0001193125-13-014660.txt : 20130116 0001193125-13-014660.hdr.sgml : 20130116 20130116161445 ACCESSION NUMBER: 0001193125-13-014660 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20130116 DATE AS OF CHANGE: 20130116 EFFECTIVENESS DATE: 20130116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS TRUST CENTRAL INDEX KEY: 0000822977 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-17619 FILM NUMBER: 13532650 BUSINESS ADDRESS: STREET 1: 71 SOUTH WACKER DRIVE STREET 2: C/O GOLDMAN SACHS & CO CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126554400 MAIL ADDRESS: STREET 1: 200 WEST STREET CITY: NEW YORK STATE: NY ZIP: 10282 FORMER COMPANY: FORMER CONFORMED NAME: GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19910711 FORMER COMPANY: FORMER CONFORMED NAME: SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19900104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS TRUST CENTRAL INDEX KEY: 0000822977 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05349 FILM NUMBER: 13532651 BUSINESS ADDRESS: STREET 1: 71 SOUTH WACKER DRIVE STREET 2: C/O GOLDMAN SACHS & CO CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126554400 MAIL ADDRESS: STREET 1: 200 WEST STREET CITY: NEW YORK STATE: NY ZIP: 10282 FORMER COMPANY: FORMER CONFORMED NAME: GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19910711 FORMER COMPANY: FORMER CONFORMED NAME: SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19900104 0000822977 S000009315 Goldman Sachs Capital Growth Fund C000025452 Goldman Sachs Capital Growth Fund C000025453 Institutional GSPIX C000025454 Service GSPSX C000025455 Class A GSCGX C000025456 Class B GSCBX C000025457 Class C GSPCX C000055743 Class R GSPRX C000055744 Class IR GSPTX 0000822977 S000009316 Goldman Sachs Growth and Income Fund C000025458 Goldman Sachs Growth and Income Fund C000025459 Institutional GSIIX C000025460 Service GSGSX C000025461 Class A GSGRX C000025462 Class B GSGBX C000025463 Class C GSGCX C000055745 Class R GRGRX C000055746 Class IR GRGTX 0000822977 S000009317 Goldman Sachs Large Cap Value Fund C000025464 Goldman Sachs Large Cap Value Fund C000025465 Institutional GSLIX C000025466 Service GSVSX C000025467 Class A GSLAX C000025468 Class B GSVBX C000025469 Class C GSVCX C000055747 Class R GSVRX C000055748 Class IR GSVTX 0000822977 S000009318 Goldman Sachs Strategic Growth Fund C000025470 Goldman Sachs Strategic Growth Fund C000025471 Institutional GSTIX C000025472 Service GSTSX C000025473 Class A GGRAX C000025474 Class B GSWBX C000025475 Class C GGRCX C000055749 Class R GSTRX C000055750 Class IR GSTTX 0000822977 S000009319 Goldman Sachs Concentrated Growth Fund C000025476 Goldman Sachs Concentrated Growth Fund C000025477 Institutional GCRIX C000025479 Class A GCGAX C000025480 Class B GCGBX C000025481 Class C GCGCX C000058381 Class R GGCRX C000058382 Class IR GGCTX 0000822977 S000009320 Goldman Sachs Mid Cap Value Fund C000025482 Goldman Sachs Mid Cap Value Fund C000025483 Institutional GSMCX C000025484 Service GSMSX C000025485 Class A GCMAX C000025486 Class B GCMBX C000025487 Class C GCMCX C000055751 Class IR GCMTX C000055752 Class R GCMRX 0000822977 S000009321 Goldman Sachs Growth Opportunities Fund C000025488 Goldman Sachs Growth Opportunities Fund C000025489 Institutional GGOIX C000025490 Service GGOSX C000025491 Class A GGOAX C000025492 Class B GGOBX C000025493 Class C GGOCX C000055753 Class R GGORX C000055754 Class IR GGOTX 0000822977 S000009322 Goldman Sachs Small/Mid Cap Growth Fund C000025494 Goldman Sachs Small/Mid Cap Growth Fund C000025495 Institutional GSMYX C000025496 Service GSMQX C000025497 Class A GSMAX C000025498 Class B GSMDX C000025499 Class C GSMGX C000055755 Class R GTMRX C000055756 Class IR GTMTX 0000822977 S000009323 Goldman Sachs Small Cap Value Fund C000025500 Goldman Sachs Small Cap Value Fund C000025501 Institutional GSSIX C000025502 Service GSSSX C000025503 Class A GSSMX C000025504 Class B GSQBX C000025505 Class C GSSCX C000055757 Class R GSQRX C000055758 Class IR GSQTX 0000822977 S000009339 Goldman Sachs Technology Tollkeeper Fund C000025594 Goldman Sachs Technology Tollkeeper Fund C000025595 Institutional GITIX C000025596 Service GITSX C000025597 Class A GITAX C000025598 Class B GITBX C000025599 Class C GITCX C000092626 Class IR GISTX 0000822977 S000020773 Goldman Sachs Flexible Cap Growth Fund C000058009 Class A Shares GALLX C000058010 Class C Shares GCLLX C000058011 Institutional Shares GILLX C000058012 Class R Shares GRLLX C000058013 Class IR Shares GSLLX 0000822977 S000026933 Goldman Sachs U.S. Equity Fund C000081145 Class A GAGVX C000081146 Class C GCGVX C000081147 Institutional GINGX C000081148 Class R GRGVX C000081149 Class IR GIRGX 0000822977 S000035863 Goldman Sachs Focused Growth Fund C000109907 Class A Shares GFGAX C000109908 Class C Shares GFGCX C000109909 Institutional Shares GFGSX C000109910 Class IR Shares GFGIX C000109911 Class R Shares GFGRX 485BPOS 1 d381930d485bpos.htm GOLDMAN SACHS TRUST GOLDMAN SACHS TRUST

As filed with the Securities and Exchange Commission on January 16, 2013

1933 Act Registration No. 033-17619

1940 Act Registration No. 811-05349

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

   THE SECURITIES ACT OF 1933   þ
   Pre-Effective Amendment No.   ¨
   Post-Effective Amendment No. 343   þ

and/or

REGISTRATION STATEMENT

UNDER

   THE INVESTMENT COMPANY ACT OF 1940   þ
   Amendment No. 344   þ

(Check appropriate box or boxes)

 

 

GOLDMAN SACHS TRUST

(Exact Name of Registrant as Specified in Charter)

 

 

71 South Wacker Drive

Chicago, Illinois 60606

(Address of Principal Executive Offices)

Registrant’s Telephone Number, including Area Code: (312) 655-4400

 

 

CAROLINE KRAUS, ESQ.

Goldman, Sachs & Co.

200 West Street

New York, New York 10282

(Name and Address of Agent for Service)

Copies to:

STEPHEN H. BIER, ESQ.

Dechert LLP

1095 Avenue of the Americas

New York, NY 10036

 

 

Approximate Date of Proposed Public Offering: As soon as practicable after the effective date of the registration statement

It is proposed that this filing will become effective (check appropriate box)

 

  þ immediately upon filing pursuant to paragraph (b)
  ¨ on (date) pursuant to paragraph (b)
  ¨ 60 days after filing pursuant to paragraph (a)(1)
  ¨ on (date) pursuant to paragraph (a)(1)
  ¨ 75 days after filing pursuant to paragraph (a)(2)
  ¨ on (date) pursuant to paragraph (a)(2) of rule 485.

If appropriate, check the following box:

 

  ¨ this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


EXPLANATORY NOTE

This filing relates solely to the following series and classes of the Registrant:

Class A Shares, Class B Shares, Class C Shares, Service Shares, Institutional Shares, Class IR Shares and Class R Shares of the Goldman Sachs Capital Growth Fund, Goldman Sachs Strategic Growth Fund, Goldman Sachs Growth Opportunities Fund, Goldman Sachs Small/Mid Cap Growth Fund, Goldman Sachs Growth and Income Fund, Goldman Sachs Large Cap Value Fund, Goldman Sachs Mid Cap Value Fund and Goldman Sachs Small Cap Value Fund;

Class A Shares, Class B Shares, Class C Shares, Service Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Technology Tollkeeper FundSM;

Class A Shares, Class C Shares, Institutional Shares, Class IR Shares and Class R Shares of the Goldman Sachs Flexible Cap Growth Fund, Goldman Sachs Focused Growth Fund and Goldman Sachs U.S. Equity Fund; and

Class A Shares, Class B Shares, Class C Shares, Institutional Shares, Class IR Shares and Class R Shares of the Goldman Sachs Concentrated Growth Fund.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment No. 343 under Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 343 to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City and State of New York on the 16th day of January, 2013.

 

GOLDMAN SACHS TRUST

(A Delaware statutory trust)

By:     /s/ Caroline Kraus
  Caroline Kraus
  Secretary

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to said Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

 

Name

  

Title

 

Date

1James A. McNamara

James A. McNamara

   President (Chief Executive Officer) and Trustee   January 16, 2013

1George F. Travers

George F. Travers

   Principal Financial Officer and Senior Vice President   January 16, 2013

1Ashok N. Bakhru

Ashok N. Bakhru

   Chairman and Trustee   January 16, 2013

1Donald C. Burke

Donald C. Burke

   Trustee   January 16, 2013

1John P. Coblentz, Jr.

John P. Coblentz, Jr.

   Trustee   January 16, 2013

1Diana M. Daniels

Diana M. Daniels

   Trustee   January 16, 2013

1Joseph P. LoRusso

Joseph P. LoRusso

   Trustee   January 16, 2013

1Jessica Palmer

Jessica Palmer

   Trustee   January 16, 2013

1Alan A. Shuch

Alan A. Shuch

   Trustee   January 16, 2013

1Richard P. Strubel

Richard P. Strubel

   Trustee   January 16, 2013

 

By:  

/s/ Caroline Kraus

  Caroline Kraus,
  Attorney-In-Fact

 

1 

Pursuant to powers of attorney previously filed.


CERTIFICATE

The undersigned Secretary for Goldman Sachs Trust (the “Trust”) hereby certifies that the Board of Trustees of the Trust duly adopted the following resolution at a meeting of the Board held on August 15-16, 2012.

RESOLVED, that the Trustees and Officers of the Trust who may be required to execute any amendments to the Trust’s Registration Statement be, and each hereby is, authorized to execute a power of attorney appointing James A. McNamara, Caroline Kraus, Andrew Murphy, Robert Griffith and Matthew Wolfe, jointly and severally, their attorneys-in-fact, each with power of substitution, for said Trustees and Officers in any and all capacities to sign the Registration Statement under the Securities Act of 1933 and the Investment Company Act of 1940 of the Trust and any and all amendments to such Registration Statement, and to file the same, with exhibits thereto, and other documents in connection therewith, with the SEC, the Trustees and Officers hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or may have caused to be done by virtue hereof.

Dated: January 16, 2013

 

/s/ Caroline Kraus
Caroline Kraus,
Secretary


EXHIBIT INDEX

 

