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If a company goes through","page_number":3,"box":{"x":65,"y":148,"width":373,"height":9}},{"id":"a6c7aba3-d47a-4e03-b1a5-a5770edf78fb","block_type":"box","text":"bankruptcy or a similar financial restructuring, its shares in issue","page_number":3,"box":{"x":66,"y":159,"width":384,"height":8}},{"id":"07901c73-be25-4987-af33-b6eb58abf2a6","block_type":"box","text":"typically lose most or all of their value.","page_number":3,"box":{"x":65,"y":169,"width":223,"height":9}},{"id":"c14e593a-a520-4b72-85f6-2aa0be3e2402","block_type":"box","text":"Since the instruments held by the Sub","page_number":3,"box":{"x":66,"y":180,"width":223,"height":8}},{"id":"32954df1-d0d0-46df-bc1f-a21c306e80f7","block_type":"box","text":"-","page_number":3,"box":{"x":290,"y":184,"width":4,"height":1}},{"id":"3a78dd7e-9f4f-4f1c-909d-ce2d9a738297","block_type":"box","text":"Fund may be denominated in","page_number":3,"box":{"x":296,"y":180,"width":170,"height":8}},{"id":"4ab56238-567e-4f9c-aaa2-22e058402d71","block_type":"box","text":"currencies other than the Base Currency, the Sub","page_number":3,"box":{"x":65,"y":190,"width":292,"height":9}},{"id":"1389799d-e97e-4326-b92b-409e3d9ffbc1","block_type":"box","text":"-","page_number":3,"box":{"x":359,"y":194,"width":4,"height":1}},{"id":"0279499b-77e3-4fb8-a913-bafa1cefbddc","block_type":"box","text":"Fund may be","page_number":3,"box":{"x":365,"y":190,"width":75,"height":9}},{"id":"62f08f50-047e-46d2-ae9c-7f9fd6d7ddd6","block_type":"box","text":"affected unfavourably by exchange control regulations or fluctuations","page_number":3,"box":{"x":65,"y":201,"width":412,"height":9}},{"id":"0d8e4503-e0f3-49c5-a532-c2949e0a9ae2","block_type":"box","text":"in currency rates. For this reason, changes in currency exchange","page_number":3,"box":{"x":66,"y":211,"width":383,"height":9}},{"id":"846a30ef-5d75-4190-a9eb-a5d4795ea00f","block_type":"box","text":"rates can affect the value of the Sub","page_number":3,"box":{"x":66,"y":222,"width":214,"height":7}},{"id":"182afad9-5207-46a4-8120-c59e3fa989e4","block_type":"box","text":"-","page_number":3,"box":{"x":281,"y":226,"width":4,"height":1}},{"id":"15e0c997-eabb-46f7-84fd-7d5a954ee0df","block_type":"box","text":"Fund's portfolio and may impact","page_number":3,"box":{"x":287,"y":222,"width":190,"height":9}},{"id":"3a181aad-f2d3-4803-8c21-b979dd359bea","block_type":"box","text":"the value of the Shares.","page_number":3,"box":{"x":65,"y":232,"width":138,"height":7}},{"id":"c4e125db-d6b2-4a5c-85f3-140f27b85d37","block_type":"box","text":"The Sub","page_number":3,"box":{"x":65,"y":243,"width":46,"height":7}},{"id":"a5233aba-2a66-4131-a006-2a436eb325cb","block_type":"box","text":"-","page_number":3,"box":{"x":112,"y":247,"width":4,"height":1}},{"id":"8b52a497-de7a-4c77-8261-2dcc5e9ec21d","block_type":"box","text":"Fund is not expected to track the performance of the Index at","page_number":3,"box":{"x":118,"y":243,"width":362,"height":9}},{"id":"c83ffd22-c742-4a5b-bfcd-178b632d1c23","block_type":"box","text":"all times with perfect accuracy. The Sub","page_number":3,"box":{"x":65,"y":254,"width":236,"height":8}},{"id":"1ea59199-26c3-4f1c-ad2b-a8d0d8dfac27","block_type":"box","text":"-","page_number":3,"box":{"x":302,"y":258,"width":4,"height":0}},{"id":"0dd73675-8a8a-4961-8843-881b4896cee3","block_type":"box","text":"Fund is, however, expected","page_number":3,"box":{"x":308,"y":254,"width":159,"height":8}},{"id":"0875317c-2ed5-4504-b63b-7d27b9d50463","block_type":"box","text":"to provide investment results that, before expenses, generally","page_number":3,"box":{"x":65,"y":264,"width":366,"height":9}},{"id":"1f65cc49-88b0-4408-8411-a67452ad3561","block_type":"box","text":"correspond