JPMorgan U.S. Equity Fund Class L (JMUEX)

The JPMorgan U.S. Equity Fund typically allocates at least 80% of its total investment capital to stocks issued by companies based in the United States. For this purpose, "assets" refers to the fund's net worth combined with any money borrowed for investment activities. While its core strategy involves investing in common shares of large and mid-sized American corporations, the fund also has the flexibility to invest up to 20% of its holdings in common stocks of non-U.S. companies, including through instruments like depositary receipts.