satch chada, structured & alternatives solutions, merrill lynch michael forstl, structured...
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Satch ChadaSatch Chada, Structured & Alternatives Solutions, Merrill Lynch, Structured & Alternatives Solutions, Merrill Lynch
Michael Forstl, Michael Forstl, Structured Products Consulting Group, Nuveen InvestmentsStructured Products Consulting Group, Nuveen Investments
April 16, 2008April 16, 2008
For Capital Link Conference Only - Not for Distribution
Building Investment Portfolios with Building Investment Portfolios with
ELEMENTSELEMENTSSMSM Exchange-Traded Notes (ETNs) Exchange-Traded Notes (ETNs)
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DistributorsIssuers Investment Content Providers
CLIENT BENEFITS• Access to a wide range of issuers and content providers
• Diversified investment themes
• Low annual platform fees
• Exchange traded liquidity supplemented by redemption rights
Jim Rogers
ELEMENTS - Open Architecture Platform
For Capital Link Conference Only - Not for Distribution
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ACCESS TO NEW MARKETS AND STRATEGIESACCESS TO NEW MARKETS AND STRATEGIES
PORTFOLIO DIVERSIFICATIONPORTFOLIO DIVERSIFICATION
EXCHANGE LISTING EXCHANGE LISTING
COST EFFICIENCY COST EFFICIENCY
PRICE TRANSPARENCYPRICE TRANSPARENCY
Exchange-Traded Notes Benefits
For Capital Link Conference Only - Not for Distribution
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No principal protectionNo principal protection
Underlying market measure riskUnderlying market measure risk
Concentrated investment riskConcentrated investment risk
No periodic distributions for equity- and commodity-linked ELEMENTS No periodic distributions for equity- and commodity-linked ELEMENTS
Issuer risk Issuer risk
Call risk Call risk
Repurchases by the Issuer are subject to restrictionsRepurchases by the Issuer are subject to restrictions
A trading market may not developA trading market may not develop
Considerations / Risks
For Capital Link Conference Only - Not for Distribution
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COMMODITYCOMMODITY TICKERTICKER EXCHANGEEXCHANGE ISSUERISSUER ANNUAL ANNUAL FEEFEE MATURITYMATURITY
Rogers - Total Return ELEMENTSRogers - Total Return ELEMENTS RJIRJI AMEXAMEX SEKSEK 0.75%0.75% 10/24/202210/24/2022
Rogers - Agriculture ELEMENTSRogers - Agriculture ELEMENTS RJARJA AMEXAMEX SEKSEK 0.75%0.75% 10/24/202210/24/2022
Rogers - Energy ELEMENTSRogers - Energy ELEMENTS RJNRJN AMEXAMEX SEKSEK 0.75%0.75% 10/24/202210/24/2022
Rogers - Metals ELEMENTSRogers - Metals ELEMENTS RJZRJZ AMEXAMEX SEKSEK 0.75%0.75% 10/24/202210/24/2022
MLCX Biofuels ELEMENTSMLCX Biofuels ELEMENTS FUEFUE AMEXAMEX SEKSEK 0.75%0.75% 2/13/20232/13/2023
MLCX Grains ELEMENTSMLCX Grains ELEMENTS GRUGRU AMEXAMEX SEKSEK 0.75%0.75% 2/14/20232/14/2023
MLCX Gold ELEMENTSMLCX Gold ELEMENTS GOEGOE AMEXAMEX Credit SuisseCredit Suisse 0.375%0.375% 4/10/20234/10/2023
MLCX Livestock ELEMENTSMLCX Livestock ELEMENTS LSOLSO AMEXAMEX Credit SuisseCredit Suisse 0.75%0.75% 4/10/20234/10/2023
MLCX Precious Metals ELEMENTSMLCX Precious Metals ELEMENTS PMYPMY NYSE ArcaNYSE Arca Credit SuisseCredit Suisse 0.75%0.75% 4/10/20234/10/2023
COMMODITY ELEMENTS
For Capital Link Conference Only - Not for Distribution
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CURRENCYCURRENCY TICKERTICKER EXCHANGEEXCHANGE ISSUERISSUER ANNUAL FEEANNUAL FEE MATURITYMATURITY
Euro ELEMENTSEuro ELEMENTS EREERE NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.40%0.40% 2/23/20232/23/2023
Swiss Franc ELEMENTSSwiss Franc ELEMENTS SZESZE NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.40%0.40% 2/23/20232/23/2023
British Pound ELEMENTSBritish Pound ELEMENTS EGBEGB NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.40%0.40% 2/23/20232/23/2023
