Issuance in the US continues to focus on domestic equities, although there is some diversification away from the benchmark S&P 500 index and large-cap indexes in the underlyings.
Goldman Sachs has linked a one-year accelerated growth product to the S&P MidCap 400 Index. The product offers 200% participation in the index, with returns capped at 13.7%. It has a 10% downside barrier.
Deutsche Bank has also taken part in this trend for a move away from the benchmark, this time into small caps, with