JPMorgan Chase Introduces New Notes Linked to MerQube US Tech+ Vol Advantage Index

JPMorgan Chase & Co has introduced a new financial product linked to the MerQube US Tech+ Vol Advantage Index. The notes, offered by JPMorgan Chase Financial Company LLC, will be available for purchase in late August 2026 and mature on August 29, 2031.

The MerQube US Tech+ Vol Advantage Index attempts to provide a dynamic rules-based exposure to the underlying asset, which is currently an unfunded position in the Invesco QQQ Trust SM, Series 1. The index has a maximum exposure of 500% and a minimum exposure of 0%.

The notes will be subject to a daily deduction of 6.0% per annum, as well as a notional financing cost deducted daily. If the final value of the underlying asset is greater than the initial value, investors will receive a payment at maturity calculated using an upside leverage factor of at least 3.00.