FRLG

Large Cap Growth Index-Linked ETN
*Unless otherwise stated, data provided by FactSet.

FRLG Fund Description

FRLG provides 2x leveraged exposure to an index of US large-cap growth stocks selected from the Russell 1000 Index. Leverage is reset quarterly.

FRLG Factset Analytics Insight

FRLG provides leveraged exposure to the Russell 1000 Growth Index (Total Return), an index of US large-cap growth stocks, selected using a multi-factor approach considering those with higher price-to-book ratios and higher forecasted growth values. Unlike most geared products, the note resets its leverage quarterly, or in the event of a 20% decline in the underlying index since the last reset date, rather than daily. While there are some benefits to this infrequent reset schedule, such as minimizing the effects of compounding and path dependency, it also means that the fund will most likely stray from its targeted 2X exposure between resets. FRLG is due on 2028 and backed by Goldman Sachs. These notes are unadvertised—lacking even a website—because they aren't intended for individual investors.

PERFORMANCE [as of 09/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FRLG 2.33% 17.61% 39.39% 73.56% 37.02% -- --
FRLG (NAV) 2.25% 17.45% 39.49% 73.77% 37.14% -- --
Russell 1000 Growth 1.24% 9.04% 19.50% 34.64% 24.11% 24.47% 19.52%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FRLG Summary Data

Goldman Sachs
03/29/18
Exchange-Traded Note
1.46%
$54.11M
0.25%

FRLG Portfolio Data

--
N/A

FRLG Index Data

Russell 1000 Growth
Multi-Factor
Multi-Factor
N/A

FRLG Fund Structure

Yes
--
-- / --
The Goldman Sachs Group Inc.
Low
Medium
2
Quarterly

FRLG Tax Exposures

20.00% / 39.60%
--
No

FRLG Factset Analytics Block Liquidity

As of 09/16/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FRLG. FRLG is rated a N/A out of 5.

FRLG Tradability

243
$64.98K
102
0
0.25%
$0.83
-0.05%
0.68% / -7.11%
None
100.00%
5,000
0.02
0.00%
--
0
$330.82
N/A