By 
The asset management arm of Goldman Sachs Group Inc. is launching three new actively managed exchange-traded funds linked to disruption, Bloomberg reported.
The Goldman Sachs Future Consumer Equity ETF will be involved in companies that attract the younger consumer market, under the ticker GBUY.
The Goldman Sachs Future Health Care Equity ETF will search for health firms developing new treatments or technologies in various sectors, and digital health care. It will have the ticker GDOC.
The Goldman Sachs Future Real Estate and Infrastructure Equity ETF will be linked to the firms that gain from demographic shifts, making some real estate more profitable. It will have the ticker GREI.
Goldman Sachs Asset Management Global Head Julian Salisbury said the firm seeks to assist in the positioning of clients’ portfolios on the right side of disruption, given the accelerating pace.
The three new ETFs are set to charge a 0.75 percentage points expense ratio. GS is up 0.55%.
Comments