EX 99.28(g)(1)(vii)

Amendment to

Master Global Custody Agreement between

the Customer and JPMorgan Chase Bank, N.A.

This Amendment to the Master Global Custody Agreement between the Customer and JPMorgan Chase Bank, N.A. dated August 12, 2009 (“Agreement”), is by and between JNL Series Trust and JNL Investors Series Trust (each individually “Trust”, collectively, the “Trusts”), JNL Variable Fund LLC and JNL Strategic Income Fund LLC (each individually “Fund,” collectively, the “Funds”) and JPMorgan Chase Bank, N.A. (“Custodian”).

Whereas, pursuant to the merger of certain funds and the replacement of sub-advisers of certain other funds of JNL Series Trust, the parties have agreed to amend Schedule A of the Agreement to:

- remove the JNL/M&G Global Leaders Fund of JNL Series Trust;

- remove the JNL/UBS Large Cap Select Growth Fund of JNL Series Trust;

- remove the JNL/Lazard Mid Cap Equity Fund of JNL Series Trust;

- add the JNL/BlackRock Large Cap Select Growth Fund of JNL Series Trust; and

- add the JNL/Invesco Mid Cap Value Fund of JNL Series Trust.

Whereas, pursuant to the merger of certain funds of JNL Variable Fund LLC, the parties have agreed to amend Schedule A of the Agreement to remove the following funds:

- JNL/Mellon Capital DowSM Dividend Fund;

- JNL/Mellon Capital S&P® 10 Fund;

- JNL/Mellon Capital Select Small-Cap Fund; and

- JNL/Mellon Capital VIP Fund.

Whereas, pursuant to the addition of one new fund of JNL Investors Series Trust, the parties have agreed to amend Schedule A to:

- add the JNL/PPM America Low Duration Bond Fund of JNL Investors Series Trust.

Now, Therefore, the parties hereto agree to amend the Agreement as follows:

1.   To delete Schedule A of the Agreement, and substitute it with Schedule A attached hereto.

2.   Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.

3.   The Trusts, Funds, and the Custodian hereby each represent and warrant to the other that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment on its behalf has the requisite authority to bind the Trusts, Fund or Custodian to this Amendment.

In Witness Whereof, the parties hereto have caused this Amendment to be executed as of August 6, 2013, dated as of September 16, 2013.

JNL Series Trust JNL Investors Series Trust JNL Variable Fund LLC JNL Strategic Income Fund LLC			JPMorgan Chase Bank, N.A.
By:	/s/ Kristen K. Leeman		By:	/s/ Tracy Winthrop
Name:		Kristen K. Leeman	Name:		Tracy Winthrop
Title:		Assistant Secretary	Title:		Executive Director

