S1 and S2 Share Classes

S1 Share Classes will be closed to new subscriptions or switches in (but not to redemptions or switches out) when the Share Class reaches a level of assets under management determined by the Management Company. Any S1 Share Class may be closed to new subscriptions or switches in without notice to Shareholders. Once closed, this Share Class will not be re-opened.

S2 Share Classes will be closed to new investors when the Share Class reaches a level of assets under management as determined by the Management Company. The Shares of S2 Share Classes will be switched automatically into the I Share Class of the Sub-Fund on the third anniversary of the launch of the first S2 Share Class in the same Sub-Fund (or if such anniversary is not a Valuation Day, on the immediately following Valuation Day) on the basis of the respective net asset values of the relevant S2 Share Class and I Share Class.

The date of automatic switch of the relevant S2 Share Classes can be found below. The switch may give rise to a tax liability for investors in certain jurisdictions. Investors should consult their local tax adviser about their own personal tax position.

Set out below is a summary of the current status of all S1 and S2 Share Classes launched.

If you are a private investor and you require investment advice, please contact your professional financial adviser.

S1 Share Classes

Fund Name / Share Class Name Status
JPMorgan Funds - Europe High Yield Short Duration Bond Fund Open
JPM Europe High Yield Short Duration Bond S1 (acc) - EUR Open
JPMorgan Funds - Global Capital Structure Opportunities Fund Open
JPM Global Capital Structure Opportunities S1 (acc) - EUR Open
JPMorgan Funds - Highbridge Europe STEEP Fund Open
JPM Highbridge Europe STEEP S1 (perf) (acc) - EUR Open
JPMorgan Funds - Multi-Manager Alternatives Fund Open
JPM Multi-Manager Alternatives S1 (acc) - CHF (hedged) Open
JPM Multi-Manager Alternatives S1 (acc) - EUR (hedged) Open
JPM Multi-Manager Alternatives S1 (acc) - SEK (hedged) Open
JPM Multi-Manager Alternatives S1 (acc) - USD Open

S2 Share Classes

Fund Name / Share Class Name Status S2 Share Class Launch Date S2 Share Class Conversion Date to I Share Class
JPMorgan Funds – Latin America Corporate Bond Fund Open    
JPM Latin America Corporate Bond S2 (acc) - USD Open 20th October 2017 19th October 2020
JPMorgan Funds – Europe Sustainable Equity Fund Open    
JPM Europe Sustainable Equity S2 (acc) - EUR Open 20th October 2017 19th October 2020
JPMorgan Funds – US Opportunistic Long-Short Equity Fund Open    
JPM US Opportunistic Long-Short Equity S2 (perf) (acc) - EUR (hedged) Open 14th March 2018 12th March 2021