By Marisa Wong
Madison, Wis., Dec. 2 - JPMorgan Chase & Co. priced $382,000 of 0% capped buffered return enhanced notes due Nov. 30, 2015 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange,
The payout at maturity will be par plus 1.5 times any gain in the fund, up to a maximum return of 21%.
Investors will receive par if the shares fall 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.
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Issue: | Capped buffered return enhanced notes
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Underlying fund: | iShares MSCI Emerging Markets ETF
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Amount: | $382,000
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Maturity: | Nov. 30, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any gain, capped at 21%; par if fund declines by up to 10%; exposure to losses beyond 10%
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Initial level: | $41.51
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Pricing date: | Nov. 25
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Settlement date: | Nov. 29
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.003%
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Cusip: | 48126NZR1
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