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Exhibit (a)(16)
AMENDMENT NO. 15
TO THE
DECLARATION OF TRUST
OF
GOLDMAN SACHS TRUST
This AMENDMENT NO. 15 dated the 1/st/ day of August, 2000 to the AGREEMENT
AND DECLARATION OF TRUST (the "Declaration"), as amended, dated the 28th day of
January, 1997 is made by the Trustees name below;
WHEREAS, the Trustees have established a trust for the investment and
reinvestment of funds contributed thereto;
WHEREAS, the Trustees divided the beneficial interest in the trust
assets into transferable shares of beneficial interest and divided such shares
of beneficial interest into separate Series;
WHEREAS, the Trustees desire to create new Series and designate new
Classes of shares;
NOW, THEREFORE, in consideration of the foregoing premises and the
agreements contained herein, the undersigned, being all of the Trustees of the
Trust and acting in accordance with Article V, Section 1 of the Declaration,
hereby amend the Declaration as follows:
The Trust shall consist of one or more Series. Without limiting the
authority of the Trustees to establish and designate any further Series,
the Trustees hereby establish the following 54 Series: Goldman Sachs
Adjustable Rate Government Fund, Goldman Sachs Short Duration Government
Fund, Goldman Sachs Short Duration Tax-Free Fund, Goldman Sachs Core Fixed
Income Fund, Goldman Sachs Global Income Fund, Goldman Sachs Government
Income Fund, Goldman Sachs Municipal Income Fund, Goldman Sachs High Yield
Fund, Goldman Sachs High Yield Municipal Fund, Goldman Sachs Enhanced
Income Fund, Goldman Sachs Balanced Fund, Goldman Sachs CORE Large Cap
Growth Fund, Goldman Sachs CORE U.S. Equity Fund, Goldman Sachs CORE Small
Cap Equity Fund, Goldman Sachs CORE International Equity Fund, Goldman
Sachs Growth and Income Fund, Goldman Sachs Capital Growth Fund, Goldman
Sachs Mid Cap Value Fund, Goldman Sachs Small Cap Value Fund, Goldman Sachs
International Equity Fund, Goldman Sachs Asia Growth Fund, Goldman Sachs
Emerging Markets Equity Fund, Goldman Sachs Real Estate Securities Fund,
Goldman Sachs International Small Cap Fund, Goldman Sachs Japanese Equity
Fund, Goldman Sachs European Equity Fund, Goldman Sachs CORE Large Cap
Value Fund, Goldman Sachs Strategic Growth Fund, Goldman Sachs Growth
Opportunities Fund, Goldman Sachs Internet Tollkeeper Fund, Goldman Sachs
Large Cap Value Fund, Goldman Sachs CORE Tax-Managed Equity Fund, Goldman
Sachs Research Select Fund, Goldman Sachs Growth Strategy Portfolio,
Goldman Sachs Aggressive Growth Strategy Portfolio, Goldman Sachs Balanced
Strategy Portfolio, Goldman Sachs Growth and Income Strategy Portfolio,
Goldman Sachs Conservative Strategy Portfolio, Institutional Liquid Assets-
Prime Obligations Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Treasury Obligations Portfolio,
Institutional Liquid Assets-Money Market Portfolio, Institutional Liquid
Assets-Federal Portfolio, Institutional Liquid Assets-Treasury Instruments
Portfolio, Institutional Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Tax-Exempt California Portfolio, Goldman Sachs-Financial
Square Prime Obligations Fund, Goldman Sachs-Financial Square Government
Fund, Goldman Sachs-Financial Square Treasury Obligations Fund, Goldman
Sachs-Financial Square Money Market Fund, Goldman Sachs-Financial Square
Tax-Free Money Market Fund, Goldman Sachs-Financial Square Federal Fund,
and Goldman Sachs-Financial Square Treasury Instruments Fund (the "Existing
Series"). Each additional Series
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shall be established and is effective upon the adoption of a resolution of
a majority of the Trustees or any alternative date specified in such
resolution. The Trustees may designate the relative rights and preferences
of the Shares of each Series. The Trustees may divide the Shares of any
Series into Classes. Without limiting the authority of the Trustees to
establish and designate any further Classes, the Trustees hereby establish
the following classes of shares with respect to the series set forth below:
Class A Shares: Goldman Sachs Adjustable Rate Government Fund, Goldman
Sachs Global Income Fund, Goldman Sachs Government
Income Fund, Goldman Sachs Municipal Income Fund,
Goldman Sachs High Yield Fund, Goldman Sachs Short
Duration Government Fund, Goldman Sachs Short Duration
