Bringing you live news and features since 2006 

Goldman Sachs lists exchange-traded note based on commodity futures index

RELATED TOPICS​

Goldman Sachs has listed its first exchange-traded note, the GS Connect S&P GSCI Enhanced Commodity Total Return Strategy Index ETN, on the New York Stock Exchange.

Goldman Sachs has listed its first exchange-traded note, the GS Connect S&P GSCI Enhanced Commodity Total Return Strategy Index ETN, on the New York Stock Exchange.

The ETN is based on the S&P GSCI Enhanced Commodity Total Return Strategy Index, a total return index that reflects the excess returns and the interest on funds potentially available through an unleveraged investment in the commodity futures contracts included in the S&P GSCI Index.

The S&P GSCI Enhanced Commodity Total Return Strategy Index modifies certain rolling rules of the S&P GSCI index with the goal of generating enhanced returns.

‘The GS Connect S&P GSCI Enhanced Commodity Total Return Strategy Index ETN gives investors unique exposure to a production and liquidity-weighted basket of commodities with active and liquid contracts from major industrialised countries,’ says Lisa Dallmer, a senior vice-president at NYSE Group for exchange traded funds and indexes.

‘We are pleased to have Goldman Sachs Group list its first exchange-traded note on the NYSE. We look forward to providing investors and market professionals with a superior market quality for trading [the note].’

Latest News

Some big forces moved further into ETF issuance this week, with Capital Group launching 12 new active/passive model portfolios, and..
ASYMmetric ETFs has announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha..
First Trust Advisors has announced the launch of a new actively managed ETF, the First Trust Multi-Strategy Alternative ETF (NYSE..
Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America has announced the launch..

Related Articles

ETF
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Mackenzie
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by