EX-101.INS    XBRL Instance Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.CAL    XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase
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gst13:RussellTwoThousandFiveHundredGrowthIndexMember gst13:C000055756Member 2011-12-29 2012-12-28 0000822977 gst13:S000009322Member gst13:RussellTwoThousandFiveHundredGrowthIndexMember gst13:C000055755Member 2011-12-29 2012-12-28 pure iso4217:USD <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsCapitalGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsCapitalGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsCapitalGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsCapitalGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsConcentratedGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsConcentratedGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsConcentratedGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsConcentratedGrowthFund column period compact * ~</div> 485BPOS <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsFlexibleCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsFlexibleCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsFlexibleCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsFlexibleCapGrowthFund column period compact * ~</div> 2012-12-28 <b>Goldman Sachs Concentrated Growth Fund&#8212;Summary </b> GOLDMAN SACHS TRUST 0000822977 <b>Investment Objective </b> 2012-12-27 The Goldman Sachs Concentrated Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. 2012-12-27 <b>Fees and Expenses of the Fund </b> 2012-08-31 false This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsStrategicGrowthFund column period compact * ~</div> <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b 0.055 0 0 0 0 0 <b>Investment Objective </b> The Goldman Sachs Flexible Cap Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0 0.05 0.01 0 0 0 <b>Goldman Sachs Flexible Cap Growth Fund&#8212;Summary </b> <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 0.01 0.01 0.01 0.01 0.01 0.01 0.0025 0.01 0.01 0 0 0.005 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsFlexibleCapGrowthFund column period compact * ~</div> 0.0032 0.0032 0.0032 0.0017 0.0032 0.0032 0.0157 <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 0.0232 0.0232 0.0117 0.0132 0.0182 -0.0031 -0.0031 -0.0031 -0.0031 -0.0031 -0.0031 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of</b><br/><b>the value of your investment)</b> <b>Goldman Sachs Strategic Growth Fund&#8212;Summary </b> 0.0126 0.0201 0.0201 0.0086 0.0101 0.0151 0.01 0.01 0.01 0.01 0.01 <b>Investment Objective </b> 0.0025 0.01 The Goldman Sachs Strategic Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. 0.005 0.0189 0.0189 0.0174 0.0189 <b>Fees and Expenses of the Fund </b> 0.0189 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0.0314 0.0389 0.0274 0.0289 0.0339 <b>Goldman Sachs Growth and Income Fund&#8212;Summary </b> <b>Goldman Sachs U.S. Equity Fund&#8212;Summary </b> 0.0126 0.0201 0.0086 0.0101 0.0151 <b>Investment Objective </b> The Goldman Sachs Growth and Income Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation and growth of income. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of the Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Fees and Expenses of the Fund</b> 50000 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Investment Objective </b> The Goldman Sachs U.S. Equity Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> 0.055 0 <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 0 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsFlexibleCapGrowthFundBarChart column period compact * ~</div> 0 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in the &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0 0 0.01 0 0 0 You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in the &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 <b>Goldman Sachs Capital Growth Fund&#8212;Summary </b> <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> <b>Shareholder Fees </b><br/><b>(fees paid directly from your investment)</b> <b>Investment Objective </b> <b>Expense Example </b> The Goldman Sachs Capital Growth Fund (&#8220;the Fund&#8221;) seeks long-term growth of capital. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsFocusedGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsFocusedGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsFocusedGrowthFund column period compact * ~</div> <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0 0 -0.0188 -0.0188 -0.0188 -0.0188 -0.0188 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0.055 0 0.055 0 0 0 0 0 0 0 0 0 0 0 0 0.01 0 204 1014 1842 3995 0.055 0 0 0 0 0 Assuming complete redemption at end of period 0 671 Assuming no redemption 304 88 103 154 1298 1014 671 717 867 0 0.05 0.01 0 0 0 0 A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 1949 1842 1282 1357 1603 December 29, 2013 3685 3995 2932 3079 3549 0 0.05 0.01 0 0 0 0 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 671 704 304 103 154 88 0.055 0 0 0 0 0 0 542 388 Assuming complete redemption at end of period 341 695 995 990 <b><a name="toc381930_4"></a>Goldman Sachs Focused Growth Fund&#8212;Summary </b> Assuming no redemption 0 0.05 956 0.01 0 694 0 1212 0 1412 0 1330 614 <b>Investment Objective </b> 2112 1563 1393 2632 2444 2290 <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 32% of the average value of its portfolio. A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 0.32 The Goldman Sachs Focused Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Expense Example </b> <b>Fees and Expenses of the Fund </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: December 29, 2013 <b>Principal Strategy </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in equity investments in small-, mid- and large-cap issuers. In addition, under normal circumstances, the Fund expects that approximately 90% of its Net Assets will be invested in such equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br/><br/>The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/>The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations. December 29, 2013 0.01 0.01 You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0.01 <b>Principal Risks of the Fund </b> 0.01 0.01 0.01 0.01 0.0025 0.01 0.01 0 0 0 0.005 0.007 0.007 0.007 0.007 0.007 0.0023 204 204 0.0023 50000 0.0023 0.0008 0.0025 0.0058 695 0.01 695 0.0023 0 0.0023 0 0.005 1212 1212 2444 2632 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/> <b>Investment Style Risk. </b>Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/> <b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/> <b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/> <b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 0.0268 0.0268 0.0253 0.0268 0.0268 Loss of money is a risk of investing in the Fund. 0.0363 0 0 0.0438 0 0 0.0025 0.0323 0 0 0.0338 0.0388 <b>Portfolio Turnover </b> 0 0 0 0 0.0025 0 0 The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 33% of the average value of its portfolio. -0.0245 -0.0245 An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. -0.0245 -0.0245 -0.0245 <b>Principal Strategy </b> <b>Performance </b> 0.0118 0.0193 0.0078 0.0093 0.0143 0.0023 0.0023 0.0023 0.0008 0.0008 0.0023 0.0023 0.0148 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 0.0223 0.0223 0.0108 0.0158 0.0123 0.0173 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. 0.055 The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. -0.0034 -0.0034 The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.<br/><br/>THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE &#8220;INVESTMENT COMPANY ACT&#8221;), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS. -0.0034 -0.0034 -0.0034 -0.0034 -0.0034 <b>Principal Risks of the Fund </b> www.goldmansachsfunds.com/performance <b>Annual Fund Operating Expenses<br/>(expenses that you pay each year as a<br/>percentage of the value of your investment)</b> 0.0114 0.0189 0.0189 0.0074 0.0124 0.0089 0.0139 0 The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk. </b>Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Non-Diversification Risk.</b> The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 30-40 companies.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.005 0 0 0 0.01 0.01 0.0025 0.0026 0.0026 <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> 0.0026 0.0025 0.0011 0.0061 0.0026 <b>Performance </b> 0.0026 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 0 0 0.0025 0.007 0 0 0.007 0 0 0.007 0.007 0.007 0.007 0.007 0 0 0 0 0.0025 0 0 0.0026 0.0026 0.0026 0.0011 0.0011 0.0026 0.0026 <b>Expense Example </b> 0.2441 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0.0342 0.032 0.0918 0.1313 -0.4391 0.4825 0.1085 -0.0326 0.0176 0.0126 664 296 0.0161 196 80 0.0111 95 146 0.0226 0.0226 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 19.31%. <br/><br/>Best Quarter <br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+20.03% <br/><br/>Worst Quarter <br/>Q3 &#8216;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;16.64% 0.0151 1386 1104 1104 765 810 958 2128 2024 2024 1475 1548 1789 4073 4374 4374 3362 3501 3950 0.4985 0.143 -0.0524 -0.0036 -0.0036 -0.0036 -0.0036 -0.0036 -0.0036 -0.0036 0.014 0.009 0.0125 0.0075 0.019 0.019 0.0115 total return 2012-09-30 0.2008 Best Quarter 2009-06-30 0.1582 0.2085 Worst Quarter 2008-12-31 -0.3157 total return 2012-09-30 0.1931 Best Quarter 2009-06-30 0.2003 0.1707 Worst Quarter 2011-09-30 -0.1664 0.0025 0.01 0.01 0 0 0 0.005 AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> 0.0027 0.0027 0.0027 0.0012 0.0062 0.0027 0.0027 <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 76% of the average value of its portfolio. 0 0.76 0 0 0 0.0025 0 0 0 0 0 The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0 0.0025 0 0 0.0027 0.0027 0.0027 0.0012 0.0027 0.0027 0.0122 0.0197 0.0197 0.0082 0.0132 0.0097 0.0147 -0.086 -0.086 -0.0559 0.0264 -0.0878 -0.0487 0.0264 -0.029 0.0264 0.0264 <b>Principal Strategy </b> 0.0264 -0.0003 -0.0003 The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in U.S. large-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Standard &amp; Poor&#8217;s 500 Index. The Fund may also invest up to 20% of its Net Assets in foreign securities.<br/><br/>The Goldman Sachs Asset Management Growth Team uses fundamental research to find strong business franchises with favorable long-term growth prospects and excellent management. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team&#8217;s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams.<br/><br/>The Fund&#8217;s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations. -0.0003 -0.1583 -0.0003 -0.0003 -0.0003 -0.0003 <b>Principal Risks of the Fund </b> The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. 0.0119 0.0194 0.0194 0.0079 0.0129 <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 0.0094 0.0144 0.025 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 0.025 0.0054 -0.006 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0.025 0.025 -0.0083 -0.0121 -0.0098 -0.0102 Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.0124 <b>Expense Example </b> 0.002 -0.0303 0.002 0.0599 0.0468 0.0348 0.0599 0.0361 0.0599 0.0316 0.0339 0.0365 0.0599 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>Expense Example</b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund employs both growth and value investment styles, either of which may fall out of favor from time to time. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 2002-09-03 2002-09-03 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: 2002-09-03 2002-09-03 <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>Portfolio Turnover</b> AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> Loss of money is a risk of investing in the Fund. The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 54% of the average value of its portfolio. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. 660 692 292 76 126 0.54 91 142 <b>Principal Strategy</b> 669 The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. 961 965 665 310 466 357 512 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. <b>Principal Risks of the Fund</b> www.goldmansachsfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 3625 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. Assuming complete redemption at end of period Loss of money is a risk of investing in the Fund. Assuming no redemption An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 1283 1364 1164 563 828 643 907 <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> 5910 -0.1045 -0.112 -0.0576 0.0218 -0.0685 0.0218 9605 -0.049 0.0218 -0.0501 -0.0546 0.0218 0.0218 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. 0.0111 The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. 0.0057 0.0085 0.0248 0.0186 0.03 0.0248 0.0248 0.0286 0.0248 0.0235 0.0248 2194 2348 2538 1287 1459 2013 www.goldmansachsfunds.com/performance <b>Expense Example </b> The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 1850 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 2008-01-31 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.84%.<br/><br/>Best Quarter <br/>Q3 &#8216;10 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+10.99%<br/><br/>Worst Quarter <br/>Q3 &#8216;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;16.97% December 29, 2013 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: 661 693 293 77 127 92 143 192 192 665 665 1164 1164 2348 2538 -0.103 -0.1049 -0.0645 0.0211 -0.0672 0.0211 -0.0473 0.0211 -0.049 0.0211 Assuming complete redemption at end of period -0.0536 0.0211 Assuming no redemption 0.0168 0.0157 <b>Portfolio Turnover </b> 0.0902 0.0383 0.0902 0.0506 0.0902 0.0486 0.0902 0.0435 0.0902 The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 55% of the average value of its portfolio. 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 2009-11-30 <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (&#8220;Total Assets&#8221;) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to have long-term capital appreciation potential. The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <b>Principal Risks of the Fund </b> 968 972 672 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br /><br /><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br /><br /><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br /><br /><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 317 473 364 519 1296 1377 1177 577 842 657 920 2223 2378 2567 1319 1881 1491 2043 <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/> The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 0 Assumingcomplete redemption at end of period Assumingno redemption 2002-09-03 2002-09-03 0 0 0 2002-09-03 2002-09-03 0.01 0 0 0 665 697 197 2002-09-03 297 2002-09-03 197 81 131 96 147 <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.11%. <br/><br/>Best Quarter <br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+22.11% <br/><br/>Worst Quarter <br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;28.66% 2007-11-30 913 915 615 615 615 259 415 306 462 1260 1060 1181 1060 1060 452 721 2007-11-30 533 800 1944 2099 2099 2293 2293 1011 1588 1187 1755 0.01 0.01 0.01 0.01 0.01 A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 0.0264 AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> Assuming complete redemption at end of period Assuming no redemption 193 672 1177 2378 193 672 1177 2567 <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 115% of the average value of its portfolio. The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.33%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+19.20%<br/><br/> Worst Quarter<br/>Q4 &#8216;08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;28.16% 1.15 <b>Principal Strategy </b> The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The Fund invests, under normal circumstances, at least 65% of its total assets measured at the time of purchase (&#8220;Total Assets&#8221;) in equity investments that the Investment Adviser considers to have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.<br/><br/>The Fund&#8217;s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations, that offer the potential to further the Fund&#8217;s investment objective. AVERAGE ANNUAL TOTAL RETURNS <b><br/><br/>For the period ended December 31, 2011</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. -0.0259 Best Quarter 2010-09-30 0.1099 Worst Quarter 2011-09-30 -0.1697 total return 2012-09-30 0.1784 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsSmallCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsSmallCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsSmallCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsSmallCapValueFund column period compact * ~</div> -0.2747 <b>Performance </b> 0.2382 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 0.0574 0.0158 The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.0779 0.1115 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. -0.4021 0.4347 The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. 0.1053 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.08%. <br/><br/>Best Quarter <br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+20.85% <br/><br/>Worst Quarter <br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;31.57% -0.03 The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). www.goldmansachsfunds.com/performance 50000 You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 December 29, 2013 0.55 0.33 December 29, 2013 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Loss of money is a risk of investing in the Fund. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsU.S.EquityFund column period compact * ~</div> A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. 2012-09-30 <b>Non-Diversification Risk.</b> The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 30-40 companies. 0.2033 Best Quarter 2009-06-30 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. 0.192 Worst Quarter <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsU.S.EquityFund column period compact * ~</div> 2008-12-31 The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. -0.2816 www.goldmansachsfunds.com/performance <b>Goldman Sachs Small Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Small Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsStrategicGrowthFundBarChart column period compact * ~</div> You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. -0.116 0.2396 0.1833 Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.0369 0.2226 0.0142 -0.3543 0.1826 0.1148 -0.0769 0.01 0 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.64%.<br/> Best Quarter<br/> Q3 &#8217;09 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;+15.28%<br/> Worst Quarter<br/> Q4 &#8217;08 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&#8211;20.47% 0 0.005 0.1582 0.1567 0.1582 0.1582 0.0185 0.1782 0.1667 0.1682 0.1732 -0.1583 -0.1583 0.055 0 0 0 -0.1583 0 0 0 -0.1583 0.0199 0 0.05 0.01 0 0 0.0084 0 0 0.0099 0.0149 AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2011</b> -0.249 0.2353 0.0874 0.0235 0.0817 0.0958 -0.4272 0.4822 0.1083 -0.0147 The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.0097 0.0097 0.0097 0.0097 0.0097 0.0097 0.0097 The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. -0.0832 -0.0834 -0.0538 0.0264 -0.0856 0.0264 -0.047 0.0264 -0.0267 0.0264 -0.03 0.0264 -0.0286 0.0264 -0.0325 0.0264 -0.0071 -0.0073 -0.006 0.025 -0.0078 0.025 -0.0035 0.025 0.0078 0.025 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsSmallCapValueFund column period compact * ~</div> 0.0038 0.025 0.0003 0.0002 0.0003 0.0259 -0.0002 0.0259 -0.0016 0.0259 0.0099 0.0259 0.0059 0.0259 -0.0053 -0.0053 -0.0045 0.0004 -0.0055 0.0004 -0.0082 0.0004 0.0031 0.0004 -0.0007 0.0004 0.1344 0.1624 0.1295 0.1624 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 2009-01-06 2009-01-06 2009-01-06 2009-01-06 A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 0.0025 0.01 0.01 0 0 0.005 0 0.0022 0.0022 0.0022 0.0007 0.0057 0.0022 0.0022 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsSmallCapValueFundBarChart column period compact * ~</div> 0 0 0 0 0.0025 0 0 0 0 0 0 0.0025 0 0 0.0022 0.0022 0.0022 0.0007 0.0007 0.0022 0.0022 0.0144 0.0219 0.0219 0.0104 0.0154 0.0119 302 0.0169 3418 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 1997-08-15 5862 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1997-08-15 1996-05-01 9704 1996-05-01 1996-05-01 1990-04-20 1990-04-20 1990-04-20 1990-04-20 1990-04-20 202 0.0136 0.0211 0.0211 0.0096 0.0146 3418 0.0111 0.0161 5862 9704 86 3165 5567 9510 101 3199 5607 9538 152 3309 5736 9625 -0.0008 -0.0008 -0.0008 -0.0008 Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. -0.0008 -0.0008 -0.0008 The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsConcentratedGrowthFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsConcentratedGrowthFund column period compact * ~</div> You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 71 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). December 29, 2013 50000 The Fund&#8217;s &#8220;Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation&#8221; have been restated to reflect the fee waiver and expense limitation currently in effect. <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: -0.1275 -0.1294 -0.0804 0.0039 -0.1298 0.0211 0.0211 0.0039 -0.0929 0.0039 -0.073 0.0211 0.0039 -0.0779 0.0211 0.0039 0.0211 681 0.0039 714 0.0211 314 0.0039 98 0.0211 149 113 164 973 977 677 323 479 370 525 1286 1367 1167 566 832 647 910 2173 2328 2517 1264 1828 1991 1436 50000 214 214 677 677 1167 1167 2328 2517 0.0215 0.016 0.0184 0.0389 0.0292 0.021 0.0389 0.0389 0.0196 0.0292 0.0292 0.0313 0.0262 0.0292 0.0389 0.0292 -0.0302 -0.0688 -0.069 -0.0444 0.0264 0.0211 2007-11-30 -0.0352 -0.0025 -0.0077 -0.0107 -0.0084 2007-11-30 0.025 <b>Shareholder Fees</b><br/><b>(Fees paid directly from your investment)</b> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsU.S.EquityFund column period compact * ~</div> -0.0758 <b>Portfolio Turnover </b> 0.4327 0.189 The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 50% of the average value of its portfolio. 0.0069 0.0057 0.0055 0.5 0.0259 0.0292 0.0318 0.13 0.1734 -0.0507 0.0511 0.0411 0.0408 0.0832 0.077 0.0292 0.069 0.0615 -0.0005 0.0496 0.0362 0.0782 0.0399 0.0621 0.0601 0.0599 0.0324 0.0817 0.0684 0.0855 0.0628 -0.0561 -0.034 -0.0177 -0.034 -0.0177 -0.0713 0.0264 0.0211 -0.0317 -0.0571 0.0264 0.0211 -0.0107 0.0264 0.0211 -0.0159 0.0264 0.0211 -0.0121 0.0264 0.0211 -0.0176 0.0264 0.0211 Assuming complete redemption at end of period -0.2715 Assuming no redemption 0.277 0.2588 -0.0086 <b>Principal Strategy </b> 0.025 -0.0025 -0.0045 0.0042 0.025 -0.0025 0.0069 0.025 -0.0025 0.0019 0.025 -0.0025 0.0064 0.0259 0.0292 0.0051 0.0259 0.0292 0.0167 0.0259 0.0292 0.0116 0.0259 0.0292 The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000&#174; Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 2000&#174; Value Index was between $42.7 million and $4.8 billion. Under normal circumstances, the Fund&#8217;s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, it may also invest in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies. <br/><br/>The Fund&#8217;s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br/><br/>The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000&#174; Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations. <b>Principal Risks of the Fund </b> <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 0.0505 0.0512 0.0615 0.0262 0.0399 0.0297 0.0379 0.0297 0.0399 0.0328 0.0297 0.0399 -0.0147 0.002 -0.0177 -0.0196 0.002 -0.0177 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsGrowthOpportunitiesFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsGrowthOpportunitiesFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsGrowthOpportunitiesFund column period compact * ~</div> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles. <br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. Loss of money is a risk of investing in the Fund. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsStrategicGrowthFund column period compact * ~</div> December 29, 2013 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsCapitalGrowthFund column period compact * ~</div> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>Goldman Sachs Growth Opportunities Fund&#8212;Summary </b> <b>Investment Objective </b> <b>Portfolio Turnover </b> The Goldman Sachs Growth Opportunities Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsCapitalGrowthFundBarChart column period compact * ~</div> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the period ended August 31, 2012 (commenced January 31, 2012) was 23% of the average value of its portfolio. <b>Principal Strategy </b> You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-25 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations.<br/><br/>THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE &#8220;INVESTMENT COMPANY ACT&#8221;), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS. <b>Principal Risks of the Fund </b> <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> -0.0793 -0.0607 0.055 0 0 0 0 0 0 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsU.S.EquityFundBarChart column period compact * ~</div> 0 0.05 0.01 0 0 0 0 -0.0511 -0.0538 -0.0297 -0.055 -0.0531 -0.055 -0.0132 -0.055 0.0081 -0.055 0.0067 -0.055 0.0019 -0.055 0.0032 -0.055 0.0092 0.0014 0.0058 -0.0187 0.0091 -0.0187 0.0132 0.025 -0.0187 0.0199 -0.0187 -0.0187 0.0715 0.0628 0.0604 0.064 0.0711 0.064 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsU.S.EquityFund column period compact * ~</div> 0.064 0.064 0.064 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0.0766 0.082 0.0697 0.0951 0.084 0.0804 0.1038 0.0831 0.0847 0.0698 0.0822 0.0769 0.0393 0.0344 -0.0001 -0.0001 0.0702 0.0702 0.0702 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 1992-10-22 1992-10-22 1992-10-22 1992-10-22 1996-05-01 1997-08-15 1997-08-15 1997-08-15 1997-08-15 2007-11-30 2007-11-30 2007-11-30 2007-11-30 1997-08-15 1997-08-15 1996-05-01 0.0095 0.0095 0.0095 0.0095 0.0095 0.0095 0.0095 0.0025 0.01 0.01 0 0 0 0.005 An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. 0.0021 0.0021 0.0021 0.0006 0.0056 0.0021 0.0021 <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus. <br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. 0 0 0 0 0.0025 0 0 0 0 0 0 0.0025 0 0 0.0021 0.0021 0.0021 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. 0.0006 0.0006 0.0021 0.0021 0.0141 0.0216 The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. 