Financial Square Money Market Funds Institutional Shares SM

Transcription

Financial Square Money Market Funds Institutional Shares SM
GLOBAL LIQUIDITY MANAGEMENT SOLUTIONS
Financial SquareSM Money Market Funds
Institutional Shares
TAX-FREE
GOVERNMENT
CORPORATE
Goldman Sachs
Financial SquareSM
Money Market Funds
10.31.14
Fund
Number
Share Class
Payment to
Intermediary (bps)
Expense Ratio
(net/gross)**
Total Fund
Net Assets
($MM)
Ratings*
Cusip
NASDAQ
Ticker
Foreign & domestic corporate & bank
obligations; repo
AAAm/Aaa-mf
38141W232
FSMXX
474
n/a
0.18/0.23
30,538.3
Purchases: 5:00 PM
Redemptions: 5:00 PM
Goldman Sachs
Financial Square
Prime Obligations Fund1
Domestic corporate and bank obligations; repo
AAAm/Aaa-mf/
AAAmmf
38141W364
FPOXX
462
n/a
0.18/0.23
13,795.3
Purchases: 5:00 PM
Redemptions: 5:00 PM
Goldman Sachs
Financial Square
Government Fund1
U.S. Treasury and government agency
obligations; repo
AAAm/Aaa-mf
38141W273
FGTXX
465
n/a
0.18/0.23
28,166.2
Purchases: 5:00 PM
Redemptions: 5:00 PM
Goldman Sachs
Financial Square
Treasury Obligations Fund2
U.S. Treasury securities; repo
AAAm/Aaa-mf
38141W323
FTOXX
468
n/a
0.20/0.23
18,604.0
Purchases: 5:00 PM
Redemptions: 5:00 PM
Goldman Sachs
Financial Square
Federal Fund2
U.S. Treasury and government agency
obligations
AAAm/Aaa-mf
38142B880
FEDXX
520
n/a
0.20/0.23
10,629.8
Purchases: 3:00 PM
Redemptions: 3:00 PM
Goldman Sachs
Financial Square
Treasury Instruments Fund2
U.S. Treasury securities
AAAm/Aaa-mf
38142B500
FTIXX
506
n/a
0.20/0.23
34,985.6
Purchases: 3:00 PM
Redemptions: 3:00 PM
Goldman Sachs
Financial Square
Tax-Free Money Market
Fund1,3,4
Municipal securities
Aaa-mf
38141W182
FTXXX
477
n/a
0.18/0.23
5,690.7
Purchases: 2:00 PM
Redemptions: 1:00 PM
Goldman Sachs Financial
Square Tax-Exempt
California Fund3,4
Municipal securities
n/a
38142B633
ITCXX
418
n/a
0.41/0.41
252.5
Purchases: 1:00 PM
Redemptions: 12:00 PM
Goldman Sachs Financial
Square Tax-Exempt
New York Fund3,4
Municipal securities
n/a
38142B567
ILNXX
424
n/a
0.42/0.42
121.0
Purchases: 1:00 PM
Redemptions: 12:00 PM
Goldman Sachs
Financial Square
Money Market Fund1
Key Investments
Cut-Off Times (E.S.T.)
* Ratings assigned by Standard & Poor’s Ratings Group and Moody’s Investors Service, Inc., respectively; in the case of Financial Square Prime Obligations Fund, additional rating assigned by Fitch Ratings. Standard & Poor’s
AAAm rating: “Fund has extremely strong capacity to meet financial commitments.” Moody’s Aaa-mf rating: “Money market funds rated Aaa-mf have very strong ability to meet the dual objectives of providing liquidity and preserving
capital.” Fitch AAAmmf rating: “denote extremely strong capacity to achieve money market fund’s investment objective of preserving principal and providing shareholder liquidity through limiting credit, market, and liquidity risk.”
Ratings are subject to change and do not imply the elimination of risk. For complete information on the methodology used by each rating agency, please visit the following websites:
S&P - http://www.standardandpoors.com/ratings/funds-mmf/en/us; Fitch - http://www.fitchratings.com/creditdesk/public/ratings_defintions/index.cfm?rd_file=m_funds; and
Moody’s - http://v3.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004.
