JPMORGAN DIVERSIFIED FUNDLECT CLASS 

The investment seeks to provide a high total return from a diversified portfolio of equity and fixed income investments. Drawing on a variety of analytical tools, the fund's adviser typically seeks to invest the fund's assets among various types of asset classes based on the following allocation: 35%–80% equity securities; 15%–65% fixed income securities; 0%–10% convertible securities. The fund invests in separate underlying strategies by investing directly in individual securities and/or in other J.P. Morgan Funds, across asset classes.