What fees are associated with investing in Goldman Sachs mutual funds?

Investing in Goldman Sachs mutual funds may involve several types of fees. These fees can vary based on the specific fund and share class. Generally, investors can expect to encounter management fees, which are charged as a percentage of the fund's assets and cover the cost of managing the fund's investments. This fee typically provides compensation for the investment advisor's expertise and service, and it can impact overall fund performance. In addition to management fees, investors may also face distribution fees, sometimes known as 12b-1 fees. These fees are used to cover marketing and distribution expenses for the fund and can also be expressed as a percentage of the fund's average annual net assets. Furthermore, there may be additional operating expenses related to the fund's administration, accounting, and legal costs, which can also affect returns. It is important to note that some funds may charge sales loads, which are one-time fees that investors pay either when they purchase shares of the fund or when they sell them. These loads can vary depending on the share class and the specific purchase or redemption conditions. Investors should carefully review the fund's prospectus, which provides detailed information regarding all fees and expenses associated with the fund. The prospectus will outline the commitment required and ensure that investors are well informed before making investment decisions. For the most updated fees and information, it may be helpful to consult the current web page or resources related to Goldman Sachs mutual funds.