Goldman Sachs ActiveBeta World Equity ETF

The Goldman Sachs ActiveBeta World Equity ETF is an exchange-traded fund designed to deliver investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta World Equity Index. This index targets large- and mid-capitalization equity securities from developed market issuers across countries including the United States, Australia, Japan, Germany, France, the United Kingdom, Canada, and others. It employs the patented ActiveBeta Portfolio Construction Methodology, which integrates three key factors—value (assessed via book value-to-price, sales-to-price, and free cash flow-to-price), momentum (share price trends), and quality (profitability)—by creating equally weighted factor subindexes from the Solactive GBS Developed Markets Large & Mid Cap Index and rebalancing quarterly. The ETF invests at least 80% of its assets in index securities, depositary receipts, or underlying stocks, potentially concentrating in sectors like technology and financial services as dictated by the index. With a unitary management fee of 15 basis points effective post-February 4, 2026, it provides a rules-based, passive approach to global equity exposure, emphasizing factor-driven characteristics for diversified developed market participation.