JPMorgan Launches New Investment Product Linked to Consumer Discretionary, Utilities, and Russell 2000 ETFs
The JPMorgan Chase Financial Company LLC has launched a new investment product called Auto Callable Contingent Interest Notes Linked to the Least Performing of the State Street Consumer Discretionary Select Sector SPDR ETF, the State Street Utilities Select Sector SPDR ETF and the iShares Russell 2000 ETF. These notes are fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a total issue amount of $7,435,000 and will be priced on September 30, 2026. They are expected to settle on or about October 5, 2026. The minimum denomination is $1,000 and integral multiples thereof.
Investors in these notes can expect to receive a Contingent Interest Payment with respect to each Review Date for which the closing price of one share of each Fund is greater than or equal to 85.00% of its Strike Value, also known as an Interest Barrier. The notes will be automatically called if the closing price of one share of each Fund on any Review Date (other than the final Review Date) is greater than or equal to its Strike Value.
The earliest date on which an automatic call may be initiated is October 29, 2026. Investors should be willing to accept the risk of losing some or all of their principal and the risk that no Contingent Interest Payment may be made with respect to some or all Review Dates.