JPMorgan U.S. Equity Fund Class I

This fund aims to generate substantial total returns primarily by investing in a carefully selected portfolio of equity securities. Under typical market conditions, at least 80% of its total capital (which includes both net assets and any borrowed funds used for investment) will be allocated to common stocks of U.S.-based companies. While the strategy mainly focuses on large and medium market capitalization U.S. firms, the fund is permitted to invest up to 20% of its assets in common shares of international companies, including those held as depositary receipts.