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FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Jun 27 03:34
Summary by Futu AI
JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of a new structured investment product, the 5-year SPXFP Uncapped Accelerated Barrier Notes. These notes are linked to the performance of the S&P 500 Futures Excess Return Index and have a minimum denomination of $1,000. The pricing date is set for July 19, 2024, with an observation date five years later on July 19, 2029, and maturity date shortly after on July 24, 2029. The notes feature an upside leverage factor of at least 2.24, with the potential for investors to receive more than their principal investment depending on the final value of the index. However, if the index's final value falls below the barrier amount, which is 60% of the initial...Show More
JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of a new structured investment product, the 5-year SPXFP Uncapped Accelerated Barrier Notes. These notes are linked to the performance of the S&P 500 Futures Excess Return Index and have a minimum denomination of $1,000. The pricing date is set for July 19, 2024, with an observation date five years later on July 19, 2029, and maturity date shortly after on July 24, 2029. The notes feature an upside leverage factor of at least 2.24, with the potential for investors to receive more than their principal investment depending on the final value of the index. However, if the index's final value falls below the barrier amount, which is 60% of the initial value, investors could lose a significant portion, up to the entire principal amount. The estimated value of the notes at the time of setting their terms will be no less than $960 per $1,000 note. Investors are cautioned about the credit risks associated with both the issuer and the guarantor, and the lack of guaranteed principal return. The notes will not pay interest and investors will not have rights to the underlying futures contracts or securities. The offering is subject to market risks, including the performance of the index and the underlying futures contracts, and potential negative roll returns. JPMorgan Chase & Co. has filed relevant documents with the SEC, which investors are encouraged to read for more detailed information about the offering and associated risks.

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