Wells plans enhanced growth securities on iShares DJ real estate fund

By Jennifer Chiou

New York, May 3 - Wells Fargo & Co. plans to price 0% enhanced growth securities due June 2014 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any fund gain, capped at a maximum return of 33% to 38%. Investors will receive par if the index fund declines by 15% or less and will share in any losses beyond the buffer.

The notes (Cusip: 94986RDQ1) are expected to settle in June.

Wells Fargo Securities, LLC is the underwriter.

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