{"annotation_id":"24c8ecde-12fc-4816-940f-171293aedecd","file_hash":"69abc606bc1e77cba363418c9a632324d2f2894c23ec0e663ed33bbc709b4e78","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b45c659c-8cce-4f67-8b71-aee1ba401421","block_type":"box","text":"A broad view of sustainability","page_number":1,"box":{"x":47,"y":565,"width":267,"height":13}},{"id":"fc2d20f1-9ec9-4dee-9cc1-9790659ec2de","block_type":"box","text":"The fund takes a best-in-class approach to sustainable investing,","page_number":1,"box":{"x":47,"y":585,"width":395,"height":8}},{"id":"dfd7e351-8532-431e-93cd-77dbde6054fe","block_type":"box","text":"seeking to invest in companies that are sustainable in the broadest","page_number":1,"box":{"x":48,"y":597,"width":404,"height":8}},{"id":"f6166202-7d9f-4cc2-9ce5-bc3cf90e20ec","block_type":"box","text":"sense, with effective governance, superior management of","page_number":1,"box":{"x":48,"y":609,"width":355,"height":8}},{"id":"1823a728-cae2-4a1e-a03b-54a189739ea7","block_type":"box","text":"environmental and social issues, and a durable economic model.","page_number":1,"box":{"x":48,"y":620,"width":393,"height":8}},{"id":"90f5d907-474b-4669-8f12-d2a9c246d139","block_type":"box","text":"Lack of coverage of emerging markets companies by major ESG","page_number":1,"box":{"x":48,"y":636,"width":387,"height":8}},{"id":"c70c8429-c5d8-48a2-b61f-5a89be8bc67e","block_type":"box","text":"providers, combined with lower levels of transparency, means","page_number":1,"box":{"x":48,"y":648,"width":371,"height":8}},{"id":"681fc603-0f93-447c-9efb-4156249f795a","block_type":"box","text":"proprietary research and local knowledge are invaluable in building","page_number":1,"box":{"x":48,"y":659,"width":406,"height":9}},{"id":"b2724ef6-c42d-4131-baf0-efac56d47d98","block_type":"box","text":"a sustainable portfolio. We draw on the depth and breadth of our","page_number":1,"box":{"x":48,"y":671,"width":388,"height":9}},{"id":"510e0623-c1ae-4112-8cff-9507f06ed429","block_type":"box","text":"100-strong team to conduct detailed bottom-up analysis, seeking","page_number":1,"box":{"x":48,"y":683,"width":397,"height":9}},{"id":"454674da-c81d-4b9d-b242-ffaab69942ac","block_type":"box","text":"companies that meet our sustainability criteria and offer attractive","page_number":1,"box":{"x":48,"y":695,"width":402,"height":9}},{"id":"81cd81fc-0628-4233-b64f-b6e39fe1466b","block_type":"box","text":"expected returns.","page_number":1,"box":{"x":48,"y":707,"width":106,"height":9}},{"id":"92012976-c60f-4a3e-964e-5bc8b886d9c8","block_type":"box","text":"Building a sustainable portfolio","page_number":1,"box":{"x":49,"y":724,"width":277,"height":13}},{"id":"46c1c421-69ac-40b6-8254-27af5e354ad7","block_type":"box","text":"The fund seeks to build a best-in-class sustainable portfolio through a","page_number":1,"box":{"x":47,"y":744,"width":434,"height":8}},{"id":"b26c9a54-bddd-4f7b-8e8e-6bff1c232d0c","block_type":"box","text":"four-step process.","page_number":1,"box":{"x":47,"y":755,"width":113,"height":9}},{"id":"3ea83b06-de51-461c-950b-8409350af987","block_type":"box","text":"1.","page_number":1,"box":{"x":48,"y":774,"width":7,"height":7}},{"id":"7426bf4c-35df-427b-a718-c0c02eec998a","block_type":"box","text":"Exclude unsustainable industries","page_number":1,"box":{"x":63,"y":774,"width":204,"height":7}},{"id":"fdebc8e6-2193-4f3b-9d98-011e83bff081","block_type":"box","text":": We exclude certain industries","page_number":1,"box":{"x":269,"y":774,"width":186,"height":7}},{"id":"c7c4335b-527a-487a-94b0-9abc1a63d1c3","block_type":"box","text":"based on norms and principles.","page_number":1,"box":{"x":63,"y":786,"width":195,"height":9}},{"id":"1c6f0d4b-30d3-4f6c-81b0-c74b25924d15","block_type":"box","text":"2.","page_number":1,"box":{"x":47,"y":801,"width":10,"height":7}},{"id":"b3757ed4-2659-4779-98c1-aa552ce1a178","block_type":"box","text":"Exclude unsustainable businesses","page_number":1,"box":{"x":63,"y":801,"width":213,"height":7}},{"id":"c9ed68aa-2f41-4093-b586-d5e2d3901a06","block_type":"box","text":": We exclude stocks ranking in the","page_number":1,"box":{"x":277,"y":801,"width":207,"height":9}},{"id":"ffd0c626-2043-44aa-a991-0f17ef35ad25","block_type":"box","text":"bottom quintile by red flags on our checklist.","page_number":1,"box":{"x":63,"y":813,"width":273,"height":9}},{"id":"8e65d254-3064-4d9b-bf5d-a25ea2190e01","block_type":"box","text":"3.","page_number":1,"box":{"x":47,"y":828,"width":10,"height":7}},{"id":"769a3505-dc61-45cb-8574-294f08cbf20c","block_type":"box","text":"Identify sustainable leaders","page_number":1,"box":{"x":63,"y":828,"width":170,"height":9}},{"id":"99f345dd-f167-410c-a305-7673b8fa8d29","block_type":"box","text":": We invest in companies identified by","page_number":1,"box":{"x":234,"y":828,"width":232,"height":9}},{"id":"428c336a-ca30-4f1d-aa2f-51649d168065","block_type":"box","text":"our analysts as sustainable leaders within their sub-industries, or as","page_number":1,"box":{"x":63,"y":840,"width":421,"height":9}},{"id":"5041c6b9-8724-41ff-8daa-695bda65ebcc","block_type":"box","text":"demonstrating improving sustainability characteristics, based on","page_number":1,"box":{"x":63,"y":852,"width":403,"height":9}},{"id":"031ce57b-27cc-4d7d-9c9e-805ff624515c","block_type":"box","text":"our ESG-focused checklist and proprietary materiality framework.","page_number":1,"box":{"x":63,"y":864,"width":405,"height":9}},{"id":"6a428a2c-cee9-4922-8416-5ec01ed9fc10","block_type":"box","text":"4.","page_number":1,"box":{"x":47,"y":879,"width":10,"height":7}},{"id":"977181de-2c66-429d-a376-98bcdb89154e","block_type":"box","text":"Engage with companies","page_number":1,"box":{"x":63,"y":879,"width":146,"height":9}},{"id":"cc6fd488-470a-4a2f-b423-18fe4b1af917","block_type":"box","text":": We use active engagement to understand","page_number":1,"box":{"x":211,"y":879,"width":262,"height":9}},{"id":"e2d8ffe3-c117-4d45-88f4-28b5d9c06d2e","block_type":"box","text":"how companies approach ESG issues and to influence behaviour","page_number":1,"box":{"x":63,"y":891,"width":401,"height":9}},{"id":"db513ad7-88bb-4275-ab46-07067ee54563","block_type":"box","text":"and encourage best practice.","page_number":1,"box":{"x":63,"y":903,"width":182,"height":9}},{"id":"b3a7e1cf-25ad-4ee1-9905-2d20cde96ce1","block_type":"box","text":"Investment process","page_number":1,"box":{"x":515,"y":564,"width":135,"height":10}},{"id":"812be0c1-59df-44cf-bdd4-521b43e95107","block_type":"box","text":"Invest in sustainable leaders in emerging markets","page_number":1,"box":{"x":59,"y":155,"width":449,"height":13}},{"id":"1484abe6-06a4-467d-9674-2b319f5edfa2","block_type":"box","text":"Seek long-term capital growth from an emerging market equity portfolio with a fundamental, best-in-class","page_number":1,"box":{"x":58,"y":177,"width":814,"height":11}},{"id":"24ad1bec-0365-4def-950e-abf26e082a79","block_type":"box","text":"sustainable approach.","page_number":1,"box":{"x":58,"y":192,"width":171,"height":11}},{"id":"a50dcd28-39c6-41aa-bdf7-02680bc3c02d","block_type":"box","text":"Expertise","page_number":1,"box":{"x":59,"y":226,"width":64,"height":9}},{"id":"3e611bda-50a2-44c5-9783-fd4dd6e86b38","block_type":"box","text":"•","page_number":1,"box":{"x":58,"y":241,"width":5,"height":4}},{"id":"94508091-2790-4a5c-a2b9-f42fa6cd03c6","block_type":"box","text":"Approximately 100 portfolio managers and analysts across","page_number":1,"box":{"x":67,"y":239,"width":363,"height":9}},{"id":"69f73320-0612-4e86-abf8-fbfea7875871","block_type":"box","text":"nine locations conduct thousands of company meetings a year,","page_number":1,"box":{"x":68,"y":251,"width":391,"height":9}},{"id":"655b9afd-79bc-4d1b-9e9d-89575a75585f","block_type":"box","text":"working in partnership with a dedicated sustainable investing","page_number":1,"box":{"x":67,"y":262,"width":380,"height":9}},{"id":"e62651d1-01c8-4341-84e2-f41318021c77","block_type":"box","text":"team.","page_number":1,"box":{"x":67,"y":274,"width":34,"height":7}},{"id":"f345c1ca-f0f0-43de-9966-a7f9da7bb86e","block_type":"box","text":"Performance and risk by sustainability quintile","page_number":1,"box":{"x":524,"y":224,"width":317,"height":9}},{"id":"4f1c9371-da45-4cc8-b0c1-4e04d611a1fd","block_type":"box","text":"Volatility by quintile of Red Flags on the EMAP Checklist (%)","page_number":1,"box":{"x":523,"y":363,"width":321,"height":8}},{"id":"0039aff3-2a82-43ce-8040-4763d702f3e6","block_type":"box","text":"0.6","page_number":1,"box":{"x":581,"y":268,"width":14,"height":5}},{"id":"19ffbe1a-a50b-480f-9439-97adc8271701","block_type":"box","text":"0.9","page_number":1,"box":{"x":651,"y":259,"width":13,"height":5}},{"id":"a8442a9f-0661-4d69-8892-80ca7578458f","block_type":"box","text":"0.4","page_number":1,"box":{"x":720,"y":275,"width":13,"height":5}},{"id":"08f55507-ae61-4d5c-8e86-91f241517ee6","block_type":"box","text":"-","page_number":1,"box":{"x":787,"y":333,"width":3,"height":1}},{"id":"d4476415-67b0-4171-8425-c040f2545c5c","block_type":"box","text":"0.8","page_number":1,"box":{"x":791,"y":330,"width":13,"height":5}},{"id":"f3f20bac-3c4b-4ea8-b8cd-81385f4ed8c2","block_type":"box","text":"-","page_number":1,"box":{"x":856,"y":323,"width":3,"height":1}},{"id":"b32d5a63-a033-487e-aa35-1d4b7eac0204","block_type":"box","text":"0.5","page_number":1,"box":{"x":860,"y":320,"width":14,"height":5}},{"id":"d0008c1c-2bab-4527-916c-e7aef7f68add","block_type":"box","text":"-","page_number":1,"box":{"x":529,"y":332,"width":2,"height":0}},{"id":"a36858cb-84a6-460a-a03a-cee61f187954","block_type":"box","text":"1","page_number":1,"box":{"x":533,"y":329,"width":2,"height":5}},{"id":"0090453c-17d7-4acf-bd8c-bac962419211","block_type":"box","text":".","page_number":1,"box":{"x":536,"y":333,"width":2,"height":1}},{"id":"aeeda150-e84f-4811-acb2-4aaec8a46bbe","block_type":"box","text":"0","page_number":1,"box":{"x":538,"y":329,"width":6,"height":5}},{"id":"5cecbed6-eddb-42b6-ba37-9d6e45b9193a","block_type":"box","text":"-","page_number":1,"box":{"x":527,"y":315,"width":3,"height":0}},{"id":"3c692fde-ab63-4143-99e3-1f795f482120","block_type":"box","text":"0","page_number":1,"box":{"x":531,"y":312,"width":5,"height":5}},{"id":"86140faa-7862-47f8-bfa6-a467fc7879a6","block_type":"box","text":".","page_number":1,"box":{"x":537,"y":316,"width":1,"height":1}},{"id":"a61a78ef-eb79-46d9-9a9e-612ac080a434","block_type":"box","text":"5","page_number":1,"box":{"x":540,"y":312,"width":4,"height":5}},{"id":"0935fa14-ba2b-490b-8c17-406cd7c3c3ef","block_type":"box","text":"0","page_number":1,"box":{"x":530,"y":295,"width":5,"height":5}},{"id":"a13a120f-f99b-478c-8d45-3c024c9536a7","block_type":"box","text":".","page_number":1,"box":{"x":537,"y":299,"width":1,"height":1}},{"id":"12c6ce4b-7215-48a9-8586-f212ee854b3f","block_type":"box","text":"0","page_number":1,"box":{"x":539,"y":295,"width":5,"height":5}},{"id":"1feb8769-8697-4e09-88fd-2fddbef4f075","block_type":"box","text":"0","page_number":1,"box":{"x":531,"y":279,"width":5,"height":5}},{"id":"c72a8460-aa44-4834-86b9-0f04bd0cb31f","block_type":"box","text":".","page_number":1,"box":{"x":537,"y":283,"width":2,"height":1}},{"id":"60eca91e-ddc6-4ff0-b927-0f7adf841263","block_type":"box","text":"5","page_number":1,"box":{"x":539,"y":279,"width":5,"height":5}},{"id":"08b61519-fd9b-47e5-be40-e8faf8e58462","block_type":"box","text":"1","page