Research

Tradeable Index Strategies: Credit

iTraxx TR

JPMorgan's innovative iTraxx Total Return Swaps (TRS) provide exposure to the European credit market through a price-based, funded product whose performance is based on the returns of the on-the-run iTraxx CDS index.

Traditional credit investors can use iTraxx TRS to remove the burden of defaults settlement procedures upon defaults, rolling into new contracts and reinvestment of coupons. Non-traditional credit investors can use them to gain greater diversification for their portfolios through a new asset class.

For more information on iTraxx, please see our Credit Derivative page on MorganMarkets or contact your JPMorgan representative.

Index Strategies

Index Name

Index Level

Daily Ret(%)

Mthly Ret

Ann Ret

Level Date

iTraxx TR

0.91

0.00

-4.12

-17.03

20080711

Chart

Note: The data above may not be the latest available and should be used for information purposes only.