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

JPMorgan Chase & Co., through its subsidiary JPMorgan Financial Company LLC, has introduced a new structured investment 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 tied to the performance of the MerQube US Tech+ Vol Advantage Index, which tracks the volatility advantage of the US tech sector. The index includes a 6.0% per annum daily deduction and is subject to a notional financing cost.

If the closing level of the index on any review date is greater than or equal to 85.00% of its initial value, investors will receive a contingent interest payment of $7.7083 per $1,000 principal amount note, plus any previously unpaid contingent interest payments for prior review dates.

The notes are callable if the closing level of the index on any review date is greater than or equal to 95.00% of its initial value. The earliest possible call date is March 25, 2027.