_number":1,"box":{"x":532,"y":262,"width":3,"height":5}},{"id":"d1073c6d-1df5-419a-ae2a-f3d56692c119","block_type":"box","text":".","page_number":1,"box":{"x":536,"y":266,"width":1,"height":1}},{"id":"6c71469c-4a98-4a0b-b318-bf996b7d287a","block_type":"box","text":"0","page_number":1,"box":{"x":539,"y":262,"width":5,"height":5}},{"id":"1dd78744-b673-4340-bc82-0d45893e4855","block_type":"box","text":"Q","page_number":1,"box":{"x":571,"y":338,"width":6,"height":5}},{"id":"4635604a-3c25-490a-9c3d-9b3b23f5570a","block_type":"box","text":"1","page_number":1,"box":{"x":578,"y":338,"width":2,"height":5}},{"id":"b8eaeed0-8963-43b4-9042-82236a85dbbb","block_type":"box","text":"(","page_number":1,"box":{"x":585,"y":338,"width":2,"height":6}},{"id":"d78777e1-3c51-4625-995a-cb9d6aeaf0cc","block_type":"box","text":"E","page_number":1,"box":{"x":588,"y":338,"width":5,"height":5}},{"id":"f94efcf5-3b50-4a89-9c1d-efbcefca009f","block_type":"box","text":"S","page_number":1,"box":{"x":593,"y":338,"width":5,"height":5}},{"id":"b177c60a-65fd-446a-bd70-4d4bf15a1922","block_type":"box","text":"G","page_number":1,"box":{"x":598,"y":338,"width":6,"height":5}},{"id":"3ec37d18-789d-4d31-ad30-0da804c6d639","block_type":"box","text":"L","page_number":1,"box":{"x":569,"y":346,"width":5,"height":4}},{"id":"489dda34-24e6-4c35-8c19-957f2e310d41","block_type":"box","text":"e","page_number":1,"box":{"x":574,"y":347,"width":5,"height":3}},{"id":"80f29f33-daad-4cd3-b453-6f8c6bab4ebd","block_type":"box","text":"a","page_number":1,"box":{"x":580,"y":347,"width":4,"height":3}},{"id":"aa26a37b-93db-45bb-8f9b-104b45797846","block_type":"box","text":"d","page_number":1,"box":{"x":585,"y":346,"width":5,"height":4}},{"id":"d55905e7-8643-4aef-88eb-f86c2974bc60","block_type":"box","text":"e","page_number":1,"box":{"x":590,"y":347,"width":5,"height":3}},{"id":"a60fb0ba-7e8f-4917-a4dc-fb866bbbd9e6","block_type":"box","text":"r","page_number":1,"box":{"x":596,"y":347,"width":3,"height":3}},{"id":"8124a5e8-34c7-494b-b913-42d1c51343c8","block_type":"box","text":"s","page_number":1,"box":{"x":600,"y":347,"width":4,"height":3}},{"id":"8dda5341-a524-4fb1-8c1e-cfcc7cb1d95f","block_type":"box","text":")","page_number":1,"box":{"x":605,"y":346,"width":2,"height":6}},{"id":"25d579a0-ac80-4811-8345-5a1db2979db7","block_type":"box","text":"Q","page_number":1,"box":{"x":652,"y":338,"width":6,"height":5}},{"id":"9d082eac-e6f0-49b4-a17d-267016584031","block_type":"box","text":"2","page_number":1,"box":{"x":658,"y":338,"width":4,"height":5}},{"id":"d59d92f0-b88e-4f76-a1a6-f1a4a2350218","block_type":"box","text":"Q","page_number":1,"box":{"x":721,"y":338,"width":6,"height":5}},{"id":"f4397603-19e4-4a20-8abe-24e8d87ca384","block_type":"box","text":"3","page_number":1,"box":{"x":727,"y":338,"width":5,"height":5}},{"id":"2464cf93-8338-4b16-b217-bc7696dddb1e","block_type":"box","text":"Q4","page_number":1,"box":{"x":790,"y":338,"width":6,"height":5}},{"id":"4826a706-bdc4-43ae-87d8-7b29d6770111","block_type":"box","text":"Q4","page_number":1,"box":{"x":796,"y":338,"width":5,"height":5}},{"id":"5dba28b9-bc0b-4e1a-a7e3-dbee92de98bf","block_type":"box","text":"Q","page_number":1,"box":{"x":847,"y":338,"width":7,"height":5}},{"id":"dabd4969-c50c-457a-b297-6cb390770ef2","block_type":"box","text":"5","page_number":1,"box":{"x":854,"y":338,"width":5,"height":5}},{"id":"524c2c7d-e20b-46ae-b248-47c8a6450c6e","block_type":"box","text":"(","page_number":1,"box":{"x":862,"y":338,"width":2,"height":6}},{"id":"7035a28e-e7c0-47e8-8db8-dd72f8267ff0","block_type":"box","text":"E","page_number":1,"box":{"x":865,"y":338,"width":5,"height":5}},{"id":"42245121-ecc1-4a0b-af64-39a5339d13dd","block_type":"box","text":"S","page_number":1,"box":{"x":871,"y":338,"width":5,"height":5}},{"id":"e5e24ac8-b7b9-4eec-8ff1-8ac9533fd8b7","block_type":"box","text":"G","page_number":1,"box":{"x":876,"y":338,"width":6,"height":5}},{"id":"88155a73-fecd-4769-b9c4-8219b898fee8","block_type":"box","text":"L","page_number":1,"box":{"x":843,"y":346,"width":4,"height":4}},{"id":"5615365d-f631-4dd8-b07d-5168ed077873","block_type":"box","text":"a","page_number":1,"box":{"x":848,"y":347,"width":5,"height":3}},{"id":"be4c2ff1-f0e5-4fbf-bc59-ecfef61d7314","block_type":"box","text":"g","page_number":1,"box":{"x":853,"y":347,"width":5,"height":5}},{"id":"bbc1b9c5-5fb5-481a-9075-fd13d1e2d6f4","block_type":"box","text":"g","page_number":1,"box":{"x":859,"y":347,"width":4,"height":5}},{"id":"856af34b-6911-467c-a964-35bc3e2c54ad","block_type":"box","text":"a","page_number":1,"box":{"x":865,"y":347,"width":5,"height":3}},{"id":"806da560-02e0-4ed0-83ae-735bc36f9b48","block_type":"box","text":"r","page_number":1,"box":{"x":871,"y":347,"width":3,"height":3}},{"id":"0c19e636-c541-4848-be47-c8a14724a857","block_type":"box","text":"d","page_number":1,"box":{"x":874,"y":346,"width":5,"height":4}},{"id":"795f229e-58a8-406e-bfef-733befc3aabf","block_type":"box","text":"s","page_number":1,"box":{"x":880,"y":347,"width":5,"height":3}},{"id":"ac1e9c66-6fd5-4bf6-8f0c-1f7492cd9fc9","block_type":"box","text":")","page_number":1,"box":{"x":885,"y":346,"width":2,"height":6}},{"id":"d1ca8778-87b3-4ef0-8eff-95f6ab0c3b16","block_type":"box","text":"34.1","page_number":1,"box":{"x":577,"y":426,"width":15,"height":5}},{"id":"995c7f08-8d73-41da-92bf-58c5ed109d96","block_type":"box","text":"35.9","page_number":1,"box":{"x":644,"y":386,"width":17,"height":4}},{"id":"1146c848-38e1-418c-977d-472f7a1a49d9","block_type":"box","text":"35.6","page_number":1,"box":{"x":711,"y":392,"width":18,"height":5}},{"id":"415dc91c-dd3a-451d-b28d-08b4fd9976ec","block_type":"box","text":"35.3","page_number":1,"box":{"x":779,"y":398,"width":17,"height":5}},{"id":"0218fd2d-0ac9-4290-b266-5468bcca2633","block_type":"box","text":"35.3","page_number":1,"box":{"x":846,"y":399,"width":17,"height":5}},{"id":"913027b0-2d89-4787-8775-a1b9fb6a5778","block_type":"box","text":"3","page_number":1,"box":{"x":526,"y":454,"width":5,"height":6}},{"id":"f659f6fb-03c2-4644-9011-253966f389c7","block_type":"box","text":"3","page_number":1,"box":{"x":532,"y":454,"width":5,"height":6}},{"id":"9c88ef0d-4c73-48e3-a1f9-10281098acff","block_type":"box","text":".","page_number":1,"box":{"x":537,"y":459,"width":1,"height":1}},{"id":"7fc717c1-efb8-413e-b98c-a450fe3e0268","block_type":"box","text":"0","page_number":1,"box":{"x":540,"y":454,"width":6,"height":6}},{"id":"8037e7d7-c71b-4d21-a462-d068face029d","block_type":"box","text":"3","page_number":1,"box":{"x":527,"y":444,"width":4,"height":5}},{"id":"b084a4fe-4355-4c42-be61-ff298344d04d","block_type":"box","text":"3","page_number":1,"box":{"x":532,"y":444,"width":5,"height":5}},{"id":"f8a6ac4b-2839-4cf0-9c26-b0afff1829d4","block_type":"box","text":".","page_number":1,"box":{"x":538,"y":448,"width":1,"height":1}},{"id":"3a99da1a-436a-40f4-b8f6-ac7f29e2bc35","block_type":"box","text":"5","page_number":1,"box":{"x":541,"y":444,"width":5,"height":5}},{"id":"d1baad4b-0dcc-438f-b98a-4a2ec7517a16","block_type":"box","text":"3","page_number":1,"box":{"x":526,"y":433,"width":5,"height":5}},{"id":"cb28fa1f-334b-4901-9a53-53791a819f65","block_type":"box","text":"4","page_number":1,"box":{"x":531,"y":433,"width":6,"height":5}},{"id":"5c9a0e40-9ffb-4633-9424-c9f3ac73e2aa","block_type":"box","text":".","page_number":1,"box":{"x":538,"y":437,"width":1,"height":1}},{"id":"f74a18d2-7017-48c1-88bc-793884c7a619","block_type":"box","text":"0","page_number":1,"box":{"x":540,"y":433,"width":6,"height":5}},{"id":"cf391b60-eaf8-4b78-af26-093c054e1753","block_type":"box","text":"3","page_number":1,"box":{"x":526,"y":422,"width":5,"height":6}},{"id":"14dbf15d-289c-4d3e-a81d-bdf5fa0ee3bd","block_type":"box","text":"4","page_number":1,"box":{"x":532,"y":422,"width":6,"height":6}},{"id":"616f395e-967d-4386-ac6a-2b7314a8b8d2","block_type":"box","text":".","page_number":1,"box":{"x":539,"y":427,"width":1,"height":1}},{"id":"9fe191a3-8ccc-4795-b6cb-3b35add08ce7","block_type":"box","text":"5","page_number":1,"box":{"x":541,"y":422,"width":5,"height":6}},{"id":"ed6fddd7-1ef7-494a-9fd6-0860c3bc185e","block_type":"box","text":"3","page_number":1,"box":{"x":525,"y":412,"width":5,"height":5}},{"id":"d43c375e-b237-4780-9812-39795534627f","block_type":"box","text":"5","page_number":1,"box":{"x":531,"y":412,"width":6,"height":5}},{"id":"94e270c8-9a94-480b-b25f-45ebd2008e67","block_type":"box","text":".","page_number":1,"box":{"x":538,"y":416,"width":1,"height":1}},{"id":"48a854bb-9e23-4bf2-a2be-35ddd962894a","block_type":"box","text":"0","page_number":1,"box":{"x":540,"y":412,"width":6,"height":5}},{"id":"d750c121-46c4-44b1-b5f2-75abc30107fa","block_type":"box","text":"3","page_number":1,"box":{"x":526,"y":401,"width":5,"height":5}},{"id":"84024ce1-afda-42c9-888d-85ee67cbcb46","block_type":"box","text":"5","page_number":1,"box":{"x":532,"y":401,"width":5,"height":5}},{"id":"71f60843-620f-4e38-9584-c9682aca3404","block_type":"box","text":".","page_number":1,"box":{"x":538,"y":405,"width":2,"height":1}},{"id":"d269f3e0-9222-42f1-8473-6731bbeb6edf","block_type":"box","text":"5","page_number":1,"box":{"x":541,"y":401,"width":5,"height":5}},{"id":"9c4cdeb9-2331-4540-a6eb-60fdc95e2736","block_type":"box","text":"3","page_number":1,"box":{"x":525,"y":390,"width":5,"height":6}},{"id":"93a0d6d7-06c6-4bf1-a7fd-787c6e47cacd","block_type":"box","text":"6","page_number":1,"box":{"x":531,"y":390,"width":6,"height":6}},{"id":"3bd680e2-ac02-4b30-9f4c-ddee1a57cd89","block_type":"box","text":".","page_number":1,"box":{"x":538,"y":395,"width":1,"height":1}},{"id":"4b66cf11-eed2-4368-b618-0f0413cf8d61","block_type":"box","text":"0","page_number":1,"box":{"x":540,"y":390,"width":6,"height":6}},{"id":"81a57ad1-98b0-4bf8-9dc3-038e60896d57","block_type":"box","text":"3","page_number":1,"box":{"x":526,"y":380,"width":5,"height":5}},{"id":"aa093ed6-ac63-401c-b95f-f3bba09fca3b","block_type":"box","text":"6","page_number":1,"box":{"x":532,"y":380,"width":5,"height":5}},{"id":"6ed6a045-3375-4e22-b54e-82e611361204","block_type":"box","text":".","page_number":1,"box":{"x":539,"y":384,"width":1,"height":1}},{"id":"9285a6ea-9223-43e7-9137-033729695151","block_type":"box","text":"5","page_number":1,"box":{"x":541,"y":380,"width":5,"height":5}},{"id":"84c08449-56a3-40d4-a66f-27934846d2e2","block_type":"box","text":"Q","page_number":1,"box":{"x":572,"y":463,"width":6,"height":5}},{"id":"91d7e476-2680-4c46-9fb1-c3f1489cf569","block_type":"box","text":"1","page_number":1,"box":{"x":578,"y":463,"width":3,"height":5}},{"id":"2a40a90a-ae93-43b3-9bbf-13198813afba","block_type":"box","text":"(","page_number":1,"box":{"x":585,"y":463,"width":2,"height":6}},{"id":"1cba5514-e55a-4b50-a2ed-47f216cf04a4","block_type":"box","text":"E","page_number":1,"box":{"x":588,"y":463,"width":5,"height":5}},{"id":"069438d9-53aa-41d6-bf1c-a5528af9670c","block_type":"box","text":"S","page_number":1,"box":{"x":593,"y":463,"width":5,"height":5}},{"id":"96be078d-f4e0-440f-b021-2d0e21bb72c9","block_type":"box","text":"G","page_number":1,"box":{"x":598,"y":463,"width":6,"height":5}},{"id":"3963be56-7407-48db-8f67-502aeab373d9","block_type":"box","text":"L","page_number":1,"box":{"x":570,"y":471,"width":4,"height":5}},{"id":"faa7f04d-9565-4b57-ad18-7ff2a3cf0022","block_type":"box","text":"e","page_number":1,"box":{"x":575,"y":473,"width":4,"height":3}},{"id":"f3bc96da-e253-405a-a2d3-04100b7a2829","block_type":"