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With effect from 14th July 2011, both Benchmark Asset Management Company Private Limited (BAMC)
and Benchmark Trustee Company Private Limited (BTC) are a part of the Goldman Sachs group. Goldman Sachs is
a leading global investment banking, securities and investment management firm that provides a wide range of services
worldwide to a substantial and diversified client base that includes corporations, financial institutions,
governments and high-net-worth individuals. Founded in 1869, Goldman Sachs is one of the oldest and largest
investment banking firms. The entire share capital of BAMC is held by Goldman Sachs Asset Management (India)
Private Limited (the asset management company of Goldman Sachs Mutual Fund) and another Goldman Sachs group
company, whereas the entire share capital of BTC is held by Goldman Sachs Trustee Company (India) Private Limited
(the trustee company of Goldman Sachs Mutual Fund) and another Goldman Sachs group company.
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GS Bank BeES
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Overview
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Objectives
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The investment objective of GS Bank BeES is to provide returns that, before expenses,
closely correspond to the total returns of securities as represented by CNX Bank
Index.
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Each unit of GS Bank BeES is approximately 1/10th of the CNX Bank Index.
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GS Bank BeES is listed and traded on the NSE -Capital Market Segment and is settled
in the Rolling Segment on T+2 basis.
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GS Bank BeES is listed and traded on NSE and is settled in rolling settlement on T+2
basis.
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GS Bank BeES can settled only in electronic (demat) mode.
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About GS Bank BeES
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Type of Fund
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Open Ended Exchange Traded Index Fund
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Investment
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Invests in underlying securities of CNX Bank Index
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Country of Investment
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India
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Taxation Treatment
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Equity
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Managers
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Goldman Sachs Asset Management (India) Private Limited
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Fund Manager
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Vishal Jain
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Benchmark Index
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CNX Bank Index
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Exchange Listed
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National Stock Exchange
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Fund Inception Date
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May 27, 2004
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Listing Date
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June 4, 2004
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NSE Symbol
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BANKBEES
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BSE Code
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590106
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Pricing (Per Unit)
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1/10th of Index
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Minimum Lot (Exchange)
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One unit/share
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Minimum Lot (Directly with Fund as per Creation Unit)
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10,000
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Expense Ratio
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0.50% annualised
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Entry / Exit Load
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Nil
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ISIN
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INF732E01078
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Reuters Code
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BBES.NS
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Reuters Intra-day Indicative NAV
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BEES01
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Bloomberg Code
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BBEES IN Equity
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Bloomberg Intra-day Indicative NAV
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BMFI
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Values as on : 05/17/13 3:38:06 PM
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