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Institutional Account Application
Money Market Mutual Funds                                                                                            Institutional Services: 1-800-766-7722
Page 1 of 3                                                                                                          Fax: 1-877-371-5948

This application is for institutional investors opening accounts in any of the J.P. Morgan Money Market Funds, (the "Funds") and serves as the institutional
investor's account agreement with JPMorgan Distribution Services, Inc. ("JPMDS"). The terms “I”, “me”, “my”, “you” and “your” as used in this application
refer to the registered owner of the account. This account application is intended for institutional investors who are investing on their own behalf. If you have
questions or need assistance completing this application, please call 1-800-766-7722.

 • Federal law requires all financial institutions to obtain, verify, and record information that identifies each investor who opens an account.
 • When you open an account, we will ask for your name, legal address, tax identification number and other information that will allow us to identify you.

1. Account Registration
Type of Account: Please select one from Column A and one from Column B
Note: Please see subscripts for documentation requirements

Column A                                                                                       Column B

       Public Corporation (Please provide Symbol)                                                  U.S. Bank

       Subsidiary of a Public Corporation (Please provide Symbol above)                            SEC Registered Broker-Dealer

       Government Entity                                                                           Insurance Company

       Non-Public Corporation1                                                                     N/A

       Limited Liability Corporation3

        Disregarded Entity (Please provide owner's Name)


Account Name                                                                                             Attention

Tax ID Number of Account Holder 4                                                    Type of Business

1Please provide a government certified certificate of incorporation or certificate of good standing
2Please provide a current partnership agreement
3Please provide a current certificate of good standing
4 If disregarded entity is checked above, provide tax id number of owner. Do not provide the disregarded entity's tax id number.

2. Address
Mailing address

City                                                                  State                                   Zip code

Business phone number                                                         Fax number

Indicate Principal Place of Business or Legal Address below if different than above or if mailing address is a PO Box


City                                                               State                                        Zip code

3. Fund Selection
    Fund Name(s)
    Fund Number(s)

4. Dividend Option
You may reinvest your capital gains and/or dividend income in additional fund shares, or take these distributions in cash. Unless alternate instructions are
given, cash dividends will be wired to the bank instructions noted in Section 5.
    Please use instructions in Section 5        OR             Please use instructions indicated here
Capital Gains          Reinvest        Cash          Dividend Income           Reinvest        Cash
If no boxes are checked, your capital gains and dividend distributions will be automatically reinvested.

5. Instructions for Redemptions and Distributions
Proceeds of redemptions should be wired to my bank as follows:

ABA number:                                                        Account number:

Bank name:

Account name

    To automatically debit your JPMorgan Chase Bank Demand Deposit Account for purchases please check here and list instructions above, if applicable.

6. Global Cash Portal
    By checking here, I request on-line access to my J.P. Morgan Funds accounts through the Global Cash Portal. I agree that my use of the Global Cash
    Portal is subject to the terms and conditions contained on or within the Global Cash Portal.

7. Signature Authorization/Certification
By signing this application, the authorized representative of the registered owner certifies on behalf of the registered owner that:

 1. I have full right, power and authority to make the investment applied for pursuant to this application and that the individuals signing on my behalf are
duly authorized to sign this application, to purchase and redeem Fund shares on my behalf and to change bank wiring instructions and account information
(with the proper documentation). I have received and read the current prospectus for each Fund in which I am investing and this application and, I agree to
be bound by their terms, including, but not limited to, placement of orders and payments for purchases.
 2. I acknowledge that the Funds are authorized to accept any instruction from JPMDS provided by me to JPMDS. Confirmations of orders and statements
of my account(s) shall be conclusive unless I object in writing within ten days after transmittal to me.
 3. I understand that I automatically have the ability to give instructions by telephone to exchange shares between identically registered Fund accounts and/
or redeem shares and transfer the proceeds to the bank account (s) designated on this document or to my address of record. In addition, if I have chosen
on-line access to my Fund account(s), I can give such instructions electronically. I agree that neither any Fund nor JPMDS will be liable for any loss, cost,
expense or other liability arising out of any instructions (transmitted by telephone, in writing, electronically or by any other means) believed by it to be
genuine and in accordance with procedures described in the Fund's prospectus. The Funds use reasonable procedures to confirm that instructions given by
telephone are genuine. These procedures include recording telephone instructions and asking for account identification. If these procedures are followed,
the Funds will not be responsible for any loss, liability, cost or expense of acting upon unauthorized or fraudulent instructions, and I will bear the risk of loss.
I agree that in no event shall any Fund or JPMDS be liable for any indirect or consequential damages or for loss caused directly or indirectly by war, natural
disasters, acts of terrorism, government restrictions, or other conditions beyond their control.
 4. I understand that all information provided in this application (including redemption instructions and distribution options) will apply to any additional Fund
investment, and shall inure to the benefit of the successors and assigns of the Funds and JPMDS.
 5. I understand that this application serves as my account agreement with JPMDS, who will serve as the broker dealer of record on my Fund account, as
well as my application to open my Fund account which will hold my shares of the Funds. JPMDS and/or the Funds may at any time, without prior notice,
terminate my account with the Funds.
 6. I understand that investments in the Funds are not bank deposits and are not guaranteed by the FDIC or any other government agency, nor are they
obligations of or guaranteed by JPMorgan Chase Bank, NA, or any of its affiliates. Investments in mutual funds, including money market funds, involve risk
including possible loss of the principal amount invested. Money market funds seek to maintain a constant net asset value of $1.00 per share, however, it is
possible to lose money by investing in a money market fund.