0.0216 0.0101 0.0151 0.0116 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Foreign and Emerging Countries Risk. </b>Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. Loss may also result from, among things, deteriorating economic and business conditions in other countries, including the United States, regional and global conflicts, the imposition of exchange controls, confiscations and other government restrictions, or from problems in registration, settlement or custody. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. To the extent that the Fund also invests in securities of issuers located in emerging countries, these risks may be more pronounced.<br/><br/><b>Investment Style Risk. </b>Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk. </b>The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk. </b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Non-Diversification Risk.</b> The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-25 companies.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 0.0166 www.goldmansachsfunds.com/performance -0.0006 -0.0006 -0.0006 -0.0006 -0.0006 -0.0006 -0.0006 The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. Loss of money is a risk of investing in the Fund. 0.0135 0.021 0.021 0.0095 0.0145 0.011 0.016 <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. <b>Non-Diversification Risk.</b> The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-25 companies. <b>Performance </b> The Fund commenced operations on January 31, 2012. No performance information for the Fund is provided because the Fund has less than one calendar year of performance as of the date of this Prospectus. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus. A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsFocusedGrowthFund column period compact * ~</div> December 29, 2013 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.08%. <br/>Best Quarter <br/>Q2 &#8217;03 +19.97% <br/>Worst Quarter <br/>Q4 &#8217;08 &#8211;24.77% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2011</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund commenced operations on January 31, 2012. No performance information for the Fund is provided because the Fund has less than one calendar year of performance as of the date of this Prospectus. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance 680 713 313 97 148 112 163 966 970 670 316 471 363 518 total return 1273 1354 1154 2012-09-30 552 818 0.2011 633 897 Best Quarter 2009-06-30 0.2211 2143 2298 Worst Quarter 2488 1231 1796 2008-12-31 1404 1960 -0.2866 213 213 670 670 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsGrowthandIncomeFund column period compact * ~</div> 1154 1154 2298 2488 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsGrowthandIncomeFund column period compact * ~</div> Assuming no redemption Assuming complete redemption at end of period <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 59% of the average value of its portfolio. 0.59 <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (&#8220;Total Assets&#8221;) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund&#8217;s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <b>Principal Risks of the Fund </b> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsGrowthandIncomeFundBarChart column period compact * ~</div> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> -0.2719 0.3239 0.1587 0.0444 0.0614 0.1933 -0.4012 0.5758 0.1863 -0.0406 AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class, B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. -0.0935 -0.1019 -0.0492 -0.0165 0.0388 0.0287 0.0309 0.0244 0.0412 0.0346 0.0344 0.0528 0.0925 0.0854 0.0807 0.0418 1999-05-24 1999-05-24 1999-05-24 1999-05-24 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsMidCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsMidCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsMidCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsMidCapValueFund column period compact * ~</div> <b>Goldman Sachs Mid Cap Value Fund&#8212;Summary </b> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsUSEquityFund column period compact * ~</div> <b>Investment Objective </b> The Goldman Sachs Mid Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 0.055 0 0 0 0 0 0 0 0.01 0.05 0 0 0 0 -0.0744 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 0.23 -0.0381 -0.0165 -0.043 -0.0165 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0069 0.0025 0.0246 0.01 0.0037 0.01 0.0197 0 0.0037 0 0 0.005 2007-11-30 2007-11-30 2007-11-30 2007-11-30 0.0021 0.0021 0.0021 0.0006 0.0056 0.0021 0.0021 0 0 0 0 0.0025 0 0 -0.096 -0.0165 -0.0574 -0.0165 -0.037 -0.0165 -0.0417 -0.0165 0 0 0 0 0.0025 0 0 0.0385 0.0244 0.0021 0.0428 0.0021 0.0021 0.0244 0.0006 0.0548 0.0006 0.0021 0.0244 0.0021 0.0496 0.0244 0.0407 0.0528 0.0393 0.0528 0.0513 0.0528 0.0461 0.0528 0.0927 0.0418 0.0418 0.0892 0.1017 0.0418 0.0962 0.0418 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 1999-05-24 <b>Expense Example </b> 0.0012 total return 2012-09-30 0.1718 Best Quarter 2009-06-30 0.2245 Worst Quarter 2008-12-31 -0.2868 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.18%.<br/><br/>Best Quarter<br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22.45%<br/><br/>Worst Quarter<br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;28.68% <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsGrowthandIncomeFund column period compact * ~</div> total return Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The after-tax returns are for Class A Shares only. The after-tax returns for Class, B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. A contingent deferred sales charge (&#8220;CDSC&#8221;) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. -0.0553 -0.0615 -0.046 -0.0263 -0.0025 -0.0556 -0.0263 -0.0025 -0.0517 -0.0263 -0.0025 -0.0409 -0.0263 -0.0025 -0.0456 -0.0263 -0.0025 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsGrowthOpportunitiesFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsGrowthOpportunitiesFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsGrowthOpportunitiesFund column period compact * ~</div> 0.0389 0.0686 <b>Goldman Sachs Large Cap Value Fund&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Large Cap Value Fund (the &#8220;Fund&#8221;) seeks long-term capital appreciation. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 0.055 0 0 0 0 0 0 0 0.05 0.01 0 0 0 0 0.0072 0.0072 0.0072 0.0072 0.0072 0.0072 0.0072 0.0025 0.01 0.01 0 0 0 0.005 0.0022 0.0022 0.0022 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsGrowthandIncomeFund column period compact * ~</div> 0.0007 0.0057 0.0022 0.0022 0 0 0 0 0.0025 0 0 0 0 0 0 0.0025 0 0 0.0022 0.0022 0.0022 0.0007 0.0007 0.0022 0.0022 0.0119 0.0194 0.0194 0.0079 0.0129 0.0094 0.0144 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsGrowthandIncomeFund column period compact * ~</div> <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/> This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 665 697 297 81 131 96 147 907 909 609 252 409 300 456 1168 1247 1047 439 708 520 787 1914 2070 2264 978 1556 1155 1724 <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 197 197 609 609 1047 1047 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> 2070 2264 <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 123% of the average value of its portfolio. 1.23 <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in large-cap U.S. issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000&#174; Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 1000&#174; Value Index was between $302.4 million and $401.9 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities quoted in foreign currencies.<br/><br/>The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund&#8217;s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN</b> <b>CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2012 was 16.95%.<br/>Best Quarter <br/>Q3 &#8216;09 +15.37%<br/>Worst Quarter <br/>Q4 &#8216;08 &#8211;21.77% -0.1232 0.2495 0.1889 0.0577 0.1844 0.035 -0.3721 0.2476 0.1213 -0.0781 AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2011</b> total return 2012-09-30 0.1695 Best Quarter 2009-09-30 0.1537 Worst Quarter 2008-12-31 -0.2177 The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. -0.1291 -0.1306 -0.0818 0.0039 -0.1304 0.0039 -0.0943 0.0039 -0.0745 0.0039 -0.0789 0.0039 -0.0754 0.0039 -0.0804 0.0039 -0.0263 -0.0359 -0.0263 -0.0311 -0.0263 -0.0422 -0.0263 -0.0459 -0.0263 -0.0383 -0.0493 -0.0458 0.0259 0.0205 0.0213 0.0389 0.0255 0.0389 0.024 0.0389 0.0358 0.0389 0.0309 0.0389 -0.034 -0.052 -0.034 -0.0476 0.0347 0.029 0.0347 0.0337 0.0347 0.022 0.0347 0.0246 0.0347 0.0205 0.0202 0.0249 2007-11-30 2007-11-30 2007-11-30 2007-11-30 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 1999-12-15 A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsLargeCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsLargeCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsLargeCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsLargeCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsLargeCapValueFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsLargeCapValueFund column period compact * ~</div> Assuming complete redemption at end of period Assuming no redemption <b>Goldman Sachs Technology Tollkeeper Fund&#8212;Summary</b> <b>Investment Objective </b> The Goldman Sachs Technology Tollkeeper Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial advisor and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each year as a percentage of the value of your investment)</b> <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br /><br />This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service and/or Class IR Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service and/or Class IR Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 43% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in equity investments in &#8220;Technology Tollkeeper&#8221; companies (as described below). The Fund seeks to achieve its investment objective by investing in equity investments of companies that the Investment Adviser believes are well positioned to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (&#8220;Total Assets&#8221;) in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies. <br /><br />The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. <br /><br />The Fund intends to invest a substantial portion of its assets in companies the Investment Adviser describes as Technology Tollkeeper companies. In general, the Investment Adviser defines a Technology Tollkeeper company as a high-quality technology, media or service company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify Technology Tollkeeper companies that exhibit many of the following characteristics:<ul type="square"><li>Strong brand name</li><li>Dominant market share</li><li>Recurring revenue streams</li><li>Free cash flow generation</li><li>Long product life cycle</li><li>Enduring competitive advantage</li><li>Excellent management</li></ul>To the Investment Adviser, Technology Tollkeeper connotes a promising growth business. Like a toll collector for a highway or bridge, Technology Tollkeeper companies may grow revenue by increasing &#8220;traffic,&#8221; or customers and sales, and raising &#8220;tolls,&#8221; or prices and margins. The Investment Adviser believes that the characteristics of many Technology Tollkeeper companies should enable them to consistently grow their business. The Investment Adviser does not define companies that are capital intensive, low margin businesses as Technology Tollkeeper companies (although the Investment Adviser may invest in such companies as part of the Fund&#8217;s 20% basket of securities which may or may not be Technology Tollkeeper companies). <br /><br />The Internet is an example of a technology that the Investment Adviser believes will drive growth for many Technology Tollkeeper businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology Tollkeeper companies adopting Internet technologies to improve their business model include technology, media and service companies.<br /><br />The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or internet industries. Because of its focus on technology, media and service companies, the Fund&#8217;s investment performance will be closely tied to many factors which affect technology, media and service companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. Technology Tollkeeper securities may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund&#8217;s net asset value (&#8220;NAV&#8221;) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br /><br /><b>Industry Concentration Risk. </b>The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price.<br /><br /><b>Investment Style Risk. </b>Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br /><br /><b>Market Risk. </b>The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions.<br /><br /><b>Mid-Cap and Small-Cap Risk. </b>Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br /><br /><b>Stock Risk. </b>Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.<br /><br /><b>Technology Sector Risk. </b>The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service and Class IR Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus. <br /><br />The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. AVERAGE ANNUAL TOTAL RETURNS<br/><br/><b>For the period ended December 31, 2011</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. 0.055 0 0 0 0 0 0 0.05 0.01 0 0 0 0.01 0.01 0.01 0.01 0.01 0.01 0.0025 0.01 0.01 0 0 0 0.003 0.003 0.003 0.0015 0.0065 0.003 0 0 0 0 0.0025 0 0 0 0 0 0.0025 0 0.003 0.003 0.003 0.0015 0.003 0.0015 0.0155 0.023 0.023 0.0115 0.0165 0.013 -0.0005 -0.0005 -0.0005 -0.0005 -0.0005 -0.0005 0.015 0.0225 0.0225 0.011 0.016 0.0125 694 728 328 112 163 127 1008 1014 714 360 515 407 1344 1426 1226 628 892 708 2290 2444 2632 1393 1950 1563 228 228 714 714 1226 1226 2444 2632 You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial advisor and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. December 29, 2013 0.43 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service and Class IR Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. -0.3932 0.4562 0.1255 0.0191 0.1272 0.2743 -0.454 0.6927 0.2427 -0.1325 total return 2012-09-30 0.2077 Best Quarter 2009-06-30 0.2291 Worst Quarter 2008-12-31 -0.2757 -0.1803 -0.1803 -0.1172 -0.018 -0.1824 -0.018 -0.1472 -0.018 -0.1288 -0.018 -0.1328 -0.018 -0.1302 -0.018 0.0367 0.0367 0.0315 0.0152 0.0373 0.0152 0.0407 0.0152 0.0527 0.0152 0.0479 0.0152 0.0319 0.0319 0.0277 0.0294 0.0315 0.0294 0.03 0.0294 0.042 0.0294 0.0371 0.0294 0.0078 0.0073 0.0064 -0.0043 0.0073 -0.0043 0.0048 -0.0043 0.0165 -0.0043 0.0117 -0.0043 -0.0182 0.0788 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 1999-10-01 2010-09-30 2010-09-30 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsSmall/MidCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsSmall/MidCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsSmall/MidCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsSmall/MidCapGrowthFund column period compact * ~</div> Assuming complete redemption at end of period 661 693 293 77 127 92 143 895 897 240 397 287 443 597 1148 1226 1026 417 686 498 766 1871 2027 2222 930 1511 1108 1680 193 193 597 597 1026 1026 2222 2027 <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 80% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap&#174; Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell Midcap&#174; Value Index was between $302.4 million and $20.2 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund&#8217;s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser&#8217;s outlook based on subsequent events, the Investment Adviser&#8217;s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap&#174; Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. <b>Performance </b> The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. <b>TOTAL RETURN</b><b> CALENDAR YEAR (CLASS A)</b> -0.0511 0.2752 0.2529 0.1244 0.1561 0.0291 -0.3665 0.327 0.2436 -0.0661 total return 2012-09-30 0.1385 Best Quarter 2009-09-30 0.1951 Worst Quarter 2008-12-31 -0.2379 The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.85%. <br/>Best Quarter <br/>Q3 &#8216;09 +19.51% <br/>Worst Quarter <br/>Q4 &#8216;08 &#8211;23.79% -0.1175 -0.1181 -0.0755 -0.0138 -0.0106 -0.0153 -0.0095 0.0004 0.0646 0.0576 0.055 0.0767 0.0695 0.0579 0.0557 0.0783 1997-08-15 1997-08-15 1997-08-15 1997-08-15 -0.0138 -0.1196 -0.0108 0.0004 0.0641 0.0767 0.0694 0.0783 1997-08-15 1997-08-15 -0.0826 -0.0138 -0.0069 0.0004 0.0626 0.0767 0.0659 0.0783 1997-08-15 1997-08-15 -0.0626 -0.0138 0.0047 0.0004 0.0749 0.0767 0.1029 0.0991 1995-08-01 1995-08-01 -0.0671 -0.0138 0.0004 -0.0003 0.0767 0.0697 0.0793 0.0745 1997-07-18 1997-07-18 2009-01-06 -0.0637 -0.0138 -0.0687 -0.0138 0.0012 0.1389 0.1652 2009-01-06 2007-11-30 2007-11-30 The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 58 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 0.8 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsMidCapValueFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsMidCapValueFund column period compact * ~</div> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. <br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. -0.0011 Assuming no redemption Assuming complete redemption at end of period Assuming no redemption The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.77%. <br/><br/>Best Quarter <br/>Q2 &#8216;09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22.91% <br/><br/>Worst Quarter <br/>Q4 &#8216;08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;27.57% 0.0115 0.019 0.019 0.0075 0.0125 0.009 0.014 <b>Goldman Sachs Small/Mid Cap Growth&#8212;Summary </b> <b>Investment Objective </b> The Goldman Sachs Small/Mid Cap Growth Fund (the &#8220;Fund&#8221;) seeks long-term growth of capital. <b>Fees and Expenses of the Fund </b> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). 50000 You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in &#8220;Shareholder Guide&#8212;Common Questions Applicable to the Purchase of Class A Shares&#8221; beginning on page 53 of this Prospectus and &#8220;Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends&#8221; beginning on page B-104 of the Fund&#8217;s Statement of Additional Information (&#8220;SAI&#8221;). <b>Shareholder Fees</b><br/><b>(fees paid directly from your investment)</b> 0 0 0 0 0 0 0.055 0.05 0.01 0 0 0 0 0 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleShareholderFeesGoldmanSachsTechnologyTollkeeperFund column period compact * ~</div> AVERAGE ANNUAL TOTAL RETURN<br/><br/><b><b>For the period ended December 31, 2011</b></b> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualFundOperatingExpensesGoldmanSachsTechnologyTollkeeperFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleTransposedGoldmanSachsTechnologyTollkeeperFund column period compact * ~</div> A contingent deferred sales charge (&#8220;CDSC&#8221;) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. 1993-02-05 1993-02-05 1993-02-05 1993-02-05 1993-02-05 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsTechnologyTollkeeperFund column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsTechnologyTollkeeperFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedGoldmanSachsTechnologyTollkeeperFund column period compact * ~</div> 1996-05-01 1996-05-01 1997-08-15 1997-08-15 1997-08-15 <b>Annual Fund Operating Expenses</b><br/><b>(expenses that you pay each <br/>year as a percentage of the<br/> value of your investment)</b> 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.0025 0.01 0.01 0 0 0 0.005 0.0025 0.0025 0.0025 0.001 0.006 0.0025 0.0025 total return 2012-09-30 0.1308 Best Quarter 2003-06-30 0 0 0 0 0.1997 0.0025 0 0 Worst Quarter 2008-12-31 0 0 0 0 -0.2477 0.0025 0 0 1996-06-03 1996-06-03 0.0025 1996-06-03 0.0025 0.0025 0.001 0.001 0.0025 0.0025 0.015 0.0225 0.0225 0.011 0.016 0.0125 0.0175 -0.0015 -0.0015 -0.0015 -0.0015 -0.0015 -0.0015 -0.0015 1996-03-06 1996-03-06 1996-03-06 0.0135 0.021 0.021 0.0095 0.0145 0.011 0.016 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 December 29, 2013 <b>Expense Example </b> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.<br/><br/>This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same (except that the Example incorporates the fee waiver arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be: Assuming complete redemption at end of period Assuming no redemption 680 713 313 97 148 112 163 984 989 689 335 382 536 490 1310 1391 592 672 935 857 1191 2230 2384 1327 1498 2050 1888 2573 <b>TOTAL RETURN CALENDAR YEAR (CLASS A)</b> <b>Portfolio Turnover </b> The Fund pays transaction costs when it buys and sells securities or instruments (i.e., &#8220;turns over&#8221; its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund&#8217;s performance. The Fund&#8217;s portfolio turnover rate for the fiscal year ended August 31, 2012 was 51% of the average value of its portfolio. <b>Principal Strategy </b> The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (&#8220;Net Assets&#8221;) in a diversified portfolio of equity investments in small and mid-cap issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the range of the market capitalization of companies constituting the Russell 2500<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#174;</sup> Growth Index at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of November 30, 2012, the capitalization range of the Russell 2500<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#174;</sup> Growth Index was between $29.73 million and $9.99 billion. The Fund seeks to achieve its investment objective by investing in equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including issuers in countries with emerging markets or economies (&#8220;emerging countries&#8221;) and securities quoted in foreign currencies.<br/><br/>The Fund&#8217;s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company&#8217;s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund&#8217;s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.<br/><br/>The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations. <b>Principal Risks of the Fund </b> Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.<br/><br/><b>Investment Style Risk.</b> Different investment styles (e.g., &#8220;growth&#8221;, &#8220;value&#8221; or &#8220;quantitative&#8221;) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.<br/><br/><b>Market Risk.</b> The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.<br/><br/><b>Mid-Cap and Small-Cap Risk.</b> Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.<br/><br/><b>Stock Risk.</b> Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future. 0.51 Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) or any government agency. <b>Performance </b> total return 2012-09-30 0.1764 The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.<br/><br/>The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. Best Quarter 2009-09-30 0.1528 Worst Quarter 2008-12-31 <b>TOTAL RETURN <b>CALENDAR YEAR (CLASS A)</b> The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.98%. <br/><br/>Best Quarter <br/>Q2 &#8216;09 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.61% <br/><br/>Worst Quarter <br/>Q4 &#8216;08 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211;27.93% AVERAGE ANNUAL TOTAL RETURN<br/><br/><b>For the period ended December 31, 2011</b> The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. The Fund&#8217;s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. www.goldmansachsfunds.com/performance The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund&#8217;s Class A Shares from year to year; and (b) how the average annual total returns of the Fund&#8217;s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The bar chart (including &#8220;Best Quarter&#8221; and &#8220;Worst Quarter&#8221; information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. total return 2012-09-30 0.1798 Best Quarter 2009-06-30 0.2161 Worst Quarter 2008-12-31 -0.2793 0.1273 0.1885 -0.4008 0.5857 0.2112 -0.0427 -0.0954 -0.1017 -0.0535 -0.0157 -0.0972 -0.0157 -0.0592 -0.0157 -0.0157 -0.0392 -0.0437 -0.0157 -0.0403 -0.0157 -0.045 -0.0157 0.0382 0.0362 0.0288 0.0431 0.0433 0.0288 0.0471 0.0288 0.0592 0.0288 0.054 0.0288 0.0611 0.0567 0.0541 0.052 0.0617 0.0541 0.0617 0.0541 0.074 0.0541 0.0686 0.0541 0.03 0.012 0.0249 0.012 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2005-06-30 2007-11-30 2007-11-30 2007-11-30 2007-11-30 1996-05-01 -0.2047 213 213 689 689 1191 1191 2384 2573 <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleAnnualTotalReturnsGoldmanSachsSmall/MidCapGrowthFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.goldmansachsfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedGoldmanSachsSmall/MidCapGrowthFund column period compact * ~</div> The Fund seeks to achieve its investment objective by investing in equity investments of companies that the Investment Adviser believes are well positioned to benefit from the proliferation of technology. A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.81% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase. A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.044% of the Fund’s average daily net assets through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund. The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.70% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.71% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.054% of the Fund's average daily net assets through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.79% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund’s average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund. The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of no higher than 0.93% as an annual percentage rate of the average daily net assets of the Fund (achieved by applying this rate to the first $2 billion in Fund assets, and the lower contractual rates thereafter); and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect. After Fee Waiver and Expense Limitation The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.90% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase. The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.064% of the Fund's average daily net assets, through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. The Investment Adviser has agreed to waive a portion of its management fees in order to achieve an effective net management fee rate of 0.85% as an annual percentage rate of the average daily net assets of the Fund through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Strategic Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Strategic Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Strategic Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 54% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 54.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.33%.

