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JPMorgan Funds – Global Equity Absolute Alpha Fund
C (perf)(acc) - USD: LU3133822141 For other available share classes, please check the prospectus.
Unlock alpha globally through long and short exposure The Global Equity Absolute Alpha Fund provides exposure to our best long and short stock insights globally, powered by our deep global equity research. Our liquid and transparent long/short strategy blends long and short positions to maximise alpha generation, aiming to deliver consistent risk adjusted returns with a low correlation to equity and bond markets. Expertise • Managed by a stable team of experienced portfolio managers who also manage our successful JPMorgan Funds – Europe Equity Absolute Alpha Fund, which has a Sharpe ratio of just over 1, using the same underlying process.
Backtested results suggest the fund can offer low correlation returns to traditional asset classes Correlation Matrix: 31 January 2001 – 31 December 2024
Fund Global equities Global bonds
Equity hedge strategies
Market Neutral hedged strategies Fund 1.00
Global equities 0.06 1.00
Global bonds -0.06 0.36 1.00 Equity hedge strategies 0.22 0.79 0.24 1.00 Market Neutral hedged strategies 0.31 0.11 0.01 0.28 1.00
Portfolio • Identifies long and short investment opportunities from across the global universe based on the best insights from our global equity research. • Seeks to unlock alpha by targeting attractively valued, high-quality companies with improving fundamentals, while shorting expensive, low-quality stocks with deteriorating outlooks. Results • Total return focused global equity long/short strategy driven by alpha, not beta, which aims to deliver consistent, risk-adjusted returns with a low correlation to broader markets.
Source: J.P. Morgan Asset Management. Sharpe ratio as of 31.10.25. In the correlation matrix, the following indices are used for each category - Global equities (MSCI World Index), Global bonds (Bloomberg GlobalAgg), Equity hedge strategies (HFRX Equity Hedge Index), Market Neutral hedged strategies (HFRX Market Neutral). The figures refer to simulated past performance. Past performance is not a reliable indicator of current and future results.
MARKETING COMMUNICATION FUND STORY | 2026
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION
Turning insights into action We screen the investment universe using data driven insights, portfolio manager insights and fundamental research insights so that we can evaluate the quality, valuation and outlook for every stock that we cover. For long positions, the portfolio managers seek attractively valued, high-quality stocks with improving fundamentals. For short positions they target expensive, low-quality stock with deteriorating fundamentals. The aim is to maintain a diversified long/short portfolio across markets, sectors and market caps.
The power of long and short Our dynamic long/short global equity strategy allows us to seek alpha in up and down markets, unconstrained by traditional long-only portfolios. With over two decades of experience managing long/short equity strategies, our specialist investment team brings extensive absolute return expertise to the portfolio, balancing deep stock insights with robust risk controls to target consistent, risk-adjusted returns for investors.
Our investment process can identify long and short opportunities in the Global universe Annual returns to our investment process Stock performance has followed our analysts’ views, expressed as quintile rankings based on forecasted long-term returns—from most attractive (Q1) to least attractive (Q5).
Q1 Q2 Q3 Q4 Q5
Annual active return
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
Source: J.P. Morgan Asset Management. Data from June 1997 – December 2024. Annualised excess return by quintile relative to equal weighted Global Developed Universe, monthly rebalancing, gross excess, zero transaction costs. Past performance is not a reliable indicator of current and future results.
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 years. The risk of the product may be significantly higher if held for less than the recommended 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 Derivatives Hedging Short positions
Securities Equities REITs Smaller companies ▼ Other associated risks Further risks the Sub-Fund is exposed to from its use of the techniques and securities above Currency 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 • Performance comparison • Performance fee calculation The Sub-Fund is actively managed without reference or constraints relative to its benchmark
Fund Story | 2026 | JPMorgan Funds – Global Equity Absolute Alpha Fund Page 2 of 2
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY - NOT FOR RETAIL USE OR DISTRIBUTION
For Professional Clients / Qualified Investors only – not for Retail use or distribution. 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 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, there can be no assurance that the investment objectives of the investment products 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 . As the product may not be authorised or its offering may be restricted in your jurisdiction, it is the responsibility of every reader to satisfy himself as to the full observance of the laws and regulations of the relevant jurisdiction. 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. Shares or other interests may not be offered to, or purchased, directly or indirectly by US persons. All transactions should be based on the latest available Prospectus, the Key Information Document (KID) and any applicable local offering document. These documents together with the annual report, semi-annual report, the articles of incorporation and sustainability-related disclosures for the Luxembourg domiciled products are available in English upon request from JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg, your financial adviser, your J.P. Morgan Asset Management regional contact or at https://am.jpmorgan.com . A summary of investor rights is available in English at https://am.jpmorgan.com/lu/investor-rights . J.P. Morgan Asset Management may decide to terminate the arrangements made for the marketing of its collective investment undertakings. In Switzerland, JPMorgan Asset Management Switzerland LLC (JPMAMS), Dreikönigstrasse 37, 8002 Zurich, acts as Swiss representative of the funds and J.P. Morgan (Suisse) SA, Rue du Rhône 35, 1204 Geneva, as paying agent. With respect to its distribution activities in and from Switzerland, JPMAMS receives remuneration which is paid out of the management fee as defined in the respective fund documentation. Further information regarding this remuneration, including its calculation method, may be obtained upon written request from JPMAMS. This communication is issued in Europe (excluding UK) by JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg, R.C.S. Luxembourg B27900, corporate capital EUR 10.000.000. This communication is issued in the UK by JPMorgan Asset Management (UK) Limited, which is authorised and regulated by the Financial Conduct Authority. Registered in England No. 01161446. Registered address: 25 Bank Street, Canary Wharf, London E14 5JP. For UK only: Sustainability-related terms in this communication follow J.P Morgan Asset Management’s methodologies and application of the EU Sustainable Finance Disclosure Regulation, not the UK Sustainability Disclosure Requirements and investment labels regime. The product is authorised overseas, but not in the UK. The UK Financial Ombudsman Service is unlikely to be able to consider any related complaints and any claims for losses are unlikely to be covered under the UK compensation scheme. LV–JPM57868 | 05/26 | 1d0ef078-b0b6-11f0-84ab-098723200472
Portfolio management team Ben Stapley, CFA Portfolio Manager • 23 years of industry experience, all at J.P. Morgan
Nicholas Horne, CFA Portfolio Manager • 19 years of industry experience, all at J.P. Morgan
Matt Jones Portfolio Manager • 11 years of industry experience, all at J.P. Morgan
Shivani Sharma Portfolio Manager • 5 years of industry experience, all at J.P Morgan
Source: J.P. Morgan Asset Management, as at 31 October 2025.
Interactive factsheet Scan or click on the QR code for the latest fund data.
Investment objective To achieve a total return through long and short investments in global companies while maintaining low market exposure, by investing in such companies directly or through the use of derivatives.
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