EX-99.(N)(1)(XV) 42 exn1xv_mcpamend42522.htm AMENDMENT, EFFECTIVE APRIL 25, 2022, TO MULTIPLE CLASS PLAN

Ex. 99.28(n)(1)(xv)

Amendment to  

JNL Series Trust Multiple Class Plan

 

 

 

This Amendment is made by JNL Series Trust, a Massachusetts business trust (the “Trust”), to its Multiple Class Plan (the “Plan”).

 

Whereas, the Plan was adopted on April 29, 2013, and as amended by the Trust with respect to each of the Trust’s investment portfolios (each a “Fund”), as shown on Schedule A to the Plan, in accordance with Rule 18f-3 under the Investment Company Act of 1940, as amended.

 

Whereas, the Board of Trustees of the Trust (the “Board”) has approved (i) three new Funds of the Trust (each, a “New Fund” and collectively, the “New Funds”), (ii) mergers for two Funds of the Trust into other Funds of the Trust (each, a “Merged Fund” and together, the “Merged Funds”), and (iii) fund name changes for four Funds of the Trust (the “Fund Name Changes”), as outlined below, effective April 25, 2022:

 

New Funds

 

1) JNL/AB Sustainable Global Thematic Fund;

 

2) JNL/Neuberger Berman Gold Plus Strategy Fund; and

 

3) JNL/WCM China Quality Growth Fund.

 

Merged Funds

 

1) JNL/BlackRock Advantage International Fund; and

 

2) JNL/Franklin Templeton Growth Allocation Fund.

 

Fund Name Changes

 

1) JNL/Franklin Templeton Global Multisector Bond Fund change to JNL/Western Asset Global Multi-Sector Bond Fund (in connection with an investment sub-adviser replacement, as approved by the Board);

 

2) JNL/Invesco International Growth Fund change to JNL/William Blair International Leaders Fund

(in connection with an investment sub-adviser replacement, as approved by the Board);

 

3) JNL/Mellon Equity Income Fund change to JNL/Newton Equity Income Fund (to align with the company name of the investment sub-adviser); and

 

4) JNL/Mellon MSCI KLD 400 Social Index Fund change to JNL/Morningstar U.S. Sustainability Index Fund (in connection with an investment strategy change and benchmark change, as approved by the Board).

 

Whereas, pursuant to Board approval of the changes, as outlined above, the Trust has agreed to amend Schedule A of the Plan to add each new Fund, to remove each merged Fund, and to update the names of certain Funds, effective April 25, 2022.

 

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 April 25, 2022, 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 April 25, 2022. 

 

  JNL Series Trust
 

 

By:

 /s/ Kristen K. Leeman
  Name: Kristen K. Leeman
  Title: Assistant Secretary

 

 

 

 

Schedule A

Dated April 25, 2022

Investment Portfolios

 

 

Funds Class

JNL Bond Index Fund

 

 

Class I

 

JNL Emerging Markets Index Fund

 

 

 Class I

JNL International Index Fund

 

 

 Class I

JNL Mid Cap Index Fund

 

 

 Class I

JNL Small Cap Index Fund

 

 