Best Quarter
Q2 ‘09         +19.20%

Worst Quarter
Q4 ‘08        –28.16%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Strategic Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.51%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.15% [3]
1 Year rr_ExpenseExampleYear01 661
3 Years rr_ExpenseExampleYear03 968
5 Years rr_ExpenseExampleYear05 1,296
10 Years rr_ExpenseExampleYear10 2,223
2002 rr_AnnualReturn2002 (27.47%)
2003 rr_AnnualReturn2003 23.82%
2004 rr_AnnualReturn2004 5.74%
2005 rr_AnnualReturn2005 1.58%
2006 rr_AnnualReturn2006 7.79%
2007 rr_AnnualReturn2007 11.15%
2008 rr_AnnualReturn2008 (40.21%)
2009 rr_AnnualReturn2009 43.47%
2010 rr_AnnualReturn2010 10.53%
2011 rr_AnnualReturn2011 (3.00%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.33%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.20%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.16%)
1 Year rr_AverageAnnualReturnYear01 (8.32%)
5 Years rr_AverageAnnualReturnYear05 (0.71%)
10 Years rr_AverageAnnualReturnYear10 0.03%
Since Inception rr_AverageAnnualReturnSinceInception (0.53%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.26%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.90% [3]
1 Year rr_ExpenseExampleYear01 693
3 Years rr_ExpenseExampleYear03 972
5 Years rr_ExpenseExampleYear05 1,377
10 Years rr_ExpenseExampleYear10 2,378
1 Year rr_ExpenseExampleNoRedemptionYear01 193
3 Years rr_ExpenseExampleNoRedemptionYear03 672
5 Years rr_ExpenseExampleNoRedemptionYear05 1,177
10 Years rr_ExpenseExampleNoRedemptionYear10 2,378
1 Year rr_AverageAnnualReturnYear01 (8.56%)
5 Years rr_AverageAnnualReturnYear05 (0.78%)
10 Years rr_AverageAnnualReturnYear10 (0.02%)
Since Inception rr_AverageAnnualReturnSinceInception (0.55%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.26%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.90% [3]
1 Year rr_ExpenseExampleYear01 293
3 Years rr_ExpenseExampleYear03 672
5 Years rr_ExpenseExampleYear05 1,177
10 Years rr_ExpenseExampleYear10 2,567
1 Year rr_ExpenseExampleNoRedemptionYear01 193
3 Years rr_ExpenseExampleNoRedemptionYear03 672
5 Years rr_ExpenseExampleNoRedemptionYear05 1,177
10 Years rr_ExpenseExampleNoRedemptionYear10 2,567
1 Year rr_AverageAnnualReturnYear01 (4.70%)
5 Years rr_AverageAnnualReturnYear05 (0.35%)
10 Years rr_AverageAnnualReturnYear10 (0.16%)
Since Inception rr_AverageAnnualReturnSinceInception (0.82%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.11%
Other Expenses rr_OtherExpensesOverAssets 0.11%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.75% [3]
1 Year rr_ExpenseExampleYear01 77
3 Years rr_ExpenseExampleYear03 317
5 Years rr_ExpenseExampleYear05 577
10 Years rr_ExpenseExampleYear10 1,319
1 Year rr_AverageAnnualReturnYear01 (2.67%)
5 Years rr_AverageAnnualReturnYear05 0.78%
10 Years rr_AverageAnnualReturnYear10 0.99%
Since Inception rr_AverageAnnualReturnSinceInception 0.31%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.11%
Other Expenses rr_OtherExpensesOverAssets 0.61%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.61%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.25% [3]
1 Year rr_ExpenseExampleYear01 127
3 Years rr_ExpenseExampleYear03 473
5 Years rr_ExpenseExampleYear05 842
10 Years rr_ExpenseExampleYear10 1,881
1 Year rr_AverageAnnualReturnYear01 (3.00%)
5 Years rr_AverageAnnualReturnYear05 0.38%
10 Years rr_AverageAnnualReturnYear10 0.59%
Since Inception rr_AverageAnnualReturnSinceInception (0.07%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.26%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.90% [3]
1 Year rr_ExpenseExampleYear01 92
3 Years rr_ExpenseExampleYear03 364
5 Years rr_ExpenseExampleYear05 657
10 Years rr_ExpenseExampleYear10 1,491
1 Year rr_AverageAnnualReturnYear01 (2.86%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 13.44%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.26%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.76%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.36%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.40% [3]
1 Year rr_ExpenseExampleYear01 143
3 Years rr_ExpenseExampleYear03 519
5 Years rr_ExpenseExampleYear05 920
10 Years rr_ExpenseExampleYear10 2,043
1 Year rr_AverageAnnualReturnYear01 (3.25%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 12.95%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.34%)
5 Years rr_AverageAnnualReturnYear05 (0.73%)
10 Years rr_AverageAnnualReturnYear10 0.02%
Since Inception rr_AverageAnnualReturnSinceInception (0.53%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.38%)
5 Years rr_AverageAnnualReturnYear05 (0.60%)
10 Years rr_AverageAnnualReturnYear10 0.03%
Since Inception rr_AverageAnnualReturnSinceInception (0.45%)
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 0.04%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 0.04%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 0.04%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 0.04%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 0.04%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 16.24%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Strategic Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 16.24%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.71% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
XML 11 R48.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goldman Sachs Growth and Income Fund
Goldman Sachs Growth and Income Fund—Summary
Investment Objective
The Goldman Sachs Growth and Income Fund (the “Fund”) seeks long-term capital appreciation and growth of income.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Growth and Income Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Growth and Income Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.27% 0.27% 0.27% 0.12% 0.62% 0.27% 0.27%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.27% 0.27% 0.27% 0.12% 0.12% 0.27% 0.27%
Total Annual Fund Operating Expenses 1.22% 1.97% 1.97% 0.82% 1.32% 0.97% 1.47%
Fee Waiver [1] (0.03%) (0.03%) (0.03%) (0.03%) (0.03%) (0.03%) (0.03%)
Total Annual Fund Operating Expenses [2] 1.19% 1.94% 1.94% 0.79% 1.29% 0.94% 1.44%
[1] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.054% of the Fund's average daily net assets through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assumingcomplete redemption at end of period
Expense Example Goldman Sachs Growth and Income Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
665 913 1,181 1,944
Class B Shares
697 915 1,260 2,099
Class C Shares
297 615 1,060 2,293
Institutional Shares
81 259 452 1,011
Service Shares
131 415 721 1,588
Class IR Shares
96 306 533 1,187
Class R Shares
147 462 800 1,755
Assumingno redemption
Expense Example, No Redemption Goldman Sachs Growth and Income Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
197 615 1,060 2,099
Class C Shares
197 615 1,060 2,293
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 115% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 65% of its total assets measured at the time of purchase (“Total Assets”) in equity investments that the Investment Adviser considers to have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations, that offer the potential to further the Fund’s investment objective.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.64%.
Best Quarter
Q3 ’09                  +15.28%
Worst Quarter
Q4 ’08                  –20.47%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Growth and Income Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(12.75%) (5.53%) 2.15% 5.11% Feb. 05, 1993
Class A Shares Returns After Taxes on Distributions
(12.94%) (6.15%) 1.60% 4.11% Feb. 05, 1993
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(8.04%) (4.60%) 1.84% 4.08% Feb. 05, 1993
Class A Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 8.32% Feb. 05, 1993
Class A Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 7.70% Feb. 05, 1993
Class B Shares
(12.98%) (5.56%) 2.10% 2.92% May 01, 1996
Class B Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 6.90% May 01, 1996
Class B Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 6.15% May 01, 1996
Class C Shares
(9.29%) (5.17%) 1.96% (0.05%) Aug. 15, 1997
Class C Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 4.96% Aug. 15, 1997
Class C Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 3.99% Aug. 15, 1997
Institutional Shares
(7.30%) (4.09%) 3.13% 3.62% Jun. 03, 1996
Institutional Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 6.86% Jun. 03, 1996
Institutional Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 6.01% Jun. 03, 1996
Service Shares
(7.79%) (4.56%) 2.62% 3.24% Mar. 06, 1996
Service Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 6.84% Mar. 06, 1996
Service Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 6.28% Mar. 06, 1996
Class IR Shares
(7.44%)       (5.61%) Nov. 30, 2007
Class IR Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39%       (3.40%) Nov. 30, 2007
Class IR Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11%       (1.77%) Nov. 30, 2007
Class R Shares
(7.93%)       (6.07%) Nov. 30, 2007
Class R Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39%       (3.40%) Nov. 30, 2007
Class R Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11%       (1.77%) Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 12 R55.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Growth and Income Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Growth and Income Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Growth and Income Fund (the “Fund”) seeks long-term capital appreciation and growth of income.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 115% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 115.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assumingcomplete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assumingno redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 65% of its total assets measured at the time of purchase (“Total Assets”) in equity investments that the Investment Adviser considers to have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations, that offer the potential to further the Fund’s investment objective.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.64%.
Best Quarter
Q3 ’09                  +15.28%
Worst Quarter
Q4 ’08                  –20.47%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Growth and Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.22%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.19% [3]
1 Year rr_ExpenseExampleYear01 665
3 Years rr_ExpenseExampleYear03 913
5 Years rr_ExpenseExampleYear05 1,181
10 Years rr_ExpenseExampleYear10 1,944
2002 rr_AnnualReturn2002 (11.60%)
2003 rr_AnnualReturn2003 23.96%
2004 rr_AnnualReturn2004 18.33%
2005 rr_AnnualReturn2005 3.69%
2006 rr_AnnualReturn2006 22.26%
2007 rr_AnnualReturn2007 1.42%
2008 rr_AnnualReturn2008 (35.43%)
2009 rr_AnnualReturn2009 18.26%
2010 rr_AnnualReturn2010 11.48%
2011 rr_AnnualReturn2011 (7.69%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.64%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.28%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.47%)
1 Year rr_AverageAnnualReturnYear01 (12.75%)
5 Years rr_AverageAnnualReturnYear05 (5.53%)
10 Years rr_AverageAnnualReturnYear10 2.15%
Since Inception rr_AverageAnnualReturnSinceInception 5.11%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Goldman Sachs Growth and Income Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.97%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.94% [3]
1 Year rr_ExpenseExampleYear01 697
3 Years rr_ExpenseExampleYear03 915
5 Years rr_ExpenseExampleYear05 1,260
10 Years rr_ExpenseExampleYear10 2,099
1 Year rr_ExpenseExampleNoRedemptionYear01 197
3 Years rr_ExpenseExampleNoRedemptionYear03 615
5 Years rr_ExpenseExampleNoRedemptionYear05 1,060
10 Years rr_ExpenseExampleNoRedemptionYear10 2,099
1 Year rr_AverageAnnualReturnYear01 (12.98%)
5 Years rr_AverageAnnualReturnYear05 (5.56%)
10 Years rr_AverageAnnualReturnYear10 2.10%
Since Inception rr_AverageAnnualReturnSinceInception 2.92%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Growth and Income Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.97%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.94% [3]
1 Year rr_ExpenseExampleYear01 297
3 Years rr_ExpenseExampleYear03 615
5 Years rr_ExpenseExampleYear05 1,060
10 Years rr_ExpenseExampleYear10 2,293
1 Year rr_ExpenseExampleNoRedemptionYear01 197
3 Years rr_ExpenseExampleNoRedemptionYear03 615
5 Years rr_ExpenseExampleNoRedemptionYear05 1,060
10 Years rr_ExpenseExampleNoRedemptionYear10 2,293
1 Year rr_AverageAnnualReturnYear01 (9.29%)
5 Years rr_AverageAnnualReturnYear05 (5.17%)
10 Years rr_AverageAnnualReturnYear10 1.96%
Since Inception rr_AverageAnnualReturnSinceInception (0.05%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Growth and Income Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.12%
Other Expenses rr_OtherExpensesOverAssets 0.12%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.82%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.79% [3]
1 Year rr_ExpenseExampleYear01 81
3 Years rr_ExpenseExampleYear03 259
5 Years rr_ExpenseExampleYear05 452
10 Years rr_ExpenseExampleYear10 1,011
1 Year rr_AverageAnnualReturnYear01 (7.30%)
5 Years rr_AverageAnnualReturnYear05 (4.09%)
10 Years rr_AverageAnnualReturnYear10 3.13%
Since Inception rr_AverageAnnualReturnSinceInception 3.62%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 1996
Goldman Sachs Growth and Income Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.12%
Other Expenses rr_OtherExpensesOverAssets 0.62%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.32%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.29% [3]
1 Year rr_ExpenseExampleYear01 131
3 Years rr_ExpenseExampleYear03 415
5 Years rr_ExpenseExampleYear05 721
10 Years rr_ExpenseExampleYear10 1,588
1 Year rr_AverageAnnualReturnYear01 (7.79%)
5 Years rr_AverageAnnualReturnYear05 (4.56%)
10 Years rr_AverageAnnualReturnYear10 2.62%
Since Inception rr_AverageAnnualReturnSinceInception 3.24%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 06, 1996
Goldman Sachs Growth and Income Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.97%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.94% [3]
1 Year rr_ExpenseExampleYear01 96
3 Years rr_ExpenseExampleYear03 306
5 Years rr_ExpenseExampleYear05 533
10 Years rr_ExpenseExampleYear10 1,187
1 Year rr_AverageAnnualReturnYear01 (7.44%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (5.61%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth and Income Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.27%
Other Expenses rr_OtherExpensesOverAssets 0.27%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.47%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.44% [3]
1 Year rr_ExpenseExampleYear01 147
3 Years rr_ExpenseExampleYear03 462
5 Years rr_ExpenseExampleYear05 800
10 Years rr_ExpenseExampleYear10 1,755
1 Year rr_AverageAnnualReturnYear01 (7.93%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (6.07%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Returns After Taxes on Distributions | Goldman Sachs Growth and Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (12.94%)
5 Years rr_AverageAnnualReturnYear05 (6.15%)
10 Years rr_AverageAnnualReturnYear10 1.60%
Since Inception rr_AverageAnnualReturnSinceInception 4.11%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Returns After Taxes on Distributions and Sale of Fund Shares | Goldman Sachs Growth and Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.04%)
5 Years rr_AverageAnnualReturnYear05 (4.60%)
10 Years rr_AverageAnnualReturnYear10 1.84%
Since Inception rr_AverageAnnualReturnSinceInception 4.08%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 8.32%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 6.90%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 4.96%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 6.86%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 1996
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 6.84%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 06, 1996
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (3.40%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (3.40%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 7.70%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 05, 1993
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 6.15%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 3.99%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 6.01%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 1996
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 6.28%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 06, 1996
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.77%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Goldman Sachs Growth and Income Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.77%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.054% of the Fund's average daily net assets through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Expense Limitation
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Document Creation Date dei_DocumentCreationDate Dec. 27, 2012
XML 15 R79.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Small Cap Value Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Small Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Small Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 50% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 50.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund’s “Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation” have been restated to reflect the fee waiver and expense limitation currently in effect.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 2000® Value Index was between $42.7 million and $4.8 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, it may also invest in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.08%.
Best Quarter
Q2 ’03 +19.97%
Worst Quarter
Q4 ’08 –24.77%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Small Cap Value Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.44%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.36% [3],[4]
1 Year rr_ExpenseExampleYear01 681
3 Years rr_ExpenseExampleYear03 973
5 Years rr_ExpenseExampleYear05 1,286
10 Years rr_ExpenseExampleYear10 2,173
2002 rr_AnnualReturn2002 (7.58%)
2003 rr_AnnualReturn2003 43.27%
2004 rr_AnnualReturn2004 18.90%
2005 rr_AnnualReturn2005 3.18%
2006 rr_AnnualReturn2006 17.34%
2007 rr_AnnualReturn2007 (5.71%)
2008 rr_AnnualReturn2008 (27.15%)
2009 rr_AnnualReturn2009 27.70%
2010 rr_AnnualReturn2010 25.88%
2011 rr_AnnualReturn2011 0.42%
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.08%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.97%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.77%)
1 Year rr_AverageAnnualReturnYear01 (5.11%)
5 Years rr_AverageAnnualReturnYear05 0.92%
10 Years rr_AverageAnnualReturnYear10 7.15%
Since Inception rr_AverageAnnualReturnSinceInception 9.51%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.11% [3],[4]
1 Year rr_ExpenseExampleYear01 714
3 Years rr_ExpenseExampleYear03 977
5 Years rr_ExpenseExampleYear05 1,367
10 Years rr_ExpenseExampleYear10 2,328
1 Year rr_ExpenseExampleNoRedemptionYear01 214
3 Years rr_ExpenseExampleNoRedemptionYear03 677
5 Years rr_ExpenseExampleNoRedemptionYear05 1,167
10 Years rr_ExpenseExampleNoRedemptionYear10 2,328
1 Year rr_AverageAnnualReturnYear01 (5.31%)
5 Years rr_AverageAnnualReturnYear05 0.91%
10 Years rr_AverageAnnualReturnYear10 7.11%
Since Inception rr_AverageAnnualReturnSinceInception 8.31%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Small Cap Value Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.11% [3],[4]
1 Year rr_ExpenseExampleYear01 314
3 Years rr_ExpenseExampleYear03 677
5 Years rr_ExpenseExampleYear05 1,167
10 Years rr_ExpenseExampleYear10 2,517
1 Year rr_ExpenseExampleNoRedemptionYear01 214
3 Years rr_ExpenseExampleNoRedemptionYear03 677
5 Years rr_ExpenseExampleNoRedemptionYear05 1,167
10 Years rr_ExpenseExampleNoRedemptionYear10 2,517
1 Year rr_AverageAnnualReturnYear01 (1.32%)
5 Years rr_AverageAnnualReturnYear05 1.32%
10 Years rr_AverageAnnualReturnYear10 6.97%
Since Inception rr_AverageAnnualReturnSinceInception 6.98%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.07%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.04%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.96% [3],[4]
1 Year rr_ExpenseExampleYear01 98
3 Years rr_ExpenseExampleYear03 323
5 Years rr_ExpenseExampleYear05 566
10 Years rr_ExpenseExampleYear10 1,264
1 Year rr_AverageAnnualReturnYear01 0.81%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 8.20%
Since Inception rr_AverageAnnualReturnSinceInception 8.22%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.57%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.54%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.46% [3],[4]
1 Year rr_ExpenseExampleYear01 149
3 Years rr_ExpenseExampleYear03 479
5 Years rr_ExpenseExampleYear05 832
10 Years rr_ExpenseExampleYear10 1,828
1 Year rr_AverageAnnualReturnYear01 0.32%
5 Years rr_AverageAnnualReturnYear05 1.99%
10 Years rr_AverageAnnualReturnYear10 7.66%
Since Inception rr_AverageAnnualReturnSinceInception 7.69%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.11% [3],[4]
1 Year rr_ExpenseExampleYear01 113
3 Years rr_ExpenseExampleYear03 370
5 Years rr_ExpenseExampleYear05 647
10 Years rr_ExpenseExampleYear10 1,436
1 Year rr_AverageAnnualReturnYear01 0.67%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 3.93%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.97%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.69%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.08%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.61% [3],[4]
1 Year rr_ExpenseExampleYear01 164
3 Years rr_ExpenseExampleYear03 525
5 Years rr_ExpenseExampleYear05 910
10 Years rr_ExpenseExampleYear10 1,991
1 Year rr_AverageAnnualReturnYear01 0.19%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 3.44%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.38%)
5 Years rr_AverageAnnualReturnYear05 0.14%
10 Years rr_AverageAnnualReturnYear10 6.28%
Since Inception rr_AverageAnnualReturnSinceInception 8.40%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.97%)
5 Years rr_AverageAnnualReturnYear05 0.58%
10 Years rr_AverageAnnualReturnYear10 6.04%
Since Inception rr_AverageAnnualReturnSinceInception 8.04%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05 (1.87%)
10 Years rr_AverageAnnualReturnYear10 6.40%
Since Inception rr_AverageAnnualReturnSinceInception 10.38%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 22, 1992
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05 (1.87%)
10 Years rr_AverageAnnualReturnYear10 6.40%
Since Inception rr_AverageAnnualReturnSinceInception 8.47%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05 (1.87%)
10 Years rr_AverageAnnualReturnYear10 6.40%
Since Inception rr_AverageAnnualReturnSinceInception 7.02%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05 (1.87%)
10 Years rr_AverageAnnualReturnYear10 6.40%
Since Inception rr_AverageAnnualReturnSinceInception 7.02%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05 (1.87%)
10 Years rr_AverageAnnualReturnYear10 6.40%
Since Inception rr_AverageAnnualReturnSinceInception 7.02%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (0.01%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small Cap Value Fund | Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.50%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (0.01%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of no higher than 0.93% as an annual percentage rate of the average daily net assets of the Fund (achieved by applying this rate to the first $2 billion in Fund assets, and the lower contractual rates thereafter); and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.
[4] After Fee Waiver and Expense Limitation
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Growth Opportunities Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Growth Opportunities Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Growth Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 59% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 59.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (“Total Assets”) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.18%.

Best Quarter
Q2 ‘09          22.45%

Worst Quarter
Q4 ‘08        –28.68%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class, B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class, B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Growth Opportunities Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.35% [3]
1 Year rr_ExpenseExampleYear01 680
3 Years rr_ExpenseExampleYear03 966
5 Years rr_ExpenseExampleYear05 1,273
10 Years rr_ExpenseExampleYear10 2,143
2002 rr_AnnualReturn2002 (27.19%)
2003 rr_AnnualReturn2003 32.39%
2004 rr_AnnualReturn2004 15.87%
2005 rr_AnnualReturn2005 4.44%
2006 rr_AnnualReturn2006 6.14%
2007 rr_AnnualReturn2007 19.33%
2008 rr_AnnualReturn2008 (40.12%)
2009 rr_AnnualReturn2009 57.58%
2010 rr_AnnualReturn2010 18.63%
2011 rr_AnnualReturn2011 (4.06%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.18%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.45%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.68%)
1 Year rr_AverageAnnualReturnYear01 (9.35%)
5 Years rr_AverageAnnualReturnYear05 3.88%
10 Years rr_AverageAnnualReturnYear10 4.12%
Since Inception rr_AverageAnnualReturnSinceInception 9.25%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.10% [3]
1 Year rr_ExpenseExampleYear01 713
3 Years rr_ExpenseExampleYear03 970
5 Years rr_ExpenseExampleYear05 1,354
10 Years rr_ExpenseExampleYear10 2,298
1 Year rr_ExpenseExampleNoRedemptionYear01 213
3 Years rr_ExpenseExampleNoRedemptionYear03 670
5 Years rr_ExpenseExampleNoRedemptionYear05 1,154
10 Years rr_ExpenseExampleNoRedemptionYear10 2,298
1 Year rr_AverageAnnualReturnYear01 (9.60%)
5 Years rr_AverageAnnualReturnYear05 3.85%
10 Years rr_AverageAnnualReturnYear10 4.07%
Since Inception rr_AverageAnnualReturnSinceInception 9.27%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.10% [3]
1 Year rr_ExpenseExampleYear01 313
3 Years rr_ExpenseExampleYear03 670
5 Years rr_ExpenseExampleYear05 1,154
10 Years rr_ExpenseExampleYear10 2,488
1 Year rr_ExpenseExampleNoRedemptionYear01 213
3 Years rr_ExpenseExampleNoRedemptionYear03 670
5 Years rr_ExpenseExampleNoRedemptionYear05 1,154
10 Years rr_ExpenseExampleNoRedemptionYear10 2,488
1 Year rr_AverageAnnualReturnYear01 (5.74%)
5 Years rr_AverageAnnualReturnYear05 4.28%
10 Years rr_AverageAnnualReturnYear10 3.93%
Since Inception rr_AverageAnnualReturnSinceInception 8.92%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.01%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.95% [3]
1 Year rr_ExpenseExampleYear01 97
3 Years rr_ExpenseExampleYear03 316
5 Years rr_ExpenseExampleYear05 552
10 Years rr_ExpenseExampleYear10 1,231
1 Year rr_AverageAnnualReturnYear01 (3.70%)
5 Years rr_AverageAnnualReturnYear05 5.48%
10 Years rr_AverageAnnualReturnYear10 5.13%
Since Inception rr_AverageAnnualReturnSinceInception 10.17%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.51%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.45% [3]
1 Year rr_ExpenseExampleYear01 148
3 Years rr_ExpenseExampleYear03 471
5 Years rr_ExpenseExampleYear05 818
10 Years rr_ExpenseExampleYear10 1,796
1 Year rr_AverageAnnualReturnYear01 (4.17%)
5 Years rr_AverageAnnualReturnYear05 4.96%
10 Years rr_AverageAnnualReturnYear10 4.61%
Since Inception rr_AverageAnnualReturnSinceInception 9.62%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.16%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.10% [3]
1 Year rr_ExpenseExampleYear01 112
3 Years rr_ExpenseExampleYear03 363
5 Years rr_ExpenseExampleYear05 633
10 Years rr_ExpenseExampleYear10 1,404
1 Year rr_AverageAnnualReturnYear01 (3.81%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 2.46%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.95%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.66%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.06%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.60% [3]
1 Year rr_ExpenseExampleYear01 163
3 Years rr_ExpenseExampleYear03 518
5 Years rr_ExpenseExampleYear05 897
10 Years rr_ExpenseExampleYear10 1,960
1 Year rr_AverageAnnualReturnYear01 (4.30%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 1.97%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (10.19%)
5 Years rr_AverageAnnualReturnYear05 2.87%
10 Years rr_AverageAnnualReturnYear10 3.46%
Since Inception rr_AverageAnnualReturnSinceInception 8.54%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.92%)
5 Years rr_AverageAnnualReturnYear05 3.09%
10 Years rr_AverageAnnualReturnYear10 3.44%
Since Inception rr_AverageAnnualReturnSinceInception 8.07%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05 2.44%
10 Years rr_AverageAnnualReturnYear10 5.28%
Since Inception rr_AverageAnnualReturnSinceInception 4.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05 2.44%
10 Years rr_AverageAnnualReturnYear10 5.28%
Since Inception rr_AverageAnnualReturnSinceInception 4.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05 2.44%
10 Years rr_AverageAnnualReturnYear10 5.28%
Since Inception rr_AverageAnnualReturnSinceInception 4.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05 2.44%
10 Years rr_AverageAnnualReturnYear10 5.28%
Since Inception rr_AverageAnnualReturnSinceInception 4.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05 2.44%
10 Years rr_AverageAnnualReturnYear10 5.28%
Since Inception rr_AverageAnnualReturnSinceInception 4.18%
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 1999
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 0.37%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Growth Opportunities Fund | Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.65%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 0.37%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.90% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
XML 19 R71.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Mid Cap Value Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Mid Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 80% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 80.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell Midcap® Value Index was between $302.4 million and $20.2 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.85%.
Best Quarter
Q3 ‘09 +19.51%
Worst Quarter
Q4 ‘08 –23.79%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Mid Cap Value Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.15%
1 Year rr_ExpenseExampleYear01 661
3 Years rr_ExpenseExampleYear03 895
5 Years rr_ExpenseExampleYear05 1,148
10 Years rr_ExpenseExampleYear10 1,871
2002 rr_AnnualReturn2002 (5.11%)
2003 rr_AnnualReturn2003 27.52%
2004 rr_AnnualReturn2004 25.29%
2005 rr_AnnualReturn2005 12.44%
2006 rr_AnnualReturn2006 15.61%
2007 rr_AnnualReturn2007 2.91%
2008 rr_AnnualReturn2008 (36.65%)
2009 rr_AnnualReturn2009 32.70%
2010 rr_AnnualReturn2010 24.36%
2011 rr_AnnualReturn2011 (6.61%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.85%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.51%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.79%)
1 Year rr_AverageAnnualReturnYear01 (11.75%)
5 Years rr_AverageAnnualReturnYear05 (1.06%)
10 Years rr_AverageAnnualReturnYear10 6.46%
Since Inception rr_AverageAnnualReturnSinceInception 6.95%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.90%
1 Year rr_ExpenseExampleYear01 693
3 Years rr_ExpenseExampleYear03 897
5 Years rr_ExpenseExampleYear05 1,226
10 Years rr_ExpenseExampleYear10 2,027
1 Year rr_ExpenseExampleNoRedemptionYear01 193
3 Years rr_ExpenseExampleNoRedemptionYear03 597
5 Years rr_ExpenseExampleNoRedemptionYear05 1,026
10 Years rr_ExpenseExampleNoRedemptionYear10 2,027
1 Year rr_AverageAnnualReturnYear01 (11.96%)
5 Years rr_AverageAnnualReturnYear05 (1.08%)
10 Years rr_AverageAnnualReturnYear10 6.41%
Since Inception rr_AverageAnnualReturnSinceInception 6.94%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.90%
1 Year rr_ExpenseExampleYear01 293
3 Years rr_ExpenseExampleYear03 597
5 Years rr_ExpenseExampleYear05 1,026
10 Years rr_ExpenseExampleYear10 2,222
1 Year rr_ExpenseExampleNoRedemptionYear01 193
3 Years rr_ExpenseExampleNoRedemptionYear03 597
5 Years rr_ExpenseExampleNoRedemptionYear05 1,026
10 Years rr_ExpenseExampleNoRedemptionYear10 2,222
1 Year rr_AverageAnnualReturnYear01 (8.26%)
5 Years rr_AverageAnnualReturnYear05 (0.69%)
10 Years rr_AverageAnnualReturnYear10 6.26%
Since Inception rr_AverageAnnualReturnSinceInception 6.59%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.75%
1 Year rr_ExpenseExampleYear01 77
3 Years rr_ExpenseExampleYear03 240
5 Years rr_ExpenseExampleYear05 417
10 Years rr_ExpenseExampleYear10 930
1 Year rr_AverageAnnualReturnYear01 (6.26%)
5 Years rr_AverageAnnualReturnYear05 0.47%
10 Years rr_AverageAnnualReturnYear10 7.49%
Since Inception rr_AverageAnnualReturnSinceInception 10.29%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 1995
Goldman Sachs Mid Cap Value Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.06%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
1 Year rr_ExpenseExampleYear01 127
3 Years rr_ExpenseExampleYear03 397
5 Years rr_ExpenseExampleYear05 686
10 Years rr_ExpenseExampleYear10 1,511
1 Year rr_AverageAnnualReturnYear01 (6.71%)
5 Years rr_AverageAnnualReturnYear05 (0.03%)
10 Years rr_AverageAnnualReturnYear10 6.97%
Since Inception rr_AverageAnnualReturnSinceInception 7.45%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 18, 1997
Goldman Sachs Mid Cap Value Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.90%
1 Year rr_ExpenseExampleYear01 92
3 Years rr_ExpenseExampleYear03 287
5 Years rr_ExpenseExampleYear05 498
10 Years rr_ExpenseExampleYear10 1,108
1 Year rr_AverageAnnualReturnYear01 (6.37%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (0.11%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Mid Cap Value Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.69%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.21%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.40%
1 Year rr_ExpenseExampleYear01 143
3 Years rr_ExpenseExampleYear03 443
5 Years rr_ExpenseExampleYear05 766
10 Years rr_ExpenseExampleYear10 1,680
1 Year rr_AverageAnnualReturnYear01 (6.87%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 13.89%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
Goldman Sachs Mid Cap Value Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (11.81%)
5 Years rr_AverageAnnualReturnYear05 (1.53%)
10 Years rr_AverageAnnualReturnYear10 5.76%
Since Inception rr_AverageAnnualReturnSinceInception 5.79%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (7.55%)
5 Years rr_AverageAnnualReturnYear05 (0.95%)
10 Years rr_AverageAnnualReturnYear10 5.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.57%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 7.67%
Since Inception rr_AverageAnnualReturnSinceInception 7.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 7.67%
Since Inception rr_AverageAnnualReturnSinceInception 7.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 7.67%
Since Inception rr_AverageAnnualReturnSinceInception 7.83%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 7.67%
Since Inception rr_AverageAnnualReturnSinceInception 9.91%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 1995
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 7.67%
Since Inception rr_AverageAnnualReturnSinceInception 7.93%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 18, 1997
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 0.12%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Mid Cap Value Fund | Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.38%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 16.52%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 06, 2009
[1] A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Flexible Cap Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Flexible Cap Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Flexible Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of
the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 32% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 32.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in small-, mid- and large-cap issuers. In addition, under normal circumstances, the Fund expects that approximately 90% of its Net Assets will be invested in such equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 19.31%.

