GSIFX Fees and Costs — Goldman Sachs International Equity ESG Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 1.16%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.16% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $644K in broker commissions, 0.0637% of average net assets, and portfolio turnover was 40%.
GSIFX Fees and Expenses
Annual operating expenses and sales charges of GSIFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.32% |
| Fee waiver | −0.16% |
| 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 |
GSIFX Costs Over Time
On $10,000 invested in GSIFX, assuming 5% a year before costs, total costs come to $1,422 over 5 years, cutting the return by 2.45% 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) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $27 | $105 | $218 |
| Total costs | $699 | $1,033 | $1,422 |
| Value after costs | $9,801 | $10,543 | $11,341 |
| Impact on return, per year | 6.99% | 3.22% | 2.45% |
GSIFX 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): 0.0637%
- Total broker commissions: $644K
- Bought from dealers (principal trades, not a cost): $9.0M
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $4.4M
- Net income from securities lending: $22K (0.002% of average net assets)
GSIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $141K | 24.32% |
| JEFFERIES LLC | $81K | 13.95% |
| BOFA SECURITIES, INC. | $79K | 13.66% |
| MORGAN STANLEY & CO. LLC | $65K | 11.15% |
| CITIGROUP GLOBAL MARKETS INC. | $56K | 9.61% |
| BARCLAYS CAPITAL, INC. | $45K | 7.73% |
| RBC CAPITAL MARKETS, LLC | $41K | 7.10% |
| J.P. MORGAN SECURITIES LLC | $38K | 6.64% |
| LIQUIDNET EUROPE LIMITED | $18K | 3.07% |
| MIZUHO INTERNATIONAL PLC | $16K | 2.77% |
GSIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STIFEL NICOLAUS EUROPE LIMITED | $9.0M | 100.00% |
Goldman Sachs International Equity ESG Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GSIWX | Class R6 | 0.81% | none |
| GTFPX | Class P | 0.81% | — |
| GSIEX | Institutional Class | 0.82% | none |
| GIRNX | Investor Shares | 0.91% | none |
| GSIFX | Class A | 1.16% | 5.50% |
| GSISX | Service Class | 1.32% | none |
| GSICX | 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.