EX-99.E UNDR CONTR 20 exe1iii_disagmnt08132018.htm
EX. 99.28(e)(1)(iii)


Amendment to JNL Series Trust
Second Amended and Restated Distribution Agreement

This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”), and Jackson National Life Distributors LLC (“JNLD”), a broker-dealer registered with the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority.

Whereas, the Trust and JNLD (the “Parties”) entered into a Second Amended and Restated Distribution Agreement effective as of July 1, 2017, as amended (the “Agreement”), whereby the Trust appointed JNLD as distributor (the “Distributor”) of the shares of the separate funds (the “Funds”) set forth on Schedule A of the Agreement.

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 Parties have agreed to amend Schedule A of the Agreement, 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 herein contained, the Parties hereby agree to amend the Agreement as follows:

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

2)
Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.

3)
This Amendment may be executed in one or more counterparts, which together shall constitute one document.
 
In Witness Whereof, the Trust and the Distributor have caused this Amendment to be executed, effective August 13, 2018.

Attest:
  
JNL Series Trust
  
           
By:
/s/ Norma M. Mendez
  
By:
/s/ Kristen K. Leeman
  
 
Norma M. Mendez
  
Name:
Kristen K. Leeman
  
     
Title:
Assistant Secretary
  
       
Attest:
  
Jackson National Life Distributors LLC
  
           
By:
/s/ Christina Bortz
  
By:
/s/ Alison Reed
  
 
Christina Bortz
  
Name:
Alison Reed
  
     
Title:
EVP JNLD Operations
  
 
- 2 -
Schedule A
Dated August 13, 2018


Fund
Class
Maximum
12b-1 Fee1
 
JNL/American Funds Balanced Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Blue Chip Income and Growth Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Capital Income Builder Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Global Bond Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Global Small Capitalization Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Growth-Income Fund
Class A
Class I
0.30%
None
 
JNL/American Funds International Fund
Class A
Class I
0.30%
None
 
JNL/American Funds New World Fund
Class A
Class I
0.30%
None
 
JNL Aggressive Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL Moderate Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL Institutional Alt 25 Fund
Class A
Class I
0.30%
None
 
JNL Institutional Alt 50 Fund
Class A
Class I
0.30%
None
 
JNL Multi-Manager Alternative Fund
Class A
Class I
0.30%
None
 
JNL Multi-Manager International Small Cap Fund
Class A
Class I
0.30%
None
 
JNL Multi-Manager Mid Cap Fund
Class A
Class I
0.30%
None
 
JNL Multi-Manager Small Cap Growth Fund
Class A
Class I
0.30%
None
 
JNL Multi-Manager Small Cap Value Fund
Class A
Class I
0.30%
None
 
JNL/AB Dynamic Asset Allocation Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL/American Funds Moderate Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL/AQR Large Cap Relaxed Constraint Equity Fund
Class A
Class I
0.30%
None
 
JNL/AQR Managed Futures Strategy Fund
Class A
Class I
0.30%
None
 
JNL/BlackRock Global Allocation Fund
Class A
Class I
0.30%
None
 
A-1
Fund
Class
Maximum
12b-1 Fee1
 
JNL/BlackRock Global Natural Resources Fund
Class A
Class I
0.30%
None
 
JNL/BlackRock Large Cap Select Growth Fund
Class A
Class I
0.30%
None
 
JNL/Boston Partners Global Long Short Equity Fund
Class A
Class I
0.30%
None
 
JNL/Causeway International Value Select Fund
Class A
Class I
0.30%
None
 
JNL/ClearBridge Large Cap Growth Fund
Class A
Class I
0.30%
None
 
JNL/Crescent High Income Fund
Class A
Class I
0.30%
None
 
JNL/DFA Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL/DFA Moderate Growth Allocation Fund
Class A
Class I
0.30%
None
 
JNL/DFA U.S. Core Equity Fund
Class A
Class I
0.30%
None
 
JNL/DoubleLine® Core Fixed Income Fund
Class A
Class I
0.30%
None
 
JNL/DoubleLine® Emerging Markets Fixed Income Fund
Class A
Class I
0.30%
None
 
JNL/DoubleLine® Shiller Enhanced CAPE® Fund
Class A
Class I
0.30%
None
 
JNL/First State Global Infrastructure Fund
Class A
Class I
0.30%
None
 
JNL/FPA + DoubleLine® Flexible Allocation Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton Founding Strategy Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton Global Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton Global Multisector Bond Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton Income Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton International Small Cap Fund
Class A
Class I
0.30%
None
 