Best Quarter
Q2 ‘09          +20.03%

Worst Quarter
Q3 ‘11          –16.64%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Flexible Cap Growth Fund | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 1.89%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.14%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.88%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.26% [3]
1 Year rr_ExpenseExampleYear01 671
3 Years rr_ExpenseExampleYear03 1,298
5 Years rr_ExpenseExampleYear05 1,949
10 Years rr_ExpenseExampleYear10 3,685
2009 rr_AnnualReturn2009 49.85%
2010 rr_AnnualReturn2010 14.30%
2011 rr_AnnualReturn2011 (5.24%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 19.31%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.03%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.64%)
1 Year rr_AverageAnnualReturnYear01 (10.45%)
Since Inception rr_AverageAnnualReturnSinceInception 1.11%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Class C Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 1.89%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.89%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.88%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.01% [3]
1 Year rr_ExpenseExampleYear01 304
3 Years rr_ExpenseExampleYear03 1,014
5 Years rr_ExpenseExampleYear05 1,842
10 Years rr_ExpenseExampleYear10 3,995
1 Year rr_ExpenseExampleNoRedemptionYear01 204
3 Years rr_ExpenseExampleNoRedemptionYear03 1,014
5 Years rr_ExpenseExampleNoRedemptionYear05 1,842
10 Years rr_ExpenseExampleNoRedemptionYear10 3,995
1 Year rr_AverageAnnualReturnYear01 (6.85%)
Since Inception rr_AverageAnnualReturnSinceInception 1.86%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 1.74%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.74%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.88%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.86% [3]
1 Year rr_ExpenseExampleYear01 88
3 Years rr_ExpenseExampleYear03 671
5 Years rr_ExpenseExampleYear05 1,282
10 Years rr_ExpenseExampleYear10 2,932
1 Year rr_AverageAnnualReturnYear01 (4.90%)
Since Inception rr_AverageAnnualReturnSinceInception 3.00%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Class IR Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 1.89%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.89%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.88%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.01% [3]
1 Year rr_ExpenseExampleYear01 103
3 Years rr_ExpenseExampleYear03 717
5 Years rr_ExpenseExampleYear05 1,357
10 Years rr_ExpenseExampleYear10 3,079
1 Year rr_AverageAnnualReturnYear01 (5.01%)
Since Inception rr_AverageAnnualReturnSinceInception 2.86%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Class R Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 1.89%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.39%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (1.88%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.51% [3]
1 Year rr_ExpenseExampleYear01 154
3 Years rr_ExpenseExampleYear03 867
5 Years rr_ExpenseExampleYear05 1,603
10 Years rr_ExpenseExampleYear10 3,549
1 Year rr_AverageAnnualReturnYear01 (5.46%)
Since Inception rr_AverageAnnualReturnSinceInception 2.35%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Returns After Taxes on Distributions | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (11.20%)
Since Inception rr_AverageAnnualReturnSinceInception 0.57%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.76%)
Since Inception rr_AverageAnnualReturnSinceInception 0.85%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.18%
Since Inception rr_AverageAnnualReturnSinceInception 2.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.18%
Since Inception rr_AverageAnnualReturnSinceInception 2.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.18%
Since Inception rr_AverageAnnualReturnSinceInception 2.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.18%
Since Inception rr_AverageAnnualReturnSinceInception 2.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
Goldman Sachs Flexible Cap Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.18%
Since Inception rr_AverageAnnualReturnSinceInception 2.48%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2008
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.81% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
XML 22 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs U.S. Equity Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs U.S. Equity Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs U.S. Equity Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in the “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 76% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 76.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in the “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in U.S. large-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Standard & Poor’s 500 Index. The Fund may also invest up to 20% of its Net Assets in foreign securities.

The Goldman Sachs Asset Management Growth Team uses fundamental research to find strong business franchises with favorable long-term growth prospects and excellent management. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team’s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund employs both growth and value investment styles, either of which may fall out of favor from time to time. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.84%.

Best Quarter
Q3 ‘10          +10.99%

Worst Quarter
Q3 ‘11          –16.97%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs U.S. Equity Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 2.68%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.63%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (2.45%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.18% [3]
1 Year rr_ExpenseExampleYear01 664
3 Years rr_ExpenseExampleYear03 1,386
5 Years rr_ExpenseExampleYear05 2,128
10 Years rr_ExpenseExampleYear10 4,073
2010 rr_AnnualReturn2010 13.00%
2011 rr_AnnualReturn2011 (5.07%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.84%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.99%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.97%)
1 Year rr_AverageAnnualReturnYear01 (10.30%)
Since Inception rr_AverageAnnualReturnSinceInception 1.85%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 2.68%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 4.38%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (2.45%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.93% [3]
1 Year rr_ExpenseExampleYear01 296
3 Years rr_ExpenseExampleYear03 1,104
5 Years rr_ExpenseExampleYear05 2,024
10 Years rr_ExpenseExampleYear10 4,374
1 Year rr_ExpenseExampleNoRedemptionYear01 196
3 Years rr_ExpenseExampleNoRedemptionYear03 1,104
5 Years rr_ExpenseExampleNoRedemptionYear05 2,024
10 Years rr_ExpenseExampleNoRedemptionYear10 4,374
1 Year rr_AverageAnnualReturnYear01 (6.72%)
Since Inception rr_AverageAnnualReturnSinceInception 3.83%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 2.53%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.23%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (2.45%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.78% [3]
1 Year rr_ExpenseExampleYear01 80
3 Years rr_ExpenseExampleYear03 765
5 Years rr_ExpenseExampleYear05 1,475
10 Years rr_ExpenseExampleYear10 3,362
1 Year rr_AverageAnnualReturnYear01 (4.73%)
Since Inception rr_AverageAnnualReturnSinceInception 5.06%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 2.68%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.38%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (2.45%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.93% [3]
1 Year rr_ExpenseExampleYear01 95
3 Years rr_ExpenseExampleYear03 810
5 Years rr_ExpenseExampleYear05 1,548
10 Years rr_ExpenseExampleYear10 3,501
1 Year rr_AverageAnnualReturnYear01 (4.90%)
Since Inception rr_AverageAnnualReturnSinceInception 4.86%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 2.68%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.88%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (2.45%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.43% [3]
1 Year rr_ExpenseExampleYear01 146
3 Years rr_ExpenseExampleYear03 958
5 Years rr_ExpenseExampleYear05 1,789
10 Years rr_ExpenseExampleYear10 3,950
1 Year rr_AverageAnnualReturnYear01 (5.36%)
Since Inception rr_AverageAnnualReturnSinceInception 4.35%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (10.49%)
Since Inception rr_AverageAnnualReturnSinceInception 1.68%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (6.45%)
Since Inception rr_AverageAnnualReturnSinceInception 1.57%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception 9.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception 9.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception 9.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception 9.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
Goldman Sachs U.S. Equity Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception 9.02%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2009
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.044% of the Fund’s average daily net assets through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Expense Limitation
XML 23 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Capital Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Capital Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Capital Growth Fund (“the Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 55% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 55.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to have long-term capital appreciation potential. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.11%.

Best Quarter
Q2 ‘09          +22.11%

Worst Quarter
Q4 ‘08          –28.66%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Capital Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.48%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.14% [3]
1 Year rr_ExpenseExampleYear01 660
3 Years rr_ExpenseExampleYear03 961
5 Years rr_ExpenseExampleYear05 1,283
10 Years rr_ExpenseExampleYear10 2,194
2002 rr_AnnualReturn2002 (24.90%)
2003 rr_AnnualReturn2003 23.53%
2004 rr_AnnualReturn2004 8.74%
2005 rr_AnnualReturn2005 2.35%
2006 rr_AnnualReturn2006 8.17%
2007 rr_AnnualReturn2007 9.58%
2008 rr_AnnualReturn2008 (42.72%)
2009 rr_AnnualReturn2009 48.22%
2010 rr_AnnualReturn2010 10.83%
2011 rr_AnnualReturn2011 (1.47%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.11%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.11%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.66%)
1 Year rr_AverageAnnualReturnYear01 (6.88%)
5 Years rr_AverageAnnualReturnYear05 (0.84%)
10 Years rr_AverageAnnualReturnYear10 0.69%
Since Inception rr_AverageAnnualReturnSinceInception 7.82%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.23%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.89% [3]
1 Year rr_ExpenseExampleYear01 692
3 Years rr_ExpenseExampleYear03 965
5 Years rr_ExpenseExampleYear05 1,364
10 Years rr_ExpenseExampleYear10 2,348
1 Year rr_ExpenseExampleNoRedemptionYear01 192
3 Years rr_ExpenseExampleNoRedemptionYear03 665
5 Years rr_ExpenseExampleNoRedemptionYear05 1,164
10 Years rr_ExpenseExampleNoRedemptionYear10 2,348
1 Year rr_AverageAnnualReturnYear01 (7.13%)
5 Years rr_AverageAnnualReturnYear05 (0.86%)
10 Years rr_AverageAnnualReturnYear10 0.64%
Since Inception rr_AverageAnnualReturnSinceInception 5.05%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Capital Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.23%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.89% [3]
1 Year rr_ExpenseExampleYear01 292
3 Years rr_ExpenseExampleYear03 665
5 Years rr_ExpenseExampleYear05 1,164
10 Years rr_ExpenseExampleYear10 2,538
1 Year rr_ExpenseExampleNoRedemptionYear01 192
3 Years rr_ExpenseExampleNoRedemptionYear03 665
5 Years rr_ExpenseExampleNoRedemptionYear05 1,164
10 Years rr_ExpenseExampleNoRedemptionYear10 2,538
1 Year rr_AverageAnnualReturnYear01 (3.17%)
5 Years rr_AverageAnnualReturnYear05 (0.45%)
10 Years rr_AverageAnnualReturnYear10 0.51%
Since Inception rr_AverageAnnualReturnSinceInception 2.62%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.08%
Other Expenses rr_OtherExpensesOverAssets 0.08%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.08%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.74% [3]
1 Year rr_ExpenseExampleYear01 76
3 Years rr_ExpenseExampleYear03 310
5 Years rr_ExpenseExampleYear05 563
10 Years rr_ExpenseExampleYear10 1,287
1 Year rr_AverageAnnualReturnYear01 (1.07%)
5 Years rr_AverageAnnualReturnYear05 0.69%
10 Years rr_AverageAnnualReturnYear10 1.67%
Since Inception rr_AverageAnnualReturnSinceInception 3.79%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.08%
Other Expenses rr_OtherExpensesOverAssets 0.58%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.58%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.24% [3]
1 Year rr_ExpenseExampleYear01 126
3 Years rr_ExpenseExampleYear03 466
5 Years rr_ExpenseExampleYear05 828
10 Years rr_ExpenseExampleYear10 1,850
1 Year rr_AverageAnnualReturnYear01 (1.59%)
5 Years rr_AverageAnnualReturnYear05 0.19%
10 Years rr_AverageAnnualReturnYear10 1.16%
Since Inception rr_AverageAnnualReturnSinceInception 3.28%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.23%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.89% [3]
1 Year rr_ExpenseExampleYear01 91
3 Years rr_ExpenseExampleYear03 357
5 Years rr_ExpenseExampleYear05 643
10 Years rr_ExpenseExampleYear10 1,459
1 Year rr_AverageAnnualReturnYear01 (1.21%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.47%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.73%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.39% [3]
1 Year rr_ExpenseExampleYear01 142
3 Years rr_ExpenseExampleYear03 512
5 Years rr_ExpenseExampleYear05 907
10 Years rr_ExpenseExampleYear10 2,013
1 Year rr_AverageAnnualReturnYear01 (1.76%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.96%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (6.90%)
5 Years rr_AverageAnnualReturnYear05 (1.07%)
10 Years rr_AverageAnnualReturnYear10 0.57%
Since Inception rr_AverageAnnualReturnSinceInception 6.21%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.44%)
5 Years rr_AverageAnnualReturnYear05 (0.77%)
10 Years rr_AverageAnnualReturnYear10 0.55%
Since Inception rr_AverageAnnualReturnSinceInception 5.99%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 8.17%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 5.12%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 2.97%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 2.97%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 2.97%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 0.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 0.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 8.55%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 20, 1990
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 6.15%
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 1996
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 3.99%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 3.99%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
Since Inception rr_AverageAnnualReturnSinceInception 3.99%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 15, 1997
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.77%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Capital Growth Fund | S&P 500® Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.77%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.70% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
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Goldman Sachs Large Cap Value Fund
Goldman Sachs Large Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Large Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Large Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Large Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 0.72% 0.72% 0.72% 0.72% 0.72% 0.72% 0.72%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.22% 0.22% 0.22% 0.07% 0.57% 0.22% 0.22%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.22% 0.22% 0.22% 0.07% 0.07% 0.22% 0.22%
Total Annual Fund Operating Expenses 1.19% 1.94% 1.94% 0.79% 1.29% 0.94% 1.44%
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Large Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
665 907 1,168 1,914
Class B Shares
697 909 1,247 2,070
Class C Shares
297 609 1,047 2,264
Institutional Shares
81 252 439 978
Service Shares
131 409 708 1,556
Class IR Shares
96 300 520 1,155
Class R Shares
147 456 787 1,724
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Large Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
197 609 1,047 2,070
Class C Shares
197 609 1,047 2,264
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 123% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in large-cap U.S. issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 1000® Value Index was between $302.4 million and $401.9 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities quoted in foreign currencies.

The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 16.95%.
Best Quarter
Q3 ‘09 +15.37%
Worst Quarter
Q4 ‘08 –21.77%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Large Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(12.91%) (4.58%) 2.59% 2.49% Dec. 15, 1999
Class A Shares Returns After Taxes on Distributions
(13.06%) (4.93%) 2.05% 2.02% Dec. 15, 1999
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(8.18%) (3.83%) 2.13% 2.05% Dec. 15, 1999
Class A Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 3.47% Dec. 15, 1999
Class B Shares
(13.04%) (4.59%) 2.55% 2.46% Dec. 15, 1999
Class B Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 3.47% Dec. 15, 1999
Class C Shares
(9.43%) (4.22%) 2.40% 2.20% Dec. 15, 1999
Class C Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 3.47% Dec. 15, 1999
Institutional Shares
(7.45%) (3.11%) 3.58% 3.37% Dec. 15, 1999
Institutional Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 3.47% Dec. 15, 1999
Service Shares
(7.89%) (3.59%) 3.09% 2.90% Dec. 15, 1999
Service Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39% (2.63%) 3.89% 3.47% Dec. 15, 1999
Class IR Shares
(7.54%)       (4.76%) Nov. 30, 2007
Class IR Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39%       (3.40%) Nov. 30, 2007
Class R Shares
(8.04%)       (5.20%) Nov. 30, 2007
Class R Shares Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes)
0.39%       (3.40%) Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

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XML 28 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Focused Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Focused Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Focused Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(Fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the period ended August 31, 2012 (commenced January 31, 2012) was 23% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 23.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-25 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations.

THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Foreign and Emerging Countries Risk. Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. Loss may also result from, among things, deteriorating economic and business conditions in other countries, including the United States, regional and global conflicts, the imposition of exchange controls, confiscations and other government restrictions, or from problems in registration, settlement or custody. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. To the extent that the Fund also invests in securities of issuers located in emerging countries, these risks may be more pronounced.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-25 companies.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-25 companies.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund commenced operations on January 31, 2012. No performance information for the Fund is provided because the Fund has less than one calendar year of performance as of the date of this Prospectus. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess The Fund commenced operations on January 31, 2012. No performance information for the Fund is provided because the Fund has less than one calendar year of performance as of the date of this Prospectus.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Goldman Sachs Focused Growth Fund | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 15.82%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 17.07%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (15.83%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.24% [3]
1 Year rr_ExpenseExampleYear01 669
3 Years rr_ExpenseExampleYear03 3,625
5 Years rr_ExpenseExampleYear05 5,910
10 Years rr_ExpenseExampleYear10 9,605
Goldman Sachs Focused Growth Fund | Class C Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 15.82%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 17.82%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (15.83%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.99% [3]
1 Year rr_ExpenseExampleYear01 302
3 Years rr_ExpenseExampleYear03 3,418
5 Years rr_ExpenseExampleYear05 5,862
10 Years rr_ExpenseExampleYear10 9,704
1 Year rr_ExpenseExampleNoRedemptionYear01 202
3 Years rr_ExpenseExampleNoRedemptionYear03 3,418
5 Years rr_ExpenseExampleNoRedemptionYear05 5,862
10 Years rr_ExpenseExampleNoRedemptionYear10 9,704
Goldman Sachs Focused Growth Fund | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 15.67%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 16.67%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (15.83%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.84% [3]
1 Year rr_ExpenseExampleYear01 86
3 Years rr_ExpenseExampleYear03 3,165
5 Years rr_ExpenseExampleYear05 5,567
10 Years rr_ExpenseExampleYear10 9,510
Goldman Sachs Focused Growth Fund | Class IR Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 15.82%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 16.82%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (15.83%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.99% [3]
1 Year rr_ExpenseExampleYear01 101
3 Years rr_ExpenseExampleYear03 3,199
5 Years rr_ExpenseExampleYear05 5,607
10 Years rr_ExpenseExampleYear10 9,538
Goldman Sachs Focused Growth Fund | Class R Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 15.82%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 17.32%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (15.83%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.49% [3]
1 Year rr_ExpenseExampleYear01 152
3 Years rr_ExpenseExampleYear03 3,309
5 Years rr_ExpenseExampleYear05 5,736
10 Years rr_ExpenseExampleYear10 9,625
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.79% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund’s average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
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Goldman Sachs Strategic Growth Fund
Goldman Sachs Strategic Growth Fund—Summary
Investment Objective
The Goldman Sachs Strategic Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of the Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Strategic Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Strategic Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.26% 0.26% 0.26% 0.11% 0.61% 0.26% 0.26%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.26% 0.26% 0.26% 0.11% 0.11% 0.26% 0.26%
Total Annual Fund Operating Expenses 1.51% 2.26% 2.26% 1.11% 1.61% 1.26% 1.76%
Fee Waiver and Expense Limitation [1] (0.36%) (0.36%) (0.36%) (0.36%) (0.36%) (0.36%) (0.36%)
Total Annual Fund Operating Expenses [2] 1.15% 1.90% 1.90% 0.75% 1.25% 0.90% 1.40%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.71% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Strategic Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
661 968 1,296 2,223
Class B Shares
693 972 1,377 2,378
Class C Shares
293 672 1,177 2,567
Institutional Shares
77 317 577 1,319
Service Shares
127 473 842 1,881
Class IR Shares
92 364 657 1,491
Class R Shares
143 519 920 2,043
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Strategic Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
193 672 1,177 2,378
Class C Shares
193 672 1,177 2,567
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 54% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.33%.

