Goldman Sachs offers structured notes linked to BlackRock Dynamic Factor Index; terms not disclosed

Filed June 30, 2026 · ~1 min read

Key Changes

• high

  The BlackRock Dynamic Factor Index has returned -2.21% annualized since January 2021, underperforming the S&P 500's 15.85% return over the same period, with a maximum drawdown of -19.10%.

  Risk Factors verify on EDGAR →
• high

  The index currently allocates 46.36% to cash and has held up to 85.5% in cash recently, substantially limiting equity and bond exposure during potential market rallies.

  Risk Factors verify on EDGAR →
• high

  Index returns are reduced by a notional interest rate plus 0.65% annually, creating an embedded cost drag regardless of underlying asset performance.

  risk factors verify on EDGAR →