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Benzinga
Benzinga
Business
Wayne Duggan

An ETF To Protect Your Portfolio? Goldman Sachs Has a Product For You

Goldman Sachs ETF NYSE Stock Market

Goldman Sachs Group Inc (NYSE:GS) is launching a brand new fund aimed at investors looking to play defense in a volatile stock market.

What Happened: In a new prospectus filed with the SEC, the company outlined plans for its Goldman Sachs Defensive Equity ETF. According to the filing, the fund will be designed to achieve long-term capital growth while maintaining lower volatility than equity markets.

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