box","text":"a","page_number":1,"box":{"x":580,"y":473,"width":5,"height":3}},{"id":"b746c580-0024-4c2e-b853-ec4d8c8af1ca","block_type":"box","text":"d","page_number":1,"box":{"x":585,"y":471,"width":5,"height":5}},{"id":"be0b9d6b-fd5e-4da9-9b54-61d8f0635e68","block_type":"box","text":"e","page_number":1,"box":{"x":591,"y":473,"width":4,"height":3}},{"id":"efc1ca3a-0dfe-4b6e-acd5-41a25471d706","block_type":"box","text":"r","page_number":1,"box":{"x":596,"y":473,"width":3,"height":3}},{"id":"5acc4173-29cf-408b-9c25-b3001ddb604a","block_type":"box","text":"s","page_number":1,"box":{"x":600,"y":473,"width":4,"height":3}},{"id":"2089df96-fd9a-41fc-9ee7-14a8aa4d5105","block_type":"box","text":")","page_number":1,"box":{"x":605,"y":471,"width":2,"height":6}},{"id":"694c5995-908f-4f90-9fb6-b83e92ff1deb","block_type":"box","text":"Q","page_number":1,"box":{"x":650,"y":463,"width":6,"height":5}},{"id":"577fbc0b-833d-4e5b-ba3e-19b79f43498b","block_type":"box","text":"2","page_number":1,"box":{"x":656,"y":463,"width":5,"height":5}},{"id":"bfb719e9-02fa-48cb-821e-c43bb08875d3","block_type":"box","text":"Q","page_number":1,"box":{"x":718,"y":463,"width":6,"height":5}},{"id":"9d04c251-2a11-4f89-b459-d1e8fbff4a07","block_type":"box","text":"3","page_number":1,"box":{"x":724,"y":463,"width":4,"height":5}},{"id":"3410d843-4e51-4c36-8cb8-2cb5774bd488","block_type":"box","text":"Q4","page_number":1,"box":{"x":785,"y":463,"width":6,"height":5}},{"id":"94fde429-36b5-4d1d-a1be-9f989379ff06","block_type":"box","text":"Q4","page_number":1,"box":{"x":791,"y":463,"width":5,"height":5}},{"id":"22420d35-e128-4a16-98c7-3136d0ca14f3","block_type":"box","text":"Q","page_number":1,"box":{"x":841,"y":463,"width":6,"height":5}},{"id":"14649fc2-76ab-41a1-9026-054f009d5e07","block_type":"box","text":"5","page_number":1,"box":{"x":847,"y":463,"width":5,"height":5}},{"id":"5f1e5aa4-866e-47a8-9142-66d6f8ad350a","block_type":"box","text":"(","page_number":1,"box":{"x":855,"y":463,"width":2,"height":6}},{"id":"fea23815-97ab-45b6-a01a-56d8098382a0","block_type":"box","text":"E","page_number":1,"box":{"x":858,"y":463,"width":5,"height":5}},{"id":"4b9784c6-2746-4787-be2e-1594a146c972","block_type":"box","text":"S","page_number":1,"box":{"x":864,"y":463,"width":5,"height":5}},{"id":"79765097-9c78-4e0b-b9ce-65d1ee68e0e3","block_type":"box","text":"G","page_number":1,"box":{"x":869,"y":463,"width":6,"height":5}},{"id":"fb9095b6-f934-4657-b65b-f1403a01f747","block_type":"box","text":"L","page_number":1,"box":{"x":836,"y":471,"width":5,"height":5}},{"id":"ea7c6835-cda2-4ba2-b93b-49f4cb729381","block_type":"box","text":"a","page_number":1,"box":{"x":841,"y":473,"width":5,"height":3}},{"id":"33a72558-78ad-4bc9-84a6-3858ddc75537","block_type":"box","text":"g","page_number":1,"box":{"x":847,"y":473,"width":4,"height":4}},{"id":"6ab3c437-9100-413a-9b26-18a3211b3cfe","block_type":"box","text":"g","page_number":1,"box":{"x":852,"y":473,"width":4,"height":4}},{"id":"67154f7f-805d-4f96-9cb4-a0c766538171","block_type":"box","text":"a","page_number":1,"box":{"x":858,"y":473,"width":5,"height":3}},{"id":"cdc26ca1-4be8-4cda-863f-9e9264bf29a4","block_type":"box","text":"r","page_number":1,"box":{"x":864,"y":473,"width":2,"height":3}},{"id":"2fd60110-511e-4994-8aa0-6df2cb7b469c","block_type":"box","text":"d","page_number":1,"box":{"x":867,"y":471,"width":4,"height":5}},{"id":"bc662cc2-e941-42b1-a09d-c003b73fe1a9","block_type":"box","text":"s","page_number":1,"box":{"x":873,"y":473,"width":4,"height":3}},{"id":"75990d21-dd24-42d3-9859-e7a4a3da8af5","block_type":"box","text":")","page_number":1,"box":{"x":878,"y":471,"width":2,"height":6}},{"id":"1536fcf5-896f-4c17-97ec-cd46578421ff","block_type":"box","text":"Relative returns by quintile of Red Flags on the EMAP Checklist (%)","page_number":1,"box":{"x":524,"y":242,"width":360,"height":8}},{"id":"9f66fadf-ccac-4820-a2cf-d2704385529a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":59,"y":315,"width":57,"height":8}},{"id":"414d45ff-8b87-4677-914f-287634c9e020","block_type":"box","text":"•","page_number":1,"box":{"x":58,"y":331,"width":5,"height":3}},{"id":"6444ab81-f409-4e1c-ac4e-0321bfa9782a","block_type":"box","text":"A fundamental, best-in-class approach, seeking sustainable","page_number":1,"box":{"x":67,"y":329,"width":375,"height":9}},{"id":"1ba05129-5742-41f3-8478-0ad9027e7868","block_type":"box","text":"companies with attractive expected returns.","page_number":1,"box":{"x":68,"y":341,"width":270,"height":8}},{"id":"d29f07fe-798d-4afe-bb1b-92cf7098b4f1","block_type":"box","text":"Results","page_number":1,"box":{"x":59,"y":382,"width":49,"height":8}},{"id":"0c5cf860-cfd9-49de-b52f-9cdde9479d33","block_type":"box","text":"•","page_number":1,"box":{"x":58,"y":398,"width":5,"height":3}},{"id":"5a8499b1-bc0b-4ffc-a1b5-015ebbbd7fcd","block_type":"box","text":"Companies we identify as sustainable have delivered higher alpha","page_number":1,"box":{"x":68,"y":396,"width":407,"height":8}},{"id":"6c253b34-4f27-4d3f-bc0b-2961884b2b8c","block_type":"box","text":"with lower volatility.","page_number":1,"box":{"x":67,"y":407,"width":117,"height":9}},{"id":"861b372f-54b5-4d1e-83bd-44dd8567f0e1","block_type":"box","text":"Source: J.P. Morgan Asset Management. The return of sustainable companies in the fund’s research universe, in excess of the return of MSCI Emerging Markets","page_number":1,"box":{"x":58,"y":489,"width":874,"height":8}},{"id":"1808ed81-6a62-4b17-a9c6-48425f617311","block_type":"box","text":"Index (Total Return Net). Data from February 2013 - June 2026. The companies are grouped into quintile based on the red flags in their risk profiles. *Returns refer","page_number":1,"box":{"x":59,"y":499,"width":878,"height":8}},{"id":"4e158efc-87e3-422c-8e50-5ced96561f85","block_type":"box","text":"to stock returns and are gross of fees.","page_number":1,"box":{"x":57,"y":508,"width":208,"height":8}},{"id":"c9af9047-510d-4f4e-86ed-ffec329cbed8","block_type":"box","text":"Q = Quintile.","page_number":1,"box":{"x":58,"y":518,"width":65,"height":6}},{"id":"60a018e6-bc00-46ef-a295-502ae65e872b","block_type":"box","text":"Past performance is not a reliable indicator of current and future results.","page_number":1,"box":{"x":58,"y":533,"width":390,"height":8}},{"id":"bf086df8-e7af-4c7b-aba0-491bf4502ef0","block_type":"box","text":"Source: J.P. Morgan Asset Management.","page_number":1,"box":{"x":514,"y":751,"width":214,"height":8}},{"id":"afde3255-0ffd-4afc-ac56-3daad2f5128a","block_type":"box","text":"JPMorgan Funds – Emerging Markets Sustainable Equity Fund","page_number":1,"box":{"x":47,"y":80,"width":819,"height":20}},{"id":"7748b871-af31-4c97-ba76-b21dd2b41289","block_type":"box","text":"MARKETING COMMUNICATION","page_number":1,"box":{"x":48,"y":35,"width":164,"height":6}},{"id":"ecb6e57c-3039-4c54-ab4c-734cfdcc88f3","block_type":"box","text":"NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE / STRICTLY NOT FOR DISTRIBUTION OR DISSEMINATION TO US INVESTORS.","page_number":1,"box":{"x":230,"y":35,"width":721,"height":7}},{"id":"3d8e3fff-dcb4-4bb8-980b-01b6f99264af","block_type":"box","text":"FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION","page_number":1,"box":{"x":419,"y":47,"width":532,"height":6}},{"id":"208f0657-0bea-49c5-9727-34d69f3bc2d9","block_type":"box","text":"QUARTERLY FUND STORY |","page_number":1,"box":{"x":730,"y":59,"width":141,"height":7}},{"id":"62a8db20-27df-4ba1-ba8d-6d1ff6e0be35","block_type":"box","text":"30 JUNE 2026","page_number":1,"box":{"x":877,"y":59,"width":74,"height":6}},{"id":"49f13a43-33e7-4ad9-a886-fe12c51af6d0","block_type":"box","text":"C (acc) - USD LU2051469208","page_number":1,"box":{"x":48,"y":107,"width":247,"height":13}},{"id":"c85ef078-9643-48be-b326-52f30f9f039b","block_type":"box","text":"For other available share classes, please check the prospectus.","page_number":1,"box":{"x":48,"y":125,"width":338,"height":8}},{"id":"ba81b4ba-a3d8-4169-905b-14668315301a","block_type":"box","text":"Investable universe","page_number":1,"box":{"x":614,"y":596,"width":86,"height":5}},{"id":"6e621a5f-71c1-4218-a32a-8aa5f2690df6","block_type":"box","text":"Negative screening","page_number":1,"box":{"x":614,"y":625,"width":86,"height":6}},{"id":"d8407d18-8713-4972-ae64-966a3c7368b6","block_type":"box","text":"Does the business meet our","page_number":1,"box":{"x":597,"y":650,"width":122,"height":5}},{"id":"64e88e80-b37a-4264-9be1-88316a6b1804","block_type":"box","text":"sustainability criteria?","page_number":1,"box":{"x":609,"y":658,"width":97,"height":6}},{"id":"0b8856b2-8c8c-4981-ba71-93613c9f7a30","block_type":"box","text":"Is it at a price we are","page_number":1,"box":{"x":613,"y":678,"width":88,"height":6}},{"id":"59dc4c09-2bf3-45ce-b4a1-7cea91946edd","block_type":"box","text":"willing to pay?","page_number":1,"box":{"x":627,"y":686,"width":62,"height":6}},{"id":"7ed159c4-bee2-4ef0-8cc2-1cce7f1b247c","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":639,"y":710,"width":36,"height":5}},{"id":"6049866a-e40f-4bcd-b8d8-db8150de9adf","block_type":"box","text":"Expected Return","page_number":1,"box":{"x":790,"y":683,"width":73,"height":6}},{"id":"fe6e6e55-9258-4693-b94b-6b430a3bd42f","block_type":"box","text":"Portfolio Design","page_number":1,"box":{"x":792,"y":704,"width":69,"height":6}},{"id":"1698404e-9bb6-4bff-80cd-b5593d335aee","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":712,"width":4,"height":2}},{"id":"0b411308-013a-4280-8224-d186856455ac","block_type":"box","text":"Low running costs","page_number":1,"box":{"x":798,"y":711,"width":82,"height":6}},{"id":"2489acd7-7941-4ba1-b16d-768caea34966","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":719,"width":4,"height":3}},{"id":"113bbbff-0555-484e-918f-76f31b231388","block_type":"box","text":"High level of active share","page_number":1,"box":{"x":798,"y":718,"width":110,"height":6}},{"id":"b2038716-ac34-4634-af06-60f26cdde00a","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":728,"width":4,"height":2}},{"id":"6bf2c9f5-ff58-4ff2-b428-8d66addccc3c","block_type":"box","text":"Active risk monitoring","page_number":1,"box":{"x":797,"y":726,"width":97,"height":6}},{"id":"b160b0e3-a852-4560-8135-491113f3017e","block_type":"box","text":"in Spectrum","page_number":1,"box":{"x":797,"y":733,"width":53,"height":6}},{"id":"ae43783f-8f0a-44db-a195-d304d37de0fd","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":622,"width":4,"height":2}},{"id":"8c0beaf8-db5d-44bc-b48a-33c9d828c9d0","block_type":"box","text":"Norms & principles-based","page_number":1,"box":{"x":798,"y":621,"width":117,"height":6}},{"id":"75d07c9c-52c0-4c98-a4a0-2bd689ac95b8","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":648,"width":4,"height":3}},{"id":"9ba745d0-2507-4576-aa0c-b9c4391a3a76","block_type":"box","text":"EMAP Checklist","page_number":1,"box":{"x":798,"y":647,"width":69,"height":5}},{"id":"cd1fbb6f-eae3-4765-a41d-c3cd68a460e7","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":631,"width":4,"height":2}},{"id":"1c163ff9-1fff-49fd-82e4-5bc2c4b9be65","block_type":"box","text":"EMAP Checklist-based","page_number":1,"box":{"x":798,"y":630,"width":100,"height":5}},{"id":"eaaff2f3-1127-454e-93e5-4504daa5e143","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":656,"width":4,"height":2}},{"id":"e85fa297-08bf-4715-8ade-79045deebbe1","block_type":"box","text":"Strategic