# Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR (GQEU) **Page:** https://fundology.uk/fund/gqeu · ISIN IE000RITWOD4 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, GQEU (Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR, ISIN IE000RITWOD4) closed at £9.73 on the London Stock Exchange. Its ongoing charge is 0.77% a year (about £77 on £10,000). Over the year to 13/11/2026 its total return was +9.4%, or +5.6% after UK CPIH inflation. ## Summary Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR is an exchange-traded fund (ETF) from Goldman Sachs, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.77% a year — about £77 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£9.73** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GQEU | | ISIN | IE000RITWOD4 | | Category | European shares | | Type | ETF | | Provider | Goldman Sachs | | Income | Accumulating | | Ongoing charge | 0.77% a year (£77 per £10,000) | | Fund size | £547m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 07/05/2025 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +9.44% | +5.57% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +9.1%. Returns of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +13.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +9.1% | +5.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.42% | -11.22% | ## Largest fall Volatility of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR in pounds, annualised from weekly returns to 13/11/2026: 13.4% over 1 year. Largest fall in the price of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR since May 2025, in pounds: −11.2% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR was 1.7% below its highest weekly close since May 2025 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR 0.77% a year. Compared on 14/11/2026, 0 of the 242 other European share funds charge more, 0 the same and 242 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.77%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of GQEU?** The ongoing charge of GQEU is 0.77% a year — about £77 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF AccumEUR 0.77% a year. Compared on 14/11/2026, 0 of the 242 other European share funds charge more, 0 the same and 242 less (share classes counted once). **Is GQEU accumulating or distributing?** GQEU is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of GQEU?** The ISIN of GQEU is IE000RITWOD4. An ISIN identifies one exact share class of a fund; GQEU is its ticker on the London Stock Exchange. **What were GQEU’s returns in each of the last five years?** Calendar-year returns of GQEU in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +9.1%. Past performance is not a guide to future returns. **How has GQEU done after inflation?** Over the year to 13/11/2026 GQEU’s total return was +9.4%, or +5.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.