JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, auto-callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The notes have a minimum denomination of $1,000 and target exposure to a Nasdaq-100–linked strategy via the QQQ Fund.
The notes pay a contingent interest rate of at least 8.00% per annum, credited monthly at a rate of at least 0.66667% when the index is at or above an interest barrier set at 80.00% of the initial value. Principal is protected only by a 30.00% buffer; if the final index value falls below 70.00% of the initial value, investors lose some or most of their principal at maturity.
The issuer states the estimated value will not be less than $900.00 per $1,000 principal amount, reflecting internal funding and hedging assumptions. Payments depend on the credit risk of both the issuer and guarantor, and investors do not receive dividends or voting rights from the QQQ Fund or its index.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The Index tracks a leveraged, volatility-targeted exposure to an unfunded position in the Invesco QQQ Trust, less a 6.0% per annum daily deduction and a daily notional financing cost.
The notes can pay a contingent monthly interest rate of at least 11.25% per annum (0.9375% per month) if the Index is at or above an interest barrier set at 70% of the Initial Value. They are subject to an automatic call if the Index is at or above its Initial Value on certain review dates, which would return principal plus the applicable interest and end the investment early. At maturity in March 2031, if not called, investors benefit from a 30% buffer, but below that threshold principal losses increase in line with Index declines, and some or most principal may be lost. All payments depend on the credit of the issuer and guarantor, and the estimated value at pricing will not be less than $900 per $1,000 principal amount.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The index references an unfunded position in the Invesco QQQ Trust and reflects a 6.0% per annum daily deduction plus a notional financing cost.
The notes pay a contingent interest rate of at least 9.25% per annum, credited monthly if the index stays at or above a specified interest barrier on review dates. They include an automatic call feature that redeems the notes early if the index is at or above its initial value on certain review dates.
At maturity, investors benefit from a 30% downside buffer but lose principal if the index falls more than this buffer below its initial value. The estimated value will not be less than $900 per $1,000 principal amount, and all payments depend on the credit of the issuer and guarantor. Extensive risk factors highlight potential loss of principal, uncertain interest, leverage and volatility risks in the index and QQQ Fund, liquidity limits, conflicts of interest, and complex tax treatment.
J.P. Morgan is offering 5-year, auto-callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index. The notes have a minimum denomination of $1,000, are issued by JPMorgan Chase Financial Company LLC and guaranteed by JPMorgan Chase & Co.
The notes can automatically be called quarterly after the first year if the index is at or above its initial level, paying back $1,000 plus the contingent interest for that quarter. They pay at least 9.50% per annum, in quarterly contingent coupons of at least 2.375%, only when the index is at or above 50% of its initial value on a review date. If held to maturity without being called and the final index level is at or above 50% of the initial level, investors receive $1,000 plus the final contingent interest. If the final level is below 50%, principal is reduced 1-for-1 with the index decline from the initial level, leading to losses greater than 50% and possibly a total loss. The index includes a 6.0% per annum daily deduction, and the estimated value at pricing will not be less than $900 per $1,000 note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering 5-year, non-call 1-year auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA), with a $1,000 minimum denomination.
The notes pay a contingent interest rate of at least 9.50% per annum, credited quarterly at a rate of at least 2.375%, but only if on a review date the index is at or above a 50.00% interest barrier. The same 50.00% level also serves as the trigger for principal protection at maturity.
If the notes are not automatically called and the final index value is below the trigger, repayment is reduced by 1% of principal for each 1% decline from the initial value, so investors can lose more than half, up to all, of their principal. The index incorporates a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund exposure, and the estimated value of each note on pricing will not be less than $900.00 per $1,000 principal amount, subject to JPMorgan’s credit risk.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Small-Cap Vol Advantage Index. The notes have a minimum denomination of $1,000 and target quarterly contingent interest of at least 13.50% per annum, paid at a rate of at least 3.375% per quarter if index conditions are met.
