GERUX Fees and Costs — Goldman Sachs Emerging Markets Equity Insights Fund, Class R6
Data updated: 2026-09-24
The net expense ratio is 0.96%: a 0.99% management fee plus 0.12% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.9M in broker commissions, 0.1252% of average net assets, and portfolio turnover was 158%.
GERUX Fees and Expenses
Annual operating expenses and sales charges of GERUX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.96% |
| 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 |
GERUX Costs Over Time
On $10,000 invested in GERUX, assuming 5% a year before costs, total costs come to $678 over 5 years, cutting the return by 1.14% 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 0.96%) | $101 | $314 | $544 |
| Trading costs (broker commissions) | $13 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $373 | $678 |
| Value after costs | $10,386 | $11,203 | $12,085 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
GERUX 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): 0.1252%
- Total broker commissions: $2.9M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 158%
- Securities on loan, average value: $11.6M
- Net income from securities lending: $344K (0.015% of average net assets)
GERUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $687K | 26.53% |
| BOFA SECURITIES, INC. | $478K | 18.45% |
| CITIGROUP GLOBAL MARKETS INC. | $338K | 13.04% |
| MORGAN STANLEY & CO. LLC | $313K | 12.07% |
| BOFA SECURITIES INDIA LIMITED | $257K | 9.92% |
| HSBC BANK PLC | $211K | 8.16% |
| Daiwa Capital Markets Hong Kong Limited | $96K | 3.69% |
| JEFFERIES LLC | $85K | 3.27% |
| J.P. MORGAN SECURITIES LLC | $64K | 2.48% |
| CITIGROUP GLOBAL MARKETS LIMITED | $62K | 2.38% |
Goldman Sachs Emerging Markets 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 |
|---|---|---|---|
| GAGPX | Class P | 0.96% | — |
| GERUX | Class R6 | 0.96% | none |
| GERIX | Institutional Class | 0.97% | none |
| GIRPX | Investor Shares | 1.08% | none |
| GERAX | Class A | 1.33% | 5.50% |
| GRRPX | Class R | 1.58% | none |
| GERCX | Class C | 2.08% | 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.