** The expense ratios of the Fund, both current (net of any fee waivers or expense limitations) and before waivers (gross of any fee waivers or expense limitations) are as set
forth above. Pursuant to a contractual arrangement, the Fund's waivers and/or expense limitations will remain in place through at least December 29, 2014, and prior to such
date the investment adviser may not terminate the arrangements without the approval of the Fund's Board of Trustees.
Financial SquareSM Money Market Funds Institutional Shares
10.31.14
An investment in the Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Funds seeks to preserve the value of your
investment at $1.00 per share, it is possible to lose money by investing in the Funds.
A summary prospectus, if available, or a Prospectus for the Fund containing more information may be obtained from your authorized dealer or from Goldman, Sachs & Co. by calling (retail –
1-800-526-7384) (institutional – 1-800-621-2550). Please consider a fund’s objectives, risks, and charges and expenses, and read the summary prospectus, if available, and the Prospectus
carefully before investing. The summary prospectus, if available, and the Prospectus contains this and other information about the Fund.
The National Association of Insurance Commissioners (NAIC) is the organization of insurance regulators from the 50 states, the District of Columbia and the five U.S. territories. The NAIC provides a forum for the development of
uniform policy when uniformity is appropriate. The NAIC’s Securities Valuation Office (SVO), located in New York City, is responsible for the day-to-day credit quality assessment and valuation of securities owned by state regulated
insurance companies. Insurance companies report ownership of securities to the SVO when such securities are eligible for filing on Schedule D or DA of the NAIC Financial Statement Blank. The SVO conducts credit analysis on
these securities for the purpose of assigning an NAIC designation and/or unit price. These designations and unit prices are produced solely for the benefit of NAIC members who may utilize them as part of the member’s monitoring of
the financial condition of its domiciliary insurers. Unlike the ratings of nationally recognized statistical rating organizations, NAIC designations are not produced to aid the investment decision making process and therefore are not
suitable for use by anyone other than NAIC members. Exempt funds do not require a capital reserve; Class 1 funds require insurance companies to set aside a risk-based capital charge when purchasing Class 1 funds. For complete
information on the methodology used by NAIC, please visit the following website: http://www.naic.org/svo.htm
1
The National Association of Insurance Commissioners (NAIC) designated the Goldman Sachs Financial Square Money Market, Prime Obligations, Government and Tax-Free Money Market Funds as Class 1 Funds. NAIC Class 1
designation subjects these Funds to capital reserve requirements as if they were NAIC-1 Bonds.
2
The National Association of Insurance Commissioners (NAIC) designated the Goldman Sachs Financial Square Treasury Obligations, Federal and Treasury Instruments Funds as U.S. Direct Obligations/Full Faith & Credit Exempt
and therefore allows these Funds to be exempt from NAIC capital reserve requirements.
3
By prospectus, the Funds may invest up to 20% of their net assets in private activity bonds, the interest from which is subject to the alternative minimum tax (AMT), although the Financial Square Tax-Free Money Market, Financial
Square Tax-Exempt California and Financial Square New York Funds do not intend to do so. Share/Unitholders will be notified if changes are made to this policy. If such policy should change, private activity bonds subject to AMT
would not exceed 20% of the Fund’s net assets under normal market conditions.
4
No more than 25% of the value of the Fund’s total assets may be invested in industrial development bonds or similar obligations where the non-governmental entities supplying the revenues from which such bonds or obligations
are to be paid are in the same industry.
Goldman, Sachs & Co., distributor of the Fund(s), is not a bank, and Fund shares distributed by Goldman, Sachs & Co. are neither deposits nor obligations of, nor endorsed, nor guaranteed by any bank or other insured depository
institution, nor are they insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other government agency. Investment in the Funds involves risks, including possible loss of the principal amount
invested.
Financial Square FundsSM is a service mark of Goldman, Sachs & Co.
© 2014 Goldman Sachs. All rights reserved. 121400.MF.MED.TMPL/2/2014 Date of First Use: Nov 13, 2014.