JNL/Franklin Templeton Mutual Shares Fund
Class A
Class I
0.30%
None
 
JNL/Goldman Sachs Core Plus Bond Fund
Class A
Class I
0.30%
None
 
JNL/Goldman Sachs Emerging Markets Debt Fund
Class A
Class I
0.30%
None
 
JNL/GQG Emerging Markets Equity Fund
Class A
Class I
0.30%
None
 
JNL/Harris Oakmark Global Equity Fund
Class A
Class I
0.30%
None
 
JNL/Heitman U.S. Focused Real Estate Fund
Class A
Class I
0.30%
None
 
A-2
Fund
Class
Maximum
12b-1 Fee1
 
JNL/Invesco China-India Fund
Class A
Class I
0.30%
None
 
JNL/Invesco Diversified Dividend Fund;
Class A
Class I
0.30%
None
 
JNL/Invesco Global Real Estate Fund
Class A
Class I
0.30%
None
 
JNL/Invesco International Growth Fund
Class A
Class I
0.30%
None
 
JNL/Invesco Small Cap Growth Fund
Class A
Class I
0.30%
None
 
JNL/JPMorgan Hedged Equity Fund
Class A
Class I
0.30%
None
 
JNL/JPMorgan MidCap Growth Fund
Class A
Class I
0.30%
None
 
JNL/JPMorgan U.S. Government & Quality Bond Fund
Class A
Class I
0.30%
None
 
JNL/Lazard Emerging Markets Fund
Class A
Class I
0.30%
None
 
JNL/Loomis Sayles Global Growth Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital 10 x 10 Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Bond Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Consumer Staples Sector Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Emerging Markets Index Fund
Class A
Class I
0.30%
None

JNL/Mellon Capital European 30 Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Index 5 Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Industrials Sector Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital International Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Materials Sector Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital MSCI KLD 400 Social Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Pacific Rim 30 Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Real Estate Sector Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital S&P 400 MidCap Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital S&P 500 Index Fund
Class A
Class I
0.30%
None
 
JNL S&P 500 Index Fund
 
Class I
 
None
 
A-3
Fund
Class
Maximum
12b-1 Fee1
 
JNL/Mellon Capital S&P 1500 Growth Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital S&P 1500 Value Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Small Cap Index Fund
Class A
Class I
0.30%
None
 
JNL/Mellon Capital Utilities Sector Fund
Class A
Class I
0.30%
None
 
JNL/Morningstar Wide Moat Index Fund
Class A
Class I
0.30%
None
 
JNL/MFS Mid Cap Value Fund
Class A
Class I
0.30%
None
 
JNL/Neuberger Berman Strategic Income Fund
Class A
Class I
0.30%
None
 
JNL/Oppenheimer Emerging Markets Innovator Fund
Class A
Class I
0.30%
None
 
JNL/Oppenheimer Global Growth Fund
Class A
Class I
0.30%
None
 
JNL/PIMCO Income Fund
Class A
Class I
0.30%
None
 
JNL/PIMCO Real Return Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Floating Rate Income Fund
Class A
Class I
0.30%
None
 
JNL/PPM America High Yield Bond Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Mid Cap Value Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Small Cap Value Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Total Return Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Value Equity Fund
Class A
Class I
0.30%
None
 
JNL/Scout Unconstrained Bond Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Established Growth Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Managed Volatility Balanced Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Mid-Cap Growth Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Short-Term Bond Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Value Fund
Class A
Class I
0.30%
None
 
JNL/Westchester Capital Event Driven Fund
Class A
Class I
0.30%
None
 
JNL/WMC Balanced Fund
Class A
Class I
0.30%
None
 
A-4
 
Fund
Class
Maximum
12b-1 Fee1
 
JNL/WMC Government Money Market Fund
Class A
Class I
0.30%
None
 
JNL/WMC Value Fund
Class A
Class I
0.30%
None
 
JNL/S&P 4 Fund
Class A
Class I
0.30%
None
 
JNL/S&P Competitive Advantage Fund
Class A
Class I
0.30%
None
 
JNL/S&P Dividend Income & Growth Fund
Class A
Class I
0.30%
None
 
JNL/S&P International 5 Fund
Class A
Class I
0.30%
None
 
JNL/S&P Intrinsic Value Fund
Class A
Class I
0.30%
None
 
JNL/S&P Managed Aggressive Growth Fund
Class A
Class I
0.30%
None
 
JNL/S&P Managed Conservative Fund
Class A
Class I
0.30%
None
 
JNL/S&P Managed Growth Fund
Class A
Class I
0.30%
None
 
JNL/S&P Managed Moderate Fund
Class A
Class I
0.30%
None
 
JNL/S&P Managed Moderate Growth Fund
Class A
Class I
0.30%
None
 
JNL/S&P Mid 3 Fund
Class A
Class I
0.30%
None
 
JNL/S&P Total Yield Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Capital Growth Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Equity Income Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Global Bond Market Index Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Growth ETF Allocation Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard International Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard International Stock Market Index Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Moderate ETF Allocation Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Moderate Growth ETF Allocation Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard Small Company Growth Fund
Class A
Class I
0.30%
None
 
JNL/Vanguard U.S. Stock Market Index Fund
Class A
Class I
0.30%
None
 
1 As a percentage of the average daily net assets attributable to the specified class of shares.
 
 
 
 
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