JPMorgan Chase Introduces Capped Dual Directional Buffered Return Enhanced Notes
JPMorgan Chase & Co. has introduced a new financial product called Capped Dual Directional Buffered Return Enhanced Notes Linked to the S&P 500 Index, due on September 20, 2029.
The notes are designed for investors seeking a capped return of 1.10 times any appreciation (with a Maximum Upside Return of 40.00%) or a capped, unleveraged return equal to the absolute value of any depreciation (up to the Buffer Amount of 15.00%) of the S&P 500 Index at maturity.
The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and are priced at $1,000 each with a minimum denomination of $1,000 and integral multiples thereof.