Tax-Free Fund, Goldman Sachs Core Fixed Income Fund,
Goldman Sachs High Yield Municipal Fund, Goldman Sachs
Enhanced Income Fund, Goldman Sachs Balanced Fund,
Goldman Sachs CORE U.S. Equity Fund, Goldman Sachs CORE
Small Cap Equity Fund, Goldman Sachs CORE International
Equity Fund, Goldman Sachs CORE Large Cap Growth Fund,
Goldman Sachs Growth and Income Fund, Goldman Sachs Mid
Cap Value Fund, Goldman Sachs Capital Growth Fund,
Goldman Sachs Small Cap Value Fund, Goldman Sachs
International Equity Fund, Goldman Sachs Emerging
Markets Equity Fund, Goldman Sachs Asia Growth Fund,
Goldman Sachs Real Estate Securities Fund, Goldman
Sachs International Small Cap Fund, Goldman Sachs
Japanese Equity Fund, Goldman Sachs European Equity
Fund, Goldman Sachs CORE Large Cap Value Fund, Goldman
Sachs Strategic Growth Fund, Goldman Sachs Growth
Opportunities Fund, Goldman Sachs Internet Tollkeeper
Fund, Goldman Sachs Large Cap Value Fund, Goldman Sachs
CORE Tax-Managed Equity Fund, Goldman Sachs Research
Select Fund, Goldman Sachs Growth Strategy Portfolio,
Goldman Sachs Aggressive Growth Strategy Portfolio,
Goldman Sachs Balanced Strategy Portfolio, Goldman
Sachs Growth and Income Strategy Portfolio, Goldman
Sachs Conservative Strategy Portfolio.
Class B Shares Goldman Sachs Global Income Fund, Goldman Sachs
Government Income Fund, Goldman Sachs Municipal Income
Fund, Goldman Sachs High Yield Fund, Goldman Sachs
Short Duration Government Fund, Goldman Sachs Short
Duration Tax-Free Fund, Goldman Sachs Core Fixed Income
Fund, Goldman Sachs High Yield Municipal Fund, Goldman
Sachs Enhanced Cash Fund, Goldman Sachs Balanced Fund,
Goldman Sachs CORE U.S. Equity Fund, Goldman Sachs CORE
Small Cap Equity Fund, Goldman Sachs CORE International
Equity Fund, Goldman Sachs CORE Large Cap Growth Fund,
Goldman Sachs Growth and Income Fund, Goldman Sachs Mid
Cap Value Fund, Goldman Sachs Capital Growth Fund,
Goldman Sachs Small Cap Value Fund, Goldman Sachs
International Equity Fund, Goldman Sachs Emerging
Markets Equity Fund, Goldman Sachs Asia Growth Fund,
Goldman Sachs International Small Cap Fund, Goldman
Sachs Japanese Equity Fund, Goldman Sachs CORE Large
Cap Value Fund, Goldman Sachs Growth Opportunities
Fund, Goldman Sachs Strategic Growth Fund, Goldman
Sachs Internet Tollkeeper Fund, Goldman Sachs Large Cap
Value Fund, Goldman Sachs CORE Tax-Managed Equity Fund,
Goldman Sachs Research Select Fund, Institutional
Liquid Assets Prime Obligations Portfolio, Goldman
Sachs Real Estate Securities Fund, Goldman Sachs
European Equity Fund, Goldman Sachs Growth Strategy
Portfolio, Goldman Sachs Aggressive Growth Strategy
Portfolio, Goldman Sachs Balanced Strategy Portfolio,
Goldman Sachs Growth and Income Strategy Portfolio,
Goldman Sachs Conservative Strategy Portfolio.
Class C Shares Goldman Sachs Global Income Fund, Goldman Sachs
Government Income Fund, Goldman Sachs Municipal Income
Fund, Goldman Sachs High Yield Fund, Goldman Sachs
Short Duration Government Fund, Goldman Sachs Short
Duration Tax-Free Fund, Goldman Sachs Core Fixed Income
Fund, Goldman Sachs High Yield Municipal Fund, Goldman
Sachs Enhanced Income Fund, Goldman Sachs Balanced
Fund, Goldman Sachs CORE U.S. Equity Fund, Goldman
Sachs CORE Small Cap Equity Fund, Goldman Sachs CORE
International Equity Fund, Goldman Sachs CORE Large Cap
Growth Fund, Goldman Sachs Growth and Income Fund,
Goldman Sachs Mid Cap Value Fund, Goldman Sachs Capital
Growth Fund, Goldman Sachs Small Cap Value Fund,
Goldman Sachs International Equity Fund, Goldman Sachs
Emerging Markets Equity Fund,
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Goldman Sachs Asia Growth Fund, Goldman Sachs
International Small Cap Fund, Goldman Sachs Japanese
Equity Fund, Institutional Liquid Assets Prime
Obligations Portfolio, Goldman Sachs Real Estate
Securities Fund, Goldman Sachs European Equity Fund,
Goldman Sachs CORE Large Cap Value Fund, Goldman Sachs
Strategic Growth Fund, Goldman Sachs Growth
Opportunities Fund, Goldman Sachs Internet Tollkeeper
Fund, Goldman Sachs Large Cap Value Fund, Goldman Sachs
CORE Tax-Managed Equity Fund, Goldman Sachs Research
Select Fund, Goldman Sachs Growth Strategy Portfolio,
Goldman Sachs Aggressive Growth Strategy Portfolio,
Goldman Sachs Balanced Strategy Portfolio, Goldman
Sachs Growth and Income Strategy Portfolio, Goldman
Sachs Conservative Strategy Portfolio.
