EX-99.M 12B-1 PLAN 29 exm1ii_ardistplanamend0917.htm
EX 99.28(m)(1)(ii)
Amendment to
 
Jackson Variable Series Trust

Amended and Restated Distribution Plan
 

This Amendment is made by the Jackson Variable Series Trust (formerly, Curian Variable Series Trust), a Massachusetts business trust (the “Trust”), to its Amended and Restated Distribution Plan dated July 1, 2017 (the “Plan”).

Whereas, the Plan was adopted by the Trust on behalf of the funds listed on Schedule A to the Plan, in accordance with Rule 12b-1 under the Investment Company Act of 1940, as amended.

Whereas, the Board of Trustees of the Trust (the “Board”) has approved the following changes (collectively, the “Changes”), effective September 25, 2017:

1)
An increase in the 12b-1 fee payable by each fund, for Class A, from 0.20% to 0.30%.

2)
The addition of Class I shares for all funds.

3)
The adoption of a 12b-1 fee for the following fund of funds for Class A shares:

 
JNAM Guidance – Interest Rate Opportunities Fund;
 
JNAM Guidance – Conservative Fund;
 
JNAM Guidance – Moderate Fund;
 
JNAM Guidance – Alt 100 Fund; and
 
JNAM Guidance – Real Assets Fund.

4)
Fund name changes for the following funds:

 
JNL/DFA U.S. Micro Cap Fund to the JNL/DFA U.S. Small Cap Fund;
 
JNAM Guidance – Alt 100 Fund to the JNL Institutional Alt 100 Fund;
 
JNAM Guidance – Interest Rate Opportunities Fund to the JNL Interest Rate Opportunities Fund;
 
JNAM Guidance – Real Assets Fund to the JNL Real Assets Fund;
 
JNAM Guidance – Conservative Fund to the JNL Conservative Allocation Fund;
 
JNAM Guidance – Moderate Fund to the JNL Moderate Allocation Fund;
 
JNL Tactical ETF Conservative Fund to the JNL Tactical ETF Moderate Fund;
 
JNL Tactical ETF Moderate Fund to the JNL Tactical ETF Moderate Growth Fund; and
 
JNL/Van Eck International Gold Fund to the JNL/VanEck International Gold Fund.

5)
Fund mergers for the following funds:

 
JNAM Guidance – Fixed Income 100 Fund into the
JNAM Guidance – Conservative Fund;
   
 
JNAM Guidance – Equity 100 Fund into the
JNL Disciplined Growth Fund of JNL Series Trust;
   
 
JNAM Guidance – Moderate Growth Fund into the
JNL Disciplined Moderate Fund of JNL Series Trust;
   
 
JNAM Guidance – Growth Fund into the
JNL Disciplined Moderate Growth Fund of JNL Series Trust; and
   
 
JNAM Guidance – Maximum Growth Fund into the
JNL Disciplined Growth Fund of JNL Series Trust.
 
Whereas, pursuant to the approval of the Changes, as outlined above, the Trust has agreed to amend Schedule A of the Plan, effective September 25, 2017, to:

1)
Update the 12b-1 fee payable by each fund, for Class A, from 0.20% to 0.30%.

2)
Add Class I references for all funds.

3)
Add Class A references for the fund of funds outlined above.

4)
Update the fund names for the fund name changes outlined above.

5)
Remove the following funds and each fund’s respective fees:

 
JNAM Guidance – Fixed Income 100 Fund;
 
JNAM Guidance – Equity 100 Fund;
 
JNAM Guidance – Moderate Growth Fund;
 
JNAM Guidance – Growth Fund; and
 
JNAM Guidance – Maximum Growth Fund.

 
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 September 25, 2017, 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 September 25, 2017.
 
 
Jackson Variable Series Trust
     
 
By:
/s/ Kelly L. Crosser
 
Name:
Kelly L. Crosser
 
Title:
Assistant Secretary
 
Page 2 of 2
Schedule A
Dated September 25, 2017
   
 
Fund
 
Class
 
Maximum
12b-1 Fee1
 
JNL Conservative Allocation Fund
Class A
Class I
0.30%
None
 
JNL Institutional Alt 100 Fund
Class A
Class I
0.30%
None
 
JNL Interest Rate Opportunities Fund
Class A
Class I
0.30%
None
 
JNL Moderate Allocation Fund
Class A
Class I
.30%
None
 
JNL Real Assets Fund
Class A
Class I
0.30%
None
 
JNL Tactical ETF Growth Fund
Class A
Class I
.30%
None
 
JNL Tactical ETF Moderate Fund
Class A
Class I
0.30%
None
 
JNL Tactical ETF Moderate Growth Fund
Class A
Class I
.30%
None
 
JNL/American Funds® Global Growth Fund
Class A
Class I
0.30%
None
 
JNL/American Funds® Growth Fund
Class A
Class I
0.30%
None
 
JNL/AQR Risk Parity Fund
Class A
Class I
0.30%
None
 
JNL/BlackRock Global Long Short Credit Fund
Class A
Class I
0.30%
None
 
JNL/DFA U.S. Small Cap Fund
Class A
Class I
0.30%
None
 
JNL/DoubleLine® Total Return Fund
Class A
Class I
0.30%
None
 
JNL/Eaton Vance Global Macro Absolute Return Advantage Fund
Class A
Class I
0.30%
None
 
JNL/Epoch Global Shareholder Yield Fund
Class A
Class I
0.30%
None
 
JNL/FAMCO Flex Core Covered Call Fund
Class A
Class I
0.30%
None
 
JNL/Lazard International Strategic Equity Fund
Class A
Class I
0.30%
None
 
JNL/Neuberger Berman Currency Fund
Class A
Class I
0.30%
None
 
JNL/Neuberger Berman Risk Balanced Commodity Strategy Fund
Class A
Class I
0.30%
None
 
JNL/Nicholas Convertible Arbitrage Fund
Class A
Class I
0.30%
None
 
JNL/PIMCO Credit Income Fund
Class A
Class I
0.30%
None
 
JNL/PPM America Long Short Credit Fund
Class A
Class I
0.30%
None
 
JNL/T. Rowe Price Capital Appreciation Fund
Class A
Class I
0.30%
None
 
A-1
Fund
Class 
 
Maximum
12b-1 Fee1 
 
JNL/The Boston Company Equity Income Fund
Class A
Class I
0.30%
None
 
JNL/The London Company Focused U.S. Equity Fund
Class A
Class I
0.30%
None
 
JNL/VanEck International Gold Fund
Class A
Class I
0.30%
None
 
JNL/WCM Focused International Equity 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.
 

A-2