Goldman Sachs Global Govies UCITS ETF

Issuer: Goldman Sachs

Asset Class: Fixed Income

TER: 20bps

Trading Currency: USD

Pays Income: False

Listing Date: 08 Dec 2025

Ticker: GOVT

ISIN: IE000JQ3ELQ8

This actively managed fund seeks to provide total return by investing primarily in a diversified portfolio of fixed and floating-rate government bonds from around the world. The investment process is driven by the manager's fundamental research and aims to outperform the broader global government bond market. This approach allows the portfolio managers the flexibility to navigate different market cycles and capitalize on opportunities that may not be available in a purely passive strategy, seeking to generate alpha through strategic country and security selection.

The strategy combines a top-down macroeconomic view with bottom-up security selection. The managers analyze global economic trends, central bank policies, and political developments to determine country allocations. They then focus on individual bond selection based on factors like yield, duration, and credit quality. The portfolio can include securities from both developed and emerging markets, offering broad geographic and credit diversification. Derivatives may be utilized for efficient portfolio management, including hedging against adverse interest rate or currency movements.

This instrument is designed for investors seeking a core fixed-income holding that goes beyond simple index tracking. It offers the potential for enhanced returns and risk management through the expertise of an active management team. By dynamically adjusting its exposure to different countries and maturities, the fund aims to deliver a compelling risk-adjusted return stream, making it a suitable component for diversifying a portfolio and seeking consistent income and capital growth from the global sovereign debt market.