JPMorgan Issues Auto Callable Notes Linked to MerQube US Tech+ Vol Advantage Index

JPMorgan Chase & Co. has issued a new type of financial instrument called Auto Callable Buffered Return Enhanced Notes Linked to the MerQube US Tech+ Vol Advantage Index.

The notes are designed for investors who seek early exit prior to maturity at a premium if, on the Review Date, the closing level of the MerQube US Tech+ Vol Advantage Index is at or above the Call Value.

The automatic call may be initiated as early as November 2, 2027, and the notes will be automatically called for a cash payment equal to $1,000 plus the Call Premium Amount, payable on the Call Settlement Date.