 Class I
JNL/American Funds® Balanced Fund

Class A

Class I
JNL/American Funds® Bond Fund of America Fund

Class A

Class I
JNL/American Funds® Capital Income Builder Fund

Class A

Class I
JNL/American Funds® Capital World Bond Fund

Class A

Class I
JNL/American Funds® Global Growth Fund

Class A

Class I
JNL/American Funds® Global Small Capitalization Fund

Class A

Class I
JNL/American Funds® Growth Fund

Class A

Class I
JNL/American Funds® Growth-Income Fund

Class A

Class I
JNL/American Funds® International Fund

Class A

Class I
JNL/American Funds® New World Fund

Class A

Class I
JNL/American Funds® Washington Mutual Investors Fund

Class A

Class I
JNL Aggressive Growth Allocation Fund

Class A

Class I
JNL Conservative Allocation Fund

Class A

Class I
JNL Growth Allocation Fund

Class A

Class I
JNL iShares Tactical Growth Fund

Class A

Class I
JNL iShares Tactical Moderate Fund

Class A

Class I
JNL iShares Tactical Moderate Growth Fund

Class A

Class I
JNL Moderate Allocation Fund

Class A

Class I
JNL Moderate Growth Allocation Fund

Class A

Class I
JNL Multi-Manager Alternative Fund

Class A

Class I
JNL Multi-Manager Emerging Markets Equity Fund

Class A

Class I
JNL Multi-Manager International Small Cap Fund

Class A

Class I
JNL Multi-Manager Mid Cap Fund

Class A

Class I
JNL Multi-Manager Small Cap Growth Fund

Class A

Class I

 

A-1 

 

 

Funds Class
JNL Multi-Manager Small Cap Value Fund

Class A

Class I
JNL/AB Sustainable Global Thematic Fund

Class A

Class I
JNL/American Funds® Growth Allocation Fund

Class A

Class I
JNL/American Funds® Moderate Growth Allocation Fund

Class A

Class I
JNL/AQR Large Cap Defensive Style Fund

Class A

Class I
JNL/Baillie Gifford International Growth Fund

Class A

Class I
JNL/Baillie Gifford U.S. Equity Growth Fund

Class A

Class I
JNL/BlackRock Global Allocation Fund

Class A

Class I
JNL/BlackRock Global Natural Resources Fund

Class A

Class I
JNL/BlackRock Large Cap Select Growth Fund

Class A

Class I
JNL/Causeway International Value Select Fund

Class A

Class I
JNL/ClearBridge Large Cap Growth Fund

Class A

Class I
JNL/DFA International Core Equity Fund

Class A

Class I
JNL/DFA U.S. Core Equity Fund

Class A

Class I
JNL/DFA U.S. Small Cap Fund

Class A

Class I
JNL/DoubleLine® Core Fixed Income Fund

Class A

Class I
JNL/DoubleLine® Emerging Markets Fixed Income Fund

Class A

Class I
JNL/DoubleLine® Shiller Enhanced CAPE® Fund

Class A

Class I
JNL/DoubleLine® Total Return Fund

Class A

Class I
JNL/Fidelity Institutional Asset Management® Total Bond Fund

Class A

Class I
JNL/First Sentier Global Infrastructure Fund

Class A

Class I
JNL/Franklin Templeton Income Fund

Class A

Class I
JNL/Goldman Sachs 4 Fund

Class A

Class I
JNL/Goldman Sachs Managed Aggressive Growth Fund

Class A

Class I
JNL/Goldman Sachs Managed Conservative Fund

Class A

Class I
JNL/Goldman Sachs Managed Growth Fund

Class A

Class I
JNL/Goldman Sachs Managed Moderate Fund

Class A

Class I
JNL/Goldman Sachs Managed Moderate Growth Fund

Class A

Class I
JNL/GQG Emerging Markets Equity Fund

Class A

Class I
JNL/Harris Oakmark Global Equity Fund

Class A

Class I
JNL/Heitman U.S. Focused Real Estate Fund

Class A

Class I
JNL/Invesco Diversified Dividend Fund

Class A

Class I

 

A-2 

 

 

