Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 2-year INDU/SPX Capped Dual Directional Buffered Return Enhanced Notes. The notes have a minimum denomination of $1,000 and are linked to the Dow Jones Industrial Average and S&P 500 Index. The pricing date is November 22, 2024, with maturity on November 27, 2026. The notes feature an upside leverage factor of 1.25 and a maximum upside return of at least 17.65%, capped at 20%. Payment at maturity depends on the performance of the lesser performing underlying.Investors face risks including potential loss of principal and credit risks associated with JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. The estimated value of the notes is expected to be lower than the issue price. No interest or dividend payments are included, and liquidity may be limited.
