Stocks
JPMorgan Chase Launches Uncapped Investment Notes Linked to Major Indexes
JPMorgan Chase & Co. has introduced the Uncapped Dual Directional Accelerated Barrier Notes Linked to the Lesser Performing of the Invesco QQQ TrustSM, Series 1 and the S&P 500® Index due September 12, 2030.
The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and are designed for investors seeking an uncapped return of 1.089 times any appreciation of the lesser performing Underlying at maturity.
The notes also offer a capped, unleveraged return equal to the absolute value of any depreciation of the lesser performing Underlying at maturity (up to 35.00%) if the Final Value of each Underlying is greater than or equal to 65.00% of its Initial Value.