Institutional Shares: Goldman Sachs Adjustable Rate Government Fund, Goldman
Sachs Short Duration Government Fund, Goldman Sachs
Short Duration Tax-Free Fund, Goldman Sachs Government
Income Fund, Goldman Sachs Municipal Income Fund,
Goldman Sachs Core Fixed Income Fund, Goldman Sachs
High Yield Municipal Fund, Goldman Sachs Global Income
Fund, Goldman Sachs High Yield Fund, Goldman Sachs
Enhanced Income Fund, Goldman Sachs Balanced Fund,
Goldman Sachs Small Cap Value Fund, Goldman Sachs
Capital Growth Fund, Goldman Sachs CORE Large Cap
Growth Fund, Goldman Sachs CORE U.S. Equity Fund,
Goldman Sachs CORE Small Cap Equity Fund, Goldman Sachs
CORE International Equity Fund, Goldman Sachs Growth
and Income Fund, Goldman Sachs Mid Cap Value Fund,
Goldman Sachs International Equity Fund, Goldman Sachs
Emerging Markets Equity Fund, Goldman Sachs Asia Growth
Fund, Goldman Sachs International Small Cap Fund,
Goldman Sachs Japanese Equity Fund, Goldman Sachs Real
Estate Securities Fund, Goldman Sachs European Equity
Fund, Goldman Sachs CORE Large Cap Value Fund, Goldman
Sachs Growth Opportunities Fund, Goldman Sachs
Strategic Growth Fund, Goldman Sachs Internet
Tollkeeper Fund, Goldman Sachs Large Cap Value Fund,
Goldman Sachs CORE Tax-Managed Equity Fund, Goldman
Sachs Research Select Fund, Goldman Sachs-Financial
Square Prime Obligations Fund, Goldman Sachs-Financial
Square Government Fund, Goldman Sachs-Financial Square
Treasury Obligations Fund, Goldman Sachs-Financial
Square Money Market Fund, Goldman Sachs-Financial
Square Premium Money Market Fund, Goldman Sachs-
Financial Square Municipal Money Market Fund, Goldman
Sachs-Financial Square Tax-Free Money Market Fund,
Goldman Sachs-Financial Square Federal Fund, Goldman
Sachs-Financial Square Treasury Instruments Fund,
Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid Assets-
Money Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-Treasury
Instruments Portfolio, Institutional Liquid Assets-Tax-
Exempt Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Tax-Exempt California Portfolio, Goldman
Sachs Growth Strategy Portfolio, Goldman Sachs
Aggressive Growth Strategy Portfolio, Goldman Sachs
Balanced Strategy Portfolio, Goldman Sachs Growth and
Income Strategy Portfolio, Goldman Sachs Conservative
Strategy Portfolio.
