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If a company goes through","page_number":3,"box":{"x":65,"y":148,"width":373,"height":9}},{"id":"25c64fd0-843c-4cc1-8b4a-0598ec7aab4d","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":"d1586d62-f96d-43b8-8390-e91fdd0bb12b","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":"7bd517af-248c-4452-b57e-b3501755d003","block_type":"box","text":"Since the instruments held by the Sub","page_number":3,"box":{"x":66,"y":180,"width":223,"height":8}},{"id":"9255af1c-4d41-452a-8b00-2705a427f24f","block_type":"box","text":"-","page_number":3,"box":{"x":290,"y":184,"width":4,"height":1}},{"id":"31fb07dd-e0c2-47c8-8889-e865db77d317","block_type":"box","text":"Fund may be denominated in","page_number":3,"box":{"x":296,"y":180,"width":170,"height":8}},{"id":"4eeb754f-1171-4e42-9734-b05244dafb0c","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":"fade8b67-8bfe-4e66-9931-6df5940e2e14","block_type":"box","text":"-","page_number":3,"box":{"x":359,"y":194,"width":4,"height":1}},{"id":"3acf68e6-2442-478b-b9ad-c38093e4e0ff","block_type":"box","text":"Fund may be","page_number":3,"box":{"x":365,"y":190,"width":75,"height":9}},{"id":"746a8890-86bf-4c86-b212-f30a93d450d9","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":"6bd4646c-454a-46ec-8a27-fbbc6d607ac5","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":"10b5359e-922d-4a94-8c1b-704c08495dd0","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":"06c0c4f0-fb10-49d4-8c2f-2be28a47ef22","block_type":"box","text":"-","page_number":3,"box":{"x":281,"y":226,"width":4,"height":1}},{"id":"7e2fc1c9-d1b5-4fd5-bed9-432a9fdc4743","block_type":"box","text":"Fund's portfolio and may impact","page_number":3,"box":{"x":287,"y":222,"width":190,"height":9}},{"id":"2df77cdd-1020-4a26-992f-98628888b713","block_type":"box","text":"the value of the Shares.","page_number":3,"box":{"x":65,"y":232,"width":138,"height":7}},{"id":"53682f71-a611-40a3-b70a-7e06ba05c47e","block_type":"box","text":"The Sub","page_number":3,"box":{"x":65,"y":243,"width":46,"height":7}},{"id":"2447d952-c5f6-4048-ba55-2001a1a72b85","block_type":"box","text":"-","page_number":3,"box":{"x":112,"y":247,"width":4,"height":1}},{"id":"7d8f4437-5839-40f4-b762-04749f03af9e","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":"0b99c1b9-0207-4677-8fdc-6f3a2db1d7ee","block_type":"box","text":"all times with perfect accuracy. The Sub","page_number":3,"box":{"x":65,"y":254,"width":236,"height":8}},{"id":"ea39450e-9861-4022-9324-b8e91c6f5580","block_type":"box","text":"-","page_number":3,"box":{"x":302,"y":258,"width":4,"height":0}},{"id":"92cd474a-d4c1-46dc-b34c-c0fa2abc9bd1","block_type":"box","text":"Fund is, however, expected","page_number":3,"box":{"x":308,"y":254,"width":159,"height":8}},{"id":"2e2909ed-82ef-4baf-9005-da6d3c394a8a","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":"2f125e21-f70e-4387-be34-2b47d2080fd1","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":"4063c76d-cdf5-47dc-ab11-08e20c270f33","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":"05f70f97-6189-4a36-8564-1c9175973a01","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":65,"y":296,"width":156,"height":9}},{"id":"d3273429-b197-4c59-a5d7-00f68de01add","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":322,"width":127,"height":7}},{"id":"64ef41a7-0978-42b4-8ed0-7e205071f1ab","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":"e5066030-805d-48fc-aea9-8edd7bf8f780","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":"83ccf236-07f0-42fb-a3c2-5bc1e4a4fa83","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":506,"y":119,"width":369,"height":8}},{"id":"f14b2e1d-240a-43f2-bd28-f7e5ae8a38dc","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":"6986dda0-7c2c-4dab-a15b-91f677f56d53","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":"7b1ffa95-3737-4fb6-955a-fdb3a15fe53c","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":"ca8a6ebb-5fea-4039-adc4-989503567dbb","block_type":"box","text":"NAV based returns.","page_number":3,"box":{"x":506,"y":161,"width":115,"height":7}},{"id":"1c0f0259-cbd6-4d16-8209-2c28d5337b66","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":"b36e90f3-f38f-4171-bb37-f68c38845b26","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":"422b162d-f492-4a07-878f-ce13b232a786","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":195,"width":255,"height":8}},{"id":"38864782-c1cf-4297-b519-e8b2eba042b8","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":"26c19e41-c4e2-4d4d-8390-7cd60a0d6824","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":"4ac732a9-da23-4e39-8a09-6d86d2c1460b","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":"6ae586fd-4c8f-4cba-89e5-8ed9a5d6d83d","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":"8e704891-3dbf-4934-b656-4ff21f3d250e","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":"20e1bfd5-4788-4c7c-89ed-4e5d2db4df6e","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":"3dc57209-2d7b-48b4-ac88-650887d0235c","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":"bb658a1b-8762-48b8-bbb7-4560da4f4bc3","block_type":"box","text":"contribute to differences in performance outcomes.","page_number":3,"box":{"x":506,"y":281,"width":316,"height":9}},{"id":"db8eaa63-2175-4768-b07b-739659d7cecc","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":"0db6a448-0ab1-4628-8909-9ea765364fdf","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":304,"width":132,"height":7}},{"id":"acd48a76-b92c-482d-8fb5-0b944aa07854","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":308,"width":4,"height":1}},{"id":"6dd2c001-52a5-4dcc-bae5-e6d284ceafa9","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":304,"width":240,"height":9}},{"id":"12387bc4-f198-4642-9878-00c4c3790c69","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":"aaaf392e-3b24-4d24-b80b-ed21d65e1017","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":343,"width":395,"height":9}},{"id":"84dc289c-a2ee-4f23-a52f-830c61e10008","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":"af42c1b9-3f78-4412-ae2b-5cdb06ec141b","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":"eedac513-9b50-4999-8b5e-995389049a8c","block_type":"box","text":"Co. and its affiliates worldwide).","page_number":3,"box":{"x":506,"y":375,"width":186,"height":9}},{"id":"78d0df19-ac60-4129-9ad8-3664438d027f","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":"16cb5c83-db28-4214-b88a-49718bd5063e","block_type":"box","text":"©","page_number":3,"box":{"x":506,"y":396,"width":9,"height":7}},{"id":"fd4fdce5-fc38-4c00-b7de-f719cde8ccab","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":"fea22c0b-bd04-4358-9752-1b9f5351ec16","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":"1ee1d6b2-f0ec-4e9d-9bbd-62a2b868a10f","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":"8a4f5d16-2695-4ed3-af48-6be2c6bc2699","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":"ccd4aef1-2754-4b64-b3b2-f16954d51e6d","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":"ed7e0e14-e3fc-431b-970f-57101d698aea","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":"2a4a3020-d871-44c4-80f3-33e4d01c164e","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":"26724007-1b94-4fcc-aa35-ea9da702b380","block_type":"box","text":"completeness or accuracy. The Index is used with permission. 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