- Business
- Goldman Sachs Future Planet Equity ETF (GSFP) is an actively managed, fully transparent exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S. and non-U.S. companies positioned to address environmental challenges across five key themes: clean energy, including renewable power, grid services, energy storage, bioenergy and hydrogen; resource efficiency, encompassing electric and autonomous vehicles, sustainable manufacturing, smart cities and logistics; sustainable consumption, such as carbon capture, food and agriculture, clean formulations, fashion and tourism; circular economy, covering single-use substitution, waste management, recycling and reuse; and water sustainability, comprising water treatment, water distribution and desalination. The fund maintains a global, all-cap portfolio typically ranging from 30 to 60 holdings, with significant allocations to industrials, information technology, materials and utilities sectors; top holdings as of mid-2025 include Waste Management Inc., Iberdrola SA, Enel SpA, NextEra Energy Inc. and DSM-Firmenich AG. GSFP lists on NYSE Arca under ticker GSFP (CUSIP 38149W796), benchmarks against the MSCI All Country World Index, charges a total expense ratio of 0.75% and had net assets of approximately $12 million as of June 30, 2025. Launched on July 13, 2021, the fund is managed by Goldman Sachs Asset Management L.P., a division of The Goldman Sachs Group, Inc., headquartered in New York. In a significant recent development, Goldman Sachs received board approval in June 2025 to liquidate the fund, with shareholders able to sell shares on NYSE Arca until market close on July 18, 2025, and liquidation scheduled for on or about July 25, 2025. Concurrently, Goldman Sachs Asset Management expanded its ETF platform through the November 2025 agreement to acquire Innovator Capital Management for approximately $2 billion, adding $28 billion in assets under supervision and enhancing active ETF capabilities, with the transaction supporting conversions of four mutual funds to ETFs completed by early December 2025.