Classifications","page_number":1,"box":{"x":798,"y":655,"width":107,"height":6}},{"id":"0297ce3b-0ba4-4e16-ad68-81b838bed85d","block_type":"box","text":"•","page_number":1,"box":{"x":792,"y":664,"width":4,"height":2}},{"id":"22766f1d-e702-4100-851d-457484adcd36","block_type":"box","text":"Materiality Framework","page_number":1,"box":{"x":798,"y":662,"width":99,"height":7}},{"id":"f1a6866a-f61d-4be8-9b86-03bbe15667de","block_type":"box","text":"PAGE 2 OF 3 |","page_number":2,"box":{"x":54,"y":39,"width":81,"height":8}},{"id":"d6711fe2-ce48-40ca-b742-cbbd96ec9253","block_type":"box","text":"FUND STORY |","page_number":2,"box":{"x":149,"y":39,"width":81,"height":8}},{"id":"593655cf-1e1b-4109-9306-77961932a290","block_type":"box","text":"30 June 2026","page_number":2,"box":{"x":234,"y":39,"width":81,"height":7}},{"id":"b224c0c2-9ee0-4497-9e5b-4a9c5ea46aa5","block_type":"box","text":"| JPMorgan Funds - Emerging Markets Sustainable Equity Fund","page_number":2,"box":{"x":328,"y":39,"width":381,"height":8}},{"id":"3f219120-6860-46a7-be6a-718c04e53d32","block_type":"box","text":"Portfolio management team","page_number":2,"box":{"x":54,"y":58,"width":188,"height":10}},{"id":"af13c483-ffb1-4189-8106-05c186310e2d","block_type":"box","text":"Amit Mehta","page_number":2,"box":{"x":53,"y":76,"width":69,"height":7}},{"id":"4a252a67-d62f-41e5-8dd8-af781dc745a8","block_type":"box","text":"•26 years of industry experience","page_number":2,"box":{"x":54,"y":86,"width":199,"height":9}},{"id":"4a4895e5-edbb-4020-be91-76f4bf9b83cc","block_type":"box","text":"•15 years at J.P. Morgan","page_number":2,"box":{"x":54,"y":98,"width":148,"height":9}},{"id":"ddb603a1-334f-45f6-9c31-1747e4f5ed9f","block_type":"box","text":"John","page_number":2,"box":{"x":259,"y":76,"width":29,"height":7}},{"id":"3b5bd45c-4712-4765-a83d-8aaa06649f27","block_type":"box","text":"Citron","page_number":2,"box":{"x":292,"y":76,"width":36,"height":7}},{"id":"09593ef9-2d70-42fb-9fe2-845829e595d0","block_type":"box","text":"Weiying","page_number":2,"box":{"x":465,"y":76,"width":48,"height":8}},{"id":"d7984da6-b1cc-4ed5-8286-4aaac01ed007","block_type":"box","text":"Dong","page_number":2,"box":{"x":518,"y":76,"width":30,"height":8}},{"id":"c83ce341-5f5f-4c0b-bd9c-6a02c71b3e1c","block_type":"box","text":"Investment objective","page_number":2,"box":{"x":672,"y":59,"width":140,"height":10}},{"id":"c8c1c89a-1160-4c78-aba9-bba8ee1dc64d","block_type":"box","text":"To provide long-term capital growth by","page_number":2,"box":{"x":671,"y":74,"width":236,"height":9}},{"id":"fa3e177f-cbfb-4e7a-af77-9b5775eae36f","block_type":"box","text":"investing primarily in emerging market","page_number":2,"box":{"x":672,"y":84,"width":237,"height":8}},{"id":"155b7b28-84bf-4973-a6f1-4bc3c76292d0","block_type":"box","text":"companies with positive E/S characteristics or","page_number":2,"box":{"x":671,"y":93,"width":285,"height":9}},{"id":"0f1db94d-ed5d-403c-81e3-2239c1057a19","block_type":"box","text":"companies that demonstrate improving E/S","page_number":2,"box":{"x":671,"y":103,"width":270,"height":8}},{"id":"a59048c4-ef80-4a8d-81fe-5d87af30023c","block_type":"box","text":"characteristics. Companies with positive E/S","page_number":2,"box":{"x":671,"y":112,"width":274,"height":9}},{"id":"a927bde7-c77f-443d-92a4-1bcea9119665","block_type":"box","text":"characteristics are those that the Investment","page_number":2,"box":{"x":671,"y":122,"width":275,"height":7}},{"id":"f7f2ec45-3ed9-496e-ba94-e20076d8a370","block_type":"box","text":"Manager believes to have effective","page_number":2,"box":{"x":672,"y":132,"width":210,"height":8}},{"id":"0d3cdf2d-fabe-45ea-b02c-8be1d221ea45","block_type":"box","text":"governance and superior management of","page_number":2,"box":{"x":671,"y":141,"width":257,"height":9}},{"id":"4ffeaed4-c47a-4c2f-b732-d77664b3fd51","block_type":"box","text":"environmental and/or social issues","page_number":2,"box":{"x":671,"y":151,"width":218,"height":7}},{"id":"e57e87be-526e-454e-ba62-0a289cc8980a","block_type":"box","text":"(sustainable characteristics).","page_number":2,"box":{"x":672,"y":160,"width":178,"height":9}},{"id":"20f2a019-3a17-47c3-84fa-550fa11d8df1","block_type":"box","text":"Performance (%)","page_number":2,"box":{"x":55,"y":182,"width":147,"height":13}},{"id":"60c61cdf-4576-4c25-a41a-5366a284f9b2","block_type":"box","text":"Excess return (geometric)","page_number":2,"box":{"x":59,"y":254,"width":137,"height":7}},{"id":"7d550fba-3b48-4215-be20-1530932d7e44","block_type":"box","text":"-0.60","page_number":2,"box":{"x":245,"y":254,"width":28,"height":6}},{"id":"b25a3089-ed12-4ede-9ae4-4641bd4c1adc","block_type":"box","text":"-2.94","page_number":2,"box":{"x":316,"y":254,"width":26,"height":6}},{"id":"195674f1-1123-4ac9-91c4-724686ff3b30","block_type":"box","text":"-3.84","page_number":2,"box":{"x":386,"y":254,"width":25,"height":6}},{"id":"e2a93bfd-885a-4159-b748-f62a66fcd4ea","block_type":"box","text":"-","page_number":2,"box":{"x":455,"y":257,"width":3,"height":1}},{"id":"abe5582c-f246-4624-b639-bcfd0ce02b6b","block_type":"box","text":"3.46","page_number":2,"box":{"x":459,"y":254,"width":22,"height":6}},{"id":"93b48359-8303-48ea-81bd-f9a7faaec2be","block_type":"box","text":"-2.51","page_number":2,"box":{"x":525,"y":254,"width":23,"height":6}},{"id":"974e3462-d6fb-435f-8a9b-d8142f53f2b5","block_type":"box","text":"-1.14","page_number":2,"box":{"x":596,"y":254,"width":22,"height":6}},{"id":"e2091f92-2485-4d6a-bee5-4b94c2f45ee7","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":59,"y":239,"width":63,"height":6}},{"id":"d56ca7d6-6964-4914-88b8-baba401cdf9c","block_type":"box","text":"24.05","page_number":2,"box":{"x":245,"y":239,"width":29,"height":6}},{"id":"ff631723-b4d2-4565-be3b-0114b214429a","block_type":"box","text":"23.85","page_number":2,"box":{"x":315,"y":239,"width":28,"height":6}},{"id":"952d962b-8af8-486d-930f-d6fc2dedbec5","block_type":"box","text":"43.51","page_number":2,"box":{"x":385,"y":239,"width":25,"height":6}},{"id":"beeba8a1-58ef-4058-9ec6-f83fea077989","block_type":"box","text":"23.03","page_number":2,"box":{"x":453,"y":239,"width":29,"height":6}},{"id":"b4f20831-0d2e-457a-bbbb-44d9e0378ea7","block_type":"box","text":"7.20","page_number":2,"box":{"x":526,"y":239,"width":22,"height":6}},{"id":"01340654-5010-4b60-b076-d59e9af2b34d","block_type":"box","text":"10.40","page_number":2,"box":{"x":592,"y":239,"width":28,"height":6}},{"id":"c7837467-0a45-4fe9-a94e-99ead6213e83","block_type":"box","text":"Fund","page_number":2,"box":{"x":59,"y":225,"width":26,"height":6}},{"id":"66e582f7-e272-4fd3-83d2-bf5807f98ca8","block_type":"box","text":"23.31","page_number":2,"box":{"x":247,"y":225,"width":24,"height":6}},{"id":"7e65d2bb-8cef-4221-b309-208a9c7af862","block_type":"box","text":"20.20","page_number":2,"box":{"x":314,"y":225,"width":29,"height":6}},{"id":"acef32b4-9854-4238-bace-4d4840345d07","block_type":"box","text":"37.99","page_number":2,"box":{"x":385,"y":225,"width":27,"height":6}},{"id":"967df68c-9164-4c59-8e64-aa931dc8618c","block_type":"box","text":"18.77","page_number":2,"box":{"x":456,"y":225,"width":24,"height":6}},{"id":"4bf9ecf2-7caf-4490-a88c-5f7bc285a63e","block_type":"box","text":"4.51","page_number":2,"box":{"x":527,"y":225,"width":19,"height":6}},{"id":"1383ec24-b447-41c5-8349-790b607a18e0","block_type":"box","text":"9.15","page_number":2,"box":{"x":596,"y":225,"width":20,"height":6}},{"id":"6cf7e96f-21d5-4324-a597-b138b1323931","block_type":"box","text":"Since","page_number":2,"box":{"x":590,"y":201,"width":33,"height":7}},{"id":"8055047b-3e2a-4199-808d-c241d7a5bdfb","block_type":"box","text":"3M","page_number":2,"box":{"x":250,"y":211,"width":18,"height":7}},{"id":"7e866f1e-b377-49bb-b4e1-d43b1b79ee55","block_type":"box","text":"YTD","page_number":2,"box":{"x":317,"y":211,"width":23,"height":7}},{"id":"454996ad-6e2a-40a7-b591-42ec03d0bd44","block_type":"box","text":"1Y","page_number":2,"box":{"x":392,"y":211,"width":13,"height":7}},{"id":"ec7dfc9a-74b0-41d7-a5fb-270cc0d82715","block_type":"box","text":"3Y","page_number":2,"box":{"x":461,"y":211,"width":14,"height":7}},{"id":"2ef6d790-d971-4a1a-be52-1a139353e6d0","block_type":"box","text":"5Y","page_number":2,"box":{"x":530,"y":211,"width":15,"height":7}},{"id":"4fea3c65-6458-40f6-8997-0fe831161c36","block_type":"box","text":"inception","page_number":2,"box":{"x":579,"y":211,"width":55,"height":9}},{"id":"822eca65-5b16-43cc-86b4-86c8f0b6f31e","block_type":"box","text":"-2.54","page_number":2,"box":{"x":157,"y":328,"width":27,"height":6}},{"id":"65170164-aec7-4c91-9907-9375c6eef46b","block_type":"box","text":"-1.32","page_number":2,"box":{"x":244,"y":328,"width":24,"height":6}},{"id":"af8419bb-750e-4f7c-9b45-ef265303e7a8","block_type":"box","text":"-5.13","page_number":2,"box":{"x":330,"y":328,"width":24,"height":6}},{"id":"d3074d33-d67b-4ea4-92ac-e0ce5f6cc5bd","block_type":"box","text":"-2","page_number":2,"box":{"x":414,"y":328,"width":10,"height":6}},{"id":"7fa22f15-c09f-41be-8c5f-b0e3c1497dfd","block_type":"box","text":".85","page_number":2,"box":{"x":425,"y":328,"width":15,"height":6}},{"id":"55d4162a-e5c5-4392-9143-99c1b5ed10d6","block_type":"box","text":"2.72","page_number":2,"box":{"x":503,"y":328,"width":20,"height":6}},{"id":"01476bc5-ffcc-4770-a506-95a58212aba1","block_type":"box","text":"6.86","page_number":2,"box":{"x":588,"y":328,"width":22,"height":6}},{"id":"137e4c51-0dfb-4fa9-965b-09c07af920ec","block_type":"box","text":"Excess","page_number":2,"box":{"x":59,"y":319,"width":36,"height":6}},{"id":"460124c9-9703-4efb-bcb0-4e1fe6f0e80f","block_type":"box","text":"return","page_number":2,"box":{"x":59,"y":328,"width":32,"height":6}},{"id":"9e8a0692-4f92-4381-a1fc-a93d26a9fc82","block_type":"box","text":"(geometric)","page_number":2,"box":{"x":59,"y":337,"width":61,"height":7}},{"id":"24961991-830a-494a-ac4a-827bf87a4989","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":59,"y":305,"width":63,"height":6}},{"id":"40d1e434-4c81-4990-8f58-4956c0272f62","block_type":"box","text":"33.57","page_number":2,"box":{"x":157,"y":305,"width":26,"height":6}},{"id":"eb127feb-9be3-4bc6-9a45-5832dde74776","block_type":"box","text":"7.50","page_number":2,"box":{"x":244,"y":305,"width":23,"height":6}},{"id":"bbe299d2-6a38-4001-a77e-5a730d06e693","block_type":"box","text":"9.83","page_number":2,"box":{"x":331,"y":305,"width":21,"height":6}},{"id":"b5a05861-1b3d-423d-bacb-ad61dfce6952","block_type":"box","text":"-20.09","page_number":2,"box":{"x":410,"y":305,"width":35,"height":6}},{"id":"9fa7df15-2016-4bbf-ac08-026739e96f5e","block_type":"box","text":"-2.54","page_number":2,"box":{"x":500,"y":305,"width":26,"height":6}},{"id":"d077e78f-225f-4198-808e-be77829bdb8d","block_type":"box","text":"18.31","page_number":2,"box":{"x":587,"y":305,"width":23,"height":6}},{"id":"f5fbc509-d01c-45c4-9ad8-6212dd41e532","block_type":"box","text":"Fund","page_number":2,"box":{"x":59,"y":291,"width":26,"height":6}},{"id":"df457e94-6c7d-4c33-b9e3-69034c73c945","block_type":"box","text":"30.18","page_number":2,"box":{"x":157,"y":290,"width":26,"height":7}},{"id":"e8fd3cdb-861d-4818-aa8e-e37fc157a56c","block_type":"box","text":"6.09","page_number":2,"box":{"x":244,"y":290,"width":23,"height":7}},{"id":"06a6a01e-6217-4994-8ff2-e2df2c1cf81c","block_type":"box","text":"4.19","page_number":2,"box":{"x":331,"y":290,"width":20,"height":7}},{"id":"976c6c8e-ed86-468e-b722-0844a05f4e4e","block_type":"box","text":"-22.37","page_number":2,"box":{"x":412,"y":290,"width":31,"height":7}},{"id":"58ee828c-c0ce-447a-aa06-d1733c3cc794","block_type":"box","text":"0.11","page_number":2,"box":{"x":504,"y":290,"width":18,"height":7}},{"id":"edfda9b5-7d23-408c-8f0a-2b24fff9c4fd","block_type":"box","text":"26.43","page_number":2,"box":{"x":585,"y":290,"width":27,"height":7}},{"id":"8f838750-588f-4964-b7bf-18b4fdf4ada9","block_type":"box","text":"2025","page_number":2,"box":{"x":155,"y":274,"width":30,"height":7}},{"id":"1b77ca27-b782-4432-8410-7607a745b215","block_type":"box","text":"2024","page_number":2,"box":{"x":241,"y":274,"width":30,"height":7}},{"id":"fb36552f-987f-4842-bcbe-ff8b01b81901","block_type":"box","text":"2023","page_number":2,"box":{"x":327,"y":274,"width":29,"height":7}},{"id":"11905d41-c4cf-4bd7-9af0-b7382b31e4df","block_type":"box","text":"2022","page_number":2,"box":{"x":413,"y":274,"width":29,"height":7}},{"id":"d504f7c4-8134-4440-9547-979b9d1e5178","block_type":"box","text":"2021","page_number":2,"box":{"x":499,"y":274,"width":27,"height":7}},{"id":"5f82f020-719b-4f55-8ef5-99490abe0cd5","block_type":"box","text":"2020","page_number":2,"box":{"x":583,"y":274,"width":31,"height":7}},{"id":"7b6f24cf-ce7d-45d3-a7cc-24a2af730c27","block_type":"box","text":"Data