JPMorgan Funds - US Select Equity Plus Fund A (acc) - EUR (hedged)/  LU0281482918  /

To provide long-term capital growth, through exposure to US companies by direct investment in securities of such companies and through the use of derivatives. Uses a research-driven investment process that is based on the fundamental analysis of companies and their future earnings and cash flows by a team of specialist sector analysts. - Uses an active extension approach, buying securities considered attractive and selling short securities considered less attractive to improve potential returns without increasing overall net exposure to the market. Share Class Benchmark S&P 500 Index (Total Return Net of 30% withholding tax) Benchmark uses and resemblance - Performance comparison. -Basis for relative VaR calculations. The Sub-Fund is actively managed. Though the majority of its holdings (excluding derivatives) are likely to be components of the benchmark, the Investment Manager has broad discretion to deviate from its securities, weightings and risk characteristics. The degree to which the Sub-Fund may resemble the composition and risk characteristics of the benchmark will vary over time and its performance may be meaningfully different. Main investment exposure At least 67% of assets invested, either directly or through derivatives, in equities of companies that are domiciled, or carrying out the main part of their economic activity, in the US. The Sub-Fund will normally hold long positions of approximately 130%, and short positions (achieved through derivatives) of approximately 30% of net assets but may vary from these targets depending on market conditions. At least 51% of long positions are invested in companies with positive environmental and/or social characteristics that follow good governance practices as measured through the Investment Manager's proprietary ESG scoring methodology and/or third party data.

To provide long-term capital growth, through exposure to US companies by direct investment in securities of such companies and through the use of derivatives. Uses a research-driven investment process that is based on the fundamental analysis of companies and their future earnings and cash flows by a team of specialist sector analysts. - Uses an active extension approach, buying securities considered attractive and selling short securities considered less attractive to improve potential returns without increasing overall net exposure to the market. Share Class Benchmark S&P 500 Index (Total Return Net of 30% withholding tax) Benchmark uses and resemblance - Performance comparison. -Basis for relative VaR calculations.