Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product. The $570,000 Capped Buffered Return Enhanced Notes are linked to the MSCI EAFE Index and are due on January 29, 2026. These notes are designed for investors seeking a return of 1.50 times any appreciation of the MSCI EAFE Index, up to a maximum return of 19.75% at maturity. However, investors should be prepared to forgo interest and dividend payments and accept the risk of losing up to 85% of their principal if the index performs poorly. The notes, which are unsecured and unsubordinated obligations, were priced on July 24, 2024, with an expected settlement date around July 29, 2024. The notes are guaranteed by JPMorgan Chase & Co. and have...Show More