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JPMorgan International Unconstrained Equity Fund - R2 (IUERX)

JPMorgan International Unconstrained Equity Fund - R2 (IUERX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks to provide long-term capital appreciation

Strategy/Investment process

  • The Fund primarily invests in equity securities of foreign companies, including those in emerging markets.
  • The Fund is "unconstrained" by any particular capitalization, style or sector and may invest in any foreign country.
  • The Fund will seek to invest in a diversified group of sectors and foreign countries.
Performance basics
  Annualized returns (as of 3/31/2014)
  1 Year 3 Year 5 Year Incept
at NAV 11.79% N/A N/A 15.16%
MSCI All Country World Index, ex-U.S. (net of foreign withholding taxes) 12.31% N/A N/A 13.31%
MSCI EAFE Index (net of foreign withholding taxes) 17.56% N/A N/A 16.78%
Lipper International Multi-Cap Core Funds Index 17.01% N/A N/A 16.28%

Performance Inception Date:11/30/11

The performance quoted is past performance and is not a guarantee of future results. Mutual funds are subject to certain market risks. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end, please call 1-800-480-4111.

Benchmark since inception returns are as of month-end. The performance quoted is past performance and is not a guarantee of future results.

Annual operating expenses (%)
Expense cap expiration date 02/28/2015
Expense cap 1.57%
Total annual operating expenses 8.01%
Fee waivers and/or expense reimbursements 6.44%
Net expenses 1.57%

Net Expenses,Fee waivers and/or expense reimbursements
The Investment Advisor, Administrator and Distributor (the "Service Providers") have contractually agreed to waive fees and/or reimburse expenses to the extent that Total Annual Operating Expenses (excluding Acquired Fund Fees and Expenses, dividend expenses relating to short sales, interest, taxes, expenses related to litigation and potential litigation, extraordinary expenses and expenses related to the Board of Trustees' deferred compensation plan) exceed the expense cap of the average daily net assets through the expense cap expiration date. This contract continues through that date, at which time the Service Providers will determine whether or not to renew or revise it.

Minimum investments
Minimum investments Minimum subsequent investments
Regular No Minimum. Regular No Minimum.
IRA No Minimum. IRA No Minimum.
Daily stats (as of 4/17/2014)
NAV YTD
$18.77 -2.95%
$0.04 | 0.21%  
 
NAV as of:
  • Tue
    Mar 11
    2014
    $18.87
     
  • Wed
    Mar 12
    2014
    $18.78
     
  • Thu
    Mar 13
    2014
    $18.48
     
  • Fri
    Mar 14
    2014
    $18.37
     
  • Mon
    Mar 17
    2014
    $18.63
     
  • Tue
    Mar 18
    2014
    $18.77
     
  • Wed
    Mar 19
    2014
    $18.46
     
  • Thu
    Mar 20
    2014
    $18.44
     
  • Fri
    Mar 21
    2014
    $18.35
     
  • Mon
    Mar 24
    2014
    $18.36
     
  • Tue
    Mar 25
    2014
    $18.57
     
  • Wed
    Mar 26
    2014
    $18.63
     
  • Thu
    Mar 27
    2014
    $18.68
     
  • Fri
    Mar 28
    2014
    $18.77
     
  • Mon
    Mar 31
    2014
    $18.91
     
  • Tue
    Apr 01
    2014
    $19.10
     
  • Wed
    Apr 02
    2014
    $19.16
     
  • Thu
    Apr 03
    2014
    $19.07
     
  • Fri
    Apr 04
    2014
    $18.97
     
  • Mon
    Apr 07
    2014
    $18.80
     
  • Tue
    Apr 08
    2014
    $18.83
     
  • Wed
    Apr 09
    2014
    $19.08
     
  • Thu
    Apr 10
    2014
    $18.71
     
  • Fri
    Apr 11
    2014
    $18.51
     
  • Mon
    Apr 14
    2014
    $18.60
     
  • Tue
    Apr 15
    2014
    $18.52
     
  • Wed
    Apr 16
    2014
    $18.73
     
  • Thu
    Apr 17
    2014
    $18.77
     
 
52 Week High $20.81
(10/22/2013)
52 Week Low $17.28
(6/24/2013)
YTD Total Return w/Load N/A
Net Asset Class $69,003.55
Net Asset Fund $4,411,260.39

N/A: Not available at this time

Basics
Ticker IUERX
CUSIP 48121L155
Share Class Inception Date 11/30/2011
Fund Number 2409
Asset Class International Equity
Cut-off time1 4:00 P.M.

The price of equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. These price movements may result from factors affecting individual companies, sectors or industries selected for the Fund's portfolio or the securities market as a whole, such as changes in economic or political conditions. Equity securities are subject to "stock market risk," meaning that stock prices in general (or in particular, the prices of the types of securities in which a fund invests) may decline over short or extended periods of time. When the value of a Fund's securities goes down, an investment in a Fund decreases in value.

International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. The risks associated with foreign securities are magnified in countries in "emerging markets." These countries may have relatively unstable governments and less-established market economies than developed countries. Emerging markets may face greater social, economic, regulatory and political uncertainties. These risks make emerging market securities more volatile and less liquid than securities issued in more developed countries.

The Fund may invest in derivatives that may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions and could result in losses that significantly exceed the Fund's original investment. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

1Please refer to the prospectus for additional information about cut-off times.

The MSCI All Country World Index, ex-U.S. (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. An individual cannot invest directly in an index.

The MSCI EAFE (Europe, Australia, Far East) Index (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. The dividend is reinvested after deduction of withholding tax, applying the maximum rate to nonresident individual investors who do not benefit from double taxation treaties. An individual cannot invest directly in an index.

The performance of the Lipper International Multi-Cap Core Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees for certain periods since the inception date. If fees had not been waived, performance would have been less favorable.

©2014, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.