SCHEDULE B

TO THE SHAREHOLDER SERVICING AGREEMENT

(Amended as of November 14, 2017)

Money Market Funds

Current Name	Former Name	Share Class	Shareholder Servicing 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	Capital Institutional Agency Premier Morgan Reserve Service		0.05 0.10 0.15 0.30 0.35 0.30 0.30	%  %  %  %  %  %  %
JPMorgan California Municipal Money Market Fund	JPMorgan California Tax Free Money Market Fund	Morgan E*TRADE Service Premier Reserve Eagle		0.35 0.30 0.30 0.30 0.30 0.30	%  %  %  %  %  %
JPMorgan Federal Money Market Fund	JPMorgan Federal Money Market Fund	Institutional Agency Premier Morgan Reserve Capital		0.10 0.15 0.30 0.35 0.30 0.05	%  %  %  %  %  %
JPMorgan Liquid Assets Money Market Fund	One Group Prime Money Market Fund	Capital Institutional Agency Premier Investor Morgan Reserve Class C E*TRADE		0.05 0.10 0.15 0.30 0.35 0.35 0.30 0.25 0.30	%  %  %  %  %  %  %  %  %
JPMorgan Municipal Money Market Fund	One Group Municipal Money Market Fund	Institutional Agency Premier Morgan Reserve Service E*TRADE Eagle		0.10 0.15 0.30 0.35 0.30 0.30 0.30 0.30	%  %  %  %  %  %  %  %

B - 1

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average  daily net assets of each Class of Shares)
JPMorgan New York Municipal Money Market Fund	JPMorgan New York Tax Free Money Market Fund	Morgan Reserve Service E*TRADE Premier Eagle		0.35 0.30 0.30 0.30 0.30 0.30	%  %  %  %  %  %
JPMorgan Prime Money Market Fund	JPMorgan Prime Money Market Fund	Capital Institutional Agency Premier Morgan Reserve Class C		0.05 0.10 0.15 0.30 0.35 0.30 0.25	%  %  %  %  %  %  %
JPMorgan Tax Free Money Market Fund	JPMorgan Tax Free Money Market Fund	Institutional Agency Premier Morgan Reserve Direct		0.10 0.15 0.30 0.35 0.30 0.15	%  %  %  %  %  %
JPMorgan U.S. Government Money Market Fund	One Group Government Money Market Fund	Capital Institutional Agency Premier Morgan Reserve Service Investor Direct Eagle E*TRADE Eagle Private Wealth		0.05 0.10 0.15 0.30 0.35 0.30 0.30 0.35 0.15 0.30 0.30 0.15	%  %  %  %  %  %  %  %  %  %  %  %
JPMorgan U.S. Treasury Plus Money Market Fund	One Group U.S. Treasury Securities Money Market Fund	Capital Institutional Agency Premier Investor Morgan Reserve Class C Service Direct Eagle		0.05 0.10 0.15 0.30 0.35 0.35 0.30 0.25 0.30 0.15 0.30	%  %  %  %  %  %  %  %  %  %  %
JPMorgan Institutional Tax Free Money Market Fund		Capital Institutional Agency		0.05 0.10 0.15	%  %  %

B - 2

Equity Funds

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average  daily net assets of each Class of Shares)
JPMorgan Access Balanced Fund	N/A	Class A Class C Class I Class L		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Access Growth Fund	N/A	Class A Class C Class I Class L		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan China Region Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Disciplined Equity Fund	JPMorgan Disciplined Equity Fund	Class A Class I Class L		0.25 0.25 0.10	%  %  %
JPMorgan Diversified Fund	JPMorgan Diversified Fund	Class A Class C Class I Class L		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Intrepid Mid Cap Fund	One Group Diversified Mid Cap Fund and JPMorgan Diversified Mid Cap Fund	Class A Class C Class I Class R3 Class R4		0.25 0.25 0.25 0.25 0.25	%  %  %  %  %

