EFTA02558460.pdf

From: Barrett, Paul S Sent: Thursday, July 26, 2012 7:01 PM To: Jeffrey Cc: Giuffrida, David Subject: RE: Revised Portfolio We own 1.2MM of the Sprint 6% 2016 bonds that have rallied back to 99 from the lows of 79 in November. I think we should sell and look for other replacement candidates. We are up 51K on the position. Let me know Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 NMLS IDe 853441 From: Jeffrey [mailto:[email protected]] Sent: Thursday, July 26, 2012 12:35 PM To: Barrett, Paul S Subject: Re: Revised Portfolio EFTA_R1_01718167 EFTA02558460 Not till sept Sorry for all the typos .Sent from my iPhone On Jul 26, 2012, at 12:10 PM, "Barrett, Paul S" d > wrote: Hi Jeffrey I left a message with Leslie. Do you need any additional follow up regarding the portfolio? Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 NMLS II:41853441 From: Barrett, Paul S Sent: Tuesday, July 17, 2012 3:55 PM To: 'Jeffrey Epstein' Cc: Giuffrida, David Subject: Revised Portfolio 2 EFTA_R1_01718168 EFTA02558461  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). Proposed Portfolio Leveraged Weight High Yield 3 EFTA_R1_01718169 EFTA02558462 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 EFTA_R1_01718170 EFTA02558463  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 EFTA_R1_01718171 EFTA02558464  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 This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email. 6 EFTA_R1_01718172 EFTA02558465