JPMorgan Chase Launches Capped Buffered Return Enhanced Notes with 150% Maximum Return
JPMorgan Chase Financial Company LLC has introduced a new investment product called Capped Buffered Return Enhanced Notes Linked to the S&P 500 Futures Excess Return Index. The notes are designed for investors seeking a return of 2.90 times any appreciation of the S&P 500 Futures Excess Return Index, up to a maximum return of 150.00%, at maturity.
The notes have a minimum denomination of $1,000 and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The payment on the notes is subject to the credit risk of JPMorgan Financial and the credit risk of JPMorgan Chase & Co.
The estimated value of the notes was $967.10 per $1,000 principal amount note when the terms were set. Investing in the notes involves a number of risks, including the possibility of losing up to 85.00% of the principal amount at maturity.