EX-99.N 18F-3 PLAN 27 exn1ix_mcplan04242017.htm
EX 99.28(n)(1)(ix)
 
Amendment to
JNL Series Trust Multiple Class Plan
 
 
This Amendment is made by JNL Series Trust, a Massachusetts business trust (the “Trust”), to its Multiple Class Plan (the “Plan”).

Whereas, the Plan was adopted on April 29, 2013, and as amended on September 16, 2013, April 28, 2014, September 15, 2014, April 27, 2015, September 28, 2015, April 25, 2016, and September 19, 2016 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 following new funds, investment sub-adviser replacements, fund conversion and name changes, and fund merger have been approved by the Board of Trustees of the Trust (collectively, “Fund Changes”), effective April 24, 2017:

New Funds:

1)
JNL/Mellon Capital MSCI KLD 400 Social Index Fund;

2)
JNL/DFA Growth Allocation Fund;

3)
JNL/DFA Moderate Allocation Fund;

Investment Sub-Adviser Replacements:

4)
Massachusetts Financial Services Company (d/b/a MFS Investment Management) will replace Goldman Sachs Asset Management, L.P. as investment sub-adviser to the JNL/Goldman Sachs Mid Cap Value Fund, which will subsequently be renamed the JNL/MFS Mid Cap Value Fund;

5)
AQR Capital Management, LLC will replace Goldman Sachs Asset Management, L.P. as investment sub-adviser to the JNL/Goldman Sachs U.S. Equity Flex Fund, which will subsequently be renamed the JNL/AQR Large Cap Relaxed Constraint Equity Fund;

Fund Conversion and Name Changes:

6)
the JNL/Franklin Templeton Global Growth Fund will be re-named the JNL/Franklin Templeton Global Fund;

7)
the JNL/Capital Guardian Global Balanced Fund will convert to a master feeder structure, with a corresponding fund name change to the JNL/American Funds Balanced Fund;

8)
the JNL/WMC Money Market Fund will be re-named the JNL/WMC Government Money Market Fund; and

Fund Merger:

9)
the JNL/Morgan Stanley Mid Cap Growth Fund will merge into the JNL/T. Rowe Price Mid-Cap Growth Fund.

Whereas, pursuant to the approval of the Fund Changes, as outlined above, the Trust has agreed to amend Schedule A of the Plan, effective April 24, 2017, to:

1)
add the JNL/Mellon Capital MSCI KLD 400 Social Index Fund, the JNL/DFA Growth Allocation Fund, and the JNL/DFA Moderate Allocation Fund;

2)
remove the JNL/Morgan Stanley Mid Cap Growth Fund; and

3)
change the names of the following funds:

-
JNL/Goldman Sachs Mid Cap Value Fund to JNL/MFS Mid Cap Value Fund;
-
JNL/Goldman Sachs U.S. Equity Flex Fund to JNL/AQR Large Cap Relaxed Constraint Equity Fund;
-
JNL/Franklin Templeton Global Growth Fund to JNL/Franklin Templeton Global Fund;
-
JNL/Capital Guardian Global Balanced Fund to JNL/American Funds Balanced Fund; and
-
JNL/WMC Money Market Fund to JNL/WMC Government Money Market Fund.

Now Therefore, the Trust hereby amends the Plan as follows:

Schedule A to the Plan is hereby deleted and replaced in its entirety with Schedule A dated April 24, 2017, attached hereto.

In Witness Whereof, the Trust has caused this Amendment to be executed, effective April 24, 2017.

 
JNL Series Trust
     
 
By:
/s/ Kristen K. Leeman
 
Name:
Kristen K. Leeman
 
Title:
Assistant Secretary
- 2 -
Schedule A
Dated April 24, 2017
Investment Portfolios
 