as at 30.06.2026.","page_number":2,"box":{"x":673,"y":180,"width":118,"height":6}},{"id":"44e708bb-33ce-451d-9977-93ea433952bd","block_type":"box","text":"Past performance and forecast is not a reliable\r\nidif d fl","page_number":2,"box":{"x":673,"y":190,"width":280,"height":9}},{"id":"444b4bc3-fa9d-4bc1-a910-b2e26575dab4","block_type":"box","text":"p\r\nindicator of current and future results.","page_number":2,"box":{"x":673,"y":199,"width":229,"height":7}},{"id":"cf849b1b-de16-40f2-bb13-9761e2c8544b","block_type":"box","text":"Source: J.P. Morgan Asset Management. Share class","page_number":2,"box":{"x":672,"y":211,"width":281,"height":7}},{"id":"ca42bcb9-dad3-4d94-826b-49f4d8b84c33","block_type":"box","text":"performance is shown based on the NAV (net asset","page_number":2,"box":{"x":673,"y":219,"width":272,"height":8}},{"id":"a308208d-d12a-46eb-96f0-4530abd4acf6","block_type":"box","text":"value) of the stated share class with income (gross of","page_number":2,"box":{"x":672,"y":227,"width":284,"height":8}},{"id":"14eca49d-60eb-4b1b-8ccc-6c71eda5fdd4","block_type":"box","text":"shareholder tax) reinvested including actual ongoing","page_number":2,"box":{"x":672,"y":236,"width":283,"height":7}},{"id":"c34bc5f5-2994-495c-8f04-009661de4bb8","block_type":"box","text":"charges excluding any entry and exit fees.","page_number":2,"box":{"x":672,"y":244,"width":224,"height":8}},{"id":"d520e53a-0312-4e69-81dc-6e188366f879","block_type":"box","text":"Performance over one year is annualised. Share class","page_number":2,"box":{"x":673,"y":252,"width":286,"height":8}},{"id":"bd99fa97-0419-4d2a-ad69-75b9b5e09d54","block_type":"box","text":"inception date is 13.11.2019. Benchmark is MSCI","page_number":2,"box":{"x":673,"y":261,"width":250,"height":7}},{"id":"841cc1e6-395e-43e3-99e9-70d7a5d676d5","block_type":"box","text":"Emerging Markets Index (Total Return Net).","page_number":2,"box":{"x":673,"y":269,"width":228,"height":8}},{"id":"a2a99af8-1fd9-432b-ac83-c134b6e6ae47","block_type":"box","text":"LV-JPM52022 | 07/26","page_number":2,"box":{"x":54,"y":973,"width":113,"height":8}},{"id":"ac213496-ec57-4f45-84ad-15cc04d97fbf","block_type":"box","text":"Benchmark uses and resemblance","page_number":2,"box":{"x":673,"y":284,"width":189,"height":6}},{"id":"d600c53a-ab2a-4a6d-a92b-5140e0f0a53d","block_type":"box","text":"Performance comparison.","page_number":2,"box":{"x":673,"y":294,"width":139,"height":7}},{"id":"766eefc6-a8de-492f-8abc-a997fd1e5d15","block_type":"box","text":"The Sub-Fund is actively managed. Though the","page_number":2,"box":{"x":672,"y":304,"width":252,"height":7}},{"id":"5bc4c259-0720-4ea1-bbb4-34276b0e23ff","block_type":"box","text":"majority of its holdings (excluding derivatives) are likely","page_number":2,"box":{"x":673,"y":314,"width":294,"height":7}},{"id":"18739742-babc-46ac-9092-10742aca5d1f","block_type":"box","text":"to be components of the benchmark, the Investment","page_number":2,"box":{"x":672,"y":324,"width":282,"height":7}},{"id":"f5e8172f-b753-472e-adc1-70c738b78217","block_type":"box","text":"Manager has broad discretion to deviate from its","page_number":2,"box":{"x":673,"y":334,"width":260,"height":7}},{"id":"02cd9dbb-8097-47eb-87be-5e807f2fff1f","block_type":"box","text":"securities, weightings and risk characteristics.","page_number":2,"box":{"x":673,"y":344,"width":249,"height":7}},{"id":"285946f4-f74f-40e7-8067-b883e53fc76b","block_type":"box","text":"The degree to which the Sub-Fund may resemble the","page_number":2,"box":{"x":672,"y":354,"width":284,"height":7}},{"id":"d7870d5a-60c3-4785-8749-fd616e5c99a3","block_type":"box","text":"composition and risk characteristics of the benchmark","page_number":2,"box":{"x":673,"y":364,"width":295,"height":7}},{"id":"efa5a09a-6230-4049-879a-71d9563abb61","block_type":"box","text":"will vary over time and its performance may be","page_number":2,"box":{"x":672,"y":374,"width":248,"height":7}},{"id":"6285cf85-ef80-4f3f-bba0-e9a4e0632622","block_type":"box","text":"meaningfully different.","page_number":2,"box":{"x":673,"y":384,"width":120,"height":7}},{"id":"5af6d4b8-92dc-4732-b31f-ad681bdcc9f0","block_type":"box","text":"•17","page_number":2,"box":{"x":256,"y":85,"width":20,"height":7}},{"id":"a2b9b3c3-4093-414e-97ac-85d8a54dfadc","block_type":"box","text":"years of industry experience","page_number":2,"box":{"x":279,"y":85,"width":173,"height":9}},{"id":"4282003a-c33d-46a5-83be-ad631791935d","block_type":"box","text":"•17","page_number":2,"box":{"x":256,"y":96,"width":20,"height":7}},{"id":"b7e1dd00-9b14-48da-acf0-4556bc75d39d","block_type":"box","text":"years at J.P. Morgan","page_number":2,"box":{"x":279,"y":96,"width":123,"height":9}},{"id":"94518dd3-6a4f-4532-ab4a-ebb52b0cbbcf","block_type":"box","text":"•11 years of industry experience","page_number":2,"box":{"x":462,"y":88,"width":195,"height":8}},{"id":"80d6b726-77c3-4e76-bbd0-5464b8992dd8","block_type":"box","text":"•19","page_number":2,"box":{"x":462,"y":99,"width":21,"height":7}},{"id":"4641b3cf-b7a4-48f2-98b6-21f18a495b28","block_type":"box","text":"years at","page_number":2,"box":{"x":487,"y":100,"width":48,"height":8}},{"id":"cad34b8d-34b5-4657-87ed-1ac59cc16e4e","block_type":"box","text":"J.P. Morgan","page_number":2,"box":{"x":538,"y":100,"width":71,"height":8}},{"id":"aa87b736-4d83-4f97-94b4-d6987ebacc89","block_type":"box","text":"PAGE 3 OF 3 |","page_number":3,"box":{"x":54,"y":39,"width":81,"height":8}},{"id":"71805715-51c0-40ee-a1de-0e5d22e78ad8","block_type":"box","text":"FUND STORY","page_number":3,"box":{"x":149,"y":39,"width":76,"height":7}},{"id":"6cc7b538-2bf1-4468-b61b-8c9e2ad36c9b","block_type":"box","text":"|","page_number":3,"box":{"x":229,"y":39,"width":1,"height":8}},{"id":"20c5246d-4663-4b53-9f9f-3216dcfaa729","block_type":"box","text":"30 June 2026","page_number":3,"box":{"x":234,"y":39,"width":81,"height":7}},{"id":"b7683475-2bd1-4e62-ac06-d9d4f7772019","block_type":"box","text":"| JPMorgan Funds - Emerging Markets Sustainable Equity Fund","page_number":3,"box":{"x":328,"y":39,"width":381,"height":8}},{"id":"7874abb7-d508-448b-a767-1da8732e8c99","block_type":"box","text":"KEY RISKS","page_number":3,"box":{"x":54,"y":130,"width":61,"height":7}},{"id":"e8b6b3da-3657-495e-9397-7dbf834128f9","block_type":"box","text":"The Sub-Fund","page_number":3,"box":{"x":53,"y":146,"width":86,"height":7}},{"id":"2db1bc94-ef65-4c47-8a44-de1bd0318ffc","block_type":"box","text":"is subject to","page_number":3,"box":{"x":144,"y":146,"width":73,"height":9}},{"id":"c29b186c-2e3c-427f-92de-3dd736f213bb","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":221,"y":146,"width":99,"height":7}},{"id":"861f7f93-7277-4d93-85c7-b28a354068d1","block_type":"box","text":"and","page_number":3,"box":{"x":324,"y":146,"width":22,"height":7}},{"id":"0f75164f-d08a-4f4e-8a42-7648e96eeba0","block_type":"box","text":"Other associated risks","page_number":3,"box":{"x":351,"y":146,"width":135,"height":7}},{"id":"38a19e5d-6bdf-4993-8918-d40a6b959176","block_type":"box","text":"from the techniques and securities it uses to seek to achieve its","page_number":3,"box":{"x":53,"y":156,"width":389,"height":9}},{"id":"586b068a-a9a2-45e7-a0fa-187319be5889","block_type":"box","text":"objective.","page_number":3,"box":{"x":54,"y":166,"width":57,"height":9}},{"id":"d8e2bc7c-bcee-48c1-a7af-24fed3cef685","block_type":"box","text":"The table on the right explains how these risks relate to each other and","page_number":3,"box":{"x":53,"y":182,"width":432,"height":9}},{"id":"fb5dd884-3110-44a1-9ada-f4f7e8545907","block_type":"box","text":"the","page_number":3,"box":{"x":53,"y":193,"width":20,"height":7}},{"id":"1d45b50d-b6d4-41ed-9191-0eb298bea22f","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":77,"y":193,"width":177,"height":7}},{"id":"285cfe16-d45c-4ecf-9e40-b0e57f82e5b9","block_type":"box","text":"that could affect an investment in the","page_number":3,"box":{"x":257,"y":193,"width":228,"height":7}},{"id":"7f6edcc9-b9a6-404b-9635-9bb5f76c57d0","block_type":"box","text":"Sub-Fund.","page_number":3,"box":{"x":54,"y":203,"width":63,"height":7}},{"id":"d20cd174-7f64-4d79-a07f-da2ba773a3a9","block_type":"box","text":"Investors should also read","page_number":3,"box":{"x":54,"y":219,"width":160,"height":7}},{"id":"f25d4472-b050-4950-8c53-5d6942d54466","block_type":"box","text":"R","page_number":3,"box":{"x":219,"y":219,"width":7,"height":7}},{"id":"3a93e9bf-eda3-4dad-89e3-e981b07571ee","block_type":"box","text":"i","page_number":3,"box":{"x":228,"y":219,"width":1,"height":7}},{"id":"ced49622-ed7d-471d-8d07-e5fe355d8f05","block_type":"box","text":"s","page_number":3,"box":{"x":230,"y":221,"width":6,"height":5}},{"id":"fc0b4ce1-2c9d-4623-af22-59d787cbedf7","block_type":"box","text":"k","page_number":3,"box":{"x":238,"y":219,"width":6,"height":7}},{"id":"1fdf6c68-8016-4fef-b014-f957fe9b4327","block_type":"box","text":"D","page_number":3,"box":{"x":249,"y":219,"width":7,"height":7}},{"id":"0efd393f-f06e-496d-b770-81fa2be6ea2b","block_type":"box","text":"e","page_number":3,"box":{"x":257,"y":221,"width":7,"height":5}},{"id":"7468fabb-fa64-4de1-8ad1-96f302abe2b1","block_type":"box","text":"s","page_number":3,"box":{"x":265,"y":221,"width":6,"height":5}},{"id":"bf63c627-cff1-4d57-be07-5d04c8c18546","block_type":"box","text":"c","page_number":3,"box":{"x":272,"y":221,"width":6,"height":5}},{"id":"d091c0f8-1494-4a9e-85fd-e59c09424e3f","block_type":"box","text":"r","page_number":3,"box":{"x":280,"y":221,"width":3,"height":5}},{"id":"a693a2e8-deef-45ee-9c29-a1c10c691bdb","block_type":"box","text":"i","page_number":3,"box":{"x":285,"y":219,"width":1,"height":7}},{"id":"4ea7474f-ad82-45ca-a8f4-ac9cfbf1629b","block_type":"box","text":"p","page_number":3,"box":{"x":288,"y":221,"width":7,"height":7}},{"id":"92471261-96d9-482b-b96e-13f0d459533f","block_type":"box","text":"t","page_number":3,"box":{"x":295,"y":220,"width":4,"height":6}},{"id":"73db019e-f4cd-4c76-8ce0-171176d24718","block_type":"box","text":"i","page_number":3,"box":{"x":300,"y":219,"width":2,"height":7}},{"id":"d9e2d1e2-a9c8-4cf7-9b91-694a08833b7c","block_type":"box","text":"o","page_number":3,"box":{"x":303,"y":221,"width":7,"height":5}},{"id":"652dbf19-7fcf-4360-9053-5b5a6281cb7f","block_type":"box","text":"n","page_number":3,"box":{"x":312,"y":221,"width":6,"height":5}},{"id":"41660f58-5ac9-4c2d-87ec-51e939eacfd2","block_type":"box","text":"s","page_number":3,"box":{"x":319,"y":221,"width":6,"height":5}},{"id":"5b31cc6b-7df4-40a0-8c66-6d48afa81d9e","block_type":"box","text":"in