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PrintJPMorgan and Citibank offer tailored access to three internationally renowned money masters
Sep 10, 2007
JPMorgan today announced the release of a structured investment offering, specifically tailored to Citibank customers, providing access to the performance of three of the world’s master investors with no capital risk.
Called the JPMorgan Masters Selection Series 2 Target Redemption Strategic Asset Securities, the investment offers access to the performance of three master investors – Warren Buffet, Jim Rogers and Mark Mobius - plus the advantage of 100 per cent principal protection when held until maturity.
The investment is based on the performance of a Dynamic Basket of three high profile stocks and managed investments across US equities, Asian equities and commodities, including:
- Berkshire Hathaway Inc. (Warren Buffet)
- the Diapason Rogers Commodity Index Fund (Jim Rogers)
- the Templeton Asian Growth Fund (Mark Mobius)
“This bespoke investment offering to Citibank clients and their advisers is further evidence of JPMorgan’s commitment to bringing world-class structured investment opportunities to Australian investors,” said Mr David Jones-Prichard, Vice President, Equity Derivatives and Structured Products with JPMorgan.
“The underlying assets have experienced impressive performance over the past five years. The Templeton Asian Growth Fund, for instance, was up 305 per cent for the five years to the end of August 2007.
“The offering gives investors global and asset diversification, as well as allowing access to select assets that are normally difficult for retail investors to invest in,” Mr Jones-Prichard said.
Josiah Li, Head of Treasury & Structured Products at Citibank in Australia said: “We are excited to be able to help our clients gain access to the skills of these three high profile investment experts. Their skills could prove to be particularly important during volatile markets, as they have a great track record in selecting good value investments.”
For further information, please contact:
JPMorgan Australia
David Jones-Prichard
Vice President, Equity Derivatives & Structured Products
02 9220 1633
david.jones-prichard@jpmorgan.com
BlueChip Communication
Bruce Madden
02 9018 8603
0412 372 543
bruce@bluechipcommunication.com.au
Notes to editors
About JPMorgan
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of US$1.4 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available atwww.jpmorganchase.com or www.jpmorgan.com.au .
About Structured Investments
Structured investments provide a versatile set of tools for investors looking to combine some of the best features of equity and fixed income. These investments can combine downside protection, growth and income. Performance can be based on the performance of a range of asset classes such as equity indices, global property and commodities.
The risk and return profiles of structured investments can provide additional diversification to an investor’s portfolio, enabling that investor to gain exposure to a select type of asset or group of assets, with the potential to reduce their overall portfolio risk.
A key feature of many structured investments is they are principal protected, which may be appropriate for investors looking for growth opportunities but wanting the additional security of reduced risk to their principal investment. Maturities generally range from three to seven years, and clients should intend to hold the investments to maturity.