GVIP seeks to track the GS Hedge Fund VIP Index, which is constructed in accordance with a rules-based methodology derived from concepts previously developed by Goldman Sachs’ Global Investment Research division. The Index consists of fundamentally driven hedge fund managers’ “Very-Important-Positions,” which appear most frequently among their top 10 long equity holdings.

GVIP offers investors a way to follow hedge fund managers’ most important long equity ideas and gain exposure to dynamic market themes. The Index constructs a focused, US-listed stock portfolio of approximately 50 holdings that can complement a core equity portfolio.

GVIP capitalizes on the extensive resources of a leading global investment firm and pioneer in the analysis of investing trends in the hedge fund universe to offer investors access to an advanced investment solution through a low-cost ETF.