Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of July 12, 2029. The notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking contingent interest payments based on the performance of the index, with the potential for automatic call if the index reaches a specified level. The notes, which are unsecured and unsubordinated obligations, were priced on July 8, 2024, with a settlement date around July 11, 2024. The notes are subject to a 6.0% per annum daily deduction from the index and a notional financing cost, which may affect the performance of the investment. The minimum investment is set at denominations of...Show More