JPMorgan Emerging Markets Debt Fund (JPMorgan Emerging Markets Debt ) Fonds

The fund normally invests at least 80% of the value of its assets in emerging market debt investments. It invests primarily in debt securities that the adviser believes have the potential to provide a high total return from countries whose economies or bond markets are less developed. The fund does not have any minimum quality rating and may invest without limit in securities that are rated below investment grade (commonly known as junk bonds) or the unrated equivalent.