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JPM UK Dynamic Fund
C Net (Acc) GBP GB00B6X9BB33
Investing dynamically in the UK’s leading companies Access a high-conviction UK equity portfolio focused on attractively valued, high-quality stocks with improving outlooks – backed by rigorous fundamental research and proprietary quantitative insights. Expertise • Deeply resourced, stable and experienced investment team consists of specialist UK equity portfolio managers, averaging over 17 years of industry experience, supported by more than 70 research analysts and over 15 quantitative researchers. • Our data and technology advantage brings together our market-leading insights and our leading technology in one proprietary investment platform, Spectrum.
JPM UK Dynamic Fund performance relative to the FTSE all share Outperformed the index in 10 out of the last 13 calendar years
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Excess return (%)
9.87
15
10
5
0
-5
-1
0
-2.59 -1.53
1.87 0.25
10.24
-5.99
3.09
-3.41
2.31
-2.49
4.60
0.23
Portfolio • An unconstrained, best ideas UK equity strategy that can invest across the market cap spectrum, combining bottom-up stock selection within a risk-controlled framework to identify opportunities through the lens of value, quality, and momentum. Results • Tried and tested investment process has a 30-year track record delivering consistent risk-adjusted returns across different market environments having outperformed the index in four out of the last five calendar years. Source: J.P. Morgan Asset Management as at 31 May 2026. Performance returns are shown based on the quoted price of share class C - Net Accumulation in GBP and assumes any income distribution (gross of tax of shareholders) was reinvested in additional shares on ex-dividend date. All calculations are net of any applicable charges and taxes incurred by the Fund, but gross of any entry/exit fees or taxes charged to the shareholders. Excess return calculated geometrically. Past performance is not a reliable indicator for current and future results.
Capture UK growth with dynamic allocation JPM UK Dynamic Fund employs a disciplined investment approach, integrating both quantitative and fundamental insights to drive high-conviction stock picks that capture the UK stock market’s most attractive opportunities. By focusing on quality businesses that are attractively valued and have
improving outlooks, the fund’s highly selective, best ideas approach allows it to shift its portfolio allocations dynamically to ensure it always has exposure to the companies that stand to benefit most from the UK’s economic trends, while avoiding those that may be left behind.
Access the ideas of a specialist investment team JPM UK Dynamic Fund’s portfolio managers use both fundamental and data-driven insights to manage risk effectively, benefiting from the expertise of an investment team that has been recognised by the EuroHedge Awards in 10 of the last 20 years*. Our in-house team of 70+ fundamental research analysts, with 20 years of experience on average, employ a consistent valuation framework to analyse regional markets through a global lens, supported by an annual research budget exceeding $150 million. Our team of quantitative research analysts has been dedicated to building and refining alpha signals and risk management tools since 1999, leveraging big data initiatives and data science to drive superior investment outcomes.
Ratings and awards
Morningstar Medalist Rating™ GOLD As of 30/04/2026 Analyst-Driven % 10 Data Coverage % 96 Overall Morningstar Rating™ ««««« As of 30/04/2026 Category UK Flex-Cap Equity FE Crown Fund As of 30/05/2026
MARKETING COMMUNICATION FUND STORY | JUNE 2026
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION
Investment process
Idea generation PMs have access to multiple complementary source of insight across a broad universe.
Interrogate and select PMs interrogate relevant insights to select which stocks best fit with our philosophy. Is it a good business?
Systematic insights
Reflecting alpha potential, liquidity, sector, market, macro and style risk
Stock examples
Company newsflow
Equity investor insights
Fundamental analyst insight
Sell-side research
Is it attractively valued? Is the outlook improving?
Construction Positioning driven by bottom-up stock selection with a rigorous focus on risk.
Company insights
Company interrogation
Portfolio
Applied nutrition Plus 500 Rolls Royce Barclays
*The winning team of the EuroHedge Award in 2006, 2007, 2021 & 2024 and nominated in 2010, 2011, 2015, 2022, 2023 & 2025. Past performance is not a reliable indicator for current and future results. Source: Morningstar Ratings™: © 2026 Morningstar, Inc. All rights reserved. FE Crown Fund Ratings © FE. All rights reserved. All ratings as at April 2026. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is not a reliable indicator of current and future results.
Source: J.P. Morgan Asset Management as of May 2026.
Page 2
Key risks The Sub-Fund is subject to Investment risks and Other associated risks from the techniques and securities it uses to seek to achieve its objective. The table on the right explains how these risks relate to each other and the Outcomes to the Shareholder that could affect an investment in the Sub-Fund. Investors should also read Risk Descriptions in the Prospectus for a full description of each risk.
Summary Risk Indicator
1 2 3 4 5 6 7
Lower Risk Higher Risk
The risk indicator assumes you keep the product for 5 year(s). The risk of the product may be significantly higher if held for less than the recom mended holding period. In the UK, please refer to the synthetic risk and reward indicator in the latest available key investor information document.
