JIMAX : JPMorgan Inflation Managed Bond Fund Class A Shares

Fund Summary

The investment seeks to maximize inflation protected total return. The fund is designed to protect the total return generated by its core fixed income holdings from inflation risk. It normally invests at least 80% of its net assets plus the amount of borrowings for investment purposes in bonds. The fund seeks to hedge this risk by using swaps that are based on the Non-Seasonally Adjusted CPI-U in combination with its core portfolio of fixed income securities. This strategy is intended to create the equivalent of a portfolio of inflation-protected fixed income securities. The fund may purchase other investments including actual inflation-protected securities.