Goldman Sachs Asset Management ISIN LU1086912554

Goldman Sachs Central Europe Equity

Goldman Sachs Central Europe Equity is an active equity fund from Goldman Sachs Asset Management, ISIN LU1086912554.

  • Active
  • Equity
  • Eastern Europe
  • Fund size (GBP) £312.3M

The Fund is classified as a financial product under Article 8 of the EU Sustainable Finance Disclosure Regulation. The Fund promotes environmental or social characteristics but does not have a sustainable investment objective. The Fund integrates ESG factors and risk in the investment process alongside traditional factors. Detailed information on the sustainability related disclosures of the Fund can be found in the Template Pre-contractual disclosure (annex of the prospectus) on https://am.gs.com/en-int/advisors/funds. The objective of the fund is to realize long-term capital growth by investing mainly in a diversified portfolio of equities listed and traded on regulated Central European exchanges. The fund invests on stock exchanges in Poland, Czech Republic, Hungary and Romania and to a lesser degree in Austria, Greece, Slovakia, Bulgaria, Lithuania, Latvia, Estonia, Croatia and Slovenia. The fund uses active management to target the most promising companies in the Central European markets, with stock and country deviation limits monitored relative to the benchmark. Measured over a period of several years we aim to beat the performance of the benchmark 45% Warsaw (WIG30) TR, 35% Prague (PX) TR, 10% Budapest (BUX) TR and 10% Bucharest (BET) TR. The benchmark is a broad representation of our investment universe. The fund may also include investments into securities that are not part of the benchmark universe. Investors should be aware that the benchmark’s investment universe is concentrated and, as a result, the fund is concentrated. This will typically result in a comparable composition and return profile of the Fund and its benchmark. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.

How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+34.6% Q1
1 year return
+146.4% Q1
3 year return
+155.0% Q1
5 year return
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
  • 1 month −1.3%
  • 3 months +6.4%
  • Volatility, 3 years 15.4%
  • Ongoing charge (OCF)
  • Fund size (GBP) £312.3M

What the fund holds

Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 4 Oct 2026. Swipe or use the arrows for more panels.

By sector

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 4 Oct 2026.

Largest sector: Industrials. 10 sectors reported.

See all sectorsA free account shows the full list.

By country

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 4 Oct 2026.

Largest country: Poland. 9 countries reported.

See all countriesA free account shows the full list.

By asset class

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 4 Oct 2026.

Largest asset class: Polish Equities. 9 asset classes reported.

See all asset classesA free account shows the full list.

Largest holdings

The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 4 Oct 2026.

The 10 largest holdings are reported by FE.

See all holdingsA free account shows the full list.

Macro events and this fund

Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.

Performance, risk and facts

Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.

Against its benchmark

How the fund compares with its benchmark over the same period.

Risk

How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years15.4%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)2.60
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−11.8%
Alpha, 3 years (FE)
8.14
Beta, 3 years (FE)
1.02

Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.

Sharpe, alpha, beta: FE fundinfo, as at 4 Jul 2026.

Fund facts

Legal and cost facts for a client note. As reported by the manager.
ISIN
LU1086912554
Management company
Goldman Sachs Asset Management B.V.
Depositary
Brown Brothers Harriman (Luxembourg) S.C.A.
Benchmark
35% Prague (PX) (TR), 45% Warsaw (WIG30) (TR), 10% Budapest (BUX) (TR), 10% Bucharest (BET)(TR)
Ongoing charge
Share class launch date
5 Jan 2015
Domicile
LU
Fund type
open-ended fund
SRRI
6 of 7

What a sum would have become

What an amount would have grown to over the period.
n/a

Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.