Goldman Sachs International Equity Insights Fund

Shareclass
Goldman Sachs Intl Eq Insghts A (GCIAX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
14.32%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
38
holdings flagged
14%
of assets flagged
This fund contains
 $325.62 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
5 holdings
0.99% of assets
$22.71 MILLION invested
banks
Banks and lenders
16 holdings
5.73% of assets
$130.94 MILLION invested
consumers
Major consumer brands
20 holdings
8.22% of assets
$187.98 MILLION invested
Commodity producers
Commodity producers
5 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
5 HOLDINGS
  • % of portfolio
    $ invested
  • 1. WH Group Ltd Shs Unitary 144A/Reg S
    Cattle producer
    0.47%0.47% of portfolio
    $10.69M$10.69M invested
    Cattle producer
  • 2. Associated British Foods PLC
    Soy producerPalm oil producer
    0.17%0.17% of portfolio
    $3.85M$3.85M invested
    Soy producerPalm oil producer
  • 3. Sumitomo Rubber Industries Ltd
    Rubber producer
    0.16%0.16% of portfolio
    $3.58M$3.58M invested
    Rubber producer
  • 4. Glencore PLC
    Soy producerPalm oil producer
    0.14%0.14% of portfolio
    $3.12M$3.12M invested
    Soy producerPalm oil producer
  • 5. Sumitomo Forestry Co Ltd
    Timber producer
    0.06%0.06% of portfolio
    $1.45M$1.45M invested
    Timber producer
Banks and lenders
Banks and lenders
16 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
16 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC
    0.7%0.7% of portfolio
    $16.12M$16.12M invested
  • 2. Commonwealth Bank of Australia
    0.68%0.68% of portfolio
    $15.74M$15.74M invested
  • 3. NatWest Group PLC
    0.65%0.65% of portfolio
    $14.98M$14.98M invested
  • 4. National Australia Bank Ltd
    0.65%0.65% of portfolio
    $14.93M$14.93M invested
  • 5. ING Groep NV
    0.54%0.54% of portfolio
    $12.47M$12.47M invested
View next 5
Major consumer brands
Major consumer brands
20 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
20 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    2.18%2.18% of portfolio
    $50.13M$50.13M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Danone SA
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.87%0.87% of portfolio
    $20.09M$20.09M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    0.7%0.7% of portfolio
    $16.15M$16.15M invested
    Soy major consumer brandPalm oil major consumer brand
  • 4. RELX PLC
    Paper/pulp major consumer brand
    0.67%0.67% of portfolio
    $15.49M$15.49M invested
    Paper/pulp major consumer brand
  • 5. Tesco PLC
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.62%0.62% of portfolio
    $14.34M$14.34M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Apr 2025





Financial performance
Performance data provided byMorningstarFind more financial data on GCIAX at Morningstar.com
Current fund
GCIAX
Goldman Sachs International Equity Insights Fund
Family
Goldman Sachs
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.38% more in annualized returns
Less invested in commodity producers 
0.19% less invested
Less invested in banks and lenders 
0.12% less invested
More invested in major consumer brands 
1.33% more invested
Current fund
GCIAX
Goldman Sachs International Equity Insights Fund
Family
Goldman Sachs
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.38% more in annualized returns
Less invested in commodity producers 
0.19% less invested
Less invested in banks and lenders 
0.12% less invested
More invested in major consumer brands 
1.33% more invested
Current fund
GCIAX
Goldman Sachs International Equity Insights Fund
Family
Goldman Sachs
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.38% more in annualized returns
Less invested in commodity producers 
0.19% less invested
Less invested in banks and lenders 
0.12% less invested
More invested in major consumer brands 
1.33% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
GCIAX - Goldman Sachs International Equity Insights Fund
21%
18%
12%
7.41%
0.99% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
18%
14%
10%
6.04%
1.18% 
Fund compared to benchmark
 
2.54%
4.29%
2.39%
1.38%
0.19%  lower
Find more financial data on GCIAX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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