GEMOX Fees and Costs — Goldman Sachs Emerging Markets Equity Ex. China Fund, Investor Shares
Data updated: 2026-03-31
The net expense ratio is 1.11%: a 0.90% management fee plus 3.48% other expenses, less a 3.27% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0827% of average net assets.
GEMOX Fees and Expenses
Annual operating expenses and sales charges of GEMOX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.48% |
| Gross expense ratio | 4.38% |
| Fee waiver | −3.27% |
| Net expense ratio | 1.11% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
GEMOX Costs Over Time
On $10,000 invested in GEMOX, assuming 5% a year before costs, total costs come to $743 over 5 years, cutting the return by 1.25% 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 |
| Fund expenses (net expense ratio 1.11%) | $117 | $363 | $628 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $409 | $743 |
| Value after costs | $10,375 | $11,167 | $12,020 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
GEMOX 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): 0.0827%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $88K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
GEMOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $1K | 21.36% |
| BOFA SECURITIES, INC. | $1K | 19.41% |
| MORGAN STANLEY & CO. LLC | $888 | 12.68% |
| J.P. MORGAN SECURITIES (ASIA PACIFIC) LIMITED | $652 | 9.30% |
| J.P. MORGAN SECURITIES LLC | $650 | 9.28% |
| Instinet Pacific Limited | $544 | 7.77% |
| CITIGROUP GLOBAL MARKETS INDIA PRIVATE LIMITED | $463 | 6.61% |
| CITIGROUP GLOBAL MARKETS INC. | $418 | 5.96% |
| Morgan Stanley Taiwan Limited | $283 | 4.04% |
| CITIGROUP GLOBAL MARKETS TAIWAN SECURITIES COMPANY LIMITED | $251 | 3.59% |
GEMOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $54K | 61.29% |
| MORGAN STANLEY & CO. LLC | $20K | 22.22% |
| IIFL FINANCE LIMITED | $9K | 10.24% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED | $5K | 6.25% |
Goldman Sachs Emerging Markets Equity Ex. China Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GEMPX | Class P | 1.01% | 5.50% |
| GEMWX | Class R6 | 1.01% | none |
| GEMJX | Institutional Shares | 1.02% | none |
| GEMOX | Investor Shares | 1.11% | none |
| GEMHX | Class A | 1.36% | 5.50% |
| GEMQX | Class R | 1.61% | none |
| GEMLX | Class C | 2.11% | 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.