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GGPPX

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1m

Analysis and statistics

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About

GGPPX.US refers to Goldman Sachs Government & Agency Money Market Fund Institutional. This fund is a money market mutual fund managed by Goldman Sachs Asset Management. It primarily invests in U.S. government securities, repurchase agreements collateralized by government securities, and agency securities. The fund aims to provide investors with current income while seeking to maintain a stable $1.00 share price, making it a conservative investment option often used for cash management. Because it invests in government and agency-backed assets, it is generally considered to have a low credit risk profile.
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Factors

Expense Ratio: Higher expense ratios directly reduce the fund's net asset value and consequently, its price.

Portfolio Holdings: The price performance of the underlying stocks and bonds held within the fund heavily influences GGPPX.US.

Market Conditions: Overall market sentiment, economic indicators, and investor confidence impact demand for the fund.

Interest Rates: Changes in interest rates, particularly if bonds are held, affect bond valuations and the fund's price.

Fund Manager Performance: The fund manager's investment decisions influence returns and therefore affect the price.

Fund Size/Liquidity: Larger funds may experience pricing pressures during periods of high redemption or subscription activity.

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