US Wrap: Downside gearing increases
Goldman Sachs has unveiled another accelerated growth product that has leveraged downside participation in the S&P 500. The rate has inched up to 113.64%, whereas downside gearing is generally capped at 111.11% for the retail market.
However, the increase of 2% has been mirrored in the product's buffer, which sits at 12% rather than the typical 10% in such structures, where they include a buffer
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