Australian Dollar ELEMENTSAustralian Dollar ELEMENTS ADEADE NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.40%0.40% 2/23/20232/23/2023
Canadian Dollar ELEMENTSCanadian Dollar ELEMENTS CUDCUD NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.40%0.40% 2/23/20232/23/2023
CURRENCY ELEMENTS
For Capital Link Conference Only - Not for Distribution
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EQUITYEQUITY TICKERTICKER EXCHANGEEXCHANGE ISSUERISSUER ANNUAL ANNUAL FEEFEE MATURITYMATURITY
Global Warming ELEMENTSGlobal Warming ELEMENTS GWOGWO NYSE ArcaNYSE Arca Credit SuisseCredit Suisse 0.75%0.75% 4/10/20234/10/2023
SPECTRUM U.S. ELEMENTSSPECTRUM U.S. ELEMENTS EEHEEH NYSE ArcaNYSE Arca SEKSEK 0.75%0.75% 8/8/20228/8/2022
Morningstar Wide Moat ELEMENTSMorningstar Wide Moat ELEMENTS WMWWMW NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.75%0.75% 10/24/202210/24/2022
Dogs of the Dow ELEMENTSDogs of the Dow ELEMENTS DODDOD NYSE ArcaNYSE Arca Deutsche BankDeutsche Bank 0.75%0.75% 11/14/202211/14/2022
EQUITY ELEMENTS
For Capital Link Conference Only - Not for Distribution
ELEMENTS and ELEMENTS (design) are service marks of MLPF&S, Inc.© 2007 MLPF&S, Inc. Member, Securities Investor Protection Corporation (SIPC).
For More Information:
Visit us at www.ELEMENTSetn.com
Call us at 1-877-ETN ADVICE (386-2384)
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This presentation is not an offer to sell ELEMENTS or the solicitation of an offer to buy ELEMENTS, nor shall there be any sale of ELEMENTS in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer or sale of ELEMENTS will only be made by means of a related prospectus. Further, this presentation does not take into account specific investment objectives, financial situation or risk tolerance of any particular investor. Investors should review the relevant prospectus to determine if an investment in a structured product is appropriate for them.
The information contained herein has been compiled by from sources believed to be reliable. However, we make no representation or warranty and take no responsibility for the accuracy thereof. To the extent that this document contains forecasts, please be advised that forecasts are based upon a number of estimates and assumptions that are subject to significant business, economic, regulatory and competitive uncertainties. Forecasts are inherently subjective, and actual results and subsequent forecasts may vary significantly from these forecasts. Any information in this presentation related to past performances is not necessarily indicative of future results. We shall have no obligation to continue to provide or update any information provided to you, even if it becomes aware that circumstances have changed and/or that the information mentioned herein is no longer current or accurate.
You should not construe any of the material contained in the this document as business, financial, investment, hedging, trading, legal, regulatory, tax or accounting advice and you should not make this document the primary basis for any trading decisions. We do not hold a fiduciary relationship with you. Nothing in these materials should be construed to constitute an offer to do business with you on the terms set forth herein or on any other terms. The examples and prices provided in this document are for illustrative purposes only and do not reflect the actual prices at which we will enter into any transaction. This presentation and the contents thereof may not be reproduced, distributed or published by you to a third party by any means.
2007 Copyright Merrill Lynch Pierce Fenner & Smith Incorporated, Member SIPC
DISCLAIMERDISCLAIMER
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