EFTA02393523.pdf

From: Barrett, Paul S Sent: Tuesday, July 17, 2012 7:55 PM To: Jeffrey Epstein Cc: Giuffrida, David Subject: Revised Portfolio Hi Jeffrey</=> =OD Here is a revised portfolio sam=le that does not employ leverage. We added some gold exposure and increa=ed the oil weighting. Remember that the coupons on a structured note =OA will knock out if we hit the buffer level (continuous) or finish below =he buffer (at expiry). Proposed =ortfolio =1span> =OD =OD &n=sp; &n=sp; =/o:p> =OD =OA 1 EFTA_R1_01422116 EFTA02393523 <=td> ad width="78" nowrap="" valign="bottom" style="width:58.15pt;padd=ng:Oin 5.4pt 0in 5.4pt;height:25.5pt"> leveraged Weigh= =o:p> High Yield =OD =OD =o:p> =span style="font-size:10.0pt;font-family:"Arial","sans-=erif";color:black"> <=td> 20.00%<=o:p> =OD <=pan style="font-size:10.0pt;font-family:"Arial","sans-s=rif";color:black">Yield =OD =OA =/td> 20.00% <=td> &n=sp; =OA =OA =OD <=pan style="font-size:10.0pt;font-family:"Arial","sans-s=rif";color:black"> </=d> Bank Preferreds/Lower Tier II Bonds =OD <=o:p> =OD Yield 2 EFTA_R1_01422117 EFTA02393524 =OARBS 7.25% Pfds <=td> =td width="78" nowrap="" valign="bottom" style="width:58.15pt;pad=ing:Oin 5.4pt 0in 5.4pt;height:12.75pt"> 4=2E00% 8.50% =0AAlly B Pfds =OD <=pan style="font-size:10.0ptfont-family:"Arial","sans-s=rif";colorblack">Rabobank 8.40% Pfds </=d> =td width="78" nowrap="" valign="bottom" style="width:58.15pt;pad=ing:Oin 5.4pt 0in 5.4pt;height:12.75pt"> 3.00% 7.85% =OABank of America 8.125% Pfd=OD =OA 2.00%=/span> 6.60% =OA GE 7.125% Pfd 2.00% =OA =OA =OA </=> Emerging Markets =OD =OA =/p> <=:p> =span style="font-size:10.0pt;font-family:"Arial","sans-=erif";colorblack"> 10.00% 3 EFTA_R1_01422118 EFTA02393525 =OD Yield PDVSA 5% 2015 (USD Denominated)=/span> =OD =OD 5.00% =OD 11.75% =o:p> BBL Linked Market Plus Note (8% coupon / 25% At expiry Buffer)</=:p> 5.00% =OA =OA =OA </=> Equity Linked Notes </=d> &n=sp; <=d width="87" nowrap="" valign="bottom" style="width:65.0pt;borde=-top:none;border-left:solid windowtext 1.0pt;border-bottom:none;border-r=ght:solid windowtext 1.0pt;background:#A5A5A5;padding:Oin 5.4pt Oin 5=2E4pt;height:12.75pt"> 22.50%=/p> Coupon =0ASP500 Linked CBEN (10% Coupon = 10% cap / 23% buffer) 12.50% =OD <=pan style="font-size:10.0pt;font-family:"Arial","sans-s=rif";color:black">10.00% =OA <=d width="87" nowrap="" valign="bottom" style="width:65.0pt;borde=:solid windowtext 1.0pt;border- top:none;padding:Oin 5.4pt Oin 5.4pt;=eight:12.75pt"> 5.00% 4 EFTA_R1_01422119 EFTA02393526 =OA 10.00% =OD 8.00% =OA =OA =OA </=> Commodities =0A=p class="MsoNormal"> <=o:p> 7.50% =/td> =oupon Oil (Brent) Linked CBEN Note (13% coup/20% at =xpiry buffer) 7.50= 13.00% Gold Linked CBEN (5% coup/15% at e=piry buffer) 5.00% =OA =OA =OA </=> Alternatives 5 EFTA_R1_01422120 EFTA02393527 =0A=p class="MsoNormal"> 25.00% =OA Estimate DoubleLine Mortgage Fund =OA =OA =OA 15.00% 14.00% <fr.d> Blacksto=e GSO Rescue Lending Fund 10.00% 12.00% style="height:12.75pt"> =OD =OD <=span> =OA =/span> =0A10.08%a:p> Leveraged Gross Return =OD atd> =0Aapan style="font-size:10.0pt;font-family:"Arial","sans-s=rif";color:black"> 6 EFTA_R1_01422121 EFTA02393528 =/p> Leverage Borrow =sing a line of credit at a rate of width="78" nowrap="" valign="bottom" style="width:58.15pt;bord=rnone;border-bottom:solid windowtext 1.0ptpadding:0in 5.4pt 0in S.=pt;height:12.75pt"> 0%<=span> <=span> =td width="249" nowrap="" colspan="2" valign="bottom" style="widt=:186.9pt;border-top:none;border-left:solid windowtext 1.0pt;border-bot=om:solid windowtext 1.Optborder-right:none;background:#B6DDE8;padding:0=n 5.4pt Din 5.4ptheight:12.75pt"> Leveraged Net Return =/td> </=cl> </=d> </=d> 10.08% =OD <=o:p> class="MsoNormar> apan style="font-size:10.5pt;font-family:Consolas;color:#1F497D">Paul B=rrett, CFA Managing Directo= Global Investment Opportunit=es Group JPMorgan Private Ban= 320 Park Avenue, 14th Floor,=New York, NY 10022 212.622-27=0 (W) 212.310.0108 (F) NMLS iD14853441 7 EFTA_R1_01422122 EFTA02393529 [email protected] <mailto:[email protected]> =/div> <=body> This email is confidential and subje=t to important disclaimers and conditions including on offers for the purc=ase or sale of securities, accuracy and completeness of information, virus=s, confidentiality, legal privilege, and legal entity disclaimers, availab=e at http://www.jpmorgan.com/pages/disclosures/email. =/p 8 EFTA_R1_01422123 EFTA02393530