EX-99.N 18F-3 PLAN 45 exn1xi_mcpamend08132018.htm
EX. 99.28(n)(1)(xi)
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 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”) has approved new funds, fund mergers, and fund name changes for certain funds, as outlined below, effective August 13, 2018 (collectively, the “Fund Changes”):

New Funds

1) JNL Multi-Manager International Small Cap Fund;
2) JNL/American Funds Capital Income Builder Fund;
3) JNL/Heitman U.S. Focused Real Estate Fund;
4) JNL/JPMorgan Hedged Equity Fund;
5) JNL/Loomis Sayles Global Growth Fund; and
6) JNL/Morningstar Wide Moat Index Fund.

Fund Mergers

1) JNL/Invesco Mid Cap Value Fund to merge into the JNL/MFS Mid Cap Value Fund;
2) JNL/MMRS Conservative Fund to merge into the JNL/MMRS Moderate Fund; and
3) JNL/MMRS Growth Fund to merge into the JNL/MMRS Moderate Fund.

Fund Name Changes

1) JNL/MMRS Moderate Fund change to JNL/T. Rowe Price Managed Volatility Balanced Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
2) JNL/Brookfield Global Infrastructure and MLP Fund change to JNL/First State Global Infrastructure Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
3) JNL/Franklin Templeton International Small Cap Growth Fund change to JNL/Franklin Templeton International Small Cap Fund;
4) JNL/Vanguard Moderate Allocation Fund change to JNL/Vanguard Moderate ETF Allocation Fund;
5) JNL/Vanguard Moderate Growth Allocation Fund change to JNL/Vanguard Moderate Growth ETF Allocation Fund; and
6) JNL/Vanguard Growth Allocation Fund change to JNL/Vanguard Growth ETF Allocation Fund.

Whereas, pursuant to Board approval of the Fund Changes, as outlined above, the Trust has agreed to amend the Schedule A of the Plan, effective August 13, 2018, to update the list of funds to add the new 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.
 
 
JNL 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/American Funds Balanced Fund
Class A
Class I
 
JNL/American Funds Blue Chip Income and Growth Fund
Class A
Class I
 
JNL/American Funds Capital Income Builder Fund
Class A
Class I
 
JNL/American Funds Global Bond Fund
Class A
Class I
 
JNL/American Funds Global Small Capitalization Fund
Class A
Class I
 
JNL/American Funds Growth-Income Fund
Class A
Class I
 
JNL/American Funds International Fund
Class A
Class I
 
JNL/American Funds New World Fund
Class A
Class I
 
JNL Aggressive Growth Allocation Fund
Class A
Class I
 
JNL Growth Allocation Fund
Class A
Class I
 
JNL Moderate Growth Allocation Fund
Class A
Class I
 
JNL Institutional Alt 25 Fund
Class A
Class I
 
JNL Institutional Alt 50 Fund
Class A
Class I
 
JNL Multi-Manager Alternative Fund
Class A
Class I
 
JNL Multi-Manager International Small Cap Fund
Class A
Class I
 
JNL Multi-Manager Mid Cap Fund
Class A
Class I
 
JNL Multi-Manager Small Cap Growth Fund
Class A
Class I
 
JNL Multi-Manager Small Cap Value Fund
Class A
Class I
 
JNL/AB Dynamic Asset Allocation Fund
Class A
Class I
 
JNL/American Funds Growth Allocation Fund
Class A
Class I
 
JNL/American Funds Moderate Growth Allocation Fund
Class A
Class I
 
JNL/AQR Large Cape Relaxed Constraint Equity Fund
Class A
Class I
 
JNL/AQR Managed Futures Strategy Fund
Class A
Class I
 
JNL/BlackRock Global Allocation Fund
Class A
Class I
 
JNL/BlackRock Global Natural Resources Fund
Class A
Class I
 

A-1
 
 
 