Investment risks Risks from the Sub-Fund’s techniques and securities Techniques Concentration Hedging
Securities Equities Smaller companies
Other associated risks Further risks the Sub-Fund is exposed to from its use of the techniques and securities above Liquidity Market Outcomes to the Shareholder Potential impact of the risks above Loss Shareholders could lose some or all of their money.
Volatility Shares of the Sub-Fund will fluctuate in value.
Failure to meet the Sub-Fund’s objective
Benchmark uses and resemblance The Funds is actively managed. The Benchmark is a Performance Comparator and the Fund may bear little resemblance to its Benchmark. The Benchmark has been chosen as it reflects the main investment universe and strategy for the Fund.
Investment objective To maximise capital growth over the long-term (5–10 years) by investing at least 80% of the Fund’s assets in UK equities.
Fund Story | June 2026 | JPM UK Dynamic Fund Page 2 of 2
Portfolio management team Jonathan Ingram Portfolio Manager • 26 years of industry experience, all at J.P. Morgan
Blake Crawford Portfolio Manager • 18 years of industry experience, all at J.P. Morgan
Victoria Helvert Portfolio Manager • 13 years of industry experience, all at J.P. Morgan Source: J.P. Morgan Fund ICVC – JPM UK Dynamic Fund* as at 31 March 2026.
This is a marketing communication and as such the views contained herein do not form part of an offer, nor are they to be taken as advice or a recommendation, to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research in this document has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are, unless otherwise stated, J.P. Morgan Asset Management’s own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all inclusive and may be subject to change without reference or notification to you. The value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Changes in exchange rates may have an adverse effect on the value, price or income of the products or underlying overseas investments. Past performance and yield are not a reliable indicator of current and future results. There is no guarantee that any forecast made will come to pass. Furthermore, whilst it is the intention to achieve the investment objective of the investment products, there can be no assurance that those objectives will be met. J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA Privacy Policy www.jpmorgan.com/emea-privacy-policy . Prior to any application investors are advised to take all necessary legal, regulatory and tax advice on the consequences of an investment in the products. Investment is subject to documentation, which is comprised of the Prospectus, Key Investor Information Document (KIID) and either the Supplementary Information Document (SID) or Key Features/Terms and Conditions. These documents, together with the annual report, semi-annual report and instrument of incorporation are available in English from JPMorgan Asset Management (UK) Limited or at https://am.jpmorgan.com . This communication is issued by JPMorgan Asset Management (UK) Limited, which is authorised and regulated in the UK by the Financial Conduct Authority. Registered in England No: 01161446. Registered address: 25 Bank Street, Canary Wharf, London E14 5JP. LV–JPM58272 | 06/26 | 96865425-5f64-11f1-add9-9793ced23b38
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY - NOT FOR RETAIL USE OR DISTRIBUTION
Calendar year performance (%)
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
JPM UK Dynamic Fund C – Net Acc. 9.75 16.56 -11.85 17.29 -12.92 21.00 -2.20 9.89 14.46 24.25
FTSE All-Share Index (Net) 16.74 13.06 -9.51 19.11 -9.85 18.27 0.29 7.87 9.43 23.97
Excess return -5.99 3.09 -2.59 -1.53 -3.41 2.31 -2.49 1.87 4.60 0.23
Source: J.P. Morgan Asset Management. Fund launched on 16 October 2000. Performance returns are shown based on the quoted price of share class C - Net Accumulation in GBP. All calculations are net of any applicable charges and taxes incurred by the Fund, but gross of any entry/exit fees or taxes charged to the shareholders. Performance greater than 1 year is annualised. Excess return calculated geometrically.
*A Sub-Fund of JPMorgan Fund ICVC, an open-ended investment company (OEIC), incorporated in England and Wales. Please refer to the latest prospectus and to the Key Investor Information Document (KIID) for more information relating to the Fund.
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"text": "Rolls"
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"text": "Barclays"
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"text": "*The winning team of the EuroHedge Award in 2006, 2007, 2021 \u0026 2024 and nominated in 2010, 2011, 2015, 2022, 2023 \u0026 2025. Past performance is not a reliable indicator for current and"
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"text": "future results."
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"text": "Source: Morningstar Ratings\u2122: \u00a9 2026 Morningstar, Inc. All rights reserved. FE Crown Fund Ratings \u00a9 FE. All rights reserved. All ratings as at April 2026. The information contained herein:"
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"text": "(1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its"
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"text": "content providers are responsible for any damages or losses arising from any use of this information."
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"text": "Past performance is not a reliable indicator of current and future results."
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"text": "Source: J.P. Morgan Asset Management as of May 2026."
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"text": "Key risks"
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"text": "The Sub-Fund is subject to"
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"text": "from the techniques and securities it uses to seek to achieve its objective."
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"text": "The table on the right explains how these risks relate to each other and the"
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"text": "Outcomes to the Shareholder"
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"text": "that could affect an investment in the"
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"text": "description of each risk."
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