JPMorgan Issues Uncapped Dual Directional Accelerated Barrier Notes Linked to S&P 500<sup>®</sup> Futures Excess Return Index
JPMorgan Chase & Co. has issued uncapped dual directional accelerated barrier notes linked to the S&P 500® Futures Excess Return Index.
The notes, with a total of $4,036,000 in principal amount, are designed for investors seeking an uncapped return of 2.09 times any appreciation of the index at maturity or a capped, unleveraged return equal to the absolute value of any depreciation of the index at maturity (up to 40.00%) if the final value is greater than or equal to 60.00% of the initial value.
The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., and have a minimum denomination of $1,000 and integral multiples thereof.