1. What is this remediation about?

Recently, an error in the accounting for the accrual of foreign capital gains taxes on net unrealized capital gains relating to Indian securities held by the GQG Partners International Opportunities Fund (the “Fund”) was identified. The error resulted in an overstatement of the Fund’s net assets and net unrealized gains (“NAV error”). From December 5, 2023 through December 11, 2024, the error exceeded the established threshold under the Fund’s NAV error correction policy, requiring reprocessing of impacted shareholder accounts. The Fund is in the process of reprocessing shareholder transactions effected from December 5, 2023, through December 11, 2024 (the “Remediation Period”). GSAM has reconfirmed with the 3rd party fund administration team the process to be used in the accounting for the accruals of foreign capital gains taxes relating to Indian securities and adopted additional review procedures surrounding the accounting of such accruals.

2. What is the Remediation Period for those who may have been impacted by this remediation?

The Remediation Period is from December 5, 2023 - December 11, 2024.

3. Why did I receive shares?

Impacted shareholders that were invested in the Fund on the Reprocessing Date, i.e., “Open Accounts”, will generally receive Remediation Shares in the Fund to remediate their account via fund direct accounts or through their intermediary accounts.

You received these Remediation Shares because you were identified as an impacted investor. The shares you received were provided in full satisfaction of any claim you may have in connection with this matter.

4. Why did I receive a payment?

There are two scenarios in which an impacted shareholder would receive a payment instead of Remediation Shares.

  1. Impacted shareholders that were invested in the Fund on the Reprocessing Date, i.e., “Open Accounts”, will generally receive Remediation Shares in the Fund to remediate their account. If we received an instruction to redeem such Remediation Shares from your intermediary, then you will receive the value of the Remediation Shares as of the close of the New York Stock Exchange on the Reprocessing Date in cash instead of Remediation Shares.
  2. Impacted investors that fully redeemed their position in the Fund or fully transferred out of the Fund before Reprocessing Date, i.e., “Closed Accounts”, will generally receive a remediation payment in cash equal to the value of the Remediation Shares owed to the investor as of the date on which the Closed Account was closed, net of any over-distributed redemption proceeds during the Remediation Period, plus an interest component calculated as of the date the Closed Account was closed through the Reprocessing Date.
You received this payment because you were identified as an impacted investor for one of the two payment scenarios listed above. The payment you received is provided in full satisfaction of any claim you may have in connection with this matter.

5. Will there be any tax ramifications for remediation proceeds?

The following tax considerations are not intended to be and should not be relied upon as tax advice. Please note this is a high-level summary and does not address many situations (e.g. if an account holder holds shares in an IRA or Tax Qualified Retirement Plan). Impacted investors should consult their tax advisor to determine tax consequences with respect to the receipt of cash or Remediation Shares, which may vary depending on several factors including basis, holding periods, and basis methodology (e.g., average cost, first-in-first-out, last-in-first out).

Impacted investors will not receive any Form 1099 or Form 1042-S reporting from the Fund in respect of a remediation payment, other than for an interest component discussed below.

For Closed Accounts, impacted investors will receive a remediation payment which includes an interest component. The interest component will be treated as interest for US federal income tax purposes, which is generally treated as income in the year of receipt. Impacted investors may be required to provide US tax documentation (e.g., Forms W-9, W-8) to avoid US withholding taxes. Interest paid in 2025 is reportable to US persons that are not exempt recipients on Form 1099-INT if the amount is $600 or more. Impacted investors that are, or are presumed to be, a US non-resident may receive a Form 1042-S.

6. Is this a real check? Am I obligated to do anything if I cash this check?

This is a real check. By cashing this check you are not obligating yourself to anything. You received a payment because you have been identified as an impacted investor. The check you received is payment in full for your portion of the remediation as satisfaction of any claim you may have in connection with this matter.

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your situation.

7. My check(s) has been lost/destroyed. What should I do?

If you are unable to cash your check, or have lost it, you can request a replacement check over the phone or send a signed letter requesting a replacement check.

If you are not requesting a replacement by phone, please forward your replacement request to one of the following:

Email:[email protected]
Fax:816-374-7427
Mail:Goldman Sachs Fund Remediation
c/o SS&C GIDS, Inc.
PO Box 219057
Kansas City, MO 64121-9057


Upon receipt, we will reissue a replacement check exactly as it was originally issued. Please allow 10-14 calendar days to receive the replacement check.

8. How long do I have to cash this check?

Please note that your original check has a 90 day expiration/stale date. Check re-issuances will only be allowed within the first 90 days from the original check date. All re-issued checks will display a 30 day expiration/stale date, and this stale date will not exceed the 120 days in total from the original check issue date. A check presented for payment after the stale date has passed will not be honored. Bank fees charged to you by your bank for presenting a check(s) after the stale date are solely the responsibility of the presenter.

9. How can I contact the Goldman Sachs GQG Partners International Opportunities Fund?

If you have customer service needs related to your Fund account, you will need to speak with Goldman Sachs or your broker dealer/advisor directly using the contact information on your most recent investment statement.