the Prospectus for a full","page_number":3,"box":{"x":330,"y":219,"width":158,"height":9}},{"id":"b2868272-a3c9-4ee0-9b0b-c2c9fe83668a","block_type":"box","text":"description of","page_number":3,"box":{"x":54,"y":229,"width":84,"height":9}},{"id":"1caf8046-801d-461d-8ad4-5bb9a697f142","block_type":"box","text":"each risk.","page_number":3,"box":{"x":142,"y":229,"width":58,"height":7}},{"id":"68b2259f-a996-4600-bbbe-9989f62ade10","block_type":"box","text":"1 2 3","page_number":3,"box":{"x":72,"y":264,"width":70,"height":6}},{"id":"2b57b515-887f-4d9e-bb35-46df4086ef2b","block_type":"box","text":"4","page_number":3,"box":{"x":168,"y":264,"width":7,"height":6}},{"id":"d7f3714e-f2a1-429a-a5f5-2f51b4b27152","block_type":"box","text":"5 6","page_number":3,"box":{"x":201,"y":264,"width":38,"height":6}},{"id":"c107388d-94eb-4746-8eed-e697f7009a7a","block_type":"box","text":"7","page_number":3,"box":{"x":265,"y":264,"width":6,"height":6}},{"id":"d5a10d5c-5c5f-48a2-8465-02ac8c583c7b","block_type":"box","text":"Summary Risk Indicator","page_number":3,"box":{"x":59,"y":251,"width":107,"height":6}},{"id":"fa7c40f6-5250-4e8f-b7e1-f3633b3248a7","block_type":"box","text":"Lower risk","page_number":3,"box":{"x":59,"y":281,"width":39,"height":5}},{"id":"45d3ec20-db5f-49cf-9562-18e9a819fdc4","block_type":"box","text":"Higher risk","page_number":3,"box":{"x":243,"y":281,"width":42,"height":6}},{"id":"5847bafb-28dc-45b0-981b-22c125a2d862","block_type":"box","text":"The risk indicator assumes you keep the product for 5 years. The","page_number":3,"box":{"x":53,"y":299,"width":395,"height":9}},{"id":"3f46c05d-c235-4e75-931c-28fd3db79d4e","block_type":"box","text":"risk of","page_number":3,"box":{"x":54,"y":309,"width":37,"height":7}},{"id":"e8071544-0595-4321-bb9d-56a974e1d49c","block_type":"box","text":"the product may be significantly higher if held for less","page_number":3,"box":{"x":94,"y":309,"width":328,"height":9}},{"id":"712a4d92-c42f-46c4-9e0b-a935e5f7ce67","block_type":"box","text":"than the recommended holding period. In the UK, please refer to","page_number":3,"box":{"x":53,"y":320,"width":394,"height":8}},{"id":"1b568bf3-2d39-404b-91b5-cfe907ded58d","block_type":"box","text":"the synthetic risk and reward indicator in the latest available key","page_number":3,"box":{"x":53,"y":330,"width":393,"height":8}},{"id":"bac2026f-a02c-4ef3-97ef-1621f447363e","block_type":"box","text":"investor information document.","page_number":3,"box":{"x":54,"y":340,"width":192,"height":7}},{"id":"deb764e9-d8a2-4c05-a1e5-cdadc94792ab","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":516,"y":130,"width":99,"height":7}},{"id":"8195ee30-5e84-4016-99ce-2b0192173ff1","block_type":"box","text":"Risks from the Sub-Fund's techniques and securities","page_number":3,"box":{"x":622,"y":130,"width":320,"height":8}},{"id":"217305a8-238d-4abf-bf8c-4adab222dfd5","block_type":"box","text":"Techniques","page_number":3,"box":{"x":516,"y":142,"width":70,"height":9}},{"id":"cc032572-b1ee-4cec-a023-9eafe3471ff7","block_type":"box","text":"Hedging","page_number":3,"box":{"x":517,"y":153,"width":50,"height":8}},{"id":"44bc72d7-5ac6-47fa-8e86-19f67480545a","block_type":"box","text":"Securities","page_number":3,"box":{"x":665,"y":142,"width":61,"height":7}},{"id":"ad7f199e-6be5-4d5e-b035-43f2dff9eb54","block_type":"box","text":"China","page_number":3,"box":{"x":666,"y":152,"width":35,"height":7}},{"id":"4f26b3d2-921b-4c3b-b7e4-13b8d2d68936","block_type":"box","text":"Emerging markets","page_number":3,"box":{"x":666,"y":163,"width":113,"height":8}},{"id":"a34e0a62-e533-457e-8229-de0af415c3e8","block_type":"box","text":"Equities","page_number":3,"box":{"x":816,"y":152,"width":48,"height":9}},{"id":"31e1a97e-9294-4dc8-9470-260a6a63038f","block_type":"box","text":"Smaller companies","page_number":3,"box":{"x":815,"y":163,"width":118,"height":8}},{"id":"18a82929-fb5e-4e2c-bee0-0e837ffd7f6c","block_type":"box","text":"Other associated risks","page_number":3,"box":{"x":516,"y":193,"width":135,"height":7}},{"id":"7141e7a8-7b23-48a4-83d1-3671723d26a3","block_type":"box","text":"Further risks","page_number":3,"box":{"x":655,"y":193,"width":76,"height":7}},{"id":"7b380e21-8384-4b86-b926-9aa86ca04fac","block_type":"box","text":"the Sub-Fund is exposed to from","page_number":3,"box":{"x":734,"y":193,"width":197,"height":8}},{"id":"9f1a6770-b7c1-46f3-a29d-38701d1b3012","block_type":"box","text":"its use of the techniques and securities above","page_number":3,"box":{"x":516,"y":203,"width":277,"height":8}},{"id":"c7ef85a6-6208-44af-96f9-fc09bb41f876","block_type":"box","text":"Currency","page_number":3,"box":{"x":516,"y":215,"width":56,"height":9}},{"id":"e0d0b874-d1eb-4778-96b2-6d6bd6108478","block_type":"box","text":"Liquidity","page_number":3,"box":{"x":517,"y":225,"width":51,"height":9}},{"id":"03eac138-6a30-4ca5-aca6-a1e6a2b1ae95","block_type":"box","text":"Market","page_number":3,"box":{"x":666,"y":215,"width":42,"height":7}},{"id":"44c3640c-792e-4da9-8ba3-503dbcccec7b","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":516,"y":255,"width":177,"height":7}},{"id":"06ab7281-4278-491d-880e-3978a4a9954b","block_type":"box","text":"Potential im","page_number":3,"box":{"x":697,"y":255,"width":70,"height":7}},{"id":"babe3e45-c2ec-446c-ac9f-d237c845e376","block_type":"box","text":"pact of the risks above","page_number":3,"box":{"x":768,"y":255,"width":136,"height":9}},{"id":"17362196-1a82-49eb-8ce6-34fbecc1d967","block_type":"box","text":"Loss","page_number":3,"box":{"x":516,"y":268,"width":28,"height":7}},{"id":"a8879ac6-e8fd-4047-ba7d-7b9d824d54c3","block_type":"box","text":"Shareholders","page_number":3,"box":{"x":547,"y":268,"width":83,"height":7}},{"id":"8a281de0-7549-42e2-bae6-cde005dfea67","block_type":"box","text":"could lose some or all","page_number":3,"box":{"x":516,"y":277,"width":132,"height":7}},{"id":"badc9d09-ee1a-4603-9ac4-7122467f570b","block_type":"box","text":"of their money.","page_number":3,"box":{"x":516,"y":287,"width":90,"height":9}},{"id":"deb372ed-8114-4634-8895-2cedacd2e72a","block_type":"box","text":"Volatility","page_number":3,"box":{"x":667,"y":268,"width":52,"height":8}},{"id":"c778260a-43bf-491a-8671-12ab79495983","block_type":"box","text":"Shares of","page_number":3,"box":{"x":722,"y":268,"width":58,"height":7}},{"id":"384f26b8-2439-4826-adf3-01c4649d470a","block_type":"box","text":"the Sub-Fund will","page_number":3,"box":{"x":667,"y":277,"width":106,"height":7}},{"id":"a294fda7-6116-4503-bc35-5d569be3f99d","block_type":"box","text":"fluctuate in value.","page_number":3,"box":{"x":667,"y":287,"width":108,"height":7}},{"id":"765679b3-3aeb-49e2-ad4e-896ae23128d8","block_type":"box","text":"Failure to meet the","page_number":3,"box":{"x":816,"y":268,"width":111,"height":7}},{"id":"a01457db-148e-48ff-b148-d79125cd7ca4","block_type":"box","text":"Sub-Fund’s objective.","page_number":3,"box":{"x":815,"y":277,"width":132,"height":9}},{"id":"42d707cc-2c4a-4ff5-b652-005d2e7d7c4b","block_type":"box","text":"FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY - NOT FOR RETAIL USE","page_number":3,"box":{"x":54,"y":373,"width":495,"height":7}},{"id":"71412690-b074-4bcd-9e92-0279c750a611","block_type":"box","text":"OR DISTRIBUTION","page_number":3,"box":{"x":553,"y":373,"width":104,"height":7}},{"id":"1c296353-a5b6-441f-9152-c56d7bf8e970","block_type":"box","text":"The term 'Fund' used throughout this document refers to the relev","page_number":3,"box":{"x":53,"y":385,"width":353,"height":8}},{"id":"a72f7a8c-4f4a-4e36-b396-62904eb2b330","block_type":"box","text":"ant 'Sub-Fund', which is a legal term used in the Prospectus.","page_number":3,"box":{"x":406,"y":385,"width":323,"height":8}},{"id":"00c1796a-e378-4843-a2b2-b90c52c2f601","block_type":"box","text":"This is a marketing communication and as such the views contained","page_number":3,"box":{"x":53,"y":397,"width":419,"height":8}},{"id":"8c260a49-87b7-4bc6-a29e-ee6a1222f365","block_type":"box","text":"herein do not form part of an offer, nor are they to be taken as advice or","page_number":3,"box":{"x":54,"y":405,"width":434,"height":9}},{"id":"f37dc6dc-08d1-4fc8-8874-4d2a13fc938e","block_type":"box","text":"a recommendation, to buy or sell any investment or interest thereto.","page_number":3,"box":{"x":54,"y":414,"width":413,"height":9}},{"id":"1c55f1f7-487f-4e96-8b25-d5a7130adb77","block_type":"box","text":"Reliance upon information in this material is at the sole discretion of the","page_number":3,"box":{"x":54,"y":423,"width":439,"height":9}},{"id":"18650c02-4315-4eb7-aa0d-69c5468c0854","block_type":"box","text":"reader. Any research in this document has been obtained and may have","page_number":3,"box":{"x":54,"y":432,"width":441,"height":9}},{"id":"112a3983-0b72-459e-b01f-8b0598606161","block_type":"box","text":"been acted upon by J.P. Morgan Asset Management for its own","page_number":3,"box":{"x":54,"y":441,"width":384,"height":9}},{"id":"13e71daa-84f3-40f5-aa62-3559b92ef60c","block_type":"box","text":"purpose. The results of such research are being made available as","page_number":3,"box":{"x":54,"y":450,"width":407,"height":9}},{"id":"6c4cad0f-1962-4cd2-b2d3-adff77828cb1","block_type":"box","text":"additional information and do not necessarily reflect the views of J.P.","page_number":3,"box":{"x":54,"y":459,"width":418,"height":9}},{"id":"63bba70a-0b38-4f19-af3e-7351a1d58aa2","block_type":"box","text":"Morgan Asset Management. Any forecasts, figures, opinions,","page_number":3,"box":{"x":54,"y":468,"width":372,"height":9}},{"id":"07b907ff-c4fe-4819-bf84-9ca803c153b2","block_type":"box","text":"statements of financial market trends or investment techniques and","page_number":3,"box":{"x":54,"y":477,"width":417,"height":8}},{"id":"c5cb551e-363c-4bc2-8ec1-e1ccd4d66a6e","block_type":"box","text":"strategies expressed are, unless otherwise stated, J.P. Morgan Asset","page_number":3,"box":{"x":54,"y":486,"width":419,"height":8}},{"id":"95ca839b-5b3e-4a56-96e5-18a1bbbdb506","block_type":"box","text":"Management’s own at the date of this document. They may not","page_number":3,"box":{"x":54,"y":494,"width":383,"height":9}},{"id":"aa9a5822-0ada-45ce-b5a0-cb4d169125d4","block_type":"box","text":"necessarily be all inclusive and may be subject to change without","page_number":3,"box":{"x":54,"y":503,"width":400,"height":9}},{"id":"b7f541ab-c4ec-451d-9baa-5e7207046b22","block_type":"box","text":"reference or notification to you.","page_number":3,"box":{"x":54,"y":512,"width":190,"height":9}},{"id":"e0847ebc-6453-43aa-a084-c9ca22a9dfae","block_type":"box","text":"The value of investments and the income from them may fluctuate in","page_number":3,"box":{"x":53,"y":523,"width":419,"height":9}},{"id":"d4da139c-100c-4c30-a919-4502f481531f","block_type":"box","text":"accordance with market conditions and taxation agreements