MLP index fund launched

Alerian Capital Management LLC announced today that JPMorgan Chase & Co. has launched an Exchange Traded Note that delivers exposure to the portfolio of midstream energy Master Limited Partnerships underlying the Alerian MLP Index. The JPMorgan Alerian MLP Index Exchange Traded Notes are listed on the NYSE Arca under the symbol “AMJ.”


For additional information visit www.jpmorgan.com/etn. This website address is provided for convenience of reference only and its contents are not incorporated by reference into this document.

Contact:
Alerian Capital Management
Whitney Hain, 214-740-6040

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EPD KMP

Alerian Capital Management Announces the Launch of Alerian MLP Index Exchange Traded Notes Business Wire (Tue 8:00am)

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Now it is possible to own shares in an ETF that tracks a basket of MLPs. Since shares (not units) are purchased, the tax hassle associated with distributions is gone & this should be IRA friendly. A link above is provided to JPMorgan for more information. The track record of the Alerian MLP Index (similar to this index fund) suggests that the gains shown for one month at the ETF would represent a very good year at the index.


AMJ ---- 2 months