Best Quarter
Q2 ‘09         +19.20%

Worst Quarter
Q4 ‘08        –28.16%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Strategic Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(8.32%) (0.71%) 0.03% (0.53%) May 24, 1999
Class A Shares Returns After Taxes on Distributions
(8.34%) (0.73%) 0.02% (0.53%) May 24, 1999
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(5.38%) (0.60%) 0.03% (0.45%) May 24, 1999
Class A Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 0.04% May 24, 1999
Class B Shares
(8.56%) (0.78%) (0.02%) (0.55%) May 24, 1999
Class B Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 0.04% May 24, 1999
Class C Shares
(4.70%) (0.35%) (0.16%) (0.82%) May 24, 1999
Class C Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 0.04% May 24, 1999
Institutional Shares
(2.67%) 0.78% 0.99% 0.31% May 24, 1999
Institutional Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 0.04% May 24, 1999
Service Shares
(3.00%) 0.38% 0.59% (0.07%) May 24, 1999
Service Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 0.04% May 24, 1999
Class IR Shares
(2.86%)       13.44% Jan. 06, 2009
Class IR Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%       16.24% Jan. 06, 2009
Class R Shares
(3.25%)       12.95% Jan. 06, 2009
Class R Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%       16.24% Jan. 06, 2009
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs U.S. Equity Fund
Goldman Sachs U.S. Equity Fund—Summary
Investment Objective
The Goldman Sachs U.S. Equity Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in the “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs U.S. Equity Fund
Class A
Class C
Institutional
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none
[1] A contingent deferred sales charge (“CDSC”) of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs U.S. Equity Fund
Class A
Class C
Institutional
Class IR
Class R
Management Fees 0.70% 0.70% 0.70% 0.70% 0.70%
Distribution and Service (12b-1) Fees 0.25% 1.00% none none 0.50%
Other Expenses 2.68% 2.68% 2.53% 2.68% 2.68%
Total Annual Fund Operating Expenses 3.63% 4.38% 3.23% 3.38% 3.88%
Fee Waiver [1] (2.45%) (2.45%) (2.45%) (2.45%) (2.45%)
Total Annual Fund Operating Expenses [2] 1.18% 1.93% 0.78% 0.93% 1.43%
[1] The Investment Adviser has agreed to reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.044% of the Fund’s average daily net assets through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs U.S. Equity Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
664 1,386 2,128 4,073
Class C Shares
296 1,104 2,024 4,374
Institutional Shares
80 765 1,475 3,362
Class IR Shares
95 810 1,548 3,501
Class R Shares
146 958 1,789 3,950
Assuming no redemption
Expense Example, No Redemption (USD $)
1 Year
3 Years
5 Years
10 Years
Goldman Sachs U.S. Equity Fund Class C
196 1,104 2,024 4,374
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 76% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in U.S. large-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Standard & Poor’s 500 Index. The Fund may also invest up to 20% of its Net Assets in foreign securities.

The Goldman Sachs Asset Management Growth Team uses fundamental research to find strong business franchises with favorable long-term growth prospects and excellent management. Investment criteria include dominant market share, positive free cash flow, enduring competitive advantages and sustainable growth. The process also includes a valuation component. The Goldman Sachs Asset Management Value Team’s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. The team uses a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also, but does not currently intend to, invest in fixed income securities, including government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund employs both growth and value investment styles, either of which may fall out of favor from time to time. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.84%.

Best Quarter
Q3 ‘10          +10.99%

Worst Quarter
Q3 ‘11          –16.97%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs U.S. Equity Fund
1 Year
Since Inception
Inception Date
Class A Shares
(10.30%) 1.85% Nov. 30, 2009
Class A Shares Returns After Taxes on Distributions
(10.49%) 1.68% Nov. 30, 2009
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(6.45%) 1.57% Nov. 30, 2009
Class A Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% 9.02% Nov. 30, 2009
Class C Shares
(6.72%) 3.83% Nov. 30, 2009
Class C Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% 9.02% Nov. 30, 2009
Institutional Shares
(4.73%) 5.06% Nov. 30, 2009
Institutional Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% 9.02% Nov. 30, 2009
Class IR Shares
(4.90%) 4.86% Nov. 30, 2009
Class IR Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% 9.02% Nov. 30, 2009
Class R Shares
(5.36%) 4.35% Nov. 30, 2009
Class R Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% 9.02% Nov. 30, 2009
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs Small Cap Value Fund
Goldman Sachs Small Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Small Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Small Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Small Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 0.97% 0.97% 0.97% 0.97% 0.97% 0.97% 0.97%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.22% 0.22% 0.22% 0.07% 0.57% 0.22% 0.22%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.22% 0.22% 0.22% 0.07% 0.07% 0.22% 0.22%
Total Annual Fund Operating Expenses 1.44% 2.19% 2.19% 1.04% 1.54% 1.19% 1.69%
Fee Waiver and Expense Limitation [1] (0.08%) (0.08%) (0.08%) (0.08%) (0.08%) (0.08%) (0.08%)
Total Annual Fund Operating Expenses [2][3] 1.36% 2.11% 2.11% 0.96% 1.46% 1.11% 1.61%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of no higher than 0.93% as an annual percentage rate of the average daily net assets of the Fund (achieved by applying this rate to the first $2 billion in Fund assets, and the lower contractual rates thereafter); and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.
[3] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Small Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
681 973 1,286 2,173
Class B Shares
714 977 1,367 2,328
Class C Shares
314 677 1,167 2,517
Institutional Shares
98 323 566 1,264
Service Shares
149 479 832 1,828
Class IR Shares
113 370 647 1,436
Class R Shares
164 525 910 1,991
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Small Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
214 677 1,167 2,328
Class C Shares
214 677 1,167 2,517
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 50% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 2000® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 2000® Value Index was between $42.7 million and $4.8 billion. Under normal circumstances, the Fund’s investment horizon for ownership of stocks will be two to three years. Although the Fund will invest primarily in publicly traded U.S. securities, it may also invest in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest in companies with public stock market capitalizations outside the range of companies constituting the Russell 2000® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.08%.
Best Quarter
Q2 ’03 +19.97%
Worst Quarter
Q4 ’08 –24.77%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Small Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(5.11%) 0.92% 7.15% 9.51% Oct. 22, 1992
Class A Shares Returns After Taxes on Distributions
(5.38%) 0.14% 6.28% 8.40% Oct. 22, 1992
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(2.97%) 0.58% 6.04% 8.04% Oct. 22, 1992
Class A Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%) (1.87%) 6.40% 10.38% Oct. 22, 1992
Class B Shares
(5.31%) 0.91% 7.11% 8.31% May 01, 1996
Class B Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%) (1.87%) 6.40% 8.47% May 01, 1996
Class C Shares
(1.32%) 1.32% 6.97% 6.98% Aug. 15, 1997
Class C Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%) (1.87%) 6.40% 7.02% Aug. 15, 1997
Institutional Shares
0.81% 2.50% 8.20% 8.22% Aug. 15, 1997
Institutional Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%) (1.87%) 6.40% 7.02% Aug. 15, 1997
Service Shares
0.32% 1.99% 7.66% 7.69% Aug. 15, 1997
Service Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%) (1.87%) 6.40% 7.02% Aug. 15, 1997
Class IR Shares
0.67%       3.93% Nov. 30, 2007
Class IR Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%)       (0.01%) Nov. 30, 2007
Class R Shares
0.19%       3.44% Nov. 30, 2007
Class R Shares Russell 2000® Value Index (reflects no deduction for fees, expenses or taxes)
(5.50%)       (0.01%) Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs Capital Growth Fund
Goldman Sachs Capital Growth Fund—Summary
Investment Objective
The Goldman Sachs Capital Growth Fund (“the Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Capital Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Capital Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.23% 0.23% 0.23% 0.08% 0.58% 0.23% 0.23%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.23% 0.23% 0.23% 0.08% 0.08% 0.23% 0.23%
Total Annual Fund Operating Expenses 1.48% 2.23% 2.23% 1.08% 1.58% 1.23% 1.73%
Fee Waiver and Expense Limitation [1] (0.34%) (0.34%) (0.34%) (0.34%) (0.34%) (0.34%) (0.34%)
Total Annual Fund Operating Expenses [2] 1.14% 1.89% 1.89% 0.74% 1.24% 0.89% 1.39%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.70% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Capital Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
660 961 1,283 2,194
Class B Shares
692 965 1,364 2,348
Class C Shares
292 665 1,164 2,538
Institutional Shares
76 310 563 1,287
Service Shares
126 466 828 1,850
Class IR Shares
91 357 643 1,459
Class R Shares
142 512 907 2,013
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Capital Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
192 665 1,164 2,348
Class C Shares
192 665 1,164 2,538
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 55% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to have long-term capital appreciation potential. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of broad-based securities market indices. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.11%.

Best Quarter
Q2 ‘09          +22.11%

Worst Quarter
Q4 ‘08          –28.66%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Capital Growth Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(6.88%) (0.84%) 0.69% 7.82% Apr. 20, 1990
Class A Shares Returns After Taxes on Distributions
(6.90%) (1.07%) 0.57% 6.21% Apr. 20, 1990
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(4.44%) (0.77%) 0.55% 5.99% Apr. 20, 1990
Class A Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 8.17% Apr. 20, 1990
Class A Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 8.55% Apr. 20, 1990
Class B Shares
(7.13%) (0.86%) 0.64% 5.05% May 01, 1996
Class B Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 5.12% May 01, 1996
Class B Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 6.15% May 01, 1996
Class C Shares
(3.17%) (0.45%) 0.51% 2.62% Aug. 15, 1997
Class C Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 2.97% Aug. 15, 1997
Class C Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 3.99% Aug. 15, 1997
Institutional Shares
(1.07%) 0.69% 1.67% 3.79% Aug. 15, 1997
Institutional Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 2.97% Aug. 15, 1997
Institutional Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 3.99% Aug. 15, 1997
Service Shares
(1.59%) 0.19% 1.16% 3.28% Aug. 15, 1997
Service Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 2.59% 2.97% Aug. 15, 1997
Service Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11% (0.25%) 2.92% 3.99% Aug. 15, 1997
Class IR Shares
(1.21%)       (1.47%) Nov. 30, 2007
Class IR Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%       0.20% Nov. 30, 2007
Class IR Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11%       (1.77%) Nov. 30, 2007
Class R Shares
(1.76%)       (1.96%) Nov. 30, 2007
Class R Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%       0.20% Nov. 30, 2007
Class R Shares S&P 500® Index (reflects no deduction for fees, expenses or taxes)
2.11%       (1.77%) Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs Technology Tollkeeper Fund
Goldman Sachs Technology Tollkeeper Fund—Summary
Investment Objective
The Goldman Sachs Technology Tollkeeper Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial advisor and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Technology Tollkeeper Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none
[1] A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Technology Tollkeeper Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none
Other Expenses 0.30% 0.30% 0.30% 0.15% 0.65% 0.30%
Service Fees none none none none 0.25% none
Shareholder Administration Fees none none none none 0.25% none
All Other Expenses 0.30% 0.30% 0.30% 0.15% 0.15% 0.30%
Total Annual Fund Operating Expenses 1.55% 2.30% 2.30% 1.15% 1.65% 1.30%
Fee Waiver [1] (0.05%) (0.05%) (0.05%) (0.05%) (0.05%) (0.05%)
Total Annual Fund Operating Expenses [2] 1.50% 2.25% 2.25% 1.10% 1.60% 1.25%
[1] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.064% of the Fund's average daily net assets, through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service and/or Class IR Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service and/or Class IR Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Technology Tollkeeper Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
694 1,008 1,344 2,290
Class B Shares
728 1,014 1,426 2,444
Class C Shares
328 714 1,226 2,632
Institutional Shares
112 360 628 1,393
Service Shares
163 515 892 1,950
Class IR Shares
127 407 708 1,563
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Technology Tollkeeper Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
228 714 1,226 2,444
Class C Shares
228 714 1,226 2,632
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 43% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in “Technology Tollkeeper” companies (as described below). The Fund seeks to achieve its investment objective by investing in equity investments of companies that the Investment Adviser believes are well positioned to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (“Total Assets”) in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund intends to invest a substantial portion of its assets in companies the Investment Adviser describes as Technology Tollkeeper companies. In general, the Investment Adviser defines a Technology Tollkeeper company as a high-quality technology, media or service company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify Technology Tollkeeper companies that exhibit many of the following characteristics:
  • Strong brand name
  • Dominant market share
  • Recurring revenue streams
  • Free cash flow generation
  • Long product life cycle
  • Enduring competitive advantage
  • Excellent management
To the Investment Adviser, Technology Tollkeeper connotes a promising growth business. Like a toll collector for a highway or bridge, Technology Tollkeeper companies may grow revenue by increasing “traffic,” or customers and sales, and raising “tolls,” or prices and margins. The Investment Adviser believes that the characteristics of many Technology Tollkeeper companies should enable them to consistently grow their business. The Investment Adviser does not define companies that are capital intensive, low margin businesses as Technology Tollkeeper companies (although the Investment Adviser may invest in such companies as part of the Fund’s 20% basket of securities which may or may not be Technology Tollkeeper companies).

The Internet is an example of a technology that the Investment Adviser believes will drive growth for many Technology Tollkeeper businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology Tollkeeper companies adopting Internet technologies to improve their business model include technology, media and service companies.

The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or internet industries. Because of its focus on technology, media and service companies, the Fund’s investment performance will be closely tied to many factors which affect technology, media and service companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. Technology Tollkeeper securities may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund’s net asset value (“NAV”) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Industry Concentration Risk. The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.

Technology Sector Risk. The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service and Class IR Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.77%.

Best Quarter
Q2 ‘09         22.91%

Worst Quarter
Q4 ‘08       –27.57%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Technology Tollkeeper Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(18.03%) 3.67% 3.19% 0.78% Oct. 01, 1999
Class A Shares Returns After Taxes on Distributions
(18.03%) 3.67% 3.19% 0.73% Oct. 01, 1999
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(11.72%) 3.15% 2.77% 0.64% Oct. 01, 1999
Class A Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%) 1.52% 2.94% (0.43%) Oct. 01, 1999
Class B Shares
(18.24%) 3.73% 3.15% 0.73% Oct. 01, 1999
Class B Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%) 1.52% 2.94% (0.43%) Oct. 01, 1999
Class C Shares
(14.72%) 4.07% 3.00% 0.48% Oct. 01, 1999
Class C Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%) 1.52% 2.94% (0.43%) Oct. 01, 1999
Institutional Shares
(12.88%) 5.27% 4.20% 1.65% Oct. 01, 1999
Institutional Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%) 1.52% 2.94% (0.43%) Oct. 01, 1999
Service Shares
(13.28%) 4.79% 3.71% 1.17% Oct. 01, 1999
Service Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%) 1.52% 2.94% (0.43%) Oct. 01, 1999
Class IR Shares
(13.02%)       (1.82%) Sep. 30, 2010
Class IR Shares NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
(1.80%)       7.88% Sep. 30, 2010
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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XML 36 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Concentrated Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Concentrated Growth Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Concentrated Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 33% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 33.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 30-40 companies.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 30-40 companies.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.08%.

Best Quarter
Q2 ‘09          +20.85%

Worst Quarter
Q4 ‘08          –31.57%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Concentrated Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.57%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.26% [3]
1 Year rr_ExpenseExampleYear01 671
3 Years rr_ExpenseExampleYear03 990
5 Years rr_ExpenseExampleYear05 1,330
10 Years rr_ExpenseExampleYear10 2,290
2003 rr_AnnualReturn2003 24.41%
2004 rr_AnnualReturn2004 3.42%
2005 rr_AnnualReturn2005 3.20%
2006 rr_AnnualReturn2006 9.18%
2007 rr_AnnualReturn2007 13.13%
2008 rr_AnnualReturn2008 (43.91%)
2009 rr_AnnualReturn2009 48.25%
2010 rr_AnnualReturn2010 10.85%
2011 rr_AnnualReturn2011 (3.26%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.08%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.85%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (31.57%)
1 Year rr_AverageAnnualReturnYear01 (8.60%)
5 Years rr_AverageAnnualReturnYear05 (0.98%)
Since Inception rr_AverageAnnualReturnSinceInception 3.65%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.32%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.01% [3]
1 Year rr_ExpenseExampleYear01 704
3 Years rr_ExpenseExampleYear03 995
5 Years rr_ExpenseExampleYear05 1,412
10 Years rr_ExpenseExampleYear10 2,444
1 Year rr_ExpenseExampleNoRedemptionYear01 204
3 Years rr_ExpenseExampleNoRedemptionYear03 695
5 Years rr_ExpenseExampleNoRedemptionYear05 1,212
10 Years rr_ExpenseExampleNoRedemptionYear10 2,444
1 Year rr_AverageAnnualReturnYear01 (8.78%)
5 Years rr_AverageAnnualReturnYear05 (1.02%)
Since Inception rr_AverageAnnualReturnSinceInception 3.61%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.32%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.01% [3]
1 Year rr_ExpenseExampleYear01 304
3 Years rr_ExpenseExampleYear03 695
5 Years rr_ExpenseExampleYear05 1,212
10 Years rr_ExpenseExampleYear10 2,632
1 Year rr_ExpenseExampleNoRedemptionYear01 204
3 Years rr_ExpenseExampleNoRedemptionYear03 695
5 Years rr_ExpenseExampleNoRedemptionYear05 1,212
10 Years rr_ExpenseExampleNoRedemptionYear10 2,632
1 Year rr_AverageAnnualReturnYear01 (4.87%)
5 Years rr_AverageAnnualReturnYear05 (0.60%)
Since Inception rr_AverageAnnualReturnSinceInception 3.48%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.17%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.17%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.86% [3]
1 Year rr_ExpenseExampleYear01 88
3 Years rr_ExpenseExampleYear03 341
5 Years rr_ExpenseExampleYear05 614
10 Years rr_ExpenseExampleYear10 1,393
1 Year rr_AverageAnnualReturnYear01 (2.90%)
5 Years rr_AverageAnnualReturnYear05 0.54%
Since Inception rr_AverageAnnualReturnSinceInception 4.68%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.32%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.01% [3]
1 Year rr_ExpenseExampleYear01 103
3 Years rr_ExpenseExampleYear03 388
5 Years rr_ExpenseExampleYear05 694
10 Years rr_ExpenseExampleYear10 1,563
1 Year rr_AverageAnnualReturnYear01 (3.02%)
Since Inception rr_AverageAnnualReturnSinceInception (2.59%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.82%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.31%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.51% [3]
1 Year rr_ExpenseExampleYear01 154
3 Years rr_ExpenseExampleYear03 542
5 Years rr_ExpenseExampleYear05 956
10 Years rr_ExpenseExampleYear10 2,112
1 Year rr_AverageAnnualReturnYear01 (3.52%)
Since Inception rr_AverageAnnualReturnSinceInception (3.03%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.60%)
5 Years rr_AverageAnnualReturnYear05 (1.21%)
Since Inception rr_AverageAnnualReturnSinceInception 3.39%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.59%)
5 Years rr_AverageAnnualReturnYear05 (0.83%)
Since Inception rr_AverageAnnualReturnSinceInception 3.16%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.99%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.99%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.99%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.99%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 03, 2002
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
Since Inception rr_AverageAnnualReturnSinceInception 0.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Concentrated Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
Since Inception rr_AverageAnnualReturnSinceInception 0.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.81% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Fee Waiver and Expense Limitation
XML 37 R103.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Technology Tollkeeper Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Technology Tollkeeper Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Technology Tollkeeper Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial advisor and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 43% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 43.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial advisor and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service and/or Class IR Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service and/or Class IR Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the expense limitation arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in “Technology Tollkeeper” companies (as described below). The Fund seeks to achieve its investment objective by investing in equity investments of companies that the Investment Adviser believes are well positioned to benefit from the proliferation of technology. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets measured at the time of purchase (“Total Assets”) in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund intends to invest a substantial portion of its assets in companies the Investment Adviser describes as Technology Tollkeeper companies. In general, the Investment Adviser defines a Technology Tollkeeper company as a high-quality technology, media or service company that adopts or uses technology to improve its cost structure, revenue opportunities or competitive advantage. The Investment Adviser seeks to identify Technology Tollkeeper companies that exhibit many of the following characteristics:
  • Strong brand name
  • Dominant market share
  • Recurring revenue streams
  • Free cash flow generation
  • Long product life cycle
  • Enduring competitive advantage
  • Excellent management
To the Investment Adviser, Technology Tollkeeper connotes a promising growth business. Like a toll collector for a highway or bridge, Technology Tollkeeper companies may grow revenue by increasing “traffic,” or customers and sales, and raising “tolls,” or prices and margins. The Investment Adviser believes that the characteristics of many Technology Tollkeeper companies should enable them to consistently grow their business. The Investment Adviser does not define companies that are capital intensive, low margin businesses as Technology Tollkeeper companies (although the Investment Adviser may invest in such companies as part of the Fund’s 20% basket of securities which may or may not be Technology Tollkeeper companies).

