JPMorgan Unveils Dual-Directional Structured Note Linked to S&P 500 Index
JPMorgan Chase Financial Company LLC has introduced a new structured note tied to the S&P 500 Index, offering investors a dual-directional return.
The SPX Dual Directional Buffered PLUS note will mature in approximately 24.5 months and guarantees a minimum payment of $100 at maturity.
Investors who benefit from the upside leverage can earn up to $1,210 per note, depending on the index's performance.
However, if the index declines by more than 10%, investors may lose up to 90% of their principal.