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›ETF Providers›Goldman Sachs›GAEM

GAEM

IE000GZD8ME7

Active ETF Fixed Income ESG Theme: Green Projects

GAEM ETF · Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF

The GAEM Exchange Traded Fund (ETF) is provided by Goldman Sachs. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Share class

Dist

EUR

Hedged

Real-time data unavailable for GAEM

LIVE

CLOSED

This fund is part ofClimate Aware Bonds1M perf.-3.86%

Last price

N/A

1M perf.

-0.84%

1M flows

N/A

AuM

€25M

E/R

0.55%

Rating

Not rated

ESG Consensus®

GAEM

N/A

Performance & flows

Segment for quartile rank

December 12, 2025 → March 12, 2026

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GAEM

€50.38

0.00%

Climate Aware Bonds

-1.62%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-0.84%	0.00%	N/A	N/A	N/A	-1.32%	-0.22%	-0.22%
Flows

Key fund info

Segment for quartile rank

Main characteristics

Issuer

Goldman Sachs

ISIN

IE000GZD8ME7

AuM

€25M

E/R

0.55%

ESG Consensus®

More details

NAV

3/12/2026

€50.40

1D NAV change

-0.22%

Dividend policy

Distributing

No. of holdings

Inception date

6/16/2025

Jurisdiction

Ireland

Distribution

France

Finland

United Kingdom

Greece

Ireland

Legal structure

Irish Collective Asset-management Vehicle

Base currency

EUR

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

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Classification

Product type

Active ETF

Asset class

Fixed Income

Factors

N/A

Share class info

EUR distributing hedged

Total AuM of fund

€26M

Decimalisation of shares

Investment strategy

The Sub-Fund seeks total returns consisting of income and capital appreciation by actively investing primarily in fixed income securities of emerging markets government, government-related and corporate issuers where issuers intend to make use of proceeds for green and/or social contributions.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

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Custom data feature

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Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Risk profile

Segment for quartile rank

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	0.00%	N/A	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Exposure

Countries

Chile

20.20%

Indonesia

8.50%

Hungary

8.10%

United Arab Emirates

8.10%

Serbia

8.00%

Republic of Korea

7.70%

Mexico

7.40%

Romania

7.10%

Unavailable

6.30%

Other

18.60%

Sectors

Sovereign

50.70%

Banks

21.70%

Power

11.70%

Transportation support activities

8.10%

Unavailable

7.80%

Diversification

Total weight of top 15 holdings out of 23

Top 15 holdings

Data as of January 31, 2026

DP World, 4.848% 26sep2028, USD

Serbia, 6% 12jun2034, USD

Shinhan Bank, 4.375% 13apr2032, USD (80)

Mexico, 6.338% 4may2053, USD

Chile, 2.55% 27jan2032, USD

Chile, 2.55% 27jul2033, USD

Interchile, 4.5% 30jun2056, USD

JSW Hydro Energy, 4.125% 18may2031, USD

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Uzbekistan, 5.1% 25feb2029, EUR

Banca Transilvania, 5.125% 30sep2030, EUR

OTP Bank (Hun), 4.75% 12jun2028, EUR

Indonesia, 3.65% 10sep2032, EUR

Ceska Sporitelna, 0.5% 13sep2028, EUR

Indonesia, 1.3% 23mar2034, EUR

Romania, 5.625% 22feb2036, EUR

Create a free account to view top holdings

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria

Yes

SDG

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Issuer

Goldman Sachs

Goldman Sachs ID Card

Number of funds

Total AuM

€51.36B

Expense ratio range

0.07% - 1.25%

Average expense ratio

0.3105%

View all Goldman Sachs funds

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Frequently asked questions about GAEM

What does Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF, GAEM, invest in?

GAEM is a Active ETF. This ETF provides exposure to Emerging markets Mixed Ratings Aggregate Bonds.

What is the Total Expense ratio (TER) of GAEM?

GAEM carries a total expense ratio (TER) of 0.55%, indicating the annual cost for holding the fund.

When was GAEM launched?

GAEM was introduced to the market on June 16, 2025. It trades on France, among other exchanges

Who is the ETF issuer of GAEM?

Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF, GAEM, is provided by Goldman Sachs. Learn more about Goldman Sachs here.

Does GAEM have multiple share classes?

Yes, GAEM is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of GAEM?

GAEM oversees €25M in assets as of March 12, 2026.

How has GAEM performed lately?

Based on data from March 12, 2026, GAEM returned -0.84% over the past month, 0.00% over the last three months and -0.22% year-to-date.

What are the latest inflows or outflows for GAEM?

As of March 12, 2026, GAEM recorded net flows of -€36K year-to-date.

Does GAEM distribute dividends?

GAEM follows a distributing dividend policy, meaning it pays out income to investors.

What are the main country or region exposures of GAEM?

As of January 31, 2026, GAEM has significant geographic allocations in Chile, Indonesia and Hungary.

In which sector or theme does GAEM invest in?

As of January 31, 2026, GAEM focuses largely on Sovereign, Banks and Power.

How many securities does GAEM hold and how diversified is it?

As of January 31, 2026, GAEM holds 23 positions in its portfolio, with 86.30% of assets concentrated in its top 15 holdings.

What are the main positions in GAEM?

As of January 31, 2026, GAEM top three holdings include DP World, 4.848% 26sep2028, USD, Serbia, 6% 12jun2034, USD and Shinhan Bank, 4.375% 13apr2032, USD (80).

What is the base currency of GAEM?

The base currency of GAEM is EUR.

Is GAEM currency-hedged?

GAEM is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

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GAEM ETF · Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about GAEM

What does Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF, GAEM, invest in?

GAEM is a Active ETF. This ETF provides exposure to Emerging markets Mixed Ratings Aggregate Bonds.

What is the Total Expense ratio (TER) of GAEM?

GAEM carries a total expense ratio (TER) of 0.55%, indicating the annual cost for holding the fund.

When was GAEM launched?

GAEM was introduced to the market on June 16, 2025. It trades on France, among other exchanges

Who is the ETF issuer of GAEM?

Goldman Sachs Emerging Markets Green & Social Bond Active UCITS ETF, GAEM, is provided by Goldman Sachs. Learn more about Goldman Sachs here.

Does GAEM have multiple share classes?

Yes, GAEM is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes here.

What is the current assets under management (AUM) of GAEM?

GAEM oversees €25M in assets as of March 12, 2026.

How has GAEM performed lately?

Based on data from March 12, 2026, GAEM returned -0.84% over the past month, 0.00% over the last three months and -0.22% year-to-date.

What are the latest inflows or outflows for GAEM?

As of March 12, 2026, GAEM recorded net flows of -€36K year-to-date.

Does GAEM distribute dividends?

GAEM follows a distributing dividend policy, meaning it pays out income to investors.

What are the main country or region exposures of GAEM?

As of January 31, 2026, GAEM has significant geographic allocations in Chile, Indonesia and Hungary.

In which sector or theme does GAEM invest in?

As of January 31, 2026, GAEM focuses largely on Sovereign, Banks and Power.

How many securities does GAEM hold and how diversified is it?

As of January 31, 2026, GAEM holds 23 positions in its portfolio, with 86.30% of assets concentrated in its top 15 holdings.

What are the main positions in GAEM?

As of January 31, 2026, GAEM top three holdings include DP World, 4.848% 26sep2028, USD, Serbia, 6% 12jun2034, USD and Shinhan Bank, 4.375% 13apr2032, USD (80).

What is the base currency of GAEM?

The base currency of GAEM is EUR.

Is GAEM currency-hedged?

GAEM is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

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Yes, GAEM is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .