Summary by Futu AI
On November 22, 2024, JPMorgan Chase Financial Company LLC announced the issuance of Trigger GEARS, unsecured debt securities linked to an unequally weighted basket of 5 equity indices. These indices include the EURO STOXX 50, Nikkei 225, FTSE 100, Swiss Market Index, and S&P/ASX 200. The securities offer enhanced growth potential with an Upside Gearing of at least 2.07, finalized on the Trade Date.Investors may face significant risks, including potential loss of principal if the Basket Return is negative and the Final Basket Value falls below the Downside Threshold of 75% of the Initial Basket Value. The securities do not pay interest or dividends and are subject to the creditworthiness of JPMorgan Financial and JPMorgan Chase & Co.The securities are offered at a minimum investment of $1,000, with a maturity date of November 26, 2027. The estimated value of the securities will be provided in the pricing supplement, and they will not be listed on any securities exchange.