs MLP and Energy Renaissance Fund have elected two Class I Trustees (Cheryl K. Beebe and Lawrence Hughes) and two Class III Trustees (John F. Killian and Steven D. Krichmar) to the Board of Directors Goldman Sachs MLP and Energy Renaissance Fonds.
For more information, please visit the Funds website at www.gsamfunds.com.
About Goldman Sachs Asset Management, LP
Bringing together traditional and alternative investments, Goldman Sachs Asset Management offers its clients around the world a dedicated partnership focused on long-term performance. As the primary investment area within Goldman Sachs (NYSE: GS), we provide investment and advisory services to the world’s leading institutions, financial advisors and individuals, leveraging our deeply connected global network and expert knowledge tailored to each region and market – overseeing over $ 2,000 billion in assets under surveillance worldwide as of September 30, 2021 1. Driven by a passion for our clients’ performance , we seek to build long-term relationships based on conviction, lasting results and shared success over time. Follow us on LinkedIn.
Funds within Goldman Sachs ETF Trust
Shares in the Fund are not individually redeemable and are issued and redeemed by a Fund at their net asset value (“NAV”) only in large specified blocks of shares called creation units. Also, shares can only be bought and sold through trade at market price (not at net asset value). Shares may be traded at a premium or at a discount to their net asset value in the secondary market. Brokerage commissions will reduce returns.
Goldman Sachs & Co. LLC, FINRA member
Goldman Sachs MLP and Energy Renaissance Fund
The shares of closed-end investment companies frequently trade at a discount to their net asset value (“NAV”), which can increase investors’ risk of loss. At the time of sale, an investor’s shares may have a market price above or below the NAV and may be worth more or less than the original investment. There can be no assurance that the Fund will achieve its investment objective. Past performance is no guarantee of future results. Investments in MLP securities involve risks that differ from investments in common stocks, including, but not limited to, risks relating to limited control and voting rights on matters affecting MLPs, risks of conflicts potential interests, cash flow risks, dilution risks and business risks.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. The Fund has completed its initial public offering. Investors should consider their investment objectives, time horizons and tolerance for risk before investing in the Fund. An investment in the Fund is not suitable for all investors, and the Fund is not intended to be a complete investment program. Investors should carefully consider and consider the investment objective, risks, charges and expenses of the Fund before investing.
1 Assets Under Watch (AUS) include assets under management and other client assets over which Goldman Sachs does not have full discretion. AUS figure as of September 30, 2021.
For more information, please visit the Funds website at
© 2021 Goldman Sachs. All rights reserved.
Compliance code: 262219.OTU
Date of first use: 03/12/2021
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211203005593/en/
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KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: FINANCING OF PROFESSIONAL BANKING SERVICES
SOURCE: Goldman Sachs Asset Management
Copyright Business Wire 2021.
PUB: 12/03/2021 5:30 PM / DISC: 12/03/2021 5:32 PM
Copyright Business Wire 2021.