10. I received a check made payable to a deceased family member. How can I have it made payable to me?

If you wish to have this check made payable to you, please do the following:

  1. Return the check with VOID written across the front.
  2. Include a letter of instruction requesting a new check to be made payable to you. If the check is for $600 or more the letter must have a Medallion Signature Guarantee or Signature Validation Program Stamp and originals sent via mail. It is important that you include your date of birth.
  3. In addition, if you are not the spouse of the deceased, we will require “Evidence of Appointment” which is legal documentation that indicates you are the authorized party to handle the decedent’s estate. Such documents are a Letter of Testamentary, a Letter of Administration, a Letter of Appointment or a copy of the Last Will and Testament appointing beneficiaries.
  4. You must also include a copy of the deceased’s death certificate. If the check amount is greater than $600, the death certificate must be certified and originals sent via mail.
  5. Include a completed Reissue Beneficiary Non-IRA Distribution Form (Substitute IRS W-4R & W9). The form is located on the distribution website Tax Information page.
  6. Send this information via e-mail, fax or regular mail (keeping in mind certain documents need to be sent via regular mail as described earlier) to:
    Email:[email protected]
    Fax:816-374-7427
    Mail:Goldman Sachs Fund Remediation
    c/o SS&C GIDS, Inc.
    PO Box 219057
    Kansas City, MO 64121-9057
Please allow 10-14 calendar days to receive the replacement check.

11. I received a check for my IRA/retirement account. What are the tax consequences for me?

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your situation.

12. I am 73 or older and received this payment because of my IRA. Is this counted as part of my Required Minimum Distribution (RMD)?

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your situation.

13. Can the check received offset my RMD and allow me to keep more funds in my retirement account?

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your situation.

14. I received a check made payable to my custodian/broker dealer FBO of myself/my retirement account. What do I do with this check?

Forward this check with a signed letter of instruction to your current custodian, instructing them to deposit the proceeds into your retirement account. Be sure to include your current custodian account number with the correspondence and check your custodian statements to ensure that the payment has been credited to your account.

15. What is a custodian?

A custodian is an agent, bank, trust company or other organization that holds and safeguards an individual’s, mutual funds, or investment company’s assets for them.

16. What are the consequences of cashing a check made payable to my custodian (IRA only)?

You will not be able to cash this check as it is currently written because it is made payable to your custodian for your benefit.

If your retirement account is still with the custodian listed on the check, forward this check with a signed letter of instruction to your current custodian, instructing them to deposit the proceeds into your retirement account. Be sure to include your current account number with the correspondence.

You should consult with your financial advisor or tax professional to determine the potential tax consequences and appropriate tax treatment for your situation.

17. What if I have changed my custodian?

You may have the check issued to your new IRA custodian.

We will reissue the new check to you so you can forward it to your current custodian with your letter of instruction explaining that you want the funds deposited into your current IRA account.

18. Can I request that my IRA check be made payable to myself?

Yes. If you wish to have this check made payable to yourself, you will need to do the following:

  1. Return the check to us with the word VOID written across the front and a letter of instruction requesting it be made payable to you. In your letter of instruction please include:
    1. Your date of birth,
    2. and a completed Reissue IRA to Individual Distribution Form (the form is located on the distribution website Tax Information page).
  2. 2. Send this information to:
    Email:[email protected]
    Fax:816-374-7427
    Mail:Goldman Sachs Fund Remediation
    c/o SS&C GIDS, Inc.
    PO Box 219057
    Kansas City, MO 64121-9057
Please note that your original check has a 90 day expiration/stale date. Check re-issuances will only be allowed within the first 90 days from the original check date. All re-issued checks will display a 30 day expiration/stale date, and this stale date will not exceed the 120 days in total from the original check issue date. A check presented for payment after the stale date has passed will not be honored. Bank fees charged to you by your bank for presenting a check(s) after the stale date are solely the responsibility of the presenter.

Please allow 10-14 calendar days to receive the replacement check.

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your particular situation.

19. I received an IRA check made payable to a deceased family member. How can I have it made payable to myself?

If you wish to have this check made payable to yourself, the following is required:

  1. Return the check to us with VOID written across the front.
  2. Include a letter of instruction requesting a new check be made payable to you. If the check is for $600 or more the letter must have a Medallion Signature Guarantee or Signature Validation Program Stamp and originals sent via mail. It is important that you include your date of birth.
  3. In addition, if you are not the spouse of the deceased or the beneficiary of the IRA, we will require “Evidence of Appointment”, which is legal documentation that indicates you are the authorized party to handle the decedent’s estate. Such documents are a Letter of Testamentary, a Court Order, a Letter of Administration, a Letter of Appointment or a copy of the Last Will and Testament appointing beneficiaries or a copy of the designated IRA beneficiary form.
  4. You must also include a copy of the deceased’s death certificate. If the check amount is greater than $600, the death certificate must be certified and originals sent via mail.
  5. Include a completed Reissue IRA Beneficiary Form (the form is located on the distribution website Tax Information page) or can be sent to you by email or mail. All applicable federal taxes and penalties will be deducted from your check as well as any required state taxes.
  6. Send this information via e-mail, fax or regular mail (keeping in mind certain documents need to be sent via regular mail as described earlier) to:
    Email:[email protected]
    Fax:816-374-7427
    Mail:Goldman Sachs Fund Remediation
    c/o SS&C GIDS, Inc.
    PO Box 219057
    Kansas City, MO 64121-9057
Please allow 10-14 calendar days to receive the replacement check.