B - 3

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average  daily net assets of each Class of Shares)
JPMorgan Mid Cap Growth Fund	One Group Mid Cap Growth Fund and JPMorgan Diversified Mid Cap Growth Fund (name effective until 6/27/09)	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %
JPMorgan Dynamic Growth Fund	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Dynamic Small Cap Growth Fund	JPMorgan Dynamic Small Cap Fund (name effective until 6/29/07)	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Emerging Economies Fund	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Emerging Markets Equity Fund	JPMorgan Fleming Emerging Markets Equity Fund	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Emerging Markets Equity Income Fund	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Equity Focus Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Equity Income Fund	One Group Equity Income Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %

B - 4

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average  daily net assets of each Class of Shares)
JPMorgan Equity Index Fund	One Group Equity Index Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Equity Low Volatility Income Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Global Allocation Fund	JPMorgan Global Flexible Fund (name effective until 2/17/11)	Class A Class C Class I Class R2 Class T		0.25 0.25 0.25 0.25 0.25	%  %  %  %  %
JPMorgan Global Research Enhanced Index Fund	N/A	Class A Class C Class I Class R2		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Global Unconstrained Equity Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Growth and Income Fund	JPMorgan Growth and Income Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan Hedged Equity Fund	N/A	Class A Class C Class I Class R5 Class T		0.25 0.25 0.25 0.10 0.25	%  %  %  %  %
JPMorgan International Discovery Fund		Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %

B - 5

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average  daily net assets of each Class of Shares)
JPMorgan International Equity Fund	JPMorgan Fleming International Equity Fund	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan International Equity Income Fund	JPMorgan Global Equity Income Fund (name effective until 1/30/15)	Class A Class C Class I Class R2 Class R5 Class T		0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %
JPMorgan International Research Enhanced Equity Fund	One Group International Equity Index Fund and JPMorgan International Equity Index Fund (name effective until 6/30/14)	Class A Class C Class I Class R2		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan International Opportunities Fund	JPMorgan Fleming International Opportunities Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan International Unconstrained Equity Fund	N/A	Class A Class C Class I Class R2 Class R5 Class T		0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %
JPMorgan International Value Fund	JPMorgan Fleming International Value Fund	Class A Class C Class I Class R2 Class R5 Class L Class T		0.25 0.25 0.25 0.25 0.10 0.10 0.25	%  %  %  %  %  %  %
JPMorgan Intrepid America Fund	JPMorgan Intrepid America Fund	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Intrepid Advantage Fund (to be renamed JPMorgan Intrepid Sustainable Equity Fund on or about 3/31/17)	JPMorgan Intrepid Investor Fund, JPMorgan Intrepid Contrarian Fund (name effective until 4/10/06) and JPMorgan Intrepid Multi Cap Fund (name effective until 4/30/13)	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Intrepid European Fund	JPMorgan Fleming Intrepid European Fund	Class A Class C Class I Class L		0.25 0.25 0.25 0.10	%  %  %  %

B - 6

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Intrepid Growth Fund	JPMorgan Intrepid Growth Fund	Class A Class C Class I Class R2 Class R5		0.25% 0.25% 0.25% 0.25% 0.10%
JPMorgan Intrepid International Fund	JPMorgan Fleming Tax Aware International Opportunities Fund and JPMorgan Tax Aware International Opportunities Fund	Class A Class C Class I Class R2		0.25% 0.25% 0.25% 0.25%
JPMorgan Intrepid Value Fund	JPMorgan Intrepid Value Fund	Class A Class C Class I Class R2 Class R5 Class T		0.25% 0.25% 0.25% 0.25% 0.10% 0.25%
JPMorgan Investor Balanced Fund	One Group Investor Balanced Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.10% 0.25%
JPMorgan Investor Conservative Growth Fund	One Group Investor Conservative Growth Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.10% 0.25%
JPMorgan Investor Growth Fund	One Group Investor Growth Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.10% 0.25%

