Goldman Sachs ETF Trust
Form Type: 497
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: New
Accession Number: 000119312524286015
Comments: The Board of Trustees of the Goldman Sachs ETF Trust approved a proposal to liquidate the Goldman Sachs Bloomberg Clean Energy Equity ETF, effective on or about January 17, 2025. The decision was made after careful consideration and is deemed in the best interest of the Fund and its shareholders. Post-trading on January 10, 2025, the Fund will stop accepting creation orders, and shares will cease to trade on the Cboe BZX Exchange, Inc. Shareholders may sell their shares until that date but will be unable to do so thereafter until the Liquidation Date. The Fund is expected to liquidate its assets, shifting its portfolio into cash or liquid assets. On the Liquidation Date, all outstanding shares will be automatically redeemed, with each shareholder receiving proceeds equivalent to their proportionate interest in the Fund’s net assets. Shareholders are advised to consult with tax advisers regarding potential tax consequences arising from the liquidation, particularly concerning increased transaction costs and capital gains.
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Additional details:
Board Meeting Date: 2024-12-12
Liquidation Date: 2025-01-17
Last Trading Day: 2025-01-10
Suspension Of Trading Date: 2025-01-10
Tax Advisers Noted: Shareholders should contact their tax advisers concerning the tax consequences of the liquidation.
Form Type: 497
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: New
Accession Number: 000119312524286019
Comments: On December 12, 2024, the Board of Trustees of the Goldman Sachs ETF Trust approved the liquidation of the Goldman Sachs Future Real Estate and Infrastructure Equity ETF, following a recommendation from Goldman Sachs Asset Management. The liquidation is deemed advisable for the best interest of the Fund and its shareholders. The Fund's liquidation will occur on or about January 17, 2025, and will follow a Plan of Liquidation that has been approved by the Board. From January 10, 2025, the Fund will stop accepting creation orders, coinciding with the expected last trading day on NYSE Arca. After market close on this date, shares will no longer be traded and the Fund will be delisted. Shareholders will automatically have their shares redeemed on the Liquidation Date, with proceeds reflecting their proportionate interest in the Fund’s net assets. This process may lead to variable redemption amounts relative to potential sales prior to the cut-off date and could increase transaction costs and taxable capital gains for shareholders. Shareholders are advised to consult their tax advisers regarding the liquidation's tax implications.
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Additional details:
Date Of Meeting: 2024-12-12
Liquidation Date: 2025-01-17
Last Day To Trade: 2025-01-10
Fund Name: Goldman Sachs Future Real Estate and Infrastructure Equity ETF
Investment Objective Change: yes
Form Type: 497
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: New
Accession Number: 000119312524286024
Comments: On December 12, 2024, the Board of Trustees of the Goldman Sachs ETF Trust approved a proposal to liquidate the Goldman Sachs North American Pipelines & Power Equity ETF (the ‘Fund’). The liquidation is deemed advisable and in the best interest of the Fund and its shareholders. The liquidation is scheduled for around January 17, 2025, according to an approved Plan of Liquidation. Following the close of business on January 10, 2025, the Fund will stop accepting creation orders and shares will cease trading on the Cboe BZX Exchange. Shareholders can sell their shares until market close on January 10, 2025. As the liquidation progresses, the Fund may alter its investment strategy to hold cash or liquid assets. Upon liquidation, all outstanding shares will be automatically redeemed, and shareholders will receive proceeds based on their proportionate interest in the Fund's net assets. This process could incur increased transaction costs and potentially higher capital gains for shareholders, who are advised to consult tax professionals about the tax implications of the liquidation.
Document Link: View Document
Additional details:
Date Of Board Meeting: 2024-12-12
Liquidation Date: 2025-01-17
Last Day Of Trading: 2025-01-10
Creation Orders Suspension Date: 2025-01-10
Redemption Proceeds Description: Proceeds equal to proportionate interest in the Fund’s net assets plus accrued and unpaid earnings
Tax Advisers Contact: Shareholders should contact their tax advisers concerning the tax consequences of the liquidation.
Form Type: 497K
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: Update
Accession Number: 000119312524286017
Comments: On December 12, 2024, the Board of Trustees of Goldman Sachs ETF Trust approved the liquidation of the Goldman Sachs Bloomberg Clean Energy Equity ETF. The liquidation is deemed advisable in the best interest of the Fund and its shareholders. The Liquidation Date is set for January 17, 2025, after which the Fund will cease accepting creation orders and trading of its shares will be suspended. The last day of trading on the Cboe BZX Exchange will be January 10, 2025. Post-liquidation, all outstanding shares will be automatically redeemed, providing shareholders with proceeds based on their proportionate interest in the Fund's net assets at that time. Shareholders are advised to consider the potential tax consequences and increased transaction costs associated with the liquidation process.
Document Link: View Document
Additional details:
Board Meeting Date: 2024-12-12
Liquidation Date: 2025-01-17
Last Day Of Trading: 2025-01-10
Proceeds Distribution: based on proportionate interest in net assets
Shareholder Advisories: contact tax advisers regarding tax consequences
Form Type: 497K
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: New
Accession Number: 000119312524286022
Comments: On December 30, 2024, the Board of Trustees of Goldman Sachs ETF Trust approved the liquidation of the Goldman Sachs Future Real Estate and Infrastructure Equity ETF. This decision came after careful consideration and is deemed advisable for the best interest of the Fund and its shareholders. The liquidation is scheduled to occur on or about January 17, 2025. Trading and creation orders will be suspended after the close of business on January 10, 2025, and shares will be delisted from NYSE Arca. Shareholders may sell their shares until the market closes on January 10, 2025, after which they will not be able to trade shares on the exchange. The Fund will prepare to liquidate its assets, converting its portfolio into cash or liquid equivalents before the Liquidation Date. Shareholders will automatically have their shares redeemed on the Liquidation Date and will receive proceeds equal to their proportionate interest in the Fund's net assets, with potential tax implications from the liquidation process.
Document Link: View Document
Additional details:
Board Meeting Date: 2024-12-12
Liquidation Date: 2025-01-17
Last Day Of Trading: 2025-01-10
Suspension Of Trading And Creation Orders: 2025-01-10
Form Type: 497K
Filing Date: 2024-12-30
Corporate Action: Liquidation
Type: New
Accession Number: 000119312524286025
Comments: On December 12, 2024, the Board of Trustees of the Goldman Sachs ETF Trust approved the liquidation of the Goldman Sachs North American Pipelines & Power Equity ETF, concluding it is in the best interest of the Fund and its shareholders. The liquidation is scheduled for January 17, 2025. Following the close of business on January 10, 2025, the Fund will stop accepting creation orders, and trading will cease on the Cboe BZX Exchange. Shareholders will be unable to sell their shares after this date, and all outstanding shares will be automatically redeemed on the Liquidation Date. Proceeds from the redemption will reflect shareholders' proportionate interest in the Fund’s net assets. Anticipated preparation for liquidation may alter the Fund's investment strategy, moving towards cash and liquid assets. Tax implications related to the liquidation should be consulted with tax advisers.
Document Link: View Document
Additional details:
Board Meeting Date: 2024-12-12
Liquidation Date: 2025-01-17
Last Trade Date: 2025-01-10
Shareholders Redeemed On Liquidation Date: yes
Trading Stop Date: 2025-01-10
Tax Advisers Contact: yes