Fund
 
 
Class
 
 
JNL/BlackRock Large Cap Select Growth Fund
Class A
Class I
 
JNL/Boston Partners Global Long Short Equity Fund
Class A
Class I
 
JNL/Causeway International Value Select Fund
Class A
Class I
 
JNL/ClearBridge Large Cap Growth Fund
Class A
Class I
 
JNL/Crescent High Income Fund
Class A
Class I
 
JNL/DFA Growth Allocation Fund
Class A
Class I
 
JNL/DFA Moderate Growth Allocation Fund
Class A
Class I
 
JNL/DFA U.S. Core Equity Fund
Class A
Class I
 
JNL/DoubleLine® Core Fixed Income Fund
Class A
Class I
 
JNL/DoubleLine® Emerging Markets Fixed Income Fund
Class A
Class I
 
JNL/DoubleLine® Shiller Enhanced CAPE® Fund
Class A
Class I
 
JNL/First State Global Infrastructure Fund
Class A
Class I
 
JNL/FPA + DoubleLine Flexible Allocation Fund
Class A
Class I
 
JNL/Franklin Templeton Founding Strategy Fund
Class A
Class I
 
JNL/Franklin Templeton Global Fund
Class A
Class I
 
JNL/Franklin Templeton Global Multisector Bond Fund
Class A
Class I
 
JNL/Franklin Templeton Income Fund
Class A
Class I
 
JNL/Franklin Templeton International Small Cap Fund
Class A
Class I
 
JNL/Franklin Templeton Mutual Shares Fund
Class A
Class I
 
JNL/Goldman Sachs Core Plus Bond Fund
Class A
Class I
 
JNL/Goldman Sachs Emerging Markets Debt Fund
Class A
Class I
 
JNL/GQG Emerging Markets Equity Fund
Class A
Class I
 
JNL/Harris Oakmark Global Equity Fund
Class A
Class I
 
JNL/Heitman U.S. Focused Real Estate Fund
Class A
Class I
 
JNL/Invesco China-India Fund
Class A
Class I
 
JNL/Invesco Diversified Dividend Fund
Class A
Class I
 
JNL/Invesco Global Real Estate Fund
Class A
Class I

 
A-2
 
 
 
