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

SEC announcement ·  May 3 17:18
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, backed by JPMorgan Chase & Co., has introduced a new structured investment product called '2.5yrNC6m NDXT/RTY/SPX Auto Callable Contingent Interest Notes'. These notes are linked to the performance of three major indices: the Nasdaq-100 Technology Sector Index, Russell 2000 Index, and S&P 500 Index. The product has a minimum denomination of $1,000 and offers a contingent interest rate between 7.50% and 9.50% per annum, paid quarterly if certain conditions are met. The notes have a pricing date set for May 14, 2024, with a final review date on November 16, 2026, and maturity on November 19, 2026. An automatic call feature is included, which can trigger an early redemption if the indices perform at or above their initial values on any review date. The estimated...Show More
JPMorgan Chase Financial Company LLC, backed by JPMorgan Chase & Co., has introduced a new structured investment product called '2.5yrNC6m NDXT/RTY/SPX Auto Callable Contingent Interest Notes'. These notes are linked to the performance of three major indices: the Nasdaq-100 Technology Sector Index, Russell 2000 Index, and S&P 500 Index. The product has a minimum denomination of $1,000 and offers a contingent interest rate between 7.50% and 9.50% per annum, paid quarterly if certain conditions are met. The notes have a pricing date set for May 14, 2024, with a final review date on November 16, 2026, and maturity on November 19, 2026. An automatic call feature is included, which can trigger an early redemption if the indices perform at or above their initial values on any review date. The estimated value at the time of setting the terms will be no less than $900 per $1,000 principal amount note. However, if the notes are not automatically called and the final value of any underlying index is below its trigger value, investors could lose more than 30% of their principal, up to the entire amount at maturity. The investment is subject to the credit risks of both the issuer and the guarantor, JPMorgan Chase & Co. The notes carry several risks, including potential loss of principal, credit risk, market risk, and liquidity risk, among others.
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