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Published on 2/27/2015 in the Prospect News Structured Products Daily.

JPMorgan to price PLUS linked to WisdomTree Japan Hedged Equity Fund

By Angela McDaniels

Tacoma, Wash., Feb. 27 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due July 6, 2016 linked to the WisdomTree Japan Hedged Equity Fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 300% of the fund return, subject to a maximum return that is expected to be at least 16% and will be set at pricing. If the fund return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

The notes are expected to price March 31.

The Cusip number is 48127R149.


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