EX-99.N 18F-3 PLAN 25 exn1ii_mcplanamend08132018.htm
EX. 99.28(n)(1)(ii)




Amendment to Jackson Variable Series Trust Multiple Class Plan


This Amendment is made by Jackson Variable Series Trust, a Massachusetts business trust (the “Trust”), to its Multiple Class Plan (the “Plan”).

Whereas, the Plan was adopted on September 25, 2017, by the Trust with respect to each of the Trust’s investment portfolios (each a “Fund”) as shown on Schedule A to the Plan, in accordance with Rule 18f-3 under the Investment Company Act of 1940, as amended.

Whereas, the Board of Trustees of the Trust (the “Board”) approved the following fund mergers and fund name changes for certain funds, as outlined below, effective August 13, 2018 (collectively, the “Fund Changes”):

Fund Mergers

1) JNL Real Asset Fund to merge into the JNL/PIMCO Real Return Fund of JNL Series Trust; and
2) JNL Interest Rate Opportunities Fund to merge into the JNL Conservative Allocation Fund.

Fund Name Changes

1) JNL/PIMCO Credit Income Fund change to JNL/PIMCO Investment Grade Corporate Bond Fund;
2) JNL Tactical ETF Moderate Fund change to JNL iShares Tactical Moderate Fund;
3) JNL Tactical ETF Moderate Growth Fund change to JNL iShares Tactical Moderate Growth Fund; and
4) JNL Tactical ETF Growth Fund change to JNL iShares Tactical Growth Fund;

Whereas, pursuant to Board approval of the Fund Changes, as outlined above, the Trust has agreed to amend Schedule A of the Plan, effective August 13, 2018, to update the list of funds to remove the merged funds, and to update the fund names.

Now Therefore, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the Trust agrees to amend the Plan as follows:

1)
Schedule A to the Plan is hereby deleted and replaced in its entirety with Schedule A, dated August 13, 2018, attached hereto.

2)
Except as specifically amended hereby, the Plan shall remain in full force and effect in accordance with its terms.

In Witness Whereof, the Trust has caused this Amendment to be executed and effective as of August 13, 2018.

 
Jackson Variable Series Trust
     
 
By:
/s/ Kristen K. Leeman
 
Name:
Kristen K. Leeman
 
Title:
Assistant Secretary
 
 
 
Schedule A
Dated August 13, 2018
Investment Portfolios


 
Fund
 
 
Class
 
JNL Conservative Allocation Fund
Class A
Class I
JNL Moderate Allocation Fund
Class A
Class I
JNL Institutional Alt 100 Fund
Class A
Class I
JNL iShares Tactical Moderate Fund
Class A
Class I
JNL iShares Tactical Moderate Growth Fund
Class A
Class I
JNL iShares Tactical Growth Fund
Class A
Class I
JNL/American Funds® Global Growth Fund
Class A
Class I
JNL/American Funds® Growth Fund
Class A
Class I
JNL/AQR Risk Parity Fund
Class A
Class I
JNL/BlackRock Global Long Short Credit Fund
Class A
Class I
JNL/DFA U.S. Small Cap Fund
Class A
Class I
JNL/DoubleLine® Total Return Fund
Class A
Class I
JNL/Eaton Vance Global Macro Absolute Return Advantage Fund
Class A
Class I
JNL/Epoch Global Shareholder Yield Fund
Class A
Class I
JNL/FAMCO Flex Core Covered Call Fund
Class A
Class I
JNL/Lazard International Strategic Equity Fund
Class A
Class I
JNL/Neuberger Berman Currency Fund
Class A
Class I
JNL/Neuberger Berman Risk Balanced Commodity Strategy Fund
Class A
Class I
JNL/Nicholas Convertible Arbitrage Fund
Class A
Class I
 
JNL/PIMCO Investment Grade Corporate Bond Fund
Class A
Class I
JNL/PPM America Long Short Credit Fund
Class A
Class I
JNL/T. Rowe Price Capital Appreciation Fund
Class A
Class I
JNL/The Boston Company Equity Income Fund
Class A
Class I
JNL/The London Company Focused U.S. Equity Fund
Class A
Class I
JNL/VanEck International Gold Fund
Class A
Class I
JNL/WCM Focused International Equity Fund
Class A
Class I

A-1