Goldman Liquidating FS T-E MMF
A filing for Goldman Sachs Financial Square Tax-Exempt Money Market Fund says, "At a meeting held on December 13, 2017, upon the recommendation of Goldman Sachs Asset Management, L.P., the Board of Trustees (the "Board") of the Goldman Sachs Trust (the "Trust") approved a proposal to liquidate the Goldman Sachs Financial Square Tax-Exempt Money Market Fund (the "Fund"), a series of the Trust. After careful consideration of a number of factors, the Board concluded that it is advisable and in the best interest of the Fund and its shareholders to liquidate the Fund. The Fund will be liquidated on or about January 24, 2018 (the "Liquidation Date"), pursuant to a Plan of Liquidation approved by the Board.... Shares of the Fund will no longer be available for purchase as of the close of business on December 22, 2017, except that existing shareholders of the Fund may continue to purchase shares of the Fund until January 17, 2018.... On or after December 15, 2017, the Fund shall cease its business and may depart from its stated investment objective and policies as it prepares to liquidate and distribute its assets to shareholders. It is anticipated that the Fund's portfolio will be positioned into cash, cash equivalents or other liquid assets on or prior to the Liquidation Date."
