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In addition, it may increase the Sub","page_number":3,"box":{"x":65,"y":401,"width":355,"height":9}},{"id":"04ae4a13-696f-43eb-9596-2b5975e4164a","block_type":"box","text":"-","page_number":3,"box":{"x":421,"y":405,"width":5,"height":1}},{"id":"995ad978-c66b-4cb4-a02a-62389ae49be5","block_type":"box","text":"Fund's","page_number":3,"box":{"x":427,"y":401,"width":39,"height":7}},{"id":"115f71eb-27aa-4356-be36-9d67e17ab5d9","block_type":"box","text":"volatility and/or magnify pre","page_number":3,"box":{"x":65,"y":412,"width":165,"height":9}},{"id":"6402bd23-dc83-4427-9db7-065d98980417","block_type":"box","text":"-","page_number":3,"box":{"x":232,"y":416,"width":4,"height":1}},{"id":"0c08732d-4ae4-4ffe-96ad-97791a51706e","block_type":"box","text":"existing risks to the Sub","page_number":3,"box":{"x":237,"y":412,"width":141,"height":9}},{"id":"81890340-02c3-4db1-8d56-4f755255d3a5","block_type":"box","text":"-","page_number":3,"box":{"x":379,"y":416,"width":5,"height":1}},{"id":"433a9b2e-8f93-48ab-800a-142e230cfde9","block_type":"box","text":"Fund.","page_number":3,"box":{"x":386,"y":412,"width":31,"height":7}},{"id":"2bc9719e-2394-40af-ab4d-e3435b2842dc","block_type":"box","text":"The Sub","page_number":3,"box":{"x":65,"y":422,"width":46,"height":7}},{"id":"61c73943-5945-47f1-ae12-a36a55959f7c","block_type":"box","text":"-","page_number":3,"box":{"x":112,"y":426,"width":4,"height":1}},{"id":"504ce651-8798-4d7c-8205-63f271a299e4","block_type":"box","text":"Fund seeks to provide a return above the Benchmark;","page_number":3,"box":{"x":118,"y":423,"width":317,"height":8}},{"id":"dd2a76c7-c7c0-4548-829d-5fc7293f009a","block_type":"box","text":"however the Sub","page_number":3,"box":{"x":66,"y":433,"width":97,"height":7}},{"id":"255f19f3-31e0-4625-9cda-3600f7237a48","block_type":"box","text":"-","page_number":3,"box":{"x":164,"y":437,"width":5,"height":1}},{"id":"3ea2ea45-b1e5-429f-a48b-347cb00cfae5","block_type":"box","text":"Fund may underperform the Benchmark.","page_number":3,"box":{"x":171,"y":433,"width":240,"height":9}},{"id":"8a5d6d5b-965b-410f-86a6-3337790c7eba","block_type":"box","text":"Further information about risks can be found in the \"Risk Information\"","page_number":3,"box":{"x":66,"y":444,"width":409,"height":6}},{"id":"c216f417-ee60-417a-807b-08566d7292d0","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":65,"y":454,"width":155,"height":9}},{"id":"22e4ee97-52fa-4c59-bc58-e46d76afaf08","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":480,"width":127,"height":7}},{"id":"61b0321e-aace-473a-b74d-1ebc21a07ce1","block_type":"box","text":"Value of the Share Class over the last five years and may not be a","page_number":3,"box":{"x":505,"y":81,"width":394,"height":9}},{"id":"5ed21ef7-e798-4b8f-9030-9fe7b45f0d43","block_type":"box","text":"reliable indication of the future risk profile of the Share Class. The risk","page_number":3,"box":{"x":506,"y":92,"width":422,"height":9}},{"id":"b03ca64c-ae06-4e47-83d9-a7e2c996ceda","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":506,"y":103,"width":378,"height":8}},{"id":"cfcb342d-364f-4606-8437-344f042dd17a","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":506,"y":113,"width":420,"height":9}},{"id":"4900fa54-2ec6-4e99-887b-d72930e3ee3c","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":506,"y":124,"width":192,"height":9}},{"id":"56da22be-9e8b-4921-b280-43c0adbbcc5f","block_type":"box","text":"-","page_number":3,"box":{"x":699,"y":128,"width":3,"height":1}},{"id":"08f5c0ce-1dfc-4ff7-a922-7b757ff7c503","block_type":"box","text":"free investment. See the Key","page_number":3,"box":{"x":704,"y":124,"width":173,"height":8}},{"id":"8588a5f7-2811-48d2-8db2-95c2b43670fa","block_type":"box","text":"Investor Information Document (KIID) for details.","page_number":3,"box":{"x":506,"y":134,"width":291,"height":9}},{"id":"fbe009fa-52f1-409b-a6e6-87db0758f350","block_type":"box","text":"The possible difference between the current ongoing charge as","page_number":3,"box":{"x":505,"y":147,"width":388,"height":9}},{"id":"985d7424-4211-46c9-825b-43ba9c31b626","block_type":"box","text":"stated in this document and those mentioned in the KIID, is caused","page_number":3,"box":{"x":506,"y":158,"width":412,"height":7}},{"id":"3d6855b6-14d2-43c2-b56c-6361576b80df","block_type":"box","text":"by the fact that the costs mentioned in the KIID are an estimate","page_number":3,"box":{"x":506,"y":168,"width":385,"height":9}},{"id":"ebb64c06-944d-4e6c-a778-78e1dbc605b2","block_type":"box","text":"based