Transcript: <h2>Note:</h2>
<p>This video uses animated infographics.</p>
<h2>On screen:</h2>
<p>J.P. Morgan.</p>
<p>Investment and insurance products:</p>
<p>Not a deposit.</p>
<p>Not FDIC insured.</p>
<p>Not insured by any federal government agency.</p>
<p>No bank guarantee.</p>
<p>May lose value.</p>
<p>Subject to investment risks, including possible loss of the principal amount invested.</p>
<p>Volatility Made Simple by J.P. Morgan.</p>
<h2>Note:</h2>
<p>A subdued jazzy melody plays.</p>
<h2>Narrator:</h2>
<p>What is volatility? Volatility is the change in the price of your investments.</p>
<h2>On screen:</h2>
<p>A meter travels along a line graph. It displays a monetary value, which fluctuates up and down as it moves. A car travels beneath it.</p>
<h2>Narrator:</h2>
<p>Prices can change as the markets go up and down. It’s totally normal.</p>
<h2>On screen:</h2>
<p>An infographic shows a hand, giving the "thumbs up" gesture.</p>
<h2>Narrator:</h2>
<p>Due to market volatility, you may see that one day your portfolio is worth $1000 and the next week its worth $925.</p>
<h2>On screen:</h2>
<p>A mobile device shows a screen labeled “Portfolio” which displays a fluctuating bar chart.</p>
<h2>On screen:</h2>
<p>$1000</p>
<p>$925</p>
<h2>Narrator:</h2>
<p>Just like gas prices go up and down, so will the value of your investments.</p>
<h2>On screen:</h2>
<p>A car pulls into a gas station, where a meter shows gasoline prices fluctuating between $3.50 and $4.70.</p>
<h2>Narrator:</h2>
<p>You likely won’t stop driving when gas prices change. You still need to get where you are going.</p>
<h2>On screen:</h2>
<p>A mobile device displays directions on a local map.</p>
<h2>Narrator:</h2>
<p>The same should be true for investing. When the markets are down it may be tempting to get off the road, but just remember… staying invested over time can help you benefit from the long-term upward trend in markets.</p>
<h2>On screen:</h2>
<p>After briefly pausing at an exit ramp, a car drives straight along a road labeled "Investing."</p>
<h2>On screen:</h2>
<p>Volatility Made Simple by J.P. Morgan.</p>
<h2>On screen:</h2>
<p>J.P. Morgan.</p>
<h2>Note:</h2>
<p>Legal disclosures appear.</p>
<h2>On screen:</h2>
<p>Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.</p>
<p>Past performance is not a guarantee of future results.</p>
<p>The price of equity securities may rise or fall due to the changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably. Equity securities are subject to ‘stock market risk’ meaning that stock prices in general may decline over short or extended periods of time.</p>
<p>This video and its content have been developed for J.P. Morgan Securities LLC clients and prospects and is for informational and educational purposes only. It is designed to provide general market commentary and information relating to certain services offered by J.P. Morgan Securities LLC, an affiliate of JPMorgan Chase & Co. Opinions expressed herein are those of the author and may differ from those of other J.P. Morgan employees and affiliates. The information in no way constitutes J.P. Morgan research and should not be trusted as such.</p>
<p>Further, the views expressed herein may differ from that contained in J.P. Morgan research reports.</p>
<p>The information and views expressed are not intended to provide specific advice or recommendations for any individual. You should carefully consider your needs and objectives before making any decisions. For specific guidance on how this information should be applied to your situation, you should consult your advisor.</p>
<p>Investment products and services are offered through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment advisor, member of FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMS, CIA and J.P. Morgan Chase Bank, N.A. are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.</p>
<p>Copyright {{copyrightCurrentYear}} JPMorgan Chase & Co.</p>
<p>END</p>