FirstRand says Goldman Sachs dividend boosts GSETNC and GSETNQ ETN NAVs via synthetic reinvestment

GS•2026-09-30

FirstRand reported a synthetic reinvestment of a $5-per-share Goldman Sachs dividend for its GSETNC and GSETNQ ETNs. The $4.25-per-share reinvestment reflected a 15% effective tax rate and was priced at $916.24 per share; holders received no cash distribution.

FirstRand says Goldman Sachs dividend boosts GSETNC and GSETNQ ETN NAVs via synthetic reinvestment

1. Synthetic reinvestment

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