Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product, offering $4,135,000 in Capped Accelerated Barrier Notes linked to the S&P SmallCap 600 Index, with a maturity date of February 26, 2029. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. They are designed for investors seeking a return of 1.40 times any appreciation of the S&P SmallCap 600 Index, up to a maximum return of 88.50% at maturity, but also carry the risk of losing some or all of the principal if the index underperforms. The notes were priced on February 21, 2024, with an expected settlement date of February 26, 2024. The investment involves risks, as detailed in...Show More