The Internet is an example of a technology that the Investment Adviser believes will drive growth for many Technology Tollkeeper businesses. The Internet has had, and is expected to continue to have, a significant impact on the global economy, as it changes the way many companies operate. Benefits of the Internet for businesses may include global scalability, acquisition of new clients, new revenue sources and increased efficiencies. Technology Tollkeeper companies adopting Internet technologies to improve their business model include technology, media and service companies.

The Fund will invest at least 25% of its Total Assets in companies in one or more of the media, telecommunications, technology and/or internet industries. Because of its focus on technology, media and service companies, the Fund’s investment performance will be closely tied to many factors which affect technology, media and service companies. These factors include intense competition, consumer preferences, problems with product compatibility and government regulation. Technology Tollkeeper securities may experience significant price movements caused by disproportionate investor optimism or pessimism with little or no basis in fundamental economic conditions. The Fund may also invest in a relatively few number of issuers. As a result, the Fund’s net asset value (“NAV”) is more likely to have greater fluctuations than that of a fund which is more diversified or invests in other industries.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration The Fund seeks to achieve its investment objective by investing in equity investments of companies that the Investment Adviser believes are well positioned to benefit from the proliferation of technology.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Industry Concentration Risk. The Fund concentrates its investments in specific industry sectors that have historically experienced substantial price volatility. The Fund is subject to greater risk of loss as a result of adverse economic, business or other developments than if its investments were diversified across different industry sectors. Securities of issuers held by the Fund may lack sufficient market liquidity to enable the Fund to sell the securities at an advantageous time or without a substantial drop in price.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.

Technology Sector Risk. The stock prices of technology and technology-related companies and therefore the value of the Fund may experience significant price movements as a result of intense market volatility, worldwide competition, consumer preferences, product compatibility, product obsolescence, government regulation, excessive investor optimism or pessimism, or other factors. The Fund may also invest in a relatively few number of issuers. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and may be more susceptible to greater losses because of these developments.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service and Class IR Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service and Class IR Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.77%.

Best Quarter
Q2 ‘09         22.91%

Worst Quarter
Q4 ‘08       –27.57%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Technology Tollkeeper Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Other Expenses rr_OtherExpensesOverAssets 0.30%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.55%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.50% [3]
1 Year rr_ExpenseExampleYear01 694
3 Years rr_ExpenseExampleYear03 1,008
5 Years rr_ExpenseExampleYear05 1,344
10 Years rr_ExpenseExampleYear10 2,290
2002 rr_AnnualReturn2002 (39.32%)
2003 rr_AnnualReturn2003 45.62%
2004 rr_AnnualReturn2004 12.55%
2005 rr_AnnualReturn2005 1.91%
2006 rr_AnnualReturn2006 12.72%
2007 rr_AnnualReturn2007 27.43%
2008 rr_AnnualReturn2008 (45.40%)
2009 rr_AnnualReturn2009 69.27%
2010 rr_AnnualReturn2010 24.27%
2011 rr_AnnualReturn2011 (13.25%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.77%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.91%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (27.57%)
1 Year rr_AverageAnnualReturnYear01 (18.03%)
5 Years rr_AverageAnnualReturnYear05 3.67%
10 Years rr_AverageAnnualReturnYear10 3.19%
Since Inception rr_AverageAnnualReturnSinceInception 0.78%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Other Expenses rr_OtherExpensesOverAssets 0.30%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.30%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.25% [3]
1 Year rr_ExpenseExampleYear01 728
3 Years rr_ExpenseExampleYear03 1,014
5 Years rr_ExpenseExampleYear05 1,426
10 Years rr_ExpenseExampleYear10 2,444
1 Year rr_ExpenseExampleNoRedemptionYear01 228
3 Years rr_ExpenseExampleNoRedemptionYear03 714
5 Years rr_ExpenseExampleNoRedemptionYear05 1,226
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,444
1 Year rr_AverageAnnualReturnYear01 (18.24%)
5 Years rr_AverageAnnualReturnYear05 3.73%
10 Years rr_AverageAnnualReturnYear10 3.15%
Since Inception rr_AverageAnnualReturnSinceInception 0.73%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Other Expenses rr_OtherExpensesOverAssets 0.30%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.30%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.25% [3]
1 Year rr_ExpenseExampleYear01 328
3 Years rr_ExpenseExampleYear03 714
5 Years rr_ExpenseExampleYear05 1,226
10 Years rr_ExpenseExampleYear10 2,632
1 Year rr_ExpenseExampleNoRedemptionYear01 228
3 Years rr_ExpenseExampleNoRedemptionYear03 714
5 Years rr_ExpenseExampleNoRedemptionYear05 1,226
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,632
1 Year rr_AverageAnnualReturnYear01 (14.72%)
5 Years rr_AverageAnnualReturnYear05 4.07%
10 Years rr_AverageAnnualReturnYear10 3.00%
Since Inception rr_AverageAnnualReturnSinceInception 0.48%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.15%
Other Expenses rr_OtherExpensesOverAssets 0.15%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.15%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.10% [3]
1 Year rr_ExpenseExampleYear01 112
3 Years rr_ExpenseExampleYear03 360
5 Years rr_ExpenseExampleYear05 628
10 Years rr_ExpenseExampleYear10 1,393
1 Year rr_AverageAnnualReturnYear01 (12.88%)
5 Years rr_AverageAnnualReturnYear05 5.27%
10 Years rr_AverageAnnualReturnYear10 4.20%
Since Inception rr_AverageAnnualReturnSinceInception 1.65%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.15%
Other Expenses rr_OtherExpensesOverAssets 0.65%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.65%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.60% [3]
1 Year rr_ExpenseExampleYear01 163
3 Years rr_ExpenseExampleYear03 515
5 Years rr_ExpenseExampleYear05 892
10 Years rr_ExpenseExampleYear10 1,950
1 Year rr_AverageAnnualReturnYear01 (13.28%)
5 Years rr_AverageAnnualReturnYear05 4.79%
10 Years rr_AverageAnnualReturnYear10 3.71%
Since Inception rr_AverageAnnualReturnSinceInception 1.17%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Other Expenses rr_OtherExpensesOverAssets 0.30%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.30%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.25% [3]
1 Year rr_ExpenseExampleYear01 127
3 Years rr_ExpenseExampleYear03 407
5 Years rr_ExpenseExampleYear05 708
10 Years rr_ExpenseExampleYear10 1,563
1 Year rr_AverageAnnualReturnYear01 (13.02%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (1.82%)
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2010
Goldman Sachs Technology Tollkeeper Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (18.03%)
5 Years rr_AverageAnnualReturnYear05 3.67%
10 Years rr_AverageAnnualReturnYear10 3.19%
Since Inception rr_AverageAnnualReturnSinceInception 0.73%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (11.72%)
5 Years rr_AverageAnnualReturnYear05 3.15%
10 Years rr_AverageAnnualReturnYear10 2.77%
Since Inception rr_AverageAnnualReturnSinceInception 0.64%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05 1.52%
10 Years rr_AverageAnnualReturnYear10 2.94%
Since Inception rr_AverageAnnualReturnSinceInception (0.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05 1.52%
10 Years rr_AverageAnnualReturnYear10 2.94%
Since Inception rr_AverageAnnualReturnSinceInception (0.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05 1.52%
10 Years rr_AverageAnnualReturnYear10 2.94%
Since Inception rr_AverageAnnualReturnSinceInception (0.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05 1.52%
10 Years rr_AverageAnnualReturnYear10 2.94%
Since Inception rr_AverageAnnualReturnSinceInception (0.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05 1.52%
10 Years rr_AverageAnnualReturnYear10 2.94%
Since Inception rr_AverageAnnualReturnSinceInception (0.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 1999
Goldman Sachs Technology Tollkeeper Fund | NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.80%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception 7.88%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2010
[1] A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.064% of the Fund's average daily net assets, through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[3] After Expense Limitation
XML 38 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
12 Months Ended
Dec. 28, 2012
Risk/Return:  
Document Type 485BPOS
Document Period End Date Aug. 31, 2012
Registrant Name GOLDMAN SACHS TRUST
Central Index Key 0000822977
Amendment Flag false
Document Creation Date Dec. 27, 2012
Document Effective Date Dec. 27, 2012
Prospectus Date Dec. 28, 2012
XML 39 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goldman Sachs Flexible Cap Growth Fund
Goldman Sachs Flexible Cap Growth Fund—Summary
Investment Objective
The Goldman Sachs Flexible Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Flexible Cap Growth Fund
Class A
Class C
Institutional
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of
the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Flexible Cap Growth Fund
Class A
Class C
Institutional
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% none none 0.50%
Other Expenses 1.89% 1.89% 1.74% 1.89% 1.89%
Total Annual Fund Operating Expenses 3.14% 3.89% 2.74% 2.89% 3.39%
Fee Waiver and Expense Limitation [1] (1.88%) (1.88%) (1.88%) (1.88%) (1.88%)
Total Annual Fund Operating Expenses [2] 1.26% 2.01% 0.86% 1.01% 1.51%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.81% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Flexible Cap Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
671 1,298 1,949 3,685
Class C Shares
304 1,014 1,842 3,995
Institutional Shares
88 671 1,282 2,932
Class IR Shares
103 717 1,357 3,079
Class R Shares
154 867 1,603 3,549
Assuming no redemption
Expense Example, No Redemption (USD $)
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Flexible Cap Growth Fund Class C Shares
204 1,014 1,842 3,995
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 32% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in equity investments in small-, mid- and large-cap issuers. In addition, under normal circumstances, the Fund expects that approximately 90% of its Net Assets will be invested in such equity investments in small-, mid- and large-cap issuers. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for consistent long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities (including high yield fixed income securities), such as government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 19.31%.

Best Quarter
Q2 ‘09          +20.03%

Worst Quarter
Q3 ‘11          –16.64%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Flexible Cap Growth Fund
1 Year
Since Inception
Inception Date
Class A Shares
(10.45%) 1.11% Jan. 31, 2008
Class A Shares Returns After Taxes on Distributions
(11.20%) 0.57% Jan. 31, 2008
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(5.76%) 0.85% Jan. 31, 2008
Class A Shares Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.18% 2.48% Jan. 31, 2008
Class C Shares
(6.85%) 1.86% Jan. 31, 2008
Class C Shares Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.18% 2.48% Jan. 31, 2008
Institutional Shares
(4.90%) 3.00% Jan. 31, 2008
Institutional Shares Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.18% 2.48% Jan. 31, 2008
Class IR Shares
(5.01%) 2.86% Jan. 31, 2008
Class IR Shares Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.18% 2.48% Jan. 31, 2008
Class R Shares
(5.46%) 2.35% Jan. 31, 2008
Class R Shares Russell 3000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.18% 2.48% Jan. 31, 2008
The after-tax returns are for Class A Shares only. The after-tax returns for Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs Growth Opportunities Fund
Goldman Sachs Growth Opportunities Fund—Summary
Investment Objective
The Goldman Sachs Growth Opportunities Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Growth Opportunities Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Growth Opportunities Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 0.95% 0.95% 0.95% 0.95% 0.95% 0.95% 0.95%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.21% 0.21% 0.21% 0.06% 0.56% 0.21% 0.21%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.21% 0.21% 0.21% 0.06% 0.06% 0.21% 0.21%
Total Annual Fund Operating Expenses 1.41% 2.16% 2.16% 1.01% 1.51% 1.16% 1.66%
Fee Waiver and Expense Limitation [1] (0.06%) (0.06%) (0.06%) (0.06%) (0.06%) (0.06%) (0.06%)
Total Annual Fund Operating Expenses [2] 1.35% 2.10% 2.10% 0.95% 1.45% 1.10% 1.60%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.90% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, service fees, shareholder administration fees, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Growth Opportunities Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
680 966 1,273 2,143
Class B Shares
713 970 1,354 2,298
Class C Shares
313 670 1,154 2,488
Institutional Shares
97 316 552 1,231
Service Shares
148 471 818 1,796
Class IR Shares
112 363 633 1,404
Class R Shares
163 518 897 1,960
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Growth Opportunities Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
213 670 1,154 2,298
Class C Shares
213 670 1,154 2,488
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 59% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (“Total Assets”) in equity investments with a primary focus on mid-cap companies. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.18%.

Best Quarter
Q2 ‘09          22.45%

Worst Quarter
Q4 ‘08        –28.68%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Growth Opportunities Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(9.35%) 3.88% 4.12% 9.25% May 24, 1999
Class A Shares Returns After Taxes on Distributions
(10.19%) 2.87% 3.46% 8.54% May 24, 1999
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(4.92%) 3.09% 3.44% 8.07% May 24, 1999
Class A Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%) 2.44% 5.28% 4.18% May 24, 1999
Class B Shares
(9.60%) 3.85% 4.07% 9.27% May 24, 1999
Class B Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%) 2.44% 5.28% 4.18% May 24, 1999
Class C Shares
(5.74%) 4.28% 3.93% 8.92% May 24, 1999
Class C Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%) 2.44% 5.28% 4.18% May 24, 1999
Institutional Shares
(3.70%) 5.48% 5.13% 10.17% May 24, 1999
Institutional Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%) 2.44% 5.28% 4.18% May 24, 1999
Service Shares
(4.17%) 4.96% 4.61% 9.62% May 24, 1999
Service Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%) 2.44% 5.28% 4.18% May 24, 1999
Class IR Shares
(3.81%)       2.46% Nov. 30, 2007
Class IR Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%)       0.37% Nov. 30, 2007
Class R Shares
(4.30%)       1.97% Nov. 30, 2007
Class R Shares Russell Midcap® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.65%)       0.37% Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class, B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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Goldman Sachs Mid Cap Value Fund
Goldman Sachs Mid Cap Value Fund—Summary
Investment Objective
The Goldman Sachs Mid Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Mid Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Mid Cap Value Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 0.69% 0.69% 0.69% 0.69% 0.69% 0.69% 0.69%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.21% 0.21% 0.21% 0.06% 0.56% 0.21% 0.21%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.21% 0.21% 0.21% 0.06% 0.06% 0.21% 0.21%
Total Annual Fund Operating Expenses 1.15% 1.90% 1.90% 0.75% 1.25% 0.90% 1.40%
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Mid Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
661 895 1,148 1,871
Class B Shares
693 897 1,226 2,027
Class C Shares
293 597 1,026 2,222
Institutional Shares
77 240 417 930
Service Shares
127 397 686 1,511
Class IR Shares
92 287 498 1,108
Class R Shares
143 443 766 1,680
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Mid Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
193 597 1,026 2,027
Class C Shares
193 597 1,026 2,222
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 80% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell Midcap® Value Index was between $302.4 million and $20.2 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in companies with public stock market capitalizations outside the range of companies constituting the Russell Midcap® Value Index at the time of investment and in fixed income securities, such as government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 13.85%.
Best Quarter
Q3 ‘09 +19.51%
Worst Quarter
Q4 ‘08 –23.79%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Mid Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A Shares
(11.75%) (1.06%) 6.46% 6.95% Aug. 15, 1997
Class A Shares Returns After Taxes on Distributions
(11.81%) (1.53%) 5.76% 5.79% Aug. 15, 1997
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(7.55%) (0.95%) 5.50% 5.57% Aug. 15, 1997
Class A Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%) 0.04% 7.67% 7.83% Aug. 15, 1997
Class B Shares
(11.96%) (1.08%) 6.41% 6.94% Aug. 15, 1997
Class B Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%) 0.04% 7.67% 7.83% Aug. 15, 1997
Class C Shares
(8.26%) (0.69%) 6.26% 6.59% Aug. 15, 1997
Class C Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%) 0.04% 7.67% 7.83% Aug. 15, 1997
Institutional Shares
(6.26%) 0.47% 7.49% 10.29% Aug. 01, 1995
Institutional Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%) 0.04% 7.67% 9.91% Aug. 01, 1995
Service Shares
(6.71%) (0.03%) 6.97% 7.45% Jul. 18, 1997
Service Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%) 0.04% 7.67% 7.93% Jul. 18, 1997
Class IR Shares
(6.37%)       (0.11%) Nov. 30, 2007
Class IR Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%)       0.12% Nov. 30, 2007
Class R Shares
(6.87%)       13.89% Jan. 06, 2009
Class R Shares Russell Midcap® Value Index (reflects no deduction for fees, expenses or taxes)
(1.38%)       16.52% Jan. 06, 2009
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
XML 43 R63.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Large Cap Value Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Large Cap Value Fund—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Large Cap Value Fund (the “Fund”) seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 123% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 123.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 58 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in large-cap U.S. issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell 1000® Value Index at the time of investment. As of November 30, 2012, the capitalization range of the Russell 1000® Value Index was between $302.4 million and $401.9 billion. Although the Fund will invest primarily in publicly traded U.S. securities, it may invest in foreign securities, including securities quoted in foreign currencies.

