EX-99.N 18F-3 PLAN 90 exn1xii_mcplanamend20190624.htm

 Ex. 99.28(n)(1)(xii)


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, a fund merger, and fund name changes for certain funds, as outlined below, effective June 24, 2019 (collectively, the “Fund Changes”):

 

New Funds

 

1) JNL/AQR Large Cap Defensive Style Fund;
2) JNL/BlackRock Advantage International Fund;
3) JNL/DFA International Core Equity Fund;
4) JNL/RAFI® Fundamental U.S. Small Cap Fund; and
5) JNL/RAFI® Multi-Factor U.S. Equity Fund.

 

Fund Merger

 

1) JNL/Mellon Capital 10 x 10 Fund to merge into the JNL/Mellon Capital Index 5 Fund.

 

Fund Name Changes

 

1) JNL/AB Dynamic Asset Allocation Fund change to JNL/JPMorgan Global Allocation Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
2) JNL/Franklin Templeton Founding Strategy Fund change to JNL/Franklin Templeton Growth Allocation Fund (in connection with an investment sub-adviser appointment, as approved by the Board);
3) JNL/Goldman Sachs Core Plus Bond Fund change to JNL/Fidelity Institutional Asset Management® Total Bond Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
4) JNL/Mellon Capital European 30 Fund change to JNL/RAFI® Fundamental Europe Fund;
5) JNL/Mellon Capital Pacific Rim 30 Fund change to JNL/RAFI® Fundamental Asia Developed Fund;
6) JNL/Mellon Capital Index 5 Fund change to JNL/Mellon Index 5 Fund;
7) JNL/Mellon Capital Bond Index Fund change to JNL/Mellon Bond Index Fund;
8) JNL/Mellon Capital Emerging Markets Index Fund change to JNL/Mellon Emerging Markets Index Fund;
9) JNL/Mellon Capital MSCI KLD 400 Social Index Fund change to JNL/Mellon MSCI KLD 400 Social Index Fund;
10) JNL/Mellon Capital International Index Fund change to JNL/Mellon International Index Fund;
11) JNL/Mellon Capital S&P 500 Index Fund change to JNL/Mellon S&P 500 Index Fund;
12) JNL/Mellon Capital S&P 400 MidCap Index Fund change to JNL/Mellon S&P 400 MidCap Index Fund;
13) JNL/Mellon Capital Small Cap Index Fund change to JNL/Mellon Small Cap Index Fund;
14) JNL/Mellon Capital Utilities Sector Fund change to JNL/Mellon Utilities Sector Fund;
15) JNL/Mellon Capital S&P 1500 Growth Index Fund change to JNL/Mellon S&P 1500 Growth Index Fund;
16) JNL/Mellon Capital S&P 1500 Value Index Fund change to JNL/Mellon S&P 1500 Value Index Fund;
17) JNL/Mellon Capital Consumer Staples Sector Fund change to JNL/Mellon Consumer Staples Sector Fund;
18) JNL/Mellon Capital Materials Sector Fund change to JNL/Mellon Materials Sector Fund;
19) JNL/Mellon Capital Industrials Sector Fund change to JNL/Mellon Industrials Sector Fund; and
20) JNL/Mellon Capital Real Estate Sector Fund change to JNL/Mellon Real Estate Sector 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 June 24, 2019, to update the list of funds to add the new funds, to remove the merged fund, 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 June 24, 2019, 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 June 24, 2019.

 

  JNL Series Trust
     
  By: /s/ Kristen K. Leeman
  Name: Kristen K. Leeman
  Title: Assistant Secretary

- 2 -

 

Schedule A

Dated June 24, 2019

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/American Funds Growth Allocation Fund

Class A

Class I

 

JNL/American Funds Moderate Growth Allocation Fund

Class A

Class I

 

JNL/AQR Large Cap Defensive Style Fund

Class A

Class I

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund

Class A

Class I

 

JNL/AQR Managed Futures Strategy Fund

Class A

Class I

 

JNL/BlackRock Advantage International Fund

Class A

Class I

A-1

 
 
Fund Class

 

JNL/BlackRock Global Allocation Fund

Class A

Class I

 

JNL/BlackRock Global Natural Resources Fund

Class A

Class I

 

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 International Core Equity 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/Fidelity Institutional Asset Management® Total Bond 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 Growth Allocation 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 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

A-2

 
 
Fund Class

 

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

 

JNL/Invesco International Growth Fund

Class A

Class I

 

JNL/Invesco Small Cap Growth Fund

Class A

Class I

 

JNL/JPMorgan Global Allocation 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 Bond Index Fund

Class A

Class I

 

JNL/Mellon Consumer Staples Sector Fund

Class A

Class I

 

JNL/Mellon Emerging Markets Index Fund

Class A

Class I

 

JNL/Mellon Index 5 Fund

Class A

Class I

 

JNL/Mellon Industrials Sector Fund

Class A

Class I

 

JNL/Mellon International Index Fund

Class A

Class I

 

JNL/Mellon Materials Sector Fund

Class A

Class I

 

JNL/Mellon MSCI KLD 400 Social Index Fund

Class A

Class I

 

JNL/Mellon Real Estate Sector Fund

Class A

Class I

 

JNL/Mellon S&P 400 MidCap Index Fund

Class A

Class I

 

JNL/Mellon S&P 500 Index Fund

Class A

Class I

 

JNL S&P 500 Index Fund

 

Class I

 

JNL/Mellon S&P 1500 Growth Index Fund

Class A

Class I

 

JNL/Mellon S&P 1500 Value Index Fund

Class A

Class I

 

JNL/Mellon Small Cap Index Fund

Class A

Class I

 

JNL/Mellon Utilities Sector Fund

Class A

Class I

A-3

 
 
Fund Class

 

JNL/Morningstar Wide Moat Index Fund

Class A

Class I

 

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/RAFI® Fundamental Asia Developed Fund

Class A

Class I

 

JNL/RAFI® Fundamental Europe Fund

Class A

Class I

 

JNL/RAFI® Fundamental U.S. Small Cap Fund

Class A

Class I

 

JNL/RAFI® Multi-Factor U.S. 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

A-4

 
 
Fund Class

 

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

 

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

 

JNL/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