JP Morgan offers dual directional note with unlimited upside participation

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JP Morgan has launched a two-year dual directional product linked to the iShares MSCI Emerging Markets Index Fund. At maturity, investors receive positive returns via a participation rate of 100% in any fund growth or 100% participation in any fall in the fund, subject to barrier conditions. Principal is not protected at maturity if on any day during the life of the product the closing price of the fund is below 76.7% of the initial level and fails to recover at least to its initial level at

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