Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX)

The Goldman Sachs Financial Square Government Fund, managed by Goldman Sachs Asset Management, is a U.S. government money market fund that belongs to the broader Goldman Sachs Financial Square Funds series. Its primary objective is to maximize current income while diligently safeguarding capital and ensuring consistent liquidity. To achieve this, the fund exclusively invests in U.S. government securities, as defined by the Investment Company Act of 1940, and repurchase agreements that are fully collateralized by such government-backed instruments. Operating as a government money market fund under Rule 2a-7, it is mandated to hold at least 99.5% of its total assets in cash, U.S. government securities, and approved repurchase agreements. A key feature is its aim to maintain a stable net asset value of $1.00 per share. Notably, this fund is exempt from the liquidity fees and redemption gates that apply to certain other types of money market funds. Established in April 1993, the fund is denominated in U.S. dollars and primarily caters to institutional investors.