Global Economic Research & Expertise

Tradeable Index Strategies: Credit

iTraxx TR 

J.P. Morgan'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 specific J.P. Morgan Tradeable Index Strategies, please review product descriptions below or contact your J.P. Morgan representative.

Index Strategies
Index Name Index Level Daily Ret(%) Mthly Ret Ann Ret Level Date
iTraxx TR 0.63 0.00 0.00 0.00 20091203
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Note: The data above may not be the latest available and should be used for information purposes only.

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Investment suitability must be determined individually for each investor, and the financial instruments described herein may not be suitable for all investors. The products described herein should generally be held to maturity as early unwinds could result in lower than anticipated returns. This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors should consult with their own advisors as to these matters.

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