JPMorgan Chase Issues Auto Callable Contingent Interest Notes Linked to MerQube US Tech+ Vol Advantage Index

JPMorgan Chase & Co. has issued a new financial product called Auto Callable Contingent Interest Notes Linked to the MerQube US Tech+ Vol Advantage Index.

The notes are designed for investors seeking a Contingent Interest Payment with respect to each Review Date, provided the closing level of the MerQube US Tech+ Vol Advantage Index is greater than or equal to 85.00% of its Initial Value.

If the closing level of the index is above 95.00% of its Initial Value on any Review Date (other than the first through fifth and final Review Dates), the notes will be automatically called, allowing investors to receive their principal back early.