Goldman Sachs is offering US investors a leveraged return note linked to a basket of global equity benchmarks. The product has a relatively short investment term of two years and offers a participation rate of 150% of the growth in the underlying, subject to a cap on returns of 20.1%.
1. A potential return of 1.5 times the growth in the basket up to a maximum of 20.1% (in addition to the principal amount). The maximum return is therefore equivalent to approximately 9.59% (compounded)