EX-99.23(h)(48)
AMENDMENT
TO
TRANSFER AGENCY AGREEMENT
AMENDMENT made as of this 3rd day of December, 2007, by and between JNL
Series Trust, a Massachusetts business trust (the "Trust"), and ▇▇▇▇▇▇▇ National
Asset Management, LLC, a Michigan limited liability company ("JNAM").
WITNESSETH
WHEREAS, the Trust and JNAM entered into a Transfer Agency Agreement (the
"Agreement") dated January 31, 2001.
WHEREAS, under the terms of the Agreement, JNAM renders certain transfer
agency and other services to units of beneficial interest in separate funds
("Funds") of the Trust and the owners of record thereof.
WHEREAS, the Funds in existence on the date of the Agreement ("Current
Portfolios") are set forth in the Agreement.
WHEREAS, the parties wish to amend the Agreement in order to reflect the
addition of eight new funds: 1) JNL/S&P 4 Fund; 2) JNL/S&P Dividend Income &
Growth Fund; 3) JNL/S&P Intrinsic Value Fund; 4) JNL/S&P Competitive Advantage
Fund; 5) JNL/S&P Total Yield Fund; 6) JNL/▇▇▇ China-India Fund; 7) JNL/▇▇▇ Asia
ex-Japan Fund; and 8) JNL/Capital Guardian International Small Cap Fund.
WHEREAS, in order to reflect the sub-adviser change from Wellington
Management Company, LLP to Capital Guardian Trust Company for two funds: 1)
JNL/Select Large Cap Growth Fund; and 2) JNL/Select Global Growth Fund.
WHEREAS, in order to reflect the name change for the JNL/Select Large Cap
Growth Fund to JNL/Capital Guardian U.S. Growth Equity Fund; and the JNL/Select
Global Growth Fund to JNL/Capital Guardian Global Diversified Research Fund.
WHEREAS, in order to reflect a change in sub-adviser from Pyramis Global
Advisors, LLC to Capital Guardian Trust Company for the JNL/FI Balanced Fund.
WHEREAS, in order to reflect a name change for the JNL/FI Balanced Fund to
JNL/Capital Guardian Global Balanced Fund.
WHEREAS, in order to reflect a change in sub-adviser from ▇.▇. ▇▇▇▇▇▇
Investment Management Inc. to A I M Capital Management, Inc. for the
JNL/JPMorgan International Equity Fund.
WHEREAS, in order to reflect a name change for the JNL/JPMorgan
International Equity Fund to the JNL/AIM International Growth Fund.
WHEREAS, in order to reflect a change in sub-adviser from ▇▇▇▇▇▇ Investment
Management, LLC to PPM America, Inc. for the JNL/▇▇▇▇▇▇ Equity Fund.
WHEREAS, in order to reflect a name change for JNL/▇▇▇▇▇▇ Equity Fund to
JNL/PPM America Core Equity Fund.
WHEREAS, in order to reflect the merger of the JNL/▇▇▇▇▇▇ Midcap Growth
Fund into the JNL/FI Mid-Cap Equity Fund, and a subsequent change in sub-adviser
of the JNL/FI Mid-Cap Equity Fund from Pyramis Global Advisors, LLP to ▇.▇.
▇▇▇▇▇▇ Investment Management, Inc.
WHEREAS, in order to reflect a name change for the JNL/FI Mid-Cap Equity
Fund to JNL/JPMorgan MidCap Growth Fund.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Exhibit A to the Agreement is hereby deleted and replaced in its entirety
with Exhibit A dated December 3, 2007, attached hereto.
2. This Amendment may be executed in two or more counterparts which together
shall constitute one document.
IN WITNESS WHEREOF, the parties have caused this instrument to be executed
as of the day and year first above written.
