Goldman Sachs Asset Management has converted its defensive equity strategy into the Goldman Sachs Defensive Equity ETF (NYSE Arca: GDEF) in its first mutual fund to ETF conversion. The investment strategy and portfolio management of the ETF will be consistent with that of the mutual fund. GDEF seeks long-term growth of capital with lower volatility [...] The post Goldman Sachs Launches Defensive Equity ETF appeared first on ETF Trends .