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        <fairValLevel>1</fairValLevel>
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        <name>Goldman Sachs MarketBeta International Equity ETF</name>
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        <name>Health Care Select Sector SPDR Fund</name>
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        <name>Morgan Stanley &amp; Co. LLC</name>
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        <name>Goldman Sachs International Small Cap Insights Fund</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF</name>
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        <name>Chicago Mercantile Exchange</name>
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    <explntrNotes>

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    <signature>
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      <ncom:nameOfApplicant>GOLDMAN SACHS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Peter Fortner</ncom:signature>
      <ncom:signerName>Peter Fortner</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
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</edgarSubmission>