and","page_number":3,"box":{"x":54,"y":532,"width":400,"height":9}},{"id":"5677329a-bb24-4357-9697-4829a427f460","block_type":"box","text":"investors may not get back the full amount invested. Changes in","page_number":3,"box":{"x":54,"y":541,"width":392,"height":9}},{"id":"63265678-e952-4a7b-b634-4ed91108443d","block_type":"box","text":"exchange rates may have an adverse effect on the value, price or","page_number":3,"box":{"x":54,"y":550,"width":396,"height":8}},{"id":"062732c4-db39-46c0-a1a8-82296b9b5448","block_type":"box","text":"income of the products or underlying overseas investments. Past","page_number":3,"box":{"x":54,"y":559,"width":398,"height":8}},{"id":"9076e4b6-87a5-4515-9beb-d078b7a7ce17","block_type":"box","text":"performance and yield are not a reliable indicator of current and future","page_number":3,"box":{"x":54,"y":567,"width":433,"height":9}},{"id":"b963449a-d51b-4bac-baca-efede9f54350","block_type":"box","text":"results. There is no guarantee that any forecast made will come to pass.","page_number":3,"box":{"x":54,"y":576,"width":438,"height":9}},{"id":"39836f2e-e6b1-4cde-91c6-89e3545a25b8","block_type":"box","text":"Furthermore, there can be no assurance that the investment objectives","page_number":3,"box":{"x":54,"y":585,"width":436,"height":9}},{"id":"d49981ac-9950-4eb1-9c58-e625212d2fe5","block_type":"box","text":"of the investment products will be met.","page_number":3,"box":{"x":54,"y":594,"width":235,"height":9}},{"id":"51d9924f-7aea-4d96-a386-68d7745915de","block_type":"box","text":"J.P. Morgan Asset Management is the brand name for the asset","page_number":3,"box":{"x":53,"y":605,"width":389,"height":9}},{"id":"9512cc02-375f-4626-87f1-04637915d517","block_type":"box","text":"management business of JPMorgan Chase & Co. and its affiliates","page_number":3,"box":{"x":54,"y":614,"width":399,"height":9}},{"id":"7129cfeb-8edd-42bc-924b-1f03bf7e63b6","block_type":"box","text":"worldwide.","page_number":3,"box":{"x":54,"y":623,"width":64,"height":7}},{"id":"6801fdbc-21db-4cd7-8f94-4993422ab2c9","block_type":"box","text":"To the extent permitted by applicable law, we may record telephone","page_number":3,"box":{"x":53,"y":633,"width":411,"height":9}},{"id":"cf8f56d6-021e-4f1a-87ad-a0f908af8434","block_type":"box","text":"calls and monitor electronic communications to comply with our legal","page_number":3,"box":{"x":54,"y":642,"width":426,"height":9}},{"id":"e3fc2b0b-ca9e-44e6-bd35-8d3a2d2cc1c0","block_type":"box","text":"and regulatory obligations and internal policies. Personal data will be","page_number":3,"box":{"x":54,"y":651,"width":422,"height":9}},{"id":"f22a241d-b65d-4eca-8d2f-ae4b16845e56","block_type":"box","text":"collected, stored and processed by J.P. Morgan Asset Management in","page_number":3,"box":{"x":54,"y":660,"width":426,"height":9}},{"id":"6a5f8f2a-ecd2-4be6-8af4-9f8da9f2559c","block_type":"box","text":"accordance with our EMEA Privacy Policy www.jpmorgan.com/emea","page_number":3,"box":{"x":54,"y":669,"width":422,"height":9}},{"id":"a822913a-9eba-44f7-9b3c-4bb1c3eee70b","block_type":"box","text":"privacy-policy.","page_number":3,"box":{"x":54,"y":678,"width":87,"height":9}},{"id":"c3ee30fd-7dfd-48d2-89a5-e1c7aa641e07","block_type":"box","text":"As the product may not be authorised or its offering may be restricted in","page_number":3,"box":{"x":53,"y":689,"width":439,"height":8}},{"id":"ea166bed-45e8-41e4-8eb9-f91f5866b678","block_type":"box","text":"your jurisdiction, it is the responsibility of every reader to satisfy himself","page_number":3,"box":{"x":53,"y":697,"width":436,"height":9}},{"id":"3c7445e9-c635-4b1c-a28b-f735d0f949e7","block_type":"box","text":"as to the full observance of the laws and regulations of the relevant","page_number":3,"box":{"x":54,"y":706,"width":408,"height":9}},{"id":"a9bca512-67e5-4286-bcd2-51ab225f15c0","block_type":"box","text":"jurisdiction. Prior to any application investors are advised to take all","page_number":3,"box":{"x":53,"y":715,"width":412,"height":9}},{"id":"17054d41-dd15-499e-a20f-eb3f707be353","block_type":"box","text":"necessary legal, regulatory and tax advice on the consequences of an","page_number":3,"box":{"x":54,"y":724,"width":426,"height":9}},{"id":"31936c01-5fd2-45f9-bdcf-0590d8900e27","block_type":"box","text":"investment in the products. Shares or other interests may not be offered","page_number":3,"box":{"x":54,"y":733,"width":440,"height":9}},{"id":"33e6d6d5-c4a1-44f7-be54-77813adeb302","block_type":"box","text":"to, or purchased, directly or indirectly by US persons. All transactions","page_number":3,"box":{"x":511,"y":397,"width":420,"height":8}},{"id":"e725206a-dbb7-4cdb-b6a2-3c3fa4e194ef","block_type":"box","text":"should be based on the latest available Prospectus, the Key Information","page_number":3,"box":{"x":512,"y":406,"width":437,"height":8}},{"id":"d39ff85a-a19a-433c-8bcd-14802b4593aa","block_type":"box","text":"Document (KID) and any applicable local offering document. These","page_number":3,"box":{"x":512,"y":414,"width":409,"height":9}},{"id":"4e591689-04a0-4654-9978-181446c61a3b","block_type":"box","text":"documents together with the annual report, semi-annual report, the","page_number":3,"box":{"x":512,"y":423,"width":416,"height":9}},{"id":"803102f6-02f4-43af-8280-683dad506807","block_type":"box","text":"articles of incorporation and sustainability-related disclosures for the","page_number":3,"box":{"x":512,"y":432,"width":424,"height":9}},{"id":"33618017-90f3-44df-9a0b-d7d110e6d462","block_type":"box","text":"Luxembourg domiciled products are available in English upon request","page_number":3,"box":{"x":512,"y":441,"width":431,"height":9}},{"id":"55266000-c2a0-4d4b-81ef-cc87c716e5e8","block_type":"box","text":"from JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves,","page_number":3,"box":{"x":511,"y":450,"width":426,"height":9}},{"id":"ef80ea4d-9a5d-4180-a728-80a039d8cb40","block_type":"box","text":"L-2633 Senningerberg, Grand Duchy of Luxembourg, your financial","page_number":3,"box":{"x":512,"y":459,"width":409,"height":9}},{"id":"a98b4f0b-b7d7-4bb9-bbd1-1ab2409e9d44","block_type":"box","text":"adviser, your J.P. Morgan Asset Management regional contact or at","page_number":3,"box":{"x":512,"y":468,"width":409,"height":9}},{"id":"9427e399-f814-49d3-bb8c-782355b6efa1","block_type":"box","text":"https://am.jpmorgan.com. A summary of investor rights is available in","page_number":3,"box":{"x":512,"y":477,"width":430,"height":9}},{"id":"6ee06ce2-b0dd-41fb-9824-c1e53209ad75","block_type":"box","text":"English at https://am.jpmorgan.com/lu/investor-rights. J.P. Morgan","page_number":3,"box":{"x":512,"y":486,"width":421,"height":8}},{"id":"d18827f1-dbef-41ba-977f-d17efee6c0e1","block_type":"box","text":"Asset Management may decide to terminate the arrangements made","page_number":3,"box":{"x":511,"y":495,"width":424,"height":8}},{"id":"95fcd175-db02-45ea-b642-e81f4b2b3fa4","block_type":"box","text":"for the marketing of its collective investment undertakings.","page_number":3,"box":{"x":511,"y":503,"width":361,"height":9}},{"id":"e27efd1e-0c36-47cc-8f0c-0dc93ebd77d2","block_type":"box","text":"In Switzerland, JPMorgan Asset Management Switzerland LLC","page_number":3,"box":{"x":512,"y":514,"width":377,"height":9}},{"id":"28171312-9b42-429d-8766-1b8a23cd1766","block_type":"box","text":"(JPMAMS), Dreikönigstrasse 37, 8002 Zurich, acts as Swiss","page_number":3,"box":{"x":512,"y":523,"width":356,"height":9}},{"id":"3e323ab5-d64f-4cc0-8e19-3c03a7cd1157","block_type":"box","text":"representative of the funds and J.P. Morgan (Suisse) SA, Rue du Rhône","page_number":3,"box":{"x":512,"y":532,"width":431,"height":9}},{"id":"a622d214-c231-4b33-a244-f7c702f2727d","block_type":"box","text":"35, 1204 Geneva, as paying agent. With respect to its distribution","page_number":3,"box":{"x":512,"y":541,"width":392,"height":9}},{"id":"13d56af7-83de-4dc2-933a-3cf278c8f9c4","block_type":"box","text":"activities in and from Switzerland, JPMAMS receives remuneration which","page_number":3,"box":{"x":512,"y":550,"width":441,"height":8}},{"id":"dd70c4d0-6f49-4435-a8b0-f3a6149d085e","block_type":"box","text":"is paid out of the management fee as defined in the respective fund","page_number":3,"box":{"x":512,"y":559,"width":413,"height":8}},{"id":"a2c28777-516f-40c4-a366-dd39cd420973","block_type":"box","text":"documentation. Further information regarding this remuneration,","page_number":3,"box":{"x":512,"y":568,"width":401,"height":8}},{"id":"453d9497-104d-4a88-ba61-6c983faecab4","block_type":"box","text":"including its calculation method, may be obtained upon written request","page_number":3,"box":{"x":512,"y":576,"width":438,"height":9}},{"id":"aa2792f2-cf83-425d-80a5-363860c08f97","block_type":"box","text":"from JPMAMS.","page_number":3,"box":{"x":511,"y":585,"width":87,"height":7}},{"id":"3c28872c-4d06-4f4d-a790-e708387dd2b0","block_type":"box","text":"This communication is issued in Europe (excluding UK) by JPMorgan","page_number":3,"box":{"x":511,"y":596,"width":418,"height":9}},{"id":"bd8ba928-50de-4b21-a743-196db3bef20f","block_type":"box","text":"Asset Management (Europe) S.à r.l., 6 route de Trèves, L-2633","page_number":3,"box":{"x":511,"y":605,"width":374,"height":9}},{"id":"6700a1ee-02b8-4f5a-8391-835aabd34322","block_type":"box","text":"Senningerberg, Grand Duchy of Luxembourg, R.C.S. Luxembourg","page_number":3,"box":{"x":512,"y":614,"width":399,"height":9}},{"id":"b9a4a868-60cd-4789-b2d1-f5137bd88401","block_type":"box","text":"B27900, corporate capital EUR 10.000.000. This communication is","page_number":3,"box":{"x":512,"y":623,"width":407,"height":8}},{"id":"ac21a5f0-c642-4b29-b6a1-1a3256980404","block_type":"box","text":"issued in the UK by JPMorgan Asset Management (UK) Limited, which is","page_number":3,"box":{"x":512,"y":632,"width":435,"height":8}},{"id":"7370339c-cd97-4841-b309-bfb3104e137c","block_type":"box","text":"authorised and regulated by the Financial Conduct Authority.","page_number":3,"box":{"x":512,"y":640,"width":373,"height":9}},{"id":"76b2bba5-d21b-4405-878f-82065ef38419","block_type":"box","text":"Registered in England No. 01161446. Registered address: 25 Bank Street,","page_number":3,"box":{"x":512,"y":649,"width":441,"height":9}},{"id":"9dd488c2-6740-469a-8190-4808c0a5d660","block_type":"box","text":"Canary Wharf, London E14 5JP.","page_number":3,"box":{"x":512,"y":658,"width":187,"height":9}},{"id":"b982e8f9-7328-4657-bc46-7b6c5dc60f21","block_type":"box","text":"For UK only:","page_number":3,"box":{"x":512,"y":669,"width":69,"height":9}},{"id":"32edc678-5bec-4c69-9560-ccd7659d9533","block_type":"box","text":"Sustainability-related terms in this communication follow","page_number":3,"box":{"x":586,"y":669,"width":350,"height":9}},{"id":"de154a55-db97-4390-b2f8-8972a03e118f","block_type":"box","text":"J.P Morgan Asset Management’s methodologies and application of the","page_number":3,"box":{"x":511,"y":678,"width":434,"height":9}},{"id":"8b38e637-9ce8-48a6-a67a-c2b5dec8b8f1","block_type":"box","text":"EU Sustainable Finance Disclosure Regulation, not the UK Sustainability","page_number":3,"box":{"x":512,"y":687,"width":438,"height":9}},{"id":"1b0e0726-2e27-4474-9c7c-f8f8f427bf03","block_type":"box","text":"Disclosure Requirements and investment labels regime.The product