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424B2: Prospectus

SEC announcement ·  Jun 27 03:34
Summary by Futu AI
JPMorgan Chase Financial Company LLC has announced the issuance of Uncapped Dual Directional Buffered Return Enhanced Notes, linked to the S&P 500 Futures Excess Return Index, with a maturity date of July 10, 2029. These notes are designed for investors seeking a return of at least 1.95 times any appreciation of the index at maturity, with a capped return equal to the absolute value of any depreciation up to a 20% buffer. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and subject to the credit risks of both entities. The minimum investment is $1,000, with pricing expected around July 5, 2024, and settlement around July 10, 2024. The notes do not pay interest and investors risk losing up to 80% of their principal if the index depreciates beyond the buffer amount at maturity. The notes are not bank deposits, not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and product supplement.
JPMorgan Chase Financial Company LLC has announced the issuance of Uncapped Dual Directional Buffered Return Enhanced Notes, linked to the S&P 500 Futures Excess Return Index, with a maturity date of July 10, 2029. These notes are designed for investors seeking a return of at least 1.95 times any appreciation of the index at maturity, with a capped return equal to the absolute value of any depreciation up to a 20% buffer. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and subject to the credit risks of both entities. The minimum investment is $1,000, with pricing expected around July 5, 2024, and settlement around July 10, 2024. The notes do not pay interest and investors risk losing up to 80% of their principal if the index depreciates beyond the buffer amount at maturity. The notes are not bank deposits, not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and product supplement.

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