Nomura Asset Management confirms that the credit rating of the securities listed below, in relation to the NF India Nifty 50 ETF (1678), has been revised upward.

  • Date of Announcement: May 19, 2015
  • Name of the Securities: IN) J.P. MORGAN STRUCTURED PBV
  • Issuer of the Securities: J.P. Morgan Structured Products B.V.
    (Guarantor: JPMorgan Chase Bank N.A.)
  • Note: These securities use the credit rating of JPMorgan Chase Bank N.A.
  • Rating Institution: Fitch Ratings
  • Credit Rating before Revision: A+
  • Credit Rating after Revision: AA-