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and for each investment you should consider 1) the possibility that at expiration you
such as sensitivities to temporary or permanent
whose values are influenced by foreign currencies
more established companies and may be subject to more abrupt or erratic price movements.
which means that the value of the securities may go up or down in respect to the prospects of
resulting in potential lack of liquidity and in price volatility.
the potential difficulty of repatriating funds or enforcing contractual or other legal rights
which also include information regarding the liquidity of such investments
the Subscription Agreement and any other applicable disclosures for risks and potential conflicts of interest. Terms and conditions governing private
ETNs or commodities futures-linked ETFs before investing. These types of securities may
ETFs can trade at a discount or premium to the net asset value and are not directly
ETF or ETN containing more information may be obtained from your Private Wealth Management team. Please consider a fund's
give rise to substantial risk and are not available to or suitable for all investors. We have described some of the risks associated with certain investments
Goldman Sachs is not acting as a municipal advisor and the
a copy of Goldman Sachs Global Investment Research (GIR) Report used for GIR forecasts is available upon request.
these forecasts should be viewed as merely
738 -0.2% -0.2% 25.2% USD Trade Weighted 81.16 -0.3% -0.5% -7.0%
579 -0.1% -0.2% 15.2% MSCI AC World 573 -0.4% -0.4% 14.6%
but still points to above-trend growth in the region.