The Index uses leveraged futures on the Russell 2000 and applies a 6.0% per annum daily deduction. The notes can be automatically called quarterly if the index is at or above its initial level. Principal is protected only if, at maturity, the index is at or above 60.00% of the Initial Value; below that trigger, losses are one-for-one with the index decline and can reach a total loss. The estimated value at issuance will be at least $900 per $1,000 note, and all payments depend on the credit of the issuer and guarantor.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year auto-callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index. The notes have a $1,000 minimum denomination and reference an index that applies a 6.0% per annum daily deduction.
The notes pay a contingent interest rate of at least 13.50% per annum, or at least 3.375% per quarter, but only if on a review date the index is at or above 60% of its initial value. If on any review date (other than the first and final) the index closes at or above its initial value, the notes are automatically called and repay $1,000 plus that period’s contingent interest.
If not called, and the final index value is at or above the 60% trigger, investors receive $1,000 plus the final contingent interest. If the final value is below the trigger, repayment is reduced dollar-for-dollar with the index loss, leading to losses greater than 40% and potentially a total loss of principal. The estimated value will be at least $900 per $1,000 note, and investors face credit risk of both the issuer and guarantor, liquidity limits, complex index and futures exposure, and uncertain tax treatment.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., offers 3-year, North America Structured Investments "3yrNC6m MQUSLVA Auto Callable Contingent Interest Notes" linked to the MerQube US Large-Cap Vol Advantage Index.
The notes have a minimum denomination of $1,000 and offer a contingent interest rate of at least 12.50% per annum, paid quarterly at a rate of at least 3.125% per quarter, but interest is only paid if on a review date the index closes at or above a specified barrier level equal to 60% of the initial index value.
The notes can be automatically called on quarterly review dates (other than the first and final) if the index closes at or above its initial value, paying back principal plus the applicable contingent interest and ending further payments. If the notes are not called and, at maturity, the index is at or above the trigger value (60% of the initial value), investors receive principal plus the final contingent interest payment. If at maturity the index is below the trigger value, repayment is reduced by the full negative index return, so investors can lose more than 40% and up to all of their principal.
The index itself applies a 6.0% per annum daily deduction and uses leveraged exposure (up to 500%) to E-Mini S&P 500 futures. The estimated value of the notes on the pricing date will not be less than $900 per $1,000 of principal and may be lower than the price to the public. The filing highlights multiple risks including loss of principal, the possibility of no interest payments, limited liquidity, complex index behavior, leverage and futures risks, conflicts of interest, and the credit risk of both the issuer and guarantor.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, auto-callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index (ticker MQUSTVA), which references the Invesco QQQ Trust with daily fees and financing costs.
The notes pay a contingent interest rate of at least 10.50% per year, or at least 2.625% per quarter, but only if on a quarterly review date the index is at or above 50% of its initial level; otherwise no interest is paid. Starting after the first year, if on a review date the index is at or above its initial level, the notes are automatically called and repay principal plus that period’s contingent interest.
At maturity in March 2031, if not called and the final index level is at or above 50% of its initial value, investors receive principal plus the final contingent interest payment. If the final level is below 50% of the initial value, repayment is reduced one-for-one with the index loss, leading to more than 50% principal loss and possibly total loss. The estimated value at pricing will be at least $900 per $1,000 note, and investors face credit risk of both issuing and guaranteeing entities, liquidity constraints, significant index fees, leverage in the index, and potential conflicts of interest.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, quarterly-pay Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index. The notes have a $1,000 minimum denomination and an estimated value of not less than $900 per $1,000 note when set.
The notes pay a contingent interest rate of at least 13.50% per annum (at least 3.375% per quarter) only if the Index is at or above a barrier equal to 60% of its initial value on each review date. They may be called early if the Index is at or above its initial value on any review date other than the first and final.
If not called, and the final Index value is at or above the 60% trigger, investors receive principal plus the final contingent interest. If the final value falls below the trigger, repayment is reduced 1% for each 1% Index decline, and investors can lose more than 40% and up to all principal.