Fund
 
 
Class
 
 
JNL/Invesco International Growth Fund
Class A
Class I
 
JNL/Invesco Small Cap Growth Fund
Class A
Class I
 
JNL/JPMorgan Hedged Equity Fund
Class A
Class I
 
JNL/JPMorgan MidCap Growth Fund
Class A
Class I
 
JNL/JPMorgan U.S. Government & Quality Bond Fund
Class A
Class I
 
JNL/Lazard Emerging Markets Fund
Class A
Class I
 
JNL/Loomis Sayles Global Growth Fund
Class A
Class I
 
JNL/Mellon Capital 10 x 10 Fund
Class A
Class I
 
JNL/Mellon Capital Bond Index Fund
Class A
Class I
 
JNL/Mellon Capital Consumer Staples Sector Fund
Class A
Class I
 
JNL/Mellon Capital Emerging Markets Index Fund
Class A
Class I
 
JNL/Mellon Capital European 30 Fund
Class A
Class I
 
JNL/Mellon Capital Index 5 Fund
Class A
Class I
 
JNL/Mellon Capital Industrials Sector Fund
Class A
Class I
 
JNL/Mellon Capital International Index Fund
Class A
Class I
 
JNL/Mellon Capital Materials Sector Fund
Class A
Class I
 
JNL/Mellon Capital MSCI KLD 400 Social Index Fund
Class A
Class I
 
JNL/Mellon Capital Pacific Rim 30 Fund
Class A
Class I
 
JNL/Mellon Capital Real Estate Sector Fund
Class A
Class I
 
JNL/Mellon Capital S&P 400 MidCap Index Fund
Class A
Class I
 
JNL/Mellon Capital S&P 500 Index Fund
Class A
Class I
 
JNL S&P 500 Index Fund
Class I
 
JNL/Mellon Capital S&P 1500 Growth Index Fund
Class A
Class I
 
JNL/Mellon Capital S&P 1500 Value Index Fund
Class A
Class I
 
JNL/Mellon Capital Small Cap Index Fund
Class A
Class I
 
JNL/Mellon Capital Utilities Sector Fund
Class A
Class I
 
JNL/Morningstar Wide Moat Index Fund
Class A
Class I
 
 
A-3
 
 
Fund
 
 
Class
 
 
JNL/MFS Mid Cap Value Fund
Class A
Class I
 
JNL/Neuberger Berman Strategic Income Fund
Class A
Class I
 
JNL/Oppenheimer Emerging Markets Innovator Fund
Class A
Class I
 
JNL/Oppenheimer Global Growth Fund
Class A
Class I
 
JNL/PIMCO Income Fund
Class A
Class I
 
JNL/PIMCO Real Return Fund
Class A
Class I
 
JNL/PPM America Floating Rate Income Fund
Class A
Class I
 
JNL/PPM America High Yield Bond Fund
Class A
Class I
 
JNL/PPM America Mid Cap Value Fund
Class A
Class I
 
JNL/PPM America Small Cap Value Fund
Class A
Class I
 
JNL/PPM America Total Return Fund
Class A
Class I
 
JNL/PPM America Value Equity Fund
Class A
Class I
 
JNL/Scout Unconstrained Bond Fund
Class A
Class I
 
JNL/T. Rowe Price Established Growth Fund
Class A
Class I
 
JNL/T. Rowe Price Managed Volatility Balanced Fund
Class A
Class I
 
JNL/T. Rowe Price Mid-Cap Growth Fund
Class A
Class I
 
JNL/T. Rowe Price Short-Term Bond Fund
Class A
Class I
 
JNL/T. Rowe Price Value Fund
Class A
Class I
 
JNL/Westchester Capital Event Driven Fund
Class A
Class I
 
JNL/WMC Balanced Fund
Class A
Class I
 
JNL/WMC Government Money Market Fund
Class A
Class I
 
JNL/WMC Value Fund
Class A
Class I
 
JNL/S&P 4 Fund
Class A
Class I
 
JNL/S&P Competitive Advantage Fund
Class A
Class I
 
JNL/S&P Dividend Income & Growth Fund
Class A
Class I
 
JNL/S&P International 5 Fund
Class A
Class I
 
JNL/S&P Intrinsic Value Fund
Class A
Class I
 
 
A-4
 
 
Fund
 
 
Class
 
 
JNL/S&P Managed Aggressive Growth Fund
Class A
Class I
 
JNL/S&P Managed Conservative Fund
Class A
Class I
 
JNL/S&P Managed Growth Fund
Class A
Class I
 
JNL/S&P Managed Moderate Fund
Class A
Class I
 
JNL/S&P Managed Moderate Growth Fund
Class A
Class I
 
JNL/S&P Mid 3 Fund
Class A
Class I
 
JNL/S&P Total Yield Fund
Class A
Class I
 
JNL/Vanguard Capital Growth Fund
Class A
Class I
 
JNL/Vanguard Equity Income Fund
Class A
Class I
 
JNL/Vanguard Global Bond Market Index Fund
Class A
Class I
 
JNL/Vanguard Growth ETF Allocation Fund
Class A
Class I
 
NL/Vanguard International Fund
Class A
Class I
 
JNL/Vanguard International Stock Market Index Fund
Class A
Class I
 
JNL/Vanguard Moderate ETF Allocation Fund
Class A
Class I
 
JNL/Vanguard Moderate Growth ETF Allocation Fund
Class A
Class I
 
JNL/Vanguard Small Company Growth Fund
Class A
Class I
 
JNL/Vanguard U.S. Stock Market Index Fund
Class A
Class I
 

 
 
A-5