AST Goldman Sachs Global Growth Allocation Portfolio
Data updated: 2020-05-27
C000140443 — AST Goldman Sachs Global Growth Allocation Portfolio. Commodity · $38.20M AUM · 1.23% expense ratio. Holdings, fees, performance and SEC filings.
C000140443 Fund Overview
AST Goldman Sachs Global Growth Allocation Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advanced Series Trust
- Category: Commodity
- Assets under management: $38.20M
- SEC CIK: 0000814679
- SEC series ID: S000045120
- Share class ID: C000140443
C000140443 Investment Objective and Strategy
AST Goldman Sachs Global Growth Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advanced Series Trust.
Investment objective
The investment objective of the Portfolio is to seek total return made up of capital appreciation and income.
Principal investment strategy
The Portfolio employs a flexible, global asset allocation approach. Under normal circumstances, the Portfolio seeks to invest approximately 40% of its total assets in countries other than the United States (and typically invests no less than 25% of its total assets in such countries), however these amounts may vary based on the subadviser’s views on investment opportunities and market outlook. It seeks to meet its investment objective through exposure to traditional asset classes, such as equity and fixed income investments, as well as alternative asset classes, such as investments in real estate, commodities, unconstrained multi-sector fixed income and alternative strategies (e.g., quantitative trend following managed futures). In addition, the Portfolio has a strategic long-term overweight to international, emerging and growth markets (such as China, India, Brazil, Russia, South Korea, Mexico, Indonesia and Turkey).
Under normal circumstances, approximately 50-90% of the Portfolio’s assets are invested to provide exposure to equity securities, equity strategies, or other strategies seeking a similar return as determined by the Portfolio’s subadviser. In addition, approximately 10-40% of the Portfolio’s assets are invested to provide exposure to fixed income securities, fixed income strategies, or other asset classes and strategies that seek to mitigate risk, as determined by the Portfolio’s subadviser. These ranges relate to the Portfolio’s invested assets and do not include cash holdings. These exposures may be obtained through (i) investments in affiliated or unaffiliated investment companies (Underlying Portfolios), including exchange-traded funds (ETFs); (ii) the purchase of physical securities (such as common stocks and bonds); and (iii) the use of derivatives (such as futures contracts, currency forwards, equity index options and interest rate options).
Derivative instruments of the Portfolio and Underlying Portfolios and ETFs may include futures, foreign currency contracts, options, and swaps, such as total return swaps, credit default swaps and interest rate swaps. The specific allocation of assets among equity and fixed income asset classes will vary from time to time, as determined by the Portfolio’s subadviser and reflect short- to medium-term tactical views. Each asset class or strategy may be either actively managed or fulfilled with Underlying Portfolios and ETFs based on the current asset size of the Portfolio and based on the discretion of the Portfolio’s subadviser.
C000140443 Costs and Fees
C000140443 costs about $123 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.23%
- Gross expense ratio: 1.90%
- Portfolio turnover: 52%
- Brokerage commissions: 1.13 bps of average net assets (SEC N-CEN)
C000140443 Cashflows
Over the 12 months to 2020-03, AST Goldman Sachs Global Growth Allocation Portfolio had net inflows of $8.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | $713.27K |
| 2020-02 | $1.52M |
| 2020-01 | $993.22K |
| 2019-12 | $1.78M |
| 2019-11 | $639.99K |
| 2019-10 | $547.74K |
C000140443 Debt Constituents
No individual debt constituents are reported in AST Goldman Sachs Global Growth Allocation Portfolio's latest SEC N-PORT filing.
C000140443 Prospectus and SEC Filings
Official AST Goldman Sachs Global Growth Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-05-17
- Prospectus (485BPOS) — filed 2018-05-09
- Prospectus (485BPOS) — filed 2017-05-03
- Portfolio holdings (N-PORT) — filed 2020-05-27
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Portfolio holdings (N-PORT) — filed 2019-11-27
- Annual census (N-CEN) — filed 2020-03-12
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.