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your particular situation.

20. I received an IRA check made payable to my deceased wife/husband/family member. How can I deposit it into my IRA?

If you wish to have this check made payable to your IRA, you will need to do the following:

  1. Please return the check with VOID written across the front. Include a letter of instruction listing your current custodian, requesting it be made payable to your IRA. If the check is for $600 or more the letter must have a medallion guarantee.
  2. If you are not the spouse of the deceased, we require Letters
    Testamentary, a copy of the Will or a copy of the designated IRA beneficiary form.
  3. Include a completed Reissue IRA Beneficiary Form, which can be sent to you by email or mail, or the form is located on the distribution website Tax Information page,
  4. You must also include a copy of the deceased’s death certificate. (If the payment is $600 or more it must be a certified copy of the death certificate.)
  5. Send this information to:
    Email:[email protected]
    Fax:816-374-7427
    Mail:Goldman Sachs Fund Remediation
    c/o SS&C GIDS, Inc.
    PO Box 219057
    Kansas City, MO 64121-9057
Please allow 10-14 calendar days to receive the replacement check.

We will return the new check to you so you can forward it to your new Custodian. You should send the check to your Custodian with a letter of instruction and what funds you want the check deposited into in your retirement account.

21. My investment was in a tax-qualified plan, what should I do with this check?

If the check was made payable to the plan administrator and mailed to you and you are:

  1. Still a participant in the tax-qualified retirement plan, contact your Retirement plan administrator to coordinate the deposit of the check to your retirement plan.
  2. No longer are a participant in the tax-qualified plan but you are a Participant in another tax-qualified retirement plan, then you may affect a “direct rollover” to another eligible plan. The distribution must be rolled over within 60 days after receipt to be tax-free. Contact your plan trustee or administrator to coordinate the rollover.
  3. No longer a participant in the tax-qualified plan and you are no longer a participant in another tax-qualified retirement plan and you wish to have this check made payable to yourself, you will need to contact the Retirement Plan Trustee or Service Provider to negotiate the check you received. We are unable to reissue this check to you as it is considered Plan assets.
  4. If your plan is no longer active or has been abandoned, we will require the following:
    • A copy of the final plan form 5500 from your former Tax-Qualified Retirement Plan (may be found on www.freeerisa.com),
    • A signed Abandoned Plan Affidavit - the Abandoned Plan Affidavit form is located on the Tax Information page of this website or can be mailed to you),
    • A completed Reissue to Individual Non-IRA Distribution Form or Reissue to Beneficiary Non-IRA Distribution Form, for checks $600 or more - the forms are located on the Tax Information page of this website or can be mailed to you,
    • Your check with “VOID” written on it,
    • Send this information to the address located on the original check.
You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your particular situation.

22. What is a Medallion Signature Guarantee and where can I get one?

A Medallion Signature Guarantee or Signature Validation Program Stamp is a widely accepted way to protect you and the Fund by verifying the signatures on your request. Eligible participating members of the following programs may execute a Medallion Signature Guarantee or Signature Validation Program Stamp: Securities Transfer Agents Medallion Program (STAMP); Stock Exchange Medallion Program (SEMP); and New York Stock Exchange, Inc., Medallion Signature Program (MSP). Many commercial banks, trust companies, credit unions, savings associations, brokerage firms, and registered broker-dealers can provide you with a Medallion Signature Guarantee or Signature Validation Program Stamp. You should verify with the institution that it is an acceptable (eligible) guarantor for the Stamp2000 Medallion Program prior to signing the request. A Notary Public is not an acceptable guarantor.

Example of Medallion Signature Guarantee:
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23. Will I receive an IRS Form 1099 to use when filing my taxes?

Generally, impacted investors will not receive any Form 1099 or Form 1042-S reporting from the Fund in respect of a remediation payment, other than for an interest component discussed below.

For Closed Accounts, impacted investors will receive a payment which will have both a remediation and interest component. The interest component will be treated as interest for US federal income tax purposes, which is generally treated as income in year of receipt. Impacted investors may be required to provide US tax documentation (e.g., Forms W-9, W-8) to avoid US withholding taxes. Interest paid in 2025 is reportable to US persons that are not exempt recipients on Form 1099-INT if the amount is $600 or more. Impacted investors that are, or are presumed to be, a US non-resident may receive a Form 1042-S.

You should consult with your financial advisor or tax professional prior to cashing this check to determine the potential tax consequences and appropriate tax treatment for your particular situation.