Amendment to
Ex. 99.28(g)(1)(xxviii)
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, as amended (the “Agreement”), is by and among JNL Series Trust and JNL Investors Series Trust (each individually a “Trust” and together, the “Trusts”) and JNL Variable Fund LLC (the “Fund”) and JPMorgan Chase Bank, N.A. (the “Custodian”).
Whereas, the Custodian and the Trusts and Fund (the “Parties”) have entered into the Agreement by which the Custodian provides certain custodial services relating to securities and other assets of each Trust and the Fund.
Whereas, the Boards of Trustees of JNL Series Trust and the Board of Managers of the Fund (together, the “Board”) has approved new funds, a fund merger, and fund name changes for certain funds, as outlined below, effective June 24, 2019 (collectively, the “Fund Changes”):
JNL Series Trust
New Funds
| 1) | JNL/AQR Large Cap Defensive Style Fund; and |
| 2) | JNL/BlackRock Advantage International Fund. |
Fund Merger
| 1) | JNL/Mellon Capital 10 x 10 Fund to merge into the JNL/Mellon Capital Index 5 Fund. |
Fund Name Changes
| 1) | JNL/Franklin Xxxxxxxxx Founding Strategy Fund change to JNL/Franklin Xxxxxxxxx Growth Allocation Fund (in connection with an investment sub-adviser appointment, as approved by the Board of Trustees of JNL Series Trust); |
| 2) | JNL/Mellon Capital Index 5 Fund change to JNL/Mellon Index 5 Fund; |
| 3) | JNL/Mellon Capital Bond Index Fund change to JNL/Mellon Bond Index Fund; |
| 4) | JNL/Mellon Capital Emerging Markets Index Fund change to JNL/Mellon Emerging Markets Index Fund; |
| 5) | JNL/Mellon Capital MSCI KLD 400 Social Index Fund change to JNL/Mellon MSCI KLD 400 Social Index Fund; |
| 6) | JNL/Mellon Capital International Index Fund change to JNL/Mellon International Index Fund; |
| 7) | JNL/Mellon Capital S&P 500 Index Fund change to JNL/Mellon S&P 500 Index Fund; |
| 8) | JNL/Mellon Capital S&P 400 MidCap Index Fund change to JNL/Mellon S&P 400 MidCap Index Fund; |
| 9) | JNL/Mellon Capital Small Cap Index Fund change to JNL/Mellon Small Cap Index Fund; |
| 10) | JNL/Mellon Capital Utilities Sector Fund change to JNL/Mellon Utilities Sector Fund; |
| 11) | JNL/Mellon Capital S&P 1500 Growth Index Fund change to JNL/Mellon S&P 1500 Growth Index Fund; |
| 12) | JNL/Mellon Capital S&P 1500 Value Index Fund change to JNL/Mellon S&P 1500 Value Index Fund; |
| 13) | JNL/Mellon Capital Consumer Staples Sector Fund change to JNL/Mellon Consumer Staples Sector Fund; |
| 14) | JNL/Mellon Capital Materials Sector Fund change to JNL/Mellon Materials Sector Fund; |
| 15) | JNL/Mellon Capital Industrials Sector Fund change to JNL/Mellon Industrials Sector Fund; and |
| 16) | JNL/Mellon Capital Real Estate Sector Fund change to JNL/Mellon Real Estate Sector Fund. |
JNL Variable Fund LLC
Fund Name Changes
| 1) | JNL/Mellon Capital DowSM Index Fund change to JNL/Mellon DowSM Index Fund; |
| 2) |
JNL/Mellon Capital Consumer Discretionary Sector Fund change to JNL/Mellon Consumer Discretionary Sector Fund; |
| 3) | JNL/Mellon Capital Energy Sector Fund change to JNL/Mellon Energy Sector Fund; |
| 4) | JNL/Mellon Capital Financial Sector Fund change to JNL/Mellon Financial Sector Fund; |
| 5) | JNL/Mellon Capital Healthcare Sector Fund change to JNL/Mellon Healthcare Sector Fund; |
| 6) |
JNL/Mellon Capital Information Technology Sector Fund change to JNL/Mellon Information Technology Sector Fund; and |
| 7) |
JNL/Mellon Capital Telecommunications Sector Fund change to JNL/Mellon Communication Services Sector Fund. |
Whereas, pursuant to Board approval of the Fund Changes, as outlined above, the Parties have agreed to amend the Agreement, effective June 24, 2019, to update the list of funds to add the new funds, to remove the merged fund, and to update certain fund names in Schedule A.
Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:
| 1) | Schedule A of the Agreement is hereby deleted and replaced in its entirety with Schedule A dated June 24, 2019, attached hereto. |
| 2) | Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms. |
| 3) | Each Trust, the Fund, 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, the Fund, or the Custodian to this Amendment. |
| 4) | This Amendment may be executed in one or more counterparts, which together shall constitute one document. |
In Witness Whereof, the Parties hereto have caused this Amendment to be executed, effective as of June 24, 2019.
|
JNL Series Trust JNL Variable Fund LLC |
JPMorgan Chase Bank, National Association |
||||
| By: | /s/ Xxxxxxx X. Xxxxxx | By: | /s/ Xxxx Xxxxxxx | ||
| Name: | Xxxxxxx X. Xxxxxx | Name: | Xxxx Xxxxxxx | ||
| Title: | Assistant Secretary | Title: | Vice President | ||
| - 2 - |
Schedule A
List of funds as of June 24, 2019
| JNL Investors Series Trust Funds |
| JNL Government Money Market Fund |
| JNL Securities Lending Collateral Fund |
| JNL Series Trust Funds |
| JNL/American Funds Balanced Fund |
| JNL/American Funds Blue Chip Income and Growth Fund |
| JNL/American Funds Capital Income Builder Fund |
| JNL/American Funds Global Bond Fund |
| JNL/American Funds Global Small Capitalization Fund |
| JNL/American Funds Growth-Income Fund |
| JNL/American Funds International Fund |
| JNL/American Funds New World Fund |
| JNL Aggressive Growth Allocation Fund |
| JNL Growth Allocation Fund |
| JNL Moderate Growth Allocation Fund |
| JNL Institutional Alt 25 Fund |
| JNL Institutional Alt 50 Fund |
| JNL Multi-Manager Small Cap Growth Fund |
| JNL Multi-Manager Small Cap Value Fund |
| JNL/American Funds Growth Allocation Fund |
| JNL/American Funds Moderate Growth Allocation Fund |
| JNL/AQR Large Cap Defensive Style Fund |
| JNL/AQR Managed Futures Strategy Fund |
| JNL/BlackRock Advantage International Fund |
| JNL/BlackRock Global Allocation Fund |
| JNL/BlackRock Global Natural Resources Fund |
| JNL/BlackRock Large Cap Select Growth Fund |
| JNL/First State Global Infrastructure Fund |
| JNL/FPA + DoubleLine Flexible Allocation Fund (for the portion of assets managed by Ivy Investment Management Company) |
| JNL/Franklin Xxxxxxxxx Global Fund |
| JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund |
| JNL/Franklin Xxxxxxxxx Growth Allocation Fund |
| JNL/Franklin Xxxxxxxxx Income Fund |
| JNL/Franklin Xxxxxxxxx International Small Cap Growth Fund |
| JNL/Franklin Xxxxxxxxx Mutual Shares Fund |
| JNL/Xxxxxxx U.S. Focused Real Estate Fund |
| JNL/Invesco China-India Fund |
| JNL/Mellon Bond Index Fund |
| JNL/Mellon Consumer Staples Sector Fund |
| JNL/Mellon Emerging Markets Index Fund |
| JNL/Mellon Index 5 Fund |
| JNL/Mellon Industrials Sector Fund |
| JNL/Mellon International Index Fund |
| JNL/Mellon Materials Sector Fund |
| JNL/Mellon MSCI KLD 400 Social Index Fund |
| JNL/Mellon Real Estate Sector Fund |
| JNL/Mellon S&P 400 MidCap Index Fund |
| JNL/Mellon S&P 500 Index Fund |
| JNL S&P 500 Index Fund |
| JNL/Mellon S&P 1500 Growth Index Fund |
| A-1 |
| JNL Series Trust Funds |
| JNL/Mellon S&P 1500 Value Index Fund |
| JNL/Mellon Small Cap Index Fund |
| JNL/Mellon Utilities Sector Fund |
| JNL/Morningstar Wide Moat Index Fund |
| JNL/PIMCO Income Fund |
| JNL/PIMCO Real Return Fund |
| JNL/Scout Unconstrained Bond Fund |
| JNL/WMC Balanced Fund |
| JNL/WMC Government Money Market Fund |
| JNL/WMC Value Fund |
| JNL/S&P 4 Fund |
| JNL/S&P Competitive Advantage Fund |
| JNL/S&P Dividend Income & Growth Fund |
| JNL/S&P International 5 Fund |
| JNL/S&P Intrinsic Value Fund |
| JNL/S&P Managed Aggressive Growth Fund |
| JNL/S&P Managed Conservative Fund |
| JNL/S&P Managed Growth Fund |
| JNL/S&P Managed Moderate Fund |
| JNL/S&P Managed Moderate Growth Fund |
| JNL/S&P Mid 3 Fund |
| JNL/S&P Total Yield Fund |
| JNL/Vanguard Capital Growth Fund |
| JNL/Vanguard Equity Income Fund |
| JNL/Vanguard Global Bond Market Index Fund |
| JNL/Vanguard Growth ETF Allocation Fund |
| JNL/Vanguard International Fund |
| JNL/Vanguard International Stock Market Index Fund |
| JNL/Vanguard Moderate ETF Allocation Fund |
| JNL/Vanguard Moderate Growth ETF Allocation Fund |
| JNL/Vanguard Small Company Growth Fund |
| JNL/Vanguard U.S. Stock Market Index Fund |
| JNL Variable Fund LLC Funds |
| JNL/Mellon DowSM Index Fund |
| JNL/Mellon Communication Services Sector Fund |
| JNL/Mellon Consumer Discretionary Sector Fund |
| JNL/Mellon Energy Sector Fund |
| JNL/Mellon Financial Sector Fund |
| JNL/Mellon Healthcare Sector Fund |
| JNL/Mellon Information Technology Xxxxxx Xxxx |
| X-0 |