Service Shares: Goldman Sachs Adjustable Rate Government Fund, Goldman
Sachs Short Duration Government Fund, Goldman Sachs
Short Duration Tax-Free Fund, Goldman Sachs Government
Income Fund, Goldman Sachs Municipal Income Fund,
Goldman Sachs Core Fixed Income Fund, Goldman Sachs
High Yield Municipal Fund, Goldman Sachs Global Income
Fund, Goldman Sachs High Yield Fund, Goldman Sachs
Balanced Fund, Goldman Sachs Small Cap Value Fund,
Goldman Sachs Capital Growth Fund, Goldman Sachs CORE
U.S. Equity Fund, Goldman Sachs CORE Large Cap Growth
Fund, Goldman Sachs CORE Small Cap Equity Fund, Goldman
Sachs CORE International Equity Fund, Goldman Sachs
Growth and Income Fund, Goldman Sachs Mid Cap Value
Fund, Goldman Sachs International Equity Fund, Goldman
Sachs Emerging Markets Equity Fund, Goldman Sachs Asia
Growth Fund, Goldman Sachs International Small Cap
Fund, Goldman Sachs Japanese Equity Fund, Goldman Sachs
Real Estate Securities Fund, Goldman Sachs European
Equity Fund, Goldman Sachs CORE Large Cap Value Fund,
Goldman Sachs Strategic Growth Fund, Goldman Sachs
Growth Opportunities Fund,
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Goldman Sachs Internet Tollkeeper Fund, Goldman Sachs
Large Cap Value Fund, Goldman Sachs CORE Tax-Managed
Equity Fund, Goldman Sachs Research Select Fund,
Goldman Sachs-Financial Square Prime Obligations Fund,
Goldman Sachs-Financial Square Government Fund, Goldman
Sachs-Financial Square Treasury Obligations Fund,
Goldman Sachs-Financial Square Money Market Fund,
Goldman Sachs-Financial Square Tax-Free Money Market
Fund, Goldman Sachs-Financial Square Federal Fund,
Goldman Sachs-Financial Square Treasury Instruments
Fund, Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets- Treasury
Obligations Portfolio, Institutional Liquid Assets-
Money Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-Treasury
Instruments Portfolio, Institutional Liquid Assets-Tax-
Exempt Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Tax-Exempt California Portfolio, Goldman
Sachs Growth Strategy Portfolio, Goldman Sachs
Aggressive Growth Strategy Portfolio, Goldman Sachs
Balanced Strategy Portfolio, Goldman Sachs Growth and
Income Strategy Portfolio, Goldman Sachs Conservative
Strategy Portfolio.
Administration Shares: Goldman Sachs-Financial Square Prime Obligations Fund,
Goldman Sachs-Financial Square Government Fund, Goldman
Sachs-Financial Square Treasury Obligations Fund,
Goldman Sachs-Financial Square Money Market Fund,
Goldman Sachs-Financial Square Tax-Free Money Market
Fund, Goldman Sachs-Financial Square Federal Fund,
Goldman Sachs-Financial Square Treasury Instruments
Fund, Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid Assets-
Money Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-Treasury
Instruments Portfolio, Institutional Liquid Assets-Tax-
Exempt Diversified Portfolio, Institutional Liquid
Assets-Tax- Exempt New York Portfolio and Institutional
Liquid Assets-Tax-Exempt California Portfolio, Goldman
Sachs Enhanced Income Fund.
Preferred
Administration Shares: Goldman Sachs-Financial Square Prime Obligations Fund,
Goldman Sachs-Financial Square Government Fund, Goldman
Sachs-Financial Square Treasury Obligations Fund,
Goldman Sachs-Financial Square Money Market Fund,
Goldman Sachs-Financial Square Tax-Free Money Market
Fund, Goldman Sachs-Financial Square Federal Fund and
Goldman Sachs-Financial Square Treasury Instruments
Fund.
Cash Management
Shares: Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Money Market
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Tax-Exempt
Diversified Portfolio, Institutional Liquid Assets-Tax-
Exempt California Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Treasury Instruments Portfolio,
Institutional Liquid Assets-Treasury Obligations
Portfolio, Institutional Liquid Assets-Federal
Portfolio.
Select Shares: Goldman Sachs-Financial Square Prime Obligations Fund,
Goldman Sachs-Financial Square Government Fund, Goldman
Sachs-Financial Square Treasury Obligations Fund,
Goldman Sachs-Financial Square Money Market Fund,
Goldman Sachs-Financial Square Tax-Free Money Market
Fund, Goldman Sachs-Financial Square Federal Fund and
Goldman Sachs-Financial Square Treasury Instruments
Fund.
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All capitalized terms which are not defined herein shall have the same meanings
as are assigned to those terms in the Declaration.
IN WITNESS WHEREOF, the undersigned have executed this instrument as of the
date first written above.
/s/ Ashok N. Bakhru
--------------------------------
Ashok N. Bakhru,
as Trustee and not individually
/s/ David B. Ford
--------------------------------
David B. Ford,
as Trustee and not individually
/s/ Douglas Grip
--------------------------------
Douglas Grip,
as Trustee and not individually
/s/ John P. McNulty
--------------------------------
John P. McNulty,
as Trustee and not individually,
/s/ Mary P. McPherson
--------------------------------
Mary P. McPherson
as Trustee and not individually,
/s/ Alan A. Shuch
--------------------------------
Alan A. Shuch
as Trustee and not individually,
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/s/ William H. Springer
--------------------------------
William H. Springer
as Trustee and not individually,
/s/ Richard P. Strubel
--------------------------------
Richard P. Strubel
as Trustee and not individually,
