US Wrap: Caution on S&P 500 performance

Goldman Sachs was also relatively cautious about future moves in the index, structuring an 80% buffer into its accelerated growth note linked to the S&P 500. The additional insurance means that upside participation will be 100% with returns capped at between 48-56%.

Royal Bank of Canada, which launched the third note linked to the index, was considerably more bullish, offering 500% participation over 18 months up to a cap of 23%. The note has no downside protection.

Issuer

Product type

U

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: