Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Capped Return Enhanced Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the Nasdaq-100 Index. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer investors a return of four times any appreciation of the least performing index, up to a maximum return of at least 87.25% at maturity. The notes are designed for investors willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal. The minimum investment is $1,000 with pricing expected on or about April 26, 2024, and settlement around May 1, 2024. The notes are subject to market...Show More