JP Morgan Mid Cap Value Fund-A Share Class

Under typical market conditions, this fund allocates a minimum of 80% of its total capital to the equity shares of mid-sized companies. For the purpose of this policy, "assets" refers to the fund's net worth combined with any funds borrowed for investment. A company is classified as "mid-cap" if its market capitalization falls within the range of the Russell Midcap® Value Index at the moment of purchase.