B - 7

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Investor Growth & Income Fund	One Group Investor Growth & Income Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %
JPMorgan Large Cap Growth Fund	One Group Large Cap Growth Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %
JPMorgan Large Cap Value Fund	One Group Large Cap Value Fund	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Latin America Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Market Expansion Enhanced Index Fund	One Group Market Expansion Index Fund and JPMorgan Market Expansion Index Fund (name effective until 4/30/13)	Class A Class C Class I Class R2		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Mid Cap Equity Fund	JPMorgan Mid Cap Equity Fund	Class A Class C Class I Class R2 Class R5 Class T		0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %
JPMorgan Growth Advantage Fund	JPMorgan Mid Cap Growth Fund (change effective 8/17/05)	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %

B - 8

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Mid Cap Value Fund	JPMorgan Mid Cap Value Fund	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Multi-Cap Market Neutral Fund	One Group Market Neutral Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Multi-Manager Alternatives Fund	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Multi-Manager Long/Short Fund (effective upon the effectiveness of the Fund’s registration statement)	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Opportunistic Equity Long/Short Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Research Market Neutral Fund	JPMorgan Market Neutral Fund (name effective until 2/28/10)	Class A Class C Class L Class I		0.25 0.25 0.10 0.25	%  %  %  %
JPMorgan Small Cap Core Fund	JPMorgan Trust Small Cap Equity Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %

B - 9

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Small Cap Equity Fund	JPMorgan Small Cap Equity Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan Small Cap Growth Fund	One Group Small Cap Growth Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class L Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Small Cap Value Fund	One Group Small Cap Value Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartAllocation Equity Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan SmartRetirement Income Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2015 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %

B - 10

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement 2020 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2025 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2030 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2035 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2040 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %

B - 11

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement 2045 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2050 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2055 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement 2060 Fund	N/A	Class A Class C Class I Class R5 Class R2 Class R3 Class R4 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.25	%  %  %  %  %  %  %  %
JPMorgan SmartRetirement Blend Income Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %

B - 12

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement Blend 2015 Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan SmartRetirement Blend 2020 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2025 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2030 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2035 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2040 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %

B - 13

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement Blend 2045 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2050 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2055 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartRetirement Blend 2060 Fund	N/A	Class A Class C Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %
JPMorgan SmartSpending 2050 Fund	N/A	Class A Class I Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.25 0.25 0.10	%  %  %  %  %  %
JPMorgan Systematic Alpha Fund	JPMorgan Diversified Risk Fund (name effective until 5/15/14)	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Tax Aware Equity Fund	JPMorgan Tax Aware Disciplined Equity Fund (name effective until 12/10/10)	Class A Class C Class I		0.25 0.25 0.25	%  %  %

B - 14

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan U.S. Dynamic Plus Fund	JPMorgan Intrepid Long/Short Fund (name effective until 11/1/07) and JPMorgan Intrepid Plus Fund (name effective until 5/3/10)	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan U.S. Equity Fund	JPMorgan U.S. Equity Fund	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan U.S. Large Cap Core Plus Fund	N/A	Class A Class C Class I Class R2 Class R5 Class T		0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %
JPMorgan U.S. Small Company Fund	JPMorgan U.S. Small Company Fund	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10	%  %  %  %  %  %  %  %
JPMorgan Value Advantage Fund	N/A	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Value Plus Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %

B - 15

Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
Undiscovered Managers Behavioral Value Fund	Undiscovered Managers Behavioral Value Fund	Class A Class C Class I Class L Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.10 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Realty Income Fund	Undiscovered Managers REIT Fund	Class A Class C Class I Class L Class R5		0.25 0.25 0.25 0.10 0.10	%  %  %  %  %
Security Capital U.S. Core Real Estate Securities Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %

Fixed Income Funds

Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan California Tax Free Bond Fund	JPMorgan California Bond Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Commodities Strategy Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Core Bond Fund	One Group Bond Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %

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Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Core Plus Bond Fund	One Group Income Bond Fund	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class L Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.10 0.25	%  %  %  %  %  %  %  %  %
JPMorgan Corporate Bond Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Diversified Real Return Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Emerging Markets Corporate Debt Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Emerging Markets Debt Fund	JPMorgan Fleming Emerging Markets Debt Fund	Class I Class A Class C Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Emerging Markets Strategic Debt Fund	JPMorgan Emerging Markets Local Currency Debt Fund (name effective until 9/30/16)	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Flexible Long/Short Fund	JPMorgan Flexible Credit Long/Short Fund (name effective until 5/18/16)	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Floating Rate Income Fund	N/A	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Global Bond Opportunities Fund	N/A	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %

