SCHEDULE B 

JPMORGAN FUNDS

COMBINED AMENDED AND RESTATED DISTRIBUTION PLAN 

(Amended as of February 19, 2009) 


Money Market Funds 


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan 100% U.S. Treasury Securities Money Market Fund

	
 

	
JPMorgan 100% U.S. Treasury Securities Money Market Fund

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
JPMorgan California Municipal Money Market Fund

	
 

	
JPMorgan California Tax Free Money Market Fund

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
E*TRADE

	
 

	
0.60%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
JPMorgan Federal Money Market Fund

	
 

	
JPMorgan Federal Money Market Fund

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Reserve

	
 

	
0.25%

	
 


	
JPMorgan Liquid Assets Money Market Fund

	
 

	
One Group Prime Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
 

	
 

	
 

	
 

	
E*TRADE

	
 

	
0.60%

	
 


	
JPMorgan Michigan Municipal Money Market Fund

	
 

	
One Group Michigan Municipal Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
JPMorgan Municipal Money Market Fund

	
 

	
One Group Municipal Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
 

	
 

	
 

	
 

	
E*TRADE

	
 

	
0.60%

	
 


	
JPMorgan New York Municipal Money Market Fund

	
 

	
JPMorgan New York Tax Free Money Market Fund

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
E*TRADE

	
 

	
0.60%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
JPMorgan Prime Money Market Fund

	
 

	
JPMorgan Prime Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Cash
 Management

	
 

	
0.50%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 1






	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

 (annual rate expressed as a

 percentage of the average daily net

 assets of each Class of Shares)

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Ohio Municipal Money Market Fund

	
 

	
One Group Ohio Municipal Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
JPMorgan Tax Free Money Market Fund

	
 

	
JPMorgan Tax Free Money Market Fund

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Reserve

	
 

	
0.25%

	
 


	
JPMorgan U.S. Government Money Market Fund

	
 

	
One Group Government Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 


	
JPMorgan U.S. Treasury Plus Money Market Fund

	
 

	
One Group U.S. Treasury Securities Money Market Fund

	
 

	
Reserve

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Morgan

	
 

	
0.10%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Service

	
 

	
0.60%

	
 





Equity Funds 


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
Highbridge Statistical Market Neutral Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Asia Equity Fund

	
 

	
JPMorgan Fleming Asia Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Capital Growth Fund

	
 

	
JPMorgan Capital Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan China Region Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Disciplined Equity Fund

	
 

	
JPMorgan Disciplined Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Diversified Fund

	
 

	
JPMorgan Diversified Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Diversified Mid Cap Growth Fund (to be renamed
 JPMorgan Mid Cap Growth Fund as of 6/24/09 or such later date that the merger
 with JPMorgan Capital Growth Fund is implemented)

	
 

	
One Group Mid Cap Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 





B - 2






	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Diversified Mid Cap Value Fund

	
 

	
One Group Mid Cap Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Dynamic Growth Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Dynamic Small Cap Growth Fund

	
 

	
JPMorgan Dynamic Small Cap Fund (name effective until
6/29/07)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Emerging Economies Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Emerging Markets Equity Fund

	
 

	
JPMorgan Fleming Emerging Markets Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Equity Income Fund

	
 

	
One Group Equity Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Equity Index Fund

	
 

	
One Group Equity Index Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Global Focus Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Growth and Income Fund

	
 

	
JPMorgan Growth and Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan India Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Equity Fund

	
 

	
JPMorgan Fleming International Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan International Equity Index Fund

	
 

	
One Group International Equity Index Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan International Markets Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Opportunities Fund

	
 

	
JPMorgan Fleming International Opportunities Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 





B - 3







	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Opportunities Plus Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Small Cap Equity Fund

	
 

	
JPMorgan Fleming International Small Cap Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
JPMorgan International Realty Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Value Fund

	
 

	
JPMorgan Fleming International Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Intrepid America Fund

	
 

	
JPMorgan Intrepid America Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Intrepid Multi Cap Fund

	
 

	
JPMorgan Intrepid Investor Fund and JPMorgan Intrepid Contrarian Fund
 (name effective until 4/10/06)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid European Fund

	
 

	
JPMorgan Fleming Intrepid European Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid Growth Fund

	
 

	
JPMorgan Intrepid Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Intrepid Plus Fund

	
 

	
JPMorgan Intrepid Long/Short Fund (name effective until
11/1/07)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid Mid Cap Fund

	
 

	
One Group Diversified Mid Cap Fund & JPMorgan Diversified Mid Cap
 Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid Value Fund

	
 

	
JPMorgan Intrepid Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Investor Balanced Fund

	
 

	
One Group Investor Balanced Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Investor Conservative Growth Fund

	
 

	
One Group Investor Conservative Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 





B - 4







	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Investor Growth Fund

	
 

	
One Group Investor Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Investor Growth & Income Fund

	
 

	
One Group Investor Growth & Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid Japan Fund

	
 

	
JPMorgan Fleming Japan Fund and JPMorgan Japan Fund (name effective
 until 3/31/08)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Large Cap Growth Fund

	
 

	
One Group Large Cap Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Large Cap Value Fund

	
 

	
One Group Large Cap Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Latin America Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Market Expansion Index Fund

	
 

	
One Group Market Expansion Index Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Market Neutral Fund

	
 

	
JPMorgan Market Neutral Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
JPMorgan Mid Cap Equity Fund

	
 

	
JPMorgan Mid Cap Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Growth Advantage Fund

	
 

	
JPMorgan Mid Cap Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Mid Cap Value Fund

	
 

	
JPMorgan Mid Cap Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Multi-Cap Market Neutral Fund

	
 

	
One Group Market Neutral Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 5







	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Russia Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Small Cap Equity Fund

