JPMorgan Chase Files New Callable Contingent Interest Notes Tied to Major US Indices

JPMorgan Chase Financial Company LLC has filed a new product offering in the form of Callable Contingent Interest Notes. The notes are tied to the performance of the Dow Jones Industrial Average, Russell 2000 Index, and S&P 500 Index over a four-year period.

The minimum denomination for each note is $1,000, with an estimated value of at least $900 per $1,000 principal amount note. The notes will pay at least 8.65% per annum in contingent interest, paid monthly if applicable.

However, investors should be aware that the notes come with significant risks. The issuer and guarantor, JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., respectively, are subject to credit risk, meaning the value of the notes prior to maturity will be affected by changes in market perceptions of their creditworthiness.

Furthermore, if the final value of any underlying index is less than its trigger value, investors could lose more than 35% of their principal amount at maturity.