JPMorgan Chase Issues Notes Linked to MerQube US Tech+ Vol Advantage Index
JPMorgan Chase & Co., as guarantor and issuer, has announced the launch of new notes linked to the MerQube US Tech+ Vol Advantage Index (ticker: MQUSTVA).
The index reflects a deduction of 6.0% per annum that accrues daily, with the performance of the QQQ Fund subject to a notional financing cost that also accrues daily.
If the notes are automatically called on any Review Date (excluding the first through eleventh and final Review Dates), investors will receive a cash payment equal to $1,000 plus the Contingent Interest Payment applicable to that Review Date, as well as any previously unpaid Contingent Interest Payments for prior Review Dates.
The notes have an original issue date of September 30, 2026, with maturity on September 30, 2031. Investors can earn a contingent interest rate of 8.75% per annum, payable at a rate of 0.72917% per month.