ATTEST: JNL SERIES TRUST
______________________________ By: _________________________________
Name: ▇▇▇▇▇ ▇. ▇▇▇▇
Title: Vice President, Counsel, and Secretary
ATTEST: ▇▇▇▇▇▇▇ NATIONAL ASSET MANAGEMENT, LLC
_____________________________ By: __________________________________
Name: ▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
SCHEDULE A
DECEMBER 3, 2007
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FUNDS
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JNL/AIM International Growth Fund
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JNL/AIM Large Cap Growth Fund
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JNL/AIM Real Estate Fund
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JNL/AIM Small Cap Growth Fund
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JNL/Capital Guardian International Small Cap Fund
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JNL/Capital Guardian U.S. Growth Equity Fund
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JNL/Capital Guardian Global Diversified Research Fund
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JNL/Capital Guardian Global Balanced Fund
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JNL/Credit Suisse Global Natural Resources Fund
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JNL/Credit Suisse Long/Short Fund
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JNL/Eagle Core Equity Fund
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JNL/Eagle SmallCap Equity Fund
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JNL/Franklin ▇▇▇▇▇▇▇▇▇ Founding Strategy Fund
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JNL/Franklin ▇▇▇▇▇▇▇▇▇ Global Growth Fund
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JNL/Franklin ▇▇▇▇▇▇▇▇▇ Income Fund
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JNL/Franklin ▇▇▇▇▇▇▇▇▇ Mutual Shares Fund
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JNL/Franklin ▇▇▇▇▇▇▇▇▇ Small Cap Value Fund
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JNL/▇▇▇▇▇▇▇ Sachs Core Plus Bond Fund
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JNL/▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund
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JNL/▇▇▇▇▇▇▇ Sachs Short Duration Bond Fund
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JNL/JPMorgan International Value Fund
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JNL/JPMorgan MidCap Growth Fund
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JNL/JPMorgan U.S. Government & Quality Bond Fund
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JNL/Lazard Emerging Markets Fund
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JNL/Lazard Small Cap Value Fund
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JNL/Lazard Mid Cap Value Fund
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JNL/Mellon Capital Management S&P 500 Index Fund
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JNL/Mellon Capital Management S&P 400 MidCap Index Fund
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JNL/Mellon Capital Management Small Cap Index Fund
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JNL/Mellon Capital Management International Index Fund
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JNL/Mellon Capital Management Bond Index Fund
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JNL/Mellon Capital Management Enhanced S&P 500 Stock Index Fund
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JNL/Mellon Capital Management Index 5 Fund
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JNL/Mellon Capital Management 10 x 10 Fund
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JNL/▇▇▇▇▇▇▇▇▇▇▇ Global Growth Fund
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JNL/▇▇▇ Asia ex-Japan Fund
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JNL/▇▇▇ China-India Fund
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JNL/PIMCO Real Return Fund
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JNL/PIMCO Total Return Bond Fund
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JNL/PPM America Core Equity Fund
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JNL/PPM America High Yield Bond Fund
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JNL/PPM America Value Equity Fund
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JNL/Select Balanced Fund
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JNL/Select Money Market Fund
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JNL/Select Value Fund
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JNL/Select Value Fund
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JNL/▇. ▇▇▇▇ Price Established Growth Fund
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JNL/▇. ▇▇▇▇ Price Mid-Cap Growth Fund
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JNL/▇. ▇▇▇▇ Price Value Fund
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JNL/S&P Managed Growth Fund
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Growth Fund
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JNL/S&P Managed Moderate Fund
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JNL/S&P Managed Aggressive Growth Fund
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JNL/S&P Retirement Income Fund
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JNL/S&P Retirement 2015 Fund
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JNL/S&P Retirement 2020 Fund
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JNL/S&P Retirement 2025 Fund
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JNL/S&P Moderate Retirement Strategy Fund
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JNL/S&P Moderate Growth Retirement Strategy Fund
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JNL/S&P Growth Retirement Strategy Fund
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JNL/S&P Disciplined Moderate Fund
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JNL/S&P Disciplined Moderate Growth Fund
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JNL/S&P Disciplined Growth Fund
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JNL/S&P Competitive Advantage Fund
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JNL/S&P Dividend Income & Growth Fund
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JNL/S&P Intrinsic Value Fund
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JNL/S&P Total Yield Fund
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JNL/S&P 4 Fund
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