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The risk","page_number":3,"box":{"x":506,"y":115,"width":422,"height":9}},{"id":"0df6d8e2-9bd9-444e-8139-9fad8004e5f6","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":506,"y":126,"width":378,"height":9}},{"id":"e785e52f-1aa2-4c93-822e-36edb0b66766","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":506,"y":136,"width":420,"height":9}},{"id":"a92607ea-b748-47fe-acda-8f3a59d7ca57","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":506,"y":147,"width":192,"height":9}},{"id":"af6899e4-c576-47b2-b241-c91dd060ef14","block_type":"box","text":"-","page_number":3,"box":{"x":699,"y":151,"width":3,"height":1}},{"id":"b0a1076b-2b4b-4058-b4ab-2cbfb7234ed4","block_type":"box","text":"free investment. See the Key","page_number":3,"box":{"x":704,"y":147,"width":173,"height":9}},{"id":"be17f455-e616-474c-b06c-95680815b43d","block_type":"box","text":"Investor Information Document (KIID) for details.","page_number":3,"box":{"x":506,"y":158,"width":291,"height":8}},{"id":"7160c0bd-d818-4057-a3bd-2b8a6b8b823e","block_type":"box","text":"The possible difference between the current ongoing charge as","page_number":3,"box":{"x":505,"y":170,"width":388,"height":9}},{"id":"0a9ef0fd-51f0-43fa-99a4-ad224fbb78f5","block_type":"box","text":"stated in this document and those mentioned in the KIID, is caused","page_number":3,"box":{"x":506,"y":181,"width":412,"height":8}},{"id":"21b439a0-0ce1-491a-8ecf-b5aa4d4feb81","block_type":"box","text":"by the fact that the costs mentioned in the KIID are an estimate","page_number":3,"box":{"x":506,"y":191,"width":385,"height":9}},{"id":"2237d4d1-18ef-4acf-ab30-75264cbfbbbd","block_type":"box","text":"based on the actual costs incurred over the past year.","page_number":3,"box":{"x":506,"y":202,"width":327,"height":9}},{"id":"0ecaa9f7-aaf9-4bb2-aae4-c3a9828a3fea","block_type":"box","text":"Source: J.P. Morgan Asset Management. Share class performance is","page_number":3,"box":{"x":506,"y":236,"width":412,"height":8}},{"id":"b7553a57-cc56-4b42-8955-1deca4702710","block_type":"box","text":"shown based on the NAV (net asset value) of the share class with","page_number":3,"box":{"x":506,"y":246,"width":398,"height":9}},{"id":"c36f7c32-4a77-44fb-a961-f2304be88936","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":506,"y":257,"width":369,"height":9}},{"id":"b2e6e91d-11ea-4ac4-a61c-57a3d3bbce43","block_type":"box","text":"excluding any entry and exit fees. Performance is shown based on","page_number":3,"box":{"x":506,"y":267,"width":401,"height":9}},{"id":"49c75ee0-5ee7-4d1e-a503-2c5d99136ba8","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":278,"width":405,"height":9}},{"id":"709b9063-4902-400e-9139-9d3ab643007d","block_type":"box","text":"Individual shareholders may realise returns that are different to the","page_number":3,"box":{"x":506,"y":288,"width":408,"height":9}},{"id":"39a164ce-e55a-49fe-9bfb-0c46423f9c91","block_type":"box","text":"NAV based returns.","page_number":3,"box":{"x":506,"y":299,"width":115,"height":7}},{"id":"c6bc1c54-eff9-4f50-a4e4-e16193fb55c0","block_type":"box","text":"The return of your investment may change as a result of currency","page_number":3,"box":{"x":505,"y":312,"width":402,"height":8}},{"id":"c8cdf62d-33b3-4d4a-930c-96a08f6f0baa","block_type":"box","text":"fluctuations if your investment is made in a currency other than that","page_number":3,"box":{"x":505,"y":322,"width":421,"height":9}},{"id":"b91c0592-0413-4c53-9505-5a9bcd571709","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":333,"width":255,"height":8}},{"id":"2fef55c9-6105-40ee-aa5f-92589b908500","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":506,"y":345,"width":403,"height":9}},{"id":"c6b58d4e-1902-4012-87d4-2400130ea73a","block_type":"box","text":"invest in them.Investors should note that the benchmark data","page_number":3,"box":{"x":506,"y":356,"width":381,"height":7}},{"id":"d8bbae32-bf9e-4045-9cc4-8901b034028d","block_type":"box","text":"presented is expressed in the fund's base currency, which may be","page_number":3,"box":{"x":506,"y":367,"width":403,"height":8}},{"id":"918f3ce6-61b3-4499-843f-b4ab96e37d4f","block_type":"box","text":"different from the currency in which the share class performance","page_number":3,"box":{"x":506,"y":377,"width":400,"height":9}},{"id":"cdc8e3e4-1554-42be-8860-d72962d5d29e","block_type":"box","text":"data is presented. Investors should exercise caution when","page_number":3,"box":{"x":506,"y":388,"width":355,"height":8}},{"id":"94d16ac0-4432-4099-9c78-3d5723bbb814","block_type":"box","text":"comparing the benchmark data with share class performance data","page_number":3,"box":{"x":506,"y":398,"width":408,"height":9}},{"id":"4c8c5ba6-5986-4c41-be54-700295f6bde8","block_type":"box","text":"that are in different currencies, as currency fluctuations can","page_number":3,"box":{"x":505,"y":409,"width":373,"height":8}},{"id":"1fe23f11-fb5b-4924-a158-733f5683f9ba","block_type":"box","text":"contribute to differences in performance outcomes.","page_number":3,"box":{"x":506,"y":419,"width":316,"height":9}},{"id":"6f47316b-0c68-4248-8d9c-a9cf6e72331f","block_type":"box","text":"The benchmark is for comparative purposes only unless specifically","page_number":3,"box":{"x":505,"y":432,"width":414,"height":9}},{"id":"8ced2212-7c47-4145-8207-974e6695a52b","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":442,"width":132,"height":7}},{"id":"7b800775-c2fe-4eee-a644-260b319f7ea1","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":447,"width":4,"height":0}},{"id":"4d35005f-dd76-4dff-aa20-40ecb5f8cdd0","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":442,"width":240,"height":9}},{"id":"2608fbf3-7118-41a8-a358-853ebbe150bc","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":469,"width":395,"height":9}},{"id":"46800358-3000-46ad-96e3-f675707e3543","block_type":"box","text":"data, is provided by J.P. 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