 
Fund
 
 
Class
 
 
JNL/American Funds Balanced Fund
Class A
Class B
 
JNL/American Funds Balanced Allocation Fund
Class A
Class B
 
JNL/American Funds Blue Chip Income and Growth Fund
Class A
Class B
 
JNL/American Funds Global Bond Fund
Class A
Class B
 
JNL/American Funds Global Small Capitalization Fund
Class A
Class B
 
JNL/American Funds Growth Allocation Fund
Class A
Class B
 
JNL/American Funds Growth-Income Fund
Class A
Class B
 
JNL/American Funds International Fund
Class A
Class B
 
JNL/American Funds New World Fund
Class A
Class B
 
JNL Multi-Manager Alternative Fund
Class A
 
JNL Multi-Manager Mid Cap Fund
Class A
 
JNL Multi-Manager Small Cap Growth Fund
Class A
Class B
 
JNL Multi-Manager Small Cap Value Fund
Class A
Class B
 
JNL Institutional Alt 20 Fund

Class A
 
JNL Institutional Alt 35 Fund

Class A
 
JNL Institutional Alt 50 Fund

Class A
 
JNL Alt 65 Fund

Class A
 
JNL/AB Dynamic Asset Allocation Fund
Class A
Class B
 
JNL/AQR Large Cape Relaxed Constraint Equity Fund
Class A
Class B
 
JNL/AQR Managed Futures Strategy Fund
Class A
Class B
 
JNL/BlackRock Natural Resources Fund
Class A
Class B
 
JNL/BlackRock Global Allocation Fund
Class A
Class B
 
JNL/BlackRock Large Cap Select Growth Fund
Class A
Class B
 
A-1
 
Fund
 
Class
 
 
JNL/Boston Partners Global Long Short Equity Fund
Class A
Class B
 
JNL/Brookfield Global Infrastructure and MLP Fund
Class A
Class B
 
JNL/Causeway International Value Select Fund
Class A
Class B
 
JNL/Crescent High Income Fund
Class A
Class B
 
JNL/DFA Growth Allocation Fund

Class A
 
JNL/DFA Moderate Allocation Fund
Class A
 
JNL/DFA U.S. Core Equity Fund
Class A
Class B
 
JNL/DoubleLine® Emerging Markets Fixed Income Fund
Class A
Class B
 
JNL/DoubleLine® Shiller Enhanced CAPE® Fund
Class A
Class B
 
JNL/FPA + DoubleLine Flexible Allocation Fund
Class A
Class B
 
JNL/Franklin Templeton Founding Strategy Fund
Class A
 
JNL/Franklin Templeton Global Fund
Class A
Class B
 
JNL/Franklin Templeton Global Multisector Bond Fund
Class A
Class B
 
JNL/Franklin Templeton Income Fund
Class A
Class B
 
JNL/Franklin Templeton International Small Cap Growth Fund
Class A
Class B
 
JNL/Franklin Templeton Mutual Shares Fund
Class A
Class B
 
JNL/Goldman Sachs Core Plus Bond Fund
Class A
Class B
 
JNL/Goldman Sachs Emerging Markets Debt Fund
Class A
Class B
 
JNL/Harris Oakmark Global Equity Fund
Class A
Class B
 
JNL/Invesco China-India Fund
Class A
Class B
 
JNL/Invesco Global Real Estate Fund
Class A
Class B
 
JNL/Invesco International Growth Fund
Class A
Class B
 
JNL/Invesco Mid Cap Value Fund
Class A
Class B
 
JNL/Invesco Small Cap Growth Fund
Class A
Class B
 
JNL/JPMorgan MidCap Growth Fund
Class A
Class B
 
JNL/JPMorgan U.S. Government & Quality Bond Fund
Class A
Class B
 
JNL/Lazard Emerging Markets Fund
Class A
Class B
 
A-2
 
Fund
 
 Class
 
 
JNL/Mellon Capital 10 x 10 Fund
Class A
 
JNL/Mellon Capital Index 5 Fund
Class A
 
JNL/Mellon Capital Emerging Markets Index Fund
Class A
Class B
 
JNL/Mellon Capital European 30 Fund
Class A
Class B
 
JNL/Mellon Capital MSCI KLD 400 Social Index Fund
Class A
 
JNL/Mellon Capital Pacific Rim 30 Fund
Class A
Class B
 
JNL/Mellon Capital S&P 500 Index Fund
Class A
Class B
 
JNL/Mellon Capital S&P 400 MidCap Index Fund
Class A
Class B
 
JNL/Mellon Capital Small Cap Index Fund
Class A
Class B
 
JNL/Mellon Capital International Index Fund
Class A
Class B
 
JNL/Mellon Capital Bond Index Fund
Class A
Class B
 
JNL/Mellon Capital Utilities Sector Fund
Class A
Class B
 
JNL/MFS Mid Cap Value Fund
Class A
Class B
 
JNL/MMRS Conservative Fund
Class A
 
JNL/MMRS Growth Fund
Class A
 
JNL/MMRS Moderate Fund
Class A
 
JNL/Neuberger Berman Strategic Income Fund
Class A
Class B
 
JNL/Oppenheimer Emerging Markets Innovator Fund
Class A
Class B
 
JNL/Oppenheimer Global Growth Fund
Class A
Class B
 
JNL/PIMCO Real Return Fund
Class A
Class B
 
JNL/PIMCO Total Return Bond Fund
Class A
Class B
 
JNL/PPM America Floating Rate Income Fund
Class A
Class B
 
JNL/PPM America High Yield Bond Fund
Class A
Class B
 
JNL/PPM America Mid Cap Value Fund
Class A
Class B
 
JNL/PPM America Small Cap Value Fund
Class A
Class B
 
JNL/PPM America Total Return Fund
Class A
Class B
 
JNL/PPM America Value Equity Fund
Class A
Class B
 
A-3
 
Fund
 
 
 Class
 
 
JNL/Red Rocks Listed Private Equity Fund
Class A
Class B
 
JNL/Scout Unconstrained Bond Fund
Class A
Class B
 
JNL/T. Rowe Price Established Growth Fund
Class A
Class B
 
JNL/T. Rowe Price Mid-Cap Growth Fund
Class A
Class B
 
JNL/T. Rowe Price Short-Term Bond Fund
Class A
Class B
 
JNL/T. Rowe Price Value Fund
Class A
Class B
 
JNL/Westchester Capital Event Driven Fund
Class A
Class B
 
JNL/WMC Balanced Fund
Class A
Class B
 
JNL/WMC Government Money Market Fund
Class A
Class B
 
JNL/WMC Value Fund
Class A
Class B
 
JNL/S&P Competitive Advantage Fund
Class A
Class B
 
JNL/S&P Dividend Income & Growth Fund
Class A
Class B
 
JNL/S&P Intrinsic Value Fund
Class A
Class B
 
JNL/S&P Total Yield Fund
Class A
Class B
 
JNL/S&P Mid 3 Fund
Class A
Class B
 
JNL/S&P International 5 Fund
 
Class A
 
JNL/S&P 4 Fund
 
Class A
 
JNL/S&P Managed Aggressive Growth Fund
 
Class A
 
JNL/S&P Managed Conservative Fund
 
Class A
 
JNL/S&P Managed Growth Fund
 
Class A
 
JNL/S&P Managed Moderate Fund
 
Class A
 
JNL/S&P Managed Moderate Growth Fund
Class A
 
JNL Disciplined Growth Fund
Class A
 
JNL Disciplined Moderate Fund
Class A
 
JNL Disciplined Moderate Growth Fund
Class A

 
A-4