To: Barrett. Paul S
From: Jeffrey
Sent: Thur 7/26/2012 4:34:37 PM
Subject: Re: Revised Portfolio
Not till scpt
Sorry for all the typos .Sent from my iPhonc
On Jul 26, 2012, at 12:10 PM, "Barrett, Paul S" <paul.s.barrett@ipmorgan,com> wrote:
Hi Jeffrey
I left a message with
Do you need any additional follow up regarding the portfolio?
Paul
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
li, Morgan Private Bank
From: Barrett, Paul 5
Sent: Tuesday, July 17, 2012 3:55 PM
To: 'Jeffrey Epstein'
Cc: Giuffrida, David 3
Subject: Revised Portfolio
Hi Jeffrey
Here is a revised portfolio sample that does not employ leverage. We added some gold
exposure and increased the oil weighting. Remember that the coupons on a structured
note will knock out if we hit the buffer level (continuous) or finish below the buffer (at
expiry).
Leveraged Weight
EFTA_R1_00283939
EFTA01875392
20.00% Yield
JPM High Yield Bond Fund
20.00% 6.36%
Bank Preferreds/Lower Tier II Bonds
15.00% Yield
RBS 7.25% Pfds 4.00% 8.50%
Ally B Pfds 4.00% 7.95%
Rabobank 8.40% Pfds 3.00% 7.85%
Bank of America 8.125% Pfd
2.00% 6.60%
GE 7.125% Pfd 2.00% 5.90%
Emerging Markets
10.00% Yield
PDVSA 5% 2015 (USD Denominated)
5.00% 11.75%
BRL Linked Market Plus Note (8% coupon /
25% At expiry Buffer)
5.00% 8.00%
Equity Linked Notes
22.50% Coupon
EFTA_R1_00283940
EFTA01875393