GPRF
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF
📎 Investment Objective
The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive U.S. Preferred Stock and Hybrid Securities Index.
Overview
ETF tracking Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive U.S. Preferred Stock and Hybrid Securities Index.
🎯 Investment Strategy
The ETF invests primarily in U.S. preferred stocks and hybrid securities, seeking to track the performance of the underlying index. The fund uses a representative sampling strategy to invest in a portfolio of securities that collectively has an investment profile similar to the index.
✨ Key Features
- Provides exposure to a diversified portfolio of U.S. preferred stocks and hybrid securities
- Seeks to track the performance of the Solactive U.S. Preferred Stock and Hybrid Securities Index
- Employs a representative sampling strategy to replicate the index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's investments may decline due to general market conditions or other factors
- Interest rate risk: Preferred stocks and hybrid securities are sensitive to changes in interest rates, which can negatively impact their prices
- Credit risk: The financial strength of the issuers of the preferred stocks and hybrid securities held by the ETF may deteriorate, leading to potential defaults
- Liquidity risk: The ETF may have difficulty selling certain securities at an advantageous time or price
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. preferred stock and hybrid securities market as part of a diversified portfolio. It may be particularly appealing to investors looking for a low-cost, passively managed investment option in this asset class.
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