Goldman Launches Merged ETF

Nov 09, 2020

Reviewed by: Heather Bell

Edited by: Heather Bell

Today is the first trading day for the Goldman Sachs Innovate Equity ETF (GINN). The fund is the result of five ETFs being combined into one vehicle.

The merged funds include the following:

GINN comes with an expense ratio of 0.50% and lists on the NYSE Arca.

The five funds launched in 2019 and had tracked thematic indexes provided by the now-defunct Motif Capital Management. After Motif closed, Goldman Sachs brought those indexes in-house before announcing it would combine the five thematic funds into one index-based fund with a broad innovation theme.

Contact Heather Bell at [email protected]

Heather Bell

| Contact: [email protected]

Heather Bell is a managing editor with etf.com. Prior to joining the company, she held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and a one-time Jeopardy! champion. She resides in the Denver area with her two dogs, and enjoys hiking in the mountains and frequenting the city’s excellent bookstores.

View Bio Follow Author