is","page_number":3,"box":{"x":512,"y":696,"width":431,"height":9}},{"id":"1d29420f-05c5-4ff1-8075-08e246c6d9b3","block_type":"box","text":"authorised overseas, but not in the UK. The UK Financial Ombudsman","page_number":3,"box":{"x":512,"y":705,"width":423,"height":7}},{"id":"a8a6db43-52da-4d45-bb5a-5772dfc046bc","block_type":"box","text":"Service is unlikely to be able to consider any related complaints and any","page_number":3,"box":{"x":512,"y":713,"width":439,"height":9}},{"id":"80d692b3-c89a-44d2-824d-83a62bb9318e","block_type":"box","text":"claims for losses are unlikely to be covered under the UK compensation","page_number":3,"box":{"x":512,"y":722,"width":436,"height":9}},{"id":"edbd6afd-efd8-4c57-a31e-4c0d26ffbc9b","block_type":"box","text":"scheme.","page_number":3,"box":{"x":512,"y":731,"width":52,"height":7}},{"id":"97c38048-b6e6-4bbf-9bf1-ebee754a9dd1","block_type":"box","text":"This material is confidential and intended for the addressee only and","page_number":3,"box":{"x":53,"y":749,"width":420,"height":9}},{"id":"306372a6-2725-4870-b2c4-6dc54a4c7675","block_type":"box","text":"do","page_number":3,"box":{"x":478,"y":749,"width":15,"height":7}},{"id":"8965c118-2486-4576-85ae-1de2439519ee","block_type":"box","text":"not constitute a public offering. The investment funds and their shares","page_number":3,"box":{"x":54,"y":758,"width":431,"height":9}},{"id":"211784a1-f541-49a8-9eba-ab735ff612ab","block_type":"box","text":"as mentioned in this material are not registered with LatAm authorities","page_number":3,"box":{"x":54,"y":767,"width":431,"height":9}},{"id":"e071e5b7-7cf4-4841-946b-3dbf7c3e1544","block_type":"box","text":"for local public offering.","page_number":3,"box":{"x":53,"y":776,"width":145,"height":9}},{"id":"834dd386-8bab-4f99-bf9f-0089e030602e","block_type":"box","text":"For Panama:","page_number":3,"box":{"x":54,"y":787,"width":74,"height":7}},{"id":"91e7e960-29a6-47b5-a632-7825e36347e6","block_type":"box","text":"These securities have not been listed with the","page_number":3,"box":{"x":132,"y":787,"width":278,"height":7}},{"id":"3e4c28b1-5e7d-4cca-afcb-5cfaa037608e","block_type":"box","text":"Superintendence of the Securities Market and neither has any offering,","page_number":3,"box":{"x":54,"y":795,"width":434,"height":9}},{"id":"c9399769-6bb3-4e05-baaf-9b26066853a1","block_type":"box","text":"sale or transaction with them. The listing exemption has been made","page_number":3,"box":{"x":54,"y":804,"width":413,"height":9}},{"id":"11020549-990b-4b6b-a093-cf9dd51dd6f6","block_type":"box","text":"based on Article 83 (3) of Decree Law No. 1 of July 8, 1999 (Institutional","page_number":3,"box":{"x":54,"y":813,"width":420,"height":9}},{"id":"60e80e2e-36ca-4ff4-83f8-82b049299e0f","block_type":"box","text":"Investors). Consequently the tax treatment established under Articles","page_number":3,"box":{"x":54,"y":822,"width":423,"height":9}},{"id":"f2053f1a-e41b-4e90-bd88-3828dffca5bf","block_type":"box","text":"269 to 271 of Law Decree 1, dated 8 July 1999, does not apply. These","page_number":3,"box":{"x":54,"y":831,"width":405,"height":9}},{"id":"71edf73e-e359-437d-81ae-602baba4b793","block_type":"box","text":"Securities do not fall under the supervision of the Superintendence of","page_number":3,"box":{"x":54,"y":840,"width":425,"height":9}},{"id":"0777b9d4-9792-471e-84ef-08d1f0139437","block_type":"box","text":"the Securities Market.","page_number":3,"box":{"x":53,"y":849,"width":133,"height":7}},{"id":"6365ac28-ae25-4681-a122-8658151305a5","block_type":"box","text":"For Uruguay:","page_number":3,"box":{"x":54,"y":860,"width":76,"height":8}},{"id":"2af79390-089a-432f-9a60-200ffd31cb44","block_type":"box","text":"This fund is not an investment fund governed by local law","page_number":3,"box":{"x":134,"y":860,"width":350,"height":8}},{"id":"3557ab79-5c28-4a5f-bc9c-570e2e168899","block_type":"box","text":"16,774, is being marketed on the basis of a private placement exemption","page_number":3,"box":{"x":54,"y":869,"width":438,"height":8}},{"id":"4696bcc4-4022-442f-a814-0d3ae67644a4","block_type":"box","text":"and is not registered. For further information about the fund, the","page_number":3,"box":{"x":54,"y":877,"width":393,"height":9}},{"id":"73f8608c-480b-4070-97e8-ed4d3a6a7ecd","block_type":"box","text":"investors shall contact JPMorgan directly.","page_number":3,"box":{"x":54,"y":886,"width":254,"height":9}},{"id":"95e75925-b2f2-4ad2-ae66-8ac9f35e891f","block_type":"box","text":"For Chile:","page_number":3,"box":{"x":54,"y":897,"width":56,"height":7}},{"id":"b311cca3-90b1-40ec-ba8b-f003e9da67a7","block_type":"box","text":"ESTA OFERTA PRIVADA SE INICIA EL DÍA DE RIGISTRO EN CCR","page_number":3,"box":{"x":115,"y":895,"width":365,"height":9}},{"id":"e3ed122e-1fde-4f8c-9db3-f996766fa926","block_type":"box","text":"(WWW.CCR.CL) Y SE ACOGE A LAS DISPOSICIONES DE LA NORMA DE\r\nÁ","page_number":3,"box":{"x":54,"y":906,"width":409,"height":9}},{"id":"e5416fdf-0581-42d2-ad53-39ccce5a0f66","block_type":"box","text":"() \r\nCARÁCTER GENERAL Nº 336 DE LA SUPERINTENDENCIA DE VALORES Y","page_number":3,"box":{"x":54,"y":913,"width":423,"height":9}},{"id":"a4121ae1-f0f7-49f2-94ce-b66b2bc5b25a","block_type":"box","text":"SEGUROS, HOY COMISIÓN PARA EL MERCADO FINANCIERO. ESTA","page_number":3,"box":{"x":54,"y":922,"width":392,"height":10}},{"id":"fa86f21f-51c3-442e-8540-4808fac64433","block_type":"box","text":"OFERTA VERSA SOBRE VALORES NO INSCRITOS EN EL REGISTRO DE","page_number":3,"box":{"x":54,"y":933,"width":409,"height":7}},{"id":"90ec7a3d-2723-43c7-992d-e7d8f92a8081","block_type":"box","text":"VALORES O EN EL REGISTRO DE VALORES EXTRANJEROS QUE LLEVA LA\r\nÓ","page_number":3,"box":{"x":53,"y":941,"width":433,"height":8}},{"id":"de3c4fe5-bee8-4668-a146-916e350ddc20","block_type":"box","text":"Q\r\nCOMISIÓN PARA EL MERCADO FINANCIERO, POR LO QUE TALES VALORES\r\nÁÓÉ","page_number":3,"box":{"x":54,"y":949,"width":442,"height":9}},{"id":"f8b3b619-4232-432a-851d-a13044aa5d6f","block_type":"box","text":", Q\r\nNO ESTÁN SUJETOS A LA FISCALIZACIÓN DE ÉSTA. POR TRATAR DE","page_number":3,"box":{"x":54,"y":957,"width":398,"height":9}},{"id":"3c9327e2-6d8c-438b-b493-d172721ba6b6","block_type":"box","text":"VALORES NO INSCRITOS NO EXISTE LA OBLIGACIÓN POR PARTE DEL","page_number":3,"box":{"x":511,"y":750,"width":411,"height":9}},{"id":"23df9472-62b1-406f-af7c-48be76f6fce2","block_type":"box","text":"EMISOR DE ENTREGAR EN CHILE INFORMACIÓN PÚBLICA RESPECTO DE","page_number":3,"box":{"x":512,"y":759,"width":433,"height":8}},{"id":"fd2cee94-2c64-4c75-b7e2-db746643005b","block_type":"box","text":"LOS VALORES SOBRE LOS QUE VERSA ESTA OFERTA. ESTOS VALORES NO\r\nÁÚ","page_number":3,"box":{"x":512,"y":769,"width":441,"height":8}},{"id":"93038ea1-bda8-4dff-be4d-80410a56ff29","block_type":"box","text":"Q\r\nPODRÁN SER OBJETO DE OFERTA PÚBLICA MIENTRAS NO SEAN","page_number":3,"box":{"x":512,"y":776,"width":380,"height":9}},{"id":"4eeab6cd-5109-4294-982f-3c6b17e6f33f","block_type":"box","text":"INSCRITOS EN EL REGISTRO DE VALORES CORRESPONDIENTE.","page_number":3,"box":{"x":512,"y":787,"width":377,"height":7}},{"id":"95b567a6-7181-4adc-b4ac-f4280890caad","block_type":"box","text":"For Chile (funds that are registered with CMF): The Fund is domiciled in","page_number":3,"box":{"x":512,"y":798,"width":431,"height":9}},{"id":"fd43dcf2-9723-47ef-8d69-834ba1ceadf0","block_type":"box","text":"Luxembourg, therefore, the investors’ rights and obligations will be","page_number":3,"box":{"x":512,"y":807,"width":409,"height":9}},{"id":"a4f572b4-e7f3-4e28-81c2-ddf20682776a","block_type":"box","text":"governed by the laws of Luxembourg, and the investors must inform","page_number":3,"box":{"x":512,"y":816,"width":415,"height":9}},{"id":"11bf8cb0-28d8-45d0-b2ac-1b32134ff49c","block_type":"box","text":"themselves about the way and means to enforce their rights. The CMF","page_number":3,"box":{"x":511,"y":825,"width":427,"height":8}},{"id":"06aacd50-a1ee-49b7-bdfd-837440854357","block_type":"box","text":"supervision will be exclusively focused on the compliance with the","page_number":3,"box":{"x":512,"y":834,"width":403,"height":8}},{"id":"e5eae9ea-3de9-485e-b27f-728a7687c44d","block_type":"box","text":"information obligations contained in NCG 352. Therefore, the control","page_number":3,"box":{"x":512,"y":842,"width":416,"height":9}},{"id":"d6f4145d-84db-4a77-b03d-d39d4ad33768","block_type":"box","text":"and supervision of the Fund will correspond to their home state","page_number":3,"box":{"x":512,"y":851,"width":386,"height":9}},{"id":"04502a37-29cb-46be-bbe8-afd8a1c7d432","block_type":"box","text":"regulator. The public information about the Fund will be exclusively that","page_number":3,"box":{"x":512,"y":860,"width":435,"height":9}},{"id":"993f7c5b-8149-4f83-93ed-67ccc75676a6","block_type":"box","text":"which the Luxembourg regulator requires. The Fund observes the","page_number":3,"box":{"x":512,"y":869,"width":400,"height":9}},{"id":"77a87205-fe7e-4481-bc02-d01419d02250","block_type":"box","text":"Accounting and Auditing rules enacted by Luxembourg regulators,","page_number":3,"box":{"x":511,"y":878,"width":409,"height":9}},{"id":"c75b95ef-1c6b-4c7b-90ed-d3c1aaac7402","block_type":"box","text":"which may be different than the ones enacted by Chilean regulators.","page_number":3,"box":{"x":512,"y":887,"width":417,"height":9}},{"id":"c43667ac-5795-4b37-a39c-152c12fce389","block_type":"box","text":"Pursuant to article 196 of the Chilean Securities Market Law (the “Law”),","page_number":3,"box":{"x":512,"y":896,"width":434,"height":9}},{"id":"eab965fd-79ca-42f9-989d-65d16090d5f5","block_type":"box","text":"in case of violation of any regulations issued by CMF, the Fund,","page_number":3,"box":{"x":512,"y":905,"width":382,"height":9}},{"id":"e58b21aa-ab0c-41ed-8a0a-433d03ecdd73","block_type":"box","text":"intermediaries, foreign securities depositories and any other person","page_number":3,"box":{"x":512,"y":914,"width":417,"height":8}},{"id":"a7fb7dd3-4e66-4837-b959-696b47efe936","block_type":"box","text":"involved in the registration, placement, custody, trading or otherwise of","page_number":3,"box":{"x":512,"y":923,"width":435,"height":8}},{"id":"e2c30b85-13a2-41f7-8181-58e4cda04eea","block_type":"box","text":"foreign securities will be subject to the sanctions contained both in DL","page_number":3,"box":{"x":511,"y":931,"width":430,"height":9}},{"id":"8852051e-71b8-4827-82c9-ee0059cc1719","block_type":"box","text":"N° 3538 and in the Law. Investors may obtain more information about","page_number":3,"box":{"x":512,"y":940,"width":421,"height":9}},{"id":"418c73b6-63c6-4077-ada5-7922d45ef59a","block_type":"box","text":"the Fund in the CMF website (http://www.cmfchile.cl).","page_number":3,"box":{"x":511,"y":949,"width":329,"height":9}},{"id":"7370ffcd-b5b3-4234-9401-8f044e68b95b","block_type":"box","text":"LV-JPM52022 | 07/26","page_number":3,"box":{"x":54,"y":973,"width":113,"height":8}},{"id":"d673f6d1-df47-480c-8a10-034ef3f2e70c","block_type":"box","text":"843b9bd0-64e9-11ed-967b-eeee0af466bf","page_number":3,"box":{"x":714,"y":973,"width":253,"height":7}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":3}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"10798590-129b-4f60-a4f2-e69e6fd0d44d"},"user_id":1000002,"date_created":"2026-10-05T20:30:22.255000Z","date_modified":"2026-10-05T20:30:22.255000Z","private":false}