Goldman Sachs ETF Accelerator announces first fund launched in EMEA through the platform

BERLIN, June 27, 2024 – Goldman Sachs announced today the launch of the first fund by a client in EMEA through its ETF Accelerator. The new AI-driven equity ETF, listed on the German market as AI-Enhanced Eurozone Equities UCITS ETF (ISIN: IE000979OT00), targets institutional and semi-institutional investors, as well as private investors.

Ultramarin GmBH, a deep-tech company specializing in AI-based prediction models, designed the investment strategy for the XETRA-listed fund. Baader Bank AG serves as the fund’s investment manager.

This announcement marks the first European fund launched through Goldman Sachs ETF Accelerator, an institutional solution enabling clients to efficiently launch, list, and manage their ETFs. To date, six funds have been launched through this platform with assets exceeding $3 billion.

“As we continue to scale the business and expand our global footprint, we are proud to announce the first fund launched through the platform in Europe and to have supported Ultramarin and Baader Bank in bringing this ETF to market,” said Lisa Mantil, Global Head of Goldman Sachs ETF Accelerator. “We look forward to continuing to scale the platform and provide our clients around the world with the expertise and infrastructure needed to enter the fast-growing ETF space.”

To learn more about Goldman Sachs ETF Accelerator, visit: https://etfaccelerator.gs.com/

About Goldman Sachs:

Goldman Sachs is a leading global financial institution delivering a broad range of financial services to corporations, financial institutions, governments, and individuals. Founded in 1869 and headquartered in New York, it maintains offices in all major financial centers worldwide.

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