By Marisa Wong
Madison, Wis., Aug. 31 - JPMorgan Chase & Co. priced $16,000 of 0% buffered equity notes due Aug. 29, 2014 linked to a basket of two funds and an index, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 60% weight, the iShares MSCI EAFE index fund with a 25% weight and the iShares MSCI Emerging Markets index fund with a 15% weight.
The payout at maturity will be par plus any basket gain.
Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Buffered equity notes
|
| Underlying components: | S&P 500 index (60% weight), iShares MSCI EAFE index fund (25% weight) and iShares MSCI Emerging Markets index fund (15% weight)
|
| Amount: | $16,000
|
| Maturity: | Aug. 29, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain; par if basket falls by up to 10%; 1% loss for every 1% decline beyond 10%
|
| Pricing date: | Aug. 26
|
| Settlement date: | Aug. 31
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.5%
|
| Cusip: | 48125XD52
|
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