Industry description
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Goldman SachsCommunity Municipal Index (the “Index”).
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of the municipal securities market with remaining maturities between one and fifteen years with screens that take into account certain social or environmental factors.