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Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Government Bond Fund	One Group Government Bond Fund	Class A Class C Class I Class R2 Class R3 Class R4		0.25 0.25 0.25 0.25 0.25 0.25	%  %  %  %  %  %
JPMorgan High Yield Fund	One Group High Yield Bond Fund and JPMorgan High Yield Bond Fund (name effective until 9/14/09)	Class A Class C Class I Class R2 Class R3 Class R4 Class R5 Class T		0.25 0.25 0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %  %  %
JPMorgan High Yield Opportunities Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Income Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Income Builder Fund	JPMorgan World Income Builder Fund	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Inflation Managed Bond Fund	N/A	Class A Class C Class I Class R5		0.25 0.25 0.25 0.10	%  %  %  %
JPMorgan Intermediate Tax Free Bond Fund	JPMorgan Intermediate Tax Free Income Fund	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Managed Income Fund	N/A	Class I Class L		0.25 0.10	%  %
JPMorgan Mortgage-Backed Securities Fund	One Group Mortgage-Backed Securities Fund	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Municipal Income Fund	One Group Municipal Income Fund	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan New York Tax Free Bond Fund	JPMorgan New York Intermediate Tax Free Income Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %

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Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Ohio Municipal Bond Fund	One Group Ohio Municipal Bond Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Short Duration Bond Fund	One Group Short-Term Bond Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Short Duration High Yield Fund		Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Short-Intermediate Municipal Bond Fund	One Group Short-Term Municipal Bond Fund and JPMorgan Short Term Municipal Bond Fund (name effective until 4/30/09)	Class A Class C Class I		0.25% 0.25% 0.25%
JPMorgan SmartAllocation Income Fund	N/A	Class A Class C Class I Class R2 Class R5		0.25 0.25 0.25 0.25 0.10	%  %  %  %  %
JPMorgan Strategic Income Opportunities Fund	N/A	Class A Class C Class I Class R5 Class T		0.25 0.25 0.25 0.10 0.25	%  %  %  %  %
JPMorgan Tax Aware High Income Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Tax Aware Income Opportunities Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Tax Aware Real Return Fund	N/A	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Tax Free Bond Fund	One Group Tax-Free Bond Fund	Class A Class C Class I Class T		0.25 0.25 0.25 0.25	%  %  %  %
JPMorgan Total Return Fund	N/A	Class A Class C Class I Class R5 Class R2 Class T		0.25 0.25 0.25 0.10 0.25 0.25	%  %  %  %  %  %

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Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Treasury & Agency Fund	One Group Treasury & Agency Fund	Class A Class C Class I		0.25 0.25 0.25	%  %  %
JPMorgan Ultra-Short Municipal Fund	N/A	Class A Class I		0.25 0.25	%  %
JPMorgan Unconstrained Debt Fund	JPMorgan Multi-Sector Income Fund (name effective until 10/22/14)	Class A Class C Class I Class R2 Class R5 Class T		0.25 0.25 0.25 0.25 0.10 0.25	%  %  %  %  %  %
JPMorgan Limited Duration Bond Fund	One Group Ultra Short-Term Bond Fund and JPMorgan Ultra Short Term Bond Fund (name change effective 7/1/06) and JPMorgan Ultra Short Duration Bond Fund (name effective until 8/31/09)	Class A Class C Class I		0.25 0.25 0.25	%  %  %

* Up to 0.25% of this fee may be for the Shareholder Services described in Section 2.2 of this Agreement.

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*                    *                     *                    *

JPMorgan Distribution Services, Inc.	J.P. Morgan Fleming Mutual Fund Group, Inc. J.P. Morgan Mutual Fund Investment Trust JPMorgan Trust I JPMorgan Trust II JPMorgan Trust III JPMorgan Trust IV Undiscovered Managers Funds On behalf of themselves and each of their Funds
By:	By:
Name:	Name:
Title:	Title:

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