The Fund seeks its investment objective by investing in value opportunities that the Investment Adviser defines as companies with identifiable competitive advantages whose intrinsic value is not reflected in the stock price. The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify real economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; and (3) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. The Investment Adviser may decide to sell a position for various reasons, including valuation and price considerations, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 16.95%.
Best Quarter
Q3 ‘09 +15.37%
Worst Quarter
Q4 ‘08 –21.77%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Large Cap Value Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.19%
1 Year rr_ExpenseExampleYear01 665
3 Years rr_ExpenseExampleYear03 907
5 Years rr_ExpenseExampleYear05 1,168
10 Years rr_ExpenseExampleYear10 1,914
2002 rr_AnnualReturn2002 (12.32%)
2003 rr_AnnualReturn2003 24.95%
2004 rr_AnnualReturn2004 18.89%
2005 rr_AnnualReturn2005 5.77%
2006 rr_AnnualReturn2006 18.44%
2007 rr_AnnualReturn2007 3.50%
2008 rr_AnnualReturn2008 (37.21%)
2009 rr_AnnualReturn2009 24.76%
2010 rr_AnnualReturn2010 12.13%
2011 rr_AnnualReturn2011 (7.81%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 16.95%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.37%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.77%)
1 Year rr_AverageAnnualReturnYear01 (12.91%)
5 Years rr_AverageAnnualReturnYear05 (4.58%)
10 Years rr_AverageAnnualReturnYear10 2.59%
Since Inception rr_AverageAnnualReturnSinceInception 2.49%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.94%
1 Year rr_ExpenseExampleYear01 697
3 Years rr_ExpenseExampleYear03 909
5 Years rr_ExpenseExampleYear05 1,247
10 Years rr_ExpenseExampleYear10 2,070
1 Year rr_ExpenseExampleNoRedemptionYear01 197
3 Years rr_ExpenseExampleNoRedemptionYear03 609
5 Years rr_ExpenseExampleNoRedemptionYear05 1,047
10 Years rr_ExpenseExampleNoRedemptionYear10 2,070
1 Year rr_AverageAnnualReturnYear01 (13.04%)
5 Years rr_AverageAnnualReturnYear05 (4.59%)
10 Years rr_AverageAnnualReturnYear10 2.55%
Since Inception rr_AverageAnnualReturnSinceInception 2.46%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.94%
1 Year rr_ExpenseExampleYear01 297
3 Years rr_ExpenseExampleYear03 609
5 Years rr_ExpenseExampleYear05 1,047
10 Years rr_ExpenseExampleYear10 2,264
1 Year rr_ExpenseExampleNoRedemptionYear01 197
3 Years rr_ExpenseExampleNoRedemptionYear03 609
5 Years rr_ExpenseExampleNoRedemptionYear05 1,047
10 Years rr_ExpenseExampleNoRedemptionYear10 2,264
1 Year rr_AverageAnnualReturnYear01 (9.43%)
5 Years rr_AverageAnnualReturnYear05 (4.22%)
10 Years rr_AverageAnnualReturnYear10 2.40%
Since Inception rr_AverageAnnualReturnSinceInception 2.20%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.07%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.79%
1 Year rr_ExpenseExampleYear01 81
3 Years rr_ExpenseExampleYear03 252
5 Years rr_ExpenseExampleYear05 439
10 Years rr_ExpenseExampleYear10 978
1 Year rr_AverageAnnualReturnYear01 (7.45%)
5 Years rr_AverageAnnualReturnYear05 (3.11%)
10 Years rr_AverageAnnualReturnYear10 3.58%
Since Inception rr_AverageAnnualReturnSinceInception 3.37%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.07%
Other Expenses rr_OtherExpensesOverAssets 0.57%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.29%
1 Year rr_ExpenseExampleYear01 131
3 Years rr_ExpenseExampleYear03 409
5 Years rr_ExpenseExampleYear05 708
10 Years rr_ExpenseExampleYear10 1,556
1 Year rr_AverageAnnualReturnYear01 (7.89%)
5 Years rr_AverageAnnualReturnYear05 (3.59%)
10 Years rr_AverageAnnualReturnYear10 3.09%
Since Inception rr_AverageAnnualReturnSinceInception 2.90%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.94%
1 Year rr_ExpenseExampleYear01 96
3 Years rr_ExpenseExampleYear03 300
5 Years rr_ExpenseExampleYear05 520
10 Years rr_ExpenseExampleYear10 1,155
1 Year rr_AverageAnnualReturnYear01 (7.54%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (4.76%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.72%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.22%
Other Expenses rr_OtherExpensesOverAssets 0.22%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.44%
1 Year rr_ExpenseExampleYear01 147
3 Years rr_ExpenseExampleYear03 456
5 Years rr_ExpenseExampleYear05 787
10 Years rr_ExpenseExampleYear10 1,724
1 Year rr_AverageAnnualReturnYear01 (8.04%)
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (5.20%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (13.06%)
5 Years rr_AverageAnnualReturnYear05 (4.93%)
10 Years rr_AverageAnnualReturnYear10 2.05%
Since Inception rr_AverageAnnualReturnSinceInception 2.02%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.18%)
5 Years rr_AverageAnnualReturnYear05 (3.83%)
10 Years rr_AverageAnnualReturnYear10 2.13%
Since Inception rr_AverageAnnualReturnSinceInception 2.05%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 (2.63%)
10 Years rr_AverageAnnualReturnYear10 3.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 15, 1999
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (3.40%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Large Cap Value Fund | Russell 1000® Value Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05   
10 Years rr_AverageAnnualReturnYear10   
Since Inception rr_AverageAnnualReturnSinceInception (3.40%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
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Goldman Sachs Focused Growth Fund
Goldman Sachs Focused Growth Fund—Summary
Investment Objective
The Goldman Sachs Focused Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(Fees paid directly from your investment)
Shareholder Fees Goldman Sachs Focused Growth Fund
Class A
Class C
Institutional
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 1.00% none none none
[1] A contingent deferred sales charge ("CDSC") of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Focused Growth Fund
Class A
Class C
Institutional
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% none none 0.50%
Other Expenses 15.82% 15.82% 15.67% 15.82% 15.82%
Total Annual Fund Operating Expenses 17.07% 17.82% 16.67% 16.82% 17.32%
Fee Waiver and Expense Limitation [1] (15.83%) (15.83%) (15.83%) (15.83%) (15.83%)
Total Annual Fund Operating Expenses [2] 1.24% 1.99% 0.84% 0.99% 1.49%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.79% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit “Other Expenses” (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund’s average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund’s “Other Expenses” may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Class A, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Focused Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
669 3,625 5,910 9,605
Class C Shares
302 3,418 5,862 9,704
Institutional Shares
86 3,165 5,567 9,510
Class IR Shares
101 3,199 5,607 9,538
Class R Shares
152 3,309 5,736 9,625
Assuming no redemption
Expense Example, No Redemption (USD $)
1 Year
3 Years
5 Years
10 Years
Goldman Sachs Focused Growth Fund Class C Shares
202 3,418 5,862 9,704
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the period ended August 31, 2012 (commenced January 31, 2012) was 23% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 20-25 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations.

THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Foreign and Emerging Countries Risk. Foreign securities may be subject to risk of loss because of more or less foreign government regulation, less public information and less economic, political and social stability in the countries in which the Fund invests. Loss may also result from, among things, deteriorating economic and business conditions in other countries, including the United States, regional and global conflicts, the imposition of exchange controls, confiscations and other government restrictions, or from problems in registration, settlement or custody. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. To the extent that the Fund also invests in securities of issuers located in emerging countries, these risks may be more pronounced.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 20-25 companies.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The Fund commenced operations on January 31, 2012. No performance information for the Fund is provided because the Fund has less than one calendar year of performance as of the date of this Prospectus. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Dec. 28, 2012
Goldman Sachs Small/Mid Cap Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Goldman Sachs Small/Mid Cap Growth—Summary
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Goldman Sachs Small/Mid Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each
year as a percentage of the
value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 29, 2013
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 51% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 51.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge (“CDSC”) is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming complete redemption at end of period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming no redemption
Strategy [Heading] rr_StrategyHeading Principal Strategy
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small and mid-cap issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the range of the market capitalization of companies constituting the Russell 2500® Growth Index at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of November 30, 2012, the capitalization range of the Russell 2500® Growth Index was between $29.73 million and $9.99 billion. The Fund seeks to achieve its investment objective by investing in equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.
Risk [Heading] rr_RiskHeading Principal Risks of the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Risk Lose Money [Text] rr_RiskLoseMoney Loss of money is a risk of investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.goldmansachsfunds.com/performance
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.98%.

Best Quarter
Q2 ‘09          21.61%

Worst Quarter
Q4 ‘08        –27.93%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Goldman Sachs Small/Mid Cap Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.50%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.35% [3]
1 Year rr_ExpenseExampleYear01 680
3 Years rr_ExpenseExampleYear03 984
5 Years rr_ExpenseExampleYear05 1,310
10 Years rr_ExpenseExampleYear10 2,230
2006 rr_AnnualReturn2006 12.73%
2007 rr_AnnualReturn2007 18.85%
2008 rr_AnnualReturn2008 (40.08%)
2009 rr_AnnualReturn2009 58.57%
2010 rr_AnnualReturn2010 21.12%
2011 rr_AnnualReturn2011 (4.27%)
Year to Date Return, Label rr_YearToDateReturnLabel total return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.98%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.61%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (27.93%)
1 Year rr_AverageAnnualReturnYear01 (9.54%)
5 Years rr_AverageAnnualReturnYear05 4.31%
Since Inception rr_AverageAnnualReturnSinceInception 6.11%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.25%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.10% [3]
1 Year rr_ExpenseExampleYear01 713
3 Years rr_ExpenseExampleYear03 989
5 Years rr_ExpenseExampleYear05 1,391
10 Years rr_ExpenseExampleYear10 2,384
1 Year rr_ExpenseExampleNoRedemptionYear01 213
3 Years rr_ExpenseExampleNoRedemptionYear03 689
5 Years rr_ExpenseExampleNoRedemptionYear05 1,191
10 Years rr_ExpenseExampleNoRedemptionYear10 2,384
1 Year rr_AverageAnnualReturnYear01 (9.72%)
5 Years rr_AverageAnnualReturnYear05 4.33%
Since Inception rr_AverageAnnualReturnSinceInception 6.17%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.25%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 2.10% [3]
1 Year rr_ExpenseExampleYear01 313
3 Years rr_ExpenseExampleYear03 689
5 Years rr_ExpenseExampleYear05 1,191
10 Years rr_ExpenseExampleYear10 2,573
1 Year rr_ExpenseExampleNoRedemptionYear01 213
3 Years rr_ExpenseExampleNoRedemptionYear03 689
5 Years rr_ExpenseExampleNoRedemptionYear05 1,191
10 Years rr_ExpenseExampleNoRedemptionYear10 2,573
1 Year rr_AverageAnnualReturnYear01 (5.92%)
5 Years rr_AverageAnnualReturnYear05 4.71%
Since Inception rr_AverageAnnualReturnSinceInception 6.17%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.10%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.10%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.95% [3]
1 Year rr_ExpenseExampleYear01 97
3 Years rr_ExpenseExampleYear03 335
5 Years rr_ExpenseExampleYear05 592
10 Years rr_ExpenseExampleYear10 1,327
1 Year rr_AverageAnnualReturnYear01 (3.92%)
5 Years rr_AverageAnnualReturnYear05 5.92%
Since Inception rr_AverageAnnualReturnSinceInception 7.40%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Service
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets 0.25%
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets 0.25%
All Other Expenses rr_Component3OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.60%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.60%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.45% [3]
1 Year rr_ExpenseExampleYear01 148
3 Years rr_ExpenseExampleYear03 490
5 Years rr_ExpenseExampleYear05 857
10 Years rr_ExpenseExampleYear10 1,888
1 Year rr_AverageAnnualReturnYear01 (4.37%)
5 Years rr_AverageAnnualReturnYear05 5.40%
Since Inception rr_AverageAnnualReturnSinceInception 6.86%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.10% [3]
1 Year rr_ExpenseExampleYear01 112
3 Years rr_ExpenseExampleYear03 382
5 Years rr_ExpenseExampleYear05 672
10 Years rr_ExpenseExampleYear10 1,498
1 Year rr_AverageAnnualReturnYear01 (4.03%)
5 Years rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 3.00%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Service Fees rr_Component1OtherExpensesOverAssets none
Shareholder Administration Fees rr_Component2OtherExpensesOverAssets none
All Other Expenses rr_Component3OtherExpensesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.75%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%) [2]
Total Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.60% [3]
1 Year rr_ExpenseExampleYear01 163
3 Years rr_ExpenseExampleYear03 536
5 Years rr_ExpenseExampleYear05 935
10 Years rr_ExpenseExampleYear10 2,050
1 Year rr_AverageAnnualReturnYear01 (4.50%)
5 Years rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 2.49%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Returns After Taxes on Distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (10.17%)
5 Years rr_AverageAnnualReturnYear05 3.82%
Since Inception rr_AverageAnnualReturnSinceInception 5.67%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Returns After Taxes on Distributions and Sale of Fund Shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (5.35%)
5 Years rr_AverageAnnualReturnYear05 3.62%
Since Inception rr_AverageAnnualReturnSinceInception 5.20%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05 2.88%
Since Inception rr_AverageAnnualReturnSinceInception 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05 2.88%
Since Inception rr_AverageAnnualReturnSinceInception 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05 2.88%
Since Inception rr_AverageAnnualReturnSinceInception 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05 2.88%
Since Inception rr_AverageAnnualReturnSinceInception 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Service
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05 2.88%
Since Inception rr_AverageAnnualReturnSinceInception 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2005
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Class IR
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 1.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
Goldman Sachs Small/Mid Cap Growth Fund | Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.57%)
5 Years rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 1.20%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
[2] The Investment Adviser has agreed to waive a portion of its management fees in order to achieve an effective net management fee rate of 0.85% as an annual percentage rate of the average daily net assets of the Fund through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[3] After Fee Waiver
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Goldman Sachs Small/Mid Cap Growth Fund
Goldman Sachs Small/Mid Cap Growth—Summary
Investment Objective
The Goldman Sachs Small/Mid Cap Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 53 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Small/Mid Cap Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each
year as a percentage of the
value of your investment)
Annual Fund Operating Expenses Goldman Sachs Small/Mid Cap Growth Fund
Class A
Class B
Class C
Institutional
Service
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none none 0.50%
Other Expenses 0.25% 0.25% 0.25% 0.10% 0.60% 0.25% 0.25%
Service Fees none none none none 0.25% none none
Shareholder Administration Fees none none none none 0.25% none none
All Other Expenses 0.25% 0.25% 0.25% 0.10% 0.10% 0.25% 0.25%
Total Annual Fund Operating Expenses 1.50% 2.25% 2.25% 1.10% 1.60% 1.25% 1.75%
Fee Waiver [1] (0.15%) (0.15%) (0.15%) (0.15%) (0.15%) (0.15%) (0.15%)
Total Annual Fund Operating Expenses [2] 1.35% 2.10% 2.10% 0.95% 1.45% 1.10% 1.60%
[1] The Investment Adviser has agreed to waive a portion of its management fees in order to achieve an effective net management fee rate of 0.85% as an annual percentage rate of the average daily net assets of the Fund through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangement without the approval of the Board of Trustees.
[2] After Fee Waiver
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Service, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver arrangement for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Small/Mid Cap Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
680 984 1,310 2,230
Class B Shares
713 989 1,391 2,384
Class C Shares
313 689 1,191 2,573
Institutional Shares
97 335 592 1,327
Service Shares
148 490 857 1,888
Class IR Shares
112 382 672 1,498
Class R Shares
163 536 935 2,050
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Small/Mid Cap Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
213 689 1,191 2,384
Class C Shares
213 689 1,191 2,573
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 51% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in small and mid-cap issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) within the range of the market capitalization of companies constituting the Russell 2500® Growth Index at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. As of November 30, 2012, the capitalization range of the Russell 2500® Growth Index was between $29.73 million and $9.99 billion. The Fund seeks to achieve its investment objective by investing in equity investments that are considered by the Investment Adviser to be strategically positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Fund’s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Service, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 17.98%.

Best Quarter
Q2 ‘09          21.61%

Worst Quarter
Q4 ‘08        –27.93%
AVERAGE ANNUAL TOTAL RETURN

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Small/Mid Cap Growth Fund
1 Year
5 Years
Since Inception
Inception Date
Class A Shares
(9.54%) 4.31% 6.11% Jun. 30, 2005
Class A Shares Returns After Taxes on Distributions
(10.17%) 3.82% 5.67% Jun. 30, 2005
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(5.35%) 3.62% 5.20% Jun. 30, 2005
Class A Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%) 2.88% 5.41% Jun. 30, 2005
Class B Shares
(9.72%) 4.33% 6.17% Jun. 30, 2005
Class B Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%) 2.88% 5.41% Jun. 30, 2005
Class C Shares
(5.92%) 4.71% 6.17% Jun. 30, 2005
Class C Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%) 2.88% 5.41% Jun. 30, 2005
Institutional Shares
(3.92%) 5.92% 7.40% Jun. 30, 2005
Institutional Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%) 2.88% 5.41% Jun. 30, 2005
Service Shares
(4.37%) 5.40% 6.86% Jun. 30, 2005
Service Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%) 2.88% 5.41% Jun. 30, 2005
Class IR Shares
(4.03%)    3.00% Nov. 30, 2007
Class IR Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%)    1.20% Nov. 30, 2007
Class R Shares
(4.50%)    2.49% Nov. 30, 2007
Class R Shares Russell 2500® Growth Index (reflects no deduction for fees, expenses or taxes)
(1.57%)    1.20% Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional, Service and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

XML 48 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goldman Sachs Concentrated Growth Fund
Goldman Sachs Concentrated Growth Fund—Summary
Investment Objective
The Goldman Sachs Concentrated Growth Fund (the “Fund”) seeks long-term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts on purchases of Class A Shares if you and your family invest, or agree to invest in the future, at least $50,000 in Goldman Sachs Funds. More information about these and other discounts is available from your financial professional and in “Shareholder Guide—Common Questions Applicable to the Purchase of Class A Shares” beginning on page 71 of this Prospectus and “Other Information Regarding Maximum Sales Charge, Purchases, Redemptions, Exchanges and Dividends” beginning on page B-104 of the Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Goldman Sachs Concentrated Growth Fund
Class A
Class B
Class C
Institutional
Class IR
Class R
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or sale proceeds) [1] none 5.00% 1.00% none none none
[1] A contingent deferred sales charge ("CDSC") is imposed on Class B Shares redeemed within six years of purchase, declining from a rate of 5% in the first year to 1% in the sixth year, and eliminated thereafter. A CDSC of 1% is imposed on Class C Shares redeemed within 12 months of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Goldman Sachs Concentrated Growth Fund
Class A
Class B
Class C
Institutional
Class IR
Class R
Management Fees 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none none 0.50%
Other Expenses 0.32% 0.32% 0.32% 0.17% 0.32% 0.32%
Total Annual Fund Operating Expenses 1.57% 2.32% 2.32% 1.17% 1.32% 1.82%
Fee Waiver and Expense Limitation [1] (0.31%) (0.31%) (0.31%) (0.31%) (0.31%) (0.31%)
Total Annual Fund Operating Expenses [2] 1.26% 2.01% 2.01% 0.86% 1.01% 1.51%
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.81% as an annual percentage rate of the average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.014% of the Fund's average daily net assets. These arrangements will remain in effect through at least December 29, 2013, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] After Fee Waiver and Expense Limitation
Expense Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

This Example assumes that you invest $10,000 in Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares of the Fund for the time periods indicated and then redeem all of your Class A, Class B, Class C, Institutional, Class IR and/or Class R Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (except that the Example incorporates the fee waiver and expense limitation arrangements for only the first year). Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Assuming complete redemption at end of period
Expense Example Goldman Sachs Concentrated Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A Shares
671 990 1,330 2,290
Class B Shares
704 995 1,412 2,444
Class C Shares
304 695 1,212 2,632
Institutional Shares
88 341 614 1,393
Class IR Shares
103 388 694 1,563
Class R Shares
154 542 956 2,112
Assuming no redemption
Expense Example, No Redemption Goldman Sachs Concentrated Growth Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class B Shares
204 695 1,212 2,444
Class C Shares
204 695 1,212 2,632
Portfolio Turnover
The Fund pays transaction costs when it buys and sells securities or instruments (i.e., “turns over” its portfolio). A high rate of portfolio turnover may result in increased transaction costs, including brokerage commissions, which must be borne by the Fund and its shareholders, and is also likely to result in higher short-term capital gains for taxable shareholders. These costs are not reflected in the annual fund operating expenses or in the expense example above, but are reflected in the Fund’s performance. The Fund’s portfolio turnover rate for the fiscal year ended August 31, 2012 was 33% of the average value of its portfolio.
Principal Strategy
The Fund invests, under normal circumstances, at least 90% of its total assets measured at time of purchase (“Total Assets”) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.

The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.

The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.

THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
Principal Risks of the Fund
Loss of money is a risk of investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any government agency. The Fund should not be relied upon as a complete investment program. There can be no assurance that the Fund will achieve its investment objective.

Investment Style Risk. Different investment styles (e.g., “growth”, “value” or “quantitative”) tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Fund may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets.

Mid-Cap and Small-Cap Risk. Investments in mid-capitalization and small-capitalization companies involve greater risks than investments in larger, more established companies. These securities may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity, and these issuers often face greater business risks.

Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest more of its assets in fewer issuers than diversified mutual funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments. Under normal circumstances, the Fund intends to invest in approximately 30-40 companies.

Stock Risk. Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.
Performance
The bar chart and table below provide an indication of the risks of investing in the Fund by showing: (a) changes in the performance of the Fund’s Class A Shares from year to year; and (b) how the average annual total returns of the Fund’s Class A, Class B, Class C, Institutional, Class IR and Class R Shares compare to those of a broad-based securities market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost at www.goldmansachsfunds.com/performance or by calling the appropriate phone number on the back cover of this Prospectus.

The bar chart (including “Best Quarter” and “Worst Quarter” information) does not reflect the sales loads applicable to Class A Shares. If the sales loads were reflected, returns would be less. Performance reflects applicable fee waivers and/or expense limitations in effect during the periods shown.
TOTAL RETURN CALENDAR YEAR (CLASS A)
Bar Chart
The total return for Class A Shares for the 9-month period ended September 30, 2012 was 20.08%.

Best Quarter
Q2 ‘09          +20.85%

Worst Quarter
Q4 ‘08          –31.57%
AVERAGE ANNUAL TOTAL RETURNS

For the period ended December 31, 2011
Average Annual Total Returns Goldman Sachs Concentrated Growth Fund
1 Year
5 Years
Since Inception
Inception Date
Class A Shares
(8.60%) (0.98%) 3.65% Sep. 03, 2002
Class A Shares Returns After Taxes on Distributions
(8.60%) (1.21%) 3.39% Sep. 03, 2002
Class A Shares Returns After Taxes on Distributions and Sale of Fund Shares
(5.59%) (0.83%) 3.16% Sep. 03, 2002
Class A Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 5.99% Sep. 03, 2002
Class B Shares
(8.78%) (1.02%) 3.61% Sep. 03, 2002
Class B Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 5.99% Sep. 03, 2002
Class C Shares
(4.87%) (0.60%) 3.48% Sep. 03, 2002
Class C Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 5.99% Sep. 03, 2002
Institutional Shares
(2.90%) 0.54% 4.68% Sep. 03, 2002
Institutional Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64% 2.50% 5.99% Sep. 03, 2002
Class IR Shares
(3.02%)   (2.59%) Nov. 30, 2007
Class IR Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%   0.20% Nov. 30, 2007
Class R Shares
(3.52%)   (3.03%) Nov. 30, 2007
Class R Shares Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes)
2.64%   0.20% Nov. 30, 2007
The after-tax returns are for Class A Shares only. The after-tax returns for Class B, Class C, Institutional and Class IR Shares, and returns for Class R Shares (which are offered exclusively to retirement plans), will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. In addition, the after-tax returns shown are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
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