Goldman Sachs has launched a new accelerated growth note with leveraged downside participation in the MSCI Eafe Index. The product has 150% upside participation over two years, subject to a cap of 26–30%. Capital is protected by a 10% buffer, but participation in the index beyond that is limited to 111.11%.
Barclays Bank also launched a product with exposure to the MSCI Eafe Index, linked to the exchange-traded fund that tracks the benchmark. Like the Goldman product, the Barclays one lasts two