JPMorgan Launches Structured Notes Linked to Key Indices and ETF

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced a structured note offering linked to key financial indices and an ETF. The product, set to launch on or around October 6, 2026, is tied to the performance of the Dow Jones Industrial Average, the S&P 500 Equal Weight Index, and the State Street Consumer Discretionary Select Sector SPDR ETF.

The notes offer a contingent interest payment of 9.70% per annum, paid monthly at a rate of 0.80833%. However, this interest is contingent on the closing values of the underlying assets meeting or exceeding their interest barriers, which are set at 70% of their initial values. If any underlying falls below this threshold, no interest payment is made.

The notes have a maturity date of April 6, 2028, with automatic call provisions if the underlying assets meet or exceed their initial values on any review date. If the notes are not called and the final values of the underlyings are below their trigger values, investors could lose more than 30% of their principal or even all of it.

The initial values of the underlyings are set at 50,926.56 for the Dow Jones Industrial Average, 8,470.56 for the S&P 500 Equal Weight Index, and $108.81 for the ETF. The notes also include provisions for market disruption events and early acceleration in the event of certain triggers.