JPMDS is hereby authorized to accept and act upon telephone instructions from the undersigned and any other designated person for the purchase,
redemption or exchange of Fund shares. If a person authorized to trade on the account is no longer authorized, you must notify JPMDS. JPMDS is hereby
authorized to accept and act upon instructions to change the bank wiring instructions or account information listed in this application only from an
individual authorized by a corporate resolution or other evidence of such authority. If an authorized person no longer has such authority, you must notify

Attention: Please attach a copy of a corporate resolution dated within the past 12 months or other evidence of the authority of the below
individuals to act on this account. This document must grant at least one of the individuals signing on the following page the authority to do so.

7. Signature Authorization/Certification (continued)
Under penalties of perjury, I certify that (1) the number shown on this form is the firm's correct taxpayer
identification number, and (2) the firm is not subject to backup withholding because: (a) the firm is exempt from
backup withholding, or (b) the firm has not been notified by the Internal Revenue Service (IRS) that it is subject to
backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified the firm that
it is no longer subject to backup withholding and (3) the firm is a U.S. person (as defined below).

Definition of a U.S. Person (from Form W-9 Instructions). For Federal tax purposes, you are considered a U.S Person if you are:
 An individual who is a U.S. citizen or U.S. resident alien (or)
 A partnership, corporation, company, or association created or organized in the United States or under the laws of the United States (or)
 An estate (other than a foreign estate (or)
 A domestic trust (as defined in Regulations section 301.7701-7).

Certification Instructions: You must cross out item 2 above if you have been notified by the IRS that you are
currently subject to backup withholding because you have failed to report all interest and dividends on your tax

The IRS does not require your consent to any provision of this document other than the certifications required to
avoid backup withholding.

Authorized Signer(s)
     Printed Name:                                                                                   Title:

                                                                                          Date (MMDDYYYY)

         E-mail Address                                                                      Phone number

     Printed Name:                                                                                    Title:

                                                                                          Date (MMDDYYYY)

         E-mail Address                                                                       Phone number

 If the account requires additional authorized signers, please attach an additional page identifying such persons.

 Products and services are provided by JPMorgan Distribution Services, Inc. member FINRA J.P. Morgan Funds are distributed by
 JPMorgan Distribution Services, Inc. which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for
 providing various services to the Funds.
         Please mail the completed JPMorgan Distribution Services, Inc. application to:

          Mailing address:                                         Fax to:
          J.P. Morgan Institutional Fund Services                  1-877-371-5948
          500 Stanton Christiana Road                              Attn: Fund Services
          Newark, DE 19713

For Internal Use Only

 X                                                                                 Date (MMDDYYYY)

 Registered Representative Signature

 Registered Representative Print Name

X                                                                                  Date (MMDDYYYY)

 Principal Signature

       Print Form

Institutional Account
Global Cash Portal Application & Authorization                                                                                    Institutional Services: 1-800-766-7722
Page 1 of 1                                                                                                                       Fax: 1-877-371-5948

This application is for use by institutional investors to elect online account access and transaction capabilities for their J.P. Morgan mutual fund accounts via
the internet.

1. Account Registration
Name of Institution

Account number (if applicable)                                                                                    Tax ID Number

2. Address
Mailing address

City                                                        State                                     Zip code

Business phone number                                                                  Fax number

3. Account Access Agreement
By signing this form, I authorize JPMorgan Chase Bank, its affiliates, agents and J.P. Morgan Funds (collectively, "JPM") to permit access to my account(s) and to act on any
instructions received via computer to purchase, redeem or exchange Fund shares.
I acknowledge that I am responsible for accurately entering all data to perform account transactions electronically, for verifying the instructions and for ensuring the confidentiality
and use of my Personal Identification Number (PIN). I will be solely responsible for all orders electronically transmitted using my PIN. I agree that JPM shall be entitled to act upon
any such instruction and that JPM will not be liable for any loss, cost, expense or other liability arising out of any such instructions. I will contact J.P. Morgan Institutional Funds
Service Center immediately if (i) I do not receive an online acknowledgment of an order transmitted electronically; or (ii) I do not receive a written confirmation of an order within
five business days; or (iii) I believe there is a discrepancy between a transaction I performed and the online acknowledgment or written confirmation I receive; or (iv) someone has
obtained unauthorized access to my account or PIN.
I understand that online access will be suspended when an incorrect PIN is entered multiple times. In addition, JPM reserves the right to suspend online access at any time.
I understand that I may suspend account access and online transaction capabilities at any time by calling J.P. Morgan Institutional Funds Service Center at 800-766-7722.

4. Access Authorization
1.) Name                                                                                                               Phone number

    E-mail Address                                                                                                               View     OR             Trade

2.) Name                                                                                                               Phone number

    E-mail Address                                                                                                               View     OR             Trade

3.) Name                                                                                                               Phone number

    E-mail Address                                                                                                               View     OR             Trade

4.) Name                                                                                                               Phone number

    E-mail Address                                                                                                               View     OR             Trade

5. Account Authorization
First Name                                                                                   Last Name

Signature X                                                                                        Date (MMDDYYYY)

     Please mail or fax the completed Global Cash Portal application to:
                                      Mailing address:                                                 Fax to:
                                      J.P. Morgan Institutional Fund Services                          1-877-371-5948
                                      500 Stanton Christiana Road                                      Attn: Fund Services
                                      Newark, DE 19713

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