JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product. The offering, priced on September 12, 2024, consists of $2,865,000 Capped Dual Directional Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of March 17, 2027. These notes are designed for investors seeking exposure to the S&P 500's performance with capped potential returns and a buffer against potential losses. The notes offer a maximum upside return of 21.60% and a buffer amount of 20.00%, meaning investors could lose up to 80% of their principal if the index's final value falls significantly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The...Show More

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product. The offering, priced on September 12, 2024, consists of $2,865,000 Capped Dual Directional Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of March 17, 2027. These notes are designed for investors seeking exposure to the S&P 500's performance with capped potential returns and a buffer against potential losses. The notes offer a maximum upside return of 21.60% and a buffer amount of 20.00%, meaning investors could lose up to 80% of their principal if the index's final value falls significantly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, which do not pay interest or dividends, are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The notes were expected to settle around September 17, 2024, with a minimum investment of $1,000. Investing in the notes involves risks, as detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $985.60 per $1,000 principal amount, which is lower than the public offering price due to various costs, including selling commissions and hedging expenses.