GCIAX Fees and Costs — Goldman Sachs International Equity Insights Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 1.16%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.19% other expenses, less a 0.03% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $1.9M in broker commissions, 0.0674% of average net assets, and portfolio turnover was 189%.
GCIAX Fees and Expenses
Annual operating expenses and sales charges of GCIAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.16% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GCIAX Costs Over Time
On $10,000 invested in GCIAX, assuming 5% a year before costs, total costs come to $1,424 over 5 years, cutting the return by 2.46% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.16%) | $115 | $358 | $620 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $27 | $105 | $218 |
| Total costs | $699 | $1,035 | $1,424 |
| Value after costs | $9,801 | $10,542 | $11,339 |
| Impact on return, per year | 6.99% | 3.23% | 2.46% |
GCIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0674%
- Total broker commissions: $1.9M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 189%
- Securities on loan, average value: $30.1M
- Net income from securities lending: $251K (0.009% of average net assets)
GCIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $440K | 23.34% |
| MORGAN STANLEY & CO. LLC | $337K | 17.85% |
| UBS Securities LLC | $308K | 16.34% |
| CITIGROUP GLOBAL MARKETS INC. | $278K | 14.75% |
| J.P. MORGAN SECURITIES LLC | $165K | 8.74% |
| BERNSTEIN AUTONOMOUS LLP | $134K | 7.10% |
| Nomura International PLC | $89K | 4.72% |
| DAIWA CAPITAL MARKETS EUROPE LIMITED | $84K | 4.43% |
| KEPLER CAPITAL MARKETS, INC. | $37K | 1.97% |
| BARCLAYS CAPITAL, INC. | $14K | 0.76% |
Goldman Sachs International Equity Insights Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GCIUX | Class R6 | 0.79% | none |
| GGFPX | Class P | 0.79% | none |
| GCIIX | Institutional Class | 0.80% | none |
| GCITX | Investor Shares | 0.91% | none |
| GCIAX | Class A | 1.16% | 5.50% |
| GCISX | Service Class | 1.30% | none |
| GCIRX | Class R | 1.41% | none |
| GCICX | Class C | 1.91% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.