Date: 6/23/2020
Source: Incapital
Author: Incapital

Announcement Regarding Selection of Successor Indices for Motif Indices


We would like to inform you about an update pertaining to the April 21, 2020 announcement from Goldman Sachs stating that Motif Capital Management, Inc. (“Motif”) would cease to serve as the index provider for certain Motif thematic indices linked to structured products that your clients may own today.

 

Effective June 23, 2020 Motif ceased publishing the related Motif thematic indices, and Solactive AG will serve as the successor index provider.

Click here to view the press release from Goldman Sachs containing details related to Motif successor indices and Solactive AG.

 

Highlights

 

  • Index levels through June 23, 2020 will be calculated in accordance with the methodology governing the relevant Motif Index.
  • Index levels on June 24, 2020 and thereafter will be calculated in accordance with the methodology governing the relevant Solactive successor index, as described on the related web pages hyperlinked in the press release.
  • New index names and tickers have been established for impacted index as follows:

 

 Solactive Motif

 

All other aspects of the Market-Linked Note and/or Market-Linked CD remain unchanged as outlined in the offering documents.

 

If you have any questions please contact your Incapital Wholesaler or Incapital’s Internal desk at AdvisorSupport@incapital.com or 888-849-5732.