JPMorgan Introduces Structured Notes Linked to MerQube Index
JPMorgan Chase & Co. has introduced a new structured investment product linked to the MerQube US Large-Cap Vol Advantage Index, set to mature on October 15, 2031. The notes, issued by JPMorgan Chase Financial Company LLC and fully guaranteed by JPMorgan Chase & Co., are designed for investors seeking early exit prior to maturity at a premium. The earliest automatic call date is October 14, 2027, with the Call Premium Amount increasing with each subsequent Review Date.
The notes come with several key risks, including the potential loss of principal at maturity and a 6.0% per annum daily deduction applied to the Index, which will negatively impact its performance. Investors should be aware that the notes are unsecured and unsubordinated obligations, subject to the credit risk of both the issuer and the guarantor. The notes are expected to price on or about October 9, 2026, and settle on or about October 15, 2026, with a minimum denomination of $1,000.
If the notes were priced today, their estimated value would be approximately $891.20 per $1,000 principal amount. This estimated value will be provided in the pricing supplement and will not be less than $880.00 per $1,000 principal amount note. The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation, and are not obligations of or guaranteed by a bank.