Schedule A

List of Funds as of September 16, 2013

JNL Investors Series Trust Funds

JNL/PPM America Low Duration Bond Fund

JNL/PPM America Total Return Fund

JNL Money Market Fund

JNL Series Trust Funds

JNL/American Funds Balanced Allocation Fund

JNL/American Funds Blue Chip Income and Growth Fund

JNL/American Funds Global Bond Fund

JNL/American Funds Global Small Capitalization Fund

JNL/American Funds Growth Allocation Fund

JNL/American Funds Growth-Income Fund

JNL/American Funds International Fund

JNL/American Funds New World Fund

JNL/AQR Managed Futures Strategy Fund

JNL/BlackRock Commodity Securities Strategy Fund

JNL/BlackRock Global Allocation Fund

JNL/BlackRock Large Cap Select Growth Fund

JNL/Brookfield Global Infrastructure Fund

JNL/Capital Guardian Global Balanced Fund

JNL/Capital Guardian Global Diversified Research Fund

JNL/DFA U.S. Core Equity Fund

JNL/Eagle SmallCap Equity Fund

JNL/Eastspring Investments Asia ex-Japan Fund

JNL/Eastspring Investments China-India Fund

JNL/Franklin Templeton Founding Strategy Fund

JNL/Franklin Templeton Global Growth Fund

JNL/Franklin Templeton Global Multisector Bond Fund

JNL/Franklin Templeton Income Fund

JNL/Franklin Templeton International Small Cap Growth Fund

JNL/Franklin Templeton Mutual Shares Fund

JNL/Franklin Templeton Small Cap Value Fund

JNL/Goldman Sachs Core Plus Bond Fund

JNL/Goldman Sachs Emerging Markets Debt Fund

JNL/Goldman Sachs Mid Cap Value Fund

JNL/Goldman Sachs U.S. Equity Flex Fund

JNL Institutional Alt 20 Fund

JNL Institutional Alt 35 Fund

JNL Institutional Alt 50 Fund

JNL Institutional Alt 65 Fund

 JNL/Invesco Global Real Estate Fund

A-1

JNL Series Trust Funds

JNL/Invesco International Growth Fund

JNL/Invesco Large Cap Growth Fund

JNL/Invesco Mid Cap Value Fund

JNL/Invesco Small Cap Growth Fund

JNL/Ivy Asset Strategy Fund

JNL/JPMorgan International Value Fund

JNL/JPMorgan MidCap Growth Fund

JNL/JPMorgan U.S. Government & Quality Bond Fund

JNL/Lazard Emerging Markets Fund

JNL/M&G Global Basics Fund

JNL/Mellon Capital Bond Index Fund

JNL/Mellon Capital Dow Jones U.S. Contrarian Opportunities Index Fund

JNL/Mellon Capital Emerging Markets Index Fund

JNL/Mellon Capital European 30 Fund

JNL/Mellon Capital Global Alpha Fund

JNL/Mellon Capital Index 5 Fund

JNL/Mellon Capital International Index Fund

JNL/Mellon Capital Pacific Rim 30 Fund

JNL/Mellon Capital 10 x 10 Fund

JNL/Mellon Capital S&P 500 Index Fund

JNL/Mellon Capital S&P 400 MidCap Index Fund

JNL/Mellon Capital Small Cap Index Fund

JNL/Mellon Capital Utilities Sector Fund

JNL/Morgan Stanley Mid Cap Growth Fund

JNL/Neuberger Berman Strategic Income Fund

JNL/Oppenheimer Global Growth Fund

JNL/PIMCO Real Return Fund

JNL/PIMCO Total Return Bond Fund

JNL/PPM America High Yield Bond Fund

JNL/PPM America Mid Cap Value Fund

JNL/PPM America Small Cap Value Fund

JNL/PPM America Value Equity Fund

JNL/Red Rocks Listed Private Equity Fund

JNL/T. Rowe Price Established Growth Fund

JNL/T. Rowe Price Mid-Cap Growth Fund

JNL/T. Rowe Price Short-Term Bond Fund

JNL/T. Rowe Price Value Fund

JNL/WMC Balanced Fund

JNL/WMC Money Market Fund

JNL/WMC Value Fund

JNL/S&P Managed Aggressive Growth Fund

 JNL/S&P Managed Conservative Fund

A-2

JNL Series Trust Funds

JNL/S&P Managed Growth Fund

JNL/S&P Managed Moderate Fund

JNL/S&P Managed Moderate Growth Fund

JNL/S&P Competitive Advantage Fund

JNL/S&P Dividend Income & Growth Fund

JNL/S&P Intrinsic Value Fund

JNL/S&P Total Yield Fund

JNL/S&P 4 Fund

JNL Disciplined Growth Fund

JNL Disciplined Moderate Fund

JNL Disciplined Moderate Growth Fund

JNL Variable Fund LLC Funds

JNL/Mellon Capital 25 Fund

JNL/Mellon Capital Communications Sector Fund

JNL/Mellon Capital Consumer Brands Sector Fund

JNL/Mellon Capital Financial Sector Fund

JNL/Mellon Capital Global 15 Fund

JNL/Mellon Capital Healthcare Sector Fund

JNL/Mellon Capital Nasdaq® 25 Fund

JNL/Mellon Capital Oil & Gas Sector Fund

JNL/Mellon Capital S&P® 24 Fund

JNL/Mellon Capital Technology Sector Fund

JNL/Mellon Capital Value Line® 30 Fund

JNL/Mellon Capital DowSM 10 Fund

JNL/Mellon Capital JNL Optimized 5 Fund

JNL/Mellon Capital S&P® SMid 60 Fund

JNL/Mellon Capital NYSE® International 25 Fund

JNL/Mellon Capital JNL 5 Fund

JNL Strategic Income Fund LLC Fund

JNL/PPM America Strategic Income Fund

A-3