Goldman Sachs introduces two new active bond ETFs, GBND and GIGL with low management fees.
From Yahoo Finance: 2025-06-26 18:30:00
Goldman Sachs Asset Management launched two new active bond exchange-traded funds, including the Goldman Sachs Core Bond ETF (GBND) and the Goldman Sachs Corporate Bond ETF (GIGL). GBND focuses on U.S. investment-grade fixed-income securities with a management fee of 0.25%, while GIGL focuses on investment-grade corporate bonds with a 0.29% management fee.
Investor demand for active strategies in fixed income led to the creation of GBND and GIGL, according to Brendan McCarthy, global head of ETF distribution at Goldman Sachs Asset Management. Clients seek the performance potential of active management within the transparent and convenient ETF wrapper.
Goldman Sachs Asset Management oversees 61 ETF strategies globally with over $40 billion in total assets. The launch of GBND and GIGL comes as investors show increased interest in actively managed ETFs, surpassing passive ETFs in the $11 trillion market, as reported by Bloomberg Intelligence. The new funds leverage the firm’s investment expertise and experience in managing over $1.75 trillion in assets.