on the actual costs incurred over the past year.","page_number":3,"box":{"x":506,"y":179,"width":327,"height":8}},{"id":"89f8f659-0122-4554-86a3-e3dbe252cca2","block_type":"box","text":"Source: J.P. Morgan Asset Management. Share class performance is","page_number":3,"box":{"x":506,"y":212,"width":412,"height":9}},{"id":"d413c8f9-62f5-46cb-bbc2-a26ebe442e0d","block_type":"box","text":"shown based on the NAV (net asset value) of the share class with","page_number":3,"box":{"x":506,"y":223,"width":398,"height":9}},{"id":"5e2fec94-1a98-467d-89df-1862b4707d58","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":506,"y":234,"width":369,"height":8}},{"id":"7eff4cc6-44f4-48ea-91b2-acd2f5e99cde","block_type":"box","text":"excluding any entry and exit fees. Performance is shown based on","page_number":3,"box":{"x":506,"y":244,"width":401,"height":9}},{"id":"cf09b014-1bb4-4a17-b69f-72a33247ae49","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":255,"width":405,"height":8}},{"id":"4102b728-1f81-43aa-ae4c-0b316e8456c1","block_type":"box","text":"Individual shareholders may realise returns that are different to the","page_number":3,"box":{"x":506,"y":265,"width":408,"height":9}},{"id":"fdbacd7a-7c39-4b96-a587-f37b977f4855","block_type":"box","text":"NAV based returns.","page_number":3,"box":{"x":506,"y":276,"width":115,"height":7}},{"id":"ae4029d8-6ae5-4c99-8f03-7ec52805758e","block_type":"box","text":"The return of your investment may change as a result of currency","page_number":3,"box":{"x":505,"y":288,"width":402,"height":9}},{"id":"edf8b475-5597-4900-ac2b-0f5d937e31a1","block_type":"box","text":"fluctuations if your investment is made in a currency other than that","page_number":3,"box":{"x":505,"y":299,"width":421,"height":9}},{"id":"55e60d5e-23e1-457a-92fa-6606f38698c6","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":310,"width":255,"height":8}},{"id":"8b996936-60ce-4396-a7d4-8f753ee3d623","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":506,"y":322,"width":403,"height":9}},{"id":"903963af-ef81-4b36-9b36-d09f38fd0d35","block_type":"box","text":"invest in them.Investors should note that the benchmark data","page_number":3,"box":{"x":506,"y":333,"width":381,"height":7}},{"id":"f3ec8a78-8d3b-46ef-8fdc-3ad060adf70b","block_type":"box","text":"presented is expressed in the fund's base currency, which may be","page_number":3,"box":{"x":506,"y":343,"width":403,"height":9}},{"id":"6b012300-57dd-47ec-bd40-04a00c515565","block_type":"box","text":"different from the currency in which the share class performance","page_number":3,"box":{"x":506,"y":354,"width":400,"height":9}},{"id":"015a6874-d57e-4fd8-9ac7-5afdda8223be","block_type":"box","text":"data is presented. Investors should exercise caution when","page_number":3,"box":{"x":506,"y":364,"width":355,"height":9}},{"id":"cb4cc7f1-c9c7-44ec-a758-ba87daf31018","block_type":"box","text":"comparing the benchmark data with share class performance data","page_number":3,"box":{"x":506,"y":375,"width":408,"height":9}},{"id":"3b6600e1-aff4-43c7-8db7-dc6682eee320","block_type":"box","text":"that are in different currencies, as currency fluctuations can","page_number":3,"box":{"x":505,"y":386,"width":373,"height":8}},{"id":"13eceb9e-7315-44f3-9b66-0a445867857e","block_type":"box","text":"contribute to differences in performance outcomes.","page_number":3,"box":{"x":506,"y":396,"width":316,"height":9}},{"id":"9d2bf034-4e8e-465e-a596-15497108527b","block_type":"box","text":"The benchmark is for comparative purposes only unless specifically","page_number":3,"box":{"x":505,"y":409,"width":414,"height":8}},{"id":"2da6c6c6-b053-4bc3-8283-ed6974ba7b00","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":419,"width":132,"height":7}},{"id":"0a63df3d-b16e-4775-8d8d-09b5c5e3c906","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":423,"width":4,"height":1}},{"id":"cd06537c-8d08-4a00-8b27-de6a2e820653","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":419,"width":240,"height":9}},{"id":"7b331e21-ffbe-4888-b856-95f3713789a5","block_type":"box","text":"Dividend income shown is gross of any applicable tax.","page_number":3,"box":{"x":506,"y":432,"width":324,"height":9}},{"id":"e3af21f1-7367-4ef7-9afa-efdcb7870373","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":458,"width":395,"height":9}},{"id":"efaf40bb-dc37-4b4f-9060-bae6c18bb1ea","block_type":"box","text":"data, is provided by J.P. 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