to the price and yield performance of the Index.","page_number":3,"box":{"x":65,"y":275,"width":349,"height":8}},{"id":"0b7d41fb-5de0-4f87-aaf5-54d8174b578a","block_type":"box","text":"Further information about risks can be found in the \"Risk Information\"","page_number":3,"box":{"x":66,"y":285,"width":409,"height":7}},{"id":"b72a9186-d415-4760-ba1c-e8d1e0f1d312","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":65,"y":296,"width":156,"height":9}},{"id":"57f2724d-c7c5-484a-bdea-66549c4c47fc","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":322,"width":127,"height":7}},{"id":"5123a093-fef5-4be9-8289-8e99781b5008","block_type":"box","text":"Source: J.P. Morgan Asset Management. Share class performance is","page_number":3,"box":{"x":506,"y":97,"width":412,"height":9}},{"id":"5bc2a80c-0851-4cef-a0c4-1000be1bdcf9","block_type":"box","text":"shown based on the NAV (net asset value) of the share class with","page_number":3,"box":{"x":506,"y":108,"width":398,"height":9}},{"id":"d70723d0-98d1-47d4-b931-b3a9565dd593","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":506,"y":119,"width":369,"height":8}},{"id":"fce470cf-f128-4c33-b860-e602d5a7afac","block_type":"box","text":"excluding any entry and exit fees. Performance is shown based on","page_number":3,"box":{"x":506,"y":129,"width":401,"height":9}},{"id":"f6764db3-6798-4aad-9cc2-cbbf05672b35","block_type":"box","text":"the NAV which may not be the same as the market price of the ETF.","page_number":3,"box":{"x":505,"y":140,"width":405,"height":8}},{"id":"a2a7b894-1594-4a9c-9022-208c926a63e5","block_type":"box","text":"Individual shareholders may realise returns that are different to the","page_number":3,"box":{"x":506,"y":150,"width":408,"height":9}},{"id":"7a8d5081-2590-469f-b527-38c55cbdbee7","block_type":"box","text":"NAV based returns.","page_number":3,"box":{"x":506,"y":161,"width":115,"height":7}},{"id":"7bbccb6f-9a3d-4fd9-9629-9f771c657565","block_type":"box","text":"The return of your investment may change as a result of currency","page_number":3,"box":{"x":505,"y":173,"width":402,"height":9}},{"id":"41b76d04-b728-4a41-a873-b77a93019291","block_type":"box","text":"fluctuations if your investment is made in a currency other than that","page_number":3,"box":{"x":505,"y":184,"width":421,"height":9}},{"id":"b6e02689-0025-43e0-8d61-61b563517dd9","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":195,"width":255,"height":8}},{"id":"2fe1de69-e7e1-4fe7-96ac-b94b16ea52e8","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":506,"y":207,"width":403,"height":9}},{"id":"1186bb73-a069-41ef-9091-f52c1bec932d","block_type":"box","text":"invest in them.Investors should note that the benchmark data","page_number":3,"box":{"x":506,"y":218,"width":381,"height":7}},{"id":"1b27fd5d-846b-4f46-960e-8b85d9a05584","block_type":"box","text":"presented is expressed in the fund's base currency, which may be","page_number":3,"box":{"x":506,"y":228,"width":403,"height":9}},{"id":"d0bc1364-0df2-41d4-a909-ac51e175ef7e","block_type":"box","text":"different from the currency in which the share class performance","page_number":3,"box":{"x":506,"y":239,"width":400,"height":9}},{"id":"0f6f562b-5238-43c3-8103-ae0e9e242bd5","block_type":"box","text":"data is presented. Investors should exercise caution when","page_number":3,"box":{"x":506,"y":249,"width":355,"height":9}},{"id":"1ab6238d-d7df-4b8f-920b-a12bf1feac90","block_type":"box","text":"comparing the benchmark data with share class performance data","page_number":3,"box":{"x":506,"y":260,"width":408,"height":9}},{"id":"b84e0432-73cd-4199-bb98-6413d15c8694","block_type":"box","text":"that are in different