Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Uncapped Dual Directional Digital Barrier Notes. The notes, priced at $1,476,000, are linked to the performance of the least performing index among the EURO STOXX 50, the S&P 500, and the Russell 2000 indices, with a maturity date of June 20, 2029. The investment is designed for investors seeking exposure to the potential appreciation of the indices, with a contingent minimum return of 65.00% and a capped return of up to 30.00% in case of depreciation, provided certain conditions are met. The notes, which are unsecured and unsubordinated obligations, are fully and unconditionally guaranteed by JPMorgan Chase & Co. and involve a number of risks, as detailed...Show More