0001193125-21-059222.txt : 20210226 0001193125-21-059222.hdr.sgml : 20210226 20210226113858 ACCESSION NUMBER: 0001193125-21-059222 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210226 DATE AS OF CHANGE: 20210226 EFFECTIVENESS DATE: 20210226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS VARIABLE INSURANCE TRUST CENTRAL INDEX KEY: 0001046292 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 333-35883 FILM NUMBER: 21685527 BUSINESS ADDRESS: STREET 1: 71 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126554400 MAIL ADDRESS: STREET 1: 200 WEST STREET CITY: NEW YORK STATE: NY ZIP: 10282 0001046292 S000009353 Goldman Sachs Core Fixed Income Fund C000025636 Service C000128922 Institutional 497K 1 d131872d497k.htm GOLDMAN SACHS VARIABLE INSURANCE TRUST Goldman Sachs Variable Insurance Trust

GOLDMAN SACHS VARIABLE INSURANCE TRUST

Institutional and Service Shares of the

Goldman Sachs Core Fixed Income Fund

(the “Fund”)

Supplement dated February 26, 2021 to the Prospectuses, Summary Prospectuses and Statement of Additional Information (“SAI”),

each dated April 29, 2020, as supplemented to date

The Board of Trustees of the Goldman Sachs Variable Insurance Trust has recently approved a change in the investment objectives of the Fund. These changes will become effective on April 30, 2021.

The Fund’s current investment objective is to seek a total return consisting of capital appreciation and income that exceeds the total return of the Bloomberg Barclays U.S. Aggregate Bond Index. The Fund’s new investment objective will be to seek a total return consisting of capital appreciation and income.

Accordingly, on April 30, 2021, the Fund’s Prospectuses, Summary Prospectuses and SAI are revised as follows:

The following replaces in its entirety the paragraph under “Goldman Sachs Core Fixed Income Fund—Summary—Investment Objective” in the Prospectuses and the paragraph under “Investment Objective” in the Summary Prospectuses:

The Goldman Sachs Core Fixed Income Fund (the “Fund”) seeks a total return consisting of capital appreciation and income.

The following replaces in its entirety the paragraph under “Investment Management Approach—Investment Objective” in the Prospectuses:

The Fund seeks a total return consisting of capital appreciation and income. The Fund’s investment objective may be changed without shareholder approval upon 60 days’ notice.

The following replaces in its entirety the first sentence of the first paragraph under “Investment Objectives and Policies—Information About the Core Fixed Income Fund” in the SAI:

The Core Fixed Income Fund is designed for investors seeking a total return consisting of capital appreciation and income.

This supplement should be retained with your Prospectuses, Summary Prospectuses and SAI for future reference.

 

VITCFISTK-21