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 Capped Dual Directional Buffered Equity Notes. The notes, priced at $1,938,000, are linked to the performance of the lesser performing of the Russell 2000 Index and the S&P 500 Index, with a maturity date set for October 30, 2025. Designed for investors seeking exposure to the indices with a capped potential return, the notes offer a maximum upside of 13.00% and a buffer amount of 10.00%, meaning investors could lose up to 90.00% of their principal if the indices perform poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. They were priced on September...Show More