# Goldman Sachs Alpha Enhanced Emerging Markets Equity Active UCITS ETF AccumUSD (GQME)

**Page:** https://fundology.uk/fund/gqme · ISIN IE000KEFZYE7

## 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, GQME (Goldman Sachs Alpha Enhanced Emerging Markets Equity Active UCITS ETF AccumUSD, ISIN IE000KEFZYE7) closed at £20.55 on the London Stock Exchange. Its ongoing charge is 1.27% a year (about £127 on £10,000). Over the year to 13/11/2026 its total return was +18.9%, or +14.7% after UK CPIH inflation.

## Summary

Goldman Sachs Alpha Enhanced Emerging Markets Equity Active UCITS ETF AccumUSD 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 1.27% a year — about £127 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: **£20.55** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GQME |
| ISIN | IE000KEFZYE7 |
| Also listed as | GQEM (London Stock Exchange, US dollars) |
| Category | Emerging markets |
| Type | ETF |
| Provider | Goldman Sachs |
| Income | Accumulating |
| Ongoing charge | 1.27% a year (£127 per £10,000) |
| Fund size | £313m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 24/06/2025 |

## 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 | +18.90% | +14.69% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Goldman Sachs Alpha Enhanced Emerging Markets Equity Active UCITS ETF AccumUSD 1.27% a year. Compared on 14/11/2026, 0 of the 151 other emerging-market share funds charge more, 0 the same and 151 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.27%** 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 GQME?**

The ongoing charge of GQME is 1.27% a year — about £127 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 Emerging Markets Equity Active UCITS ETF AccumUSD 1.27% a year. Compared on 14/11/2026, 0 of the 151 other emerging-market share funds charge more, 0 the same and 151 less (share classes counted once).

**Is GQME accumulating or distributing?**

GQME 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 GQME?**

The ISIN of GQME is IE000KEFZYE7. An ISIN identifies one exact share class of a fund; GQME is its ticker on the London Stock Exchange. The same share class is also listed as GQEM (London Stock Exchange, US dollars).

**How has GQME done after inflation?**

Over the year to 13/11/2026 GQME’s total return was +18.9%, or +14.7% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.