JPMorgan Chase Files Notes Tied to S&P 500 Futures Excess Return Index

JPMorgan Chase Financial Company LLC has filed a preliminary pricing supplement for its North America Structured Investments 5yr SPXFP Buffered Return Enhanced Notes. The notes are tied to the S&P 500 Futures Excess Return Index, and their price will be set on August 26, 2026.

The notes offer an upside leverage factor of at least 2.085 times the underlying return, but they also come with a buffer amount of 10% and potential losses if the index declines beyond that point. The estimated value of each $1,000 note is at least $900, but investors should be aware of the credit risks associated with JPMorgan Chase Financial Company LLC as issuer and JPMorgan Chase & Co. as guarantor.