# EDGAR Filing Document

**Accession Number:** 0001724826
**File Stem:** 0001193125-25-181407
**Filing Date:** 2025-8
**Character Count:** 8369
**Document Hash:** 2e6c0f770a5692d373dbee05b973ce98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-181407.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001193125-25-181407

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Six Circles Trust
- **CENTRAL INDEX KEY:** 0001724826

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-225588
- **FILM NUMBER:** 251222854

**BUSINESS ADDRESS:**
- **STREET 1:** C/O J.P. MORGAN PRIVATE INVESTMENTS INC.
- **STREET 2:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179
- **BUSINESS PHONE:** 212-270-6000

**MAIL ADDRESS:**
- **STREET 1:** C/O J.P. MORGAN PRIVATE INVESTMENTS INC.
- **STREET 2:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 23Wall Trust
- **DATE OF NAME CHANGE:** 20171208

## Series and Classes Contracts Data

### Six Circles Multi-Strategy Fund (Series ID: S000086732)

---

|  |  |
|:---|:---|
| Class Name                      | Class ID   |
| Six Circles Multi-Strategy Fund | C000252360 |

---

## Series and Classes Contracts Data

### Six Circles Multi-Strategy Fund (Series ID: S000086732)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000252360 | Six Circles Multi-Strategy Fund |  |

**SIX CIRCLES FUNDS** 

**Six Circles Multi-Strategy Fund** 

*(a series of Six Circles Trust)* 

**Supplement dated August 15, 2025** 

**to the Prospectus dated May 1, 2025, as amended** 

*Effective immediately, Otto Van Hemert will no longer be a portfolio manager for the Six Circles Multi-Strategy Fund (the "Fund") and Giuliana Bordigoni will be added as a portfolio manager for the Fund. As a result, the portfolio manager information for AHL Partners LLP ("AHL"), for the Fund in the "Risk/Return Summary — Management — Sub-Advisers" section of the Prospectus is hereby deleted in its entirety and replaced with the following:* 

**AHL** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Portfolio Manager** | **Managed the<br>Fund Since** | **Primary Title with**<br> **Sub-Adviser** |
| &nbsp;&nbsp;&nbsp;Russell Korgaonkar | Inception | Chief Investment Officer |
| &nbsp;&nbsp;&nbsp;Giuliana Bordigoni | 2025 | Director of Alpha Research |

---

*In addition, "The Funds' Management and Administration — The Portfolio Managers – Sub-Advisers – AHL – Portfolio Managers" section of the Prospectus is hereby deleted in its entirety and replaced by the following:* 

Russell Korgaonkar and Giuliana Bordigoni serve as portfolio managers to the Fund.

Russell Korgaonkar is the Chief Investment Officer of AHL. He has overall responsibility for investment and research at AHL. Mr. Korgaonkar is also a member of AHL's management and investment committees, a member of the firm's Systematic Steering Committee and a member of the Man Group Executive Committee. He was previously Director of Investment Strategies of AHL, responsible for AHL's Liquid Strategies unit, which creates and runs scalable systematic strategies, as well as the Institutional Solutions business. Mr. Korgaonkar joined the firm in 2001 as a researcher and later portfolio manager focused on systematic cash equity strategies, before becoming Head of Portfolio Management in 2011. Mr. Korgaonkar holds a BA/MA (First Class) in Physics from the University of Oxford.

Giuliana Bordigoni is Director of Alpha Research at AHL and a member of AHL's management and investment committees. She is also a member of the firm's Systematic Steering Committee. She has held several positions since joining AHL in 2007, including Director of Specialist Strategies, Head of Alternative Markets and Director of Fixed Income, where she has made significant contributions to AHL's managed futures and Evolution portfolios. Ms. Bordigoni holds a PhD in Mathematics and Applications from Politecnico of Milan and a Master of Advanced studies in Finance from ETH and University of Zurich.

**INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE** 

**PROSPECTUS FOR FUTURE REFERENCE** 

***J.P. Morgan is committed to making our products and services accessible to meet the financial services needs of all our clients. If you are a person with a disability and need additional support accessing this material, please contact your J.P. Morgan team or email us at accessibility.support@jpmorgan.com for assistance.***

------

**SIX CIRCLES FUNDS** 

**Six Circles Multi-Strategy Fund** 

*(a series of Six Circles Trust)* 

**Supplement dated August 15, 2025** 

**to the Statement of Additional Information** 

**dated May 1, 2025, as amended** 

*Effective immediately, the information for AHL Partners, LLC ("AHL") in the first table under the "Portfolio Managers — Portfolio Managers' Other Accounts Managed — Sub-Advisers and Sub-Sub-Advisers" section of Part I of the Statement of Additional Information is hereby deleted and replaced with the following:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** |
|  | **Registered Investment**<br>**Companies** | **Registered Investment**<br>**Companies** | **Other Pooled**<br>**Investment Vehicles** | **Other Pooled**<br>**Investment Vehicles** | **Other Accounts** | **Other Accounts** |
|  | **Number**<br>**of**<br>**Accounts** | **Total Assets**<br>**($ millions)** | **Number**<br>**of**<br>**Accounts** | **Total Assets**<br>**($ millions)** | **Number**<br>**of**<br>**Accounts** | **Total Assets**<br>**($ millions)** |
|  **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** |
|  **AHL** | **AHL** | **AHL** | **AHL** | **AHL** | **AHL** | **AHL** |
| &nbsp;&nbsp; Russell Korgaonkar\* | 4 | 2396 | 9 | 5243 | 3 | 774 |
| &nbsp;&nbsp; Giuliana Bordigoni\* | 0 | 0 | 1 | 372 | 1 | 538 |

---

\* As of June 30, 2025

*The information for AHL in the second table under the "Portfolio Managers — Portfolio Managers' Other Accounts Managed — Sub-Advisers and Sub-Sub-Advisers" section of Part I of the Statement of Additional Information is hereby deleted and replaced with the following:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** |
|  | **Registered Investment<br>Companies** | **Registered Investment<br>Companies** | **Other Pooled<br>Investment Vehicles** | **Other Pooled<br>Investment Vehicles** | **Other Accounts** | **Other Accounts** |
|  | **Number**<br>**of<br>Accounts** | **Total Assets**<br>**($ millions)** | **Number**<br>**of<br>Accounts** | **Total Assets**<br>**($ millions)** | **Number**<br>**of<br>Accounts** | **Total Assets**<br>**($ millions)** |
|  **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** | **Multi-Strategy Fund** |
|  **AHL** | **AHL** | **AHL** | **AHL** | **AHL** | **AHL** | **AHL** |
| &nbsp;&nbsp; Russell Korgaonkar\* | 0 | 0 | 17 | 5559 | 17 | 12543 |
| &nbsp;&nbsp; Giuliana Bordigoni\* | 0 | 0 | 5 | 8537 | 0 | 0 |

---

\* As of June 30, 2025

**INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE** 

**STATEMENT OF ADDITIONAL INFORMATION FOR FUTURE REFERENCE** 

***J.P. Morgan is committed to making our products and services accessible to meet the financial services needs of all our clients. If you are a person with a disability and need additional support accessing this material, please contact your J.P. Morgan team or email us at accessibility.support@jpmorgan.com for assistance.***