JPMorgan to sell protected six-year notes linked to JPMorgan Efficiente index

By Susanna Moon

Chicago, Jan. 5 - JPMorgan Chase & Co. plans to price zero-coupon principal-protected notes due Jan. 30, 2015 linked to the JPMorgan Efficiente (USD) index, according to a 424B2 filing with the Securities and Exchange Commission.

The index is a notional dynamic basket that tracks the excess returns of a portfolio of nine indexes above the JPMorgan Cash Index USD 3 Month. It is based on the "modern portfolio theory" approach to asset allocation, which suggests how a rational investor should allocate his capital across the available universe of assets to maximize return for a given risk appetite.

Payout at maturity will be par plus any index gain.

Investors will receive at least par.

The notes are expected to price on Jan. 27 and settle on Jan. 30.

J.P. Morgan Securities Inc. is the agent.

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