currencies, as currency fluctuations can","page_number":3,"box":{"x":505,"y":271,"width":373,"height":8}},{"id":"67e16acd-13cd-4904-9a4f-c6a8c0376fb1","block_type":"box","text":"contribute to differences in performance outcomes.","page_number":3,"box":{"x":506,"y":281,"width":316,"height":9}},{"id":"dda73167-dbb7-4ba5-8501-6b8fb7153af4","block_type":"box","text":"The benchmark is for comparative purposes only unless specifically","page_number":3,"box":{"x":505,"y":294,"width":414,"height":8}},{"id":"4786c438-c17a-47fd-bebf-a56f7c289cee","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":304,"width":132,"height":7}},{"id":"cf5b05e0-dbbe-4f54-991f-0e8798590c2b","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":308,"width":4,"height":1}},{"id":"b1d36b55-079a-4f02-a7c5-0ffc28afc85b","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":304,"width":240,"height":9}},{"id":"d5bb5bd1-1bfd-4703-a6ad-f4ac23b2d50b","block_type":"box","text":"Dividend income shown is gross of any applicable tax.","page_number":3,"box":{"x":506,"y":317,"width":324,"height":9}},{"id":"4af0fdaa-cbdf-468c-8890-9d68c4518e7e","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":343,"width":395,"height":9}},{"id":"22bab6a7-fb91-446d-8150-b092817a3ac4","block_type":"box","text":"data, is provided by J.P. Morgan Asset Management (the marketing","page_number":3,"box":{"x":506,"y":354,"width":400,"height":9}},{"id":"31caea23-d950-4952-86bd-3d0b706fc654","block_type":"box","text":"name for the asset management businesses of JPMorgan Chase &","page_number":3,"box":{"x":506,"y":364,"width":411,"height":9}},{"id":"639a6b61-8da1-4362-a895-8a5f1c58fc7f","block_type":"box","text":"Co. and its affiliates worldwide).","page_number":3,"box":{"x":506,"y":375,"width":186,"height":9}},{"id":"6942c6ec-7205-4271-840b-b26dfff2a510","block_type":"box","text":"All data is as at the document date unless indicated otherwise.","page_number":3,"box":{"x":505,"y":386,"width":395,"height":6}},{"id":"254a8179-980c-495a-9ca6-5a1f9b563e17","block_type":"box","text":"©","page_number":3,"box":{"x":506,"y":396,"width":9,"height":7}},{"id":"02ceccbc-2050-4083-82b1-e0caec112bb9","block_type":"box","text":"2026 Morningstar. All Rights Reserved. The information contained","page_number":3,"box":{"x":519,"y":396,"width":399,"height":9}},{"id":"24376c43-3208-494b-9ccd-943266eb9d5d","block_type":"box","text":"herein: (1) is proprietary to Morningstar; (2) may not be copied or","page_number":3,"box":{"x":506,"y":407,"width":383,"height":8}},{"id":"7657f2d7-80f6-476a-95c6-4f6bf0b6dfcb","block_type":"box","text":"distributed; and (3) is not warranted to be accurate, complete or","page_number":3,"box":{"x":506,"y":417,"width":384,"height":9}},{"id":"eed0d3c6-e642-4a10-88d7-06c5c8aaf6bd","block_type":"box","text":"timely. Neither Morningstar nor its content providers are responsible","page_number":3,"box":{"x":505,"y":428,"width":414,"height":9}},{"id":"6ce81053-a787-40ca-94ed-3f7f2299d1f5","block_type":"box","text":"for any damages or losses arising from any use of this information.","page_number":3,"box":{"x":505,"y":438,"width":407,"height":9}},{"id":"50221adb-5de2-4a59-acd5-ef33a782ddc6","block_type":"box","text":"Benchmark Source: Information has been obtained from sources","page_number":3,"box":{"x":506,"y":454,"width":399,"height":7}},{"id":"8fafe471-a1c0-42b4-98d0-5330141f76ce","block_type":"box","text":"believed to be reliable but J.P. Morgan does not warrant its","page_number":3,"box":{"x":506,"y":465,"width":347,"height":8}},{"id":"69578349-0dce-4927-a975-e857dddc54e9","block_type":"box","text":"completeness or accuracy. The Index is used with permission. 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