US Wrap: EM and US equity offered ahead of holiday weekend

A raft of accelerated growth products were launched into the US market ahead of the holiday weekend, offering exposure to either emerging markets or domestic equity. Nearly all the products are short tenor, bar one offering from Morgan Stanley which lasts five years.

Morgan Stanley also looked to the opposite end of the maturity spectrum, launching an accelerated growth product which lasts under one year. The note pays 200% participation in the S&P 500 up to a cap of 14.5% and incorporates a 10% downside protection buffer. Participation below the buffer, however, is 111.11% which makes this one of the more bullish recovery plays available on the market.

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Goldman Sachs

Accelerated Growth

iShares MSCI Emerging