J.P. Morgan Natural Capital

• A percentage of assets under your management
• Performance-based fees
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$7,023,614,803 as of October 2026, filing dated September 29, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)
• Portfolio management for businesses (other than small businesses) or institutional clients

Legal name

JPMorgan Asset Management Natural Capital, LLC

Also doing business as

CAMPBELL GLOBAL, J.P. MORGAN ASSET MANAGMENT NATURAL CAPITAL, J.P. MORGAN NATURAL CAPITAL, J.P.MORGAN ASSET MANAGEMENT NATURAL CAPITAL, J.P.MORGAN NATURAL CAPITAL, JP MORGAN NATURAL CAPITAL, JPMAM NATURAL CAPITAL, JPMORGAN ASSET MANAGEMENT NATURAL CAPITAL, JPMORGAN NATURAL CAPITAL

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2000 (26 years)

Employees

Total: 144. Performing investment advisory functions: 31.

Wrap fee program participation

No.

States registered or notice-filed

1 state or jurisdiction

OR

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

8 Reports 8 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Criminal matters Items 11.A and 11.B

• 11.A(1) In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a felony?
• 11.A(2) In the past ten years, has the firm or an advisory affiliate been charged with a felony?

Regulatory matters Items 11.C to 11.G

• 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
• 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
• 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
• 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $3,920,549,433 in the October 2021 data and $7,023,614,803 in the October 2026 data, up 79%.

Total employees: 160 in October 2021 and 144 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. October 2026
   • Added the business name JPMorgan Natural Capital.
   • Added the business name JPMorgan Asset Management Natural Capital.
   • Added the business name Jpmam Natural Capital.
   • Added the business name JP Morgan Natural Capital.
   • Added the business name J.p.morgan Natural Capital.
   • Added the business name J.p.morgan Asset Management Natural Capital.
   • Added the business name J.P. Morgan Natural Capital.
   • Added the business name J.P. Morgan Asset Managment Natural Capital.
   • Changed its legal name from Campbell Global, LLC to JPMorgan Asset Management Natural Capital, LLC.
2. April 2026
   • Employees performing advisory functions went from 22 to 31.
   • Regulatory assets under management went from $6,218,198,357 to $6,955,448,887 (+12%).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.