New Issue: JPMorgan prices $4.59 million PLUS linked to Market Vectors Gold Miners

By Angela McDaniels

Tacoma, Wash., April 22 – JPMorgan Chase & Co. priced $4.59 million of 0% Performance Leveraged Upside Securities due April 25, 2017 linked to the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 280% of any gain in the fund, up to a maximum return of 50%. Investors will be fully exposed to any decline in the fund.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying fund: Market Vectors Gold Miners ETF
Amount:	$4,585,000
	Maturity:	April 25, 2017
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 280% of any fund gain, capped at 50%; full exposure to losses
Initial share price:	$19.83
Pricing date:	April 20
Settlement date:	April 23
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2%
Cusip:	48127T384

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