	
 

	
JPMorgan Small Cap Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Small Cap Growth Fund

	
 

	
One Group Small Cap Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Small Cap Value Fund

	
 

	
One Group Small Cap Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement Income Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2010 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2015 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2020 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2025 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2030 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2035 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2040 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 6







	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares) 

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2045 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan SmartRetirement 2050 Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Strategic Preservation Fund

	
 

	
JPMorgan Global Strategic Preservation Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Strategic Small Cap Value Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intrepid International Fund

	
 

	
JPMorgan Fleming Tax Aware International Opportunities Fund and
 JPMorgan Tax Aware International Opportunities Fund (this name change
 effective 12/15/2005)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Tax Aware U.S. Equity Fund

	
 

	
JPMorgan Tax Aware U.S. Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan U.S. Equity Fund

	
 

	
JPMorgan U.S. Equity Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan U.S. Large Cap Core Plus Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan U.S. Large Cap Value Plus Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan U.S. Real Estate Fund

	
 

	
One Group Real Estate Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan U.S. Small Company Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Value Advantage Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Value Discovery Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
Undiscovered Managers Behavioral Growth Fund

	
 

	
Undiscovered Managers Behavioral Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 





B - 7







	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

(annual rate expressed as a

percentage of the average daily net

assets of each Class of Shares)

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Investor

	
 

	
0.35%1

	
 


	
Undiscovered Managers Behavioral Value Fund

	
 

	
Undiscovered Managers Behavioral Value Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Realty Income Fund

	
 

	
Undiscovered Managers REIT Fund (name change effective 12/31/05)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
Undiscovered Managers Small Cap Growth Fund

	
 

	
UM Small Cap Growth Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 








	
 


	 





1 This
amount represents the combined amount that may be paid by the Investor Shares
of the Fund under the Distribution Plan and the Shareholder Servicing
Agreement. 


B - 8






Fixed Income Funds 


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

 (annual rate expressed as a

 percentage of the average daily net

 assets of each Class of Shares)

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Arizona Municipal Bond Fund

	
 

	
One Group Arizona Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Bond Fund

	
 

	
JPMorgan Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Core Bond Fund

	
 

	
One Group Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Core Plus Bond Fund

	
 

	
One Group Income Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan California Tax Free Bond Fund

	
 

	
JPMorgan California Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Emerging Markets Debt Fund

	
 

	
JPMorgan Fleming Emerging Markets Debt Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Strategic Income Fund (to be removed upon liquidation on or
 about 2/24/09)

	
 

	
JPMorgan Global Strategic Income Fund (name effective until
6/16/06)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Government Bond Fund

	
 

	
One Group Government Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan High Yield Bond Fund (to be renamed
 JPMorgan High Yield Fund as of the later of 9/1/09 or 60 days after
 shareholders are notified of the name change)

	
 

	
One Group High Yield Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 R2

	
 

	
0.50%

	
 


	
JPMorgan Income Builder Fund

	
 

	
JPMorgan World Income Builder Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Intermediate Bond Fund

	
 

	
One Group Intermediate Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 9






	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

 (annual rate expressed as a

 percentage of the average daily net

 assets of each Class of Shares)

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Intermediate Tax Free Bond Fund

	
 

	
JPMorgan Intermediate Tax Free Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan International Currency Income Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Kentucky Municipal Bond Fund

	
 

	
One Group Kentucky Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Louisiana Municipal Bond Fund

	
 

	
One Group Louisiana Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Michigan Municipal Bond Fund

	
 

	
One Group Michigan Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Mortgage-Backed Securities Fund

	
 

	
One Group Mortgage-Backed Securities Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Municipal Income Fund

	
 

	
One Group Municipal Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan New York Tax Free Bond Fund

	
 

	
JPMorgan New York Intermediate Tax Free Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Ohio Municipal Bond Fund

	
 

	
One Group Ohio Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Real Return Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Short Duration Bond Fund

	
 

	
One Group Short-Term Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Short Term Bond Fund

	
 

	
JPMorgan Short Term Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Short Term Bond Fund II

	
 

	
JPMorgan Short Term Bond Fund II

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 M

	
 

	
0.35%

	
 


	
JPMorgan Short Term Municipal Bond Fund (to be renamed
 JPMorgan Short-Intermediate Municipal Bond Fund as of the later of 4/20/09 or
 60 days after shareholders are notified of the name change)

	
 

	
One Group Short-Term Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Strategic Income Opportunities Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 10






	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
Current
 Name

	
 

	
Former
 Name

	
 

	
Share Class

	
 

	
Distribution Fee

 (annual rate expressed as a

 percentage of the average daily net

 assets of each Class of Shares)

	
 


	 

	
 

	 

	
 

	 

	
 

	 

	
 


	
JPMorgan Tax Aware Enhanced Income Fund

	
 

	
JPMorgan Tax Aware Enhanced Income Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
JPMorgan Tax Aware High Income Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Tax Aware Real Return Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Tax Free Bond Fund

	
 

	
One Group Tax-Free Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Total Return Fund

	
 

	
N/A

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Treasury & Agency Fund

	
 

	
One Group Treasury & Agency Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan Ultra Short Duration Bond Fund

	
 

	
One Group Ultra Short-Term Bond Fund and JPMorgan Ultra Short Term
 Bond Fund (name effective until 7/1/06)

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 


	
JPMorgan West Virginia Municipal Bond Fund

	
 

	
One Group West Virginia Municipal Bond Fund

	
 

	
Class
 A

	
 

	
0.25%

	
 


	
 

	
 

	
 

	
 

	
Class
 B

	
 

	
0.75%

	
 


	
 

	
 

	
 

	
 

	
Class
 C

	
 

	
0.75%

	
 





B - 11