J.P. Morgan Alerian Fund Already Shows Premium
Posted on June 22, 2012 at 12:35 PM EDT
The popular exchange-traded note whose share issuance was capped last week by J.P. Morgan Chase (JPM) is already trading at a premium. Investors who hold the JPMorgan Alerian MLP Index exchange-traded note (AMJ) can either cash out now with unexpected profits or they can ride the note’s unusual mechanics higher in hopes of even bigger gains. But...
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