US Wrap: Market offers accelerated benchmark returns
Benchmark indexes used in US issuance
The market has returned to accelerated growth products as a staple in the latest offering, and benchmark indexes are used in several products – not just the market favourite, the S&P 500, but also the Russell 2000 and the Dow Jones Industrial Average.
Wells Fargo has issued a product linked to the Russell 2000 index. The accelerated growth product has a maturity of two years and four months and it offers 150% participation in the growth of the index, capped at 27%–30%. There is a buffer level of
