GISTX Fees and Costs — Goldman Sachs Technology Opportunities Fund, Investor Shares
Data updated: 2026-01-27
The net expense ratio is 0.92%: a 0.94% management fee plus 0.20% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $224K in broker commissions, 0.0264% of average net assets, and portfolio turnover was 37%.
GISTX Fees and Expenses
Annual operating expenses and sales charges of GISTX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.92% |
| 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 |
GISTX Costs Over Time
On $10,000 invested in GISTX, assuming 5% a year before costs, total costs come to $593 over 5 years, cutting the return by 0.99% 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 0.92%) | $97 | $302 | $523 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $326 | $593 |
| Value after costs | $10,401 | $11,251 | $12,170 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
GISTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0264%
- Total broker commissions: $224K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities lending: none during the year
GISTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $58K | 29.17% |
| J.P. MORGAN SECURITIES LLC | $42K | 20.93% |
| BOFA SECURITIES, INC. | $25K | 12.40% |
| CITIGROUP GLOBAL MARKETS INC. | $22K | 11.17% |
| JEFFERIES LLC | $13K | 6.63% |
| UBS Securities LLC | $13K | 6.35% |
| EVERCORE GROUP L.L.C. | $8K | 4.18% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $7K | 3.47% |
| BARCLAYS CAPITAL, INC. | $6K | 3.13% |
| LIQUIDNET, INC. | $5K | 2.58% |
Goldman Sachs Technology Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GSJPX | Class P | 0.88% | — |
| GTORX | Class R6 | 0.88% | none |
| GITIX | Institutional Class | 0.89% | none |
| GISTX | Investor Shares | 0.92% | none |
| GITAX | Class A | 1.17% | 5.50% |
| GITSX | Service Class | 1.39% | none |
| GITCX | Class C | 1.92% | 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.