Funds Class
JNL/Invesco Global Growth Fund

Class A

Class I
JNL/Invesco Small Cap Growth Fund

Class A

Class I
JNL/JPMorgan Global Allocation Fund

Class A

Class I
JNL/JPMorgan Hedged Equity Fund

Class A

Class I
JNL/JPMorgan MidCap Growth Fund

Class A

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

Class A

Class I
JNL/JPMorgan U.S. Value Fund

Class A

Class I
JNL/Lazard International Strategic Equity Fund

Class A

Class I
JNL/Loomis Sayles Global Growth Fund

Class A

Class I
JNL/Lord Abbett Short Duration Income Fund

Class A

Class I
JNL/Mellon Bond Index Fund

Class A

Class I
JNL/Mellon Communication Services Sector Fund

Class A

Class I
JNL/Mellon Consumer Discretionary Sector Fund

Class A

Class I
JNL/Mellon Consumer Staples Sector Fund

Class A

Class I
JNL/Mellon DowSM Index Fund

Class A

Class I
JNL/Mellon Emerging Markets Index Fund

Class A

Class I
JNL/Mellon Energy Sector Fund

Class A

Class I
JNL/Mellon Financial Sector Fund

Class A

Class I
JNL/Mellon Healthcare Sector Fund

Class A

Class I
JNL/Mellon Industrials Sector Fund

Class A

Class I
JNL/Mellon Information Technology Sector Fund

Class A

Class I
JNL/Mellon International Index Fund

Class A

Class I
JNL/Mellon Materials Sector Fund

Class A

Class I
JNL/Mellon Nasdaq® 100 Index Fund

Class A

Class I
JNL/Mellon Real Estate Sector Fund

Class A

Class I
JNL/Mellon S&P 400 MidCap Index Fund

Class A

Class I
JNL/Mellon S&P 500 Index Fund

Class A

Class I
JNL S&P 500 Index Fund

Class A

Class I
JNL/Mellon Small Cap Index Fund

Class A

Class I
JNL/Mellon U.S. Stock Market Index Fund

Class A

Class I
JNL/Mellon Utilities Sector Fund

Class A

Class I

 

A-3 

 

 

Funds Class
JNL/Mellon World Index Fund

Class A

Class I
JNL/Morningstar PitchBook Listed Private Equity Index Fund

Class A

Class I
JNL/Morningstar U.S. Sustainability Index Fund

Class A

Class I
JNL/Morningstar Wide Moat Index Fund

Class A

Class I
JNL/MFS Mid Cap Value Fund

Class A

Class I
JNL/Neuberger Berman Commodity Strategy Fund

Class A

Class I
JNL/Neuberger Berman Gold Plus Strategy Fund

Class A

Class I
JNL/Neuberger Berman Strategic Income Fund

Class A

Class I
JNL/Newton Equity Income Fund

Class A

Class I
JNL/PIMCO Income Fund

Class A

Class I
JNL/PIMCO Investment Grade Credit Bond Fund

Class A

Class I
JNL/PIMCO Real Return Fund

Class A

Class I
JNL/PPM America Floating Rate Income Fund

Class A

Class I
JNL/PPM America High Yield Bond Fund

Class A

Class I
JNL/PPM America Total Return Fund

Class A

Class I
JNL/RAFI® Fundamental U.S. Small Cap Fund

Class A

Class I
JNL/RAFI® Multi-Factor U.S. Equity Fund

Class A

Class I
JNL/T. Rowe Price Balanced Fund

Class A

Class I
JNL/T. Rowe Price Capital Appreciation Fund

Class A

Class I
JNL/T. Rowe Price Established Growth Fund

Class A

Class I
JNL/T. Rowe Price Mid-Cap Growth Fund

Class A

Class I
JNL/T. Rowe Price Short-Term Bond Fund

Class A

Class I
JNL/T. Rowe Price U.S. High Yield Fund

Class A

Class I
JNL/T. Rowe Price Value Fund

Class A

Class I
JNL/Vanguard Growth ETF Allocation Fund

Class A

Class I
JNL/Vanguard Moderate ETF Allocation Fund

Class A

Class I
JNL/Vanguard Moderate Growth ETF Allocation Fund

Class A

Class I
JNL/WCM China Quality Growth Fund

Class A

Class I
JNL/WCM Focused International Equity Fund

Class A

Class I
JNL/Westchester Capital Event Driven Fund

Class A

Class I
JNL/Western Asset Global Multi-Sector Bond Fund

Class A

Class I
JNL/William Blair International Leaders Fund

Class A

Class I

 

A-4 

 

 

Funds Class
JNL/WMC Balanced Fund

Class A

Class I
JNL/WMC Equity Income Fund

Class A

Class I
JNL/WMC Global Real Estate Fund

Class A

Class I
JNL/WMC Government Money Market Fund

Class A

Class I
JNL/WMC Value Fund

Class A

Class I

 

A-5